Item #1: Trump, Who Has Amassed Enormous Wealth in Crypto, Hosts Industry Leaders. Bitcoin recovered from around $63,000 to $77,000 on renewed optimism about the Clarity Act. Or for no reason at all. It doesn’t matter. The gains will not hold. Nothing changed between now and 3 weeks ago. The media keep pushing this narrative… Continue reading The daily view: 8/31/2026: Bitcoin recovery, Pangram, Polymarkat & Iran, and elite colleges
Month: August 2026
Tax windfalls are not wealth: debunking a myth
There was hardly any enthusiasm online, even by right-wing accounts I follow, about the Canadian tariffs. Tariffs were tried in 2025, and it’s clear they failed on all counts: they didn’t create jobs, but at the same time, they created significant disruptions for small businesses. Large businesses such as Walmart and Target have enough pricing… Continue reading Tax windfalls are not wealth: debunking a myth
Richard Hanania and the Myth of the Inevitable Debt Crisis
Richard Hanania is usually on the mark, but misfires in his recent post, “Why Socialism Isn’t Coming to America.” Beneath the paywall, he parrots tired arguments about the national debt and spending: “We’re already running a $1.9 trillion deficit. In other words, we have less money coming in than going out, and the problem is… Continue reading Richard Hanania and the Myth of the Inevitable Debt Crisis
Andrew Tate’s sports cars are rented–so what?
I saw this going viral, “Andrew Tate exaggerates and did not own supercars in photos, his lawyers say.” This is the biggest nothing-burger ever. The media are so desperate to paint him as bankrupt or his success as illusory. The envy couldn’t be more obvious in the coverage. I correctly predicted in 2022 in the… Continue reading Andrew Tate’s sports cars are rented–so what?
AI-assisted writing is common because writing is hard
A week ago it came to light that UC Berkeley math professor Zvezdelina Stankova, who went viral in an August 15th essay deploring the poor preparedness of some of her students, actually used AI for her essay. The article was flagged by the AI detector Pangram as 33% AI-generated or AI-assisted writing. A similar result… Continue reading AI-assisted writing is common because writing is hard
There Is No AI Math Crisis
“Mathematicians have to grapple with being replaced by AI.” This has become a constant refrain among the media and concerned mathematicians alike. For example, the article “THE CRISIS OF AI-GENERATED MATHEMATICS” (all caps) went viral, as further evidence of how we’re living in an “everything crisis.” Even arXiv, once known only for scientific preprints, has… Continue reading There Is No AI Math Crisis
It’s time to quit the “war on cancer”
Todays big story, from Time, “Promising Results for mRNA Cancer Vaccine from Moderna and Merck:” In a release, the two companies report that people with melanoma who received intismeran, jointly developed by Moderna and Merck, and Merck’s pembrolizumab (Keytruda), lived longer without any recurrence of their cancer, as well as had fewer incidences of their… Continue reading It’s time to quit the “war on cancer”
AI-generated writing: it’s still bad
I saw this going viral, “AI;DR (AI; Didn’t Read):” I’ve been thinking about it ever since. Why? Because there is growing grumbling among everyone about AI writing. And it’s not just others; it’s me! I am getting to the point where I physically flinch (sometimes dropping my shoulders and hunching, or having a slight eye… Continue reading AI-generated writing: it’s still bad
Maybe Dieting Fails Because Humans Need Fewer Calories Than We Think
The idea of “low-hanging fruit” describes something which may be obvious in hindsight which anyone could have discovered, or at least was easier than assumed, but for whatever reason no one noticed until it was pointed out. This elicits the reaction, “Oh…why didn’t I think of that?” Or in mathematics, the recent wave of AI-generated… Continue reading Maybe Dieting Fails Because Humans Need Fewer Calories Than We Think
There is no mainstream or alternative: it’s all just “content”
A day does not go by without “doom porn” about unaffordability, AI, or other issues. Just having asocial media account and following some popular accounts means you will be exposed to it, either in the feed directly, retweeted, or via “suggested/recommended content”. One can of course choose to abstain from social media, but it’s not… Continue reading There is no mainstream or alternative: it’s all just “content”