Rationally Thinking Out Loud

Just one guy thinking out loud on a the issues in religion, atheism, politics & science
The Blog ArticlesFeatured Pages TOC

CIA Director Met Advocate of Disputed DNC Hack Theory — at Trump’s Request

It’s amazing to consider that as of right now (Tue, Nov 7, 2017 | 11-35 PM ) Pompeo and the CIA have offered nothing to refute this story in The Intercept.

CIA Director Met Advocate of Disputed DNC Hack Theory – at Trump’s Request

Binney said that Pompeo asked whether he would be willing to meet with NSA and FBI officials to further discuss his analysis of the DNC data theft. Binney agreed and said Pompeo said he would contact him when he had arranged the meetings.

 

Trump Supporters Are Promoting Insane Conspiracy Theories About the Vegas Shooter – Mother Jones

A friend of mine the other week posted a Breitbart article entitled Ann Coulter: Media Begging Us for Conspiracy Theories on Las Vegas (I won’t link to Breitbart so google it if you want to read it) where the hate mongering asshole Ann Coulter was pitching the idea that because we don’t have a thourough solid explanation of Paddock actions and motivations yet we should still consider that:

…a terrorist would go to Paddock’s room on the pretense of buying guns, kill Paddock, commit the massacre, put his gunshot residue-covered gloves on Paddock’s dead hands and slip out of the room when the coast was clear.

Bryan Schatz of Mother Jones goes on to explore more of this kind of bullshit….

Trump Supporters Are Promoting Insane Conspiracy Theories About the Vegas Shooter

Which of the following groups does Stephen Paddock, the 64-year-old gunman responsible for the Las Vegas massacre, belong to, according to recent articles promoted by Republican pundits and Trump-affiliates? a) Antifa b) Islamic State c) Illuminati d) All of the above If you chose “All of the above,” you’re correct.

 

They Don’t Just Hide Their Money. Economist Says Most of Billionaire Wealth is Unearned. – Evonomics

…A key empirical question in the inequality debate is to what extent rich people derive their wealth from “rents”, which is windfall income they did not produce, as opposed to activities creating true economic benefit.

Economists define “rent” as the difference between what people are paid and what they would have to be paid to do the work anyway. The classical example is the farmer who owns particularly fertile land. With the same effort, she can produce more than other farmers working on land of average productivity. The extra income she gets is a rent. Monopolists also get rent by overcharging customers as compared to what they could charge in competitive markets. …

[…]

Data limitations do not allow us to compute rents anywhere close to accurately. But if I had to give a single number to settle the debate, it is this: when it comes to the very richest Americans (Forbes’ billionaires), 74% of their wealth is derived from rents.

[…]

This finding has important moral, economic, and policy implications. To the extent that it is driven by rents as opposed to productive activities, the extreme concentration of wealth we observe is not fair according to a meritocratic conception of social justice. Moreover, because rents do not compensate productive activities, redistributing them through taxes or regulation does not harm the economy, and could even boost economic growth. As wealth inequality has become so extreme, even modest redistribution could have significant positive impact for the poor and the middle class.

They Don’t Just Hide Their Money. Economist Says Most of Billionaire Wealth is Unearned. – Evonomics

Inequality By Didier Jacobs The concentration of wealth from rent-seeking The 62 richest people in the world own as much wealth as half of humanity. Such extreme wealth conjures images of both fat cats and deserving entrepreneurs. So where did so much money come from?

 

 

Mike Rightmire’s answer to Why do I have a hard time understanding liberal arguments on a lot of issues? – Quora

Why do I have a hard time understanding liberal arguments on a lot of issues?

Mike Rightmire’s answer: I’ve found one of the major differences between conservative and liberal viewpoints is; that liberals often (not always) try to drive legislation based on how humans tend to react to stimuli, whereas conservatives (often but not always) tend to drive legislation based on …

 

Science Proves Ayn Rand Wrong About Altruism and Laissez-Faire Economics – Evonomics

Science Proves Ayn Rand Wrong About Altruism and Laissez-Faire Economics – Evonomics

Human Nature By Denise Cummins Evolution clearly shows how altruism trumps selfishness. In a previous article, I described the disastrous outcomes of two real-world attempts to implement Ayn Rand’s principles. Among the over 1,300 comments on the article were complaints from Rand’s followers that her views had been misrepresented.

How Bernie Sanders Was the Only Candidate to Uphold an Essential Pro-Market Principle – Evonomics

How Bernie Sanders Was the Only Candidate to Uphold an Essential Pro-Market Principle – Evonomics

Business By Guy Rolnik Why money in politics allows those in power to determine the rules of the game Last month, The George J. Stigler Center at the University of Chicago Booth School of Business launched the Capture Index that looks at the concentration of donations to the presidential candidates.

How Democrats can beat the Republican tax cut – NY Daily News

…if Republicans are willing to increase the deficit by $1.5 trillion, let’s use that money for something the country really needs that will create a vastly greater number of jobs. That is a giant infrastructure program.

Bruce Bartlett   — New York Daily News Thursday, November 2, 2017

How Democrats can beat the Republican tax cut

Democrats are searching for a way to counter the new Republican tax plan, but I fear they have chosen a poor way of doing so. They correctly charge that the Republican plan is tilted too much toward the ultra-wealthy, which is true enough, and propose tilting it more toward the middle class.

Scientists aren’t stupid, and science deniers are arrogant | The Logic of Science

Scientists aren’t stupid, and science deniers are arrogant

Debating those who reject scientific facts has been a hobby of mine for several years now. It’s not a very rewarding hobby, and it comes with high stress levels and periodic fits of rage, so I don’t particularly recommend it. However, it has exposed me to countless pseudoscientific arguments on pretty much every topic you…

Article Categories