Obama Should Give His Nobel Prize to Bernanke

If Obama can get a Nobel Prize for doing nothing (and then later being a lousy president), maybe Bernanke deserves one for merely saving the economy in 2008? Full employment without inflation is in sight. The central bank did its job. What about everyone else? Agree, the central bank did a good job by stemming… Continue reading Obama Should Give His Nobel Prize to Bernanke

Foucault, Chomsky, Pinker, and the Blank Slate

From evolutionistx: Chomsky on Foucault “In Foucault’s 1971 televised debate with Noam Chomsky, Foucault argued against the possibility of any fixed human nature, as posited by Chomsky’s concept of innate human faculties. Chomsky argued that concepts of justice were rooted in human reason, whereas Foucault rejected the universal basis for a concept of justice. Following… Continue reading Foucault, Chomsky, Pinker, and the Blank Slate

Bitcoin Going Nuts Again

The left hoped bitcoin would be another fad or bubble, but you can’t keep a good thing down for long, and Bitcoin is surging again: Bitcoin is not going away. It’s here to stay, having long graduated from the ‘fad’ or ‘novelty’ stage. Transaction volume is at multi-year highs: As a disclosure I own Bitcoin,… Continue reading Bitcoin Going Nuts Again

The Rotting Foundation That Is Democracy

Many on the right attack individual symptoms, problems (feminism, crime, growing entitlement spending) without addressing the underlying disease: democracy and the liberal state. The solution lends itself to NRx, which rejects the post-WW2 ideal of democracy and social liberalism, as quoted by Amerika’s NRx guide: But as Evola observed, all of us in the post-war… Continue reading The Rotting Foundation That Is Democracy

STEM, Immigration, H-1B Visas, and Wages

There is no diversity crisis in tech: Repeat after me: there is no “diversity crisis” in Silicon Valley. None. In fact, there is no crisis at all in Silicon Valley. Silicon Valley is doing absolutely gangbusters. Apple has $200 billion in cash reserves and equivalents — and a market valuation of about $630 billion. Amazing.… Continue reading STEM, Immigration, H-1B Visas, and Wages

Pop Psychology Charlatans

How to act less stupid, according to psychologists “The stupidest thing someone can do is overestimate themselves,” he said. “What that tells us is that you don’t have to have a low IQ, in people’s eyes, to act stupidly. You just have to misperceive your abilities.” In other words poseurs, who overestimate their abilities, come… Continue reading Pop Psychology Charlatans

America the Intellectual Capital of the World, or Why Smart People Deserve More

With the Nobel Prize nominations in the news, the alleged ‘dumbing down’ of America is mostly anecdotal, like an old wives’ tale regurgitated by liberal pundits until many hold it to be truth. For example, America leads the world in Nobel Prize laureates, and this is most evident in the high-IQ science categories: The United… Continue reading America the Intellectual Capital of the World, or Why Smart People Deserve More

Economics Myths, Part 8: The Chinese Data is Fake

If you pay attention to the financial media inevitably you’ll come across unsubstantiated musings disguised as rigorous analysis about China’s economy being ‘fake’. But the funny thing is, you never hear similar stories about Brazil’s economy being fake, or about Turkey or Russia’s economy being fake, but China is a favorite target by the doom… Continue reading Economics Myths, Part 8: The Chinese Data is Fake

The Rise of STEM: Wealth and Intellectualism Über Alles

Abstract mathematics, theoretical physics, computer science, and quantitative finance, all of which compose the constellation called ‘STEM’- is cachet of ‘nobility’ in the post-2008 economy, the new ‘cool’ among millions of millennials who aspire for prestigious careers that involve wealth or intellectual recognition, preferably both, as embodied by the likes of Musk, Thiel, and Zuck.… Continue reading The Rise of STEM: Wealth and Intellectualism Über Alles