Talkless :debian: :kde:

@fcktheworld587 @Rob200 @Radical_EgoCom > if economists understood humans and the world, they wouldn't be economists

#AustrianEconomics use ACTION OF INDIVIDUAL as a basis of the logic.

I totally agree that mainstream economics with masturbation around "aggregates" is socialist propaganda, that justifies stealing of your purchasing power via inflation (money "printing").

Cory Doctorow

Long thread/4

Contrast this with the crypto bubble. It, too, destroyed the fortunes of institutional and individual investors through fraud and Superbowl Ads. It, too, lured in nontechnical people to learn esoteric disciplines at investor expense. But apart from a smattering of Rust programmers, the main residue of crypto is bad digital art and worse #AustrianEconomics.

4/

Talkless :debian: :kde:

#economics #AustrianEconomics #mises #MisesInstitute

The more #government meddles with #FreeMarket and #money supply, the worse it gets:

"After the establishment of the Federal Reserve in 1914, twentieth-century recessions were numerous and deeper than pre-Fed recessions. There have been eighteen recessions between 1918 and 2007. Soon, a 2022 or 2023 recession will be added to this list, brought on by a massive expansion of easy money accompanied by price inflation."

mises.org/wire/how-bad-were-re

How Bad Were Recessions before the Fed? Not as Bad as They Are Now | John Kennedy

With a recession looming over the average American,…

mises.org
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@Lordimpala Examples from Basic #Economics by Thomas #Sowell:

1. In ~1960 US papers wrote that oil reserves left for only ~10 years. But after 10 years of usage, the reserves grown for another ~20 years...

2. Oil well discovered in ~1890 was considered unprofitable after years of usage, producing only ~10k barrels a day. But after engineers figured out to inject steam, it then started to produce ~80k barrels per day...

Higher prices increases supply. Basic economic law.

#AustrianEconomics

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@lukedashjr

Interestingly, just recent video released citing Sowell about minimal wage laws: youtube.com/watch?v=1DsZnI8lX-

You can try an experiment - create company giving "just", much higher wages, collect lot's of workers from "unjust" companies and.. sell more expense goods and services.

Customers will not like higher prices, so you just go bankrupt.

Unless we somehow "cancel" basic econ. law that reduced prices increases demand, all this central planing seems bonkers.

#AustrianEconomics

INDIAN LIBERTY REPORT

Fear the “Stimulus”, Not the Recession (in 20 Tweets)

The Government's “remedy” kills the patient, although the patient’s own regenerative powers are good enough.

indianlibertyreport.com/fear-t

#AustrianEconomics #ECONOMICSFORBUSINESS #LAW&ECONOMICS #MONEY #VIDEO

Mises Institute [bot]

RT Per Bylund
The typical critiques of #AustrianEconomics boil down to the critic wanting #economics to do something else, something which it cannot. twitter.com/PerBylund/status/1 #Mises

--
Sponsored-By NEW News Site:
ChestertonEagle.com

Keyvan Davani. #Bitcoin.

YouTube-Version of the Podcast-Episode #151
with Peter Young @TheAustrian3
- #Economics, #Innovation, & #Bitcoin

youtu.be/OZwj0gsI7vY
---
RT @keyvandavani
Peter Young @TheAustrian3 joins me in this fascinating episode to dive deep into the rabbit hole into
#AustrianEconomics & #Bitcoin. 🔥🧠
The highlight of our talk is the exponential acceleration of zero-to-one technological innovations rooted in Bitcoin.
bit.ly/3j…
twitter.com/keyvandavani/statu

Keyvan Davani. #Bitcoin.

Peter Young @TheAustrian3 joins me in this fascinating episode to dive deep into the rabbit hole into
#AustrianEconomics & #Bitcoin. 🔥🧠
The highlight of our talk is the exponential acceleration of zero-to-one technological innovations rooted in Bitcoin.
bit.ly/3jpjtIZ

Keyvan Davani. #Bitcoin.

Let me know your questions for my talk with Peter Young, @TheAustrian3, on Febr. 3rd, 2021, 11 am CEST.
-#AustrianEconomics for Investors & #Bitcoin.
Curious to hear Peter's thoughts, on how productivity&techn. innovations will be unleashed on Bitcoin.

theaustrian3.medium.com/

The Austrian – Medium

Read writing from The Austrian on Medium. Texts that…

theaustrian3.medium.com
Sal the Agorist [bot]

RT Per Bylund
Let's clear up some misconceptions about #AustrianEconomics. If people want to dismiss this school of thought, which many seem inclined to do for political (not theoretical) reasons, at least they should do so based on facts and knowledge, not on falsehoods. Here are corrections: twitter.com/PerBylund/status/1 #SalTheAgorist

--
Full-List of bots: joejoe.github.io/mastodon

INDIAN LIBERTY REPORT

What Happened When I Followed My Husband Down the Rabbit Hole of Austrian Economics

I am an artist. I am learning to be an economist. You can too.

indianlibertyreport.com/what-h

#austrianeconomics #economics #economicsinonelesson

Bitcoin Magazine [bot]

This should be interesting.

I'll also discuss the debate afterwards with @BTCSocialist and @vandrewattycpa.

₿itcoin Magazine: Time for our headliner debate!

@bobmurphyecon will be #HashingItOut against L Randall Wray on how to build a sound economy!

Moderated by @vandrewattycpa #MMT #AustrianEconomics

Tune in here: 👇

youtu.be/yEys5MNXmJI twitter.com/AaronvanW/status/1 #Bitcoin #Crypto #debate

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Full-List of bots: joejoe.github.io/mastodon

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