As Bitcoin plunges below $7,000 (at $6,800 as of writing this), it looks like I was right yet again in predicting lower prices for Bitcoin. One can just look through the blog post history to see that have I been telling people to sell since January when it was at $15,000. This was after telling… Continue reading The Great Bitcoin Wealth Transfer

Excellent article by Free Northerner The High-IQ Homo Economicus This is one off those articles that everyone-both the high-IQ right and high-IQ left–can relate to, as an example of a shared narrative and as part of the ‘great debate’ raging online about economics. Although Free Northerner is of the ‘right’ and the article is intended… Continue reading The High-IQ Homo Economicus

The usual suspects are at it again predicting crisis: Tariff increases could bring us back to 2008 crisis levels, World Bank warns World Bank: Trade disputes threaten global economic growth World Bank warns trade tensions could cause 2008-level crisis These are the same people who in 2016 predicted recession and crisis if Trump won. Now,… Continue reading The usual suspects are at it again predicting crisis

Bryan Caplan’s ‘The Case Against Education’ — A Review Dr. Caplan is not saying that college isn’t worth it–rather, it’s worth it for all the wrong reasons. From Arnold Kling: Student debt and inequality: You can inherit from your parents: genes; social norms (coming from them and also from the peers with which they surround… Continue reading The college debate, continued

I’m generally a fan of Quillette, but a recent article The RedState Firings and the Decline of Viewpoint Diversity on the Right gets some things wrong. The firing of ten anti-Trump Red State writers and its editor-in-chief, Caleb Howe, is not a free speech or ideological diversity issue, but rather a business one. It’s categorically… Continue reading Redstate.com firing of anti-Trump writers is not a free speech issue

This aticle went viral a few days ago THE CRYSTAL BALL The Official Future Is Dead! Long Live the Official Future! Pundits keep pushing this narrative that society and politics has changed radically under Trump and or that Trump’s win is symbolic of such change; I am of one of maybe eight or so people… Continue reading The End of History?

The low/average-IQ people who lost their jobs in the 2007-2009 recession are often the least intellectually capable of being successful on their own. Its not like people of middling intelligence can suddenly become coders, nor can everyone be an Uber driver (and the pay is not that great). This ties in to the post-scarcity/basic income/automation… Continue reading Wealth, Intellectualism, and Individualism, Part 13

In a rare misstep, Scott Adams is off the mark regarding Roseanne Barr and the the-called ‘Ambien defense’. ` To recap, Roseanne Barr made a distasteful Tweet, which resulted in ABC canceling her hit TY show. She backtracked, deleting the tweet, apologizing, and blaming it on Ambien. Ambien maker Sanofi, on Twitter, retorts “racism is… Continue reading Roseanne Barr and the Ambien defense

Even I’m kinda amazed by the amount of attention the Intellectual Dark Web (IDW) has gotten. I knew when I first covered it a month ago, it was not one of those things that was going to just go away. People are fascinated, intrigued that this small group of intellectuals and pundits is so influential… Continue reading Intellectual Dark Web (IDW) , part 2

From Mark Manson 6 THINGS PEOPLE SHOULD GIVE FEWER FUCKS ABOUT I think the most contentious position one can have in the US right now is that Trump isn’t really that big of a deal. That’s because most people on the left think he’s the second coming of Hitler/Stalin/Satan/Apollo Creed and is going to start… Continue reading Notes on Trump and Policy