Uncategorized – Page 261 – Grey Enlightenment

Professors On Reddit Tire Of Liberalism

In the post 2008 era, intellectualism in and of itself has become a culture, with people in high-IQ endeavors such as professors, STEM workers, stock traders, quants, wonks, tech CEOs, nerds, real estate investors/speculators, mathematicians and theoretical physicists becoming ‘celebrities‘ to large portions of the population. You see evidence of this on Reddit; for example,… Continue reading Professors On Reddit Tire Of Liberalism

Religion is Becoming Irrelevant

From marginal revolution: An Anxious Age: The Post-Protestant Ethic and the Spirit of America. The grand confluence of Protestantism has dwindled to a trickle over the past thirty years, and the Great Church of America has come to an end. …The death of Mainline Protestantism is, as we’ve noted, the central historical fact of our… Continue reading Religion is Becoming Irrelevant

There is Absolutely No Bubble In Technology

I remember in 2012, following the botched Facebook IPO and the stock’s subsequent decline, the liberal media was certain that web 2.0 had burst, their elation breaking through their veneer of journalistic impartiality as Facebook stock fell from its IPO price of $38 to as low as $20. At last for the left, after years… Continue reading There is Absolutely No Bubble In Technology

Atheist Conservatism and the Dark Enlightenment

Atheist conservatism/libertarianism is one of the fastest growing movements. Many of today’s smart young people, who grew up on Ayn Rand and Milton Friedman (and maybe hayack and Rothbard, although being anti-fed is anti-wealth in my opinion. Fed policy such as QE and low interest rates, while unpopular with some on the right, does help… Continue reading Atheist Conservatism and the Dark Enlightenment

Some Ideas to Reform Higher Education

Unlike some libertarians, I don’t believe the state is inherently oppressive. I believe in incrementalism, in making small changes to make a better society rather than uprooting society. An example is optimizing the allocation of public resources. We have a finite quantity of capital from tax payers dollars, it should be allocated in such a… Continue reading Some Ideas to Reform Higher Education

The Daily View: Stocks Surge, Hillary, Religion, Paul Tudor Jones

Another big day for stocks. The major indexes rose 3% for the week thanks to the fed’s pledge to not raise interest rates, even as the fundamentals of the economy remain sound. Since early 2014 or so, the news cycle has become so moribund that the media has to invent scandal and outrage where none… Continue reading The Daily View: Stocks Surge, Hillary, Religion, Paul Tudor Jones

Stocks & Bonds Surge – The 1% Wins Again

Stocks surge, bond yields crash, and the 1% wins again as the fed vows to never raise rates. Today’s Scorecard: Dow +200 Nasdaq +40 S&P 500 +26 Here’s what happens when you bet against America, free markets, web 2.0, high-IQ, the fed, the consumer, globalization, smart policy markets, and the best and the brightest. It’s… Continue reading Stocks & Bonds Surge – The 1% Wins Again

Anti-Democracy, Part 4

You know it’s a slow news day when the big story is Clinton’s drinking habits. The only people who are getting worked up about Hillary’s overblown email problem and Russia are the people whose paychecks depend on manufacturing hype and outrage for clicks and page-views. The doom and gloom media was hoping Putin was dead,… Continue reading Anti-Democracy, Part 4

The Success of Fed policy

An example of effective, but hated policy is QE and TARP, as part of the umbrella of fed policy. Liberals such as Peter Schiff and Nassim Nicholas Taleb argue that the fed has made the financial system more prone to collapse, recession, and bear markets. Reality, in contrast to doom and gloom, paints a different… Continue reading The Success of Fed policy