Chris Freiman
@cafreiman
Professor, John Chambers College of Business and Economics at WVU | Libertarianism, neoliberalism, effective altruism
271 Following 38.1K Followers
Some myths that refuse to die:
1) The poor are getting poorer
2) Unions have been the primary driver of the reduction in work hours
3) Social spending is decreasing
4) Government officials could massively increase revenue by raising taxes on billionaires
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NFL fans deciding to inspire change after seeing “Inspire Change” written in the end zones:
Why do people spend more than $7 on anything when there isn’t a price floor?
If there were no minimum wage, know that your employer would pay you a whole lot less than $7/hr
Notice that no one thinks that immigration makes it more difficult for people to buy phones, shoes, food, etc.—the discussion always focuses on housing. So the takeaway should be that there is a problem with the housing supply, not immigration.
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Q: How does the right and yourself expect us to start families young when the average price of a home in America costs more than $415,000 which feels out of reach for us.
Vance: The reason why housing exploded is in part because we allowed 20 million illegal aliens into our country to buy homes that ought by right go to American citizens.
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Even if you’re pro-voting, you should applaud the efficiency of Larry David’s decision to leave the line at the polls on the condition that the guy voting for the other candidate leave too.
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There is basically no starvation in America, although there is starvation in countries with widespread nationalization.
All I'm saying is that if you had a tribe of say 100 people and 5 of those people hoarded 95% of all the resources while half the tribe starved the rest of the tribe would eventually nationalize SpaceX
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These attempts to defend a mass murdering dictator are simply bizarre.
A reminder for those who forgot recent history that there was a time - not that long ago - when France used to have its own independent view of the world.
A time when France's range of acceptable opinion on China was wide enough that its flagship news magazine (not at all known for its communist leanings) hailed Mao as "a giant of history, poet, strategist and prophet" on a 1976 cover 👇
And a time when a centre-right French president - Giscard d’Estaing - mourned him as "a beacon of world thought" (
Today, saying something even remotely positive - or even neutral/nuanced - about China immediately gets you branded as a "CCP propagandist paid by China to bring down the West" 😅
I laugh but it's actually pretty sad when you think about it: not that France should go back to calling Mao - or Xi - a prophet, but, almost by definition, a country whose range of acceptable opinions has so dramatically shrunk in so little time has entered a new dark age, branding every dissonant voice a heretic and every attempt at understanding an act of treason.
Which means, somewhat paradoxically, that those who refuse the doxa and still dare to express nuanced opinions, and get called traitors for it, may actually be the most patriotic of the lot, those who believe in France the most.
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It’s worth remembering that a lot of fashionable political extremism such as praising Mao can be explained by the fact that making outrageous and radical claims signals a stronger commitment to your in-group and its causes than making more sensible and measured claims—by analogy, stating that you agree with the group that 2+2=5 shows that you’re loyal to the point of absurdity.
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Important community note:
The upshot of Nozick’s thought experiment is that we cannot determine whether a distribution is just simply by checking it against a preferred pattern (for instance, that no one makes 800 times the median income); what matters is whether someone acquires income via voluntary transactions.
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When Nozick published this thought experiment, Chamberlain — the world’s best and most famous basketball player — was making 20 times the median income. Now every player in the NBA earns that, and there is a player on each team making 800 times the median.
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Another example of a “democratic” socialist who can’t bring himself to wholeheartedly oppose authoritarian socialism:
The economic harm to Cuba caused by the US embargo is very small compared to the economic harm to Cuba caused by the Cuban government’s socialist policies.
@ERodforCongress @AngieNixon The suffering of Cuba is due to you and your country illegally embargoing them for 60 years. Why don't you stop doing that?
Marx: Money “transforms fidelity into infidelity, love into hate, hate into love, virtue into vice, vice into virtue, servant into master, master into servant, idiocy into intelligence, and intelligence into idiocy.”
Also Marx:
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An interesting asymmetry: when rich egalitarians fail to give to particular individuals in need, socialists will excuse it on the grounds that poverty is a structural problem, but those same socialists will criticize employers for offering low wages to particular employees.
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Restrictions on immigrant labor are restrictions on the free market.
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If you were an enthusiastic supporter of Graham Platner like Robinson was, you should probably refrain from giving Democrats campaign advice.
Although I have to say, this is also Jackson's fault. They can only tell you what to do if you let them. The candidate is ultimately responsible for their own campaign.
Capitalism is good for workers.
$200,000 to manage an In-N-Out, nearly 4x the national average for fast food joints.
The burger chain confirms its store managers earn on average more than $200,000 annually.
Restaurant data puts the average fast-food manager salary at roughly $59,811, a big drop from the famous burger spot.
In-N-Out says the eye-popping pay isn't an accident. It's part of a decades-old philosophy established by founders Harry and Esther Snyder to treat associates "like family" and offer higher-than-normal wages.
Read how that philosophy continues to shape the company today:
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