Today’s viral article is The New 30-Something. The article went viral because it contains two of the three elements of the wealth-individualism-intellectualism trinity, those being wealth and individualism. All over Reddit, over the past four or so years, especially since the election of Trump, there as has been a ton of interest in personal finance,… Continue reading The New 30-Something
Men not working
This article wet viral Where Have All the Men Without College Degrees Gone? Everyone wants to know where the missing men are. The answer is obvious: they are dropping out, as part of the gradual transition to a post-scarcity society in which there is enough for everyone, but a smaller percentage of the population owns… Continue reading Men not working
Not worried about socialism (even though the media keeps talking about it)
Douthat brings up socialism: The Democrats Have a Culture Problem Now that energy has transformed Democratic politics. We have a swelling Democratic 2020 field in which a capital-S Socialist is arguably the front-runner, most of the declared candidates are offering maximal ideological ambition, and the last Democratic vice president is hesitating to run in part… Continue reading Not worried about socialism (even though the media keeps talking about it)
Taleb: Dr. Peterson is a charlatan
Nassim Tooleb reveals himself to be a liberal by calling Dr. Peterson a charlatan: [I don’t pay that much attention no Taleb, but I saw several people talking about this, and it finally confirms Taleb’s ill-will towards Dr. Peterson] Put me on the record: Jordan Peterson @jordanbpeterson is a charlatan. https://t.co/t7FWVThsvM — Nassim Nicholas Taleb… Continue reading Taleb: Dr. Peterson is a charlatan
No trade war
From BBC Trump dealt blow as US trade deficit jumps This was a no-brainer, but I’ll take credit for it anyway. A year ago when Trump announced his tariffs, in March 2018 I predicted that there would be no trade war and no meaningful uptick in inflation, and was right right on both counts. The… Continue reading No trade war
How systems can beat efficient markets
It’s a common misconception that markets and market trends cannot be predicted. The usual response is “markets are efficient, random, and everything is discounted” and that there therefore the past is of no use for predicting the future. But as I discuss in my rationalism and predicting series, this is not always true: A systems-based… Continue reading How systems can beat efficient markets
Jordan Peterson is Not a Covert Marxist (response to Milo)
Vox Day put up a 2-hour audio sample of his book Jordanetics. Milo, who wrote the forward, claims that Dr. Peterson is a covert Marxist (starts at around 9:30). Because Dr. Peterson rejects the oppressor-oppressed narrative (his talks stress the importance and inevitably of what he calls ‘hierarchies of competence’), which is one of the… Continue reading Jordan Peterson is Not a Covert Marxist (response to Milo)
The end of liberal democracy and the American hegemony? hardly
From Unz: Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony This break has been building for quite some time, and was bound to occur. But who would have thought that Donald Trump would become the catalytic agent? No left-wing party, no socialist, anarchist or foreign nationalist leader anywhere in the world could have achieved what… Continue reading The end of liberal democracy and the American hegemony? hardly
Why America is So Economically Productive
Arnold responds to Scott’s post on the productivity gap, writing: He makes a valiant effort to summarize and assess the economic literature. But this is where orthodox economics is hopeless. Productivity by definition is output divided by the amount of labor input. Let me make three points: 1. You can’t measure the numerator… Continue reading Why America is So Economically Productive
The Declining Relevance of Conservatism
NRO (National Review Online) is a zombie publication, that, like AOL, is sustained by subscribers who forgot to cancel their subscriptions. I have never seen anyone, on twitter or elsewhere, link to or speak favorably of an NRO article. NRO’s relevance peaked during the Bush years in 2004, began its decline after the death of… Continue reading The Declining Relevance of Conservatism