Dr. Jordan Peterson recently tweeted: Inequality is built into life. This might be neither good nor fair, but one thing is certain: it cannot justly be blamed on capitalism, patriarchy or the west. Some thoughts on the Gini coefficient: https://t.co/5RdMQNLb4Z — Jordan B Peterson (@jordanbpeterson)…
An overused phrase is “the only constant is change,” (a second variant is “change is the only constant”) attributed originally to Heraclitus, a Greek philosopher. Yet the evidence suggests things seldom, if ever, change. Yeah, over sufficiently long periods of time (like thousands of years),…
The financial media was predicting the end of capitalism, the demise of America, etc. I remember it as a great buying opportunity, and in retrospect, despite their unpopularity, the bailouts were a success. The S&P 500 peaked at 1560 in 2007. Now, just 11 years…
It’s amazing how everyone knows about Griggs v. Duke Power. It comes up frequently in online discussion despite being a topic that is not taught in college unless you are studying employment law, yet everyone seems to know about it, even on Reddit subs that…
Economists are at it again predicting doom and gloom from Trump’s latest round of tariffs: Trump’s latest tariffs are about to hit you where it really hurts However the stock market isn’t losing sleep, and the S&P 500 up around 1% since the tariffs were…
Alex Garland’s cult novel The Beach, 20 years on This story went viral, but also interestingly it went viral on Hacker News, a site that is heavily focused on topics pertaining to STEM, with a lot of praise for the book and nostalgia for the…
Jonathan Haidt has a new book out, the hugely anticipated The Coddling of the American Mind: How Good Intentions and Bad Ideas Are Setting Up a Generation for Failure, with co-author Greg Lukianoff. On Reddit and related communities, a lot people are talking about this…
Vox Day may be a genius at many things, but I think he’s wrong regarding the post Darkstream: Trade war is good for the U.S. economy, in which he writes: Instead what happened is what anti-free trade people like myself predicted would happen, and what…
I’ve written extensively about Elon Musk and Tesla, mostly regarding Tesla’s financials, and how, contrary to the doom and gloom by the media, Tesla is not at risk of bankruptcy and predicting that the stock will do well. Although I’m not usually one to entertain…
Trump set to press ahead new tariffs on $200 billion worth of Chinese goods despite talks The Journal’s report dovetailed with a report from Bloomberg on Friday, in which the president is said to have directed his aides to proceed with plans to hit China’s…