Not much going on…same as usual. The media is like stack of megaphones placed in front a buzzing insect, amplifying the noise until it’s defending, working everyone into a frenzy. Tuning out the sensationalist media hype is the easiest way to not make investing mistakes, as well as live a happier life. There are some… Continue reading Conspiracy Theories
Month: June 2016
FOMC Stupidity
Form the Reformed Broker: This is a low-flying panic attack There are too many people who believe that just because they have a blog and opinions, they can also pretend to be fed chairman, because obviously the fed is doing it all wrong, and it’s up to the lowly blogger to ‘set them strait’. The… Continue reading FOMC Stupidity
The Physics Police
This article went viral: Dear Dr B: Why not string theory? This article is a casebook example of the the modus operandi of liberalism, which is to try to ‘save’ people from perceived evils as determined by said liberal, whether it be big corporations, ‘greedy’ capitalists, ‘predatory’ lenders, genetically modified food, ‘institutional racism’ (a favorite),… Continue reading The Physics Police
Preventing Bad Policy
The general consensus by economists and policy makers is that the 2016 United Kingdom European Union membership referendum (brexit) will have negative consequences: IMF says Brexit ‘pretty bad to very, very bad’ The Brexit delusion Brexit is a needless complication, an attempt to fix something, that while flawed (especially about immigration), isn’t yet sufficiency broken… Continue reading Preventing Bad Policy
Religion of Peace Strikes Again
Suspected Orlando gunman identified, has ‘some connection to ISIS’ Mass shootings and other acts of domestic terrorism have surged under Obama: Possible reasons include the exceptionally polarizing nature of the Obama administration, which provokes extremists. Also, Obama’s softness on terrorism and affinity to Islam. As I alluded to yesterday, Islamic terrorism is the greatest threat… Continue reading Religion of Peace Strikes Again
Measuring the Influence of NRx Bloggers
The great ‘news drought’ continues…the news and blogging cycle has become moribund as of late, with many bloggers not posting as much, if at all. Then you have the usual hype, and journalists spinning their wheels about small matters, trying to evoke reactions out of readers to boost pageviews. I’d really hate to be a… Continue reading Measuring the Influence of NRx Bloggers
Real World Risk Institute
In the mid 2000’s after a string of losses, Nassim Nicholas Tooleb closed his fund, Empirica Capital, to become a writer specializing in repacking otherwise prosaic ideas. Despite Taleb’s fame and all the media attention about ‘black swans’, Tooleb’s CV is unimpressive. All his papers are sparse, lacking in rigor, and published in low-impact journals… Continue reading Real World Risk Institute
Tyler Cowen: What is neo-reaction?
From Tyler Cowen of Marginal Revolution: What is neo-reaction? The article stats are impressive : 525 comments, 287 Facebook shares, 2337 Tweets, and 162 Reddit ‘posts’, indicating a considerable amount of interest in this subject matter and further evidence NRx and the ‘alt right is going ‘mainstream’. 1. “Culturism” is in general correct, namely that… Continue reading Tyler Cowen: What is neo-reaction?
Consider Protestantism
Although NRx is ostensibly Catholic and seeks another ‘Restoration’, as a minimalist I tend to identify more with the simple, plain ascetic of Protestantism than the ostentatiousness of Catholicism. …But first a synopsis to understated the origins of the acrimony between Catholicism and Protestantism, in the context of NRx. The ‘beef’ with Protestantism dates back… Continue reading Consider Protestantism
Job Report: Much Ado About Nothing
The usual suspects are freaking out about the bad Friday jobs report, which showed unusually weak hiring (38,000 jobs created vs. estimates of 150k). However, as you can see below, every year for reasons unknown there are a couple unusually low prints, and then it rebounds. In Jun 5, 2013, the number missed badly, yet… Continue reading Job Report: Much Ado About Nothing