Vertex’s Cystic-Fibrosis Drug Faces Big Test Vertex, based in Boston, Mass., already has a hit cystic-fibrosis drug in Kalydeco, which has a wholesale annual per-patient price of $311,000 in the U.S., and had $464 million in global sales last year. But Kalydeco treats a relatively rare type of cystic fibrosis, with a market of only… Continue reading The Healthcare Scam
Anti-SJW Has Gone Mainstream
From Imgur and Reddit, both of these anti-SJW, pro-men’s rights pictures below went viral, each getting over 5,000 shares and hundreds of comments in support. It’s not like being anti-SJW, pro-men’s rights is on the fringe; no, it’s now mainstream. In just two years we’ve seen a 180 transition – from the SWJs controlling the… Continue reading Anti-SJW Has Gone Mainstream
Yet Another Correct Prediction
In January 2015, I wrote that falling oil prices would not boost the economy, as so many on the left predicted it would. The left wanted oil to fall to stick it to big oil and big gas, but were disappointed when falling oil and gas prices apparently provided no economic tailwind. Now, sure enough,… Continue reading Yet Another Correct Prediction
Why There Probably Won’t Be Another Major Financial Crisis in America
TWith Banks ‘Still Too Big to Fail,’ Another Financial Meltdown Looms Yaawn been reading these doom and gloom predictions since 2009 Although the doom & gloom media makes it seem like financial crisis are a common occurrence, there have only been two major crisis (1929 & 2008) in the United Sates over the past 100… Continue reading Why There Probably Won’t Be Another Major Financial Crisis in America
Steven Levitt is Right, Not All Life is Sacred
From the Freakanomics Blog, This Idea Must Die … So it’s an area, it’s a dimension in which we have a lot of power. We’re good at it, but the problem with this idea that every last life is valuable and every life should be saved, essentially at any cost, is that the kind of… Continue reading Steven Levitt is Right, Not All Life is Sacred
Best Housing Market in the World
Best Housing Market in the World: The 2005-07 housing bubble and crash looks like speed-bump. You can barely see it. Palo Alto real estate keeps going up and is quite possibly the best performing region in the world, with prices up 100% in the past three years alone…think about that for a second…those are the… Continue reading Best Housing Market in the World
Deconstructing Liberalism
Indeed, it also helps that he was smart enough to get into Harvard. Like the left wanting to believe Einstein failed math, the left tries to create this narrative that college is not necessary for success when, in fact, in most instances it is – it’s just that for people of the highest intelligence it… Continue reading Deconstructing Liberalism
With the Exception of China, Emerging Markets Are Still Awful
From The Reformed Broker: The Circus of What’s Working Now Josh Brown, author of The Reformed Broker, writes: The reality is that foreign stocks and US stocks take turns outperforming each other in roughly four year increments. The last such timeframe where foreign developed equities beat the S&P was from 2003 to 2007. There’s no… Continue reading With the Exception of China, Emerging Markets Are Still Awful
Defending Finance: Why Bankers and Economists Are Not to Blame for the Crisis
From the Economist, What’s wrong with finance There’s nothing wrong with finance or economists, but there is often something wrong when leftists pontificate about finance and economics. In the same way the left dismisses IQ as being useless, the left also dismisses economics as merely being a superstition, akin to reading entrails, or the left… Continue reading Defending Finance: Why Bankers and Economists Are Not to Blame for the Crisis
We’re All Becoming Economists, Scientists, and Objectivists
It seems like everyone is discussing economics these days. I remember, as recently just a decade ago, it was mostly economists and finance guys who discussed economics, but now it’s pretty much every 20-something who is an armchair economist. Economics has become so pervasive in our everyday lives – from employment, to automation, to basic… Continue reading We’re All Becoming Economists, Scientists, and Objectivists