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Radical Discourse
@radicaldiscours
Issues you care about. Rap battles you won’t forget. From the team that brought you “Keynes vs. Hayek," this is Radical Discourse.
Joined January 2024
15 Following
255 Followers
124 Posts
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The ultimate showdown: Hamilton VS Jefferson, head-to-head, bar for bar. Federalism versus Anti-Federalism, settled once and for all. A strong executive versus states' rights. Central banking versus agrarian liberty. Every attack, every comeback, in the rap battle for the ages.
NEXT FRIDAY: Hamilton and Jefferson aren't done yet. The battlefield moves to the Constitution itself: loose interpretation versus strict construction.
“That classical gold standard kept the central bank and it brought us 1929.”
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
“Tie the dollar to a metal and money grows only as fast as men can dig it.”
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
“Here’s my whole philosophy. It fits on a napkin.”
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
“Banks lend out your deposit, so one rumor and the whole town runs.”
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
Should anyone be trusted to manage money at all?
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
The Federal Reserve just raised interest rates for the first time since 2023, and John Maynard Keynes and Murray Rothbard are back to settle whether America needs a central bank at all.
Keynes says that without a lender of last resort, one rumor can take down even a sound bank. Rothbard says the Fed is legalized counterfeiting and inflation is a hidden tax.
Which economist is the gold standard and which is in a panic?
“We need human action, not human design. Spontaneous order, not the state.”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“Who is watching the watchman you appoint?”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“A law that no one will enforce isn’t restraint, it’s the same game.”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“I never wrote no rules, I wrote no rulers.”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“The market won’t find balance in the end.”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“A million little minds each know one thing and they’re scattered a million miles.”
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
Can a decentralized market govern AI on its own?
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“I didn’t study poverty in textbooks. I survived it, learned it all.”
President Trump just promised a $5,000 “Trump dividend” if Republicans win the midterms. From COVID checks to the Child Tax Credit expansion, presidents from both parties turn to cash payouts to keep voters happy, but is it relief or does it come with a hidden tax?
Friedrich Hayek and Gunnar Myrdal shared the 1974 Nobel Prize in Economics and spent the rest of their careers regretting it. Today, they're back to settle whether AI requires regulation, or whether the free market can handle it.
Hayek says that no regulator, no CEO, and no committee can outthink a market processing more information than any single mind could ever hold. Myrdal says having no one at the wheel is abdication, not liberty, and cumulative causation means that the gap between who benefits from AI and who gets left behind is widening.
Which economist has AI aligned with reality and which one's going rogue?
“Child tax credits lifted millions out of poverty. You’d leave them in their plight?”
“You sold the dream of plenty but it’s the taxpayer’s wallet you’re depleting.”
President Trump just promised a $5,000 “Trump dividend” if Republicans win the midterms. From COVID checks to the Child Tax Credit expansion, presidents from both parties turn to cash payouts to keep voters happy, but is it relief or does it come with a hidden tax?
"I know what inflation costs, but pulling back the check costs more."
President Trump just promised a $5,000 “Trump dividend” if Republicans win the midterms. From COVID checks to the Child Tax Credit expansion, presidents from both parties turn to cash payouts to keep voters happy, but is it relief or does it come with a hidden tax?
Inflation is the tax, no vote required.
President Trump just promised a $5,000 “Trump dividend” if Republicans win the midterms. From COVID checks to the Child Tax Credit expansion, presidents from both parties turn to cash payouts to keep voters happy, but is it relief or does it come with a hidden tax?
First lesson of economics: scarcity.
President Trump just promised a $5,000 “Trump dividend” if Republicans win the midterms. From COVID checks to the Child Tax Credit expansion, presidents from both parties turn to cash payouts to keep voters happy, but is it relief or does it come with a hidden tax?
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