Billy @BarbellZen_
Gym rat. Econ buff. Misesian. Classical Liberal. Joined February 2018-
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Beautiful
MMTers and Marxists need to realise that they have WAY more in common with the neoclassical economists they rag on than they’d be comfortable with admitting.
"Markets are an immoral way to allocate houses & locations. They pale in comparison to my strategy: finders-keepers-losers-weepers, queues and lotteries."
I’d bet this guy is PM (or at least labour leader) after Starmer. As much as I disagree with his politics, he has a likeable demeanour that the uk hasn’t seen in a long time, so people will gravitate towards him.
I’d bet this guy is PM (or at least labour leader) after Starmer. As much as I disagree with his politics, he has a likeable demeanour that the uk hasn’t seen in a long time, so people will gravitate towards him.
In the literal sense, we can never truly have our cake and eat it - such is the nature of scarcity and opportunity cost - but by saving and investing in innovative capital goods, we can keep and eat more of our cake respectively.
**All MMT does it remove this question** And the originators are FAR from the first to even do that… it’s embarrassing
**All MMT does it remove this question** And the originators are FAR from the first to even do that… it’s embarrassing
Why is Jeremy pretending he reads history
There’s a lot of talk about being a “conscientious objector” in relation to conscription, but not much talk of being a conscientious objector as a taxpayer who unwillingly pays for killing in foreign lands.
The Left: “We care for the poor!” The Left: *does everything to keep them poor, dependent and compliant, while removing opportunity and demonising ambition*
People care about #climatechange and want to do something about it? That's consumer pressure, so the most effective means is 'the market'. People don't want to do anything about it? Then forcing restrictions on them will cause harm and make us less able to respond effectively.
“It is useless to discuss the alleged advantages of socialist management. Complete socialism is simply impracticable; it is not at all a system of production; it results in chaos and frustration.” — Ludwig von Mises
"Yes you’ll earn twice as much over there, but will you have access to 18 month healthcare waiting lists?"
kiki @wd100y6nw6
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Good question young man. The answer is simple: to keep inflation lower than it otherwise would be. See you later in class. 🤓
Consumption poverty has more or less been eliminated in the (capitalist) United States. No system does a better job than capitalism of getting people what they need
Socialists aren’t driven by envy of the “more successful.” We are socialists because we want workers to have what’s rightfully theirs — and we know a world with less greed and envy, and where everyone has what they need, is possible. jacobin.com/2023/04/social…
Many on the right have shifted from defending academic freedom to defending restrictions on speech content. Many on the left have shifted from defending restrictions on speech content to defending academic freedom. There is unprincipled partisanship on both sides.
"Just talk to me so I can explain how I'm not an abuser" - every abuser ever
I write at mises.org this morning: "Economic Education Has Become Economic Disinformation" mises.org/mises-wire/eco…
No one’s truly free without rules and regulations. Counterintuitive? Think stoplights. Without them, pandemonium and gridlock. With them, I stop so you can drive through, and vice versa. We both have the freedom to move about with fewer traffic jams and accidents. This same idea…
When they say the @BBC is biased, they're not kidding. Here the BBC claims Swedes love paying taxes, that taxes cause a high standard of living, the welfare state is a "success." But nothing about how Swedes don't know how much taxes they actually pay... bbc.com/reel/video/p09…
I tried to get a proponent of MMT to explain where profit comes from. OMG.
Even after the most obvious cause-effect case of government handouts leading to inflation from 2021-2024, over 50% of Americans still think more stimulus checks are the solution to inflation. The rulers can do whatever they want. The majority are truly brainwashed.