The ’90s and now, part 14

But also, unlike in the ’90s, there are many more ways to make money in spite of supposed economic hardship, such as in the stock market and option trading [as the huge popularity of /r/wallstreetbets shows, where 20 and 30-year-olds frequently make (and also lose)…

Why the tariffs are not hurting the US economy

Some people, both on the ‘left’ and the ‘right’, get mad when you argue that the Trump tariffs and supposed trade war have not, and will not have, any negative affects on the US economy. “If the two biggest economies in the world are in…

Additional arguments against economic stagnation

All over the internet, people are asking if the economy has peaked or when to sell their stocks, especially given the unprecedented duration and magnitude of the post-2009 economic expansion and stock market boom, which as of 2018 has surpassed all prior records. Given that…

Stop blaming introverts for mass shootings

From Quillete The Deadly Boredom of ‘A Meaningless Life’ And Mel Magazine What Do We Do About the Violence of Lonely Young Men? The shootings in Denver and El Paso are an invitation for internet armchair psychologists and pundits everywhere to rehash the same tired…

Left-wing reaction

The tweet below struck me as neo-reactionary, as an indictment of America’s puritan cultural bedrock, despite being composed by someone who is otherwise left-wing: Americans will never, ever lose their hunger and thirst for tattling on each other and getting one another fired. It worked…

IQ and wealth, continued

Some people get annoyed by the idea that wealth and IQ are strongly linked. They say “look at all those smart people who are not rich!” At the low-end of IQ, such as around 80-95, people have fewer career choices, and the correlation between wealth…

Not worried about latest tariffs

The S%P 500 fell 3% yesterday and is off 5% from the highs over trade war fears. My prediction for these latest round of tariffs (five and counting) is that nothing will happen. There will be no meaningful uptick in inflation as measured by CPI….

Update on Trump Wall

With $2.5 billion in military funding appropriated for the wall, we have an update on progress, exclusive from Drudge Report: Jarred Talyor is right Vox said 6 months ago “Trump would deliver” and to “trust the plan” and to “give him 48 hours” I could…

Taleb is a liberal, continued

If it’s not already obvious enough that Nassim Taleb is a liberal, he re-tweeted this: One can argue that a retweet is not an endorsement, but if that were true, Taleb would have added commentary. I guess we know who he’s voting for. It also…

Taleb’s latest twitter meltdown

Uh oh, it looks like Tooleb is having another fit on Twitter about those ‘race Nazis’ again: Is @clairlemon still denying that her Quillete project is into a neo-Nazi "scientific" racism ("race realism") agenda? — Nassim Nicholas Taleb (@nntaleb) July 29, 2019 In the Twitter…