Keynes’ Math Errors

Lord Keynes, inventor of the highly esteemed make-believe system we call Keynesianism, believed that a “multiplier effect” would take place when the government spent money in one area or other. Similar to the idea of “velocity of money,” this nonsense “showed” that money the government spent on Social Security, war, or food stamps, would move…

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THE ROBOTS WILL TAKE OUR JOBS!

One of the most basic but commonly misunderstood aspects of an economy is the fact that robots and machines that rid us of the work of several people are GOOD for everyone.We are only able to eat and enjoy the luxuries we do today because of tools and machines that make the creation of goods…

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Morality vs. Law, Briefly

Those who have trouble with formal logic have huge problems in a society where legality is often equated with morality. This is a very very basic premise: What is moral is not necessarily legal, and what is legal is not necessarily moral. In fact, we have four categories that are possible in reality (and an…

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Let’s Get Physic(s)al!

A few recent & not-so-recent physics breakthroughs necessitate mention today… Spooky-Action-at-a-Distance (that is, the process in which two particles that have become quantum-entangled and are separated by vast distances exhibit faster-than-light information transfer – generally, according to Einstein’s Theory of Relativity, a physical impossibility) has been shown to be at least 10,000X the speed of…

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Intellectual Property – A Debate

Bob Wenzel over at Economic Policy Journal, a site I check regularly, has been hyping up a debate between himself and Stephan Kinsella, a renowned libertarian intellectual property attorney, concerning the topic of copyright, patent, and trademark. As you may have seen on SNV before, I enjoy listening to and posting debates that stimulate and…

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Snoop Lion & the Propaganda Mill

Snoop Dog Lion has a new song out, featuring Drake. It cracks me up: Here is a guy who has, his whole career, made music about “bitches & bling” and guns, and it often pictured holding a weapon on album covers. But let’s give him the benefit of the doubt here. Maybe he wasn’t implored…

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