Wang Mang seized the Han throne in 9 CE and immediately got to work proving that central planning destroys faster than any invading army. His Xin dynasty lasted fourteen years. The lesson cost millions of lives.
Mang nationalized land and redistributed it to peasants, abolishing private ownership in a single imperial decree. The result: farmers stopped investing in their fields. Why drain a well you do not own? Agricultural output collapsed precisely when population pressure demanded more food, not less.
He fixed grain and cloth prices to "protect the poor." Merchants stopped selling at a loss, supply dried up, and the poor he claimed to protect starved. Price suppression destroys market signals and produces shortage.
Currency debasement compounded everything. Mang reformed coinage four times between 9 and 14 CE, replacing heavier bronze coins with lighter ones while demanding the old exchange values hold. Chinese merchants figured out Gresham's Law immediately and hoarded the old metal. Trade seized up.
His salt and iron monopolies, justified as revenue tools, strangled the artisan economy that Han prosperity had built over two centuries. State monopolies run politically, which means they run badly.
By 23 CE, famine and peasant revolt erased him and his dynasty entirely. The Red Eyebrow rebels did not read economic theory. They just noticed they were hungry. Mang gave them every reason to be, having replaced a functioning market order with fourteen years of bureaucratic improvisation, each intervention generating the crisis that justified the next one.
Make sure you’re sitting down for this…
Ohio Judge Tammie K. Hursh just sentenced Haitian illegal Yvio Michel to just 20 DAYS in jail after he caused a crash that kiIIed a father and his son
20 days for kiIIing Hurshel Gipson and his 11-year-old son, Michael.
This is NOT justice.
Ms. Hathaway, have you ever seen an abortion? Can you describe the process? The instruments used?
Please describe exactly how these correlate with the notion of mercy. Spare no details.
REQUEST FOR DOJ ACTION:
Gov. Gavin Newsom signed a law that punishes the people EXPOSING fraud instead of the people committing it!
I’m asking the U.S. DOJ to intervene against AB 2624 — the “Stop Nick Shirley Act” — and stop this attack on citizen journalists and the First Amendment.
I need more clarity as to why the guy on the left was just sentenced to 4 years of house arrest after shooting 4 people in a bar at Indiana University in 2022 while the grandma on the right was sentenced to two years in prison for praying outside of an abortion clinic in 2020:
Free speech died in CA this week, as CA Dems passed the Stop Nick Shirley Act to make it a crime for journalists to expose fraud. They also cut the mic on the assembly floor to prevent criticism of the bill. Here's how bad this bill is, and how you can help us restore free speech - WATCH: full video available on YouTube!
@LifeNewsHQ Oppose. Realistically surrogacy is human trafficking it the buying and selling of human beings for a price. I'm very confused on how it's remotely allowed.
Here is Minnesota Gov. Tim Walz signing the bill to legalize killing babies in abortions up to birth.
Democrats are literally applauding.
If you're celebrating the dismemberment and destruction innocent little babies you're evil.
WOW 🚨 Airlines in America are using “surveillance pricing” CONFIRMED
One JetBlue customer had the price of their plane ticket double in one day because the data the airline collected showed they were flying for a funeral
“This is one of the biggest scams in American history. Do you think that it would be fine to double or triple the price of an airline ticket for someone flying to a funeral?
There was a disturbing incident that played out on X, that shed some light, I think, on how airlines are using surveillance pricing in real time right in front of us. I think I've got the relevant exchange over my shoulder here. (SEE VIDEO IT’S WILD)
“$230 price increase. They're gonna figure out how they can rip you off one person at a time. They're not gonna charge you the same fare they charge your neighbor. They're not gonna charge you the same fare as the guy sitting next to you in the seat. They're gonna figure out how they can bilk you out of every dime they're willing to pay every time you step on an airline”
“It's gonna be the grocery stores and everybody else until we figure out how to bring transparency, how to bring honesty and some protections for the American consumer”
“This is one of the biggest scams in American history”
I went and found the original post and can confirm JetBlue is trying to hide that they are using surveillance pricing because they deleted their comment. The evidence was deleted