The Meritocracy of an Army At War What is meritocracy? Why is it cherished and self-justifying in some contexts, and an object of ridicule in others? I have been reflecting on these questions, and I think I figured it out how to think about it.... posted 6h ago with no replies (collapse hidden) log in to judge received The Meritocracy of a (view hidden) log in to judge received
In Defense of Finance It is fashionable to attack financial capitalism. But I think some of this impulse is misplaced. On a financial capitalist vs. industrial policy axis, I lean centre-financial capitalist.... posted 2w ago with no replies (collapse hidden) log in to judge received 6.0 6.0 In Defense of Financ (view hidden) log in to judge received 6.0 6.0
in thread "The New Economic Engine": At the risk of being anti-contrarian, I'll go with VC backed, and later publicly trading, AI & deep-tech startups, principally based out of hubs like SF, SoCal and Austin, run or controlled by founders and/or their hand-picked successors.... 2mo ago (collapse hidden) log in to judge received 4.2 4.2 At the risk of being (view hidden) log in to judge received 4.2 4.2
Make Capitalism Great Again Perhaps Hanania’s most noteworthy intellectual contribution was to ‘expose’ the legal basis of the proliferation of wokeness: the disparate impact doctrine. This implied a legal/administrative agenda to combat wokeness.... posted 2mo ago with 5 replies (collapse hidden) log in to judge received 12.7 12.7 Make Capitalism Grea (view hidden) log in to judge received 12.7 12.7 An interesting response, thanks. I would re-frame the exchange, there are two different kinds of capitalists: investors and operators; and this gives rise to the following 3 arrangements:... 2mo ago (collapse hidden) log in to judge received 7.2 7.2 An interesting respo (view hidden) log in to judge received 7.2 7.2 That was a tongue in cheek comparison I was making with the Hanania comparison but got lost in translation. Woke didn't come about because of civil rights, and yet disparate impact was critical to its proliferation. Ditto for managerialism, it didn't come ... 2mo ago (collapse hidden) log in to judge received 2.8 2.8 That was a tongue in (view hidden) log in to judge received 2.8 2.8