Taleb in the post The Merchandising of Virtue says that to change the world, you must start a business. 1) never engage in virtue signaling; 2) never engage in rent seeking; 3) you must start a business. Take risks, start a business. Yes, take risk, and if you get rich (what is optional) spend… Continue reading To change the world, invest; don’t start a business
Category: Uncategorized
Donald Trump Does Not Like to Read (but so what)
This is kinda old but still interesting: Trump ‘does not read books’: report Additionally, a July Washington Post article reported similar information, first noting that Trump had not read any biographies of U.S. presidents because he didn’t have the time. The article also reported Trump as saying that he does not read extensively because he… Continue reading Donald Trump Does Not Like to Read (but so what)
Individual Ideological & Philosophical Classification System
Inspired a Quilette post Universalism Not Centrism, I’m working on a classification system that can be applied to ideological groups and individuals, and to summarize key points. The goal is to create a classification system that encompasses most individuals and ideologies. Defnitions: Intersectionality: a concept in social theory in which the whole is greater than… Continue reading Individual Ideological & Philosophical Classification System
Asset-based capitalism
Asset prices are high across the board. Is it time to worry? As discussed in Late Stage Capitalism Part 1, perhaps people are becoming weary of the asset-based, winner-take-all system of capitalism we have presently, instead of the build-and-make version of capitalism that was present decades ago. With the exception of apps and other intangibles,… Continue reading Asset-based capitalism
Grey Notes: Liberal Hypocrisy
Liberals protesting imagined sexism in STEM (and James Demore is vilified for merely noticing gender differences), but covering up actual sexual abuse in Hollywood..not a surprise.
The revenge-of-the-nerds economy (in 18 charts)
If it seems like the less intelligent have gotten the shorter end of the stick in the post-2009 economic recovery, then your suspicions would be correct. So how is this the revenge-of-the-nerds economy? The wage disparity between college graduates (if we use college completion as a proxy for for having a high-IQ and for being… Continue reading The revenge-of-the-nerds economy (in 18 charts)
The Devil is in the Comments
On January 27, 2017, Trump signed Executive Order 13769, a.k.a. the “Muslim ban” as commonly referred to by the US media. When I awoke to the news on the 28th, it was absolute pandemonium. People were protesting at major airports such as LaGuardia, Newark, JFK, and Heathrow. Twitter was in a frenzy. Civil rights lawyers… Continue reading The Devil is in the Comments
Why the right gave up on the culture wars
Some way we’re living in a post-truth society, but I think it’s more like a post-values society. Values can transcend truths. Everything is flipped backwards: facts come before values, instead of decades ago when it was the other way around. Far-left liberalism is much more about a single-minded ideological conformity/purity than any sort of pursuit… Continue reading Why the right gave up on the culture wars
Why the Trump tax cuts will not be inflationary, Part 2:
Regarding the proposed Trump tax cuts, will they cause inflation, as everyone is predicting, or not? As I wrote many months ago, Peter Schiff Wrong as Always: How the Trump Tax Cuts may actually be Deflationary, I stand by my prediction that the Trump tax cuts, if implemented, will cause no meaningful inflation (as measured… Continue reading Why the Trump tax cuts will not be inflationary, Part 2:
The problem with white identity
Greg Johnson and others on the alt-right talk about the need or inevitability of ‘white identity’, but is white identity viable, or just wishful thinking? I want white identity to work, but I’m not so optimistic for the following reasons: 1. Who is white? Seems obvious enough, right…people who look white. But it’s not that… Continue reading The problem with white identity