austriano

[austriano @austriano21]

@PiusSprenger Watch this?

[Bob McElrath @BobMcElrath]

Status report on reverse-engineering the universe (Lean proof files):

744 files, 7703 theorems, 297 axioms, 101 sorries

[austriano @austriano21]

@adam3us @TFTC21 @blksresearch It's worse than that, he thinks it's cooked because of the "security budget" lol

[austriano @austriano21]

@PiusSprenger Kann man den Artikel mit sats freischalten?

[austriano @austriano21]

@nntaleb Not as smart as you though

[Handre @Handre]

Mises obliterated the entire socialist project in 1920 with one devastating insight: "Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation." The socialists spent the next century pretending this problem didn't exist while their economies collapsed around them.

And yet here we are, watching politicians promise they can "fix" healthcare, housing, and energy markets through central planning. They can't even calculate the cost of their own programs correctly — how exactly are they going to allocate resources across an entire economy?

Every Venezuelan breadline, every Soviet grain shortage, every Chinese famine was just Mises being proven right in the most brutal way possible. But sure, let's try democratic socialism this time. What could go wrong?

[austriano @austriano21]

@giacomozucco Oh, the security budget - I wonder what Mrs. Carter thinks about it

[austriano @austriano21]

@dotkrueger How much tax do you have to pay on that?

[austriano @austriano21]

@BobMurphyEcon https://t.co/YcEVcaxIQ1

[Fred Krueger #BIP-110 @dotkrueger]

🚨THE FUTURE IS STOCHASTIC🚨

Even if you know Bitcoin will follow a power-law curve, the ride will be volatile. How will just HODLing do versus kelly criterion rebalancing at 70% and 50% BTC?

We tested this out using 1,000 Monte-Carlo simulations, starting with 100K. 1/6

[austriano @austriano21]

@moneyordebt Mike Green's ego is too big for Bitcoin

[austriano @austriano21]

@_FriedrichMerz lol, lmao

[austriano @austriano21]

@Chesschick01 @GadSaad Suggestion: https://t.co/A4ZhZOvn1Y

[austriano @austriano21]

@MauriceHoefgen Du bist wirklich der größte Clown Deutschlands

[austriano @austriano21]

@PiusSprenger Braindead

[austriano @austriano21]

@_FreeMarketMind @ThorstenPolleit Weil er es nicht verkraften kann mit seinem Hintergrund kein Early Adopter gewesen zu sein

[MⒶrtin C. Gamazo🏴🐍🇦🇹 @MartinCGamazoR]

"Our investigations support the suspicion that Hayek's fame has little to do with his importance as a social theorist, but rather with the fact that his theory poses no threat whatsoever to the currently dominating statist ideology of social democracy, and that a theory which is marked by contradiction, confusion and vagueness provides an unlimited reservoir for hermeneutical endeavors.
He who searches for a champion of the market economy and of liberalism must look elsewhere. But he must look no farther than to Hayek's teacher and mentor: the great and unsurpassed Ludwig von Mises."

-Hans Hermann Hoppe, Hayek on Government and Social Evolution.

[F. A. Hayek Quotes @FAHayekSays]

“Profit tells us where we can make the best contribution. By pursuing profit, we are as altruistic as we can possibly be.”

— Friedrich Hayek

[austriano @austriano21]

@Beautyon_ This is crazy

[austriano @austriano21]

@PhilippBagus Gibt es noch das Ziel, die Zentralbank zu schließen?

[austriano @austriano21]

@moneyordebt gold doesn't appear to be irrelevant even though nobody uses it for payments

[austriano @austriano21]

@freiheitsfunke This is not capitalism:

https://t.co/ySC22rkuvj