So many radicals, whether of the left, right, or libertarian variety, think that a system collapse will be followed by the organic emergence of their preferred system.
Unless their preferred arrangement features a lot of violence and poverty, that's very unlikely.
Dear Mises Caucus,
None of that was meant to be personal but when you harass people online, and coddle white separatism, it affects all of us involved in Austrian Economics and classical liberalism, because we become associated with that terrible nonsense.
But we'll move on now
Carlson's interview backfired spectacularly.
It confirmed what we have been saying all along:
Putin invaded Ukraine because of a delusional imperialist ideology.
"The free market is a necessary part of any stable community, and the arguments for maintaining it as the core of economic life were unanswerably set out by Ludwig von Mises."
- Roger Scruton
At the Austrian Institute we seek to educate about the foundations of a free, just, and prosperous society.
Our political philosophy is informed by engagement with the European natural law tradition and mainline economics, especially the Austrian school.
Retweets welcome.
It has been 233 years since the U.S. Constitution was ratified and 246 years since Independence.
Not once in that time did a Governor institute a more expansive School Choice policy than this man just did.
Three cheers for
@DougDucey
!
cc:
@NealMcCluskey
@DeAngelisCorey
The Austrian School is a school of economics, not political philosophy, but if you're going to associate it with a political philosophy, why not the (constitutional-democratic) classical liberalism of real Austrians like Menger, Mises, and Hayek?
It's final.
By fan vote the Menger Award for Top Economics Twitter Account goes to...
Dr. Juan Ramon Rallo
And the Mises Award for English-Language Econ Accounts goes to
Dr. Per Bylund!
Please follow the nominees:
@juanrallo
@PerBylund
@GeorgeSelgin
and
@lawrencehwhite1
Many think China is competitive with the U.S. economy but despite the availability of 2023 knowledge and technology, China's GDP per capita is still half what the USA's was in 1960.
Their model is not viable unless you think a lot of poverty is good
Two things for Austrian enthusiasts on Twitter to know:
1) AE is not a political philosophy
2) Although anarchocapitalism is popular among "Austrians" in the US, because of Rothbard, many Austrian economists are not ancaps but liberals (e.g., Menger, Mises, Hayek, Kirzner).
The
#LibertarianMoment
UFC edition:
'I love America, I love the Constitution...If you care about your fucking country, read Ludwig von Mises and the six lessons of the Austrian economic school, motherfuckers."
#RenatoMoicano
#UFC300
#libertarian
Via
Classical liberals have traditionally been skeptical of pure democracy and simple majoritarianism. Nonetheless, they have still held as vital the democratic element in constitutional republics.
But now some libertarians oppose even that. That's what the argument has been about.
It's odd that conservatives the last ten years have blamed Reaganism, its classical liberalism and support for free enterprise, instead of the more obvious candidate of Bushism, with its expansion of the administrative state, its war on terror, and its failed interventions.
Please direct your radical energies toward the following policy reforms:
* Ending the Jones Act
* Ending agricultural subsidies
* Repealing protective tariffs
* Zoning reform
* School Choice
* Repealing certificate of need laws
“... I prefer true but imperfect knowledge, even if it leaves much undetermined and unpredictable, to a pretense of exact knowledge that is likely to be false.”
- F.A. Hayek
Some ideas for deradicalization.
1) Read more books
2) Stop consuming entertainment news
3) Engage with the wisest adherents of other perspectives.
4) Engage more with the radicals in your own group.
The new African free trade area will eliminate 97% of tariffs within 13 years.
The World Bank predicts this massive trade liberalization will increase Africa's GDP by $450 billion and lift more than 30 million people out of extreme poverty by 2035.
"The argument for liberty is not an argument against organization,...but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better."
- Hayek
"One of the common misunderstandings of [Adam] Smith is that he defends the idea that greed is good. It’s important to remember that invisible hand processes only yield positive unintended consequences if the surrounding economic and social institutions are right."
- S. Horwitz
Before Milton Friedman, School Choice was mostly a Catholic thing. His intellectual support is a big reason it is now winning.
Happy birthday, Dr. Friedman!
@NealMcCluskey
@DeAngelisCorey
There are good reasons for secession, just like there are good reasons for revolution, but they really should be very serious reasons.
The worst reason ever given for secession was to own slaves. Completely indefensible.
It's an embarrassment for higher education that it still produces elite who believe in thoroughly discredited notions like degrowthism and Malthusianism.
Where to start:
1) That his argument in the Road to Serfdom was a slippery slope argument;
2) That his knowledge problem was primarily about the magnitude of data and the problem of computing it...
So the LP dream now is secession down to small communes in which they exclude those who don't share their ideals?
You can just start communes now. Nobody is stopping you.
"Profit opportunities are continually emerging, and their emergence continually generates the incentives toward their discovery and exploitation. It is this ceaseless re-creation and discovery of entrepreneurial opportunities that make up the market process."
- Israel Kirzner
Follow train for those interested in the mainline tradition of economics from Adam Smith, through Menger, Mises, Hayek, and beyond.
Include your account in the comments, and retweet.
How come the "if you were really pro-life" tweets always say you would then support welfare, universal daycare, UBI, etc., but never policies that actually bring people out of poverty like free trade, deregulation, tax reform...?
Massively underrated are the thinkers who understand complex material well enough to explain it in simple terms so others can understand it.
This can sometimes take real genius.
In economics: Henry Hazlitt, Thomas Sowell, Don Lavoie, and Steven Horwitz come to mind.
Announcing the 2023 Austro-Ordo Twitter Tournament Bracket!
(Apologizes to those who did not make it--please make a special request next March, and you will be included next year--note that many worthy people were not included).