duff837

@WasOnceLoved @PhilArmstrong58 @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze I'm sorry science nor history support your political policy preferences. It must be hard

@duff837 @PhilArmstrong58 @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze Neither are science. Not even close.

If you call yourself an economist and this is your opening bid… expect pushback. Infantile and reductive misrepresentation. Who makes such a claim? No one. Prof Strawman strikes again.

@JohnRad15 Those who defend Capitalism are against State interference on a moral and consequentialist basis. Claiming State is part of Capitalism not only is confusion but ineffective.

@duff837 That's a nothing comment. I dislike capitalism and i know what I am talking about.

Reposting because I think this is an important point. Capitalism enforces its specific land regime, making land a commodity. It does so using police with guns. That is profound state interfence in the economy.

@JohnRad15 Denial isn't just a river in Egypt You dislike Socialism, but are calling it Capitalism

@duff837 Oh sure it is, even if some asshole said otherwise. Hazlitt, Sowell, Hayek... three men on a raft.

@PhilArmstrong58 @WasOnceLoved @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze MMT is a description of the political institution of fiat money, attached to normative policy preferences MMT tells us nothing about the world, exchange, or human behavior as a relationship between ends & scarce means which have alternative uses MMT is politics AE is science

@WasOnceLoved @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze The Austrian School fear MMT. MMT reveals underlying real world mechanisms which explain actual events. Austrian Economics tells us nothing about the world as it is, only about a world deduced from axioms which are philosophically trivial.

@WasOnceLoved @PhilArmstrong58 @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze This is a significant misunderstanding of what Economics is as a science and what it studies. Prediction, empirical modeling and idology are not part of Economics. It appears most likely that you know this and are simply projecting.

@PhilArmstrong58 @russnelson @PerBylund @crimsonace @MMT101DotORG @widespreadhaze The Austrian School in particular. The only discipline where the model failing to predict reality is… reality’s fault.

"I have sought to draw up a balance-sheet of the benefits that each corpse has bought, the sum has added up to zero, and zero means nothing." - Anselme Bellegarrigue

@AdrianJ82922837 @Ouroboros88_ Libertarianism is a political philosophy which says: liberty is the only moral and the most effective political system lewrockwell.com/2007/12/murray…

@Ouroboros88_ Can you summarize your ideology in a couple words? "Be nice to people" okay but that's like every ideology, can you be more specific? "Less government" okay so in reality you have nothing and then you wonder why your ideology never has completed anything

@AdrianJ82922837 @Ouroboros88_ Libertarianism - The political (coherent, consistent, and rigorous) philosophy created by Murray Rothbard rooted in property theory (self-ownership + homesteading + private property ethics) In sum: private property & non aggression as the only true way to max human liberty

Leftists think being a moral person means standing around making demands, instead of learning a damn thing about how anything works so that their hopes might be realized. So they simply pile up mountains of corpses, but they're sure they're the moral ones

@EYakoby @LibertyLockPod doesn't know Libertarians are against anyone having nuclear weapons

I got Clint Russell to just flat out admit that he’s totally fine with the Islamic Republic obtaining a nuclear weapon.

@ThomasSowell This is not a Fredrick Hayek quote. This is a Peter Drucker quote. Hayek quotes Drucker in The Road to Serfdom.

"Fascism is the stage reached after communism has proved an illusion." — Friedrich Hayek

“Private property is the material extension of individual sovereignty. Leftists and crony businessmen hate it because they cannot control or exploit an independent citizen.” — Javier Milei

@MazzucatoM The common good (political / normative claims) has nothing to do with the field of Economics (the study of human behavior as a relationship between ends & scarce means which have alternative uses)

We talk about doing good all the time: on inequality, inclusive growth, climate, health. So why do we fail along the way? Because economics lacks a coherent theory of the common good. The compass in The Common Good Economy holds everyone who claims to pursue the common good accountable: purpose, co-creation, shared knowledge, shared rewards, transparency. Spoke with @peter_tl for @Reuters The Big View, links below. Listen ➡️ reuters.com/podcasts/the-b… Order the book ➡️ marianamazzucato.com/books/the-comm…

Consumers set the rules under Capitalism.... something everyone has known since at least 138 years "price is actually limited and determined by the valuations of the buyers alone." Boehm-Bawerk, The Positive Theory of Capital, 1888

@ItsLulu_7 Consumers set the rules.... something everyone has known since at least 138 years "price is actually limited and determined by the valuations of the buyers alone." Boehm-Bawerk, The Positive Theory of Capital, 1888

Capitalism sets the rules

Rothbard's greatest contribution was building the entire intellectual architecture proving why every state intervention backfires, from antitrust law to central banking to public education. Government is organized theft. You get pristine economic logic married to rigorous historical analysis. Man, Economy, and State demolishes Keynesian fallacies with mathematical precision. The Mystery of Banking exposes how the Fed creates boom-bust cycles through credit expansion. Most economists split hairs over policy tweaks. Rothbard proved the state itself violates basic property rights and economic law.

Name a book that you think is 10/10. But only one.