James Adams

Bond market professional turned night shift waiter. Follow my adventures in Waffle Street: The Confession & Rehabilitation of a Financier.

[James Adams @WaffleStreet]

@FiredUpCoug @PSU_Lion_commit You're in good company. https://t.co/0a0j6xHnJl

[James Adams @WaffleStreet]

@HmongXavier @Mormonger @Joseph_Spurgeon Yes, he did--while derogating the books of James and Revelation, wresting the concept of "priesthood," mangling the doctrine of free will (famous arguments with Erasmus on that one), and promulgating anti-semitic vitriol.

[James Adams @WaffleStreet]

@JohnPapola C.S. Lewis was of the same opinion. https://t.co/sSpU16kcCy

[James Adams @WaffleStreet]

@NathanielGivens If I may offer an analogy: the Watergate break-in per se didn't bring down Nixon; the cover-up did.

[James Adams @WaffleStreet]

@JohnPapola Preach brother! Kydland & Prescott’s Nobel-winning 1982 paper, "Time to Build and Aggregate Fluctuations," addresses this very issue. It argues that business cycles are the result of rational agents responding optimally to real shocks—specifically, changes in technology.

[James Adams @WaffleStreet]

@JakeLeei The greatest miracle of the Restoration will be the realization of a five-minute transition from Sunday School to EQ/RS.

[Rothmus 🏴 @Rothmus]

BERTRAND RUSSELL: “Marx pretended that he wanted the happiness of the proletariat. What he really wanted was the unhappiness of the bourgeois.

And it was because of that hate element that his philosophy produced disaster.”

[James Adams @WaffleStreet]

@HeberFarnsworth @ATrueMillennial "Thee," "thou," and "thine" were the informal means of second-person address in the early 17th century (when the KJV was written). "You" was the formal address of that era. Romance languages today all employ the informal address ("Tu") in LDS sacramental prayers.

[James Adams @WaffleStreet]

@JohnPapola Great article, John. My wife and I have expressed a similar sentiment many times-i.e., "We were the last generation before the internet and smartphones destroyed male-female dynamics."

[James Adams @WaffleStreet]

@busy_bee_me Get him a job working retail. Interacting with the public on a consistent basis is worth two dozen counseling sessions.

[Helen Andrews @herandrews]

Why did communism fail? Because it allocated resources inefficiently. It elevated people for political reasons who turned out to be incompetent. It demoralized its most talented so they stopped trying. The need for propaganda and censorship kept increasing and people got cynical.

[James Adams @WaffleStreet]

@tylercowen @conorsen @ModeledBehavior @arpitrage "The demand for commodities is not the demand for labour. The demand for commodities determines in what particular branch of production the labour and capital shall be employed; it determines the direction of the labour; but not the more or less of the labour itself" - JS Mill

[James Adams @WaffleStreet]

@NotYourBishop Desires, and willingness, can often be changed as a result of supplication to the Divine.

[James Adams @WaffleStreet]

@LarsTheBadMan @darwintojesus The overrepresentation is highest in serious violent crimes. In cases of robbery, the unadjusted relative risk for children of two non-native parents was as high as 11.5 before being adjusted for socioeconomic factors. (Brå Report 2021:9)

[James Adams @WaffleStreet]

@LarsTheBadMan @darwintojesus Incidentally--Sweden, notwithstanding aggregate high levels of surveyed happiness, has also become the poster child of imported crime. "Those born in Sweden to two non-native parents have a relative risk roughly 3.2 times higher than those born to two native-born parents."

[James Adams @WaffleStreet]

@LarsTheBadMan @darwintojesus I was [tacitly] saying that one should control for pertinent variables so as address salient issues that would be lost in excessive aggregation. Now I'm saying that you're engaging in a conflation fallacy. % of population born within a country is not the same as homogeneity.

[James Adams @WaffleStreet]

@LarsTheBadMan @darwintojesus "Let's compare ethnically homogenous countries with 5-6 million people and modest income dispersion to a highly diverse 340 million-person population spread across 3.8 million square miles and then casually ignore all of the issues attendant with that level of aggregation."

[Kyla Scanlon @kylascan]

Betting on Jesus returning by 2027 and the Backstreet Boys singing about crypto are kind of the same thing. Speculation and nostalgia are both exit strategies from the present, and neither provides answers.

New piece on what happens when the economy grows without… people.

[James Adams @WaffleStreet]

@kylascan Superb essay!

[James Adams @WaffleStreet]

@Manhattva @SoCalRuss1983 It's getting stronger against gold, bitcoin, and stocks.