It’s amazing how everyone knows about Griggs v. Duke Power. It comes up frequently in online discussion despite being a topic that is not taught in college unless you are studying employment law, yet everyone seems to know about it, even on Reddit subs that have nothing to do with law. It’s also misunderstood, and… Continue reading Getting Griggs Wrong
Economists predicting doom again
Economists are at it again predicting doom and gloom from Trump’s latest round of tariffs: Trump’s latest tariffs are about to hit you where it really hurts However the stock market isn’t losing sleep, and the S&P 500 up around 1% since the tariffs were announced: My money is on Wall Street. The media and… Continue reading Economists predicting doom again
The millennial search for meaning in a meaningless world
Alex Garland’s cult novel The Beach, 20 years on This story went viral, but also interestingly it went viral on Hacker News, a site that is heavily focused on topics pertaining to STEM, with a lot of praise for the book and nostalgia for the period which it was published, the late 90’s–back when good-paying… Continue reading The millennial search for meaning in a meaningless world
The Coddling of the American Mind, as a precursor to the IDW
Jonathan Haidt has a new book out, the hugely anticipated The Coddling of the American Mind: How Good Intentions and Bad Ideas Are Setting Up a Generation for Failure, with co-author Greg Lukianoff. On Reddit and related communities, a lot people are talking about this book. I plan to read it, and I think Scott… Continue reading The Coddling of the American Mind, as a precursor to the IDW
Vox Day wrong about trade, GDP
Vox Day may be a genius at many things, but I think he’s wrong regarding the post Darkstream: Trade war is good for the U.S. economy, in which he writes: Instead what happened is what anti-free trade people like myself predicted would happen, and what proper economic theory, conventional economic theory, predicts would happen –… Continue reading Vox Day wrong about trade, GDP
Debunking the media’s smear campaign against Elon Musk
I’ve written extensively about Elon Musk and Tesla, mostly regarding Tesla’s financials, and how, contrary to the doom and gloom by the media, Tesla is not at risk of bankruptcy and predicting that the stock will do well. Although I’m not usually one to entertain conspiracy theories, I believe there is a concerted effort by… Continue reading Debunking the media’s smear campaign against Elon Musk
Not worried about Trump tariffs, part 2
Trump set to press ahead new tariffs on $200 billion worth of Chinese goods despite talks The Journal’s report dovetailed with a report from Bloomberg on Friday, in which the president is said to have directed his aides to proceed with plans to hit China’s imports again — even as both sides prepare to meet… Continue reading Not worried about Trump tariffs, part 2
Wrong About IQ? | Russell Warne and Stefan Molyneux
excellent video One is between a rock and a hard place. Is it worse to set up a slow kid for failure by pushing him too hard, or telling someone that they are not smart enough to do something? Both kinda suck. The second is better, but parents and kids don’t want their feelings hurt,… Continue reading Wrong About IQ? | Russell Warne and Stefan Molyneux
Foreign Stocks Don’t Belong in Your Portfolio
Some people bristle at the suggestion that one should not own foreign stocks in an investment/retirement portfolio. After all, if the market is random and market timing is impossible, then excluding foreign stocks is the same as timing and therefore disadvantageous. This reflects a common misunderstanding about the stock market, which is that the inability… Continue reading Foreign Stocks Don’t Belong in Your Portfolio
Notes: Do you have to be smart to care?
Do you have to be smart to care? I don’t know. People who are are really dumb (IQs below a certain threshold such as 80 or so), don’t. But many really smart people care a lot about social issues. Contrary to the liberal media archetype of the low-IQ troglodyte conservative, in order to care greatly… Continue reading Notes: Do you have to be smart to care?