/economics/

It's The Asian Century
Dread it, run from it, something about the structure of American immigration, meritocracy, cursus honorum, elite status, wealth, etc. enables Asian Americans to dominate. The latest classes at Harvard, since SFFA and the overturn of affirmative action, hav... posted 2mo ago with 34 replies received history economics

It's The Asian Centu received

I'm gonna comment on this because this trope keeps coming up and I understand why but it's largely a projection.... 2mo ago received

I'm gonna comment on received

It's straightforward enough to create nouns or other concepts from (Classical) Chinese ad nauseum. The whole point during the Meiji Restoration was to have words that were from the West but had no previous equivalent.... 1mo ago received

It's straightforward received

Low Interest Rates Are the Problem
What are the consequences of low interest rates?... posted 1mo ago with 3 replies received economics

Low Interest Rates A received

The fundamental problem is neither interest rates too high nor interest rates too low. It's how interest rates are set.... 1mo ago received

The fundamental prob received

I think you hit the nail on the head. The original post is mostly due to the fact that low interest rates are the typical (and most recent) manipulation that has put us into our current situation. 1mo ago received

I think you hit the received

A Coming "AI" Correction/Winter?
With Facebook apparently making multiple $100M cash buyouts of individual AI researchers, billions and billions of investment dollars pouring in to AI related industry, and a general atmosphere of extreme hype, one starts to wonder where the matching profi... posted 2mo ago with 10 replies received superintelligence accelerationism economics

A Coming "AI" Correc received

We're at a point where AI solves freshly-written IMO and IOI problems. It's pretty clear which of those two options is closer to the truth.... 2mo ago received

We're at a point whe received

This seems right. While "next token prediction" is in principle a universal interface to the world, the transformer architecture is not a universal learner. We can see this in its handling of arithmetic. If it were a true universal learner that modeled the... 1mo ago received

This seems right. Wh received

BAP Contra Tivy: On Industrialism and China
In which BAP takes issue with our host: https://www.bronzeagepervert.yoga/p/american-industrialization-and-china... (www.bronzeagepervert.yoga) posted 1mo ago with 1 reply received economics

BAP Contra Tivy: On received

I haven't read it in detail yet but I have skimmed it and yeah I didn't find anything addressing the substance of Wolf's point, but more like attacking a bunch of other bad arguments that go around in the Trump right. I liked Tanner Greer's comment that th... 1mo ago received

I haven't read it in received

Intelligence vs Production
"Optimize for intelligence" says Anglo accelerationist praxis. "Seize the means of production" says the Chinese. Who's right? It is widely assumed in Western discourse that intelligence, the ability to comprehend all the signals and digest them into a plan... posted 5mo ago with 10 replies received superintelligence accelerationism economics

Intelligence vs Prod received

There can be surplus intellect, but in that case there's been a misallocation of resources and thus the system in toto isn't as intelligent as it could be. I agree that certain sub-spheres of Anglo thought have cultivated a kind of silly mystery cult of in... 5mo ago received

There can be surplus received

I'm reading BAP's recent post on China and America's stumbling about as it considers reindustrializing. In the below section BAP talks about the strength, albeit complicated, that grows out of our financial markets and reserve currency status. In short: ta... 2mo ago received

I'm reading BAP's re received

On accumulation
We know that speciation occurs as per Darwin's studies and observation from marine trawling.... posted 2mo ago with 7 replies received life economics

On accumulation received

It depends on the level of wealth you're looking at. There are a lot of people quietly stacking up their eight figures in tech and finance by being pretty good at something technical, being very good at office politics, and conscientiously making calculate... 2mo ago received

It depends on the le received

Bismarck's Latest on Northrop Grumman
Yesterday, Samo Burja of Bismarck Analysis and their "Briefs" newsletter/product wrote on Northrop Grumman's technological expertise (stealth capacities) and their shortcomings as an institution beholden to Pentagon & state-driven initiatives as well as (n... (finance.yahoo.com) posted 3mo ago with 7 replies received technology economics news

Bismarck's Latest on received

SpaceX has an internal ERP system called Warp Speed. From the people I know who work there, it is a significant part of what makes the company work as well as it does.... 3mo ago received

SpaceX has an intern received

Appreciate it.... 2mo ago received

Appreciate it.... received

"Dating", courtship, & market failures
PART 1... posted 2mo ago with 6 replies received eugenics life economics

"Dating", courtship, received

I’ll give a higher effort response later but one point i will be pedantic on: what is happening since the sexual revolution is not mating. Actual mating still largely happens on the traditional monogamous model, despite some decay around the edges. The s... 2mo ago received

I’ll give a higher e received

Great post and timing for it. Will write a related piece for the conversation soon.... 2mo ago received

Great post and timin received

Beauty Tycoons (Avetis Muradyan)
https://im1776.com/la-belle-epoque/ posted 2mo ago with 15 replies received history economics

Beauty Tycoons (Avet received

The example from the text about Rodolphe Salis could be a good counterpoint to this. Yes, there is no tastemaking aristocracy. Yes, the upper echelons of the merchant class is dominated by meme brained spreadsheet maximizers but this doesn't mean cultural ... 2mo ago received

The example from the received

Of course I agree with this. It can be rephrased thus: it is on the artists and intellectuals themselves to fund the cultural restoration, because the capitalists aren't going to help until we've already won. At best they will buy pieces once their merit i... 2mo ago received

Of course I agree wi received

Are the interests of capital and industry necessarily in conflict with health?
During Englands industrial revolution people rushed into the cities and there were many more people to feed. Wars restricted trade which led to a huge boom in the alcohol industry in England, along with this many dairy establishments moved into the city. T... posted 2mo ago with 6 replies received economics family

Are the interests of received

Instead of suggesting changes on the national level, which I don't believe any of us have control over, let's turn this into practical advice for people reading the thread. If we should ban seed oils, we should not consume seed oils, if the FDA should end ... 2mo ago received

Instead of suggestin received

Ray peat website has best articles on PUFA aka seed oils.... 2mo ago received

Ray peat website has received

Canada's economy at an inflection. Deep roots of youth unemployment
https://sphinxe.substack.com/p/canadas-economy-at-an-inflection posted 3mo ago with 5 replies received history economics

Canada's economy at received

This was depressingly lucid. Canada is fucking toast, in all likelihood it will never recover. Your post is more like a post-mortem. It's consistent with >>2964 in the Canadian context. Brazil to the South, Brazil inside, Brazil to the North. The two most ... 3mo ago received

This was depressingl received

Its a good question, I'd need to think about it. I have never followed Canadian politics closely but there's little hope except for Alberta and Quebec to gain some form of Nationhood ... the rest of the state doesn't exist as a nation in any meaningful sen... 3mo ago received

Its a good question, received

On the Erosion of Society, Erroneous Optimism, & what should replace it
By now, all can smell the new feeling in the air. Whether it be 53 BC Rome, 1787 France, or 1850s America, this pungent sensation is something all have felt prior to years of great change & strife. We may discuss the recent feuds in California, the instabi... posted 3mo ago with 10 replies received politics history economics

On the Erosion of So received

This is degrowth.... 3mo ago received

This is degrowth.... received

My understanding is that the biggest cities have always been fertility-negative on average for as long as we've had cities. But you are right that the most civilized types of men are the result of city-related selection. So what's going on? Would first of ... 3mo ago received

My understanding is received

Bitcoin Bolsheviks
Enough HODL.... posted 3mo ago with 3 replies received economics

Bitcoin Bolsheviks received

Not a bad explanation of how to salami-slice it given existing social rules and norms.... 3mo ago received

Not a bad explanatio received

The Megaproject Economy
Raises the question: what’s the closest human civilization has come to the megaproject economy? Pre-industrial societies had the mindset of distributing wealth to society scale projects. But they lacked industrial capabilities, so their “megaprojects�... (www.palladiummag.com) posted 4mo ago with 11 replies received history economics supercoordination

The Megaproject Econ received

What explicitly happened is that Western elites decided on a different megaproject: global race communism. The "Great Society" and "Global Development." That is where all this wasted money is going. Today, you can call this a political arrangement that can... 4mo ago received

What explicitly happ received

As a matter of historical fact, the communism part came first, then later the race part was added, and then the global part was added. 4mo ago received

As a matter of histo received

Pitching a pro-family culture
I'm building a company, although I'm bootstrapped solo right now. I want it to be the most pro-family culture in the world.... posted 4mo ago with 8 replies received eugenics life economics

Pitching a pro-famil received

Great experiment.... 4mo ago received

Great experiment.... received

I'm with the other anon >>3068 on advising against just training the kids into company-starting bourgeois mode of being. The interesting thing would be something closer to an Asian-style industrial conglomerate: take care of your people in their whole live... 4mo ago received

I'm with the other a received

Private capital is ethically indefensible and irreconcilable with the point of existence
"noblesse oblige" is a guilt-ridden liberal attempt to makeup for depravity (buttondown.com) posted 5mo ago with 1 reply received economics

Private capital is e received

What is the point of existence? What is the goal of society? This article seems to just make a bunch of unstated assumptions about how society ought to be a singular optimizer for some kind of collective fairness or something, and derive from that that we ... 5mo ago received

What is the point of received

Non-Linear Ethnic Niches. Arctotherium explains how diversity causes market fracture
https://www.aporiamagazine.com/p/non-linear-ethnic-niches posted 5mo ago with 2 replies received politics eugenics economics

Non-Linear Ethnic Ni received

“In-group members have access in that particular industry to more talent, more capital, more assistance via their ethnic and family connections.”... 5mo ago received

“In-group members ha received

The End of Strategy
The collapse Yarvin, Thiel, Vassar, Burja, Tivy, Anders, and Tallinn saw coming was real.... posted 5mo ago with 7 replies received rationality economics

The End of Strategy received

Collapse is not the end. Collapse is the winter.... 5mo ago received

Collapse is not the received

The Domestic Product. Ben Hoffman explains low fertility: we are poor where it counts
https://benjaminrosshoffman.com/the-domestic-product/ posted 6mo ago with 10 replies received history eugenics economics

The Domestic Product received

That sounds plausible to an economist, but "opportunity cost" is about what you value and how you narrativize the alternatives. It's not quite as simple as "people would rather have money than children", it's rather a whole lifestyle and worldview they've ... 5mo ago received

That sounds plausibl received

Thank you for the breath of fresh air. I wholly agree that status is not the most important factor. The economic arguments seem completely unconvincing as it doesn't explain how in terms of "leisure time, space, and childcare help" the average person was m... 5mo ago received

Thank you for the br received

The case for Trump's deficit-reciprocal tariff plan
I didn't get the Trump tariffs at first. It seemed like a hastily implemented half-thought economic trainwreck. Or at least that's what the stock market says. But now I think I understand some of the logic.... posted 6mo ago with 9 replies received politics economics news

The case for Trump's received

I have seen intellectuals propose quite a few different galaxy-brain explanations for why a philosopher-king might do something like Trump's tariffs. Each of these explanations is internally coherent, but they're quite different from each other and often c... 6mo ago received

I have seen intellec received

this criticism sounds wise but it has no substance. Who even is invoking global macro doomerism, moral narratives, or the "global trading system"? CTRL-F tells me its only you, anon. The basic subject at hand is the financial unsustainability of a trade de... 6mo ago received

this criticism sound received

Trump is crashing the financial economy with no survivors. Is this OK?
I see a lot of people complaining about tariffs and stock market crash and all this. We all knew Trump's agenda was gong to hit the fake economy hard. But maybe it's hitting the real economy too, and maybe for no good reason. I have no opinion but I'm curi... posted 7mo ago with 4 replies received politics economics

Trump is crashing th received

Loaded question. Trump is not crashing anything--market participants determine market pricing. Trump's recent policy initiatives have reduced investor confidence, at least over a short or medium-term duration. The markets are fickle, and contain many diffe... 7mo ago received

Loaded question. Tru received

If tariffs were going to cause short term pain but long term gain, then financial markets would be reacting favorably. They're not.... 6mo ago received

If tariffs were goin received

Will All Our Drugs Come From China?
This is a fascinating article. In new molecular entities count (i.e. drugs entering clinical research pipeline) China has already surpassed EU and is rapidly catching up to US. All the major western pharma companies are licensing drugs from china and expan... (atelfo.github.io) posted 9mo ago with 1 reply received politics economics

Will All Our Drugs C received

Interesting. I'm skeptical of the existence of beneficial drugs. I always thought it was a dumb cope when Americans are like "yeah China might control the means of production but our pharma industry is bigger. It's like having a bigger entertainment indust... 9mo ago received

Interesting. I'm ske received

Hedging Against Economic Depression
As you all are aware, the U.S. has been experiencing tremendous levels of inflation recently. Much of this is a post-COVID stimulus reaction.... posted 1y ago with 15 replies received economics news

Hedging Against Econ received

I have a finance friend who owns a lot of equity in farmland as part of his prepper-oriented portfolio. 11mo ago received

I have a finance fri received

The Drone Question. Is America screwed by lack of industrial capacity?
The war in Ukraine is teaching us that explosive hunter-seeker drones, FPV piloted or autonomous, are shockingly overpowered. Flying panzerfausts are wrecking armor for fractional cents on the dollar, and flying grenades are blowing the legs off of boys wh... posted 1y ago with 40 replies received technology economics

The Drone Question. received

Buying drones doesn't particularly help you build drones. Unless it's just a handful for reverse engineering and inspiration. I think if your drone sports were to be leveraged into something industrially useful, it would start by making drones do something... 1y ago received

Buying drones doesn' received

consumer demand is a complete red herring here. Consumers should not be buying drone swarms or even thinking about it. The question is whether hackers are building novel stuff and then getting into manufacturing, and then whether the manufacturing ecosyste... 1y ago received

consumer demand is a received

Why don't people realize that 'high software profit margins' are fugazi?
The popular reason pure software companies have great profit margins is for marginal investment in providing the product/service to more users, given software's replicability. That's the reason everyone likes to repeat.... posted 1y ago with 19 replies received politics technology economics

Why don't people rea received

If we're going to delve into economics, I would advocate including the modern Austrians in addition to the conventional neoclassical authors like Marshall.... 1y ago received

If we're going to de received

How to Found a Great House
https://mythpilot.substack.com/p/how-to-found-a-great-house posted 2y ago with 16 replies received economics

How to Found a Great received

There are some interesting ideas about how to implement societal scalability around similar tenets:... 2y ago received

There are some inter received