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Reddit mentions of Basic Economics

Sentiment score: 5
Reddit mentions: 7

We found 7 Reddit mentions of Basic Economics. Here are the top ones.

Basic Economics
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Release dateDecember 2014

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Found 7 comments on Basic Economics:

u/LookingForMySelf · 8 pointsr/The_Donald

>What do people like Soros consider as real money?

Only power. He admitted that he though himself to be a god. That what I have seen in the other thread.

Your economy was lead by this people: Don't let em feed you shit, people!

TL;DR: admit that you can be fooled, don't let people, don't fool yourself. Humility is everything(That's why SJW don't have any).

>How do we hit them where it actually hurts?

There are many way in my shit list:

(1) Use money that is hard to tamper with like gold, bitcoin or barter. When and if possible.

(2) Learn how economics really work not neo-keynasian BS, but Chicago school is the best https://www.amazon.com/Basic-Economics-Thomas-Sowell-ebook/dp/B00L4FSSTA . You know how fed tells that "economy is better"? By GDP. It basically means that if I sell you a pen for $100 and you sell me it back to you for $100 then economy is $200 better! That's how they lie, to you! Trump said that there are no new bread winner jobs:

>"Don't believe those phony numbers when you hear 4.9 and 5 percent unemployment," Trump said

You can google this phrase. Basically Trump is quoting Stockman saying that:

>many people have three jobs as waiters, but every job like this is counted the same as a 200 000 a year bread winner job...

Basically bread winner jobs have gone down. Trumped! A Nation on the Brink of Ruin... And How to Bring It Back

Trump knows who he is quoting and how economy works.

(3) They feed on bureaucracy, so the most effective you are way is to destroy bureaucracy. Demand transparency.

You know who has private roads? Sweden. Yeap, that Sweden that left loves so much has all them private roads. And they are good an cheap. Free market is always more transparent.

If street where you leave needs to be fixed organize it yourselves and ask for tax deduction. Don't let money circulate in vain, this is how they cook their budgets and spread corruption.

(4) Always check your sources. People need to learn to think for themselves, stop being afraid of doubting authority. We are here because we trusted in legacy media. /r/the_donald is far superior source of news then MSNBC. But leave down your guard and you will be as brainwashed as SJW on streets of Portland. Remember that you have limited knowledge and media exploits it.

(5) Start rising trust and safety in your community. People should communicate and to know each other. Clinton went so far only because people are afraid of what their neighbor thinks. Rise the sense of community and let every one to speak out. This way you will always know what your neighbor thinks and he will know that you are not a racist.

u/jub-jub-bird · 2 pointsr/AskALiberal

> I'm gonna read that book just to get a better idea of what exactly I'm advocating for.

LOL, not my intention to spread the ideas I disagree with. But it sounded like a thesis you would.

> Do we know this? I don't think we do

I think the evidence suggests this. And it makes sense to me that the lives of people who highly value self-reliance are going to generally be far better than those who don't share that value and who are perfectly content to be on the dole.

At the risk of going down a completely different rabbit trail my view is actually a little more complex since I DO think interdependence in the context of family and community is important and of great value. I'm all for Edmund Burke "little platoons" of family, church and local neighborhood. It is large impersonal institutions that reliably fail, they cannot know and love the individual, they cannot make the moral judgments that a loving parent, or an increasingly impatient neighbor might make when presented with yet another plea for next month's rent. I very much agree with the title of Hillary Clinton's book "It takes a village" I don't think she understood the full meaning of the proverb... since she turned it around to mean: "It take a large impersonal bureaucracy" which is NOT the same thing at all.

> If you have any other reading suggestions then I'll take a look. I don't want to become massively entrenched in my views

None of these are necessarily related to your discussion though they might touch on some similar topics.

I recently read Haidt's The Righteous Mind not actually a conservative book but one which is really interesting in terms of figuring out why liberals and conservatives talk past each other.

And there's always the conservative classics that you'll always get when people ask. A few personal favorites: Kirke's The Conservative Mind: From Burke to Eliot. Hayek's The Road to Serfdom though technically he'd insist on calling himself as a "liberal" (By which he means a classical 19th century liberal) I liked Bastiate's The Law if you want an actual 19th century liberal. The Abolition of Man by C.S. Lewis

Those last two are both relatively quick and easy reads.

And of course Sowell has written extensively on exactly this subject. I think Race and Economics was his first book so it may be a bit dated now.

Sadly I've not read that one nor his other books that seem most directly related to our discussion. Personally I've only read his Basic Economics and I read Race and Culture years ago which is somewhat related but about the impact of race, ethnicity and culture in an international setting. His ideas about the primacy of cultural capital in explaining group differences in economic capital are consistent but he's applying those concepts internationally in how various cultural groups have done economically as majorities, as minorities, migrants, conquers or conquered etc. it's been a while but I remembered more about the overseas Chinese minorities in Southeast Asia than about blacks in America.

u/ohioversuseveryone · 1 pointr/mildlyinfuriating

Ok. Insulin costs are high =/= why costs are higher?

Crony capitalism is why prices are high and getting higher. Competition helps with that. When the government create barriers to market entry, costs remain high and will grow higher.

Perhaps this book will help explain it to you. I would be happy to buy it for you if you would be so kind to put it on your Amazon wish list.

Voluntaryism at is finest.

u/PopTheRedPill · 1 pointr/UpliftingNews

Competition drives down costs, improves quality, and incentivizes innovation.

It’s all of our responsibility to familiarize ourselves with basic economics. My recommendation is this book called Basic Economics by Sowell.

u/Shooting4life · 1 pointr/bayarea

You can read https://www.amazon.com/dp/B00GTSJAJ4/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1

Only $2. The deceleration of independence is the example.

We have an example of limited government. It’s ours. You and people like you have and are changing that by confiscating lawful property to give to others whom you deem more worthy of it.

A working family has to move because they can’t afford rent. Just like how I would have to move if I can’t afford rent.

Some quality time with an economics books would serve you well. https://www.amazon.com/Basic-Economics-Thomas-Sowell-ebook/dp/B00L4FSSTA/ref=mp_s_a_1_1?keywords=basic+economics+thomas+sowell&qid=1563764131&s=gateway&sprefix=basic+economics&sr=8-1

Throwing out feel good platitudes doesn’t change 1. The constitution. 2. Basic laws of economics and 3. Human nature.


Everything you are railing against is from democracy driven decision making from local and state politicians and direct ballot initiative. You do realize this right? Limited government would allow someone who owns property to easily build housing that would lower prices. Now the grafters that make up government have to all get a cut or mandate certain “ideals” are meet that drive up the price considerably so that the poor and middle class can not afford to buy/rent.

u/NicNic8 · -1 pointsr/econmonitor

Ok; thanks. I was rounding up; I'll put 7.5% (since it was published in 2018).

> there's no "law of supply and demand"

Of course there is. Please see here and here.