Monthly Archives: December 2016

Summary of Amanda Taub’s: “The Rise of American Authoritarianism”

A photo showing the head and shoulders of a middle-aged man with black hair and a slim moustache.

The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power, pure power. … Power is not a means; it is an end … The object of persecution is persecution. The object of torture is torture. The object of power is power. Continue reading Summary of Amanda Taub’s: “The Rise of American Authoritarianism”

Prospect Theory & The Election

H-L-Mencken-1928.jpg

“Democracy is the theory that the common people know what they want, and deserve to get it good and hard. ~ H.L. Mencken

As a follow-up to my recent post, “Education and the Election,” another thing that struck me about the voting was how prospect theory in behavioral economics explains why many gambled on Trump. Continue reading Prospect Theory & The Election

More Devastation About Trump

Fitzgerald c. 1921

Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft where we are hard, and cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand. They think, deep in their hearts, that they are better than we are because we had to discover the compensations and refuges of life for ourselves.
~ F. Scott Fitzgerald, The Great Gatsby Continue reading More Devastation About Trump