J. K. Goldstein

“An if we live, we live to tread on kings”

[J. K. Goldstein @_JGoldstein_]

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
- Joan Robinson

[J. K. Goldstein @_JGoldstein_]

@anarchomorphist @LPMisesCaucus And continental breakfasts

[J. K. Goldstein @_JGoldstein_]

@LPMisesCaucus Then how do you explain all the continental breakfasts I’ve gotten while on vacation?

[J. K. Goldstein @_JGoldstein_]

@GoodPoliticGuy I’d like to see them try to explain the continental breakfast.

[J. K. Goldstein @_JGoldstein_]

@ZindoNow @zerohedge Interest payments

[J. K. Goldstein @_JGoldstein_]

@fatbabyfunds What does that mean?

[Kyla Scanlon @kylascan]

"The constant scrolling tells us that nothing is worth remembering, nothing is worth reflection, nothing is worth production because the act of consumption is simpler. If you just keep scrolling, maybe that weird disjointed feeling will finally go away."

[J. K. Goldstein @_JGoldstein_]

@GRomePow @GeorgeGammon It’s not true at all, at least not in the way that the word is understood when used by almost everyone.

[J. K. Goldstein @_JGoldstein_]

Inflation is always and everywhere a monet… political phenomenon.

[J. K. Goldstein @_JGoldstein_]

@BevansAdvocate Tempted to open this one back up for a second reading.

[J. K. Goldstein @_JGoldstein_]

@DouglasKMurray @Nigel_Farage No. ‘Cultural Marxism’ is generally regarded as a made up term some conservatives love to use when they want to sound more intellectual.

[J. K. Goldstein @_JGoldstein_]

@lisaabramowicz1 @kat_marianna Aren’t major economic downturns not the kind of events you see coming? They tend to occur when they are least expected.

[J. K. Goldstein @_JGoldstein_]

Maybe “the government” has been co-opted by the rich to function as the scapegoat for the ruling class.

[Darth Powell @VladTheInflator]

All the government does is steal money from the unrepresented Middle Class so they can give it to the poor and lower the taxes of the rich.

That's it.

[Ian Malcolm @IanMalcolm10]

Wealth inequality in 4 countries since 1900 (share of total wealth). The US is the only one that's unsurprising. From the forthcoming *Richer and More Equal* by Daniel Waldenström.

[J. K. Goldstein @_JGoldstein_]

@kcismek37 @T0MAS1957 @GunnelsWarren Turnover costs are a part of production costs. Reducing turnover reduces production costs.
I believe Seattle has shown that not theory, but practice proved a $15 min increased employment.

[J. K. Goldstein @_JGoldstein_]

@GRomePow I think some pretty good arguments have been made that flat taxes are extremely regressive, taxes don’t actually pay for anything, and taxes do serve a useful function to incentivize behavior and distribute wealth more broadly across the economy.

[Bruce Bartlett @BruceBartlett]

Corporate bureaucrats are probably worse than government bureaucrats, and we deal with the corporate-types far more frequently. Try calling customer service for any big company. The irony is that only government bureaucrats can control the corporate bureaucrats.

[J. K. Goldstein @_JGoldstein_]

@MrAndyNgo @GRomePow Can we get statistics of white on white crime during holiday weekends throughout the year?

[J. K. Goldstein @_JGoldstein_]

@seanilles @BenBurgis @djenebajalan Socio-political debate and cultural debate are vastly different than debates about science. It’s two different languages.
Technical knowledge and understanding is no match for confirmation bias and naive intuition.

[J. K. Goldstein @_JGoldstein_]

@dieworkwear The irony is that his whole look is a Hollywood version of a mid century FBI agent.