The Real Truth about NYC’s Elite High Schools

A couple days ago, the NYTimes published an op-ed proclaiming “The Truth about NYC’s Elite High Schools”. The truth, according to them, is the following: NYC’s elite high schools are a bastion of bias and discrimination. In order to remedy this, they need to abandon their current test-based entrance system, in favor of one that more … Continue reading The Real Truth about NYC’s Elite High Schools

Forget Basic Income – We need Guaranteed Employment

I’ve long been a champion of Basic Income. As we head towards an uncertain future where automation and offshoring becomes the norm, we need more safeguards to protect the most vulnerable members in our society. Instead of paternalistic welfare programs, full of bureaucracy and central planning, the idea of putting money directly in the pockets … Continue reading Forget Basic Income – We need Guaranteed Employment

Too Big To Fail: A Call for States’ Rights

In the wake of the 2008 crisis came the realization that our financial system is teetering on the brink, at the mercy of banks that are too big to fail. A lesson that’s hardly surprising to Software engineers who have known for decades that "God Objects", entities that are far too widely encompassing, produce intractable … Continue reading Too Big To Fail: A Call for States’ Rights

Dangerous Ideas

In communist China, those deemed to be promoting dangerous Capitalist ideas were subjected to severe crackdown under the Cultural Revolution. In Catholic 16th century Europe, those who promoted radical ideas that undermined mainstream Judeo-Christian beliefs, were locked up as heretics. In America during the Red Scare, those suspected of endorsing Socialist ideas were subjected to … Continue reading Dangerous Ideas

The Corruption We Abide By

Senators and Congressmen are forced to spend hours every day, making phone calls to the rich, listening intently to all their problems, promising them actions, and eventually, begging them for money. Presidential hopefuls, the leaders of their party and charismatic figureheads with supporters numbering in the millions, travel halfway around the country in order to … Continue reading The Corruption We Abide By

Buy Low, Sell High: The Worst Financial Advice of All Time

As someone who’s given a number of talks on personal finance, and managing your investments, there’s one piece of advice that I keep hearing from people over and over again. “Buy low, sell high”, they usually whisper to me in a sagely tone, as though they have discovered some profound truth that will solve all … Continue reading Buy Low, Sell High: The Worst Financial Advice of All Time