@ejpreston@RealCalebBinder@ThomasEWoods Yeah, this Tom guy is a joke. If only he would read something scholarly about the tension between Catholic church teaching and free market economics, like Church and the Market by a clearly learned scholar, Thomas E. Woods, Jr.
https://t.co/qgt0o4d9Zo
@bog_beef Public choice theory and patronage have a lot of explanatory power for defense and defense-adjacent industries. Industrial policy is not required to build quality ships for a competitive price, just enough political capital to kill the Jones Act and hold some public trials.
@xwanyex I propose a bimodal approach where we evaluate risk factors, granting the low risk population strictly supervised release backed up by geofencing, and the high risk population gets the oubliette (as the moderate position).
@BridgetPhetasy My first job was at a McDonald's and I turned a batch of baked apple pies into charcoal during a dinner rush when we got slammed and I ignored the oven, disappointing several customers. Deep fried pies - because your time is more precious than your waistline.
@xwanyex I feel the same way about rent control/stabilization that I do with tariffs and corporate taxes. If you want to call it the cost to access a market, whatever, smart people can find ROI, but the greater risk is that they will change on a whim, turning profit into loss overnight.
@xwanyex Economic prosperity flows from capital formation, led by entrepreneurs evaluating risks and returns. Explicit and spiritual leftists do not understand that mercurial tax and regulatory regimes are unbounded risks to the entrepreneur. Prices must be discovered, not mandated.
@jeremykauffman Cutting spending, especially welfare spending, ends up being a prisoners' dilemma where the near term payoff for defecting is very high because most people are effectively innumerate.
@BridgetPhetasy The SAVE Act is moderate compared to what can and should be done, but domestic policy is hard, and this administration kind of gave up after the OBBB and the whole Minnesota situation.
@jeremykauffman Your talk with Dave tripped over this in a way. Trump didn't or couldn't whip Republicans to implement significant spending cuts. The OBBB more or less exhausted him and still didn't go far enough. Congress would rather oppose domestic policy than foreign policy.
@xwanyex I worked with an engineer who retired early so he could have more time for, among other things, his woodworking. Every day while at the plant we would talk about safety. He still almost lost a thumb to a table saw, so yeah...
@ZachLowe_NBA@johnhollinger I like the idea of a draft credit system, the @NateSilver538 ARC proposal has been the best I have read so far. Give the fans of niche basketball podcasting what they want and nerd out on it.
@CountDankulaTV There's a Robert Conquest quotation for that. "The behavior of any bureaucratic organization can best be understood by assuming that it is controlled by a secret cabal of its enemies."
@bigolgreenfrog This is a perfect post because it shows that if you are disordered, marginally employed, and resentful of the success of others you can still rise to such heights as the communications team for a state LP chapter instead of, you know, engaging successfully with reality.