Not Worried About Tech Valuations: Why It May Be Different This Time

In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the doom and gloom is not all warranted. Big-Cap Tech Stocks Are a Sucker Bet We’ve been hearing these… Continue reading Not Worried About Tech Valuations: Why It May Be Different This Time

The Alt Right

From Radix Journal: WHAT IS THE #ALTRIGHT? The big-tent alt-right includes identitarians and archeofuturists, race realists and HBD bloggers, European New Right (ENR), shitlords, neo-reaction (NRx) and reaction (Rx), trad Christians, neo-pagans, white nationalists, PUAs, etc. (Note, these groups are not mutually exclusive. For example, an alt-righter might consider himself an identitarian and race realist.)… Continue reading The Alt Right

Debunking More IQ Denialism

However, numerous twin and adoption studies suggest IQ is heritable. Heritability of IQ Various studies have found the heritability of IQ to be between 0.7 and 0.8 in adults and 0.45 in childhood in the United States.[6][18][19] It may seem reasonable to expect that genetic influences on traits like IQ should become less important as… Continue reading Debunking More IQ Denialism

Time to Retire MLK

Every year on the third Monday of January, most government and business activity in America grinds to a standstill to pay homage to ‘the dreamer’. But maybe it’s time to retire MLK, for the following reasons: 1. MLK is the only American to have an entire national holiday dedicated in his name, after Lincoln and… Continue reading Time to Retire MLK

The Daily View: 1/17/2016 (lots of stuff)

From Fred Reed: The Inevitability of Eugenics I predict within 50 years America will start giving Eugenics a serious consideration as a way to tackle the growing entitlement spending problem, which by then will be much bigger than it is now if trends persist. Liberals and conservative alike need to get over this squeamishness of… Continue reading The Daily View: 1/17/2016 (lots of stuff)

The Daily View : Stocks Plunge, RIP American Dream, Why Prescription Drugs are so Expensive

Here is the backstory behind the 5,000% price hike of Daraprim. In Martin’s defense, the drug is classified as an ‘orphan drug‘, which means there is little demand due to the rarity of the underlying condition it is supposed to treat. In order for phrama companies to profit from orphan drugs, they have to charge… Continue reading The Daily View : Stocks Plunge, RIP American Dream, Why Prescription Drugs are so Expensive

Collapse Can Wait, Part 2

Aaron is right about America’s reserve currency status, and also there is the petrodollar in addition to the ‘flight to safety’ and other factors that are keeping interest rates low and the dollar high, all thanks to American exceptionalism. As bad as the US economy may seem, other countries are worse, although I am more… Continue reading Collapse Can Wait, Part 2