Libertarian author, a Blue collar economist who has negotiated over 200 collective bargaining agreements. Retired university VP. . Doctorate in industrial econ
@FriedrichHayek@thestustustudio Worked in it for decades never assume a conspiracy of dishonesty in higher ed that would take too much effort- incompetence and stupidity are generally the answer
@GeneSohoForum In 1958 Galbraith introduced the "Dependence Effect," arguing that modern industrial production creates the consumer desires it satisfies Same year Ford initiated in current dollars the most expensive marketing failure in US history-the Edsel - Consumer Sovereignty
@GeneSohoForum@Evanshm Many Economists never ask Who pays? Abba Lerner's functional finance naively treats deficits as costless tools for full employment ignoring inflation risks, debt dynamics crowding-out and politicians' chronic inability to stop spending once started- In the end someone must pay
@dorkburger84 My wife is making me take her to Crater of Diamonds State Park in Ark to sleep in a tent and hunt for diamonds for our 48th anniversary. Apparently some redneck found an 8 carat diamond there last month. I think she may have a meth habit.
@neslaughter@Crittiko must be a regional thing I split my time between Louisiana and the Gulf Coast of Miss. I have never seen a Muslim pray in public and I worked on college campuses.
@dorkburger84 There are scores of people (not me my wife is making me do this) who go through gravel on paths and along roadways looking for semi precious and precious stone. They all look a little crazy to me.
@12edwood79 Those who died in Europe due to heat wave died because of elected governments that decided that the modern engineering marvels that were electric power grids should be decimated Air conditioners costing less than $100 could have saved those lives if there were power to run them
@GeorgeSelgin@ProofOfBarbie I may have missed something but I actually think you settled the argument- "consenting adults should be allowed to engage in it as long as they bear all the risks" How could a true Austrian /Libertarian argue against that- I can't. You got me on this one...Well done-
@RockChartrand@BladeoftheS Perhaps it is important that he has the opportunity to blame all his problems on billionaires. Were he to reflect on his situation and realize that he cannot compete because he lacks drive, ambition, and talent he would probably kill himself. Musk & Bezos are keeping him alive