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In the smartist era, to be a STEM major is to be among the most important and respected people in the world, especially online where such individuals tend to be elevated to deity status. College graduates, particularly STEM graduates, haven’t experienced a decline in inflation adjusted income levels, unlike everyone else: Notice how those who… Continue reading More Good News For College Grads

The most succinct, clear summary of the differences between neo/classical liberalism and welfare liberalism is not found on an academic webpage or a political blog, but on yahoo.com of all places. This is so good, I copied the whole thing in case it gets deleted. Emphasis added in bold. Welfare and neo-classical liberalism are the… Continue reading The Differences Between Neo/Classical Liberalism and Welfare Liberalism

From Taki’s magazine Activists for a Stupider Tomorrow Some of themes of this article are: 1. credentialism 2. college becoming too expensive 3. college failing to teach useful skills 4. America being in decline 5. bad job market for college grads Regarding #1, #2 & #3, a college degree ‘signals’ to employers that the applicant… Continue reading College, The Economy, and America Being in Decline

From a discussion on Marginal Revolution: iSteve writes: The fundamental problem with the human sciences at present is that what is most replicable is that which is most forbidden to acknowledge: that what consistently matters, time and again, are genetic differences represented by race and sex. Everybody kind of deep down knows that’s true because… Continue reading The Uselessness of Pop Social Psychology

An interesting article from Barry about the folly of predicting: As we have detailed far too many times, people are terrible at making predictions. You draw conclusions from a single data point. You don’t know what the economy is going to do, or where interest rates are going… Predicting stuff isn’t that hard. A good… Continue reading The Daily View: Making Predictions, Bubbles, and Post Labor Society

As shown below, while jobs are being created, many of them are in the low paid service sector, but this doesn’t include ‘gigs’ on TaskRabbit or Craigslist, which typically pay even worse. Many people with college degrees hold jobs that a generation ago would have gone to high school dropouts. But those without a degree… Continue reading State of the Labor Market

A Pew study finds that there are fewer Americans who believe America stands apart from all other nations You cannot gauge America’s exceptionalism or lack thereof with a public sentiment poll. The data is more important and suggests that contrary to popular belief, America’s economic and foreign policy hegemony has only been strengthened in recent… Continue reading The Daily View: American Exceptionalism, Housing, Foreign Investors, and Selling at the Top

From Reddit: Older people of Reddit, what do you think is BETTER about today’s youth? Some of the replies that stood out: They are almost utterly immune to political TV and radio. This generation is less apt to accept the wisdom of their elders. In the past, anything published was assumed to have been vetted… Continue reading The Smartest Generation

On this 4th of July, lets not forget: As much as the left wants a ‘post-America’ world, the United States of America is well positioned to lead the global economy in the 21st century. A number of forces such as technological progress and consumer spending are supportive of the America’s continued strength. It is time… Continue reading What To Be Thankfull For On This 4th Of July

Stocks rally to new historic highs on the Hobby Lobby victory and a poll that says Obama worst president since WWII. Midterm losses for the dems is bullish for the economy, so stocks are rallying in anticipation of the republicans controlling the senate and picking up more seats in the house. The GOP has always… Continue reading Stocks Rally to New Highs as Obama Voted ‘Worst President Since WW2’