I don't know what Piketty, Stiglitz, and co. are smoking. Global poverty rates have never been lower. Progress on basic global health and wellbeing measures has been amazing over the past few decades. "End of the road"?!? Come again!?!
https://t.co/b5GHT6YXrN
Jeff Bezos: “In the US, you can raise $50 million of seed capital to do something that has only a 10% chance of working.”
This video popped up in my thoughts while writing my article "Europe raised me to fail"
@policytensor The old Marxist exploitation argument. In the Post-colonial world, this is the way of industrialization and progress for those countries and how they escape poverty. It is such a success that nowadays the west is using protectionism to defend what remains of their industries
Just stole this awesome diagram from Mark Skousen in this lecture:
https://t.co/0pbb1uPMGq
I believe that Herbert Spencer needs to be in the pantheon of great-influential economists and on the Austrian side given his what seems to me obvious influence on Menger regarding his evolutionary thinking that helped lead to Menger's major breakthroughs regarding the undesigned emergence of institutions and especially money. I think this short article makes more than enough of a case for this.
https://t.co/ihk5io9G54
I recommend Professor David Henderson's new Free-Market Economics course at PA. Henderson covers basic economic concepts, competing schools such as the Austrian, Chicago, UCLA, and Public Choice.
Course trailer and syllabus here: https://t.co/y9R4njasqd
(Henderson is also editor of the useful *Fortune Encyclopedia of Economics*: https://t.co/Dq5xHRHNiA.) @petersonacademy
Rothbard was just one man with a typewriter. In 45 years, he wrote 25 books and thousands of articles, led the renaissance of the Austrian School, and inspired a worldwide renewal in the scholarship of liberty. @LewRockwell on the legacy. https://t.co/sAQn0yJhWJ
As high-profile websites vanish, it’s a reminder that the web has no built-in archival layer.
But some publishers are now blocking the Wayback Machine.
What’s at stake if the web stops being archived? Our new FAQ explains: preserving the public record matters. 🌐📚 https://t.co/fifJnv3xiu
When the March 2011 Tsunami hit his home town of Ishinomaki, Hideaki Akaiwa was at work. Realising his wife was trapped in their home, he ignored the advice of professionals, who told him to wait for the army to arrive to provide search and rescue.
Instead he found a wetsuit, jumped in the raging torrent - dodging cars, houses and other debris being dragged around by the powerful current, any of which could have killed him instantly - and navigated the now submerged streets in pitch dark, freezing water until he found his house.
Swimming inside, he discovered his wife alive on the upper level with only a small amount of breathing room, and pulled her out to safety.
If he had waited for the army, his wife of 20 years would be dead.
Oh, and if that’s not enough badassery for one lifetime, Hideaki realised his mother was also unaccounted for, so jumped back in the water and managed to save her life also.
For weeks after the disaster, Hideaki entered the water every day on a one-man search and rescue mission, saving countless lives and proving that two natural disasters in a single day - and insurmountable odds - can’t stand in the way of love.
This man is a hero.
La più grande documentazione del #declino 🇮🇹 italiano: 460 slides con indicatori tecnici economici (e non solo) dell'Italia dagli anni 70 ad oggi a confronto con gli altri paesi industrializzati. Quando sono iniziati problemi? Sicuri di saperlo?
Tutti i grafici sono qui: https://t.co/y8pPYf2srv
Tutta la documentazione è su https://t.co/oPC6k2z9Ak.
@FriedrichHayek This is a lecture on competition. Part 1 is on how 'perfect competition' is not a helpful guide even in the abstract & the consequences for policy & antitrust. Part 2 “Excessive Competition” is on why competition should not be restricted because of over investment in an industry