Vox Day and Scott Adams are close friends, so this video came as a surprise. Scott Adams has always been sorta a moderate. I don’t think he wants to sacrifice his lucrative cartooning gig to appease a fringe. He said that supporting Trump cost him a lot of income in terms of lost speaking gigs… Continue reading Vox Day vs. Scott Adams
Bullshit jobs
Bullshit jobs are a big problem, according to economist David Graeber: Graeber’s unique contribution is to tie these changes to human history, and to explain why, anthropologically, they may not be all that surprising. In an essay five years ago, he made the seemingly bizarre assertion that perhaps as many as 30 percent of all… Continue reading Bullshit jobs
Ben Shapiro – Is AMERICA on the BRINK of COLLAPSE? No
Even though many people on the far-right do not like Ben Shapiro, in this video he is right. There won’t be collapse, nor are we on the brink of civil war (as this blog correctly predicted in 2016). Guys like Vox Day and others who say that we’re living in ‘extraordinary times’ and or subscribe… Continue reading Ben Shapiro – Is AMERICA on the BRINK of COLLAPSE? No
Tesla Stock Surges on Earnings
Another correct prediction on this blog: Tesla stock surges 9% after hours on earnings. Tesla shares surge as upbeat Musk sees profitable second half Tesla shares soared as much as 11 percent in after-hours trading. The stock has been under pressure for some time as investors have worried about the cash the company was burning… Continue reading Tesla Stock Surges on Earnings
Crazy idea: should the US Govt. buyout Microsoft?
A couple days ago Scott Adams did a Periscope in which he endorsed a universal single payer plan. If Scott, who is respected among the ‘right’, can get away with left-wing ideas and still be respected, why can’t I. Here is my crazy left-wing idea. Most people when they think of nationalization, they think of… Continue reading Crazy idea: should the US Govt. buyout Microsoft?
Jordan Peterson Truth-bombs Everyone about IQ
Jordan Peterson is mostly right: According to the video, the harsh reality is that 10% of the general population is not smart enough to contribute to the economy in any meaningful way. This is also congruent to the data that shows that 20% (corresponding to an IQ below 87) of the country has a negative… Continue reading Jordan Peterson Truth-bombs Everyone about IQ
Meme propagation process
Changes in public sentiment don’t arise exnihilo. Rather, there is a multi-step process by which public opinion evolves and forms, through what I call the meme propagation process. When I talk about the ‘high-IQ left’ and the ‘high-IQ right,’ these are the progenitors and propagators of this process. Smarter people tend to have more money… Continue reading Meme propagation process
Optimism and The_Donald
The left (but also some on the ‘right’) is celebrating Facebook stock plunging 20% yesterday on ‘weak’ earnings (weak as in not meeting the impossibly high estimates set by Wall St. analysts). Facebook stock is still a fist-pounding buy and will make new highs soon, just as I was right about the S&P 500 making… Continue reading Optimism and The_Donald
Winner-take-all economics
This article is going slightly viral: Talent Effects and Inequality It’s as if he just discovered the Matthew effect. People who are rich and successful tend to become richer and more successful. For example, Jordan Peterson and Ben Shapiro, both of whom have seen their popularity surge in 2018, even after large gains in 2017.… Continue reading Winner-take-all economics
The Wealth Inequality Debate: Why Wealth Redistribution is Not the Answer
In these online discussions about wealth inequality, a solution that frequently comes up is wealth redistribution. A utilitarian argument is often invoked that if the wealth of the very top were spread among many people, there would be ‘more good’. It’s pretty easy to demonstrate why this argument fails. As discussed in Elon Musk Schools… Continue reading The Wealth Inequality Debate: Why Wealth Redistribution is Not the Answer