I am somewhat skeptical that academia is as liberal as it’s commonly purported to be. Capitalism is much more inclusive compared to the insularity of academia. This possibly makes capitalism more liberal than academia, which is more like a priesthood, if liberalism is defined as openness and inclusivity. Business is about making one’s product accessible… Continue reading Why capitalism and business is possibly more liberal than academia

Who are the elite? What are elite-level jobs and college degrees? I think the key criteria are: -Visibility and influence on policy and or discourse -High pay, but also playing an important role at large, highly-visible companies, with opportunities for promotion -Connections, networking So being a doctor or a specialist, despite the good pay, is… Continue reading Who are the elite, and why elite overproduction is not a problem

Talab tweeted this: The disease of the 20th C. is utopianism, that of the 21st is hypernaive utopianism: Libertarianism, Wokism, Cryptoism, Techno-salvationism etc. are identical in spirit to Communism. #Antifragile, a Burkian antiutopian manifesto is used by bitdiots to justify crypto-utopianism. — Nassim Nicholas Taleb (@nntaleb) July 3, 2022 One of these is distinctly unlike… Continue reading Taleb is woke

One of the major problems with the financial media is not that it’s inaccurate per say (or so-called ‘fake news’), but it’s a combination sensationalism and data being taken out of context. The reporting of the data is the bigger problem than the data itself. I’ll give two examples. It’s all over the news that… Continue reading Sensationalism and misleading/confusing headlines in the financial media

Amazing how much health insurance stocks have gone up over the past decade. Humana stock for example: We don’t have healthcare in America, it’s more like sick care. Healthcare implies that people are getting better, but no one is getting better. No one is being cured, just having symptoms managed. Hundreds of billions, possibly as… Continue reading Nothing about America’s Healthcare System Makes Sense

If having a syringe, an LBGT flag, a BLM fist, and or Ukraine flag in your Twitter handle signifies support for ‘the current thing’, then having #bitcoin hashtag in your profile description and or having an NFT-themed avatar, signifies being an idiot who has lost or will lose a lot of money. Here’s one such… Continue reading ‘Professional Morons’

Scott Aaronson weighs in on the overturning of Roe v. Wade : In 1973, the US Supreme Court enshrined the right to abortion—considered by me and ~95% of everyone I know to be a basic pillar of modernity—in such a way that the right could be overturned only if its opponents could somehow gain permanent… Continue reading The abortion debate continued: Roe v. Wade Overturned, and Abortion and Eugenics

I saw this The Rise of the Internet’s Creative Middle Class This passage regarding the show “Breaking Points” stood out: Ball and Enjeti are not immensely popular influencers earning many millions of dollars from a vast audience of followers. But they’re also not toiling away on a show that’s effectively a nonprofitable side hustle. They… Continue reading ‘1,000 True Fans’, ‘Long Tail’, ‘Grit’, and other popular bullshit

From Tablet Magazine The Red-Pill Prince Power, according to Yarvin, is like computer code, binary. It is either on or off; final and absolute, or merely a glorified form of servitude. Even the tech giants, which he considers the only efficient organizations left in the United States, are powerless. Facebook may be able to ban… Continue reading The deconsolidation of power

According to Tech Crunch, Substack is worth at least $650 million and possibly as much as $1 billion. Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, The New York Times is reporting today. According to its sources, Substack… Continue reading Substack worth $1 billion? Likely not