Category: economics

economics

anti anti anti anti reactionary faq

Scot Alexander has answered the anti anti reactionary faq. The anti anti reactionary faq argument to which he replies is that leftist have a dreadful record of misgovernment, terror, tyranny, artificial famine, and leftists tend to get lefter over a time.  It is a slippery slope, the slope gets steeper and steeper, and at the bottom of that slope, a deep pit filled with sharpened stakes. Scot’s reply is that …

economics

Pilgrim socialism

By now everyone knows the real story of thanksgiving.  The pilgrim fathers attempted socialism, as usual famine ensued, followed by mass die off, they appointed a new governor who concluded that when God expelled Adam and Eve from the garden, God ordained private property in the means of production.  Famine solved, prosperity ensues.  Pilgrims ordain a day of thanksgiving to thank God for their prosperity. But strangely, the New York …

economics

Moore’s law ends. Technological singularity postponed indefinitely

The fabs will soon be delivering “16nm” chips.  But they are not in fact 16nm chips.  That is just marketer spin.  The wire to wire spacing, the pitch, is still 64nm, as it has been for some considerable time.  There have been substantial improvements in power consumption, and this and that, but chips have just stopped getting denser.  There are no more transistors per unit area than in previous technology …

culture

Predicting collapse

I am a prophet of doom.  There tends to be an oversupply of prophets of doom, and the proportion who turn out correct is quite small. Equally, there are also a large number of prophets of non doom, for example the numerous prophets of complacency during the fall of the Roman Empire in the west, who assume that everything will continue as today, often even when spectacular collapse is under …

economics

Hayekian critique of Obamacare

Hayek correctly predicted that socialism must be despotic, because it cannot operate according to laws, but according to decrees. And so we see the President issued a speech declaring his intent to ignore and unilaterally change some parts of a law, passed by Congress and signed by him, that he was suddenly finding inconvenient and then enforcing obedience on state employees, non federal government employees to obey his words and …

economics

Progressives are channeling me

Not long before 10-10 no pressure came out, I compared environmentalists the French Revolutionary terrorists, and said that they would murder children for insufficient environmentalism, and then the revolution would devour its children. And lo and behold, they produce an ad depicting themselves murdering children for insufficient environmentalism, and then murdering each other. Observe, the Obama ads for Obamacare: Now people who actually work for a living will fund your …

culture

Stupid U

Inequality, as you know, is rising (because of the mass importation of a low IQ Indio and Mestizo non working underclass from Mexico into the US) The progressive diagnosis was that university makes everyone affluent and middle class, so they would run everyone, especially women, through university. Unsurprisingly: Between 2000 and 2008 the typical earnings of men with at least a bachelor’s degree fell by more than $2,000, after inflation, …

economics

Murdering Grandma does not substantially save on health costs

All the intellectuals in the US who are officially deemed to be very smart people are officially telling us that the big problem with health care, the reason your Obamacare bills are going out of sight, is that keeping Grandma alive for a few months longer can cost unlimited amounts of money As you doubtless know, most government health care systems around the world wind up murdering Grandma to free …

economics

Progress

In 1900, there were no planes, no space travel. Motorcars were toys that enthusiasts played with, not useful means of transport.  There were no computers, no radios, no antibiotics, no rockets, no nuclear power, no knowledge or understanding of the interior the atom, no very useful plastics. In 1961 we had all of this stuff Since 1961, what have we got? The last man on the moon is getting pretty …

economics

CBO projects deficit under control.

Business insider points out the that the CBO projects the deficit to fall as a percentage of GDP over the next three years, neglecting to recollect that the CBO has been projecting the deficit to fall as a percentage of GDP for quite some time, while it has continued to soar as a percentage of GDP.  The CBO has a record similar to that of Anthropogenic Global Warming models.  Global …