Typically, the way you get less of a certain behavior is to disincentive it. This can mean social pressures, deterrence in the case of prison, or economic penalties. As I explained in a 2024 post, I posit careerism is the leading cause of delayed family formation in the US and likely other developed countries. The… Continue reading Blame lucrative white-collar jobs for delayed family formation
Month: February 2025
It’s not Dead Internet Theory. It’s more like Dumb Internet Theory
Eternal September describes how in 1993 when Usenet forums became added to AOL there was a perceived sudden dumbing-down or reduction of quality of discourse due to the floodgates being opened to a larger, less internet-savvy audience. I think the same is seen regarding so-called ‘dead internet theory’–it’s not that AI or bots have replaced… Continue reading It’s not Dead Internet Theory. It’s more like Dumb Internet Theory
How I Knew there Would be No Reserve + Bonus Math Problem
How did I know Trump would waffle on the reserve when everyone else was certain it would happen, only to be wrong? From my Jan 7th post a month ago, I observed that Trump hadn’t actually spoken or tweeted about the reserve, or about crypto at all. This was a negative development unbeknownst to everyone… Continue reading How I Knew there Would be No Reserve + Bonus Math Problem
Trump Tariffs a ‘nothing burger’
The big story this weekend are the Trump tariffs. As to be expected the sensationist media is predicting the typical doom and gloom. Similar to Trump’s first tariffs during 2017, I am predicting these latest tariffs will only have a limited negative effect on the stock market, the overall US economy, or on inflation. Any… Continue reading Trump Tariffs a ‘nothing burger’
Bitcoin weak again as I am right
I am net bearish on Bitcoin and using it as a hedge against my leveraged tech portfolio. This method has done great since late 2022 even though the price of Bitcoin has appreciated considerably. Shorting bitcoin also worked great as a hedge last Friday when it fell from $104k to $102k in a flat overall… Continue reading Bitcoin weak again as I am right