Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile
Steve Trost, PhD, PE

@trostparadox

Truth & Wisdom-Seeker; Promoter of Liberty & Freedom; BS Eng’g (MIT); MS & PhD Eng’g (Okla State); PhD Entrepreneurship (Okla State); Inventor (13 patents)

ID: 1240034729598103552

linkhttps://okstatefe.blogspot.com/ calendar_today17-03-2020 21:59:12

904 Tweet

425 Followers

472 Following

3speaktv (@3speaktv) 's Twitter Profile Photo

Economy of $HBD being spent in IRL businesses is now at $61k USD annually from almost zero 6 months ago. Growing steadily. Expect this to triple over next 6-12 months

Economy of $HBD being spent in IRL businesses is now at $61k USD annually from almost zero 6 months ago.  Growing steadily. 

Expect this to triple over next 6-12 months
Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile Photo

He doesn’t dispute any of JD Vance’s examples—numerous violations of freedom of conscience & speech. He merely argues that Germany & the rest of Europe remain steadfast in their authoritarian form of Democracy—which is the form where 2 wolves & a sheep vote on what’s for dinner.

Jeffrey A Tucker (@jeffreyatucker) 's Twitter Profile Photo

I'm concerned that many people do not understand the historical and institutional context in which the DOGE labor reforms are unfolding. They look at this as if these are some random, chaotic, arbitrary, strange, and even cruel measures to impose on a devoted civil service.

Per Bylund (@perbylund) 's Twitter Profile Photo

Sound economics by my friend Victor V Claar 🌴: "The counterproductivity of Florida’s anti-price-gouging law" gulfshorebusiness.com/economic-comme…

Per Bylund (@perbylund) 's Twitter Profile Photo

The only reasonable "global standard" for #trade is consumer sovereignty. We produce to consume and producers profit from serving consumers, satisfying their wants well. There's no need for bureaucrats to impose special terms--the market is merciless and cannot be bought off.

Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile Photo

Austrians are the only economists who realistically incorporate entrepreneurial activity into their theorizing. Economists who derive theory from empirical observations cannot incorporate true entrepreneurship into such theorizing, even if they wanted to, b/c “ceteris paribus”.

Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile Photo

Whenever John Tamny visits Oklahoma State Univ. (which is frequently but not enough), I tell students that he is the most independent thinker I know. His recent article about rising U.S. debt levels being a symptom of excessive taxation rather than excessive spending is a brilliant example.

Mark Packard (@mdpackard) 's Twitter Profile Photo

This new paper attempts to clear the air around inequality debates, pinpointing the propensity to"talk past each other" by failing to acknowledge the different assumptions we make around the concept of "justice." It's an important read for scholars of all perspectives.

Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile Photo

.Mises Institute provided Hazlitt’s Economics in One Lesson for 2 discussion groups Oklahoma State Univ. last semester. Yesterday, a PhD Candidate who faithfully attended showed me the opening paragraph of his dissertation he will defend next week. It quotes the One Lesson. mises.org/library/book/e…

Steve Trost, PhD, PE (@trostparadox) 's Twitter Profile Photo

An exceptionally well-stated exposition of the true dangers of AI by Per Bylund (spoiler—the dangers are not due to super-intelligence, but rather the old well-known computer-science phenomenon of garbage-in garbage-out, GIGO):