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“Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.” — Thomas Sowell

Democracy is the theory that the common people know what they want, and deserve to get it good and hard. Basically, let them fuck around and find out.

Folk economics is pretty bad (e.g. much worse than folk psychology)

"Commerce softens and polishes the manners of men. It unites them, by one of the strongest of all ties, the desire of supplying their mutual wants." —Scottish historian William Robertson (1721–1793)

"Commerce cures destructive prejudices.… Wherever lifestyles are gentle, there is commerce; and wherever there is commerce, lifestyles are gentle." —Charles-Louis de Secondat, Baron de La Brède et de Montesquieu (1689–1755)

We need a separation of economy and state.

youtube.com/watch?v=vT8ir-…

“The more the state ‘plans,’ the more difficult planning becomes for the individual.” — Friedrich Hayek

“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property.” — Milton Friedman

“The real question is not which policy sounds more plausible, or which would work best if people behaved ideally, but which policy in fact turns out to produce better results with actual people, behaving as they actually do.” — Thomas Sowell

Denmark avoided far right populist surge by simply lowering immigration

My politics is whatever leads to this

Eine der wichtigsten Karten unserer Zeit: TFR (Fertilitätsrate bzw. Kinder pro Frau) nach Regionen. Jede Region, die nicht mindestens hellgrün ist, verliert entweder Population oder muss sie von anderswo importieren.

“In order to make people equal, you have to treat them differently. If you treat people alike, the result is necessarily inequality.” — Friedrich Hayek

Which would you choose?

Two bees sleeping together in a flower