Scott recently published a 2-part series on Thomas Piketty’s Capital in the 21st Century: BOOK REVIEW: CAPITAL IN THE TWENTY-FIRST CENTURY (he also wrote two follow-up posts) When one includes the thee posts but also all the comments on Scott’s blog and on Reddit, that is a considerable amount of reading. By my estimate, over… Continue reading Thomas Piketty Analysis, and the US Economy
The news cycle has been pretty slow as of late. Although there is a lot of stuff going on, it falls under the predictable/ongoing quadrant, than being surprising or unexpected. It’s not like “OMG..this is totally unexpected!” There’s gonna be more immigration, like it or not. The people who are in charge are powerless to… Continue reading Trump, threats, & the news cycle
here is the video clip or Jordan Peterson: From The Weekly Standard: What Jordan Peterson Doesn’t Understand About Religion and Free Speech Recently, Jordan Peterson was interviewed by Australian comedian Jim Jeffries’s show on Comedy Central. The interview did not go particularly well for Peterson, who, among other things, has had a meteoric rise as… Continue reading Dr. Peterson vs. Jim Jeffries Interview
I was also correct about Trump not being impeached. So far, 18 months in Trump’s presidency, impeachment efforts have not just stalled–they are nonexistent. The left was sure that by now there would be a case against Trump or at least some tentative impeachment proceedings, but so far nothing has happened. The Muller investigation, as… Continue reading Trump: he’s still in office as impeachment hopes evaporate
Bitcoin resumes its plunge, falling from 6700 to 6400 (now at 5900). A week ago everyone was ecstatic on Twitter that Bitcoin was coming back, only to watch the gains evaporate in the span of just 20 minutes. There are all these idiot Bitcoin daytraders on Twitter, and you can be sure none of them… Continue reading Bitcoin plunges below 6,000
Sentiment = feels. Action=change. Which of these two do you think is more substantive. The immigration bill is not really a win for Trump, and such enthusiasm is like putting lipstick on a pig. If the bill fails, then the left wins by default and things remain unchanged, unless the bill can be salvaged later.… Continue reading Trump’s immigration bill
Contrary the popular belief that US education system is designed to mold workers, this is possibly wrong for the following reasons. Schools and the workplace couldn’t be more distinct, so I dunno how the former is supposed to be a facsimile or preparation for the latter: Schools are purely meritocratic in which one’s success is… Continue reading Education and workers, part 2
NEWS & POLITICS Our Public Schools Are Churning Out Drones for the Corporate State ‘Schools create obedient workers’ (82 Posts) Think You Know Why Compulsory School Exists? Think Again. Do you think public schools in your country are designed to make kids docile, obedient workers for the upper class? A common narrative is that America’s… Continue reading Is the U.S. Education System Designed to Create Obedient Workers?
Finally, there is the intersection of these pillars. Elsewhere, if it’s not internet and social media fame, high-IQ people are making all the money in the post-2008 economy, whether through stocks, high-paying and prestigious jobs, real estate, entrepreneurship, or venture capitalism. And whether it’s the latest product from Tesla or the latest particle discovery in… Continue reading Wealth, Intellectualism, and Individualism, Part 14: the trinity
A research report, Hallmark of an Economic Ponzi Scheme, by John P. Hussman, Ph.D., is going viral. Even Wiki, which is supposed to be impartial, does not paint a flattering picture: John Hussman (born October 15, 1962) is a stock market analyst and mutual fund owner. He is known[by whom?] for his criticism of the… Continue reading A we in an Economic Ponzi Scheme?