The Great Decoupling

From AV: The Great Decoupling Ultimately, I think this whole debate on wages, STEM, wealth inequality, and automation boils down to IQ. The decoupling is also obvious when comparing advanced degree employment and income versus those with only high school or ‘some college’. It’s also pronounced between majors, with STEM earning more. these trends have… Continue reading The Great Decoupling

Feeling Left Out?

The feeling of being ‘left out’ is something that one normally assumes applies to children and teens – you outgrow it as an adult, but the question, Do you feel like you’re missing out?, that I posed on Hacker Network apparently touched a nerve, as evidenced by all the replies: It seems like with all… Continue reading Feeling Left Out?

Salvation Through IQ

Americans but especially millennials are eschewing the traditional religions for a new ‘religion’ that celebrates not deities, sacred scriptures, or saints – but intellect, wealth, authenticity, and individualism. While idolatry is not a new concept, what makes this trend different is that unlike the young adults of of earlier generations who fawned over the ‘mainstream’… Continue reading Salvation Through IQ

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

Winner-Take-All Nation

From Techcrunch We Are All Venture Capitalists Now I feel like this chart is the only one that matters pic.twitter.com/rPFAm1RZZB — Felix Salmon (@felixsalmon) April 11, 2015 In Extremistan, we are all tournament players, investing our limited time and money in unpredictable ventures that may succeed or fail, quickly or slowly. Wins are fewer, but… Continue reading Winner-Take-All Nation

Ravi Batra’s Social Cycle

Perhaps America is a uniquely intellectual place. People complain about the dumbing down of America, but other countries are much worse. America’s competitive capitalist and winner-take-all culture rewards high-IQ and punishes mediocrity. Of course, all countries have dull people, and America is no exception, but America – by virtue of its free markets, stable currency,… Continue reading Ravi Batra’s Social Cycle

The Right Concedes the ‘Gay’ Wars

A recent discussion on Jack Donovan, author of The Way of Man, and my observation of how the men’s rights movement doesn’t hold his homosexuality against him got me thinking about how ‘right wing’ values have evolved over the years. I’ll admit it – we, ‘the right’, after a string of victories, including the 1996… Continue reading The Right Concedes the ‘Gay’ Wars

The New Gilded Age; The Post-2008 Economy, Part 4

The news cycle over the past two weeks can be likened to watching paint dry or glaciers melt. 2013 was the year of congress, the sequester, debt ceiling and shutdowns; 2014 is dominated by sports (Donald Stirling, Ray Rice..stuff like that), police and race conflicts, Russia and the Middle East. The good news is the… Continue reading The New Gilded Age; The Post-2008 Economy, Part 4