Archive for the ‘economics’ Category

Bitches in Tech

Saturday, March 23rd, 2013

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. (more…)

Soft Power

Sunday, March 17th, 2013

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. (more…)

Moldbug’s solution to the moron problem

Friday, March 15th, 2013

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 of Negative Economic Value, and Red in a comment
(more…)

Libertarianism and Equalism.

Sunday, March 3rd, 2013

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 few gays that get married frequently do it to épater les bourgeois by having sex in public in a great big pile. (more…)

Bloomberg speaks truth to power

Saturday, March 2nd, 2013

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 was trying to sell.

I don’t have any direct evidence that Bloomberg’s cover accurately displays the way things are now, but it accurately displays what I saw with my own eyes in Sunnyvale California in November 2005. It was million dollar welfare handouts back then, and I doubt that things have improved under Obama.

You may ask who gets to lose the money this time around. The answer, this time around, is instead of the fed indirectly, it is the fed directly. Instead of bailing out those who irresponsibly buy mortgage backed securities, it has been buying mortgage backed securities directly – which means those who foolishly treat dollars as money will, eventually, be those paying.

The pile of hundred dollar bills that the dog is using for its bed were freshly printed up by the federal reserve, which obtained in exchange mortgage backed securities, hence reports no loss. Indeed, it has reported no loss on any of the very large pile of mortgage backed securities that it now owns, even though, for the most part, no one has made any payments on the mortgages underlying those securities. This is your off the books deficit, which outweighs the on the books deficit to the same degree as off the books welfare outweighs on the books welfare – your deficit, in the sense that if you are one of America’s rapidly diminishing minority of taxpayers, people think you are going to pay it. You are going to be making that dog’s bed.

Mestizos in California drive cars even though no one really expects them to have a driving license or third party insurance, and not all of them know how to drive a car. To deny them the right to drive a car by imposing white centric standards of licensing on them would be raaaaciiisssst. Similarly, expecting them to make payments on the mortgage would be raaaaciiisssst.

Equality before the law obviously is not equal if the law reflects white behavior. And so, equality before the law quietly transforms into statistically equal impact of the law. Expecting mestizos to make mortgage payments would impact them more severely than it impacts whites. Mestizos are a voting majority in California. Californian blacks, who are a voting minority, still need to pay their mortgages and get driver’s licenses. Theoretically Hispanic privilege extends to all Hispanics, to anyone who claims to be Hispanic, and that is federal law and practice, but suspiciously white looking Hispanics find that they do not get some of the more outrageous Hispanic California state privileges. Now that Hispanics have a majority in California, it is becoming harder to qualify as one of this privileged group.

Sequestration

Friday, March 1st, 2013

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.  (more…)

Postmortem on Warmism

Thursday, February 14th, 2013

We are always moving leftwards, but not every leftwards program succeeds. Should one fail, they try something different.

I have not published much on warmism lately, because they were defeated by Climategate, even though every academic institution, every government institution, and every group of organized scientists swore fealty to Warmism, officially proclaimed that Climategate was no big deal, and have been trying to carry on as if Climategate was no big deal. But now they are subsiding, so time for a post mortem on the warmist movement, which has pretty much gone the way of the communist movement, where fans of the proletariat have shrunk down to few little academic circles holding reality at bay from behind their little Berlin walls, while the rest of the communist movement substitute females and minorities for the proletariat, and continue business as usual. (more…)

Civilization: Hold back the darkness

Sunday, February 3rd, 2013

It is often said, and is true, that progressivism is in revolt against nature, but it is only true because progressivism is in revolt against the past and past knowledge, and a large part of our accumulated wisdom is knowledge of the nature of man, what humans naturally are.  Progressives are not only in revolt against nature, but revolt against civilization. (more…)

People of negative economic value

Friday, February 1st, 2013

The racial problem is that stupid people can vote, that incentives for good behavior are weak or nonexistent, and that some people are unresponsive to incentives.  Stop voting, ensure that everyone has good incentives, and then the problem is reduced those people unresponsive to incentives, a markedly smaller problem.

Nations with slightly higher IQ are markedly wealthier than nations with lower IQ, but individuals with markedly higher IQ are not markedly wealthier than individuals with markedly lower IQ.

The difference between nations is well approximated if we suppose that people with an IQ above 105 all have roughly comparable productivity, and are responsible for producing almost everything, and people with IQ below 105 have negligible productivity, and are all parasites.  But individual wages do not fit this picture. Obviously a low IQ person who is working for a living in private enterprise must be producing value at least equal to his wages.

Moving from a nation with low average IQ to a nation with high average IQ substantially benefits the migrant.  No one wants to move in the other direction.

This only makes sense if people with high average IQ produce large benefits to those around them, and people with low average IQ produce large costs to those around them, negative externalities.  (more…)

Radish defends slavery

Tuesday, January 29th, 2013

As usual, good reactionary stuff.

You favor abolishing welfare: What do propose to do with all the able bodied people that are too lazy or too violent or have too short a time preferance to hold down a job?

Once upon a time, such people were put on the chain gang. Progressives did not like private individuals owning slaves, but they just love governments owning slaves. Look how they loved communist china, and look how bitterly outraged and indignant they became when the Chinese government realized that most people do better work as employees, rather than slaves.