Kurt Known

Don't

[Handre @Handre]

Rothbard didn't just publish another economics textbook in 1962. He torched the entire discipline and rebuilt it from first principles, using only logic and human action as his foundation.

You won't find a single graph, regression, or statistical model in Man, Economy and State's 987 pages. Rothbard rejected the mathematical positivism that had infected economics since the 1930s. Instead, he constructed economic theory the way Euclid built geometry: starting with self-evident axioms (humans act purposefully) and deriving all economic laws through pure logical deduction. No empirical testing required. When you understand that people choose between alternatives to remove uneasiness, you can deduce the entire structure of market prices, interest rates, and capital formation without collecting a single data point.

The book systematically demolishes every interventionist policy you can imagine. Rothbard proves that minimum wage laws create unemployment, rent controls cause housing shortages, and antitrust legislation protects inefficient competitors. Not through statistical studies that opponents can cherry-pick and debunk, but through ironclad logical demonstration. When government forces wages above their market level, employers hire fewer workers. This follows necessarily from the logic of human choice.

Most economists today remain trapped in the positivist methodology that treats human beings like particles in a physics experiment. They build elaborate mathematical models that predict nothing and understand less. Rothbard handed us a complete science of human action that explains every economic phenomenon from first principles.

The establishment ignored the book for good reason: you can't refute pure logic with statistics and computer models.

[Anti Kommunistic @antikommunistic]

Communism has one of the most loyal fan bases in history.

Millions dead.

Countless failures.

Entire countries devastated.

And people still say:

“This time it’ll work.”

That’s not optimism.

That’s a cult.

[The Tuttle Twins @tuttletwins]

One of the most important economic skills a child can develop.

Before accepting an explanation for why something went wrong, trace the actual chain of cause and effect yourself.

Economic outcomes have causes. And they’re not always what they’re claimed to be.
https://t.co/EVaBLPjMSo
#EconomicLiteracy #AFreerFuture

[Handre @Handre]

Mises called it in 1920 already: socialist economies can't calculate. Without market prices, central planners fly blind. They don't know what anything costs to produce or what people actually want.

You watched this play out in real time. Venezuela's government set bread prices below production costs. Bakers stopped making bread. Shelves emptied. Meanwhile, black markets flourished with accurate price signals.

The calculation problem reveals why Soviet citizens waited in bread lines while Americans worried about which cereal to buy. Markets aren't perfect, but they solve the one problem socialism never could: knowing what to produce and how much to charge.

[Handre @Handre]

The FDA doesn't just regulate drugs. It operates the most profitable monopoly in human history, and you're paying the price in blood and treasure every single day.

When you hear "FDA approval," your mind conjures images of white-coated scientists protecting you from snake oil. The FDA creates artificial scarcity in life-saving medicines by granting exclusive market access to companies willing to navigate their $2.6 billion regulatory maze. Pfizer doesn't fear competition from superior drugs. They fear competition from cheaper drugs that work just as well.

Consider insulin. Frederick Banting sold his patent for $1 in 1923, believing diabetics shouldn't die from poverty. Today, three companies control 90% of the global insulin market, charging Americans $300 per vial for a substance that costs $6 to produce. The FDA's approval monopoly makes this possible. Every time a biosimilar manufacturer tries to enter the market with cheaper insulin, they face the same billion-dollar regulatory gauntlet that protects the incumbents.

The FDA's clinical trial requirements don't exist in a vacuum. They favor large pharmaceutical companies with deep pockets while crushing smaller innovators who might develop better, cheaper alternatives. A small biotech firm in Austin might discover a cancer treatment that works better than existing options, but they'll need $500 million and a decade of trials to prove what their lab already knows. Meanwhile, cancer patients die waiting for permission to buy medicine that already exists.

You live in a system where the government decides which medicines you can purchase with your own money, then wonders why healthcare costs bankrupt families while pharmaceutical executives buy third yachts.

[Humble Flow @HumbleFlow]

"Your punishment for having a knife when they searched you would be very different from the thief’s. For him to have a knife was mere misbehavior, tradition, he didn’t know any better. But for you to have one was 'terrorism."

— Aleksandr Solzhenitsyn

[Ava @Ava_AM12ff]

So much grace, kindness and truth given by that beautiful lady whose life was saved from abortion. Such a beautiful example in every way. 😭👏

[Zoe Michael @CharlieKir88412]

Charlie Kirk reflects how modern political voices are built in real time. 🎥 #CharlieKirk #TurningPointUSA #PoliticalDebate #USPolitics

[Elon Musk @elonmusk]

True

[G. K. Chesterton @GKCdaily]

I believe what really happens in history is this: the old man is always wrong; and the young people are always wrong about what is wrong with him. While the old man may stand by some stupid custom, the young man attacks it with some theory that turns out to be equally stupid.

[Aleksandr Solzhenitsyn @AI_Solzhenitsyn]

“Every day in the Soviet Union psychiatrists murder people with their hypodermic syringes…because they believe in God…”

[Aleksandr Solzhenitsyn @AI_Solzhenitsyn]

“The young, at an age when they have not yet any experience...are jubilantly repeating our depraved Russian blunders of the Nineteenth Century, under the impression that they are discovering something new.”

[Freehold Wallet @freehold_wallet]

Freehold RWA Tokenization Studio is live!

Freehold’s foundation now powers RWA tokenization.

[Alice Smith @TheAliceSmith]

This is why the state cannot be generous. It has produced nothing of its own to be generous with.

[nikshep @nikshepsvn]

crazy seeing people be short/bearish on crypto x ai when:

- ai generates capability without trust. crypto generates trust without capability. two halves of the same coin. (verifiable inference, on-chain attestation)

- ai centralizes by physics. crypto decentralizes by design. the only counterweight with equal pull in the opposite direction. (decentralized compute, open model networks)

- ai makes everything infinite. crypto re-anchors the things that have to stay scarce - identity, authenticity, ownership. (proof of personhood, content provenance, tokenized data)

- same substrate. zk, signatures, homomorphic encryption - the math that powers crypto is the math ai now needs. (zkml, fhe, private inference)

- ai runs at machine speed. every human institution it touches breaks. crypto is the only rail that natively keeps up. (agent payments, stablecoins, programmable money)

- ai without crypto is unaccountable. crypto without ai is inert. each is the other's missing half. (agent wallets, on-chain audit trails, smart contract guardrails)

the timing isn't coincidence. both technologies have hit escape velocity in the same window because they were always converging. (the whole stack)

and the list goes on.

meanwhile the entire crypto x ai sector trades at ~$10b market cap. less than a single ai seed round. the most important intersection of the decade is being priced like a rounding error.

not bullish enough is an understatement - this intersection is easily the most asymmetric bet on the market right now.

[Thomas Sowell Quotes @ThomasSowell]

“Most people on the left are not opposed to freedom. They are just in favor of all sorts of things that are incompatible with freedom. Freedom ultimately means the right of other people to do things that you do not approve of.”

— Thomas Sowell

[Coin Bureau @coinbureau]

🤯 Andrej Karpathy's coding rules have officially broken the internet.

[BOOKMARK THIS NOW]

144,000 stars. #1 on GitHub for 28 days straight. But 99% of people still haven't heard of them.

Here's what a CLAUDE.md ACTUALLY is, and why it quietly fixed the biggest problem with AI coding:

It's a text file Claude reads before it touches your code. Standing instructions. It never forgets them.

The 4 rules that went viral:

- Think before coding. State assumptions. Ask when unsure. Never guess.
- Simplicity first. Minimum code that solves the problem. Nothing extra.
- Surgical changes. Touch only what was asked. Every line traces back to the request.
- Goal-driven. Turn vague instructions into a test that proves it works, before writing code.

The dev who built it says it took his accuracy from ~65% to ~94%.

The rules aren't the interesting part though.

The interesting part is that almost nobody knows you can do this at all.

[Diego Angulo @AmoaHamlet]

LECCIÓN BÁSICA

➜ Las huelgas nunca han creado riqueza.
➜ El activismo nunca ha reducido la escasez.
➜ El sindicalismo nunca ha aumentado la productividad.
➜ El control de precios nunca ha eliminado la escasez.
➜ La planificación central nunca ha superado el problema del cálculo económico.
➜ La expropiación nunca ha incentivado la inversión.
➜ El proteccionismo nunca ha maximizado la competencia.
➜ La redistribución nunca ha multiplicado la producción.
➜ El igualitarismo nunca ha garantizado innovación.
➜ El gasto público nunca ha generado prosperidad.
➜ La nacionalización nunca ha garantizado eficiencia.
➜ La regulación nunca ha sustituido la coordinación espontánea del mercado.

🗯️ Conclusión: Todo lo que ha hecho y sigue haciendo la Izquierda no ha servido para absolutamente nada, típico.

[Rothmus 🏴 @Rothmus]

More poor people means more justification for high taxes on the productive.

We’ve seen this play over and over again in places like California.

Whether it’s poverty, homelessness, drug addiction, those taxes fund endless redistribution programs, vast bureaucracies, and a sprawling NGO industry that “fights” these issues without ever solving them.

If poverty were truly eradicated, the excuse for massive government extraction and patronage networks would vanish.

Keeping a permanent underclass ensures the revenue flows and the power stays concentrated.

Poverty is a feature of big government.