In a March 24 Yahoo! Finance interview, as the price of Bitcoin hovered above $55,000, Bridgewater Associates chief investment officer Ray Dalio weighed in on the future of cryptocurrency. The two main takeaways from the interview are a little scary, each in a different way.
Tag: change
Repealing Political Discrimination
Most skilled American workers are now at least somewhat afraid to criticize fashionable left-wing views. They feel quite fearful to do so on the job, and fairly fearful to do so on social media. One tempting way to quell this high anxiety is to pass new laws against political discrimination.
A California Law Allows Union Organizers To Invade Farms Without Permission
Before dawn, dozens of union activists invaded a strawberry farm, shouting through bullhorns. This frightened workers and infuriated the farm’s owner, Mike Fahner, who thought that in America, owning property means you have a right to control access to that property—your home is your castle, and all that. Not in California, where politicians allow union organizers to raid farms.
The Filibuster: Imperfect, But Better Than Nothing
In its current form, the US Senate delaying tactic called the “filibuster” hangs on a rule requiring 60 votes for “cloture.” Simply put, it takes 51 Senators to pass a bill, but before that it takes the consent of 60 Senators to end debate and actually get to a final majority vote.
What’s Wrong with the Welfare State
What is wrong with the welfare state? The two biggest flaws stem from its nature as a government institution.
Reefer Madness: Biden White House Director’s Cut
The war on marijuana may not be over, but marijuana is clearly going to win it. The only question is how many more victims Joe Biden and Kamala Harris will have abducted and put in cages (or killed) before America recovers from its chronic case of reefer madness.
Daylight Saving Time Kills
According to a 2016 study by University of Miami economics professor Austin Smith, “springing forward” results in an average of 30 excess auto accident deaths, at a “social cost” of $275 million, each year. So, why do we do it? Well, because the government says we should.
Allowing Ourselves to Feel Joy During the Day
If you felt a daily amount of joy and wonder, you’re likely the exception. Most people don’t seem to feel joy regularly, or even realize that that’s the case. Let’s change that.
U(nspeakably) S(adistic) Foreign Policy
If you had set out to construct a foreign policy designed to impose indescribable suffering on millions of innocent people around the world, you’d have a tough time coming up with anything more systematic and effective than U.S. foreign policy.
The Government Has Botched the Vaccine Rollout at Every Step
The vaccine rollout crawls forward. Most of us will spend weeks, or months, waiting. Great Britain did better. As of today, one-third of the English are already vaccinated, twice as many as in America. Why?