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Undisciplined
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Convex combination of Ron Swanson and Britta Perry Cohost of The Stacker Sports Podcast
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Undisciplined 1 month ago
Zimbabwe Has No Long Money https://mises.org/mises-wire/zimbabwe-has-no-long-money By Jabulani Chibaya > More than a decade ago, Zimbabwe became synonymous with hyperinflation. While that era has mercifully passed, the nation’s central bank still is following inflationary policies.
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Undisciplined 1 month ago
Democracy + Bureaucracy = Idiocracy https://mises.org/mises-wire/democracy-bureaucracy-idiocracy By Joshua Mawhorter > Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.
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Undisciplined 1 month ago
The Fed’s Policy of Price Stability Helps Create an Unstable Economy https://mises.org/mises-wire/feds-policy-price-stability-helps-create-unstable-economy By Frank Shostak > The Federal Reserve claims that its policies are aimed a keeping prices stable. However, these policies actually undermine the economy and make it unstable.
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Undisciplined 1 month ago
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Undisciplined 1 month ago
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Undisciplined 1 month ago
Do Technology Shocks Cause Boom-Bust Cycles? https://mises.org/mises-wire/do-technology-shocks-cause-boom-bust-cycles By Frank Shostak > For a while, some economists tried to claim that business cycles are the result of significant changes in technology. The Austrians have a better explanation. Even my normie grad school buddies found this macro theory particularly vacuous.
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Undisciplined 1 month ago
Government as Organized Crime: The Microsoft Antitrust Case https://mises.org/mises-wire/rothbards-definition-government-organized-crime-microsoft-antitrust-case By William L. Anderson > Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.
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Undisciplined 1 month ago
America’s Gerontocracy Goes Deeper than Aging Politicians https://mises.org/mises-wire/americas-gerontocracy-goes-deeper-aging-politicians By Ryan McMaken > America’s elderly political class is only the most visible symptom. The deeper problem is a government built to transfer wealth from younger Americans to a caste of older, wealthier generations.
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Undisciplined 1 month ago
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Undisciplined 1 month ago
Why Mass Extinctions Make Intelligence Vanishingly Rare in the Universe I just recently stumbled across this guy's videos and I'm hooked. He thinks through some of these big questions so clearly and carefully and explains really important scientific principles well. > Mass extinctions may explain why intelligent life is rare in the universe. On many worlds catastrophes may wipe out complex life, or sterilize the planet, preventing the evolution of intelligence. We may have gotten incredibly lucky to have a planet that remained habitable for 4.5 billion years. I call this the Charmed Life Hypothesis, and it’s one of the most terrifying explanations for why we haven’t made contact with aliens. > It's a counterintuitive idea because necessarily most of the evidence in favor of it can't be found by studying Earth's history, or we wouldn't be here. Earth's history shows an unbroken period of habitability extending back 4 billion years... but it could hardly be otherwise, or we wouldn't be here to see it. Numerous nonlethal mass extinction events- the asteroid impact that killed the dinosaurs, the Permo-Triassic extinction, Snowball Earth glaciations- failed to wipe out complex life, but this may be survivorship bias; only on planets where life survives the gauntlet of mass extinctions can intelligence emerge to study its history.