On this day 150 years ago William Sealy Gosset was born. He spent his whole career as a brewer at Guinness, working on a problem the textbooks ignored: how to draw conclusions from tiny samples, like four plots of barley or a handful of hops. The statistics of the day assumed large samples so Gosset invented the statistics of small ones.
Guinness barred its employees from publishing after one of them leaked trade secrets, and did not want competitors knowing it used science to brew beer so when Gosset published his method in 1908 he signed it with a pseudonym: Student.
Every clinical trial, lab experiment and A/B test that runs a t-test today is using the work of Student. The most famous name in statistics is a fake one.
(1) If you are obsessed with another person's wealth, you are a loser.
(2) Do not spend time with people who think like that. Spend time with productive people whose brains never entertain such juvenile thoughts.
(3) Instead, you should have a feeling of gratitude for what you do have, which would have astonished literally everyone who ever lived in every other time and place.
(4) For one thing, for all the complaints we may have about our food supply, your diet is not limited to bread, porridge, cabbage, onions, and turnips, with very occasional meat. Instead, you have a varied and nourishing diet. You have citrus, too, and scurvy is unknown. You don't worry about seasonal starvation every year, or food spoilage. You can drink clean water instead of ale. You have fresh produce in winter.
(5) Likewise, your child's life is not at risk if he breaks his leg or has a tooth abscess. For that matter, you don't have to endure medieval dentistry.
(6) Transportation you can forget about. Before the market brought mass production to the population, you walked. You had no maps. Even our poorest people use modes of transportation that would have astonished people in previous ages.
(7) You probably like having toilets rather than chamber pots and outhouses, not to mention showers, clean water, soap that doesn't burn, deodorant, and toothpaste. Even the poor have eyeglasses, beds with mattresses, lighting at night, heat at the turn of a dial, and instant communication.
(8) You probably prefer not to have a single-room hut made of wattle and daub, with no insulation, no chimney (smoke escaped through a hole in the roof, slowly), an open hearth (which contributed to respiratory problems), a dirt floor, a thatched roof that often leaked and attracted vermin, and a shared sleeping space for everyone, often including livestock.
(9) In the old days -- in other words, all of human history -- you would have had at most two outfits, you would have dealt with course wool and linen that were itchy, heavy, and hard to clean: laundry would have been done by hand with lye, which destroyed fabric (and wasn't good for the skin, either). For footwear you may have had wooden clogs but would sometimes have gone barefoot.
(10) We can go on and on like this. Yes, of course we want even more wealth for everyone, and yes, we want to repeal everything the government and the Fed (socialists are weirdly quiet about the Fed, which is the actual exploiter they pretend capitalists are) are doing that makes housing and other things more expensive: economist Bryan Caplan says repeal of regulations alone would cut housing prices by half in many places.
(11) But for heaven's sake, how deranged and psychotic and ungrateful for our ancestors and their institutions would we have to be when, living in a way that literally every single person (even kings and queens, who had to shit in a pot) who ever lived would have envied and scarcely even believed, we're instead concerned about some people having more?
(12) The only thing -- the absolute only thing -- that makes this phenomenon possible, the only thing that allows us to live at this level and even conceive of improving it, is capital accumulation, the very thing "Diana Moreno" works day and night to undermine or destroy.
(13) "Diana Moreno" thinks we should liquidate Elon's holdings and send everyone a check for $12.
(14) She would look at a pile of seed corn and be furious that the capitalists didn't want to distribute it for consumption purposes. "I could feed lots of people with this seed corn," we can hear "Diana Moreno" saying as she destroys civilization.
(15) Richard Tawney's description of Luther is apt here: "Confronted with the complexities of foreign trade and financial organizations, he is like a savage introduced to a dynamo or a steam engine."
Some of you need to read this. (The points are the same, despite the number being slightly lower in December when I wrote this.) https://t.co/qxBDzHoeWa
John thinks Elon has a trillion one-dollar bills in his house, and if only he'd spend it on philanthropy, we'd solve lots of problems.
In fact, what Elon has is lots of capital, which is used to improve the general standard of living. Liquidating that capital so everyone can get a one-time check for $50 would be destructive and idiotic.
John has also managed to think, despite all the evidence everywhere he looks, that social problems are a matter of not enough money spent, that homelessness (for example) is a simple matter of people not having physical houses, and all we have to do is hand them some houses.
The more you like mankind, the more capital accumulation you should want, because that is the only way real incomes are increased for everyone, as opposed to the loot-and-redistribute model that eats the seed corn. ("Why do we have all this seed corn! I could feed so many people with it," poor John would be saying.)
@OrevaZSN Leftists think being a moral person means standing around making demands, instead of learning a damn thing about how anything works so that their hopes might be realized. So they simply pile up mountains of corpses, but they're sure they're the moral ones
PoE was my largest barrier to belief. I’ve come to think it can be overcome by a combination of reasons, none of which are convincing in isolation but when taken together. Although it’s still hard to see the greater good of a child dying of terminal cancer, I will concede. Ever read Eleanore Stumps book on the topic?
The SIMPLEST diet ever:
1) Eggs and Yogurt for Breakfast
2) Chicken and Rice for Lunch
3) Beef and Potatoes for Dinner
Tack on…
- Additional Yogurts if you need more Protein
- Ninja Creami to solve sweet tooth/add more Protein
- Fruits/Veggies to round out nutritional needs
Maturing is realizing if the average American replaced all the sweets they eat each day with 3-5 of these for the next 12 months…they’d drop 30+ lbs and their bloodwork would be the best it’s been since they were 18 years old
Not trolling even a little bit
Super excited to try out Gears of War: E-Day. it looked beautifully dark just like the classics we grew up playing. I'm glad we're going the much needed new and fresh route and I can't wait to see more. Great job @GearsofWar@CoalitionGears