691–700 of 812 posts
On Lex, you said you want to have Elon as dictator. Dinner is served, enjoy your meal.
The issue with these contrarians, is that all they can do is scream loudly about how shitty everything is, without any real proposals on how to improve the world. We see this all the time: MAGA in the US, AFD in Germany...
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> That takes planning, money vision and time. And a dictatorship. Democracy does not fit very well with long term plans, unless you either make huge efforts to ensure everyone gets their fair share (see Scandinavia) or you have a good plan for people being rich with not too much effort (see Switzerland and other tax havens). Concerning the USA, the divide between the extra rich and the general poor is nowadays too la…
Plenty of authoritarian countries that have been economic disasters.
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this is EXACTLY it. the rise of social media and demise of legacy media weaponized politicians to create flamewars over issues which are great for winning elections but have no real meaning for our day-to-day lives. wokeness, transgender athletes, how many genders we have on the web forms to choose from, how many "immigrants" are we going to deport... are entirely meaningless for 99.98% of the population. instead of…
Personally I don't see a use or benefit of large gender dropdowns. Either keep any existing m/f or simply remove it if you don't need to adress them as her or him. Imo making lists increases chances for stigmatization.
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This isn't a good argument as the importance of "due process" in British and American systems differs and diverges significantly both currently and historically. Actually if you study British history you'll find that what is most striking is that the United States is a departure from rather than a continuation of British legal or governance norms.
I’ve extensively studied British history and British legal history specifically. What’s striking is that America, for all the influences on it, has displayed such remarkable continuity with British tradition. Obviously there’s differences in application of those concepts after hundreds of years. But the point is that when Bangladesh drafted a modern constitution, it reached for concepts dating back to 13th century En…
This started out interesting but then the red flags started to pop up. Going to jail in Europe for posting memes, gold standard, salivating over doing something that benefits the US and hurts countries that are already poorer than the US. He has strong opinions on economics, but doesn't understand it. His points about economics are partially true but either subtly incorrect or interpreted incorrectly.
> Protectionist America is a boring place and not somewhere I want to be. It kicks the can further down the road of poverty, basically embraces socialism, is stagnant, is stale, is a museum…
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"A man has been jailed today after pleading guilty to posting grossly offensive messages on social media." - The Crown Prosecution Service https://www.cps.gov.uk/north-west/news/man-jailed-offensive-...
This wasn't someone posting just a meme online or anything. The guy was posting racist shit during civil unrest [1]. Literally throwing oil on a fire. Yeah, you are going to get prosecuted for that. [1] https://www.bbc.com/news/articles/c4gdww5lx2vo
As a liberal, your attitude is exactly what got US democrats steamrolled in the latest election.
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https://en.m.wikipedia.org/wiki/Wall_Street_crash_of_1929
That is correct.
Seemed almost like an elephant in the room for a minute there.
But looking back, was it a market "correction" or maybe just a rug-pull?
You probably had to be there.
But we knew there was nothing like it until the 1970's.
So many of the people who had lived through 1929 were still alive.
Unless you were quite fortunate in the early 1970's, you would realize that 2008 was a non-event by comparison.
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The Ludwig von Mises & Rockwell Miseans ? They want to bring back a whole lot of other bad ideas too [0]. Hence the red flag. [0] https://www.splcenter.org/resources/reports/neo-confederates...
Did you seriously just try and conflate austrian economics with racism?
Mises did it to his own ideology. He was often employed by the Hapsburgs. Otto von Hapsburg was a sponsor of the Mises institute. His writings and ideas remain fringe because it comes with the baggage of racial politics and the monarchy stuff. Modern libertarian anarchists that still follow the Austrian school may reject some of those parts but the radical organizations that have co-opted it certainly haven't... and guess who's in power right now in the US?
Besides, the Praxeological arguments and system haven't held up. The field moved on to empiricism. Mises isn't often remembered for those arguments. It's generally the other stuff people seem to dig up.
It's still a fringe theory and will probably remain that way.
Update: gold standard/gold-hoarding is strongly associated with radical right-wing extremists, hence red-flag. OP says, "diversity is our strength," which is encouraging... but gold standard stuff, even if simplistic ("gold real, debt imaginary"), is still a red-flag.
I prefer my economic takes from economists, or people who actually study these things. -there is more to an economy than manufacturing. Using manufacturing metrics to rate an economy is like scoring a soccer game based on how far your players run: in some contexts correlated with “winning” but in others it’s not. -gold is not a good currency or basis for monetary policy. -these ideas only sound self consistent withou…
> or people who actually study these things How do you define "actually study" here, and what makes you think the author didn't study the topic at all? Its totally fine if you disagree with the author's view or have additional information that they missed or didn't consider. Writing it off as coming from someone who didn't "actually study" the topic is unnecessarily dismissive.
Now we’re told it’s too complicated to understand, leave it to the experts in Washington. If we put restraints on their ability to create money bad things will happen.
Separate money and state!
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Plenty of authoritarian countries that have been economic disasters.
Sure. They say the best form of government is a benevolent dictatorship, while the worst form is a malevolent dictatorship. The problem is that the former almost always turns out to be the latter in disguise, or at least devolves into it rather quickly.