Byran Caplan assures us that progressives have the easy painless cure for unemployment, but somehow, due the pernicious influence of cruel heartless free marketers who just do not care about the unemployed, the government is just too right wing to apply the magic. The magic cure is, of course, to print more money. If it has not worked yet, obviously that proves we have not printed enough. Whosoever doubts this obviously does not care about the unemployed as deeply as …
Category: economics
Japan succeeds in inducing inflation
Every time Keynesianism fails, they say is evidence it was not done hard enough. In Japan, they decided that this time they really would do it hard enough. And it worked. Rapid inflation ensued. Employment and production did not.
Bitcoin as a speculative bet
Charting bitcoin, it looks good, if you are inclined to gamble on charts. The recent collapse from two hundred dollars tested support at the hundred dollar mark, found plenty of support around there. By and large, it is a good idea to buy at major support levels, since a speculative property is a lot more likely to go up than to break through the support level.  If it did not penetrate the support level for very long during the panic, …
Kermit Gosnell, partial birth abortion, and regulation
A major part of Kermit Gosnell’s business was late term abortions. The usual way to do a late term abortion is to induce childbirth, and then, as the baby’s head comes down the tubes, jab a steel straw into its head and suck out its brains with a powerful vacuum. This collapses the head, making the rest of the birth easy. However, because Gosnell was doing an abortion mill, doing as many abortions as possible as cheaply as possible with …
Bitches in Tech
The internet is buzzing with the Adria Richards dongle incident that demonstrates what everyone knows, but that until now no one could say, not even me: That women in the tech industry are frequently humorless, dangerous, threatening, difficult, unreasonable, and hard to work with. In a word, bitches. That women bring drama and soap opera to the workplace, and males are unable or unwilling to prevent them.
Soft Power
Modern leftism is a plot by some white males to use women and non whites to destroy other white males. Obama is president, but he does not know what some white male has written on his teleprompter until he reads it. Spandrell complains about a Chinese billionairess piously saying the the politically correct things about democracy.
Moldbug’s solution to the moron problem
There are a large number of people who have no jobs, who make their living by voting left. Many of them, mostly the males, entertain themselves with arson, assault, and burglary, though we are seeing overweight women engaged in such manly pursuits with increasing frequency, though for the females the major recreation seems to be engaging in unprotected sex with males who demonstrate their superior manliness by mugging and arson. Moldbug discusses solutions to this problem, as did I, People …
Libertarianism and Equalism.
I regard myself as a libertarian and anarcho capitalist, but I see all these Libertarians who want the the government to import unlimited numbers of underclass people from Mexico to live on welfare and vote democrat. They worry about the government intruding into people’s lives by not allowing gays to marry, and are entirely unworried about the government intruding into people’s lives to desecrate the sacrament of marriage, by forcing everyone to recognize gay marriage, despite the fact that those …
Bloomberg speaks truth to power
When I was in Sunnyvale in 2005 November, the vast majority of people who were buying million dollar houses were no-hablo-english hispanics on foodstamps with no regular job buying houses no money down. As far as I could tell, every person buying a house for over a million dollars was an unemployed underclass non white. Earlier there had been some whites buying, but by November, anyone with a credit rating or an employment history had given up on buying or …
Sequestration
The US Government is launching a big propaganda offensive on how hurtful sequestration will be, and keeps issuing lists of the horrible horrible horrible harms sequestration will cause. What the sequester reveals is that the great majority of government expenditure consists of paying people to support the Cathedral and the Democrat party.Â