Category: Economics, Finance, and Political Economy

  • I understand that every single cent he puts to use is INFINITELY more valuable t

    I understand that every single cent he puts to use is INFINITELY more valuable than every cent the USG puts to use. I undrestand that this is true for EVERY billionaire on earth. Govts return even less on every dollar than do charities. Gates specializes in getting returns.


    Source date (UTC): 2019-11-07 13:21:30 UTC

    Original post: https://twitter.com/i/web/status/1192431884971728896

    Reply addressees: @studentactivism

    Replying to: https://twitter.com/i/web/status/1192431264235696134


    IN REPLY TO:

    @studentactivism

    @curtdoolittle You do understand that his donations to his foundation are nontaxable, right?

    Original post: https://twitter.com/i/web/status/1192431264235696134

  • You are an envious, jealous, sick idiot. Do you have any idea what that man has

    You are an envious, jealous, sick idiot. Do you have any idea what that man has done for mankind? He’s created Trillions of wealth across billions of people by democratizing information technology previously reserved for the wealthy.


    Source date (UTC): 2019-11-07 13:19:22 UTC

    Original post: https://twitter.com/i/web/status/1192431347370999808

    Reply addressees: @existentialcoms

    Replying to: https://twitter.com/i/web/status/1192258954933370881


    IN REPLY TO:

    @existentialcoms

    Bill Gates, the supposed “good guy” billionaire not being sure if he would vote for Trump rather than have a 2% wealth tax or whatever is why billionaires cannot exist.

    No one should control that much power. They will fight to maintain their power, against democracy, every time.

    Original post: https://twitter.com/i/web/status/1192258954933370881

  • Do you think with 100b the government would do more for mankind that Bill gates?

    Do you think with 100b the government would do more for mankind that Bill gates? Do you know how LITTLE MONEY 100b is for the government? Do you have any conception of what that man has done for the world in creating tens of trillions of dollars of wealth for all of us? omg.


    Source date (UTC): 2019-11-07 13:17:12 UTC

    Original post: https://twitter.com/i/web/status/1192430802447011840

    Reply addressees: @studentactivism

    Replying to: https://twitter.com/i/web/status/1192237805554016256


    IN REPLY TO:

    @studentactivism

    You know how long it would take Warren’s wealth taxes to cost Bill Gates $100 billion, if he never gave another dollar away to charity? Forty-five years. You know how old Bill Gates will be in forty-five years? A hundred and nine. https://t.co/iMqESBFA5C

    Original post: https://twitter.com/i/web/status/1192237805554016256

  • 1) He’s gay and British. 2) He’s marxist (it’s in his notes) 3) He’s restating m

    1) He’s gay and British. 2) He’s marxist (it’s in his notes) 3) He’s restating marx in quantitative redistributive innumeracy; 4) He did not understand the consequences to capital; 5) Nor how people would run with it; 6) Hayek did but he lacked the language (or didn’t use it).


    Source date (UTC): 2019-11-06 17:03:15 UTC

    Original post: https://twitter.com/i/web/status/1192125302480277505

    Reply addressees: @TruthRespecter

    Replying to: https://twitter.com/i/web/status/1192118660032278530


    IN REPLY TO:

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    Original post: https://twitter.com/i/web/status/1192118660032278530

  • Parasites. Those who demand redistribution from the labors of others without hav

    Parasites. Those who demand redistribution from the labors of others without having earned them by production and trade.


    Source date (UTC): 2019-11-05 14:17:36 UTC

    Original post: https://twitter.com/i/web/status/1191721226118545409

    Reply addressees: @TempletonViktor @YvesBurri @SamuelWhittemo4

    Replying to: https://twitter.com/i/web/status/1191710965902925824


    IN REPLY TO:

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    Original post: https://twitter.com/i/web/status/1191710965902925824

  • This “Fascism” prevents consumption of accumulated genetic, personal, shareheld,

    This “Fascism” prevents consumption of accumulated genetic, personal, shareheld, common, social, portable, fixed, territorial, and institutional capital advocated by immoral libertarians under free trade, open borders, and the sophism of non aggression w/o including ALL capital.


    Source date (UTC): 2019-11-05 13:50:13 UTC

    Original post: https://twitter.com/i/web/status/1191714336844271616

    Reply addressees: @StefanMolyneux

    Replying to: https://twitter.com/i/web/status/1191713650509307905


    IN REPLY TO:

    Unknown author

    @StefanMolyneux One cannot morally argue against Rule of Law by Natural Law of Sovereignty and Reciprocity, where the court and jury provide a market for punishment(court) in competition with the market for rewards(the market proper), & where exists a prohibition against imposition by arbitrage.

    Original post: https://x.com/i/web/status/1191713650509307905


    IN REPLY TO:

    @curtdoolittle

    @StefanMolyneux One cannot morally argue against Rule of Law by Natural Law of Sovereignty and Reciprocity, where the court and jury provide a market for punishment(court) in competition with the market for rewards(the market proper), & where exists a prohibition against imposition by arbitrage.

    Original post: https://x.com/i/web/status/1191713650509307905

  • Authoritarianism = Borrowing by individuals, Investment by individuals, in indus

    Authoritarianism = Borrowing by individuals, Investment by individuals, in industries producible by individuals, producing returns for individuals, that is appropriated (stolen) by the state, and redistributed to non-borrowers, investors, producers.


    Source date (UTC): 2019-11-01 19:36:58 UTC

    Original post: https://twitter.com/i/web/status/1190352047998029824

    Reply addressees: @ironpatriot2016 @whysuspectus @AndrewYang

    Replying to: https://twitter.com/i/web/status/1190351589724295174


    IN REPLY TO:

    Unknown author

    @ironpatriot2016 @whysuspectus @AndrewYang Rule of law = Sovereignty, Property(Demonstrated Interest), Reciprocity, Court,Testimony, Jury, Resulting in markets.

    Socialism = Borrowing by the state, to make investments by the state, in industries producible by the state, and the redistribution of earnings into the commons.

    Original post: https://x.com/i/web/status/1190351589724295174


    IN REPLY TO:

    @curtdoolittle

    @ironpatriot2016 @whysuspectus @AndrewYang Rule of law = Sovereignty, Property(Demonstrated Interest), Reciprocity, Court,Testimony, Jury, Resulting in markets.

    Socialism = Borrowing by the state, to make investments by the state, in industries producible by the state, and the redistribution of earnings into the commons.

    Original post: https://x.com/i/web/status/1190351589724295174

  • (Nerd: Technically its an economic construct, in defense of the commons (social)

    (Nerd: Technically its an economic construct, in defense of the commons (social), but yes.)


    Source date (UTC): 2019-11-01 16:42:13 UTC

    Original post: https://twitter.com/i/web/status/1190308070188109825

    Reply addressees: @SiliconEdge

    Replying to: https://twitter.com/i/web/status/1190267461930586112


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    Original post: https://twitter.com/i/web/status/1190267461930586112

  • DEFINING SOCIALISM FOR YANG —“Journalists who come to Des Moines tomorrow with

    DEFINING SOCIALISM FOR YANG

    —“Journalists who come to Des Moines tomorrow with an open mind will have those minds blown. #Yangapalooza

    secure the center secure the future”—@AndrewYang

    —“Its not socialist to tax big tech companies and give everyone a $1,00 a month. Everyone gets it, its pay for with technology. Its not socialist!”— @ironpatriot2016

    —“Curt?”—

    Rule of law = Sovereignty, Property(Demonstrated Interest), Reciprocity, Court,Testimony, Jury, Resulting in markets.

    Socialism = Borrowing by the state, to make investments by the state, in industries producible by the state, and the redistribution of earnings into the commons.

    Authoritarianism = Borrowing by individuals, Investment by individuals, in industries producible by individuals, producing returns for individuals, that is appropriated (stolen) by the state, and redistributed to non-borrowers, investors, producers.

    The principle means by which jews,christians,muslims, in the old world, and marxists, postmodernists, and feminists in the modern world, is to use words people don’t comprehend in operational terms, to conduct false promises by sophisms that do little but bait fools into hazard.

    Unfortunately there are a lot of fools to bait into hazard.

    Unfortunately we let them vote into a single house of representatives, creating rule by majority-of-fools best deceived by false promise.

    When if we had created houses for commoners, and women we could debate and trade.

    I would happily debate Andrew because I am not aware of anyone else living who understands issues of modernity as well as I do. Because some of his desire can be produced by moral rather than immoral means. But really, he’s not very smart he just says ‘free stuff!’ for attention.

    And fools come for the bait.


    Source date (UTC): 2019-11-01 15:48:00 UTC

  • I SAID … DECLINING MARRIAGE INCENTIVES AND MALE WITHDRAWAL FROM THE LABOR FORC

    https://e9b0558e-7a7d-4b8e-a3c1-ed599eb209e5.filesusr.com/ugd/c393c3_be1795fad1bb47cdbf28bed27ee45ea6.pdfLIKE I SAID … DECLINING MARRIAGE INCENTIVES AND MALE WITHDRAWAL FROM THE LABOR FORCE

    —“Why have so many young men withdrawn from the U.S. labor force since 1965? This paper presents a model in which men invest time in employment to enhance their value as marriage partners.

    When the marriage market return on this investment declines, young men’s employment declines as well, in preparation for a less favorable marriage market.

    Taking this prediction to data, I show that fewer young men sought employment after TWO interventions that reduced the value of gender-role-specialization within marriage:

    i) the adoption of unilateral divorce legislation, and

    ii) demand-driven improvements in women’s employment opportunities.

    I then show, using a structural estimation, that half of the employment effect of a labor market shock to men’s wages is determined by endogenous adjustment of the marriage market to the shock.

    These findings establish the changing marriage market as an important driver of decline in young men’s labor market involvement.

    That is from the job market paper of Ariel J. Binder, job market candidate from the University of Michigan.

    https://e9b0558e-7a7d-4b8e-a3c1-ed599eb209e5.filesusr.com/ugd/c393c3_be1795fad1bb47cdbf28bed27ee45ea6.pdfUpdated Oct 31, 2019, 9:21 PM


    Source date (UTC): 2019-10-31 21:21:00 UTC