Carl Sagan on astrology. From COSMOS: A Personal Voyage, Episode 3 “Harmony of the Worlds”

They're still not listening.

De 1 en 100 a 1 en 50 de que todo lo que te preocupa sea completamente al pedo

Milton Friedman on tariffs and the free trade.

Milton Friedman on tariffs: "It protects the consumer very well against one thing. It protects the consumer against low prices."

Must watch. These were the times when the US used to have a serious and thoughtful President, probably one of the best ever.

[Warning: this may offend some people!] I think economists have done society a disservice by elevating applied-micro studies that focus exclusively on the relative effects of trade across different groups of workers but are silent about the aggregate effects.

I'm normally not a big fan, but this is an absolutely brilliant answer by Larry Summers to the oft-repeated argument that China is somehow "cheating" in trade. In fact it's probably the best answer I've ever heard on this. It goes back to the point I was making

delete all IP law

People who died of hunger so far in 2025. ↳ 2,535,500 Deaths from GMO in the last 30 years. ↳ zero.

Fun fact. BYD new factory in Zhengzhou will cover 50 square miles, which is larger than San Francisco's surface at 46.9 square miles.

Cancer deaths are rising? No. That’s a lie. Cancer death rates have been falling for decades. Check the data. Better science. Better treatment. Better outcomes. Fear sells. But facts matter.

"Canada’s publicly provided health care system actually requires rationing in order to contain costs. Because services are offered at no monetary price, demand exceeds the available supply of doctors, equipment, and facilities. If the different provinces (which operate most

Yes! With conservative numbers, we find tariffs to be recessionary. Why? Export demand is more elastic than import substitution and households are very elastic to higher prices, esp. in extension with durables Plots below from version with durables. GDP falls, then bounces back

My friend, mentor, and Nobelist Milton Friedman on the trade deficit: “The trade deficit is not a deficit in another sense. It’s a capital surplus.”

Trumps’ tariff got China to reduce its tariffs to 10%! Yea Trump! But wait, China’s tariffs were even LOWER before Trump raised tariffs in his first term. When countries fight trade wars… WE LOSE. “Tariffs always make people poorer,” says economist @Scottlincicome.

The share of income spent on food, clothing, and housing in the has declined dramatically since 1901 in the United States. It's even lower than in 1973, which many claim is the beginning of economic stagnation.

Neat! The literature seems to strongly agree: Unions are bad for employment, investment, profit, and productivity.

youtu.be/Tc78yPv_ztM?si…

El problema es que creyeron qué para exportar zapatos había que prohibir la importación de todo el calzado. Y generaron el efecto contrario: desaparecieron los buenos fabricantes de zapatos porque podían vender muchas zapatillas baratas. Los zapatos eran exportables, las zapas no