Thomas Piketty Analysis, and the US Economy

Scott recently published a 2-part series on Thomas Piketty’s Capital in the 21st Century: BOOK REVIEW: CAPITAL IN THE TWENTY-FIRST CENTURY (he also wrote two follow-up posts) When one includes the thee posts but also all the comments on Scott’s blog and on Reddit, that…

Trump, threats, & the news cycle

The news cycle has been pretty slow as of late. Although there is a lot of stuff going on, it falls under the predictable/ongoing quadrant, than being surprising or unexpected. It’s not like “OMG..this is totally unexpected!” There’s gonna be more immigration, like it or…

Dr. Peterson vs. Jim Jeffries Interview

here is the video clip or Jordan Peterson: From The Weekly Standard: What Jordan Peterson Doesn’t Understand About Religion and Free Speech Recently, Jordan Peterson was interviewed by Australian comedian Jim Jeffries’s show on Comedy Central. The interview did not go particularly well for Peterson,…

Trump: he’s still in office as impeachment hopes evaporate

I was also correct about Trump not being impeached. So far, 18 months in Trump’s presidency, impeachment efforts have not just stalled–they are nonexistent. The left was sure that by now there would be a case against Trump or at least some tentative impeachment proceedings,…

Bitcoin plunges below 6,000

Bitcoin resumes its plunge, falling from 6700 to 6400 (now at 5900). A week ago everyone was ecstatic on Twitter that Bitcoin was coming back, only to watch the gains evaporate in the span of just 20 minutes. There are all these idiot Bitcoin daytraders…

Trump’s immigration bill

Sentiment = feels. Action=change. Which of these two do you think is more substantive. The immigration bill is not really a win for Trump, and such enthusiasm is like putting lipstick on a pig. If the bill fails, then the left wins by default and…

Education and workers, part 2

Contrary the popular belief that US education system is designed to mold workers, I argue that this is wrong, for the following reasons: Schools are purely meritocratic, where one’s success is dependent on producing correct answers on tests and assignments, whereas in the workplace the…

Is the U.S. Education System Designed to Create Obedient Workers?

NEWS & POLITICS Our Public Schools Are Churning Out Drones for the Corporate State ‘Schools create obedient workers’ (82 Posts) Think You Know Why Compulsory School Exists? Think Again. Do you think public schools in your country are designed to make kids docile, obedient workers…

Wealth, Intellectualism, and Individualism, Part 14: the trinity

Finally, there is the intersection of these pillars. Elsewhere, if it’s not internet and social media fame, high-IQ people are making all the money in the post-2008 economy, whether through stocks, high-paying and prestigious jobs, real estate, entrepreneurship, or venture capitalism. And whether it’s the…

A we in an Economic Ponzi Scheme?

A research report, Hallmark of an Economic Ponzi Scheme, by John P. Hussman, Ph.D., is going viral. Even Wiki, which is supposed to be impartial, does not paint a flattering picture: John Hussman (born October 15, 1962) is a stock market analyst and mutual fund…