Economic Analyst

Using Austrian insights to provide helpful information about the U.S. economy

[Economic Analyst @TheEconAnalyst]

Pinning this.

[Western Lensman @WesternLensman]

Mamdani says not only will residents not flee — people will want to move to NYC if he wins:

"I'm confident that New Yorkers will choose to not only remain here, but also that others will choose to join us in this city."

[Economic Analyst @TheEconAnalyst]

@esgusrdo @lion_politics Drop the "n't"

That'll fix your statement.

[Economic Analyst @TheEconAnalyst]

@jackvlloyd Jesus Huerta de Soto. Big fan of Milei though.

[Estado Mínimo @xestadominimo]

“El socialismo necesita propaganda porque la realidad siempre termina contradiciéndolo”.

- Aleksandr Solzhenitsyn -

[Economic Analyst @TheEconAnalyst]

@TheCurlyWDude @OpenSourceZone Sanchez won?! But the polls had the anti-fascist anti-oligarchist leading.

[Economic Analyst @TheEconAnalyst]

@MattNachtrab @nypost @txind1836 Bingo.

[Milton Friedman Quotes @MiltonFriedmanW]

“Government is a way by which every individual believes he can live at the expense of everybody else.”

— Milton Friedman

[Economic Analyst @TheEconAnalyst]

@Harri18971 @RandomHvacGuy You know what the funny part is. You appealed to the supernatural as well, lol.

[Economic Analyst @TheEconAnalyst]

@Harri18971 @RandomHvacGuy Denying the supernatural is just a willful refusal to follow logical axioms.

Athiests and logic. Not quite mixing.

[Economic Analyst @TheEconAnalyst]

@KSCPUSA @NekoKirito7 Why aren't there enough homes ever built in socialist countries?

[Martin Sellner @MartinSellner_]

The utter hypocrisy of German media.

[Economic Analyst @TheEconAnalyst]

@frankymfran @OpenSourceZone Correction, this is what California would look like (eventually) if it were fraud free. :)

[Economic Analyst @TheEconAnalyst]

@Harri18971 @RandomHvacGuy The context of my statement applied to the natural, not the supernatural. Context clues are your friend.

If there is a finite past, then there is a beginning to time. If there is beginning to time, then that's the beginning of space and matter -- a creation if you will. :)

[Economic Analyst @TheEconAnalyst]

@EJRedbeard @Chet_Cannon He's ragebaiting. Block him.

[Economic Analyst @TheEconAnalyst]

@Harri18971 @RandomHvacGuy Nothing is eternal. If there are an infinite amount of yesterdays, there can be no today. To put it succinctly, there is an uncaused cause.

[Economic Analyst @TheEconAnalyst]

@SerenadingVoid @ExSyde @jonWalk49263541 @Fishythefox2 He's shaken that he can't refute my points. He has to appeal to dogma.

[Economic Analyst @TheEconAnalyst]

@ExSyde @jonWalk49263541 @SerenadingVoid @Fishythefox2 Exactly. Utility can't be measured in any other way besides having consumers willingly purchase products and services vs the alternatives.

[Economic Analyst @TheEconAnalyst]

@ExSyde @SerenadingVoid @Fishythefox2 Value is what someone is willing to pay for something vs the next best thing.

If what you said is true, that labor determines value, no business could ever suffer a loss. The fact that businesses do is proof that value is not determined by labor.

[Economic Analyst @TheEconAnalyst]

@ExSyde @SerenadingVoid @Fishythefox2 It can't since labor is the determining factor and not the consumer. I wasn't referring to "social averages". I'm referring to one person buying a whole pizza vs pizza by the slice. The whole pizza will always be cheaper. Without price, value cannot be calculated.

[Economic Analyst @TheEconAnalyst]

@ExSyde @SerenadingVoid @Fishythefox2 I'll give you another tidbit labor theory of value fails to account for. Value is determined on the margin, not the total units produced on the product, but rather incrementally unit by unit. It's the reason why buying in bulk is cheaper than buying individual units.