Jerry Dwyer
766 posts

Jerry Dwyer
@gpdwyer
An economist. Senior Fellow at Bitcoin Policy Institute @bitcoinpolicy. Emeritus at Clemson Univ. Interested in money including bitcoin and blockchain.



Call me old fashioned… government shouldn’t mandate an off switch for your car #KillTheKillSwitch

U.S. government is accepting donations to pay off its $39 trillion debt via PayPal and Venmo.



Ah yes, the World Bank, famously known for its free market absolutism.


Some Muslims in the US Military are asking to be classified as "Conscientious Objectors," arguing that fighting other Muslims violates their conscience and religious beliefs. ❓️: Should Muslim Service Members be granted this special exemption?


J’apporte mon plein soutien au patriarche latin de Jérusalem et aux chrétiens de Terre Sainte, empêchés de célébrer la messe des Rameaux au Saint-Sépulcre. Je condamne cette décision de la police israélienne, qui s’ajoute à la multiplication préoccupante des violations du statut des Lieux Saints de Jérusalem. Le libre exercice du culte à Jérusalem doit être garanti pour toutes les religions.

بيان مشترك من البطريركية اللاتينية في القدس وحراسة الأراضي المقدسة. Joint Press Release: The Latin Patriarchate of Jerusalem and the Custody of the Holy Land. lpj.org/en/news/joint-…

Hayek's fundamental argument about information economics implies that central planning is impossible because the information required for economic activity is only manifested in the practice of economic activity by the agents. Blocking private enterprise means blocking the process by which this information is manifested. It's not a problem of the central planner lacking computational power, or even a problem of providing incentives in order to extract the information (i.e., it's not a problem of mechanism design). His argument is that this information fundamentally does not exist in a form that can be articulated and communicated through, lets say, writing. Lets consider an example: can the average person write down their utility function in a piece of paper and give the paper to the government in such a way that the central planning computer can replicate that person's consumption patterns over a period of lets say, a year?


I seriously have had enough. My neighbor is a substitute teacher. She worked at a school this week that was not allowing snack time for any child, and no child could have his or her water at their desk, because some Muslim students were doing Ramadan. In Phoenix.


