1/Today in @bopinion, I talk about the legacy and career of Jim Simons, the founder of Renaissance Technologies, who is stepping down as the hedge fund's

Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

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Confession: I haven't the slightest interest in my genetic ancestry or where my ancestors came from or what they did.

I mean, my dad's family came from Lithuania. They changed their name from Kuznets in 1905. At some point they were blacksmiths. My mom's family came from Halychyna in Ukraine. I have no idea what they did. That's about all I know.

Oh, I do know that pretty much all of my extended family who stayed in Europe got wiped out by the Nazis.

I like to think that my ancestors were nothing and nobody. Random boring peasants with no special talents or wealth.

Except for Genghis Khan, of course. But he's everyone's ancestor.

The best thing about this approach is that I don't have anything to live up to. ;-)

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1/Today in @bopinion, I discuss why America has been producing too many PhDs in recent years, and what we need to do to solve the

2/First of all, many people don't realize just how many PhDs we produce! More than almost any other rich country.

3/And we've kept ramping this number up and up.

4/But the problem begins when PhDs start looking for (usually academic) jobs.

5/The U.S. built a ton of universities and then we stopped.

Professors have tenure.

That means there are just going to be fewer new tenure-track jobs than before. Everyone in academia already knows this well.

1. Schedule:

The Military has told media stations to anticipate a public declaration of Martial Law by Sun. 24 Jan.

Military troops were well aware of to whom they should be loyal in the dual government forces over them: "I am a National Guard soldier from the...

Thread:

Here is a wake up call for those Republicans who believe we're going to take back the House in 2022 and the Presidency in 2024:

You will never win another election in the next 50 years.
The election fraud system perfected by the Democrats and their Deep State agents planted by the Obama cabal was put in place before the 2016 mid term and it is working perfectly.

It worked in 2016 when the GOP lost the House despite Trump being at the height of his popularity and the economy roaring back to life after 8 long years of depression;

It worked in November 2020 when Biden, an elderly man suffering from dementia was declared the winner with 1.5 million more votes than the young, charismatic and energetic Democratic Party political rock star Obama ever had cast for him in both elections he won;

And it worked in 2021 in GA run-offs, after the GOP candidates who were in the lead all day, they got defeated after vote dumps that happened after the counting closed for the day in a repeat of the scenario that happened during the Presidential election.

Interesting parapo meeting today, anger, lots of 'THEY' vs 'US'. The zoom meeting was well attended. People threatening fire, thunder, tagging those of us calling for calm "Traitors".

Then I asked, how many of your children were involved in the Ibadan killings today? SILENCE!

Then one of my "Comrade" himself and his wife are always jumping from @channelstv to @ARISEtv. I asked him, aside your television rounds, have you ever handled an AK47? Simple question, he called me a bastard.
I asked will your Ibadan radio station host 100 Eso's? SILENCE!

Then another one, he was Afenifere lackeys, during the Ajegunle crisis, the same one who chopped money meant for young Yoruba who were defending their streets, mane died needlessly. I asked when last he visited Eso zones across Yoruba land. SILENCE! He kept ranting Fulani bla bla

Then practical questions to another, do we have a list of our vulnerable settlements? Any attempt to activate our fighting organisations so that all manner of people don't go about attacking innocent non Yoruba. SILENCE!

That one pretended he had poor network. No answer!

Then another one, he said I had 'changed'. I told him, you cant have witnessed a wicked Yoruba ruling elite, hype up sons and daughters of the poor and personally attended the burial of many of those unsung heroes and not call for extreme caution and the need to truly be prepared

A thread on... where we are as Americans.

Since I was a kid, I've been a 'news junkie'. Read both local newspapers every day, all the newsmagazines, and watched every local & national newscast. I even wrote & voiced a national financial news broadcast for several years.

1/

Even after I left broadcasting, I continued to consume all the news within reach. Religiously watching all the Sunday shows, writing letters to the editor, and plowing into Social Media- when it first started! I even watched all the late-nite comics for their witty snark.

2/

Now, for the first time in my life, I don't. I keep up with events, and still read voraciously, but I just can't watch or read the majority of the corporate news. Because most of it ISN'T news anymore, but a sad self-parody akin to the 1976 Movie 'Network'.

3/

Paddy Chayefsky wrote a scathing satire of a news network so consumed with ratings that it eschewed journalistic ethics in favor of sensationalism and pushing narrow corporate and political interests. That sadly, is no longer parody.

4/

The line between 'hard news' and opinion was erased at most outlets long ago. We no longer talk of 'objectivity' or hearing both sides'. People refer to most (formerly) 'hard news' outlets by their ideological slant, and the agenda they push.

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