In past articles, we have discussed how big-corporations, particularly in the financial industry, put at risk our economy and financial system. Recent events around Gamestop trading, have served as a perfect illustration of the risks and dangers inherent to Big Banks. Context: There has recently been a frenzy of trading activity in shares of Gamestop. … Continue reading GaME On – Big Corporations are Harmful to the Free Market
When your father suffers a heart attack and needs emergency surgery, who would you rather have operating on him? An inspiring doctor who lost an arm in a tragic car accident, and still heroically manages to attain an average level of success as a surgeon?Or the son of a multimillionaire who has breezed through life … Continue reading Meritocracies Are Unfair – And That’s The point
Anyone who reads this blog regularly knows that I never shrink away from controversial opinions and unusual ideas. Not least of which is my belief that we should conduct elections using randomly selected juries in a court of law, not mass voting. When I tell people of this idea, I’m usually met with blank faces … Continue reading Reasons to Replace the Popular Vote
Conventional opinion says that there are 2 main camps in American politics, when it comes to wealth redistribution. You have one camp that is opposed to wealth redistribution as a principle. They believe that economic policy should be designed to generate as much aggregate wealth as possible. And when it comes to distribution, let the … Continue reading Both Parties Support Wealth Redistribution – They Just Disagree On Who Should Get It
If you're a single-digit millionaire like Hulk Hogan, you have no effective access to our legal system.Peter Thiel If I didn't have some money, I would have no chance at all.OJ Simpson A patent troll is a company formed for only one purpose—to purchase patents and assert them broadly against real, productive companies. The point … Continue reading A Radical Proposal for Legal Reform – Equal Representation
I look to a day when people will not be judged by the color of their skin, but by the content of their character.Martin Luther King Jr. One of the disappointing aspects of race discussions in the media today, is that they predominantly focus on anecdotes and sensational examples. Stories are wonderful at illustrating truths, … Continue reading Quantifying Racial Segregation by State and City
Pop quiz: Which country inflicted the most Nazi casualties in WW2? Would it surprise you to learn that the answer is the Soviet Union… and that USA is not even a close second? That even British historians considered the Red Army to be "the main engine of Nazism's destruction"? To quote an Irish historian and … Continue reading How You Can Use Stories to Hack the Human Brain
In the 1700s, when the British started selling Opium to China, it proved to be extremely lucrative. British ships were able to procure opium at extremely cheap prices, and sell them to China at vastly inflated markups. The primary market for this opium was Chinese laborers, who used it to get high and forget the … Continue reading Prosperity comes from Investments, not Consumption
For my friends everything, for my enemies the lawÓscar R. Benavides, President of Peru Not many know about this, but Hitler had a soft spot in his heart for at least one Jewish person. Eduard Bloch was an Austrian doctor practicing in Linz (Austria) and until 1907 the physician of Adolf Hitler’s family... Bloch was … Continue reading To Be Right, Live A Principled Life
I am a worrier. I worry constantly about things that other people seem to just take in stride. I worry about the things that could go very wrong in my life, and what I can do to pre-empt or mitigate them. At different times in my life, I have worried intensely about: Being unemployedDying aloneMy … Continue reading Be Very Afraid of Being Too Afraid
