Ment

An intern I’ve been mentoring at work told me that I’m a better teacher than any she had at Duke.

Which charges $60,000 per year.

I need to go into a different business.

I have a mentee, but what I actually wanted was a manatee.

Ok, it’s pretty cool to have a mentee really. But a manatee would be cool too.

Rev 2

Oh my fucking god. Old people are smoking crack.

But he didnโ€™t start this. The renewal has been going on for the last seven and a half years, led by the most successfully progressive president since LBJ.

You know who was more liberal than Obama? Richard Fucking Nixon.

A Republican.

Why are people like Lance Mannion and Kevin Drum and so many more so hell-bent on smacking down Sanders after he’s finished? He’s lost. It’s done. I guess they want to make sure the entire movement is quashed, too. (Can’t let those house prices even be threatened even a little bit.)

Mannion has no clue how the federal budget or economy works, either. The federal government is not funded by tax. Know what happens to the money you send to the IRS? It’s essentially destroyed. If you were sending physical money in, they’d throw it into an incinerator.

According to Mannion:

1) Clinton being a woman makes her magically progressive (just like Sarah Palin?)

2) Sanders did nothing of consequence that others hadn’t already done.

3) Being corrupt is just part of being a politician. Sanders isn’t a real politician because he’s not corrupt like Clinton.

4) Hillary is to the left of Bernie in some areas. (Ha.)

5) Obama did all he could possibly do, the poor little baby, to help but the meanies just wouldn’t let him do more!

I’ve heard of revisionist history. But revisionist present is something we need a more concise term for as it’s becoming so common these days.

Mismeasure

One of the many problems with economics as currently formulated.

Economists make a grave mistake when they fail to mention open-source software as one of the critical innovation of our era.

The economics profession as far as I can tell is completely unable to deal with anything that doesn’t directly intersect with official currencies in a standard inflationary monetary environment.

In other words, anything that isn’t on an official balance sheet somewhere is utterly ignored no matter how much effect it has on the actual economy.

In fact, it’s worse than that — anything that actually helps real people is a net negative in economics! To see why this is so, imagine if there were a machine created that provided free energy and also could create any product up to the size of a house ex nihilo.

According to the economics profession, the economy just would’ve cratered. GDP would quickly drop to near-zero as everyone could and would have what they need for free. There would be no profit any longer and the whole concept of profit would quickly become meaningless.

But according to economics as structured currently, the world would be experiencing the most enormous depression in recorded history. This despite the vast majority of the world’s people being immeasurably better off.

Like the above free energy and free stuff machine, open source software, the internet, other communications technologies are all modern artifacts and practices that have made billions of people remarkably better off but are not captured at all (or count as a negative) in modern economics.

Despite the insistence of economists that they actually haven’t mismeasured all of these things, they very much have. The profession can’t help but doing this due to the way it’s geared, and then must for self-consistency insist that its assessments are perfect and capture all that there is to be captured.

Else scary unapproved ways of living and organizing societies might creep in at the edges. And we just couldn’t have that, could we?