Author: cynicadmin Page 12 of 21

Income Inequality is an Insidious Risk but Investors Can Measure It

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On November 26, 2020

In Economics

Harvey’s Introduction

This is a pseudo science essay based on the assumption that income inequality is, in itself bad, and can be reduced by the actions of corporations. Further, those actions can be assessed using an ESG framework to analyze the performance of companies. For those yet not “woke”. ESG stands for Environmental, Social, Governance. Beyond that, the corporations which score higher will perform better and yield a higher return for their shareholders. The ‘”logic” goes on that this will result in reduced inequality. I’m including this blog to illustrate that stupidity has no bounds, is present abundantly in PhDs. and can be masked by logical leaps that defy imagination. It also can be adopted as sound policy and affect all of us if this kind of thinking gets translated into law or regulation. A little contest: Lets see who can identify the worst flaw. I will start out: The first assertion is that inequality is bad, it can be measured by the GINI coefficient and the U.S. is the most unequal of the major western countries. What’s bad about this is that the U.S. has the highest standard of living of these same countries.

Academic Freedom and Cancel Culture

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On November 24, 2020

In Cancel Culture

Harvey’s Introduction

Professor Kaufmann analyzes the extent of cancel culture across our university system. He shows that academic freedom is essentially gone if you have a point of view that contravenes what is now viewed as acceptable thinking. He supports his argument with data and illustrations At the end, he believes the only solution is a major restructuring and reformation of the system. Difficult to do.

Universities and Identity Politics

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On November 24, 2020

In Cancel Culture

Harvey’s Introduction

Here are nine brief essays from well known scholars on the subject of identity politics in our colleges and universities. Unfortunately, E Pluribus Unum has given way to Balkanization, identity politics, anti-racism, etc, all of which is tearing at the heart of our wonderful country. We have to understand what’s happening and take part in battle for our national soul.

Spending, Tax, and Deficit Myths Exposed

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On November 24, 2020

In Economics

Harvey’s Introduction

Brian Ried compiled an excellent book of charts that illuminate understanding our economy and provide useful data to that end. In this article that appeared in the National Review, he abstracted a bunch of widely-held beliefs from his book and described why these beliefs are wrong. At the bottom of the post, I inserted link to the City Journal of the Manhattan Institute where you can look at the data yourself.

In Defense of the Electoral College

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On November 24, 2020

In Government, History

Harvey’s Introduction

Every presidential election year there are advocates pushing for eliminating the electoral college. Most of them are Democrats who think their control of large cities would guarantee Democrat winners or people ignorant about the founders’ reasoning behind the electoral college and like the apparent fairness of one person, one vote. The rest of us have to be more educated about the pros and cons before we toss out what some very smart guys decided and has served us well for a couple of hundred years.

Biden’s Likely Economic Policies

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On November 24, 2020

In Biden Policies, Economics

Harvey’s Introduction

Phil Gramm is a very astute economist as well as a successful politician. Here’s his take on Biden’s economic policy and its implications for our economy.

A Collusion Tale: China and the Bidens

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On November 24, 2020

In Biden Policies

Harvey’s Introduction

Now that Biden is putting together his foreign relations team, and his election is pretty much assured, isn’t it time for the media to stop avoiding the story about the Biden family scandal and China. That country is a major, perhaps the major, adversary of the U.S. and what they might have on the Bidens has important national security implications. This analysis by Andrew McCarthy is thoroughly researched and much of his sources can be linked from the article.

The False Narrative Underlying BLM – the Organization and the Movement

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On November 23, 2020

In BLM/Antifa/Riots

Harvey’s Introduction

I’ve posted a number of articles on the false narrative underlying BLM, the organization and blm, the movement. This one by the eminent scholar Shelby Steele is one of the best. It is must reading for people who think “institutional racism” accounts for the unequal outcomes among the races of people.

Biden’s Assault On Red States

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On November 16, 2020

In Biden Policies, Economics, Government

Harvey’s Introduction

Biden claims he doesn’t see red or blue states, only united states. He’s either ignorant of how is policies would affect different states or he’s a bald faced liar. I didn’t get around to posting this editorial for a while, but its analysis is still germane and correct.

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On November 16, 2020

In Biden Policies, Politics, Uncategorized

Harvey’s Introduction

Biden ran on not being Trump. Now that he won, he claims he ran on a progressive agenda. The implications for policy and process are huge. Continetti spells out some of these. Quick and easy read.

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