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After almost half a century of being on the fringes of society, ignored or relegated to special gifted classes, economic and social forces have converged, culminating in the post-2008 era where nerds not only run the world, but are celebrated. This is the New Great Awakening (but with intellectualism and wealth creation sweeping the world,… Continue reading Is STEM the New Celebrity Status?

From Establishment Populism Rising The lion’s share of the income of the top 1 percent is concentrated in the top 0.1 percent and 0.01 percent. The average income of the top 1 percent in 2013, according to data provided by Emmanuel Saez, a Berkeley economist, was $1.2 million, for the top 0.1 percent, $5.3 million,… Continue reading Et tu, Summers?

From Return of Kings: Evidence For Blue Pill Brain Damage Puts Modern Democracy Into Question Anyone who dares question its legitimacy is usually cast out as a fascist or a moron Actually I think it’s the opposite, or at least the tide is turning in that more and more people, especially on sites that cater… Continue reading Optimal Allocation of Resources

The ‘red pill’ people and the Beta Male Conservatives, a subset of MGTOW, have a lot in common: a tendency to defer to empirical logic instead of emotion, a respect for STEM, and being anti-SJW. The beta male is introverted and enjoys solitary activities such as reading and surfing the web, for example. Red pill… Continue reading Bridging The Red Pill and Beta Male Conservatism

From Fred Reed The 145 Solution I agree we should restrict voting to high-IQ individuals and or a net worth above a certain threshold, but the odds of such a plan being implemented are close to zero. The comments are interesting since they are an example of how successful the left, in their war on… Continue reading How Liberalism Distorts Perception of IQ

The original article on the Beta Male Conservative failed to meet my standards, so I rewrote parts of it. The growing anti-science movement is making people in Silicon Valley nervous Has he been to Reddit or 4chan lately? Millions of users, and all of them are infatuated with science & scientists, STEM, nerd culture, libertarian… Continue reading 2015: Another Great Year for the Nerds

The Krugster writes: This is still true in much of economics, I believe. But in the areas that matter most given the state of the world, it’s not true at all. People who declared back in 2009 that Keynesianism was nonsense and that monetary expansion would inevitably cause runaway inflation are still saying exactly the… Continue reading Disingenuous Paul Krugman Wrong About Stimulus, Economy

There are dozens or even hundreds of variables the affect stock prices, but it can be reduced to just two: fundamentals and noise. For brevity, we’ll assume fundamentals are measured by inflation adjusted earnings and is a long-term driver of stock and index prices, a process that I call ‘fundamental drift’. The second noise; this… Continue reading Stock Strategies & ‘Fundamental Drift’

Liberals like Nicholas Nassim Taleb, Robert Shiller, and Michael Lewis insist the market is rigged, a scam and a bubble, and therefore anyone who achieves long-term, risk-adjusted superior returns is either lucky, ignoring hidden risks, running a Madoff-like fraud, cheating (HFT, dark pools), or in cahoots with ‘evil’ bankers. In the same way the left… Continue reading People Beat the Market Because of IQ, Not Conspiracies