Why “these updates help protect you in an online world” scares me, and it’s not the online world

When Windows 10 stealthily pushes an update on to my machine, I get anxious.

The unexpected restart closes all my active incognito (thus irrecoverable) browser tabs, my open documents and unsaved work, leaving it up to my own memory to restore everything prior to the reboot.

But the worse thing is that I have no immediate idea what got installed on my machine w… Read more

Six psychological “glitches” Facebook uses to exploit you for its own gain

It is no secret that Mark Zuckerberg did more hacking of the human psyche than he did hacking of code to make Facebook as big as it is today.  There isn’t anything particularly technologically innovative about Facebook (in fact, almost any high school programmer can make a rough prototype of it within a day or two), but as Sean Parker revealed, Faceboo… Read more

Echo chambers converge on Jordan Peterson’s Twitter, and the sad state of journalism

Social media rears its ugly head again, as it does on a daily basis.  While this blog inadvertently dissects the ideology of the “far-left” due to their prevalence in technology, media, academia and the government, it’s time to analyze the rhetoric from the “far-right”.  It goes without saying that the ideologues of bo… Read more

With Bitcoin looking to break through $10K USD today, how would a future using just cryptocurrency look like?

Global housing markets, stock markets, cryptocurrency markets, you name it — everything is at record highs today.

What else is at record highs?  Debt.

It is still folly to think any market is primarily operating under fundamentals rather than leverage-fueled speculation.

The cryptocurrency bubble is interesting because it has the persuasive pro… Read more

Is inflation necessary? Why Keynesian theory never wants the cost of living to recede

A common tenet of Keynesian theory is that a lack of inflation will slow down the “velocity of money”, encourage people to hoard money, spend less, and therefore stall an economy by reducing demand.

Keep in mind that Keynesian theory has only been en vogue for a century, and is merely a blip in history. It is still just a theory, with fiscal interve… Read more

YouTube’s termination glitch shows its focus on censorship

Yesterday, many prolific YouTube accounts were momentarily “terminated” due to violation of “Community Guidelines”:

The accounts have since been reinstated.

While this may be an honest mistake on YouTube’s part, it does reveal one thing: they are certainly devoting a lot more time censoring content than improving us… Read more

Net Neutrality: yay or nay? A pragmatic analysis

With the FCC chief planning to repeal Net Neutrality, the Internet is debating whether or not this is a good move by the current U.S. administration.

On one hand, deregulating allows for smaller government, leaving it to free market principles to regulate the behaviour of telecom companies.

On the other hand, this opens up the possibility of the big telecom … Read more

The Lindsay Shepherd case provides a glimmer of hope for Canada

There has been widespread coverage through various media outlets about the exposure of Wilfrid Laurier’s postmodern “academics” trying to dictate what TA Lindsay Shepherd is allowed to present in a debate. Fortunately, Shepherd had the foresight to record her superiors which allowed Canada and the World a sneak peek into the postmo… Read more

The math behind running it twice and maximizing PokerStars’ Card Match EV

Expected value of “Running it Twice”

First, let’s settle that running it twice (or any number of times) has the same expectation as running it once.

It is intuitive to deduce that the probability of the second run winning is equal to the first run.  Simply recognize that the second run out doesn’t actually depend on the first (pret… Read more

Artificially inflated Ponzi schemes don’t correct, they collapse

The last couple of interest rate hikes in the U.S. had an unusual short-term effect on the stock market — the markets went up on both the rumour and the news.

Normally, by placing a higher value on cash and savings, there would be a flight away from leverage and speculation, resulting in a correction in the market.  However, that never happened as the DOW and S… Read more