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@highlyinelastic
I tweet about economics, liberty, and religion. || USU Econ 2022 || #ComeUntoChrist
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The ancient apostles were unique in their supernatural claims, compared to those made by religionists before or since, in that the apostles had multiple corroborating first-hand witnesses outside their ranks to whom the resurrected Christ showed Himself.
@PhilWMagness specializes in correcting sloppy errors in big bold books critical of capitalism and neo-liberalism. Even those who want to maintain the critique should take Magness’s analysis seriously. As Bastiat said: The worst thing for a good cause is not to be artfully…
Capitalism is actually good for the Earth
No Planet Money! Not the Fake Graph! You can't compare mean productivity to median wages. When we do compare mean to mean, the gap disappears. Real median wages are not stagnating either. We need accurate data to solve today's very real problems. @planetmoney
The hierarchy in capitalism is simple. You rise by creating value for others. You fall when you stop. No gun. No decree. No forced loyalty. People choose you or they don’t. The hierarchy in communism is the exact opposite. You rise by gaining political pull. You fall when you’re…
🧵When economists speak of free markets, they mostly take the gov’t institutions Steve refers to for granted. They aren’t theorizing about, much less recommending, anarchy!
There is no such thing as genuinely free trade. Markets need a legislative framework to survive. There are always rules. It just depends who sets the rules and in whose interests those rules are set.
They kinda did. "The exercise of a free trade with all parts of the world, possessed by the American colonists, as of natural right, and which no law of their own had taken away" - Jefferson, 1774 "For cutting off our Trade with all parts of the world" - Dec. of Independence
Sorry, bro, but my ancestors didn't freeze at Valley Forge for the sake of globalist free trade. No one sane born prior to about 1950 would have agreed with your misanthropic viewpoint.
Counterpoint 1. Joseph Stalin (USSR) Lived like a czar in walled dachas with private cooks, servants, and a luxury train. He didn’t need to “own” wealth — he owned the state, and thus everyone’s labor, homes, and property. 2. Mao Zedong (China) Died with dozens of mansions,…
When Stalin died, all he owned was a few uniforms and basic clothing. His personal belongings were quite modest. It is a complete myth that Communism makes the "elites" wealthy. The actual elites fear Communism.
Your periodic reminder that the government could seize all of American billionaires’ wealth and it wouldn’t be enough to fund its spending for a single year
Pretty much every major problem in the world would be solved by taxing billionaires out of existence
Do economic leftists ever stop and think about what it says that markets always give clear indications that their policies are disastrous? Like imagine supporting a candidate you know will tank the market. The universe is giving you objective feedback here. Take it!
Replace "Christian Nationalism" with "Soviet communism" and "Mormonism" with "religion," and suddenly the people who think there's no such thing as anti-Mormonism start getting upset about blatant anti-theism.
mormonism is like, THE American religion it was started here and obsesses over the US Constitution being divinely inspired and considers the founding fathers led by God. Which makes anti-First Amendment statements like this quite odd, no?
After a 2-day conference at Stanford's Hoover Institution honoring my friend, the economist Thomas Sowell, I was fortunate to have lunch with Tom, going strong at 95! 🧵 hoover.org/events/sowell-…
Note to all Christian denominations. The more you obsess with teaching and preaching against the Church of Jesus Christ of Latter-day Saints, the more desperate and unauthentic you appear. Do you want to one of the secrets as to why the Church of Jesus Christ of Latter-day…
This popped up on my feed today. I decided to listen since I find it interesting how much time people spend on this. Apparently, our gospel is killing souls (said at the end of the video)! Maybe it will end up converting more to the Church of Jesus Christ of Latter Day Saints....…
A reminder that claiming “it wasn’t true socialism because it didn’t actually democratize the economy” is like claiming “it wasn’t true alchemy because it didn’t actually turn lead into gold.” Make those claims if you want, but notice there’s a reason we stopped trying alchemy
Pretty weird that Dems are getting more into socialism after Chavez/Maduro made Venezuela look like it had just been nuclear bombed
The motte overlooking the bailey of twentieth century dictatorships.
This is a fairly common rhetorical move—characterizing socialism in completely benign, unobjectionable terms (“treating people equally,” “giving everyone a fair share”) instead of accurately describing it as the forcible collectivization of productive property
What gives you the right to determine who should exist? Can other people determine that you shouldn't exist?
Okay, so now we need to have protectionism to save the planet? Free trade is the best tool we have to fight climate change! Free trade in agricultural goods (liberating land and allowint for carbon sequestration), free trade in manufactured goods, free trade in equipments (AC is…
Sooner or later, the rest of the world will have to impose sanctions on the US for their exceptionally high per capita carbon emissions, their non-cooperative attitude on taxation of multinationals, etc. etc.
People calling Joseph Smith a fraud is ridiculous. A fraud? Even if you ignore the impossible doctrinal connections between the Book of Mormon, Doctrine & Covenants, and ancient scripture. You think a conman gets ripped from his bed by a mob in the middle of the…
Is everything Milei doing great? No. But he also inherited a broken currency, and even at his worst he's still doing better than the multidecade Peronist dumpster fire that preceded him & that the socialist left gave a complete pass to despite its palpable corruption.
Milton Friedman: “Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”
Is Noah not aware of China’s retreat from collectivism and rehabilitation and revival of private enterprise under and since Deng Xioaping’s leadership? No, China isn’t an exemplary free-market economy; but the fact that it has taken off only since that retreat is no coincidence!
Libertarian: Communism doesn’t work Me: China Libertarian: that’s not REAL Communism Me: … Libertarian: it’s actually capitalism actually…actually Me: so let’s do that capitalism instead Libertarian: no!! That’s Communism Me: …
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