—“There’s a deeper thread here. Possibly all these premia (American Windfalls) would not have been so wasted if a genuine socio-political transformation had occurred, and not just various technological ones. It’s one reason the left is so pathetic, because they’re anachronistic — clamoring for social change as if the surplus of the 60s still existed.”— Joel Katz
Form: Quote Commentary
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ERGO, THE MARKET IS NO LONGER IN OUR INTEREST AND WE SHOULD RETURN TO RULE AS OU
ERGO, THE MARKET IS NO LONGER IN OUR INTEREST AND WE SHOULD RETURN TO RULE AS OUR MEANS OF PROFIT?
—“Put (too) simply the only men who are good enough to get into university are men who are good at STEM. Women are good enough to get into non-STEM and STEM fields. Thus, among university students, women dominate in the non-STEM fields and men survive in the STEM fields. (The former is mathematically certain while the latter is true only given current absolute numbers of male students. If fewer men went to college, women would dominate both fields). I don’t know whether this story will hold up but one attractive feature, as a theory, is that it is consistent with the worrying exit from the labor market of men at the bottom.
If we accept these results, the gender gap industry is focused on the wrong thing. The real gender gap is that men are having trouble competing everywhere except in STEM.”—
Source date (UTC): 2017-09-12 12:22:00 UTC
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Ergo, The Market Is No Longer In Our Interest And We Should Return To Rule As Our Means Of Profit?
—“Put (too) simply the only men who are good enough to get into university are men who are good at STEM. Women are good enough to get into non-STEM and STEM fields. Thus, among university students, women dominate in the non-STEM fields and men survive in the STEM fields. (The former is mathematically certain while the latter is true only given current absolute numbers of male students. If fewer men went to college, women would dominate both fields). I don’t know whether this story will hold up but one attractive feature, as a theory, is that it is consistent with the worrying exit from the labor market of men at the bottom. If we accept these results, the gender gap industry is focused on the wrong thing. The real gender gap is that men are having trouble competing everywhere except in STEM.”— -
Ergo, The Market Is No Longer In Our Interest And We Should Return To Rule As Our Means Of Profit?
—“Put (too) simply the only men who are good enough to get into university are men who are good at STEM. Women are good enough to get into non-STEM and STEM fields. Thus, among university students, women dominate in the non-STEM fields and men survive in the STEM fields. (The former is mathematically certain while the latter is true only given current absolute numbers of male students. If fewer men went to college, women would dominate both fields). I don’t know whether this story will hold up but one attractive feature, as a theory, is that it is consistent with the worrying exit from the labor market of men at the bottom. If we accept these results, the gender gap industry is focused on the wrong thing. The real gender gap is that men are having trouble competing everywhere except in STEM.”— -
WE ARE FINALLY RECOVERING FROM 2008 America’s middle class had its highest-earni
WE ARE FINALLY RECOVERING FROM 2008
America’s middle class had its highest-earning year ever in 2016, the U.S. Census Bureau reported Tuesday.
Median household income in America was $59,039 last year, surpassing the previous high of $58,655 set in 1999, the Census Bureau said.
The figure is adjusted for inflation and is one of the most closely watched indicators of how the middle class is faring financially, as the Census surveys nearly 100,000 homes.
The Census said the uptick in earnings occurred because so many people found full-time jobs — or better-paying jobs — last year.
America’s poverty rate also fell to 12.7 percent, the lowest since 2007, the year before the financial crisis hit.
Source date (UTC): 2017-09-12 12:07:00 UTC
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We Are Finally Recovering From 2008
America’s middle class had its highest-earning year ever in 2016, the U.S. Census Bureau reported Tuesday. Median household income in America was $59,039 last year, surpassing the previous high of $58,655 set in 1999, the Census Bureau said. The figure is adjusted for inflation and is one of the most closely watched indicators of how the middle class is faring financially, as the Census surveys nearly 100,000 homes. The Census said the uptick in earnings occurred because so many people found full-time jobs — or better-paying jobs — last year. America’s poverty rate also fell to 12.7 percent, the lowest since 2007, the year before the financial crisis hit. -
We Are Finally Recovering From 2008
America’s middle class had its highest-earning year ever in 2016, the U.S. Census Bureau reported Tuesday. Median household income in America was $59,039 last year, surpassing the previous high of $58,655 set in 1999, the Census Bureau said. The figure is adjusted for inflation and is one of the most closely watched indicators of how the middle class is faring financially, as the Census surveys nearly 100,000 homes. The Census said the uptick in earnings occurred because so many people found full-time jobs — or better-paying jobs — last year. America’s poverty rate also fell to 12.7 percent, the lowest since 2007, the year before the financial crisis hit. -
Untitled
Source date (UTC): 2017-09-11 16:39:00 UTC
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“Ukraine’s National Police have arrested several suspects who were illegally pro
–“Ukraine’s National Police have arrested several suspects who were illegally producing bitcoins at a recreation center of a Ukrainian state institute, according to newly released court documents. Police found that 200 computers had been set up in an unused swimming pool at the Paton Electric Welding Institute’s recreation center to generate bitcoins, the world’s most popular digital money. The investigation became public on Aug. 8 after Kyiv’s Sviatoshinsky District Court published a court decision in the state register of court rulings. In it, the court claims the production of the bitcoins was being carried out illegally, violating several Ukrainian laws. Police tracked down the allegedly illegal bitcoin producer with the help of an SBU security service agent, who “found out the exact location of illegal hardware that was secretly generating digital money, which was later used via payment systems that are unauthorized in Ukraine.” The court claims the suspects had no rights to use the state premises – a swimming pool. They also breached the Law on the National Bank of Ukraine by emitting “substitute money” and forging documents to launder it. Under the law, only the central bank can issue currency in Ukraine. According to the Law on the National Bank, there is only one national currency, the hryvnia, and no other currency or substitute currency can be issued or used as a form of payment in Ukraine. The law does not specify what a “substitute currency” is, however. Neither are there any laws in Ukraine that regulate virtual currencies. The National Bank of Ukraine, however, has frowned at cryptocurrencies, dubbing them “a substitute for real money.” Nevertheless, as there is no official restriction on the use of cryptocurrencies, some Ukrainian companies now accept bitcoins as payment. The value of one bitcoin today is $3,300 (Hr 85,000).”— -
“Ukraine’s National Police have arrested several suspects who were illegally pro
–“Ukraine’s National Police have arrested several suspects who were illegally producing bitcoins at a recreation center of a Ukrainian state institute, according to newly released court documents. Police found that 200 computers had been set up in an unused swimming pool at the Paton Electric Welding Institute’s recreation center to generate bitcoins, the world’s most popular digital money. The investigation became public on Aug. 8 after Kyiv’s Sviatoshinsky District Court published a court decision in the state register of court rulings. In it, the court claims the production of the bitcoins was being carried out illegally, violating several Ukrainian laws. Police tracked down the allegedly illegal bitcoin producer with the help of an SBU security service agent, who “found out the exact location of illegal hardware that was secretly generating digital money, which was later used via payment systems that are unauthorized in Ukraine.” The court claims the suspects had no rights to use the state premises – a swimming pool. They also breached the Law on the National Bank of Ukraine by emitting “substitute money” and forging documents to launder it. Under the law, only the central bank can issue currency in Ukraine. According to the Law on the National Bank, there is only one national currency, the hryvnia, and no other currency or substitute currency can be issued or used as a form of payment in Ukraine. The law does not specify what a “substitute currency” is, however. Neither are there any laws in Ukraine that regulate virtual currencies. The National Bank of Ukraine, however, has frowned at cryptocurrencies, dubbing them “a substitute for real money.” Nevertheless, as there is no official restriction on the use of cryptocurrencies, some Ukrainian companies now accept bitcoins as payment. The value of one bitcoin today is $3,300 (Hr 85,000).”—