La Palma was rocked by more than 40 seismic movements of low magnitude and intensity between 1.5 and 2.7 on the Richter scale, according to the data of the National Geographic Institute. The biggest earthquake, recorded at around 1pm on Saturday, had a magnitude of 2.7 and took place in the area of the Natural Park Cumbre Vieja, 28 kilometres deep. The second largest quake, of 2.6, took place at 1.23pm on Sunday in the same area, while the third quake erupted at midnight on Monday, reaching a magnitude of 2.1, according to the Volcanological Institute of the Canary Islands … Continue reading →

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A key distinction between propaganda and journalism is that manipulative propaganda relies on exaggeration and deceit while honest journalism provides context and perspective. But what happens when the major news outlets of the world’s superpower become simply conveyor belts for warmongering propaganda? That is a question that the American people now face as The New York Times, The Washington Post, CNN and virtually the entire mainstream media hype ridiculously minor allegations about Russia’s “meddling” in American politics into front-page hysteria. For instance, on Tuesday, the major news outlets were filled with the latest lurid chapter of Russia-gate, how Google, the … Continue reading →

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Getting into Mensa involves taking a test with dozens of questions, but apparently, there’s an easier way to check if you have superior IQ. The Cognitive Reflection Test is the world’s shortest IQ assessment and contains just three questions, which appear relatively simple at first glance. Published in 2005 in the Journal of Economic Perspectives, the test has resurfaced online following US Secretary of State, Rex Tillerson’s challenge to Donald Trump to ‘compare IQ tests’ after reports he called the president ‘a moron’. The rapid test would be an ideal option for two such busy men to settle their dispute as it … Continue reading →

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One of Ayn Rand’s most notorious claims is that Europeans and their descendants were justified in driving Indian tribes off their lands because aboriginal Americans “did not have the concept of property or property rights,” and because they “wish[ed] to continue a primitive existence.” Rand also claims the Indian tribes had no right to the land they lived on because “they didn’t have a settled society,” and “had predominantly nomadic tribal ‘cultures.’” Rand even uses scare quotes around “cultures” to perhaps imply that Indian culture was not any type of culture at all. Today, many critics of laissez-faire liberalism (i.e., libertarianism) continue to quote these lines in order … Continue reading →

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Jim Grant, author of Grant’s Interest Rate Observer, first hinted last week that not all is well when it comes to the world’s biggest hedge fund, Ray Dalio’s $160 billion Bridgewater (of which one half is the world’s biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was “bearish” on Bridgewater because founder Dalio has become “less focused on investing, while the firm lacks transparency and has produced lackluster returns.” Grant slammed Dalio’s transition from investor to marketer, and in a five-page critique of the world’s largest hedge fund, said Dalio has been preoccupied with his new book, sitting for media … Continue reading →

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“All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible.”― Frank Herbert Power corrupts. Worse, as 19th-century historian Lord Acton concluded, absolute power corrupts absolutely. It doesn’t matter whether you’re talking about a politician, an entertainment mogul, a corporate CEO or a police officer: give any one person (or government agency) too much power and allow him or her or it to believe that they are entitled, untouchable and will not be held accountable for their actions, and those powers will eventually be abused. We’re seeing this dynamic play … Continue reading →

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“The constitutionally guaranteed ‘freedom to be intellectually … diverse or even contrary,’ and the ‘right to differ as to things that touch the heart of the existing order,’ encompass the freedom to express publicly one’s opinions about our flag, including those opinions which are defiant or contemptuous.” — Supreme Court of the United States in Street v. New York (1969) Sometimes the public expression of unwanted ideas reaches directly into our living rooms. When President Donald Trump attacked a half-dozen or so professional football players who, instead of standing during the traditional playing of the national anthem prior to football … Continue reading →

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