tft

[Handre @Handre]

In 1936, Keynes famously wrote that paying people to dig holes and fill them back up would boost the economy. Meanwhile, French economist Bastiat was spinning in his grave, having warned a century earlier about the "broken window fallacy" - the illusion that destruction creates wealth.

When New Deal programs put thousands to work building bridges to nowhere, Keynesians cheered the employment statistics. But they ignored what Bastiat called "the unseen" - the private investments never made, the businesses never started, the innovations never pursued because capital was diverted to government make-work.

Today's politicians still invoke Keynesian magic, claiming every trillion in deficit spending creates prosperity. They see the government jobs, the infrastructure projects, the GDP bump.

They don't see the entrepreneur who couldn't get a loan, the startup that never launched, or the future growth sacrificed for today's political theater.

[Dr Jordan B Peterson @jordanbpeterson]

How a society fails in one phrase

"The productive are just privileged "

[Nicolas RICHOUX @nicolas_richoux]

Voilà pourquoi ce n’est pas la peine de me demander d’avoir de la compassion pour le Hezbollah…

[Elon Musk @elonmusk]

Freedom of speech is the bedrock of democracy. If the truth is suppressed, it is impossible to make an informed voting decision.

The degree to which freedom of speech is being undermined around the world is extremely alarming.

[James Lindsay, anti-Communist @ConceptualJames]

Ingsoc is watching you.

[tft @tft63_]

@Historionome Les ultra-riches ne paient pas seulement 2% d'impôts. Cet argument se base principalement sur les plus-values latentes, qui ne peuvent pas être imposées.

[Thomas Sowell Wisdom @TheThomasSowell]

Adam Smith said, "Mercy to the guilty is cruelty to the innocent."

[Dr Jordan B Peterson @jordanbpeterson]

Tyrants
Use fear
To acquire
Power

[tft @tft63_]

@LeoTechMaker Ce n'est pas un anti crevaison pour homme et un pour femme, c'est un anti crevaison pour tous le monde et un qui est marqueté à l'intention des femmes. Le prix est donc plus élevé en raison du volume qui sera moins important et probablement aussi à cause du marketing.

[Thomas Sowell Wisdom @TheThomasSowell]

What socialism, fascism and other ideologies of the left have in common is an assumption that some very wise people - like themselves - need to take decisions out of the hands of lesser people, like the rest of us, and impose those decisions by government fiat.

[Elon Musk @elonmusk]

Tolkien is turning in his grave

[Hoover Institution @HooverInst]

Is this the “Chinese Century? Not necessarily, given the nation’s long-term demographic challenges. In the latest episode of #GoodFellows, @nfergus, @LTGHRMcMaster, and @JohnHCochrane discuss the geopolitical consequences of a #China in decline. Watch now: https://t.co/sHUxa6rqqK

[Gad Saad @GadSaad]

Human minds have an innate penchant for coalitional thinking (us versus them). As such, despots, authoritarians, and dictators have always relied on the demonization of the other to rile up the populace. Whether you are a @GOP or a @TheDemocrats, you should be very concerned