Categories
Economics Federal Reserve

The Top 1% Received all of the $4 Trillion Printed in 2020

The $4 trillion created by the Federal Reserve as part of the 2020 stimulus program appears to have gone entirely to the top 1% wealthiest people in the world.

Categories
Economics Federal Reserve Government Spending

When the government prints new money, who gets it?

The primary recipients of newly created money are currently banks and corporations who are able to borrow from the Fed almost 0% interest and loan this to the public at much higher interest rates.

Categories
Healthcare

Depression Rates Correlate Highly with Changes in Diet and Autoimmune Disease

The increase in depression is most correlated with the increase in inflammatory autoimmune diseases and with significant changes in the western diet.

Categories
Economics

Long-Term Trends in Human Well-Being

For millennia, everything sucked. Then something magical happened!

Categories
Government Spending

USPS Has Received Over $45 Billion from Taxpayers to Reduce the Cost of Junk Mail, Killing Billions of Trees

100 million trees and $178 billion worth of time could be saved every year by not subsidizing junk mail.

Categories
Military

We Have Enough Nuclear Bombs to Kill EVERYONE 2.6 Times

A 10 kiloton nuclear weapon can kill 1.32 million people.  The 15,000 nuclear weapons globally could cause 19,500 megadeaths.

Categories
Debt Financial Crisis

US Financial Crisis: Who Killed the Economy?

The cause of the US financial crisis is simple. It’s debt. This is a very simple and graphical evidence-based explanation of what caused the collapse.

Categories
Uncategorized

Anti-Terrorism Spending 50,000 Times More Than on Any Other Cause of Death

The US spends more than $500 million per victim on anti-terrorism efforts. However, cancer research spending is only $10,000 per victim. Evolutionary psychology may offer an explanation for this irrational threat amplification.

Categories
Terrorism War

Iran US Foreign Relations: A History of Violence

Many Americans consider Iran to be a psychopathically violent nation that would be willing to commit suicide in order to kill as many Americans as possible. The statistics behind historical Iranian US relations do not support this view.

Categories
Corporate Welfare Federal Reserve Financial Sector GDP

Financial Sector Costs Us More than Any Other Sector In Economy

The financial sector receives more of the average paycheck than any other sector of the economy.  Its share of the economy totals $2 trillion dollars. In 1985, the financial sector earned less than 16% of domestic corporate profits.  Today, it’s over 40%. In the 1960s, finance and insurance accounted for only 4% of GDP, whereas in 2007 […]

Categories
Politics

There’s a 0.00001% Chance that Your Vote Will Matter

There’s less than a 0.00001% chance that your vote will be the tiebreaker that decides the outcome of a national elections.You are more likely to be injured in a car accident driving to the polls (0.002% chance). Hence, if you are trying to make a practical improvement in your life and those of your loved ones, it is much more rational to just stay home on election day.

Categories
Utilitarianism

How Much Direct Suffering Is Caused by Various Animal Foods?

This is a rigorous analysis from the brilliant utilitarian mind of Brian Tomasik originally published at http://www.utilitarian-essays.com in 2005. I made this graph in 2007 to try to illustrate his point visually. Abstract. Consuming equal weights of different animal products may produce vastly different expected amounts of direct suffering. Farmed seafood may cause the most, followed by poultry products. […]

Categories
Drug War Government Spending

$1.5 Trillion Has Been Wasted on a Drug War that Hasn’t Even Reduced Drug Use

Dear President Obama, I know you’re very busy, so I’m very sorry to bother you with this. However, I think what I have to say too important for you to ignore.  I appreciate that you are trying to make the world a better place. I respect you as a person. Against all adversity you have achieved some very amazing […]

Categories
Terrorism

Foreign Military Occupation is Consistently the Primary Motivation for Terrorism

95% of suicide terrorist attacks are targeted at occupying foreign militaries. 0% of suicide terrorist attacks have been directed at countries not militarily involved in geopolitical disputes.

Categories
Corporate Welfare Government Spending

Bailout Costs $16,000 per Worker

A clear examination of the true costs of the bailouts.

Categories
Psychology Science

Subconscious Processes 27,500 Times More Data than the Conscious Mind

The brain takes in 11 million bits of data per second but the conscious mind can only process around 400 of those bits.

Categories
Democracy

The Majority of Americans Didn’t Support the American Revolution

Around 20% opposed the US Revolution for democracy, about 40% supported it, and about 40% didn’t give a damn.

Categories
Democracy

Democracy Gonna Make You Rich, Bitch!

A country that switches from non-democracy to democracy achieves about 20% higher GDP per capita over the next 30 years.

Categories
Politics

Most Voters Believe Their Own Party Will Win

A 2008 and 2016 poll of voters showed wishful thinking bias led a majority of people to believe their favored candidate was going to win.

Categories
Economics Healthcare

How much does it cost to develop a drug?

The average cost of getting a new drug to market is $1.3 billion.

Categories
Economics Utilitarianism

A World Run By Economists

If only economists could run for office, the the compound interest on more efficient resource allocation, would have produced a utopia with flying cars by now.

Categories
Economics

How to Identify the Bottom of a Stock Market Correction

This chart shows when the cost of the average stock (the S&P 500) exceeds its underlying value (corporate profits after taxes).