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
Results for "web 2.0"
The End of History?
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?
Wealth, Intellectualism, and Individualism, Part 9
The 9th installment of the Wealth, Intellectualism, and Individualism serial. I eventually want to get this wrapped up. Part 1, part 2, part 3, part 4, part 5, part 6, part 7, part 8 The rise of intellectualism is also apparent in changing beauty standards and celebrity culture. For example, the permanent stardom of brunettes… Continue reading Wealth, Intellectualism, and Individualism, Part 9
The Economist becomes Woke about IQ
The Economist finally awakens to the reality and importance of IQ, in an article How and why to search for young Einsteins: New research suggests new ways to nurture gifted children The article went massively viral, getting hundreds of up-votes on major social news aggregation sites such as Hacker News and Reddit. This suggests there… Continue reading The Economist becomes Woke about IQ
The FTC investigation of Facebook, analysis
Facebook is reportedly under FTC investigation over its handling of user data Apparently Facebook helped itself to too much user data, evoking the ire of lawmakers and some of the public [which I will get to shortly]. My prediction is, this will blow over. The left is saying Facebook’s troubles could be the start of… Continue reading The FTC investigation of Facebook, analysis
Capital in the Twenty-First Century analysis
The main thesis of Capital in the Twenty-First Century by French economist Thomas Piketty is that wealth inequality arises from capital growing faster the economic growth, summarized succinctly by his famous equation r>g. Piketty bases his argument on a formula that relates the rate of return on capital (r) to economic growth (g), where r… Continue reading Capital in the Twenty-First Century analysis
The post-2009 bull market as restitution for the creative/productive class
The world’s 500 wealthiest people got $1 trillion richer in 2017 The high-IQ/HBD bull market is in overdrive mode, up over 4% in just the first two weeks of 2018, making this quite possibly the strongest start to the year in the history of the S&P 500. It’s going up 20+ points a day. At… Continue reading The post-2009 bull market as restitution for the creative/productive class
Predictions for 2018
Bitcoin & crypto currencies: have likely topped out. A $600 billion dollar market cap (Bitcoin + alt-coins) is just obscene, even for a someone such as myself who has been bullish on Bitcoin as early as 2013. A $300 billion market cap for Bitcoin is the size of a large tech company, which was the… Continue reading Predictions for 2018
Optimism or stagnation? A case for both.
Interesting podcast Ep. 282 – Tyler Cowen: What the Future Holds: Stagnation or Innovation? Both sides are correct. Tyler is right about complacency (although there has always been a complacent class), and James is right about how such complacency either is not a big deal and or that America is still innovative. I agree with… Continue reading Optimism or stagnation? A case for both.
Leninism, part 2
In Biological Leninism, in response to Spandrell’s eponymously titled epic post, I end by arguing that revolution is unlikely: This probably explains why there won’t be revolution/revolt in America, because although there is a lot of wealth inequality and dissatisfaction with the status quo, basic economic needs are still being met. But the point is,… Continue reading Leninism, part 2