Keynesians, that is. You cannot fix the economy with a top-down approach, because wealth cannot be generated by the state. They can’t figure it out, and it is hilarious albeit unnerving that the ideology would persist. Why is the economic response to increased government spending so different from the response predicted by Keynesian models? What…
DetailsConsequentialism is the moral calculus of a robot or psychopath: Utilitarianism has a superficially plausible method for solving moral decisions: the greatest good for the greatest number. If I can save five people from a speeding train by pushing a fat guy onto the railway track, why not? Out of six people, five are still…
DetailsIn an effort not to overwhelm you, yesterday I left you hanging without posting an undermining thesis as to why government spending is bad in and of itself. Finally, the very important thesis itself, in a collection of well-placed words (This explanation is a bit more technical than the excerpts of yesterday, and in attempt…
DetailsHere it is, a summation of why government spending as a whole is bad economics. Let us begin with a video… More people should listen to this guy:How stupid does that reporter sound when she tries to spin things to be “positive”? HELLO LADY, THIS GUY CALLED THE COLLAPSE AND SAYS THINGS ARE GETTING WORSE,…
DetailsIf at first you don’t succeed, lie, lie again. Anthropogenic global warming (AGW) is not science. Science is, by definition, falsifiable, and requires testable hypotheses that can be confirmed in a laboratory with conditions that can be manipulated. None of these aspects are present in AGW. You are not stupid if you don’t believe in…
DetailsBrought to you mainly by the U.S. of A, where grades are inflated, feeling good about yourself is more valuable than the pursuit of truth, and everyone has access to higher education, which thins out its potency… If I were to speechify to a conclave of Tea Partyers, “America is the free-est…the most democratic…the best…
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