In the six years that have followed the bank bailouts, fed doubters have egg on their faces as the US dollar and treasuries post huge gains. To quote Joe, policy hasn’t been perfect, but we’re seeing how smart the U.S. was to ease aggressively early and hard. That’s just one of many reasons why you… Continue reading The Last Question, Part 2
The Last Question
Part of what makes the WSJ interesting yet infuriating to liberals is how they treat billionaires as experts at everything, besides their fields of business, and, without hesitation, will publish whatever crosses a billionaire’s mind in the op-ed, in addition to the usual columnists. The NYT, on the other hand, likes conventional, safe ideas by… Continue reading The Last Question
Some Thoughts on Healthcare
The American family makes $200 more a year than it did in 1989 From Josh Brown: The naysayers have a point when talking about the unfairness (or incompleteness) of the economic recovery. For many people, there really hasn’t been one yet. For the bottom 80 percent of income earners (almost the whole country) or those… Continue reading Some Thoughts on Healthcare
Pro Growth Policy Ideas
US Dollar heads for best run of gains in 17 years If anything, this huge rally in dollars and plunge in treasury yields means we need things that will increase liquidity and risk taking such as more QE and tax cuts . There is so much demand for the safe haven of US dollars that… Continue reading Pro Growth Policy Ideas
Could Millennials Be More Conservative Than Previously Thought?
Is the smartest generation, the millennials, when matched by age, more conservative than most generations in history, including the babyboomers? The problem with studies that purport baby boomers to be more conservative than millennials is that they are not matching by age. Yes, baby boomers are more conservative, but that’s possibly because they are older,… Continue reading Could Millennials Be More Conservative Than Previously Thought?
College Bashing and Skills Transference
College bashing is popular among the crisis-seeking, anti-establishment left. The best argument they have is anecdotal evidence, that they know someone who is wildly successful despite not obtaining a degree, and thus their single example overrides all empirical evidence from hundreds of studies that show otherwise. The left, like a Malcom Gladwell book, can only… Continue reading College Bashing and Skills Transference
America’s Intellectual Renaissance
A defining charcteristic of the post-2008 intellectual Renaissance is that America is stronger and more influential than ever. The left predicted in 2008, incorrectly, that the over-hyped financial problem would usher in a post-America era. The exact opposite happened. As evidenced by historically low treasury yields, an always rising stock market that has vastly outperformed… Continue reading America’s Intellectual Renaissance
HBD Gaining Mainstream Acceptance
As blogged by Lion, an HBD (human bio-diversity) inspired comment was published in response to an op-ed by Nicholas Kristof and even got 13 up-votes: From iSteve, Kristof Does Battle with His Commenters Again As part of the post-2008 ‘intellectual Renaissance’, ideas on race, poverty and IQ that a decade ago were dismissed as ‘scientific… Continue reading HBD Gaining Mainstream Acceptance
Richard Feynman’s IQ
There’s a long-standing debate about Feynman’s IQ, which reportedly was ‘only’ 125 or so. Like clay, many IQ denialists and, regrettably, HBD folks mold the score to suit their respective presuppositions: that, for the denalists, it’s evidence IQ is not important or, for the HBD folk, that Feynman’s ‘low’ score isn’t his ‘true’ IQ. I… Continue reading Richard Feynman’s IQ
Noahbrain and Twitter
Noahbrain of the noahpinionblog wrote perhaps the stupidest tweet ever: Why do so many rightists love anonymity? Is it because it gives them more of a feeling of homogeneity and commonality? — Noah Smith (@Noahpinion) September 6, 2014 Let’s see…who are the ones going batshit over NSA, drones, Facebook, Gmail, etc? Liberals and civil libertarians,… Continue reading Noahbrain and Twitter