Category: Uncategorized

All over Google, there are stories of ‘millions of job openings going unfilled,’ often attributed to unemployment benefits and other purported disincentives for work. My thoughts on the issue: 1 A job opening does not imply that said company is in urgent need of labor, but rather it is more like an audition process in… Continue reading Why the jobs are going unfilled

There as been considerable debate about the so-called ‘growth mindset’ versus the ‘fixed mindset’. Scott has written many posts comparing and contrasting the two. From the article Why Grit Is More Important Than IQ When You’re Trying To Become Successful: While comparing career accomplishments, you were shocked to learn that the kid from school with… Continue reading Why Talent Beats Grit (‘growth mindset’ versus the ‘fixed mindset’)

Over the past few weeks I have observed considerable hype and fear about the possibility of the federal minimum wage being raised to $15, from $7.25/hour it stands currently. The likes of Peter Schiff and others keep repeating stale taking points about how a $15 minimum wage will hurt youth employment and hasten automation. Somehow,… Continue reading The Overblown Minimum Wage Debate

Derek Chauvin was found guilty on all three charges. This did not come as a surprise. Jury intimidation likely played a role and made any sort of impartiality impossible, as the jurors had reason to fear for their lives despite anonymity if they ruled in favor of Chauvin. What is more of a surprise, and… Continue reading Sentencing guidelines are weird

When I made a post a few weeks about Taleb being called out on his BS, I was not cherry picking, but rather this habitual on the part of Taleb. So a few days ago, Coinbase announced its IPO, valuing the cryptocurrency exchange, founded in 2012, at around $60-80 billion. Taleb retweeted approvingly a tweet… Continue reading Taleb, more BS

In cosmology, the steady-state universe describes a model for which the universe is neither expanding nor contracting, but, as the name suggests, remains the same size (in terms of its geometric boundary). However, this has long been ruled out by radio telescope data, which show the universe is expanding and possibly even accelerating. But in… Continue reading The future: much like the present

On various online discussions, usually in regard to Elon Musk’s wealth (or other billionaires, but it is usually Elon Musk given his fame and wealth), is that the reason he cannot ‘do more’ in terms philanthropy is that his wealth is paper wealth, not real wealth, and thus it’s not like having money. Regardless of… Continue reading Paper Wealth is Real Wealth

In regard to status, it’s not about how much money you earn, but rather the size of your megaphone. Obama is hardly among the wealthiest in the world, but commands a huge megaphone in terms of his influence. Normies, even wealthy normies, are stuck having little influence despite otherwise projecting the outward appearance of success,… Continue reading Normies, Status, and Substack

The post The Vampire Society by Vox Day went viral. It seems everyone hates the boomers; even boomers hate themselves. Boomers are blamed, by conservatives and liberals alike, for everything that is wrong with society. They are accused of being narcissistic and materialistic and being poor parents who outsourced their parenting duties to daycare so… Continue reading Repost: Are Things Really That Bad For Millennials

Another correct prediction: the S&P 500 closes above 4,000 for the first time ever, and as of writing this post it is up another 1.5%, at 4080-. The S&P 500 closed above 4000 for the first time to kick off the second quarter, buoyed by a continuing rebound in technology stocks. The broad stock gauge… Continue reading Convergence to the global hegemon