Videos uploaded by user “Mod Tremilliatrecendotrigintillion”
Koyaanisqatsi Explained in Two Minutes
"Life unquestioned is life lived in a religious state." ~Godfrey Reggio
Camille Paglia on "Mercenary Careerists" in Universities
This is an excerpt from a talk by Camille Paglia about her compilation of essays, Free Women, Free Men: Sex, Gender, Feminism, which explores feminism and empowering men and women. https://www.c-span.org/video/?425137-2/camille-paglia-discusses-free-women-free-men
Dire Straits - Solid Rock (On the Night)
On the Night was recorded in May 1992 at Les Arenes in Nîmes, France, and at Feijenoord Stadion in Rotterdam, The Netherlands. The structures depicted in the slideshow are still standing after 1500+ years! Modern builders and masons can't even make concrete! http://www.smithsonianmag.com/history/the-secrets-of-ancient-romes-buildings-234992/ https://en.wikipedia.org/wiki/List_of_oldest_buildings https://en.wikipedia.org/wiki/List_of_Roman_bridges http://gizmodo.com/17-of-the-oldest-man-made-structures-on-earth-still-in-508293601
Al Bundy & Marcy D'Arcy Predict Trump & Hillary
Married With Children predicted Ronald McDonald vs. Capital HillBilly. Marcy also made some provocative comments about rising interest rates. An episode of the 1950s western TV series 'Trackdown' featured a snake oil salesman named 'Trump' who promised to build a wall in order to prevent the end of the world. Also see my video on Back to the Future. https://www.snopes.com/fact-check/trackdown-trump-character-wall/ "Court Refuses to Reinstate Travel Ban, Dealing Trump Another Legal Loss" (NYT - FEB. 9, 2017) "Judge blocks Trump Order on Sanctuary City Money" (AP - APR. 25, 2017)
Leslie Fiedler Predicted Bob Dylan's Nobel Prize
Ironically, Leslie Fielder has had some major criticisms of American literature, specifically in his best-known work, Love and Death in the American Novel, which made similar arguments as his fellow Western New Yorker, John Gardner, in regard to the inability of American literature to grow up and confront adult realities, instead of indulging in Gothic and sentimental pornography. However, Gardner was a defender of aristocracy and traditional morality, calling modern fiction "tinny, commercial, and immoral." Harold Bloom certainly took up arms against the academic mediocrity of David Foster Wallace and assaults on the Western canon but still gives passing grades to a lot of self-absorbed, post-modern academic snobbery that is both elitist and trash. https://www.youtube.com/watch?v=cDoGLBBC0BQ
Rand Paul on Government Waste Spending
"a" is actually an indefinite article determiner but this is just the tip of the iceberg. The Pentagon has used tens of trillions of accounting adjustments and Medicare is overpaying by massive amounts in the outrageously overpriced medical industry, which is getting towards 20% of GDP. Science funding is one of the most overrated forms of government spending and mimics the absurdity of make-work we see in academia. The waste is just a cynical ploy to create jobs. Much of government education has been debunked by sheepskin, memory retention, twins and savant studies, but government keeps spending more. While Paul is right to be worried about busting through spending caps and building tens of trillions of debt, the private economy is even in worse shape when it comes to debt accumulation. https://www.cagw.org/reporting/pig-book https://www.paul.senate.gov/issues/waste-report-waste-us-government https://www.usnews.com/news/slideshows/rand-pauls-festivus-reveals-1b-in-wasteful-government-spending?slide=11 http://www1.cbn.com/cbnnews/politics/2015/November/Fed-Fumbles-Add-Up-to-Ridiculous-Waste https://www.washingtontimes.com/news/2017/nov/27/james-lankfords-government-waste-report-totals-ove/ http://thehill.com/opinion/national-security/388444-do-we-really-need-716-billion-for-the-pentagon https://www.cbsnews.com/news/10-most-outrageous-ways-government-wastes-your-money/
Final Events (Nick Redfern Interview)
Nick talks in depth about his new book FINAL EVENTS. Demons, fundamentalism, occult rituals, secret government think tanks, Alister Crowley, heavy-handed satanic deception and plans for global control all collide together. http://hiddenexperience.podbean.com/2010/10/26/nick-redfern-interview/ http://eventsfinal.blogspot.com https://www.coasttocoastam.com/guest/redfern-nick/6259 Interestingly, John Keel found that most UFO cults almost always predict a coming one world order, just like globalist politicians. This has been true deep into the past, such as with John Dee and Edward Kelly. It's obviously a demonic plot. https://www.amazon.com/Eighth-Tower-Ultraterrestrials-Superspectrum/dp/193839819X http://www.amazon.com/Disneyland-Gods-John-Keel/dp/1499105495/ http://mysteriousuniverse.org/2018/05/a-strange-tale-of-aleister-crowley-john-dee-and-loch-ness/
The American Faust Bedazzled (Morris Berman)
The Promethean trickster tries to steal the fire but always gets burned. America is the Devil's mirage, full of plastic crap and bought with plastic cards charging 21% interest. The McMansions were bought at "teaser" rates. An ersatz stream of images and virtual hyperreality ensnares one in poor substitutes for lived experience. Christopher Lasch wrote that "the model of ownership, in a society organized around mass consumption, is addiction." Who would have thought such addiction would degenerate into popping Prozac, gobbling Viagra and shooting heroin? The regressive narcissists of America don't so much deny death as simply forget about it. With proper perspective, their careerist and materialist priorities would sink down the list. Just remember, on a long enough timeline, oil goes to zero. "Just remember that Hillary is a Botox-filled douche baguette, and you'll never go wrong." ~Morris Berman http://morrisberman.blogspot.com
Joseph Tainter on Complexity Out of Control
I updated the Wiki entry on the Solow Paradox: "Acemoglu, Autor, Dorn, Hanson & Price (2014) have revisited the issue to find that 'there is...little evidence of faster productivity growth in IT-intensive industries after the late 1990s. Second and more importantly, to the extent that there is more rapid growth of labor productivity...this is associated with declining output...and even more rapidly declining employment.'[21] In fact, up to half of the growth of U.S. healthcare spending is attributable to technology costs.[22] Additionally, computers and mobile phones are continually cited as the greatest reducers of workplace productivity by means of distraction.[23]" I also updated the Wiki entry on economic freedom indices: "In a review of the literature, Lawson and Hall documented that '[o]ver two-thirds of these studies found economic freedom to correspond to a 'good' outcome such as faster growth, better living standards, more happiness, etc. Less than 4% of the sample found economic freedom to be associated with a 'bad' outcome such as increased income inequality.'[8][9] Furthermore, supporters contend that the size of government has shown correlations with negative growth.[10][11][12][13][14]" Here are some other interesting links: http://accelerating.org/articles/InnovationHuebnerTFSC2005.pdf http://images.info.science.thomsonreuters.biz/Web/ThomsonReutersScience/%7Ba330c5ca-6d8e-4a7b-b725-4fb44138bea9%7D_tr-soi-final-single_20150526.pdf http://www.itworld.com/article/2725085/big-data/curiosity-about-lines-of-code.html http://www.itworld.com/article/2985099/application-management/thats-one-big-repository-heres-how-many-lines-of-code-google-has.html https://arstechnica.com/information-technology/2017/02/microsoft-hosts-the-windows-source-in-a-monstrous-300gb-git-repository/ http://www.truth-out.org/news/item/35817-we-could-be-witnessing-the-death-of-the-fossil-fuel-industry-will-it-take-the-rest-of-the-economy-down-with-it http://www.insulinalgorithms.com/us-ranks-50th/ https://www.washingtonpost.com/news/to-your-health/wp/2016/05/03/researchers-medical-errors-now-third-leading-cause-of-death-in-united-states/?utm_term=.2bdd80a01790 http://content.healthaffairs.org/content/34/3/390.abstract http://naturalsociety.com/prescriptions-drugs-now-the-leading-cause-of-death-by-overdose/ https://www.researchgate.net/publication/11842119_Heritability_of_life_span_in_the_Old_Order_Amish http://innovationstats.com/Papers/Systems%20Research%20Aug2010.pdf http://healthaffairs.org/blog/2015/04/01/revisiting-mortality-versus-survival-in-international-comparisons-of-cancer-care/ https://www.academia.edu/3636103/Beyond_GDP_Measuring_and_Achieving_Global_Genuine_Progress https://www.hks.harvard.edu/content/download/74695/1687293/version/1/file/Final_State_and_Fate_Lux_Greene.pdf http://rooseveltinstitute.org/disgorge-cash-disconnect-between-corporate-borrowing-and-investment-1/ http://www.dh.gov.hk/english/statistics/statistics_hs/files/Health_Statistics_pamphlet_E.pdf
Philip Bailey, Phil Collins - Easy Lover (Faster Tempo)
Great song only superficially about a human relationship (like Invisible Touch) but it needed a little faster tempo. Don't believe me, just compare: https://www.youtube.com/watch?v=2aJ2Vh_e2dQ
Seeing Like a State by James C. Scott (Review)
Francis Fukuyama: "This important book dispenses with ideological posturing and tries to explain systematically why it is that states have so often failed in their ambitious projects to engineer society or the natural environment, leading to counterproductive if not disastrous outcomes. While this theme has become a commonplace, the author's choice of cases is fascinating and goes well beyond the familiar ones like Soviet collectivization. He begins with scientific forest management in Germany that planted trees in straight rows without regard for ecological diversity, continues through the high urban modernism of Le Courbusier that led to unlivable cities like Brasilia, and the forced resettlement of people into villages in Tanzania. States (and this can apply to large corporations as well) want to simplify reality and fit it into their own administrative categories, inevitably discarding local knowledge that is often critical to managing the complexities of social life and the natural environment. In addition, the ideology of high modernism regarded surface order as an aesthetic value in its own right, leading planners to bulldoze older tenement neighborhoods that contained dense social networks for sterile high-rise developments that atomized their inhabitants. When coupled with the coercive power of the modern state and a weak civil society, these tendencies resulted in disasters like the Great Leap forward. In place of the arrogance of twentieth-century planners, the author recommends reliance on what he labels metis, a more practically and locally rooted kind of knowledge. My only criticism is that the author left out an already-written chapter on the Tennessee Valley Authority -- America's great foray into large-scale social engineering -- for reasons of space." https://www.foreignaffairs.com/reviews/capsule-review/1998-07-01/seeing-state-how-certain-schemes-improve-human-condition-have https://mises.org/library/seeing-state
XIV: Most Dangerous Trade in the World?
Unusual volatility bet could be ‘the most dangerous trade’ (Thursday, 6 Jul 2017): "It shouldn't be too surprising that the XIV exchange-traded note, which is designed to deliver the inverse performance of the well-known CBOE Volatility Index (or the VIX) on a daily basis, is attracting fresh attention after surging as much as 87 percent this year." http://www.cnbc.com/2017/07/07/money-is-rushing-into-the-most-dangerous-trade-in-the-world.html https://www.fxstreet.com/analysis/the-three-biggest-lies-about-volatility-201706282321
Free Trade Doesn't Work (Ian Fletcher)
Ian Fletcher and Ha-Joon Chang have totally demolished the theories of free trade by actually examining economic history, instead of reasoning in circles with ideology. Even the story about the infamous Smoot–Hawley tariff turns out to be a complete and total myth, invented by the economics profession. In fact, the modern income tax came from the elimination of tariffs. The greatest economic success stories in human history, like the economies of East Asia, came from following the advice of Alexander Hamilton and Friedrich List. This country is so extremist, Rand Paul and Ted Cruz get criticized for supporting a VAT. https://www.amazon.com/Free-Trade-Doesnt-Work-Replace-ebook/dp/B004UI6XL8/ https://www.amazon.com/Bad-Samaritans-Secret-History-Capitalism-ebook/dp/B003Z9L4NA/ http://www.freetradedoesntwork.com/index.html https://www.nationalreview.com/2015/11/ted-cruz-rand-paul-vat/
Tucker Carlson Mocks John Bolton
Trump picked a real crank with this one. As part of a discussion about which nation represents the greatest threat to the U.S., Bolton stated his view that Iran presents the most danger. Carlson asserted that Iran became empowered as a result of the overthrow of Saddam Hussein. https://www.mediaite.com/online/john-bolton-and-tucker-carlson-knock-heads-in-tense-foreign-policy-clash-your-analysis-is-simpleminded/
Education Reduces Social Mobility (Richard Reeves)
Résumé pageantry is an aristocratic institution and education worsens the divide. Studies on education show that it doesn't add to economic growth but perpetuates class distinctions and promotes a world where the rich can't fail. You can't have a dynamic capitalist economy without creative destruction. We focus too much on the poor reaching unrealistic goals and too little on the upper 20% being too coddled and not tested by the real world of profit and loss. Sore loser capitalism calls for cheap debt, backstops, tax loopholes, subsidies, rent seeking, labor cartels, bailouts, uptick rules and bans on short selling, etc... From Reeves' Introduction to Dream Horders: "However messily it is expressed, much of the criticism of our class is true. We proclaim the 'net' benefits of free trade, technological advances, and immigration, safe in the knowledge that we will be among the beneficiaries. Equipped with high levels of human capital, we can flourish in a global economy. The cities we live in are zoned to protect our wealth, but deter the unskilled from sharing in it. Professional licensing and an immigration policy tilted toward the low-skilled shield us from the intense market competition faced by those in nonprofessional occupations. We proclaim the benefits of free markets but are largely insulated from the risks they can pose. Small wonder other folks can get angry....more than a third of the demonstrators on the May Day 'Occupy' march in 2011 had annual earnings of more than $100,000...the size and strength of the upper middle class means that it can reshape cities, dominate the education system, and transform the labor market. The upper middle class also has a huge influence on public discourse, counting among its members most journalists, think-tank scholars, TV editors, professors, and pundits in the land... Postsecondary education in particular has become an 'inequality machine.' As more ordinary people have earned college degrees, upper middle-class families have simply upped the ante. Postgraduate qualifications are now the key to maintaining upper middle-class status. The upper middle class gains most of its status not by exploiting others but by exploiting its own skills. But when the income gap of one generation is converted into an opportunity gap for the next, economic inequality hardens into class stratification. Even if the motives and means adopted by the affluent are entirely noble and fair (which, as we will see, they are sometimes not), the result is the reproduction of status over time. Class rigidities of this kind may blunt market dynamism by reducing the upward flow of talent and leaving human capital underutilized among the less fortunate. Market competition is not only essential for growth and prosperity; it also provides an opportunity for meritocratic social mobility, but only if there are fair chances to acquire the kind of merit that is being rewarded. Right now we have meritocracy without mobility.... Three opportunity hoarding mechanisms stand out in particular: exclusionary zoning in residential areas; unfair mechanisms influencing college admissions, including legacy preferences; and the informal allocation of internships. Each of these tilts the playing field in favor of upper middle-class children. Brink Lindsey and Steven Teles see these as evidence of a 'captured economy.' Reihan Salam dubs it 'incumbent protection.' I call it a glass floor, which protects the upper middle class against the risk of downward mobility....Opportunity hoarding is bad for society in the same way that commercial market rigging is bad for the economy. It is good that parents want the best for their kids, just as it is good that company directors want to make profits. But companies should make their profits by competing fairly in the marketplace. That’s why we stop them from forming cartels. In just the same way, we need to stop parents from rigging the market to benefit their own kids. Right now, the markets that shape opportunity, especially in housing and education, are rigged in our favor." http://educationnext.org/the-rich-get-richer-book-review-dream-hoarders-richard-v-reeves/
Rana Foroohar on Financial Parasitism
The end of the Bretton Woods system led to persistent trade deficits, lower interest rates, expanding financialization and lower growth. Business investment has declined during this period and the cheap debt goes into buybacks and monopolization. Modern levels of debt are set by demand and not supply, as our printed trade deficit and petrodollars return from the world to join our existing domestic mountains of hot money debt. The modern fed and fractional reserve banking system has placed no effective limits to lending and governments use floating exchange rates to fix their currencies. No sound money = low growth & bloated governments.
Our Useless Constitution (Thomas DiLorenzo)
Our founding fathers were just a bunch of bumpkin lawyers. America succeeded despite their scribbling on parchment.
Rumsfeld on Pentagon Waste the Day Before 9/11
Amazing remarks from Donald Rumsfeld the day before 9/11 on the massive waste at the Pentagon and its outdated Cold War objectives. Rumsfeld announced $2.3 trillion dollars unaccounted for and the budget analysis office at the Pentagon was hit the next day on 9/11. A CBS news piece had a story about whistleblowers in the Pentagon with Rumsfeld's remarks: On Sept. 10, Secretary of Defense Donald Rumsfeld declared war. Not on foreign terrorists, "the adversary's closer to home. It's the Pentagon bureaucracy," he said. He said money wasted by the military poses a serious threat. "In fact, it could be said it's a matter of life and death," he said. Rumsfeld promised change but the next day – Sept. 11-- the world changed and in the rush to fund the war on terrorism, the war on waste seems to have been forgotten. http://www.cbsnews.com/news/the-war-on-waste/ The reports of massive waste continue: https://www.jacobinmag.com/2018/01/pentagon-budget-government-spending-military https://missingmoney.solari.com
Alan Kay and Andrew Tanenbaum Refute Bloatware
Squeak ran in 2.8 MB with an IDE at about 1.6 MB. Minix might have code that uses the MMU (can theoretically be done at compile time) and it still uses synchronization queues but its size is merit enough. 100 million SLOC is not all inlining folks. Optimization tricks by those like Jochen Liedtke make performance issues minimal. Furthermore, performance can be improved with HARDWARE SUPPORT! Imagine that. Imagine even some assembly optimization like with the (GUI OS + applications) MenuetOS/KolibriOS that FITS ON A 1.44MB FLOPPY! Get that? Q: You have wrote the whole OS in a x86 assembly. How much speed you think you gained by using asm-only when compared writting the source in C or C++? Ville Turjanmaa: Parts of Linux was rewritten in assembly and the speed gain was 10-40%. That will give an idea.
School Quality Doesn't Matter (Robert Plomin)
Twins studies directly counter Raj Chetty & Eric Hanushek’s arguments about school and teacher quality: https://drive.google.com/open?id=1XlrMi9DD7KT2iCA3-dOye_NQCdIRNLLJE56X0gTuyB8. Any small effects we find fade. There is no evidence to support the length, emphasis or funding of modern schooling. "Academic achievement consistently shows some shared environmental influence, presumably due to the effect of schools, although the effect is surprisingly modest in its magnitude (about 15% for English and 10% for Mathematics)" https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4739500/ "As teachers gain more experience, their impact on both reading and math test scores rises, however, the effect wanes as additional experience is obtained. The coefficient for an advanced or a master’s degree is very small and is statistically indistinguishable from zero" https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2566070 "Teacher experience in class matters most in grade 2 (kindergarten): an additional year of experience in class raises test scores by approximately 1.5 % of a standard deviation. Teacher experience becomes less important in higher grades." https://www.cpb.nl/sites/default/files/publicaties/download/dp294-teacher-quality-and-student-achievement.pdf "On the basis of the results we estimate that the maximum variance accounted for by being assigned to same or different classrooms is 8%. This is an upper-bound figure for a teacher effect because factors other than teachers may contribute to variation attributable to classroom assignment." https://theconversation.com/genes-arent-destiny-but-teaching-isnt-everything-either-10561 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2830009/ "there has been a lot of nongenetically sensitive research on this subject, which concludes that school quality may be a red herring that has little or no causal relationship with academic achievement...Teacher quality tends to be variable even within a school, something that any parent watching their child go through consecutive classes in a single school will recognize. Also, it is likely that even the very best teachers are not similarly effective for all children and that genotype–environment correlations are at play here unless the teacher is completely sensitive to individual needs and leads a fully personalized classroom...School quality doesn’t matter all that much but the interface between genes and experience, between a mother and her language-learning toddler, or a teacher and her math-averse student, really does." (p. 136-139 of G is for Genes by Robert Plomin, 2013) "It was surprising to us to find such strong genetic influence on educational achievement in the early school years, and now, as seen in the present results, at the end of the compulsory school years as well. The surprise stems from thinking that, as these subjects are taught at school, differences in educational achievement are primarily due to differences in teaching. This thinking is not entirely wrong-headed: differences between schools account for about a third of the variance in educational achievement [22]. However, most of the variance in achievement lies within schools: that is, children within a school differ widely in their performance. Teachers within a school account for some variance, but children in the same classroom also differ widely in their achievement [14]. Neighbourhoods within a school district account for perhaps 10–15% of the variance, but at least half of this variance can be attributed to differences between families [12]." http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0080341 "Twin studies find ~20% of the variance in achievement in public examinations taken at age 16 in the United Kingdom can be explained by experiences not shared within families." http://journals.sagepub.com/doi/full/10.1177/2332858416673596 It’s also interesting to note that SES seems to only have a noticeable effect in the US: “Interestingly, our data, showing an absence of SES influence on heritability of school achievement, are in line with a major international review that has shown that the gene-by-SES interaction identified in US samples does not hold in western Europe and in an Australian study of IQ.” https://theconversation.com/for-australian-students-academic-potential-still-outweighs-social-circumstances-82441 "Using twin (6,105 twin pairs) and genomic (5,825 unrelated individuals taken from the twin sample) analyses, we tested for genetic influences on the parent-offspring correspondence in educational attainment. Genetics accounted for nearly half of the variance in intergenerational educational attainment." http://journals.sagepub.com/doi/full/10.1177/0956797617707270 Memory studies debunk education: https://www.youtube.com/watch?v=FMtGvD9o0Oc Source: http://www.bbc.co.uk/programmes/b06j1qts
Why Don't Physicists Read John Bell?
Bill Unruh gives a lecture trying to dispel realism but never read EPR or Bell. Unruh's point about counterfactuals is not assumed by Bell. Quantum mechanics is nonlocal and Bell showed that all attempts to restore locality with "hidden variables" fail. The spacelike correlations hold whether you assume predetermined values or not. Bell's lambda can be psi. "The genius of Bell’s argument lies in its simplicity and its generality. Bell’s theorem is not about quantum mechanics or quantum field theory or any theory in particular, it is not confined to the 'classical' domain or the quantum domain or a relativistic or non-relativistic domain, it is a meta-theoretical claim, excluding (almost) all possibilities of a local explanation for the statistical correlations observed in the so-called EPR-experiments." https://arxiv.org/pdf/1310.1489.pdf "Bell’s Theorem was developed as an effort to investigate whether nonlocality must be a necessary feature of realistic formulations of quantum theory. The result was of course, that all theories featuring local hidden variables must conflict with the quantum mechanical predictions. As compelling as this may be in itself, this is not yet the full story, as Bell showed in further papers.28 Bell directed attention to the Einstein–Podolsky–Rosen paradox and its implications, and showed that by considering this argument in conjunction with his own theorem, a different result follows. What is implied by such a combination is that the empirical predictions of quantum mechanics are in conflict with any local theoretical explanation one might consider.29 The essential point involved in the derivation of this result is that hidden variables constitute a non-basic premise when one views the conjunction of Einstein–Podolsky–Rosen Theorem and Bell’s Theorem as a complex argument. What can be said regarding the possibility of objective interpretations of quantum phenomena? While there is no contradicting the notion that local realistic theories must be ruled out, we see also that the quantum theory itself conflicts with all local theoretical explanations. Quantum theory may be called irreducibly nonlocal. Therefore, the EPR/Bell analysis does not serve to distinguish quantum mechanics from a candidate hidden variables theory, but simply reveals that every viable formulation of quantum physics must exhibit such nonlocality." https://www.springer.com/us/book/9783642234675 "We have reviewed J.S. Bell’s formulation of relativistic local causality, including a careful survey of its conceptual background and a sketch of its most important implications. We have stressed in particular that Bell’s formulation does not presuppose determinism or the existence of hidden variables (or any of the other sorts of things that are sometimes blamed for the empirical violation of Bell-type inequalities) but instead seems plausibly to just capture the intuitive idea, widely taken as an implication of special relativity, indicated in Figure 1 – namely, the idea that causal influences cannot propagate faster than light. And as we have seen, taking now the “no conspiracies” assumption for granted, the empirically-violated CHSH inequality can be cleanly derived from Bell’s concept of local causality without the need for further assumptions involving determinism, hidden variables, “realism” or “classicality” (whatever exactly those ideas mean), etc." https://arxiv.org/abs/0707.0401 "Bell showed in 1964 that locality and determinism cannot both be true. Some people have taken that to imply indeterminism, choosing to keep locality. However, a deterministic model (Bohmian mechanics) exists that reproduces quantum theory, while violating locality. One may reject this or similar models on other grounds (e.g. elegance, symmetry, etc.), but Bell’s theorem cannot be used to that end. Furthermore, Bell later showed that the stronger concept of local causality also implies Bell inequalities and must therefore be false. So even if one chooses to reject determinism, the resulting indeterminism still has a nonlocal character, by Bell’s later argument." https://link.springer.com/article/10.1007%2Fs10701-012-9669-1 Bill Unruh's talk: https://www.perimeterinstitute.ca/videos/quantum-mechanics-not-non-local
Nobel Laureate Robert Laughlin Dismisses Quantum Computing
I agree with Nobel Laureate Robert Laughlin that quantum computers are the perpetual motion machines of the 21st century. Essentially, researchers are rediscovering the limits of analog computing. Strictly speaking, quantum mechanics only gives the expectations of observables and Turing complexity arguments can't simply be run backwards. The Born rule is metaphysical fluff, while amplitudes can be positive, negative, spinor, vector, complex. Amplitudes interfere and not probabilities. Probability is only an interpretation and the uncertainty principle does not imply computational speedups. Probability is used in quantum mechanics for the same reason it's used in classical physics, namely to account for variations in experimental outcomes. Unlike Gil Kalai and Bill Unruh, I think quantum computers aren't going to work from an epistemic account of quantum mechanics. Also, like Paul Davies, I think their exponentially large states are unphysical. They grow absurdly large by the time you reach 400 qubits. Quantum security is also a scam that does not provide provable real-world security and routing, while quantum-proof classical algorithms already exist alongside perfectly-working key exchange (not even strictly needed for XOR encryption with a one-time trusted physical exchange). It's a waste of money and STRICTLY goes beyond the predictions of quantum mechanics. That is a FACT. https://mathoverflow.net/questions/302492/on-mathematical-arguments-against-quantum-computing/302754
The Explosion of Bullshit Jobs
David Graeber and Rutger Bregman discuss the amazing explosion of bullshit jobs, where the political and economic goal of full employment has led to the greatest and most expensive welfare system of all time. Libertarians, like Milton Friedman and Charles Murray, have called for a negative income tax to fix the welfare state and reduce waste but it may also become the solution to the problem of technological unemployment. The parasitism of bullshit jobs is only adding cost increases to the GDP but don't say this stuff out loud (office volume) because it's taboo for the branded cattle and their Coke and Pepsi politics. That's why they were served an orange swan Ronald McDonald with a fool Trump card to be Chauncey Gardner in Chief. "Smoothness and repetitive order, the attributes of teeth, enter into the very nature of the power structure." ~ Marshall McLuhan (Culture Is Our Business) Comments have been disabled: "Both left-and right-wing ideologies, in any case, are now so rigid that new ideas make little impression on their adherents. The faithful, having sealed themselves off from arguments and events that might call their own convictions into question, no longer attempt to engage their adversaries in debate. Their reading consists for the most part of works written from a point of view identical with their own. Instead of engaging unfamiliar arguments, they are content to classify them as either orthodox or heretical. The exposure of ideological deviation, on both sides, absorbs energies that might better be invested in self-criticism, the waning capacity for which is the surest sign of a moribund intellectual tradition." (Christopher Lasch, The Revolt of the Elites and the Betrayal of Democracy, 1996) https://newrepublic.com/article/103051/chip-fools Links: https://www.weforum.org/agenda/2017/04/why-its-time-to-rethink-the-meaning-of-work/ https://www.amazon.com/David-Graeber/e/B001IQXM5K https://singlemotherguide.com/federal-welfare-programs/ http://www.sciencedirect.com/science/article/pii/S0921800913001584 https://ftalphaville.ft.com/2016/09/08/2173904/the-great-american-make-work-programme/ https://thinkprogress.org/the-dangers-of-make-work-liberalism-727fa0725f99 https://www.theatlantic.com/magazine/archive/2015/07/world-without-work/395294/ http://samoa.santafe.edu/media/workingpapers/08-12-055.pdf http://www.economist.com/node/14116121 http://www.berglas.org/Articles/ImportantThatSoftwareFails/ImportantThatSoftwareFails.html http://www.aha.org/content/00-10/FinalPaperworkReport.pdf https://www.forbes.com/sites/brucelee/2016/09/07/doctors-wasting-over-two-thirds-of-their-time-doing-paperwork/#771c9bc25d7b http://annals.org/aim/article/2546704/allocation-physician-time-ambulatory-practice-time-motion-study-4-specialties http://rooseveltinstitute.org/disgorge-cash-disconnect-between-corporate-borrowing-and-investment-1/ http://evonomics.com/why-capitalism-creates-pointless-jobs-david-graeber/ http://time.com/4327419/american-capitalisms-great-crisis/ https://www.cnbc.com/2017/09/19/fed-economist-no-evidence-qe-works-as-balance-sheet-unwind-starts.html http://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fdx.doi.org%2F10.3138%2Fcpp.37.3.283;h=repec:cpp:issued:v:37:y:2011:i:3:p:283-305 http://www.independent.co.uk/news/sleep-deprivation-epidemic-health-effects-tired-heart-disease-stroke-dementia-cancer-a7964156.html
Bullshit Jobs Are Killing Us!
The Zero Theorem had bicycles instead of treadmills. I should mention that the evidence for exercise increasing life expectancy is overstated but what is invariably true is that exercise does show meaningful benefits above a minimal threshold. In fact, running shows no more benefit than an equivalent amount of walking. This probably has to do with the fact that below some low threshold of exercise, metabolism is not maintained. Diets are also hurt by contemporary jobs. http://abcnews.go.com/WN/sitting-long-work-pose-health-danger/story?id=11926874
John Day: Moore's Law Makes Us Stupid
We are still stuck in the command-line days of computing technology when it comes to networking. Thank Moore's law. http://pouzinsociety.org/education/rina/comparison/tcp_ip https://en.wikipedia.org/wiki/John_Day_(computer_scientist) https://www.amazon.com/Patterns-Network-Architecture-Fundamentals-paperback-ebook/dp/B004YW6M3E
Star Trek Predicted Apollo 11 Launch Day
And more! Amazingly, the original SSTV footage of Apollo 11 was lost! https://en.wikipedia.org/wiki/Apollo_11_missing_tapes
Out Of Luck Trailer
Out Of Luck is the first feature-length documentary film to closely examine the system of state lotteries in the United States. Upon setting out to make a film about the lottery, Director Bert Klasey was looking to tell a story about where the lottery money was going. Seeing that promises to improve education in his state were failing to come true, he was convinced that there was a story in the lottery system. The story he uncovered was far bigger than expected. While the story of where the money was actually going was worth exploring, the bigger story just under the surface, was about where the money is coming from. Out Of Luck looks closely at the system of the lotteries in this nation, but perhaps more importantly, it studies the people playing them. Once Klasey started to understand that 80% of lottery profits come from only 10-15% of the players, a new direction was taken in this film. This statistic clearly shows that there is a population of hardcore, addicted gamblers that are keeping this government system afloat, and the team set out to meet them. They weren’t hard to find. In every corner store in every city and town in America there are addicted gamblers playing their state lottery’s now massive portfolio of games – whether they are scratch tickets, daily games or even Video Lottery Terminals. Throughout Out Of Luck, viewers will learn a handful of their stories and begin to understand how gambling addiction can devastate the lives of gamblers and their families. Once we understand who plays and how it impacts those who are addicted, it raises the most important question – should our government own, operate, and heavily market a product that they know is addictive? Isn’t that against everything government is supposed to stand for? These larger questions were ones that needed to be explored, and Out Of Luck does that. Within the film we meet some of the nation’s leading experts in economics, academics, politics, civil rights and entertainment to begin to understand the impact that lottery gambling and addicted gamblers have on this nation. The film closely looks at how lotteries came to be, how they’ve expanded, and how they’ve become the nation’s largest casino. Out of Luck studies the true odds of the games, their predatory advertising practices, how lotteries market themselves to poor neighborhoods, and how the system of treating problem gamblers is failing. Out Of Luck is the most thorough study of state-operated lottery gambling ever put on film and shows a side of the industry that few see and fewer understand. For Bert Klasey, understanding where the lottery money is coming from changed the way he looked at state-run gambling – for any viewer, it will do the same. https://www.outofluckmovie.com/about-the-film
Stimson CEO Embarrasses Tariff Critics
"It costs builders an average of $311,022 to build a home today. But the average cost to buy a home is $468,318." Then you pay interest! https://www.creditdonkey.com/average-cost-build-a-house.html "The NAHB estimates it will increase the price of an average new single-family home by $1,236." https://www.cnbc.com/2017/04/25/trumps-canadian-lumber-tariff-could-cost-us-homebuyers-about-1200.html "Lumber prices started climbing last year thanks to wildfires destroying prime forest land along the Pacific Northwest, as well as a worsening trade spat over softwood lumber that dates back to the Obama administration." https://www.zerohedge.com/news/2018-03-01/worsening-lumber-supply-crisis-driving-record-home-prices-higher https://ycharts.com/indicators/average_sales_price_for_new_houses_sold_in_the_us https://www.fixr.com/costs/build-ranch-house http://imi.us.tripod.com/imi/lumber_cost.html
Quantum Physicists Retreat Into Mysticism (Tim Maudlin)
I wonder what Alexander Graham Bell would have thought of the fact that John Stewart Bell proved the “no Bell telephone” theorem. After Bell, physicists have decided to give up on "reality" or "logic" to save quantum physics from non-locality. Obviously, there's no signaling but are such positions coherent? What Maudlin is basically saying is that Bell's lambda can be psi, so quantum mechanics violates locality by default. Bell proved that no "hidden variables" extension can make it local. Peter Lewis: "At the end of the day, it may be that the lesson of Bell’s theorem is that the world is causally non-local. Or it may be that the lesson is that measurements have multiple equally real outcomes. Or it may be that effects can come before their causes. Or it may even be that no description of the quantum world can be given—although this latter conclusion seems to me to be a last resort." http://philsci-archive.pitt.edu/11372/ Maudlin on Griffiths: "Griffiths's novel logical 'rule,' which is claimed to expose Bell's error, serves rather only to obscure the fact that the theory Griffiths proposes is inconsistent and hence cannot be correct." https://aapt.scitation.org/doi/10.1119/1.3606476 Griffiths replies: https://arxiv.org/abs/1110.0974 Griffiths reminds me of Graham Priest (a fan of Eastern mysticism), who instead of giving up on the paradoxes created by assuming impredicative or infinite totalities, simply changes the rules of logic. [In fact, only strict finitists have given a logical account of actually working mathematics.] Ronde (2015) says Griffiths "framework" theory is similarly contrived, "adding unnecessary rules (e.g. the SFR) to account for the meaningful physical statements the theory already provides." https://arxiv.org/abs/1502.05396 Scholarpedia on CH: "a physical theory is not simply a game for which one can impose arbitrary rules about what reasonings are permitted for the propositions of the theory" http://www.scholarpedia.org/article/Bell%27s_theorem#Consistent_histories From Maudlin's reply to Werner: "Indeed, Werner’s conceit that Operational quantum physics is some newfangled theory, the likes of which never occurred to Einstein and Bell (and me) is a complete fabrication: Operational quantum physics is just plain-old vanilla Copenhagen quantum physics, the very theory that Einstein derided for its spooky action-at-a-distance. He derided it for exactly the reason illustrated in Werner’s own presentation: by taking the physical state just to be the epistemic state, the theory already commits itself to violating EPR-locality in an EPR situation. The predictive state ascribed to S1 is changed after observing the distant system S2. So if the predictive state is the physical state, then the physical state changes. The geometry of the state space plays no role at all in this argument." https://arxiv.org/ftp/arxiv/papers/1408/1408.1828.pdf Maudlin's reply to Baylock: "A careful analysis of Bell’s argument shows that Bell presupposes only locality and the predictions of standard quantum mechanics. Counterfactual definiteness, insofar as it is required, is derived in the course of the argument rather than presumed." https://scinapse.io/papers/2071535262 From Federico Laudisa's reply to Stephen Boughn: "As should be clear from a fair reading of the Bell original article, the Bell theorem starts exactly from the alternative established by the EPR-Bohm argument—namely, locality and completeness cannot stand together—and goes for the proof that, whatever form the completability of quantum mechanics might assume, the resulting theory cannot preserve the statistical predictions of quantum mechanics and be local at the same time: this means that neither a pre-existing property assumption (or ‘Objectivity’ or ‘Classicality’ or whatever synonymous one likes to choose) nor a determinism assumption are assumed in the derivation of the original Bell inequality" https://arxiv.org/abs/1705.01356 One might also like to read Laudisa's paper "Counterfactual Reasoning, Realism and Quantum Mechanics: Much Ado About Nothing?" https://arxiv.org/abs/1705.08287 Maudlin's full talk can be found here: https://www.youtube.com/watch?v=Vg5z_zeZP60
The End of Capitalism?
Anyone who watched my videos on automation, Alan Kay, Intel and Kolibri knows how the technology industry is completely dishonest. However, IP law is enforced by governments. Pseudo-capitalism produces markup, planned obsolescence, Sloanism and artificial scarcity. This is not the world of farmers, small proprietors and local producerism at the time of Adam Smith! Stephen Kinsella makes a consistent libertarian argument against IP and cites the literature showing there is no evidence of any benefit. The world is full of bullshit jobs and they are extremely wasteful. https://mises.org/library/against-intellectual-property-0 https://mises.org/library/case-against-ip-concise-guide http://www.stephankinsella.com/2009/07/yet-another-study-finds-patents-do-not-encourage-innovation/ https://www.theguardian.com/books/2015/jul/17/postcapitalism-end-of-capitalism-begun
Starchitects and Modern Architecture (James Kunstler)
It just keeps getting worse. Alain De Botton has also assailed the towers of London. https://www.youtube.com/watch?v=6QcbsedsGdA
OECD Debunks Technology in Classrooms
There is no evidence that computers improve test scores or learning. However, the technology industry has done almost nothing to develop high-quality software because they are still making huge financial success selling decades-old technology like banner ads, search, office software, mail services and other trivial accomplishments. They are so overpraised, they think giving kids Microsoft Office or a Chromebook will enhance learning and productivity. The opposite is true and the studies prove it. Superficial investments lead to superficial results. https://www.usnews.com/news/articles/2015/09/22/study-students-who-use-computers-often-in-school-have-lower-test-scores https://www.npr.org/sections/13.7/2016/07/11/485490818/is-it-time-to-ban-computers-from-classrooms https://www.twincities.com/2017/07/21/are-ipads-and-laptops-improving-students-test-scores-not-yet/ https://www.theguardian.com/teacher-network/2015/dec/02/schools-that-ban-tablets-traditional-education-silicon-valley-london
G. D. Spradlin Explains 9/11
G. D. Spradlin wasn't in The Lone Gunman pilot but he had a pretty consistent message throughout his acting. https://en.wikipedia.org/wiki/G._D._Spradlin
History Is Anecdotal (J. Rufus Fears)
J. Rufus Fears looks like a cross between Gibbon and Churchill. His emphasis on the idea that history is determined by individuals is undeniable, except to abstract Hegelian historicists. History actually provides us with few generalizations because it never exactly repeats itself and provides almost no controlled experiments. A statistician finds history to be nothing other than chaos, subject to a possibly dramatic initial value sensitivity. A few examples: In 323 B.C., Alexander the Great died in Babylon aged 32 of typhoid fever, after having conquered an empire stretching from modern Albania to eastern Pakistan. In 218 B.C., Hannibal lost nearly one-half of his infantry and one-fourth of his cavalry in the Alps, when he supposedly slammed his cane into the snow, causing a massive avalanche. In the 1200s, kamikaze winds saved Japan from attacks by two Mongol fleets under Kublai Khan. In 1453, if not for an unlocked gate that allowed the Turks to overcome the wall of Theodosius in the final attack on Constantinople, the Byzantine Empire may have survived. In 1536, Henry VIII fell from his horse during a joust and was badly injured. A shocked Anne Boleyn miscarried a male fetus, sealing her fate. The onetime athlete-king would grow crippled, fat, reclusive, tyrannical, and intolerant. How would the Protestant Reformation have ended if he’d remained on that horse? In 1769, Napoleon was born in Ajaccio on the island of Corsica. Corsica was officially ceded by the Republic of Genoa to Louis XV in 1768 and therefore Napoleon was born French. From 1783 to 1784, the Laki volcanic fissure in southern Iceland erupted, possibly causing the French Revolution. In 1848, the chemist Louis Pasteur got a job at a university in French wine country, where he started wondering why wine goes sour. He followed a hunch—it’s because of a microbe—and leapt from there to the hypothesis that microbes make us “sour,” too. Voilà, the germ theory of disease. On June 28, 1914, Archduke Franz Ferdinand’s driver turned down the wrong street in Sarajevo. Gavrilo Princip, a Serbian nationalist who happened to be on that street, seized the opportunity and assassinated the archduke and his wife, triggering World War I. In 1928, a dish of Staphylococcus bacteria in the lab of Alexander Fleming was accidentally contaminated with Penicillium notatum mold. Ernst Boris Chain and Howard Walter Florey took up the development of penicillin in the 1930s, and the three shared a Nobel Prize for their work in 1945. The number of lives that have been saved by the drug is impossible to know. Honorably, Fears does attempt to give some simple lessons in his course The Wisdom of History: 1. We do not learn from history. 2. Science and technology do not make us immune to the laws of history. 3. Freedom is not a universal value. 4. Power is the universal value. 5. The Middle East is the crucible of conflict and the graveyard of empires. 6. The United States shares the destinies of the great democracies, the republics, and the superpowers of the past. 7. Along with the lust for power, religion and spirituality are the most profound motivators in human history. 8. Great nations rise and fall because of human decisions made by individual leaders. 9. The statesman is distinguished from a mere politician by four qualities: a bedrock of principles, a moral compass, a vision, and the ability to create a consensus to achieve that vision. 10. Throughout its history, the United States has charted a unique role in history. https://www.thegreatcourses.com/professors/j-rufus-fears/ Some counterfactual history: https://www.amazon.com/Unmaking-West-What-If-Scenarios-Rewrite/dp/0472031430 https://www.amazon.com/Counterfactual-Thought-Experiments-World-Politics/dp/0691027919/ www.amazon.com/Virtual-History-Counterfactuals-Niall-Ferguson/dp/0465023231/
Automating the Hookers (Lumidolls)
Another industry is ready to face obsolescence. http://www.dailystar.co.uk/news/latest-news/633436/sex-robot-lumidoll-brothel-negotiations-investors-global
Quantum Computers Are BULLSHIT!
QM just involves expectations of observables and the Born rule is just "metaphysical fluff." The confusions are all about false counterfactuals. Quantum computering is an outright SCAM. Paul Davies made a simple and obvious point: since the complexity of an entangled state rises exponentially with the number of qubits, we come into conflict with the cosmological information bound implied by the holographic principle with a mere 400 qubits. https://mathoverflow.net/questions/302492/on-mathematical-arguments-against-quantum-computing/302754 Roger Schlafly: "Quantum mechanics is said to be probabilistic because is predicts probabilities. Here is how. Suppose that the observable A is a yes-no (boolean) observable, such as asking whether an electron is in a particular region of space. Yes means 1, no means 0, and no other values are observed. Then the expected value (open bracket)ψ|A|ψ(close bracket) will be in the range [0,1]. If the value is 1, then you can be sure of a yes, and if the value is 0, then you can be sure of a no. If the value is in between, then it can be interpreted as a probability of a yes. This interpretation is called the Born rule. Max Born suggested it as one possibility in a 1926 paper footnote, and got a Nobel prize for it in 1954. Probabilities do not play an essential role here. Testing the Born rule is just a special case of testing an expected value of an observable, where the observable is a yes-no variable. An experiment does not really say whether there is any genuine randomness. It just says that if the expected value of a yes-no observable is 0.65, and you do 100 experiments, then you should get about 65 yes outcomes. It is better to just say that quantum mechanics predicts the expected values of observables. That is what the formulas really do, and that is how the theory is tested. The Born rule adds an interpretation in the case of a yes-no observable. But that interpretation is just metaphysical fluff. There is no experimental test for it. The tests are just for the expected values, and not for the probabilities. Thus I do not believe that it is either necessary or very useful to talk about probabilities in quantum mechanics. I guess you could say that the probability gives a way of understanding that the same experiment does not give the same outcome every time, but it does not give any more quantitatively useful info. This understanding is nothing special because every other branch of science also has variation in experimental outcomes. My view here is a minority view. I have not seen anyone else express it this way. The textbooks usually say that ψ is a probability density or amplitude. But ψ is complex-valued or maybe even spinor-valued, and it requires some computation to get a probability. It is not a probability. That computation is precisely the expectation value described above. Sometimes the textbooks admit that the quantum probabilities require special interpretation because they can be negative. I say that negative probabilities are not probabilities and that the probabilities are no more essential to quantum mechanics than to any other physical theory that does real number computations." Bill Unruh pointed out the noise issues right after Shor back in 1994: https://arxiv.org/abs/hep-th/9406058 http://motls.blogspot.com/2014/09/bohr-heisenberg-landau-wouldnt-find.html https://arxiv.org/pdf/1601.04360.pdf https://www.nature.com/scientificamerican/journal/v308/n6/full/scientificamerican0613-46.html http://ixnovi.people.wm.edu/papers/QBism_final.pdf http://www.techradar.com/news/forget-quantum-computing-fujitsu-has-a-better-idea https://medium.com/future-crunch/quantum-computing-for-the-mildly-curious-2474c92c1f05 http://blog.darkbuzz.com/2014/04/counterfactuals-probability.html http://blog.darkbuzz.com/2012/02/no-quantum-probabilities-needed.html http://power.itp.ac.cn/~mli/pdavies.pdf https://arxiv.org/pdf/quant-ph/9805002.pdf
Linux Is for Posers (KolibriOS)
It fits on a 1.44 MB floppy and boots in a few seconds in VirtualBox from my USB drive, "to boot." Christopher Lasch called the overrated tech industry a "Chip of Fools" (New Republic August 19, 1984) for a reason. Windows is bloatware and Linux is a budget of bad ideas. Copying and pasting shell commands doesn't make you an expert but we all know the bloatware proprietary and open source communities make poor software on purpose. 100 million SLOC for the Microsloths and millions for the Eunuchs. A CryOS Crapple certainly spoils the cart. Sloan = Makework = "Jobs." Squeak is only a few MB and is written in OOP, so apparently this isn't even a point about low-level coding but honesty and craftsmanship. The spray-tanned Ronald McDonald stuck with the Russians for a reason.
High Wages Explain the Industrial Revolution
One of the big historical questions of the past two centuries is why did the industrial revolution, which shaped the modern world, occur in the eighteenth century and why did it occur in Britain? Robert Allen's research suggests that Britain at that time was unique because it had high wages and cheap energy. Current globalist policies have resulted in a stagnation of productivity in the developed world because the the glut of cheap labor in the global South and immigration. The American South failed to develop for similar reasons. Even the most basic innovation in robots has been slow to develop over the last 40 years because of the immigration and trade policies of the developed world. https://www.economist.com/free-exchange/2013/10/21/plagued-by-dear-labour http://www.abc.net.au/radionational/programs/counterpoint/the-industrial-revolution-a-new-perspective/3058770 https://www.economics.ox.ac.uk/Oxford-Economic-and-Social-History-Working-Papers/the-high-wage-economy-and-the-industrial-revolution-a-restatement
Passive Investors: Marxist Parasites on Smart Money?
"A further 30 per cent growth in the passive market over the next five years would see developed market stock correlations rise by about 15 percentage points even in normal trading conditions, Mr Fraser-Jenkins and team said." https://www.ftadviser.com/2016/08/24/investments/uk/report-dubs-passive-investing-worse-than-marxism-utc1vS6X89K9Ba0LRHKqdP/article.html "Some warn that indexes might be approaching 'bubble' proportions due to price distortions that are hard to explain. For example, S&P Capital IQ, discovered that as of Dec. 31, 2015, stocks in the Russell 2000 traded (as measured by price-to-book ratio) at a 61.9% premium to stocks that were not in the index. This is up from 12% in 2006." https://www.advisorperspectives.com/articles/2017/02/27/the-rise-of-passive-and-indexed-investing-and-its-effect-on-market-and-liquidity-risk "The flaw in the EMH was that it was always constructed on an ideological misunderstanding. Fama implemented hundreds of studies showing that 'active' portfolio management didn't outperform indexing. This seemed to prove that discretionary intervention was unwise and Fama claimed that it showed that markets are smarter than individuals who try to intervene in markets. Except it didn't prove that at all. After all, all of the benchmarks he was comparing these active managers to were also actively comprised components of broader aggregates (like the GFAP which I have explained in the past). That's right. The S&P 500 is a slice of US stocks inside a broader aggregate of global stocks with a specific set of actively chosen criteria. The same is true of any other index. Fama was not comparing discretionary intervention to non-discretionary intervention. He was simply comparing active funds with economies of scale versus active funds without economies of scale. He was comparing low cost funds to high cost funds. This said NOTHING about how 'efficient' the market is. It simply showed that a high cost manager will, on average, underperform a low cost manager." https://seekingalpha.com/article/3214286-why-the-efficient-market-hypothesis-is-useless "Blackrock, StateStreet, and Vanguard (the largest index fund managers) alone control 12% of all proxy votes, yet they are rarely activist shareholders.[42] Charlie Munger, vice chairman of Berkshire Hathaway, thus warned about the rise of index funds. He said recently 'Index funds will be permanent owners who can never sell. That will give them power they are not likely to use well.'[43] Legendary active investor Mario Gabelli might agree. 'He thinks passive investors weaken governance because index funds don’t vote proxies often enough or pressure management to improve. Passive funds are destroying the notion of investing.'" https://www.advisorperspectives.com/articles/2017/02/27/the-rise-of-passive-and-indexed-investing-and-its-effect-on-market-and-liquidity-risk "The European ETF industry enjoyed net inflows of 23.1 billion euros over the first five months of 2017. These high inflows once again raised a concern for market observers about potentially lower market efficiency: the constituents of the indices are bought by ETF investors just because they are members of an index, not based on analyses of fundamentals or evaluation of the companies' business model. In other words, ETF investors may buy stocks, thereby holding up their price, that have a very bad balance sheet or decreasing business that other investors wouldn't buy because of their fundamentals. In this regard, it can be said that the high inflows into ETFs can have an impact on the efficiency of the respective markets, especially if they are niche markets or segments." https://seekingalpha.com/article/4085640-rise-etfs-impact-market-efficiency "The flood of money into passive products is making stock prices move in lockstep and creating markets increasingly divorced from underlying fundamentals, the managers said. As the market moves ever higher, there’s the potential for a sharp decline. The U.S. ETF market has about $2.7 trillion in assets, the majority in products that track indexes. ETFs have attracted more than $160 billion in new flows so far this year, Bloomberg data show. 'This new market structure hasn’t been tested,' Bryan said in a telephone interview, noting that the stock market has never gone through a major downturn when passive investors were as important as they are now. 'We could get an onslaught of selling.'" https://www.bloomberg.com/news/articles/2017-04-27/etfs-are-weapons-of-mass-destruction-fpa-capital-managers-say
Donald Trump in Back to the Future, Casino, Virtuosity & Simpsons
The orange swan is a spray-tanned Ronald McDonald fighting Capital HillBilly: 1. Like Reagan, Trump is a Washington outsider. Reagan was twice elected governor of 2. Reagan was dismissed as a serious candidate, and so was Trump. 3. Trump and Reagan were both attacked by the establishment as being extreme and simplistic. 4. Trump shares Reagan's "passion" for what he believes in. 5. Trump espouses similar views as Reagan on illegal immigration. 6. Trump is a straight-talker, like Reagan. 7. Trump began as a Democrat before becoming a Republican. 8. Trump, like Reagan, has been a TV star. 9. Trump seeks to follow in Reagan's footsteps and succeed a liberal, big-government Democratic president. 10. Trump and Reagan both opposed runaway public employees' unions. 11. Trump shares Reagan's overall aim as president: to make America great again. 12. Trump favors tax reduction, as did Reagan. 13. Trump, like Reagan, is pro-life. 14. Trump and Reagan both have defended gun rights and the Second Amendment. 15. Reagan was the first president who had been divorced. President Trump would be the second. http://www.newsmax.com/TheWire/trump-reagan-common-things/2015/08/03/id/665217/ While we are all stuck hearing the media talk about lewd comments from 11 years ago (recorded by a member of the Bush family), we can't even give the definitive evidence that 9/11 was a ritual masonic sacrifice. Think I'm crazy? Just take a look: https://en.wikipedia.org/wiki/Party_Music Note: This compilation is an original work presenting EVIDENCE OF CRIMINAL INTENT AND CONSPIRACY. Improper prior restraint from YouTube will result in litigation. http://www.firstamendmentcenter.org/supreme-court-said-no-to-prior-restraints-on-press-25-years-ago http://www.criminaldefenselawyer.com/resources/rap-lyrics-evidence-is-it-a-crime-rhyme.htm# https://www.law.cornell.edu/wex/plain_view_doctrine
Productivity Growth Is Slower Than You Think (Chad Syverson)
See slides here: https://research.chicagobooth.edu/igm/myron-scholes-forum/productivity-growth-is-slower Challenges to Mismeasurement Explanations for the US Productivity Slowdown http://www.nber.org/papers/w21974 Does Growing Mismeasurement Explain Disappointing Growth? https://www.frbsf.org/economic-research/files/el2017-04.pdf https://voxeu.org/article/productivity-slowdown-even-more-puzzling-you-think https://www.brookings.edu/wp-content/uploads/2016/08/productivity-measurement-debate.pdf Acemoglu, Author, Dorn, Hanson & Price (2014) have revisited the issue to find that "there is...little evidence of faster productivity growth in IT-intensive industries after the late 1990s. Second and more importantly, to the extent that there is more rapid growth of labor productivity...this is associated with declining output...and even more rapidly declining employment." In fact, up to half of the growth of U.S. healthcare spending is attributable to technology costs.[22] Additionally, computers and mobile phones are continually cited as the greatest reducers of workplace productivity by means of distraction. https://en.wikipedia.org/wiki/Productivity_paradox One is reminded of the IT scam of the paperless office, where a filing cabinet is replaced with a massive make-work system of constantly obsoleted software and hardware, along with entire IT departments, backup systems, generators, cabling, electricity use, security vulnerabilities, Internet distractions, etc. Most offices have still failed to go completely paperless. The business world wastes massive money for almost no gains. Shopping has shifted online but that hasn't necessarily created any overall growth. The productivity numbers are flat. https://www.economist.com/special-report/2014/10/04/technology-isnt-working "In fact, new medical tech is responsible for 40-50% in annual cost increases. The use of health information technology is in its infancy, and the jury is still out on whether it can eventually adequately reduce costs and increase productivity. " https://www.forbes.com/sites/forbestechcouncil/2017/10/26/technology-and-rising-health-care-costs/#4287dc3d766b "Unfortunately, there is widespread sentiment that today’s EHRs actually increase costs and detract from the quality of healthcare." https://www.mercatus.org/publications/electronic-health-records-ehr-digital-health-biographies
Why Math Mostly Interests Childish People
Beyond basic algebra, there is so little you can do with it! It usually follows discoveries instead of producing them. The fundamental limits to computation are actually quite extreme. Math is a Faustian set of tricks that work when lucky symmetries appear but it can just as much take away our degrees of freedom as grant them. Don't believe me? Then watch my music video: https://www.youtube.com/watch?v=HO9FDLEEJt0 "If you know a set of basic parameters concerning the ball at rest, can compute the resistance of the table (quite elementary), and can gauge the strength of the impact, then it is rather easy to predict what would happen at the first hit. The second impact becomes more complicated, but possible; and more precision is called for. The problem is that to correctly compute the ninth impact, you need to take account the gravitational pull of someone standing next to the table (modestly, Berry’s computations use a weight of less than 150 pounds). And to compute the fifty-sixth impact, every single elementary particle in the universe needs to be present in your assumptions! An electron at the edge of the universe, separated from us by 10 billion light-years, must figure in the calculations, since it exerts a meaningful effect on the outcome." (Black Swan p. 178) https://michaelberryphysics.files.wordpress.com/2013/07/berry076.pdf "the only exact solutions to the Schrödinger equation found so far are for free-particle motion, the particle in a box, the hydrogen atom, hydrogen-like ions, the hydrogen molecular ion, the rigid rotator, the harmonic oscillator, Morse and modified Morse oscillators, and a few other systems [2,3]. For more complicated systems, however, approximation techniques have to be used (such as the variational method or perturbation theory), which sometimes give poor results compared with experimental ones, and practical calculations with them are usually very difficult, even with the use of powerful computers [4]. The difficulty is that in a system made of N interacting particles (where N can be anywhere from three to infinity), the repeated interactions between particles create quantum correlations. As a consequence, the dimension of the Hilbert space describing the system scales exponentially in N. This makes a direct numerical calculation of the Schrödinger’s equation intractable: Every time an extra particle is added to the system, the computational resources would have to be doubled [5]." https://arxiv.org/ftp/arxiv/papers/1301/1301.0002.pdf https://www.nature.com/articles/nature24622.epdf "For example, a computer with the mass of the entire Earth operating at the Bremermann's limit could perform approximately 10^75 mathematical computations per second. If one assumes that a cryptographic key can be tested with only one operation, then a typical 128-bit key could be cracked in under 10^−36 seconds. However, a 256-bit key (which is already in use in some systems) would take about two minutes to crack. Using a 512-bit key would increase the cracking time to approaching 10^72 years, without increasing the time for encryption by more than a constant factor (depending on the encryption algorithms used)." https://en.wikipedia.org/wiki/Bremermann%27s_limit https://en.wikipedia.org/wiki/Limits_of_computation Quantum computers are the perpetual motion machines of the 21st century: "In fact the uncertainty principle does not require any minimum energy expenditure for a fast switching event. The uncertainty principle would be applicable only if we attempted to measure the precise time at which the event took place. Even in quantum mechanics extremely fast events can take place without any loss of energy. Our confidence that quantum mechanics allows computing without any minimum expenditure is bolstered when we remember that Benioff and others have developed models of reversible quantum-mechanical computers, which dissipate no energy and obey the laws of quantum mechanics. Thus the uncertainty principle does not seem to place a fundamental limit on the process of computation; neither does classical thermodynamics. Does this mean there are no physical limitations to computing? Far from it." https://www.scientificamerican.com/article/the-fundamental-physical-limits-of-computation/?print=true The Math and Physics of Billiards http://archive.ncsa.illinois.edu/Classes/MATH198/townsend/math.html Source: https://io9.gizmodo.com/the-physical-limit-of-trick-shots-in-billiards-1532036405
Rick Santelli Educates Eugene Fama
The $20 trillion of global central bank stimulus is a "neutral event"? His circular thinking is hilarious. The Fed is going to be letting go of assets at a $600 billion a year rate come October and other central banks will follow. He thinks central banks have no effect. Has he seen the CAPE ratio lately? Q ratio? Price to sales ratio? Price to book ratio? P/Es, etc... He's a crackpot. As if we don't have record house prices above the last peak because of the Fed. Get real! http://www.yardeni.com/pub/peacockfedecbassets.pdf
China Syndrome Predicted Fukushima and Three Mile Island
Wiki even had to admit it: "The film was released on March 16, 1979, twelve days before the Three Mile Island nuclear accident in Dauphin County, Pennsylvania, which gave the film's subject matter an unexpected prescience. Coincidentally, in one scene, physicist Dr. Elliott Lowell (Donald Hotton) says that the China Syndrome would render 'an area the size of Pennsylvania' permanently uninhabitable." Even the maintenance part was accurate and the earthquake hit at 2:46. Shima is island. Fuk u is self-explanatory. http://www.huffingtonpost.com/2013/01/02/tsunami-bomb-in-development-world-war-ii-top-secret-documents_n_2397856.html http://www.livescience.com/25949-tsunami-bomb.html http://www.telegraph.co.uk/news/worldnews/australiaandthepacific/newzealand/9774217/Tsunami-bomb-tested-off-New-Zealand-coast.html
60 Minutes Goes in Circles With Betsy DeVos
Fact Check: National test scores have been flat at age 17, according to the NAEP. Also, U.S. students rank around the middle of the pack on PISA scores, even though we spend more money. Detroit charters have scored higher on the M-STEP and were found to be marginally better by studies done by Stanford's CREDO. There has been success at some charters (ex: Eva Moskowitz), so why study failures? However, history shows educational attainment following economic growth and labor productivity resulting from technological innovation rather increasing skill. In fact, Braverman (1974) argued that there has been a massive deskilling of labor in the 20th century. Dickerson (2006) found an exponential fit of IQ to per-capita GDP. Stanford's Hanushek (2010) concluded that mere years of attainment are useless but emphasized a relation between growth and cognitive skills. Later, Plomin (2013) demonstrated that test score differences are mostly explained by genetics and non-shared environment. Finn (2014) showed that raising test scores doesn't improve many cognitive skills. Caplan (2018) has documented that schooling is more about signaling than skilling. Holmes (2013) found the same with college. See (2015) looked at 199 studies and found "no convincing evidence that demonstrated a causal relationship between arts education and young people’s academic and other wider outcomes." Nearly all high schools teach foreign languages but only 1% of the nation is proficient in one. Americans particularly fall behind in geography. Macnamara (2014) showed that deliberate practice explained only 4% of the variance in performance in education and only 1% in professions. Studies done on skill transfer have shown that our overly academic orientation does not improve some hypothetical reasoning ability but simply emphasizes occupations where very few students achieve. The most damning argument against too much schooling is the rate of forgetting. Testing only reveals a temporary bump. Subirana (2017) revealed enormous rates of forgetting and Murre (2015) reproduced the results of Ebbinghaus. Simons (2016) refuted attempts at boosting IQ. A recent King's College London study suggests that genes account for nearly 50% of the differences between whether children are socially mobile or not. Add up the investment made in school and college to retirement at a 7% growth rate and you will be a multimillionaire. Sources: https://nces.ed.gov/nationsreportcard/ltt/ https://nces.ed.gov/programs/coe/pdf/coe_cnj.pdf https://www.nationsreportcard.gov/reading_math_g12_2015/# https://www.nationsreportcard.gov/science_2015/#?grade=4 http://www.pewresearch.org/fact-tank/2017/02/15/u-s-students-internationally-math-science/ https://credo.stanford.edu/pdfs/MichiganreleaseFinal.pdf http://michiganradio.org/post/test-scores-detroit-charter-schools-twice-high-citys-public-schools-both-are-bad http://www.politifact.com/virginia/statements/2015/mar/02/dave-brat/brat-us-school-spending-375-percent-over-30-years-/ http://www.politifact.com/florida/statements/2015/apr/21/jeb-bush/does-united-states-spend-more-student-most-countri/ http://www.politifact.com/ohio/statements/2016/sep/21/donald-trump/trump-us-spends-more-almost-any-other-major-countr/ https://www.amazon.com/Labor-Monopoly-Capital-Degradation-Twentieth/dp/0853459401 https://www.youtube.com/watch?v=o3niMl2rU2U https://www.youtube.com/watch?v=qskjV8oX4g0 https://www.theatlantic.com/education/archive/2015/05/filling-americas-language-education-potholes/392876/ http://www.aei.org/publication/the-amazing-eye-popping-success-of-success-academy-charter-schools/ https://www.publicschoolreview.com/blog/charter-schools-vs-traditional-public-schools-which-one-is-under-performing http://hanushek.stanford.edu/publications/education-and-economic-growth https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3954910/ https://academic.oup.com/oxrep/article-abstract/32/4/538/2236220 https://www.sciencedirect.com/science/article/pii/S0160289605001078 http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0080341 https://www.amazon.com/dp/B076ZY8S8J/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 http://journals.sagepub.com/doi/abs/10.1177/002795011322400103 http://journals.sagepub.com/doi/full/10.1177/0956797617707270 https://nces.ed.gov/fastfacts/display.asp?id=66 https://cbmm.mit.edu/sites/default/files/publications/CBMM%20Memo%20068-On%20Forgetting%20-%20June%2018th%202017%20v2.pdf https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4492928/ https://www.nature.com/articles/nature09042 http://journals.sagepub.com/doi/abs/10.1177/1529100616661983 https://v1.educationendowmentfoundation.org.uk/uploads/pdf/Arts_Education_Review.pdf http://journals.sagepub.com/doi/abs/10.1177/0956797614535810 https://theconversation.com/does-playing-chess-make-you-smarter-a-look-at-the-evidence-76062
Do Schools Make a Difference?
10% say U.K. researchers. See the studies: https://drive.google.com/open?id=1XlrMi9DD7KT2iCA3-dOye_NQCdIRNLLJE56X0gTuyB8
Overpopulation (Jevons Paradox)
"By 2050, 14 of the world’s 20 biggest metropolises will be in Asia and Africa, with Jakarta, Manila, Karachi, Kinshasa and Lagos joining Tokyo, Shanghai and Mumbai, according to a projection by Demographia. By then, the planet could have as many as 9.7 billion mouths to feed, according to a United Nations report. Factor in changing diets and we will need to raise global food output by 70 percent from 2009 levels, according to an FAO estimate." https://www.bloomberg.com/graphics/2017-feeding-china/ http://www.businessinsider.com/photos-show-overcrowded-china-2015-11 http://time.com/4828004/world-population-growth-china-africa/ http://time.com/3978175/india-population-worlds-most-populous-country/
Trickster Makes This World (Lewis Hyde)
Professor Hyde discussed his book Trickster Makes This World: Mischief, Myth and Art, which examines the “Trickster” myth in several world cultures and mythologies and how they have furthered society and culture through their action. "A trickster is almost always an apparently low character who outwits the high and the mighty; but in the process, he frequently overreaches himself and outwits himself, and gets caught in his own traps. In the Old World, the trickster is usually a human figure, maybe even a god or a giant. But in the New World and Africa, the trickster is usually associated with an animal that can assume human form. The trickster is always on the move and is associated with doorways, crossroads, and boundary markers. He is frequently a messenger between heaven, earth, and the underworld. He is motivated by his appetites for food and sex, which he attempts to satisfy through deceit rather than hard work. His tricks often succeed, but the trickster is also frequently a buffoon, overreaching and getting caught in his own schemes. Further, he is a culture hero, assisting in creation or organizing the elements of creation into forms—either positive or negative—that define how humans live. All these qualities are illustrated by the trickster cycle of the Winnebago people, which begins with the trickster violating taboos involved with going on the warpath. In a series of adventures, he causes harm to himself (eating part of his own intestines, consuming a laxative plant, and so on) and fails to duplicate the hunting techniques of other animals but gets his family fed anyway. At the end of the cycle, he gives over his mischief and clears the Mississippi of obstacles, then apparently goes to heaven. Paul Radin, who collected this cycle, sees it as a fable about the first half of life, in which an infantile being gradually becomes a socially responsible one. Other scholars disagree with Radin. Some have pointed out that whatever he does, the trickster is an endearing character: Parents tell their children trickster stories without moralizing them. The trickster might also represent infantile aspects of the self that are repressed but never overcome. Others have suggested that the trickster represents a delicate balancing act between creativity and destructiveness, making him both a revolutionary and a cultural savior. Still others—notably the French anthropologist Claude Lévi-Strauss—have argued that the trickster is a mediator between mutually incompatible positions: He can indulge his appetites without damaging the social fabric, allowing us to have our cake and eat it, too. It has also been suggested that he breaks down and intermingles all categories, creating new combinations, like a court jester or clown. It has further been argued that in every culture, the trickster represents a liminal state—between here and there, right and wrong, culturally approved and disapproved. The trickster can break or invert social rules, mistreat guests, have sexual relations with taboo relatives, and defy sacred authority in order to move all those boundaries for his entire culture. Beyond all that, the trickster always teaches that no social order is absolute and objective. The anomalous is always excluded in classifying systems, and the trickster works in spaces between categories: male and female, good and evil, approved and disapproved, re-creating culture in the process." ~ Grant L. Voth in Myth in Human History (TTC) http://www.mythencyclopedia.com/Tr-Wa/Tricksters.html https://www.c-span.org/video/?101149-1/trickster-makes-world
Mathematics Gives You Dropouts
Roger Schank and Andrew Hacker dispel math instruction. Mathematics is highly overrated for most people and teaching it to everyone is why the standards have become so low. It pointlessly challenges those without interest in it and completely narrows and limits the content for people who want to know more than just algebra. Norman Wildberger shows that they can't even teach trigonometry CORRECTLY. When I hear that grade schools are trying to include calculus, I burst out in laughter. It's OUTDATED! These kids can't even do a dot product, let alone do loopy belief propagation on probabilistic graphical models or use autoencoders in place of singular value decomposition. These kids know so few areas and algorithms. Not only is mathematics one of the most automatable subjects on earth, it largely FOLLOWS discoveries. No, the modern computer was NOT based upon Turing (rehashed the silly diagonalizations of Godel and Cantor) and the airplane wasn't discovered by studying Newton (simple action-reaction displacing air) or Navier-Stokes. The mathematician couldn't even say why wings can fly UPSIDE DOWN (simple angle of attack ). Even the jet engine was not a straightforward application of math. People like to talk about Maxwell's equations (can be reduce to one equation with geometric algebra), but the actual discoverer (Faraday) was not very good at math. The charlatans get all the credit. Grassmann was actually a theologian and he discovered the most useful branch of math, which is linear algebra. Idiots like Gauss wondered about 17-gons but with a piece of string and Archimedes' spiral one can trisect the angle, square the circle, inscribe polygons and do inverse trig. They just refused to use string. Trivial! A simple bisection algorithm gives you guaranteed roots to ANY degree polynomial (in about 10 lines of code), where Galois showed analytical methods fail at the meager 5th degree. Simple N-body algorithms also solve more than the pathetic limit proved by Poincare of two bodies. They're trivial algorithms with computers. Poincare dispelled 20th century set theory and called it a useless Bourbaki disease, like modernist art. No TRULY creative math is done using ZFC and modern analysis has been ripped to shreds by those like Doron Zeilberger and Solomon Feferman. The proofs don't even work logically. Analysis is really just a cover for finite algebra. If you study modern gauge theory, you will understand that physicists pretend to have problems like chiral fermions in the lattice but it has all been solved. String theory is a comical joke. Mathematicians pretend we need to study prime factoring for cryptography but lattice-based methods make this silly. Even GPS can forget about SR and GR, making them systematic calibration errors (much larger calibrations are to do with other phenomena). Optimization, bootstrapping, numerical methods, perturbation, approximation, finite element method, computational fluid flow, machine learning, computer algebra systems, etc... takes care of all the real world mathematics with little skill involved. Modern mathematics is more like post-modern art subsidized by the government, so Ivy League jerkoffs can live at the public's expense. Don't listen to the Sputnik propaganda.
Walter McDougall on American Hustlers & the NWO
Description: Walter McDougall talked about his book Freedom Just Around the Corner: A New American History: 1585-1828, published by HarperCollins. This is the first book in a three-volume series covering the history of the colonies as an early nation. Mr. McDougall explains that the book’s theme “will be the conditions made for Americans' world-known 'hustling' behavior and mentality." After the discussion the author answered questions from members of the audience.

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