I thought most intelligent people knew that recycling is a net economic (and environmental) loss, but it turns out that otherwise smart people (typically liberals, who I suppose are of questionable intelligence if they support leftist economic ideals) actually believe that recycling paper, plastic, and other shit* is a good thing.
I have entertained a few questions about gold as an investment, since I have posted tons of brags and graphs about how awesome I am at predicting the markets. In reality, I boast no such claim - gold as an investment is a relatively poor one, given the capital gains taxes and the storage costs of the actual metal if you own it, compared to an ETF like GLD. Held gold pays no interest or dividend, to boot.
Someone mentioned this in a political community I am active in:
One of my favorite books is Generation X Goes to College, by Peter Sacks. In it, the author details his years of teaching at a community college in the mid-1990's and complains about grade inflation, the influx of students who expect to do little work and still receive B's, and the degradation of academic standards on campuses nationwide. I largely credit this book with my conversion to classic liberalism, but having recently re-read it, I can't help but draw certain economic conclusions based on the material in the book and what I have personally witnessed as a student.
In baseball, there's an axiom that is oft-repeated by announcers, managers, players, and the common fan: Pitching and defense wins championships, or Good pitching beats good hitting. Is it true, or is it another stupid catchphrase that means nothing?
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