US economic decline

May 1st, 2013

Supposing the official cpi to be true, US real GDP per capita has been growing at about 1% per year in recent years.

Supposing the big mac index to be true, US real GDP per capita has been falling at about 1% per year in recent years.

Motor vehicles per capita, according to world bank statistics, have been falling about 1% per year in recent years.

Electricity consumption per capita, taking indexmundi figures for US electricity consumption, and world bank figures for US population, has been falling at about 2% per year in recent years, consistent with the greeny attack on energy.

So, the evidence favors the big mac index.  Which is not showing hyperinflation, but is showing more inflation than is good for the economy.

What unites neoreaction?

April 29th, 2013

Firstly, why neoreaction, rather than reaction?

Because the principles and social organization that we want to restore are completely dead, available only in dusty old books whose language is a little bit strange. We are not reacting to the latest outrage, but to outrages that were a fait accompli a hundred years ago. Since what was an fait accompli a hundred years ago has led to the disastrous consequences predicted, the possibility now opens of reversing what was supposedly irreversible. The Neoreaction is heavily influenced by books long, long, out of print, and previously inaccessible.

Neoreactionaries, all of them, respect the past. Traditional solutions derive from Nature, or, some would say, from Nature’s God, and embody unspoken and difficult to explain wisdom. Sweeping them aside was apt to have disastrous consequences, and, in substantial part, did have disastrous consequences.

Reactionaries, all of them, are realists, seeing the real, not the official truth.

Neoreactionaries, all of them, recognize that races are different, the sexes are different, and man is a hierarchical animal.

Neoreactionaries, all of them, regard the official truth, the Cathedral as highly unlikely to have any connection to the truth, indeed as evil and insane. If all academics and the New York Times agree on X, the neoreactionary assumption is that X is likely to be a lie. The only way one would get such agreement is if it is enforced, and, if enforced, must be untrue.
Read the rest of this entry »

Neoreaction and libertarianism

April 28th, 2013

The great flaw in libertarianism is egalitarianism. People are unequal, groups are unequal, reproductive roles are unequal.

Superior people need to rule inferior people or else inferior people will cause problems for each other and for their betters. Superior people need to be more free. Inferior people cannot handle freedom, need supervision, discipline, and control. Inferior people need to be substantially less free.

Equality worked by consuming the social capital created by inequality. Now, however, with tax consumers (single mums, government employees, quasi government employees such as human resources, and people on welfare) outnumbering and outvoting tax producers, we have finally run out of social capital. Increasingly, young white males do not, cannot, aspire to have wives and children, because doing so will likely result in the state taking his children away, nor to save for retirement, for the grasshoppers will devour what the ants put aside. For people to have a reason to save and invest, those who save and invest must have superior political power to those who do not. Children need fathers. For children to have fathers, fathers must have authority over their families. For the economy to function, property must be secure. For property to be secure, those who have property must have political power over those that do not.

The papacy goes pharasaic

April 27th, 2013

And, as always pharaseeism equals leftism. Read the rest of this entry »

Against female sexual choice

April 25th, 2013

Heartiste and Steve Sailer provide compelling evidence that females should not be allowed to make their own sexual and reproductive choices. Their hormones make them stupid. Thus we have a bunch of baby murderers running around who will doubtless repeat their parent’s choices. And here is another video of raging hormones on parade. Most females, upon meeting a seemingly high status male, will jump his bones given a few minutes of opportunity, which is why societies where virginity was important and illegitimacy disastrous kept fertile age women on a very tight leash. Read the rest of this entry »

Stimulus

April 24th, 2013

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 Bryan Caplan cares.

The thirty nine articles and the second book of homilies.

April 21st, 2013

The most successful recovery from a left singularity was the restoration, which created a counter theocracy, restoration Anglicanism, which lasted from 1660 to 1828.  Read the rest of this entry »

Japan succeeds in inducing inflation

April 20th, 2013

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. Read the rest of this entry »

Bitcoin as a speculative bet

April 14th, 2013

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, likely will not do so now.

But I am an intrinsic value investor.  What is the intrinsic value of Bitcoin? Read the rest of this entry »

Kermit Gosnell, partial birth abortion, and regulation

April 14th, 2013

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 the least possible skilled labor, he generally left his patients unattended, so they would frequently pop out a living, healthy, screaming baby before Gosnell got around to looking in on them.  So instead of killing the baby five minutes before birth, he would kill the baby five minutes after birth. There is much shock and horror about this ten minute delay.

Notice I have categorized this post under economics, not politics. I am not among those horridly outraged by this ten minute delay. Read the rest of this entry »