With over 74 million iphones sold in a single quarter, Apple reports it’s biggest earnings ever, proving once and for all that there is no recession or crisis in large cap technology. The people who are buying iPhones, uploading pictures to Facebook, tweeting, and take selfies with Snapchat are not only creating economic value, but… Continue reading No Recession In Technology As Apple Reports Blowout Earnigns
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Carl Jung and the Post-2008 Era
From La Times Why we need to address population growth’s effects on global warming Few of them can forget the backlash after then-Secretary of State Hillary Rodham Clinton said in 2009 that it was strange to talk about climate change without mentioning population and family planning. Critics immediately suggested that she was calling for eugenics,… Continue reading Carl Jung and the Post-2008 Era
Too Much Whining on the Blogs About the GOP ‘Establishment’
Don’t Count Out the Anti-Establishment Republicans Bush and Romney are marquee names in U.S. politics and the Republicans haven’t nominated an anti-establishment candidate since Barry Goldwater more than a half century ago. Yet there is an equally interesting, and perhaps as important, struggle for the movement-conservative or non-establishment crown. There is a sizable segment of… Continue reading Too Much Whining on the Blogs About the GOP ‘Establishment’
The Daily View: QE vs. Fiscal Stimulus, The Rise of the Economists, America’s New Aristocracy, SAT
We’re living in crazy, weird, more unequal times. Theoretical physics, IQ, coding, finance and economics is more important than ever. The left said Instagram was a bubble when Facebook acquired it in 2013 for $1 billion; now Instagram is worth $30 billion. But web 2.0 valuations, the stock market, and Silicon Valley real estate are… Continue reading The Daily View: QE vs. Fiscal Stimulus, The Rise of the Economists, America’s New Aristocracy, SAT
The Left Wants Housing to Be a Bubble
Economic and demographic factors are blame for the chronic sluggishness of Europe and Japan. America has the huge baby boomer and millennial population whereas Japan has shrinking population and poor demographics. Americans consume more. American monetary policy more proactive and aggressive. America has much less regulation regarding how business can fire employees, resulting in a… Continue reading The Left Wants Housing to Be a Bubble
The Great College Debate
American Exceptionalism: The US Dollar Still Flying: We have some degree of equality under the rule of law, but that’s as far as it goes and should go. As another blow to equality ,for things such as socioeconomic status, biological determinism means some people will be better than others. The left cannot come to terms… Continue reading The Great College Debate
The Daily View: IQ and Political Affiliation, Small Business, Obama, Healthcare, Women in STEM
Are conservatives smarter than liberals? If low IQs are linked to poverty and, as shown below, poorer people vote liberal, one can surmise that liberalism is more highly represented among those with low IQs than conservatism. Look at Communism, a collection far-left ideologies specifically designed to appeal to poor, uneducated people. Decline in small business… Continue reading The Daily View: IQ and Political Affiliation, Small Business, Obama, Healthcare, Women in STEM
Cheer Up, Libs, Things Aren’t So Bad
To the left, America is always in decline – and that only more wealth redistribution from the coffers of the rich can pull us out of this imagined decline. From Braaaad DeLong, The American Economy Stumbles: The American economy has done badly over the past generation or so. This is not to say other economies… Continue reading Cheer Up, Libs, Things Aren’t So Bad
Eliminative Materialism and Economic Misconceptions
It seems like we’re all becoming economists now. You’ve got Marc Andreessen, a technologist with no economics degrees, engaging in a credible debate with one of the greatest living economists, Larry Summers. Then there’s Peter Thiel, who received his B.A. in Philosophy from Stanford, pontificating about monopolies and the size of government. The 700-page tome… Continue reading Eliminative Materialism and Economic Misconceptions
More on Biological Determinism and Useless Degrees
From the New York Times: Among the Disrupted This passage stood out: And even as technologism, which is not the same as technology, asserts itself over more and more precincts of human life, so too does scientism, which is not the same as science. The notion that the nonmaterial dimensions of life must be explained… Continue reading More on Biological Determinism and Useless Degrees