Nvidia is worth more than the entire German stock market. Mississippi’s per‑capita income is nearly Germany’s. @TylerCowen explains why European living standards have fallen so far behind Americans’.

It was baad today in Univ Econ 2000. The wage is $12/hour. A worker produces 6 units per hour. What is the labor cost per unit? Student answers: 1, .5, 6, 12. The correct answer is $2 per unit. Lesson was on why the Law of Diminishing Returns makes a cost curve slope upward.

Government is so great at running businesses! More communism!

I have some good news and some bad news. The bad news is in 1913 the US Federal income tax was signed into law by President Woodrow Wilson. The good news is he said not to worry too much it's just temporary.

The White House is overjoyed that they're taking $100 billion more from you than last year.

Jim has this strange idea that the Church would never—ever—make a mistake when hiring someone in a marketing role —but just might make serious errors when issuing proclamations on basic doctrine signed by the First Presidency and the Twelve and cited repeatedly for 30 years

If we divide the right of the heir by the right of the government to take the inheritance, we get a number in excess of 1 trillion.

Author discovers principle that Adam Smith enunciated in 1759. But she thinks it's the exception, not the rule.

The coat maker gets rich from cold. The doctor gets rich from disease. The roofer gets rich from storms. The road crew gets rich from potholes. The world would be a better place with more disease, potholes, cold, and storms because all will be rich. mises.org/mises-daily/ob…

Since Postliberals have already decided that mainstream economics is wrong and/or evil, tainted by "greed," and offensive to their own aesthetic sensibilities, it makes them extremely credulous to nutjobs and grifters peddling "alternative" economic philosophies.

A man in Britain said "WE LOVE BACON". British police arrested him. No, this is not a comedy skit.

Similar thoughts here from earlier in the week: x.com/CatoInstitute/…

It won't bring them back. For one thing, furniture manufacture is much more automated than in the 1980s. And if someone opens an American factory it will be even more automated. Few jobs would be created--mostly be babysit machines. Might take 5 years to set up a factory.

Intel has been losing money and shedding employees. Now the US will hand Intel money to keep them from getting smaller, though the market is telling Intel to get smaller. And as other companies outperform Intel, the US govt has an incentive to cripple them to save its baby.

August 7, 2025: Trump calls for the resignation of Intel's CEO ("no other solution"), calls him "highly conflicted" 15 days later: Intel CEO agrees to give Trump and the US government 10% of the company, Trump calls him "highly respected" Totally normal stuff

Yay! The government has raised your taxes by $3.3 trillion over 10 years! Enjoy having trouble making ends meet! Enjoy the increased government control that the $3.3 trillion will be used for!

I smoke my friends down to the filter.

I say this ever time this comes up: Please ask us this This is our favorite thing to talk about There are whole businesses that have successfully monetized white people's desire to know where their ancestors came from

I don't know how much more of this I can take. She's filing her nails while they're dragging the lake.

I’m not for socializing any of it, but why does the GOP seem to have a double standard now?