Month: May 2022

What if the problems we see today–wokeness, cancel culture, increased political division, distrust of institutions and governments–can be blamed on a lack good villains? America saw strong economic growth and stability starting in the 40s and all the way through through the Cold War, ending in 1991, in which the Axis powers, and then shorty… Continue reading These are not the villains you’re looking for

The past two months have been especially tough. Does the recent selloff in the markets invalidate my forecasting abilities? I don’t think so. First, Bitcoin is still much weaker than the S&P 500 and Nasdaq, as I said would happen. Since late 2020, Bitcoin has lagged large cap tech and the S&P500, and the gap… Continue reading Forecast Updates: Stocks Recover as Bitcoin Lags

It’s not news that America’s homelessness problem seems to have gotten worse over the past decade. Although homelessness has fallen or stayed the same since 2007, especially after adjusted for population growth, the number of tent cities has surged since then. The tents dot freeway onramps, lawns outside of strip malls, along sidewalks, parks, etc.… Continue reading The Expendables: The Millions of Americans that Society Has No Use For

Elon tweeted: USA birth rate has been below min sustainable levels for ~50 years pic.twitter.com/v5PSLbvEAE — Elon Musk (@elonmusk) May 24, 2022 For the past year he has been going on about the dangers of falling fertility, calling it the biggest threat to civilization. Such fears are likely overblown. He says “USA birth rate has… Continue reading The overblown population/fertility crisis

I saw this article by Moldbug Letter to a young “white supremacist” Moldbug sorta seems like a right-wing version of Fredrik deBoer in that they both make the same sort of argument against performative activism. I fully understand the Moldbug incrementalism approach. The problem is, it’s not going to work for people who have high… Continue reading The Asymmetry of Activism vs. Content Creation

I mentioned Michael Novogratz a couple weeks ago in my post about the billionaire scam, “Mike Novogratz, like others on this list, has a remarkable ability to lose investors’ money and fail, but remain rich.” That didn’t take long for Mr. Baldy, who bears an uncanny resemblance to the Waterworld villain, to earn his title.… Continue reading Another billionaire bites the dust

It came to light yesterday that Elon Musk may have made unwanted sexual advances against a flight attendant on his private jet in 2016. Elon and Space-x paid her $250,000 to bury the matter. It’s probably fake news or greatly embellished. Who knows. It does not matter. I predict this will not hurt Elon’s brand… Continue reading Elon Musk Scandal

TED is a non-profit founded in 1984 ‘to help spread ideas’, although it’s more famous for its short videos, 3,500 of which have been produced since 2009. There is also the spin-off TEDx, which are local events and is only tangentially related to TED. The videos typically cover economics, behavioral psychology, or business, but others… Continue reading The Fake World of TED and Pop Psychology

Glenn Loury was recently on the Lex Fridman podcast. “Regardless of his race, he’s black” I hope so. I would be shocked to learn if if he’s white. It’s not called the Nobel Prize in economics, because Alfred Nobel didn’t stipulate such a category in his will. There is no such category. Instead it’s called… Continue reading Thomas Sowell and the Nobel Prize

I saw this going viral Why do those with higher IQs live longer? A new study points to answers Among the thousands of people studied, those in the top 10 percent of childhood intelligence were two-thirds less likely to have died from respiratory disease by age 79 than people in the bottom 10 percent. They… Continue reading IQ and Life Expectancy