The ‘Motte and Bailey’ fallacy isn’t really a fallacy

I’m sure everyone, or at least if you read Slate Star Codex, has heard of the motte and bailey (MAB) fallacy, which is as follows: Motte and bailey (MAB) is a combination of bait-and-switch and equivocation in which someone switches between a “motte” (an easy-to-defend…

Bitcoin update

In early 2018/late 2017, this blog made a reversal from being optimistic about Bitcoin to selling. I personally sold some around 19,000 and then another batch around 15,000-16,000. Some of this went into cash, some into stocks, and also some into alt coins. The alt…

Trump and ‘shithole countries’

Trump’s comments about Haiti and ‘shithole countries’ have rekindled the is-Trump-a-racist debate. Trump denies Haiti slur amid fallout from ‘shithole’ comment ‘There’s no other word but racist’: Trump’s global rebuke for ‘shithole’ remark As discussed in an earlier post, defining racism is surprisingly difficult, and…

Michael Wolff book,’Fire and Fury’; Prediction: Nothing-burger

I’m sure by now everyone has heard about the Michael Wolff book,’Fire and Fury’, that purports to challenge Trump’s sanity, among other claims. My prediction is, this book will fail to have any lasting impact (beyond the immediate headlines, like we’re seeing now), like all…

People should stop saying silly things about IQ

The great physicist Sean Carroll famously implored physicists to stop saying silly things about philosophy. Now people should stop saying silly things about IQ. IQ and Construct Validity He calls himself a ‘race realist’ yet echoes the same arguments used by those who oppose such…

Cryptocurrencies are not inflationary, nor is it ‘helicopter money’

On June 11, 2017, Michael Harris, proprietor of the Price Action Lab trading system and blog, published a post Cryptocurrencies, Helicopter Money and The Dangers of Hyperinflation, arguing that crypto currencies will create hyper-inflation and that it’s the equivalent of ‘helicopter money’: This is money…

Jordan Peterson plans to unveil an IQ test

30 minutes into his New Years live stream, Jordan Peterson announced plans to unveil an IQ test that would be integrated into a ‘career path’ package–the third such program after the success of his self-authoring program and his ‘understanding myself’ ‘big five’ personality test. However,…

The bitcoin hedge fund rip-off

Today’s idiot and why hedge funds are a scam: The man who bet $1M that #bitcoin could hit $50K by the end of the next year breaks down his call @AriDavidPaul Investor Ari Paul Bets $1 Million That Bitcoin Price Hits $50,000 by 2018 Just…