Square cuts's avatar
Square cuts
npub1x836...tpjd
Principle of least action
Square cuts's avatar
squarecuts 10 months ago
Propositions: 1. Economic and political freedom of the individual are essential to human prosperity. 2. Redistribution of wealth is inevitable, whether by taxation or bloody revolution. 3. Markets are a good mechanism of innovation, not a good mechanism of redistribution. 4. Taxation is not regulation. 5. Extreme wealth inequality is undesirable, but moderate inequality is desirable. If these propositions are true, then a fair and stable society could be achieved through deregulation of markets, while taxing the bejeezus out of the ultra-rich (eg inheritance tax + very high rate on passive income >1mill).
Square cuts's avatar
squarecuts 11 months ago
Australian house prices vs Australian money supply (M1).
Square cuts's avatar
squarecuts 11 months ago
Hard times make strong men is a partial truth. Hard times are (probably) necessary but not sufficient. There a plenty of people who have had hard times and come out the other end virtueless cunts.