In agreement with the post I made on Sunday afternoon, the market is not losing sleep over these overblown tariffs, even though the media cannot stop talking about it. Just more evidence the financial media is clueless and useless. This blog, which is run by one person, has a better track record and better advice… Continue reading Notes: tariffs=nothingburger
Those Overblown Trade Deals
‘Wrong’ to think Trump’s tariffs will ‘destroy jobs and raise prices’: Commerce chief My prediction is the Trump tariffs will have no meaningful impact on the economy, despite all the media hype. The tariffs are more of a symbolic gesture to drum-up support from the ‘base’, than a substantive act of economic reform. My heuristic… Continue reading Those Overblown Trade Deals
Technology and Job Loss: The Debate Continues
Over the past four years or so, there has been immense interest in the subject of technological unemployment, specifically, if technology will make jobs obsolete. The answer is obvious: technology destroys jobs; however, news jobs always being created. But will there ever come a time, that, thanks to technology, this balance of job destruction and… Continue reading Technology and Job Loss: The Debate Continues
Physical Removal
literal physical removal at UCLA: Please don't spread this video of a student being dragged away by cops as she accuses Steven Mnuchin of engaging in "the politics of fascism." Mnuchin asked UCLA not to post it. Thank you. pic.twitter.com/AynOpaoyKm — Steve Silberman (@stevesilberman) March 1, 2018 So how can a miniarchist government work? Hoppe… Continue reading Physical Removal
Kaczynski’s Philosophy
Kaczynski’s philosophy, along with elements of the far-left and the far-right, I think can best be summed up as anti-humanism. Humanists put the individual at the center of universe, whereas anti-humanists put either a more abstract idea in the middle, such as as god. But also, for the humanist, social problems can be solved through… Continue reading Kaczynski’s Philosophy
The running narrative
This article went viral on Hacker News: I have forgotten how to read This post is not about the content of the article itself but rather what its viralness signifies. The fact it went viral on Hacker News (abut also on Reddit) agrees with the earlier posts Time Management and The Celebration of the Mundane… Continue reading The running narrative
US Power Will Decline Under Trump, Says Futurist Who Predicted Soviet Collapse
US Power Will Decline Under Trump, Says Futurist Who Predicted Soviet Collapse Galtung has also accurately predicted the 1978 Iranian revolution; the Tiananmen Square uprising of 1989 in China; the economic crises of 1987, 2008 and 2011; and even the 9/11 attacks—among other events, according to the late Dietrich Fischer, academic director of the European… Continue reading US Power Will Decline Under Trump, Says Futurist Who Predicted Soviet Collapse
Jordan Peterson’s self-authoring program does not boost college GPAs: study & analysis
An NBER study Goal Setting, Academic Reminders, and College Success: A Large-Scale Field Experiment, which demonstrates that goal-setting programs do not boost college GPAs, went viral, having been shared and up-voted many times on Reddit. The paper was published in August 2017, but didn’t get attention until only a week ago. The abstract: This paper… Continue reading Jordan Peterson’s self-authoring program does not boost college GPAs: study & analysis
Tyranny and Guns
In the wake of Florida school shooting and the renewed debate on gun control, this 4chan post from 2017 went viral: Part 1, Part 2, Part 3 Even though I support the 2nd amendment, I’m skeptical that guns are a bulwark against tyranny. Gun ownership is an indispensable part of American history, but despite the… Continue reading Tyranny and Guns
A better investment than crypto currency: FNGU
Let’s face it…Bitcoin, as well as all crypto currencies, suck as an investment. Every time it looks like it is recovering, it drops $400-600+ for no reason: It goes up a lot for a brief period of time, a tiny number of people make money, and then it crashes and many more people lose money… Continue reading A better investment than crypto currency: FNGU