Universal Healthcare Not So Great

Modern, timely healthcare is expensive. Despite what you may read about the virtues of universal healthcare, there are caveats such as long waiting times and poor quality treatment. Cancer survival rates are lower in countries with universal healthcare than in America. Many times, people in countries with universal healthcare will opt for private treatment if… Continue reading Universal Healthcare Not So Great

Beyond the Blank Slate: How Libs Turn High-IQ Into a Handicap

With the exception of homosexuality, many on the left adopt a ‘blank slate’ approach to human biology in that upon conception, all individuals have the same potential and that socioeconomic outcomes and cognitive ability are influenced heavily by environmental factors. Therefore, it’s the job of a paternalistic society to ‘program’ these ‘blank slates’ in much… Continue reading Beyond the Blank Slate: How Libs Turn High-IQ Into a Handicap

Taxes, Debt, and QE

Megan Ardle writes And as I’ve argued before, deficit-financed government spending is a tax hike. It may not seem like one, but over the long run, that debt has to be paid, one way or another. And the way it will be paid is with tax dollars. Even though I agree with most of what… Continue reading Taxes, Debt, and QE

Most Financial Analysis is Crap

Like the news, most of what is passes for financial advice/analysis is just noise and should be ignored. This is no exception: Comment: The small correction off the overbought high levels was expected and the question is whether it will develop into a short-term correction. The recent massive redemptions in hedge funds are alarming. Recall… Continue reading Most Financial Analysis is Crap

American Exceptionalism & The State of the Labor Market

As Americans gripe about the weak labor market, ‘America being in decline’, and wealth inequality, foreigners cannot get enough of America: How and why buyers from China are snatching up Bay Area homes http://t.co/gZqpLkTpJW — Dali L. Yang (@Dali_Yang) November 30, 2014 Libs awaiting the next financial crisis that will never come: Plight of the… Continue reading American Exceptionalism & The State of the Labor Market

Things That I Am Thankful For

He is right: A world awash in capital with nowhere to put it. The stage being set for the next 30 years of economic development is utterly fascinating. — Marc Andreessen (@pmarca) November 27, 2014 The world is awash with liquidity that is flowing into stocks and keeping keeping treasury yields low. Smart people are… Continue reading Things That I Am Thankful For