There has been a lot of discussion about Peter Thiel in light of his speech at the RNC. This tweet about Thiel possibly being an ally of ‘neoreaction’ (NRX) also went slightly viral: Why @peterthiel's endorsement of Trump actually makes perfect sense: pic.twitter.com/qd7z8CZufW — Samuel Hammond (@hamandcheese) July 22, 2016 Thiel’s popularity could be part… Continue reading Peter Thiel
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How it’s Possible for the US Economy to Be Strong Even if Many are Not Fully Participating
Republicans Need To Chill: Life In The United States Is Really Good On A Historical Perspective With the exception of his obvious partisan jab against republicans, he’s right about the economy and America, but with some caveats. It’s worth keeping in mind that, until 2008 or so, the GOP was the party of economic optimism… Continue reading How it’s Possible for the US Economy to Be Strong Even if Many are Not Fully Participating
Ross Douthat Having a Meltdown on Twitter
Ross Douthat is having a pubic meltdown over Trump, frenetically posting dozens of tweets in the span of just 24 hours…in 2008, it was ‘Palin derangement syndrome’ for the ‘left’…now it’s ‘Trump derangement syndrome’ for some of the ‘right’. Here are some of them: Y'all miss the old theocratic GOP of 2004 yet? — Ross… Continue reading Ross Douthat Having a Meltdown on Twitter
Artificial Intelligence…or Just Software?
AI holds a lot of promise, that may never be realized or live up to its hype. And then there is always the demarcation problem of what separates an actual intelligence from merely an advanced software program (Chinese Room thought experiment). A lot of things that may be classified as AI are merely productivity-enhancing software.… Continue reading Artificial Intelligence…or Just Software?
Reign of Terror Begins: Twitter Bans Milo
Twitter Bars Milo Yiannopoulos in Wake of Leslie Jones’s Reports of Abuse This is unprecedented because it’s the first time Twitter has banned the account of a major public figure for alleged ‘TOS violations’. Usually it’s ‘one strike and you’re out’ for accounts with fewer than 10,000 followers, whereas much bigger accounts have a lot… Continue reading Reign of Terror Begins: Twitter Bans Milo
Post-2008 Wealth Creation: A Guide, Part 4
This is the penultimate installment of the post-2008 wealth creation guide. In part three, I discussed shorting inverse leveraged funds like SPXU and SPXS, which are 3x inverse versions of the S&P 500. As of 7/20/2016, SPXU is trading at 23.50. Shorting $10,000 worth would require shorting 425 shares. If it drops 20% to $18.8,… Continue reading Post-2008 Wealth Creation: A Guide, Part 4
Robert Shiller…Wrong About Real Estate
Whether it’s Joseph Stiglitz, Paul Krugman, Daniel Kahneman, or Obama (the Nobel committee took a huge dent in credibility after that), even Nobel laureates are not beyond reproach. Now it’s Robert Shiller, another liberal Noble Prize recipient who has been wrong about wealth inequality and other matters, writing in the New York Times: Why Land… Continue reading Robert Shiller…Wrong About Real Estate
Malcolm Gladwell – Bait and Switch
Don’t bother me with the details, man, I’m just telling stories It’s understandable why Malcolm Gladwell has kept a low profile in recent years, giving fewer talks and writing fewer columns and books. After a lucrative career as a public pseudo-intellectual spanning 15 long years – beginning in 2000 with his best-seller The Tipping Point… Continue reading Malcolm Gladwell – Bait and Switch
The Trajectory of America
From Social Matter: SWPLs, Amerikaners, The Alt-Right, And The Coming State This passage stood out: The system is decaying and unsustainable. It is increasingly liquidating a limited pool of capital to keep the economic charade going, while all the real productivity, and the culture of hardworking self-reliance that goes with it, goes overseas. See one… Continue reading The Trajectory of America
Liberal Smugness, or Something Else
The smug style in American liberalism Beginning in the middle of the 20th century, the working class, once the core of the coalition, began abandoning the Democratic Party. In 1948, in the immediate wake of Franklin Roosevelt, 66 percent of manual laborers voted for Democrats, along with 60 percent of farmers. In 1964, it was… Continue reading Liberal Smugness, or Something Else