Samuel Cohn

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Samuel Cohn

Samuel Cohn

@Samuel__Cohn

Professor of Sociology Texas A & M Specialties: History, Economic Development, Gender Author of All Societies Die How To Keep Hope Alive (Cornell 2021)

Katılım Ağustos 2019
529 Takip Edilen487 Takipçiler
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Those Who Forget the Lessons of History Are Doomed to Repeat Them. (paraphrase of George Santayana)
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Alec Nove actually convincingly argues computing power was PRECISELY what brought down the command economies of Eastern Europe. He argues that the centralized plans of the Soviet Union were unfeasible because no one could imagine every small need that would come up. The un-thought-of small details wrecked every calculation made in the five year plans. See Noves "Economics of Socialism".
Rudi Bachmann@BachmannRudi

Technosocialism won’t work, because the problem with central planning was never about computing power.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
How did private property maintain itself with the physical force necessary to fight off bandits and raiders. Once you have force, you have the evils of taxation, but without the rulebook. If you want a world with no state, try living in the Eastern Congo under the bandits.
Handre@Handre

Taxation is theft—not metaphorically, but literally. The state takes your property under threat of violence without your consent. And the fact that they call it "social contract" doesn't magically transform robbery into virtue. Private property precedes government.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
I believe in the history of Western thought, there were more than one writer who incorporated ethics into their thinking. They did not all agree with Ayn Rand.
Handre@Handre

Ayn Rand understood something that most economists refuse to acknowledge: the moral case for capitalism isn't about efficiency or outcomes, but about human nature and individual rights. While Chicago School types fumbled around with utilitarian arguments and Keynes pushed his theft-based economics, Rand cut straight to the philosophical core. Her genius wasn't in economic theory per se, but in recognizing that economics flows from ethics. You cannot have sound economics built on the premise that some humans exist to serve others. The collectivist mindset that birthed central banking, progressive taxation, and the welfare state stems from the same moral rot: the idea that individual achievement is somehow a debt owed to society. Rand's critics—mostly government-funded academics and their useful idiots—love to attack her fictional characters while ignoring her central insight. Every economic intervention, from price controls to antitrust laws, rests on the premise that productive individuals have no right to the fruits of their labor. Every regulatory agency assumes bureaucrats know better than market participants how to allocate resources. But here's what drives the statists insane about Rand: she refused to apologize for success. While modern libertarians often accept the Left's moral framework and argue that free markets coincidentally help the poor, Rand said the quiet part out loud. Capitalism is moral because it rewards virtue—rationality, productivity, trade—and punishes vice. The Austrian School provides the economic framework, but Rand provided the moral foundation that makes resistance to state power philosophically coherent. Without that moral clarity, you end up with compromise, pragmatism, and eventually the acceptance of "necessary" government interventions that metastasize into the bloated surveillance states we inhabit today.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
If you think Keynes said fiscal restraint is unnecessary, then you have just flunked your course in macroeconomics. This is like saying that the wine sommelier at your favorite restaurant believes everyone should be alcoholic.
Handre@Handre

John Maynard Keynes convinced politicians they could spend their way to prosperity by stealing from savers through inflation. His "genius" was telling power-hungry bureaucrats exactly what they wanted to hear—that fiscal restraint is unnecessary.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Screens have been pathological. But low teacher pay and a culture of blame the teacher for everything is even more demoralizing. Students and parents who don't respect teachers are a huge percent of the problem.
Boze the Library Owl 😴🧙‍♀️@SketchesbyBoze

Every teacher I know personally is leaving the profession because students have become unteachable. They don’t read, they don’t talk to each other, they have no curiosity, no passion, no interest in learning. Giving kids unfettered access to screens has ruined a generation.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Of course many effects are invisible because they are imaginary. The Emperor's new clothes were invisible. Economists buy a lot of invisible clothing and then walk around naked.
Milton Friedman Quotes@MiltonFriedmanW

Milton Friedman: “There are two sets of effects of any action: the immediately visible effects and the widespread invisible effects.” “The invisible effects are often much more important than the visible ones, but people don’t see them.”

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Ever notice how economics on X consists of sound bytes? Nothing that would convince someone from the other side But feel good material for the already on board. On the internet, material that simulates people by catering to their personal fantasies is called porn.
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Trump says he needs no help to open the Straits of Hormuz. In fairness - if his policy is America first and dependency on no one - Handling this kind of military job needs to be a solo show. Talk the We Need No One Talk/ Walk the We Need No One Walk.
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
The ultimate failure in life for a psychopath. You decide to "go out big" by shooting up Old Dominion. And you don't even make the headlines because there is an even bigger attack up in Michigan. #terrorism
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Venal insufficiency also causes swollen ankles. Being overweight intensifies the bad effects of venal insufficiency. Trump's kidneys may be just fine - even if some of his veins are closing down.
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
So explain why China had the highest rate of economic growth in economic history in the 1990's and 2000's. Explain why South Korea which is capitalist but WITH centralized planning had the second highest rate of economic growth.
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
No major industrial society has ever been socialist. Russia was state-run capitalism. They were bad at it. The fastest economic growth in history was recorded by China Post Mao. China is still communist. Plenty of societies have taxed and regulated the rich and had high rates of growth. Switzerland and Germany are a good examples.
Connor Boyack 📚@cboyack

They say capitalism makes the rich richer. Capitalism also lifted 2 billion people out of poverty in 30 years. Socialism has never done that. Not once. Not anywhere.

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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
War is horrible. But high gas prices are good. It is the only thing that makes Americans conserve energy and save the planet. They work best when they are permanently high. Every politician who lowers gas prices is accelerating the destruction of our world.
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Samuel Cohn
Samuel Cohn@Samuel__Cohn·
Michael Hudson undoubtedly thinks that. Those who obtain and inherit predatory wealth do not obsess about destroying heterodox economics so they can maintain political control. They mostly think about which politicians they can buy. Economics is a Tier III priority.
Relearning Economics@RelearningEcon

"Those who obtain or inherit predatory wealth and privilege realize the ultimate means of imposing austerity and demolishing the power of democracies is deception and junk economics" -Michael Hudson

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