paleoneoliberal
@armsq17
unapologetically antisocialist
Harping on Lynn's estimates is so boring, outdated, and counterproductive. While Lynn may not have been the most meticulous scholar, his data turned out to be largely accurate and has been replicated using various proxies. And by the way, his estimates *strengthen* the…
Yes, those "national IQ" maps you see from time to time are bullshit.
"There are more things in heaven and earth than are dreamt of in Grievance Conservatism." --Hamlet, in Hamlet by William Shakespeare, author of Hamlet
The communist leader Pol Pot grew up relatively well-off and was introduced to Marxism and socialism while studying in France. But in a 1977 interview, he claimed he was born into a poor peasant family. You see this kind of thing a lot with affluent socialists today—cosplaying…
It's difficult to trust the Tories, but every European nation needs a Milei. With the youngest boomers set to retire soon, and ongoing population replacement only making things irrevocably and existentially worse, this might be Europe's last chance.
Kemi Badenoch: I want to be Britain’s Javier Milei (el fenómeno barrial @JMilei) telegraph.co.uk/news/2025/07/2…
The label "free banking" as applied to the U.S. system in the 19th century is an unfortunate (and perhaps malicious) misnomer. Much better examples of relatively free banking would be Canada and Scotland. For an excellent overview of historical episodes of free-ish banking, see…
It’s a shame that for many “free banking” is identified with antebellum U.S. state banking laws bearing that misleading title, for the term and counterparts (“la banque libre,” “bankfreiheit,” etc.) also refers to banking systems truly unhampered by misguided regulations. 1/
Indeed. More than a quarter of Londoners say they feel unsafe in their communities and have changed their behaviour in public.
The thing I forgot to mention in this thread is that it won’t show up in the data, but people adjust their behaviour to stop being victimised. “Crime is out of control” doesn’t necessarily mean “I’ve been mugged” it means you have to carry the cognitive load of avoiding it
Immigrants (including "asylum seekers") from majority-Muslim countries are overwhelmingly male. They are drastically overrepresented as suspects of rape (and other violent and property crime). Fiscally, they tend to be a net cost during their whole lifetimes (high unemployment…
UK Asylum seekers are not the most vulnerable people in the world. They are mostly military age males who have the resources to come all the way there. There are many far more vulnerable women, children and elderly around the world. Asylum seekers cost countries cost European…
This will soon be the case in most Western countries. Democracy is immoral and irreparable.
Why Democracy Dies in Deficits
Marriage patterns matter a lot. Monogamy + avoidance of cousin marriage created Western civilization. Henrich should be compulsory reading.
Marriage patterns are very important for civilization. Since the Middle Ages, Europe has followed a distinctive marriage pattern, largely avoiding polygamy and cousin marriage. In the book The WEIRDest People in the World, Harvard professor Joseph Henrich argues that this…
This is happening across all of Western Europe, and some of the most iconic European cities are already basically lost (London, Paris, Brussels, Rotterdam, even Vienna...). Non-Europeans migrate en masse to the largest (most productive) urban centers and drive locals away toward…
There is a lot of population movement out of the cities but they are replaced by international migrants. Still working on this database. More will follow at a later date.
It is not true that in the '50s more black children were born within marriage than white children in the US. Illegitimacy rates were always significantly higher among blacks, although it is true that they were much lower than they are today (for all races) and they increased…
To fully understand what happened to black American culture, we need to go back to the 50s, when more black children were born within marriage than white children. Then the US introduced the welfare state, the government took the weight of responsibility off black men, and the…
Mr. Jones is correct here. The fact that Acemoglu got the "Nobel" prize for coming up with tautologies and singaling uncandidness ilustrates this point well.
Dwarkesh wisely illustrates an key problem in social science: It's almost impossible to have a candid discussion about why some countries economically succeed and others fail, beyond near-tautologies like "productivity" and "institutions." Perhaps best to not discuss the topic.
Overlaying the two images of marriage patterns. Marriage patterns have a lot of explanatory power.
New working paper with @Pat_Horan92 where we provide a new decomposition of the inflation surge. Using a New Keynesian model, we show most of the inflation was caused by aggregate demand shocks. We also do a @jasonfurman decomposition with similar results (1/3) @JohnHCochrane