Abstract mathematics, theoretical physics, computer science, and quantitative finance, all of which compose the constellation called ‘STEM’- is cachet of ‘nobility’ in the post-2008 economy, the new ‘cool’ among millions of millennials who aspire for prestigious careers that involve wealth or intellectual recognition, preferably both, as embodied by the likes of Musk, Thiel, and Zuck.… Continue reading The Rise of STEM: Wealth and Intellectualism Über Alles
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2060 IQ Projections
Interesting new study: Future Cognitive Ability: US IQ Prediction until 2060 Based on NAEP From the abstract: …US Census Bureau, cognitive trends until 2060 for the entire age cohort and ethnic groups were estimated. Estimated population averages for 2060 are 103 (optimistic) or 102 (pessimistic). The average rise per decade is dec = 0.76 or… Continue reading 2060 IQ Projections
IQ Tests Are Not Culturally Biased
Although the left believes IQ tests culturally biased, the evidence according to Arthur Jensen in his book Bias in Mental Testing suggests otherwise: …The book presents several arguments that IQ tests are not biased. African Americans’ lower average performance on IQ tests cannot be because of differences in vocabulary, because African Americans have slightly better… Continue reading IQ Tests Are Not Culturally Biased
Economics Myths, Part 7: The Baltic Dry Index is a Reliable Economic Indicator
Doom and gloomers on Zerohedge and elsewhere frequently cite the falling Baltic Dry Index (BDI) as evidence the economy is weak, apparently oblivious to how the BDI works or its poor correlation with overall economic health. From Wikipedia: The Baltic Dry Index (BDI) is an economic indicator issued daily by the London-based Baltic Exchange. Not… Continue reading Economics Myths, Part 7: The Baltic Dry Index is a Reliable Economic Indicator
Another Defeat for SJW-Left: Sweden opens world’s first male rape centre
The post-2013 implosion of the SJW narrative continues. This is going viral on Reddit: Sweden opens world’s first male rape centre – A hospital in Stockholm is understood to be first in the world to set up an emergency department specifically for male rape victims. The clinic at Södersjukhuset opened on Thursday as part of… Continue reading Another Defeat for SJW-Left: Sweden opens world’s first male rape centre
STEM vs. Liberal Arts: Which is Harder?
The essay Who’s the alpha male now, bitches? got me thinking – not about the subject matter of angst-ridden young adults and mass shootings, but the inimitable eloquence of the writing style itself. The precision and skill of how the words were chosen and arranged to make the essay informative yet galvanizing. So, is STEM… Continue reading STEM vs. Liberal Arts: Which is Harder?
More Emissions Violators is Good News for Volkswagen
The chattering classes are puzzled as to why Volkswagen stock has rebounded so strongly in recent weeks, up 30% on no apparent news: Furthermore, at the same time, it has come to light that additional manufactures have emissions violations, namely Audi, Mercedes-Benz, Honda, Mazda, and Mitsubishi. Italians halt VW diesel sales, Audi admits 2.1 million… Continue reading More Emissions Violators is Good News for Volkswagen
Economics Myths, Part 6: Alan Greenspan Caused The Financial Crisis
Greenspan: Fed Not Responsible for Financial Crisis If a lie is repeated often enough it becomes the truth, and there are few better examples than the tar and feathering of Alan Greenspan for his purported role the housing and financial crisis. But the preponderance of evidence suggests his culpability is limited or non-existent. In other… Continue reading Economics Myths, Part 6: Alan Greenspan Caused The Financial Crisis
Economics Myths, Part 5: QE (Quantitative Easing) Misconceptions
Few subjects cause as much confusion as QE. The confusion arises due to the politicization of the issue, as well as common misunderstandings and misconceptions about QE that reverberate throughout the blogging/media echo chambers. There are three major misconceptions about QE: 1. QE is money printing 2. Stocks are rising because of QE – and… Continue reading Economics Myths, Part 5: QE (Quantitative Easing) Misconceptions
IQ and Morality; IQ and Job Performance
From Henry Dampier, Sucks To Your IQ: It’s a profound mistake, however, to act like it’s the only thing that matters, to say that grouping people into a country or institution based on their innate intelligence alone is the way to make the Tower of Babel political construct work properly. // In a similar way… Continue reading IQ and Morality; IQ and Job Performance