Billionaire Cartier Boss Warns of Imminent Uprising, ‘Envy, Hatred’ of Poor People There is also an accompanying video: The 65-year-old Rupert, who has an estimated net worth of about $7.5 billion, seemed deeply perturbed about the impending disappearance of the middle class due to robotics and artificial intelligence, which he said would “put hundreds of… Continue reading The Great Debate: Automation, Jobs, Wealth Inequality, Basic Income, Post Scarcity
The Left Still Whining About Tech Bubbles & Silicon Valley
In an ideal world, all the smart people – the scientists and engineers, the physicists and mathematicians, the coders and quants – would get all the good jobs and make all or most of the money. The good news is we’re in that world right now, especially since 2008 with the unending web 2.0, real… Continue reading The Left Still Whining About Tech Bubbles & Silicon Valley
Festivities Are Just Beginning (old theme)
Decided to post my article using the old theme: The Festivities Are Just Beginning More evidence of American exceptionalism: Apple’s cash reserve alone is enough to buyout Coca Cola or Walt Disney: This makes the left mad; they wish they could spread Apple’s wealth on useless social programs, but can’t. The left is powerless to… Continue reading Festivities Are Just Beginning (old theme)
The Daily View: Wealth Inequality and Bond Market Liquidity
Today’s idiot: ‘The problem isn’t that we’ve been slaves to free markets’: Joseph Stiglitz interview Unlike Thomas Piketty, whose recent bestseller Capital in the 21st Century argues that capitalism makes rising inequality inevitable, Stiglitz insists the system can be fixed. ‘Widening and deepening inequality isn’t driven by immutable economic laws,’ he says. ‘A well-functioning market… Continue reading The Daily View: Wealth Inequality and Bond Market Liquidity
Detecting Fake Amazon Book Reviews
I came across The Choose Yourself Guide To Wealth by James Altucher, and the sales pitch read like something I would write, but I decided to make some modifications. Original: This is a bold book by James Altucher because he not only gives you a new map for the new financial landscape, but he also… Continue reading Detecting Fake Amazon Book Reviews
Neo-Reaction & Techno-Libertarianism
Recently I got into a debate with some about Neo-Reaction vs. Techno-libertarianism Techno-libertarianism and neo-reaction can compliment each other in that the both oppose democracy and egalitarianism. Techno-libertarianism, as the name suggests, tend to be pro-technology in a context of a free market, and is the ‘position’ that I support. Neo-reaction, which rose to preeminence… Continue reading Neo-Reaction & Techno-Libertarianism
Helping America’s Gifted Poor
In the unending online economics debate that we all find ourselves participating in, this article Telling Poor, Smart Kids That All It Takes Is Hard Work to Be as Successful as Their Wealthy Peers Is a Blatant Lie is going viral on sites like Reddit and 4chan. That’s why we need more gifted education programs,… Continue reading Helping America’s Gifted Poor
Libs Whining About Tesla Again
Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies Libs complain about crony capitalism only if said companies are successful, such as Tesla or Goldman Sachs, but ignore the failures such as SOlyndra. The left wants the most successful companies to fail, but wants to bailout the losers like General Motors. The… Continue reading Libs Whining About Tesla Again
Superior vs. Inferior People
I agree that egalitarianism and fat acceptance is bad, but ‘superior’ people are not those who try to specialize, but those who have the innate biological gifts to specialize in fields that pay money and garner recognition, such as specializing in mathematics, physics, coding, and stock trading. Yeah, if you have an IQ of 90… Continue reading Superior vs. Inferior People
Malcom Gladwell, Exasperated Idiot
John Paulson, who made his fortune betting against loser homeowners, is donating $400 million to Harvard’s engineering school – a good use of money to help America’s best and the brightest. Malcom Gladwell, who along with Taleb, Ariely, Kahneman and other liberals is famous for his pseudoscience books that downplay individual cognitive exceptionalism, predictably opposed… Continue reading Malcom Gladwell, Exasperated Idiot