Michael Morin

The best models focus on tracking the changes in factors that impact the output, including the assumptions. MBA @Babson

[Vince Langman @LangmanVince]

Spencer Pratt released another AI banger! 👏

This guy could win this thing!

[jim iuorio @jimiuorio]

@SpiritAirlines bankruptcy IS NOT an example of Adam’s Smiths “invisible hand”. The free market offered a perfect solution for the troubled airlines back in January of 2024(@JetBlue merger). The government (@PeteButtigieg and @SenWarren) stepped in and stopped the market based solution. Today there are 14,000 people who are telling their family that they no longer have a job because politicians wanted to pretend they were helping..

[jim iuorio @jimiuorio]

I’ve thought long and hard about the decision by @PeteButtigieg and @SenWarren to block the merger of @JetBlue and @SpiritAirlines back in January of 2024. It was so obvious that it would salvage a poorly run airline and save jobs that even a fifth grader would understand why it was a good thing. It would not have created any real anti trust concerns as both airlines combined would have accounted for less than 10% of total domestic air travel. The only reason I can think of is that they believed the appearance of protecting the consumer(which they obviously did not do) was more important than protecting the jobs of the majority of the 14,000 people employed by Spirit. We can’t continue to have ignoramuses making important decisions if we expect to have a good economy…

[zerohedge @zerohedge]

Well… oops

[Michael Morin @geniusdidntfail]

Services: The New Software https://t.co/P12G7zaI1V

[zerohedge @zerohedge]

Elon fired 80% of Dorsey's last company before chatGPT was even out and it thrived.

may be more of a bloat thing than an AI thing

[Steve Hanke @steve_hanke]

"If you have ten thousand regulations, you destroy all respect for the law." – Winston Churchill

[Compounding Quality @QCompounding]

The world's best capital allocator?

Mark Leonard. He is the CEO and founder of Constellation Software

Here are 11 incredible lessons from him:

[F. A. Hayek Quotes @FAHayekSays]

“If government treats different people equally, the results will be unequal.”

— Friedrich Hayek

[Michael Morin @geniusdidntfail]

Software Not a Macro Problem: https://t.co/z3rHPLQUZU

[Thomas Sowell Quotes @ThomasSowell]

“Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.”

— Walter E. Williams

[Dov Kleiman @NFL_DovKleiman]

Wow: Rob Gronkowski says Andy Reid can't be a first-ballot Hall of Famer because Bill Belichick wasn't.

"No other coach ever in history should go first ballot,"

Even Gronk knows Bill was ROBBED 🤧

[Brit Hume @brithume]

Quote: "Winston Churchill had his faults and made mistakes, like any statesman at the forefront of politics for two-thirds of a century. Nevertheless, deciding to fight on against Adolf Hitler was not some kind of strategic error, but the best decision he ever made, for which we all owe him our freedom." https://t.co/ZYhWueBQtL

[Joseph Kruger @JosephKruger58]

Dr. Charles Krauthammer on Churchill:
It is just a parlor game, but since it only plays once every hundred years, it is hard to resist. Person of the Century. Time magazine offered Albert Einstein, an interesting and solid choice. Unfortunately, it is wrong. The only possible answer is Winston Churchill.

Why? Because only Churchill carries that absolutely required criterion: indispensability. Without Churchill the world today would be unrecognizable—dark, impoverished, tortured.

Without Einstein? Einstein was certainly the best mind of the century. His 1905 trifecta—a total unknown who published three papers (on Brownian motion, the photoelectric effect and the special theory of relativity), each of which revolutionized its field—is probably the single most concentrated display of genius since the invention of the axle. (The wheel was easy; the axle hard.)

Einstein also had a deeply humane and philosophical soul. I would nominate him as most admirable man of the 20th century. But the most important? If Einstein hadn’t lived, the ideas he produced might have been delayed. But they would certainly have arisen without him. Indeed, by the time he’d published his paper on special relativity, Lorentz and Fitzgerald had already described how, at velocities approaching the speed of light, time dilates, length contracts and mass increases.

True, they misunderstood why. It took Einstein to draw the grand implications that constitute the special theory of relativity. But the groundwork was there. And true, his general theory of relativity in 1916 is prodigiously original. But considering the concentration of genius in the physics community of the first half of the 20th century, it is hard to believe that the general theory would not have come in due course, too.

Without Churchill
Take away Churchill in 1940, on the other hand, and Britain would have settled with Hitler—or worse. Nazism would have prevailed. Hitler would have achieved what no other tyrant, not even Napoleon, had ever achieved: mastery of Europe. Civilization would have descended into a darkness the likes of which it had never known.

The great movements that underlie history—the development of science, industry, culture, social and political structures—are undeniably powerful, almost determinant. Yet every once in a while, a single person arises without whom everything would be different. Such a man was Churchill. After having single-handedly saved Western civilization from Nazi barbarism—Churchill was, of course, not sufficient in bringing victory, but he was uniquely necessary—he then immediately rose to warn prophetically against its sister barbarism, Soviet communism.

Churchill is now disparaged for not sharing our multicultural modern sensibilities. His disrespect for the suffrage movement, his disdain for Gandhi, his resistance to decolonization are undeniable. But that kind of criticism is akin to dethroning Lincoln as the greatest of 19th century Americans because he shared many of his era’s appalling prejudices about black people.

Who Else?
In essence, the rap on Churchill is that he was a 19th century man parachuted into the 20th. But is that not precisely to the point? It took a 19th century man—traditional in habit, rational in thought, conservative in temper—to save the 20th century from itself. The story of the 20th century is a story of revolution wrought by thoroughly modern men: Hitler, Stalin, Mao and above all Lenin, who invented totalitarianism out of Marx’s cryptic and inchoate communism (and thus earns his place as runner-up to Churchill for Person of the Century). And it is the story of the modern intellectual, from Ezra Pound to Jean-Pierre Sartre, seduced by these modern men of politics and, grotesquely, serving them.

The uniqueness of the 20th century lies not in its science but in its politics. The 20th century was no more scientifically gifted than the 19th, with its Gauss, Darwin, Pasteur, Maxwell and Mendel—all plowing, by the way, less-broken scientific ground than the 20th.

No. The originality of the 20th surely lay in its politics. It invented the police state and the command economy, mass mobilization and mass propaganda, mechanized murder and routinized terror—a breathtaking catalog of political creativity.

And the 20th is a single story because history saw fit to lodge the entire episode in a single century. Totalitarianism turned out to be a cul-de-sac. It came and went. It has a beginning and an end, 1917 and 1991, a run of seventy-five years, neatly nestled into it. That is our story.

And who is the hero of that story? Who slew the dragon? Yes, it was the ordinary man, the taxpayer, the grunt who fought and won the wars. Yes, it was America and its allies. Yes, it was the great leaders: FDR, de Gaulle, Adenauer, Truman, John Paul II, Thatcher, Reagan. But above all, victory required one man without whom the fight would have been lost at the beginning. It required Winston Churchill.

[F. A. Hayek Quotes @FAHayekSays]

President Ronald Reagan, a great admirer of Hayek, met the Austrian economist at the White House in 1983 and said:

“My own degree was in economics, so I continued my studies by reading you.”

[Peter Boettke @PeterBoettke]

To economist friends and economic policy watchers— I have been reading Ken Rogoff’s Our Dollar, Your Problem. I recommend to all of you. https://t.co/EGja5uI6gb

[Thomas Sowell Quotes @ThomasSowell]

“I don’t believe we shall ever have good money again before we take the thing out of the hands of the government. We can’t do so violently—all we can do is, by some sly roundabout way, introduce something that they can’t stop.”

— Friedrich Hayek

[Michael Morin @geniusdidntfail]

⁦spot on from ⁦@MichaelMatulef⁩ Rather than fearing AI as an economic destroyer, we should recognize it as another tool that entrepreneurs will employ to serve consumer wants more effectively. https://t.co/J7ciZYM6CR

[Thomas Sowell Quotes @ThomasSowell]

“The economist’s lot is to study a field in which, almost more than any other, human folly displays itself.”

— Friedrich Hayek

[Rob Schneider 🇺🇸 @RobSchneider]

Dear Jimmy Kimmel,

In your semi-apology tonight,
you LIED AGAIN.

You were not making “light” of Mr. Kirk’s death.

The suspension you justly received last week was for FALSELY ACCUSING,
MAGA and Republicans “one of their own” you said, for the murder of our friend Charlie Kirk when it was in fact just another in the long line of Murderous Leftist Lunatics who killed Charlie, who get their inspiration to kill from YOUR DANGEROUS LEFTIST RHETORIC.

You and your other Late Night Host’s and the other illiberal media’s constant propagandizing and demonizing fellow Americans as fascists and Nazis have created the atmosphere where Leftists feel that killing people who think differently is justified.

And you were NOT even telling it in the form of joke either. You liar.

Even your own ABC affiliates are bored and sickened by your constant political indoctrination by comedic imposition and refuse to air your show.

Free Speech is indeed all speech. We must even protect the speech that we loathe.

Well, most Americans are decent God fearing people and we loathe your speech but will continue to support your right to speak it freely.

But we don’t have to watch.

And we won’t.

Signed,
America