The market’s reaction to the spread of the virus is worse than I expected. The S&P 500 plunged 7% on Monday, in addition to large loses on last Friday and Thursday. It is now 18% off the highs. At once point overnight on Monday it was down 20%. The last time it fell this much… Continue reading I agree with Elon: Virus panic is dumb
Regulation without government
It’s not so much that libertarianism is about unilaterally abolishing the government and letting companies and individuals do whatever they they so please, but rather it’s more like a conceptual framework for resolving disagreement and conflict when economic agents are either unable to choose not to avail themselves to the government or some other regulatory… Continue reading Regulation without government
The coronavirus has divided the right
Lion and Jim are in agreement that the Coronavirus is a very serious problem. Of course, it is serious, but they are subscribing to the claim purported by experts that the morality rate is 2-4% and that it will kill millions of people unless drastic action is taken such as mass quarantines. Looking though the… Continue reading The coronavirus has divided the right
Is the Coronavirus a Once-In-A-Century Pathogen? Likely not
From quillette Dealing With a Once-In-A-Century Pathogen In 2018, Gates made another warning. Noting that people can now travel across the globe in a matter of hours, he said that a pathogen similar to SARS could kill 30 million people in six months. A new pathogen has now emerged. Coronavirus disease 2019 (COVID-19) was… Continue reading Is the Coronavirus a Once-In-A-Century Pathogen? Likely not
The left’s only hope
In regard to Super Tuesday, If I had to wager, Trump will likely be reelected regardless of who the nominee is, but I cannot put a specific probability on it. I cannot say it will be a blowout. It could be like 2016 in which Trump wins the electoral college but loses the popular vote.… Continue reading The left’s only hope
Like it or not, civic nationalism has worked
From Vox Day’s blog Extremists vs moderates The reality is that every successful movement requires both its extremists and its moderates. See Sinn Fein and the Irish Republican Army, or the Palestine Zionist Executive and the Irgun. In this case, the core problem that the moderates face is that no matter how flawless their optics… Continue reading Like it or not, civic nationalism has worked
Not worried about coronavirus
People are collectively losing their minds over the coronavirus. The S&P 500 had its worst week since the 2008 financial crisis, falling 10%. Many reputable sources have resigned themselves to believing that the coronavirus will inevitably get worse. I’ve heard some sources say that all countries and everyone will be infected, so all 8 billion… Continue reading Not worried about coronavirus
Liberalism, liberal democracy not in retreat
From Quillette Don’t Blame Neoliberalism for ‘Postmodern Conservatism’ The premise of the article is wrong. For the past few years, since Brexit and the election of Trump, liberals have been pushing this narrative that liberal democracy is in retreat, dying, in decline, etc. The evidence suggests liberal democracy is not in decline, but rather (as… Continue reading Liberalism, liberal democracy not in retreat
Speaking too soon again
From Vox Day’s blog A reckoning is here Once again, Vox is predicting crisis and reckoning where none exists. He predicted in 2018-2019 that there would be arrests and that the dems are in ‘full panic’ mode due to Trump purportedly draining the swamp. As it turned out, there were major arrests, those being Roger… Continue reading Speaking too soon again
Political Forecasts/Predictions are Worthless
The 2020 Real Clear Politics Democratic nominee odds confirm what I have suspected for awhile: that political predictions are worthless: Having been wrong about Trump being impeached, I have stopped making political predictions/forecasts in regard things in which there is voting involved. It’s easy to forecast a general trend, but much harder to forecast discrete… Continue reading Political Forecasts/Predictions are Worthless