Economics

Noah Wright
Noah Wright

What is Jow Forums take on economics? Are you all fucking commies or based libertarians?

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Wyatt Nguyen
Wyatt Nguyen

Jow Forums will never be fully libertarian because the majority of posters here are poor/unemployed fucking losers.

Asher Nguyen
Asher Nguyen

I'm middleground

Jaxon Miller
Jaxon Miller

poor/unemployed fucking losers.
If they have a PC I don't think so. They can look it up

Cooper Brown
Cooper Brown

Explain

Blake Johnson
Blake Johnson

What I’m saying is that poor people don’t like libertarianism because it comes with no free gibs.

Anthony Jackson
Anthony Jackson

libertarians are unwitting tools of plutocrats

Cooper Green
Cooper Green

its not so much about rich and poor but money is power in libertarian land and the money flows ever upwards. Thus this is not a stable system and it results in a tiny number of super rich and powerful people controlling everything while the rest suffer.

Grayson Cruz
Grayson Cruz

As an economist, Friedman has been irrelevant for a long time. Only people in Law or "Political Science" care about him now, not because he's relevant but because they are hopelessly outdated and don't know enough mathematics to understand economics.

Dylan King
Dylan King

Hayek/Friedman style economics

Luis Moore
Luis Moore

Yeah but I’ve got wealth so I’m not very keen on people beneath me taking is away from me to use for their offspring. I’m just being honest. I don’t give a shit how effective a libertarian system would be for everyone else, my support of libertarianism comes from two of my beliefs:
1. No human has the authority to tell me what to do or how to live my life unless it directly infringed upon their rights.
2. I should be free to transfer my wealth to my offspring or whoever I please without the unwashed masses getting a cut of it.

Xavier Clark
Xavier Clark

I have a degree in economics
I tend to agree with Austrians on microeconomics
I despise free trade because it's very, very obviously a total disaster
Usury should be made illegal
The nation to look at for a successful economy is Germany, observe what happened during their long history, especially in the 19th century

Andrew Morris
Andrew Morris

modern economics has become reliant on abstract mathematical models that don't always correlate with reality. not everything can be modelled and measured

Nicholas Taylor
Nicholas Taylor

its not the people below you you should worry about

Sebastian Butler
Sebastian Butler

I’m within the lower 1% of America, meaning the only people really above me are corporations, and the only reason they’re above me is because kikery allows them to do shit like lobby Congress to fix the market.

Ethan Campbell
Ethan Campbell

How do you propose to determine if a given time valuation for borrowed money is fair or usurious?

Noah Barnes
Noah Barnes

Sorry, I meant lower-upper 1%, meaning in the upper 1%, I’m at the bottom of that.

Bentley Cook
Bentley Cook

libertarianism in action

Henry Hill
Henry Hill

You're assuming I'm talking about complex models but I'm not.

Noah Bennett
Noah Bennett

Friedman is popular with libertarians because he fits their political ideology, but I don't hear any economists ever talk about him. Some of his ideas are interesting, and his position on the Great Depression is well argued, but it's not the 80s anymore and the economic state of just about every country is wildly different from how it was then, so his theories are more or less useless.
Compound interest

Oliver Moore
Oliver Moore

Is nationalism an economic "take"? I came from a libertarian background and am still inclined to think that's generally the better approach, but that this should stop at our borders and apply only insofar as participants acting appropriately. Libertarianism as such has no means to address billionaires financing the flood of the third world into first world countries because it posits these people acting in a rational profit-maximizing manner inconsistent with reality.

Likewise, even without the demographic issues of the US, I dont think the development of hive cities is healthy and so gommie intervention to prevent this degree of buildup and compel some level of decentralization to ensure people can make a decent living outside of a dozen massive cities across the entire continent, where they must pay half+ of their income in rent to maintain stable access to employment opportunities. Likewise, concentration of industry may have some economic benefits, but the social consequences of forcing people to move to one of two or three cities if they want to participate in a given industry tears families apart and prevents the anyone above the working class from setting down multigenerational roots.

Perhaps the best descriptor is libertarian but subordinating economic interests to social interests so we can maintain the social infrastructure that people seem to forget makes it possible.

Anthony Taylor
Anthony Taylor

I have my own take on economics: Jews get out

Ian Diaz
Ian Diaz

what models are you talking about?

Benjamin Perry
Benjamin Perry

Economic nationalism could be described as protectionism. It's a legitimate economic position and was practiced by every great economy to some degree. Great Britain became the strongest force in the world under protectionism. America became the wealthiest nation in history under protectionism. Germany dominated the euro-sphere under protectionism.
When Great Britain embraced free trade, it lost heavily to America and Germany, and went on a slow decline and are still falling.
When America embraced free trade, it lost its momentum as the greatest country in the world.
I don't see Germany embracing free trade, in fact, they've put up some good barriers to trade that have kept most of the major industries still in Germany. They now control Western Europe.

Levi Diaz
Levi Diaz

Cool, but other people dont care and are willing tonuse the sate against you, and have been. Get used to it.

Anthony Long
Anthony Long

The extent of the average libertarian's economic understanding is with the supply/demand curve.

Christian Turner
Christian Turner

its not really libertarian then tho its socialism

Oliver Wilson
Oliver Wilson

No human has the authority to tell me what to do or how to live my life unless it directly infringed upon their rights
Looking past the absurdity of human rights, they may not have the authority but they certainly have the power.
I should be free to transfer my wealth to my offspring or whoever I please without the unwashed masses getting a cut of it.
To your offspring? Absolutely. To anyone you please? Absolutely not. That would be horrendous.

Nathaniel Ramirez
Nathaniel Ramirez

everything is socialism
This is your brain on liberalism

Jordan Cruz
Jordan Cruz

this is true. britain has embraced free trade so much that we don't even own our own utilities and have lost the ability to say, build our own nuclear reactor even tho britain was the first to build a commercial reactor 50 or so years ago

Angel White
Angel White

libertarian ofc

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Adrian Lopez
Adrian Lopez

well socialism is a pretty ill defined

Ryder Barnes
Ryder Barnes

(((Libertarians)))

Jaxon Morales
Jaxon Morales

Libertarianism and socialism are just two made up BS created by the bourgeoisie to cope with the idea of having it better than the poor.
the poor are just too dumb to become rich, me being rich is fair
the poor are just too oppressed to become rich, I'm rich but my fight against oppression makes it fair
What to expect from bourgeois thinkers other than them making it all about money.

Logan Nelson
Logan Nelson

Libertarians support (((usury))) so no

Luis Powell
Luis Powell

Why should I not be allowed to gift my wealth to whoever I please? Why is it anyone’s business?

Henry Ward
Henry Ward

If we put aside the obvious issues with giving unlimited amounts of money to politicians, if you give money to foreigners or invest overseas with absolutely no barriers, capital will flow out of the country and into other countries. If too much capital leaves the country, it can damage the country that now holds that capital by increasing their reliance on your currency. It can damage your own country by messing up the money supply and undermining the central bank's monetary policies.
Investing in business and giving money to family is good when it's not money laundering, but if there are no limitations or barriers to transferring money, it becomes much harder to detect fraud and money laundering.

Jace Gutierrez
Jace Gutierrez

Compound interest
That just means reinvesting the extra time value you got back from the original money you let someone borrow. Money is fungible by definition; how do you prevent people from using it fungibly?

Jack Collins
Jack Collins

plutocracy is bad

niggah you gay

Robert Rivera
Robert Rivera

I believe in a laissez-faire mixed market.
Basically just National Socialism.

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Colton Morris
Colton Morris

You’re assuming that I:
A. Give a shit about the health of the country’s economy
B. Give a shit about the lives of the people in the country
And C. Don’t want laws passed preventing bribery, which I do.

Oliver Johnson
Oliver Johnson

Economics is a pseudoscience akin to water divining or homeopathy.

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Zachary Stewart
Zachary Stewart

Kek. I’m extremely well educated, high iq and experienced in my field. People call me a master quite often and come to me for help. I will write a book soon. By now it’s obvious, even to me, that libertarianism is a Jewish meme to disarm the white goy, while the Jew organizes the non-white goys in communism. Liberalism is a movement completely designed to hurt the people who practice it.

Nathan Davis
Nathan Davis

Living a life of greed is not going to be very fulfilling. You’ll suffer the consequences.

Leo Phillips
Leo Phillips

That’s where you are wrong bucks. Librarians like you don’t get that librarian societies are easily rented out by financial capital. In other words, the economy will naturally shift from a land and production based economy to a financial economy completely dominated by Jews.
Read books faggot

Christopher Thomas
Christopher Thomas

I’m not greedy when it comes to my family and friends, but you’re neither, so I owe you nothing and feel obligated to give you nothing.

Justin White
Justin White

t. Poor nigger from some country whose flag I can’t even fucking recognize because of how irrelevant they are.

Why are you telling me to read when you don’t even have books where you’re from?

Caleb Smith
Caleb Smith

I’m not greedy when it comes to my family and friends
You’re still greedy. You don’t have a place in society for the sole purpose of feeding your own selfish tendencies.

Owen Miller
Owen Miller

Compound interest is a problem because it grows exponentially. When compound interest is disallowed, it significantly decreases the long term values of loans. This is good because capital does not produce value, except in the case of a real business expansion (i.e. start-up costs, purchasing new machinery, renting a larger property, etc). Loans being more or less only useful to the one borrowing will diminish the amount of money locked up in debt. Less unnecessary debt is necessarily good for an economy. Labour is the source of value and usury wastes that value through compound interest.
Give a shit about the health of the country’s economy
Then you should be kicked out of whatever nation you're in. You benefit from your nation and you should not take that for granted.
Give a shit about the lives of the people in the country
That's unpatriotic and disgusting. Perhaps execution would be better than exile.
Don’t want laws passed preventing bribery, which I do.
You have to like bribery if you want to give as much money as you want to whoever you want. You have no idea what you think and you are intellectually a mess.

Charles Johnson
Charles Johnson

You’re coming off as very whiny and entitled. I’m greedy because I feel no obligation to help you or give you resources? A very childish way of thinking, man.

Colton Mitchell
Colton Mitchell

Mises/Rothbard/Hoppe > Friedman/Hayek

Liam Hernandez
Liam Hernandez

waaaaah you’re unpatriotic
Cry about it more, nigger.
You’re all Jew commies.

Ethan Perry
Ethan Perry

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Christian Thomas
Christian Thomas

economics = scam
t. econ degree, should have done math stats

Cooper Butler
Cooper Butler

I'm a feudalist.
Everyone should be locked inside their home city, be allocated by its feudal lord to do daily activities which are required to remain self-sufficient, while enjoying all his free time with his childhood friends and life-long family

Matthew Cook
Matthew Cook

Of course you aren’t obligated to help others, but you said earlier you would go out of your way to fuck over others just for your own personal gain. That’s fucking greed.

Easton Williams
Easton Williams

Any book recs?

Thomas Long
Thomas Long

I never said that once, I didn’t even allude to that.

Juan Barnes
Juan Barnes

What is Jow Forums take on economics?
If it's anti-White it will be heavily restricted if not illegal.

If it's pro-White it will be legal and/or provided/supplemented by the government.

Isaac Ross
Isaac Ross

I’m not saying you’re greedy for not helping others, I’m saying you’re greedy for hurting others in favor of yourself.

Ethan Rodriguez
Ethan Rodriguez

milei fanboy trying to talk economics like he didn't find friedman last year

Owen Rogers
Owen Rogers

Yes you did:

Adrian Parker
Adrian Parker

Me not giving a shit about people doesn’t mean I’m actively going to go out of my way to harm them.

Chase Gutierrez
Chase Gutierrez

DISTRIBUTISM, FUCKING DUMB WIGGERS

Aaron Baker
Aaron Baker

Libertarianism is the most Jewish of all economic systems. You love bribery and usury. Both are extensively used by the Jews you hate. You love free trade. Marx, the most communist of them all, advocated for free trade. You have so little self awareness that you're an embarrassment to even the greediest corporate overlords.
Capitalism, Socialism and Democracy by Joseph Schumpeter
History of Economic Analysis by Joseph Schumpeter
Free Trade Doesn't Work by Ian Fletcher (I am halfway through, very comprehensive pickup if you're new to economics)
Debunking Economics by Steve Keen

Jacob Morgan
Jacob Morgan

I like the concept of libertarian economics but it’s by no means perfect. I’ve grown a bit more nationalistic in regards to economics so I may favor some protectionism, but that’s more geared towards our current system.
However I do see needs for regulation like companies giving to pacs and such, unions doing the same and all without giving equally to their worker/member base. Also things like farmer subsidies for corn and onions when it’s near worthless since we have too much of it. Then comes the tech companies working with foreign governments... big Nono in my book

Xavier Rogers
Xavier Rogers

Leave neo-classicals to me

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Levi Turner
Levi Turner

I understand how it works, my question is how do you propose restricting compound interest but not simple interest?

Zachary Cooper
Zachary Cooper

t. Homeless man posting from a public library
This is why I hate public services, they allow retards like you to have Internet

Luke White
Luke White

By making compound interest illegal. Simple interest is negligible. If you specify a date at which the loan must be repaid, the interest is part of the amount paid back. Penalties if the payment is overdue are not a problem because they do not increase exponentially. They increase at a fixed rate. This means that the penalties can be outgrown by natural business growth. Simple interest does not need to be made illegal.

Andrew Brown
Andrew Brown

Leave free-traders to me

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Ethan Fisher
Ethan Fisher

Compound interest is just taking simple interest and reinvesting it. How do you make it legal to invest some money but illegal to invest other money, when money is fungible?

Dominic Turner
Dominic Turner

Id fill any economic department with a mixture of Chicago school and Austrian. The only time I get along with Keynesian is when arguing against socialist/communists/any asshole pushing labor theory of value.

Charles Brown
Charles Brown

Pass a law requiring interest to only be calculated from the principal. Very straight forward.

Blake Butler
Blake Butler

I really hate these fucking debates. Just get to fucking conclusion. I don't have the time to read 250 different authors which one with a different view.
If I were to get to the truth (or as close to it as I can) with only one author or book, which should it be?

Robert Reyes
Robert Reyes

canada is gay

Blake Martinez
Blake Martinez

I understand the urge to try and help people with programs but experience watching government only ever fuck things up and grow like cancer have made me pretty anti state. Like I wouldn't immediately kill the government roads program but Id like to see some tests set up allowing variations on private roads to be attempted. The entire wellfare state is pure poison and the only question is how big should the cuts be per year in an attempt to mitigate the disruption when its shut down. I feel especially bad for farmer who haven't seen a free market in decades since the government has been fucking with the food through tariffs and farm bills.

Logan Edwards
Logan Edwards

Joseph Schumpeter

Matthew Adams
Matthew Adams

Also here is a decent economics channel. Also gets a good dose of opinion on uk politics in the weekly live streams.

youtube.com/channel/UCyawG3aTE7RmNQcFQskDWcw

Any other good channels for econ?

Caleb Butler
Caleb Butler

I'm a neo-mercantilist. This isn't a thing yet, but it will be.

Mason Baker
Mason Baker

Nationalist libertarian, pretty much. Economic efficiency doesn't take priority over national strength because all the paper money in the world wont save you from an invasion by a superior force.

Adam Thomas
Adam Thomas

Free market is good as long as it benefits the nation. If it doesn't, it must be corrected or even discarded until the problem is fixed.

Austin Bennett
Austin Bennett

I'm a neo-mercantilist.
you mean Keynesian

Charles Kelly
Charles Kelly

I don't think you understand the point of interest.

Connor Brown
Connor Brown

Usury should be made illegal
based

Connor Green
Connor Green

Public goods should be publicly funded. The only problem with social programs is the management. They rarely improve when they get more money. An effectively managed social program will work as intended without requiring budget increases. Budget cuts are good in times of debt crises, but otherwise are not needed.
Free market is good as long as it benefits the nation. If it doesn't, it must be corrected or even discarded until the problem is fixed.
Free trade never works. Even within a country, it causes issues between states.
Of course I understand the point of interest. The point of compound interest is to generate profit for the money-lender at zero cost. Compound interest is terrible. There's no good reason for it.

Julian Taylor
Julian Taylor

Voting against other people’s interest for your own gain is exactly that.

Austin Anderson
Austin Anderson

Id fill any economic department with a mixture of Chicago school and Austrian
they are

Nolan Williams
Nolan Williams

I’d vote for the ability to do what I please as long as it doesn’t DIRECTLY infringe upon other’s rights. If that’s voting against other peoples’ interests then they can bite my ass.

Mason White
Mason White

this is shill thread

Samuel Cruz
Samuel Cruz

There shouldn't be public goods. Or at the very least the minimal. Only privately owned property has a chance of being properly managed.

Matthew Sanchez
Matthew Sanchez

propaganda has made you anti state. you would never even thought of the concept otherwise

Joshua Cruz
Joshua Cruz

I would rather put Karl Marx in charge of my economy than you. Communism is less destructive than pure greed.

Carter Butler
Carter Butler

top tier: austrian & chicago
shit tier: keynesians and commies

Christian Wood
Christian Wood

Most colleges teach Keynesian school.

Wyatt Nguyen
Wyatt Nguyen

It makes everything worse. Your putting more debt money than actual money Into the market, so someone has to come up short. Debt money is a Jewish scam that created untold amounts of inflation

Ian Harris
Ian Harris

Saying there shouldn't be public goods is as idiotic as saying there shouldn't be currency. Public goods exist, and must be managed.
Only privately owned property has a chance of being properly managed.
Not true. If you make the managers of the public good personally accountable, they will manage it well.

Alexander Williams
Alexander Williams

Are you capable of doing anything other than crying and whining? You’re not even trying to hide that fact that you want gibs at this point, Jew.

Nathan Brooks
Nathan Brooks

Pure greed is just honestly. The thing is you need to stop the government from getting involved. Honest greed cannot do large harm without the force of government behind it. If you are an asshole offering a shit deal people will just choose not to take it. Until you take choice away. Private market cant do that.

Hunter Fisher
Hunter Fisher

DIRECTLY
There’s the problem. You use this as a justification despite it hurting their rights anyways.

Carter Sanchez
Carter Sanchez

Instead of simple interest we could do Islamic banking and kill of interest. It's the only banking system in the world that does not Deal with interest.

Gabriel Diaz
Gabriel Diaz

If there wasn't this AI and automation shit everywhere I would be 120% hardcore libertarian fundamentalist.

Did they get me with brainwashing or what?

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Gavin Price
Gavin Price

chicago shcool shills are infiltrating a lot of economics departments. sounds conspiracyish but its true

Cameron Morris
Cameron Morris

fash

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Gavin Thomas
Gavin Thomas

Yeah i'm sure you are.

Christian Wood
Christian Wood

Oh look, a poster with an IQ higher than 70. Don’t even bother explaining things to that kangaroo fucker, his lower-class brain has been melted by years of consuming Spam and ramen, he won’t understand.

Kayden Turner
Kayden Turner

truth
you have really hue understanding of social sciences. Keens book is if best for normies (can be read without any prior knowledge), my favorite is Davidson's take on Keynes.

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Connor Nguyen
Connor Nguyen

If you think your “rights” are harmed by me exercising mine, then they’re not your rights.

Sebastian Gutierrez
Sebastian Gutierrez

That sodomite actually realized on his deathbed that his economic beliefs made Britain worse off than before. Why do people still shill for him?

Leo Green
Leo Green

Honest greed cannot do large harm without the force of government behind it.
Mark Zuckerberg is not the government. John D Rockefeller was not the government. Jeff Bezos is not the government. Corporations can be worse than the government.
Do you believe in God?

Michael Stewart
Michael Stewart

I think of the concept every time the government interferes with my life. I think of it every time i am privy to the working of any government agency. I work in waste recycling in chicago and have to do all kinds of red tape. Shitty recycling reports I make up anyways. And the state is happier that way. They just want money from me. I have to get permits for every job I work on and sometimes the city just forgets to bill me for whole months.

Government is inevitably shit. The people who run it do not have incentives that allign with the actual job.

Carson Carter
Carson Carter

The Zuck is backed by big government, dipshit.

Michael Nelson
Michael Nelson

It is my right to kill other people! :——DDDD
Well excuse me if that infringes your rights, turns out the right to live isn’t yours.

Jordan Baker
Jordan Baker

Murder is not a right, retard.

Carter Anderson
Carter Anderson

It’s an example, retard. You are placing your rights in authority over other peoples’ rights.

Grayson Long
Grayson Long

No, the point of interest is that having money now is more useful than maybe having money in the future. How much more useful is defined by the interest rate.

Taking out a loan at 8% interest means you've agreed that the value of money now is 8% higher than the value of money in the future. If you're late or you default on a loan, how does that change the time value of money? It doesn't. Why would I ever bother paying back the principal (or even any of the interest) if I could convert an exponentially valued debt to a linearly valued debt just by squatting on the money long enough?

Compound interest isn't a special, magic form of interest. It's just how simple interest works mathematically over time.

Michael White
Michael White

And then we conclusively discovered in the 60s that Keynsian economics was fundamentally broken and didn't work how it was intended. Yet they keep shilling him. Academia is the worst place to listen to learn about economics.

Alexander Bennett
Alexander Bennett

manlet friedman radicalized me

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Jace Thomas
Jace Thomas

I’m extremely well educated, high iq
goys

Tell me more about your high... iq.

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Noah Nguyen
Noah Nguyen

Mark Zuckerberg is not the government. John D Rockefeller was not the government. Jeff Bezos is not the government. Corporations can be worse than the government.

All those people are backed by the force of government user. Regulation serves to protect them from the competition that forces businesses to be the best possible solution to your problem. The closest thing to actual capitalism on your list is Bezos who has created an efficiency monopoly in the logistics of shipping. Those cant last though and even strangled by the red tape and regulation of are mixed socialist system we have now wallmart and others are trying to break into amazons market. Ebay is growing again for example. The Chinese shippers like Alibaba and such are an option also. The only thing amazon has a monopoly in is book printing plus selling. You get others to print for you but they wont sell the books. You buy them in bulk and sell yourself.

Anthony Parker
Anthony Parker

I'm an undergraduate business student and I still realize that wasting money on government spending is the worst way to improve the economy. It's like giving yourself a blood transfusion from your left arm to your right arm while losing some blood due to inefficiencies and corruption in government. Yet, my friends still shill for this moron becuase the professor is always right

Joseph Collins
Joseph Collins

You used an example of my rights infringing upon the rights of others by listing something that was never my right to begin with? Are you retarded?

Brody Jenkins
Brody Jenkins

Why are you sperging out over what I used as an example instead of attacking the actual argument? Jewface.

Hudson Williams
Hudson Williams

Because there is no actual argument you fucking moron. I don’t have the right to murder, therefore your “argument” makes zero fucking sense.

Lucas Edwards
Lucas Edwards

the most effective way to rid the world of parasites, whatever shape they take, is by eliminating the state, which is tantamount to disarming the criminal and seizing his assets for future use in a righteous and economic manner. economy means the organization of the home, and the state is an intruder who brings its fucked up prole of rats and cockroaches wherever it goes. fuck socialism.

t. an appreciator hans-hermann hoppe and the motherfucking holy bible + catholic church combo

Eli Wilson
Eli Wilson

Your opinion is based on a misunderstanding of loans. Loans are not an investment. You should not expect to increase value when you loan money. You should not expect your money to be secure when you loan money. The focus of the loan must be on the borrower, not the lender.
John D Rockefeller wasn't backed by the government. He backed the government. He was so wealthy that he had more power than the government. The government is not the only problem. BIg corporations are just as bad.
Zuckerberg made facebook the giant it is by exploiting the lack of internet regulation. It's still not regulated. That's not government, that's the "market".
Bezos has been a destructive force to small businesses and low-wage workers. Amazon has expanded well beyond what it originally was and is sticking its thumb into far too many industries for it to be considered a normal company. Amazon is larger than many countries. Not the government, but very, very bad.
Don't worry too much about your marks. Don't expect to learn much that is useful. Some of my subjects involved writing nonsense that was very obviously false. Teach yourself by reading the real economists.

Easton Parker
Easton Parker

Capitalism should be not only asserted to the point of meritocracy but once the state has ethnically purified the nation, the nation should grow a huge population then eat itself over and over again. With wars, predatory economics, and technocracy. The biological end result will be a system with the average IQ accelerated to the 200s and we will accomplish a nation that will devour the world.

The currency is women. Women are put on auction once they hit 16. Every time they get fucked, their new value is set by another auction (if sold). Their new value is re-established every year. Women are not TOO mistreated they are treated the same way you treat a really nice car or a woman. Damaging healthy women whom know their place is forbidden. It is free market terrorism. However men need to be selected by women to some degree (we are after maximised cruel Darwinian selection). Women get to chose which men get to be the purchasers. They must chose atleast 70% of the male population. Basically women have no choice but to breed CONSTANTLY but do get some selection.

This will not be fun. For anyone. But we must evolve.
-Eternal Anglo

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Oliver Nguyen
Oliver Nguyen

hans-hermann hoppe
Why does every Brazilian read this guy?

Chase Lopez
Chase Lopez

Again, you are sperging out over the example. You are placing your rights over the rights of others, claiming that if they conflict, yours takes precedence. That IS greed.

Samuel Howard
Samuel Howard

Actual Jow Forums, natsocs understand that a welfare state and collectivization is important. The market is a tool of the state to further the interests of the people, not jews or others.

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Ethan Sullivan
Ethan Sullivan

Your opinion is based on not understanding basic arithmetic. And no one would loan money, ever, if they didn't expect to get more value out of it.

Luke Anderson
Luke Anderson

placing your rights
your rights
murder
your rights
MURDER
Your example is not an example of me placing “my rights” over the rights of others because murder is not one of my rights.
Is that spelled out clear enough for someone of your caliber to understand?

Ian Miller
Ian Miller

(((Friedmann)))

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Lucas Murphy
Lucas Murphy

neoclassical theory
neomercantistic or protectionistic policy

for personal usage i adopted jewish laws of acquisition

Ethan Hall
Ethan Hall

Adam Smith called it the invisible hand, but that hand is attached to something. Economics is a moral science.
And no one would loan money, ever, if they didn't expect to get more value out of it.
If your cousin needs $5,000, and you have a spare $50,000, you would lend him that money. You're not supposed to get value from lending money, because when you look at the big picture, capital cannot create value. Labour creates value. The only scenario where capital creates value is through business expansion due to economies of scale. The rest of the time, capital is a translation of value from labour into something transferrable.

John Bennett
John Bennett

Nigger, that example is NOT the basis for my argument. I am referring to what you said earlier. God, you’re not just greedy, but dense as fuck too.
See:

Jacob Jackson
Jacob Jackson

Economists don't talk about Friedman because his policies---monetarism---were an absolute fucking disaster. He's only relevant to libertarian because, like you said, his ideas fits their ideology.

Lucas Thompson
Lucas Thompson

Forgiveness of all debts every seven years. Compound interest on debt is prevented from accumulating to unsalvageable heights.

Ayden Baker
Ayden Baker

Steve Keen
Fletcher
BASED BASED BASED.

Charles Flores
Charles Flores

i'd say because we're catholic and we got a lot of german descendants down here in the south (me included), so we gravitate more to him as he is a catholic German than to the atheist Jews (not that Rothbard and Mises don't get a lot of stuff right).

Sebastian Taylor
Sebastian Taylor

Nationalist libertarian, pretty much. Economic efficiency doesn't take priority over national strength because all the paper money in the world wont save you from an invasion by a superior force.
Thats national socialism fuck wit. Too many fucking retards trying to pretend they're smart by associating themselves under the umbrella of "libertarianism" without getting that it isn't what they think it is.

Christopher Morris
Christopher Morris

Mises and Rothbard are both idiots, that should be disregarded. In fact, all neoclassicals should be disregarded.

Landon Barnes
Landon Barnes

Can anyone argue against communism in the singularity age?

Isaac Gonzalez
Isaac Gonzalez

Libertarians are autistic and view the world in a purely material sense, the same can be said of communists.

Christopher Ward
Christopher Ward

Brazilians are German
You're not even white. Germans are good, though. Might read him eventually.
Libertarians don't understand economics at all.
Always take Jewish economists with a tablespoon of salt. They're sometimes right on microeconomics, but it's usually somebody else's theory that they're just expanding on.

Ayden Price
Ayden Price

Cummunism is like being Owned by one big corporation, the government.
Libertarianism is like being owned by multiple big corporations.
If you want to favor the majority you'll have to implement ideas from both ideologies. It's always about people wanting to rip off other people.

Samuel Reed
Samuel Reed

Communism would probably be the best in a post-scarcity world. Idk about AI singularity though.

Eli Thomas
Eli Thomas

faggot

Jack Gomez
Jack Gomez

Why the fuck would I lend my cousin money, even if I was swimming in it. How do I know I won't need all my cash the very next day?
The whole point of interest is as an incentive to make productive use of money, rather than hoarding it or blowing it all on drugs and shores.

Josiah Wood
Josiah Wood

supports libertarianism unironically
isn't a jew
Keep deflecting scholomo. Bruce has it right. Unsolicited and unrestricted greed is far more devastating to the economy than any form of regulation. Quit getting your economic philosophy from movie quotes (ironically quoted by a jew)

Adam Morgan
Adam Morgan

true actually personal responsibility has been delegated to endless box ticking which is throwing the baby out with the bath water a bit but they mean well

Ian Martin
Ian Martin

I'm not arguing labor vs. capital. I'm explaining why simple interest is just an artificial snapshot of how money is valued at a single point in time. In real life, time keeps on moving. You can't argue for simple interest while arguing against compound interest.

You're starting to realize this, too. You've abandoned the idea of getting a value return from lending money altogether. Will you thank me now for helping you become less incoherent?

Ryan Fisher
Ryan Fisher

What is Jow Forums take on economics? Are you all fucking commies or based libertarians?
Keynesian. Fuck the commies and libertarian cucks.

Daniel Flores
Daniel Flores

That's the biggest problem: economists think they need a degree in complex math now. Fuck them, and fuck you too.

Bentley Wright
Bentley Wright

you’re a Jew because you don’t want to support me or my offspring!
We need another World War.

Austin Bell
Austin Bell

Greed is nice and predictable like a lion or an alligator. Ideologically motivated people are completely unpredictable and make choices that hurt even them on principle, just because of muh feels

Gabriel Bell
Gabriel Bell

Always take Jewish economists with a tablespoon of salt.
Most Jewish economists I see are from the Chicago school or Austrian School like Mises, Block, Friedman, Rothbard, Kirzner, and even Ricardo was Jewish (I wonder why he liked free trade)

Julian Myers
Julian Myers

Sounds very Talmudic, lol.
I agree, though. If you don't build in a debt jubilee, all interest should be banned.

Jacob Morgan
Jacob Morgan

But communism turns people into animals.

Anthony Perez
Anthony Perez

You are wrong, remittance of debts during shabath year (שמיטה every 7 years) applies only to debts between Jews.

Debt is not forgiven if you owe to institution (like bank), only personal debt may be forgiven.

Blake Perez
Blake Perez

As an economist, I barely know someone who likes leftist policy. Understanding economics it's a brilliant self-amplifying red pill. But still, academia is trying to corrupt it and will probably have some success with naive people.

James Ortiz
James Ortiz

You would lend your cousin money because you're supposed to be a good person. If you want your money to be productive, you would invest it. Loans are not an investment. They are the opposite of investing.
That's totally idiotic. Compound interest generates debt exponentially. That drains money from the economy exponentially, and since it will impact the labour of the debtor, will exponentially reduce productivity. Simple interest is essentially a penalty for not paying back the money on time. That's the incentive to pay back the loan. You could outgrow every loan you take, but then people would stop lending you money because they knew what you were up to.

Hunter Diaz
Hunter Diaz

Checked and saved.

Chase Nguyen
Chase Nguyen

TrueDiltom

Jack Jackson
Jack Jackson

projecting

Anthony Hill
Anthony Hill

I’m a distributist as God intended

Connor Fisher
Connor Fisher

No, simple interest has nothing to do with a penalty. This statement alone proves you have absolutely no understanding of anything you're writing about the topic.

Aiden Russell
Aiden Russell

only thinks of his tribe
doesn't think of his neighbors because they aren't his tribe
Your moral philosophy is literally parasitic like a jew. You openly admit you would damn the other people in your nation over your (((tribe))) because you don't care about them which says one of two things.
You either are a greedy tribesmen jew
Or
Your understanding of the impact of your personal success as a factor of the inputs of your neighbors in the greater economy is so flawed you're literally too ignorant or stupid to discuss economics.

Christopher Butler
Christopher Butler

AA gets btfoed everyday on twitter when gets into arguments with Keynesians.

Samuel Baker
Samuel Baker

it does not drain money from economy, it redistributes property.

for example you own 3 houses, you give loan to goy, he did not pay in time and wasted money on consumer goods, you take his house, now you have 4, you invest money in renovation and rent out.

now goy is your slave, GDP increases, productivity increases.

Elijah Ramirez
Elijah Ramirez

Academic agent
yikes

Alexander Sanchez
Alexander Sanchez

That hypothesis is easily disproved: take a random sample of young poor but hungry people and they'll prove you otherwise. The dream of success is what keeps them striving especially if they're poor. If there is socialism there's nothing to straighten be for other than high taxes which kills the dream and motivates people to move

Evan Morales
Evan Morales

German
LOL!

Leo Collins
Leo Collins

he’s not a tribalist
Globalism and loving everyone is a Jew pushed philosophy. They don’t want the white man to return to his tribal roots. You’re weak.

Lucas Gomez
Lucas Gomez

You are describing simple interest in it's accounting and financial sense.
Bruce is talking interest as an economic function which DOES view interest as a penalty.
The reason being that value of the service should be increased to the level of risk you would ascribe it...making it a calculable interest means that it's value is looser and becomes more expensive than the item is worth. Many economists would just rewrite the "gain" of interest by just upping the price of the good or service. This prevents it from being spiraled out of control by raising rates.

Jordan Lee
Jordan Lee

Most poor people don’t strive for success anymore, they’re happy with their vidya and Monday night football.

Tyler Barnes
Tyler Barnes

Never said anything about globohomo faggot. I just called you out for your own interests above your countrymen. That makes you a parasite like a jew.

Zachary King
Zachary King

poor tagging fallacy.
It suddenly makes sense now. You're a parrot for the MSM spouting the same to tired lies about class differences. You literally don't have a place to discuss economics anymore.

Dylan Taylor
Dylan Taylor

no one on Jow Forums is smart enough for any of this
but as a guy who's been flirting with the econ blog-o-sphere and read a couple of pop-econ books, I think the post-keynesians are the closest to the "truth" insofar as it even exists

Easton Cruz
Easton Cruz

he thinks his countrymen give a shit about him
You are a minority in your own country, assuming you’re white (you’re giving me vibes that you’re not white.)
Your countrymen would sell you out for a bucket of fucking fried chicken, and you’re a naive little child to think otherwise.

Evan Bennett
Evan Bennett

Boomer confirmed. Disregard entirely.
Interest is the penalty for not repaying your loan. Don't respond to me again. You're not competent enough for this topic.

Henry Flores
Henry Flores

Why thank you. Mark my words: Post-Keynesianism will be mainstream in just over 10 years.

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Nolan King
Nolan King

And you're making up your own definition, then using your own made-up definition incoherently. That's not how math or communication works.

Benjamin Scott
Benjamin Scott

Very good post. Jews love compound interest. They've killed many a successful economy with compound interest.

Aiden Foster
Aiden Foster

Interest is
twitter.com/JoMicheII/status/934073426855301120

John Brooks
John Brooks

What do people at the top do with money? Stuff it under their bed sheets or put it in a bank to be re-invested for interest?

Ryan Morris
Ryan Morris

Interest in the penalty for not repaying your loan.
Lmfao. No, it's not. Literally no one except you has ever used the word "interest" to describe a penalty.

Carter Miller
Carter Miller

Friedman is one of the most famous economists of all time, and his academic contributions, such as the consumption function, are taught as early as high school. What the fuck are you talking about?

Cameron Richardson
Cameron Richardson

and all his policy prescription have proven to be disasters

Hudson Ortiz
Hudson Ortiz

it only proves that stupid and weak people do not know how to deal with jews

the point of interest is to extract money, it always was and it will be always.

in the past feudals used physical power to beat peasants to force them to work, later - guns, today they use compound interest.

the goal of the game in capitalism is to be on top to exploit people below, so your operations must be profitable

Attached: merchant-of-venice.jpg (102 KB, 700x465)

Adrian Phillips
Adrian Phillips

Friedman didn't come up with the consumption function. He only adjusted it for unconsidered factors.

Sebastian Morris
Sebastian Morris

Popular ≠ correct
He's completely wrong and bases his theories on fucking thought experiments. And let's not forget the effects of his recommendations

Jacob Phillips
Jacob Phillips

Econtalk.

Robert Turner
Robert Turner

Why I'm not surprised that you don't even know that libertarians don't believe in "curves" (which exist only in your fantasy mathematical models) but clearly state that all prices are just separate, discrete values.

Joshua Russell
Joshua Russell

This.
You know what they say about good intentions.

Caleb Davis
Caleb Davis

Why are Austrians so vehemently opposed to math?

Josiah Morris
Josiah Morris

I'm for mixed economies with a nationalist flavor. Unbridled capitalism leads to decadent liberalism and communism is starvation.

Julian Sanchez
Julian Sanchez

they're not, they just claim to hate general equilibrium
(in reality their entire ideology is mired in an implied belief in GE)

Luke Rogers
Luke Rogers

Because math doesn't lie, you are either right or you're wrong. Economic math is bullshit, made up to support an initial claim.

Adam Sanders
Adam Sanders

economics in general is kike bullshit regardless of what side you look at. fuck the global system.

Nolan Harris
Nolan Harris

I'm a Libertarian (Voluntarist specifically). Voluntarism fixes many of our current economic problems and prevents cronyism and corporations from even existing. Also you'll be rich as fuck when you aren't paying most/all taxes to your jewish overlords or NEETs begging for more gibs from your paycheck.

Zachary Barnes
Zachary Barnes

Proly because you are able to completely detach your equations from reality and still pretend that they have some real value - like adding 90% of "dark matter" to physics equations to save them from spectacular failure.

Lincoln Rivera
Lincoln Rivera

I'm not making up shit. You're applying a type of thinking that runs contrary to price theory and instead praises usury as anything less than predatory.
It was sold out by exactly the people who think "me before them". We're in this shitter because of stupid greedy boomers fucking over everyone in cutthroat rat races instead of thinking nationally.

Caleb Reed
Caleb Reed

No one in modern economics disciplines pay Friedman any mind. Most courses now are even spent on breaking up Keynesian policies for shit they were. Ironically I've heard more of Friedman from pol and libtards on social media than I ever did in econ.

Blake Howard
Blake Howard

this is truth
the entire discipline of economics needs to just nuke itself.

Blake Reed
Blake Reed

I bet the economic philosophy of the board can be summed up in the following points:

Welfare is any benefit that SOMEONE ELSE (especially the Niggers) gets from the government.

If niggers are going to get a benefit too, than I don't want it. I'll live like a 19th century sharecropper if it means I can (somehow) be above the niggers.

When the government gives benefits to people below me (like the aforementioned niggers), it's welfare/socialism/communism. When it takes taxes to use PUBLIC MONEY to build PRIVATELY OWNED stuff like stadiums, that's just entrepreneurship.

Benjamin Hernandez
Benjamin Hernandez

I'm Genghis fucking Kahn

Jonathan Rivera
Jonathan Rivera

That's because you're not in politics.

Daniel Murphy
Daniel Murphy

i dont understand economics but communism sounds great

Cooper Sanchez
Cooper Sanchez

Sorry, I confused you with the other poster who thinks interest is a penalty for not paying a loan on time.

But I've never praised usury, so you can shove the second sentence of your reply straight up your own ass. All I've done here is agreed that interest can't work without a punctuated debt jubilee, and explained the time relation between simple and compound interest.

Alexander Ortiz
Alexander Ortiz

What is Jow Forums take on economics? Are you all fucking commies or based libertarians?
Neither.
Economic empiricist.
Ideologies are stupid memes.

Ayden Green
Ayden Green

Underrated post

Lincoln Foster
Lincoln Foster

and you are literally the first person to have ever thought this
someone give this guy a nobel prize

Isaiah Hill
Isaiah Hill

Redpill me on Israel, how would a non Jew do? I want to leave this shithole.

Jeremiah Lee
Jeremiah Lee

it's not a good place. life is hard if you're not rich, and only gets worse every year.

Asher Edwards
Asher Edwards

my take triggered his feelings.

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