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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?

I’m sure many have read Scott’s famous ‘fish filter’ parable, as an example of a coordination problem and how cooperation is better than individualistic self-interest (as detailed in MEDITATIONS ON MOLOCH and the THE NON-LIBERTARIAN FAQ). The problem is this contrived example fall apart when more realistic conditions are imposed. In real life, there would… Continue reading Fish Farm Economies

It’s been a huge past few weeks for Trump: 1. Trump’s pardoning of Dinesh D’Souza, who convicted over some trivial matter, has received widespread support among his party. Many agree his conviction was motivated by politics than any serious wrongdoing. 2. Trump granting clemency to Alice Marie Johnson will help the ‘right’ win the black… Continue reading Trump and Kim Meeting: Another Correct Prediction

As Bitcoin plunges below $7,000 (at $6,800 as of writing this), it looks like I was right yet again in predicting lower prices for Bitcoin. One can just look through the blog post history to see that have I been telling people to sell since January when it was at $15,000. This was after telling… Continue reading The Great Bitcoin Wealth Transfer

Excellent article by Free Northerner The High-IQ Homo Economicus This is one off those articles that everyone-both the high-IQ right and high-IQ left–can relate to, as an example of a shared narrative and as part of the ‘great debate’ raging online about economics. Although Free Northerner is of the ‘right’ and the article is intended… Continue reading The High-IQ Homo Economicus

The usual suspects are at it again predicting crisis: Tariff increases could bring us back to 2008 crisis levels, World Bank warns World Bank: Trade disputes threaten global economic growth World Bank warns trade tensions could cause 2008-level crisis These are the same people who in 2016 predicted recession and crisis if Trump won. Now,… Continue reading The usual suspects are at it again predicting crisis

Bryan Caplan’s ‘The Case Against Education’ — A Review Dr. Caplan is not saying that college isn’t worth it–rather, it’s worth it for all the wrong reasons. From Arnold Kling: Student debt and inequality: You can inherit from your parents: genes; social norms (coming from them and also from the peers with which they surround… Continue reading The college debate, continued

I’m generally a fan of Quillette, but a recent article The RedState Firings and the Decline of Viewpoint Diversity on the Right gets some things wrong. The firing of ten anti-Trump Red State writers and its editor-in-chief, Caleb Howe, is not a free speech or ideological diversity issue, but rather a business one. It’s categorically… Continue reading Redstate.com firing of anti-Trump writers is not a free speech issue

This aticle went viral a few days ago THE CRYSTAL BALL The Official Future Is Dead! Long Live the Official Future! Pundits keep pushing this narrative that society and politics has changed radically under Trump and or that Trump’s win is symbolic of such change; I am of one of maybe eight or so people… Continue reading The End of History?