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ECONOMICS ARCHIVES
Dear Libertarians: Trade Deficits Matter. February 13, 2019 Spencer P Morrison 0. Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like THE ECONOMICS OF ILLEGAL IMMIGRATION: EVERYTHING YOU NEED Texas is a distant second, although the costs are likewise significant: illegal immigration costs the State of Texas $12.4 billion annually, or roughly 10 percent of the state’s budget. In third place is New York, which spends $7.4 billion on illegal immigration. The data could not be clearer: illegal immigration costs American taxpayers big 7 WAYS TO STOP ILLEGAL IMMIGRATION The 7 Best Ways to Solve the Problem of Illegal Immigration. President Trump promised he would stop illegal immigration. So far, he’s done a good job: border crossings are down (way down), and deportations are up (way up). ICE now has teeth and is doing its job. 40 PERCENT OF KIDS NOW BORN TO SINGLE MOMS—UP 700 PERCENT Since 1960, America’s single motherhood rate has risen from 5 percent to 40 percent in absolute terms—a 700 percent increase in under 60 years. This is partly due to the increasing acceptance in out-of-wedlock births. But, as the authors point out, this rise has a few more concrete explanations, such as: increased unwed promiscuity,fewer
BEN SHAPIRO DESTROYED ON ECONOMICS Shapiro states: The reality is that my arguments on free trade have been supported by every major free market economist in history. . . This is a tautology: of course most “free market” (read: Austrian School) economists support free trade—just as most American School economists support tariffs, or most labor economists support unions. RICARDO'S DILEMMA: WHY COMPARATIVE ADVANTAGE FAILS Ironically, the best critique of comparative advantage comes from David Ricardo himself. In his book, he acknowledges that his theory is domain- specific, meaning that it only applies when certain antecedent conditions are met. In a way, the theory of comparative advantage contains the seeds of its own destruction. Ricardo writes: FIVE WAYS THE FEDERAL GOVERNMENT WASTES YOUR TAX DOLLARS Highlights From Federal Fumbles: 5 Examples of Wasteful Government Spending. US Senator James Lankford (R-OK) is a hero for his work exposing wasteful government spending. For the last three years, the Senator has released a report called Federal Fumbles: 100 Ways the Government has Dropped the Ball—ie. wasted your tax dollars.. Federal Fumbles documents “instances where federal UP TO 50 PERCENT OF DACA RECIPIENTS ARE FRAUDULENT, SAYS 40 to 50 Percent of All DACA Recipients Are Frauds. According to Matt O’Brien, the former manager for the US Citizenship and Immigration Services Agency’s investigative unit, fraud under Obama’s unconstitutional Deferred Action for Childhood Arrivals (DACA) program has reached absurd proportions.. In fact, up to half of the 800,000 illegal aliens who benefit under DACA should not be 3 REASONS WHY MASS IMMIGRATION IS BAD FOR THE ECONOMYSEE MORE ON NATIONALECONOMICSEDITORIAL.COM ABORTIONS COST CANADIAN TAXPAYERS $100 MILLION ANNUALLY In 2015, there were 31,911 abortions performed in hospitals and 68,193 in private clinics. If you do the math this gives us a total of $95.6 million in abortion costs in 2015. So, Canada spends roughly $100 million on abortion per year. And this is a low estimate. The price estimate used was for the cheapest abortions there are.ECONOMICS ARCHIVES
Dear Libertarians: Trade Deficits Matter. February 13, 2019 Spencer P Morrison 0. Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like THE ECONOMICS OF ILLEGAL IMMIGRATION: EVERYTHING YOU NEED Texas is a distant second, although the costs are likewise significant: illegal immigration costs the State of Texas $12.4 billion annually, or roughly 10 percent of the state’s budget. In third place is New York, which spends $7.4 billion on illegal immigration. The data could not be clearer: illegal immigration costs American taxpayers big 7 WAYS TO STOP ILLEGAL IMMIGRATION The 7 Best Ways to Solve the Problem of Illegal Immigration. President Trump promised he would stop illegal immigration. So far, he’s done a good job: border crossings are down (way down), and deportations are up (way up). ICE now has teeth and is doing its job. 40 PERCENT OF KIDS NOW BORN TO SINGLE MOMS—UP 700 PERCENT Since 1960, America’s single motherhood rate has risen from 5 percent to 40 percent in absolute terms—a 700 percent increase in under 60 years. This is partly due to the increasing acceptance in out-of-wedlock births. But, as the authors point out, this rise has a few more concrete explanations, such as: increased unwed promiscuity,fewer
BEN SHAPIRO DESTROYED ON ECONOMICS Shapiro states: The reality is that my arguments on free trade have been supported by every major free market economist in history. . . This is a tautology: of course most “free market” (read: Austrian School) economists support free trade—just as most American School economists support tariffs, or most labor economists support unions. RICARDO'S DILEMMA: WHY COMPARATIVE ADVANTAGE FAILS Ironically, the best critique of comparative advantage comes from David Ricardo himself. In his book, he acknowledges that his theory is domain- specific, meaning that it only applies when certain antecedent conditions are met. In a way, the theory of comparative advantage contains the seeds of its own destruction. Ricardo writes: FIVE WAYS THE FEDERAL GOVERNMENT WASTES YOUR TAX DOLLARS Highlights From Federal Fumbles: 5 Examples of Wasteful Government Spending. US Senator James Lankford (R-OK) is a hero for his work exposing wasteful government spending. For the last three years, the Senator has released a report called Federal Fumbles: 100 Ways the Government has Dropped the Ball—ie. wasted your tax dollars.. Federal Fumbles documents “instances where federal UP TO 50 PERCENT OF DACA RECIPIENTS ARE FRAUDULENT, SAYS 40 to 50 Percent of All DACA Recipients Are Frauds. According to Matt O’Brien, the former manager for the US Citizenship and Immigration Services Agency’s investigative unit, fraud under Obama’s unconstitutional Deferred Action for Childhood Arrivals (DACA) program has reached absurd proportions.. In fact, up to half of the 800,000 illegal aliens who benefit under DACA should not be 3 REASONS WHY MASS IMMIGRATION IS BAD FOR THE ECONOMYSEE MORE ON NATIONALECONOMICSEDITORIAL.COM ABORTIONS COST CANADIAN TAXPAYERS $100 MILLION ANNUALLY In 2015, there were 31,911 abortions performed in hospitals and 68,193 in private clinics. If you do the math this gives us a total of $95.6 million in abortion costs in 2015. So, Canada spends roughly $100 million on abortion per year. And this is a low estimate. The price estimate used was for the cheapest abortions there are. THE ECONOMICS OF ILLEGAL IMMIGRATION: EVERYTHING YOU NEED Texas is a distant second, although the costs are likewise significant: illegal immigration costs the State of Texas $12.4 billion annually, or roughly 10 percent of the state’s budget. In third place is New York, which spends $7.4 billion on illegal immigration. The data could not be clearer: illegal immigration costs American taxpayers bigECONOMICS ARCHIVES
Dear Libertarians: Trade Deficits Matter. February 13, 2019 Spencer P Morrison 0. Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like MILLENNIALS SPEND MORE ON EXPERIENCES NOW THAN EVER BEFORE Covid-19 Proves that Economists Know Nothing Analysis Covid Quarantine Will Destroy the Economy, Not Save Lives Analysis Remittances: Illegal Immigration’s $30 Billion HIDDEN TAX Video China STEALS $600 Billion in American Intellectual Property Every Year Video America Made China Great Again—They AMERICANS TAXED $400 BILLION FOR FIBER OPTIC INTERNET THAT Americans Paid $400 Billion in Taxes & Internet Surcharges for Fiber Optic Upgrades that Never Came. South Korea is the poster child for high-speed internet: its fixed-connection and mobile download speeds are consistently among the fastest in the world, and its capital city, Seoul, is completely saturated with Wi-Fi. HOW GLOBAL "FREE TRADE" KILLED THE MIDDLE CLASS According to data from Pew Research, the median hourly wage in 1973 was $22.07 (in 2014 purchasing power), whereas the median hourly wage in 2014 was just $20.74. Essentially, the median American is economically worse off than he was nearly 50 years ago (technological improvements aside). The American dream is dying, and free trade is toblame.
GREEN ENERGY IS EXPENSIVE & WON'T SAVE THE ENVIRONMENT—IT Green Energy Is Expensive & It Won’t Save The Environment. June 7, 2017 was a blustery day in the UK—so blustery, in fact, that the country’s wind turbines helped the UK set a green energy generation record. For the first time in the UK’s history, alternative energy ILLEGAL IMMIGRATION COSTS CALIFORNIA $30.3 BILLION A YEAR Covid-19 Proves that Economists Know Nothing Analysis Covid Quarantine Will Destroy the Economy, Not Save Lives Analysis Remittances: Illegal Immigration’s $30 Billion HIDDEN TAX Video China STEALS $600 Billion in American Intellectual Property Every Year Video America Made China Great Again—They HOUSEHOLD APPLIANCES WERE CHEAPER 40 YEARS AGO—WE'RE Modern appliances are, by and large, junk. They last half, to one-third as long as older models. The main reason why household appliances, like clothes washers and dryers, refrigerators, dishwashers, and ovens, are more expensive today than they were 40 TOP 50 CONSERVATIVES TO FOLLOW ON TWITTER, 2017 27. Bill Mitchell. Bill Mitchell is a conservative radio host on Your Voice Radio. He was one of President Trump’s most vocal advocates during the 2016 campaign and used YouTube and Twitter to get the word out about the “dishonest media” and their campaign coverage. IMMIGRANTS COMMIT 84 PERCENT OF ALL RAPE IN SWEDEN New Study Shows Looks at All Rape in Sweden Between 2012 & 2017, Finds: Migrants commit two-thirds of all rape in Sweden. Men of immigrant backgrounds commitMENU
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* Covid-19 Proves that Economists Know Nothing __Analysis
* Covid Quarantine Will Destroy the Economy, Not Save Lives __ Analysis * Remittances: Illegal Immigration’s $30 Billion HIDDEN TAX __ Video * China STEALS $600 Billion in American Intellectual Property Every Year __ Video * America Made China Great Again—They Won’t Return the Favor __ VideoSearch for:
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Analysis
COVID-19 PROVES THAT ECONOMISTS KNOW NOTHING*
Analysis
COVID QUARANTINE WILL DESTROY THE ECONOMY, NOT SAVE LIVES*
Analysis
ELECTORAL ALCHEMY: HOW THE DEMOCRATS CREATE NEW VOTERS*
Analysis
DEAR LIBERTARIANS: TRADE DEFICITS MATTER*
Analysis
DO THE MATH: TRUMP’S WALL IS $25 BILLION, ILLEGALS COST $165BILLION
*
Analysis
POLITICAL IATROGENICS: WHY SOCIALISM DOESN’T WORK*
Analysis
DEAR LIBERALS: IQ MATTERS*
Analysis
WHY FREE TRADE DOESN’T WORK: AN ALLEGORY*
Analysis
CALIFORNIA’S PARADOX: IF IMMIGRATION CREATES WEALTH, WHY ISCALIFORNIA POOR?
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BLAME CHINA—NOT AUTOMATION—FOR AMERICA’S MANUFACTURING DECLINE* Previous
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REMITTANCES: ILLEGAL IMMIGRATION’S $30 BILLION HIDDEN TAX __April 16, 2019 __0 Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From Remittances: Illegal Immigration’s Hidden Tax: To be clear, it’s impossible to know exactly . . .Video
CHINA STEALS $600 BILLION IN AMERICAN INTELLECTUAL PROPERTY EVERYYEAR
__April 11, 2019 __0 Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. “Consumers are paying the price” for President Trump’s tariffs, CNN claims. Millions will feel the pinch; . . .Video
AMERICA MADE CHINA GREAT AGAIN—THEY WON’T RETURN THE FAVOR__April 7, 2019 __0
Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From Trump’s Tariffs on China is a Necessary Evil: The oldest definitive evidence of . . .Video
WHY A CARBON TAX WILL ACTUALLY RAISE CO2 EMISSIONS__April 7, 2019 __0
Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From Carbon Taxes Increase CO2 Emissions: Not only does the logic show that carbon . . .Video
ANDREW YANG’S UNIVERSAL BASIC INCOME IS DOOMED TO FAIL__April 1, 2019 __0
Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From The Siren of UBI: Robots aren’t taking our jobs. Andrew Yang thinks automation will result in mass . . .ANALYSIS
Analysis
COVID-19 PROVES THAT ECONOMISTS KNOW NOTHING__May 11, 2020 __0
The International Monetary Fund anticipates that the economic fallout from Covid-19 will plunge the world into a recession, the likes of which we have not experienced since the Great Depression. This seems increasingly likely. Over . . .Analysis
COVID QUARANTINE WILL DESTROY THE ECONOMY, NOT SAVE LIVES __April 28, 2020 __0 The media has riled our people into a state of absolute panic over Covid-19. In response, Western governments have instituted strict “social distancing” protocols to contain the infection. We are not allowed to work. We . . .Analysis
ELECTORAL ALCHEMY: HOW THE DEMOCRATS CREATE NEW VOTERS __February 26, 2019 __0 Legend says a humble French scribe named Nicolas Flamel (d.1418) discovered the philosopher’s stone—the alchemical secret to physical transmutation. To immortality itself. After turning a half-pound of mercury into gold, fear consumed Flamel: what man . . .Analysis
DEAR LIBERTARIANS: TRADE DEFICITS MATTER __February 13, 2019 __0 Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like every other intellectual . . .Analysis
AMERICA AS O-RING
__February 11, 2019 __0 On January 28, 1986, the space shuttle Challenger exploded. All seven astronauts were killed. Eyewitness Frank Mottek described the scene: Just then we both stood up and looked up at the shuttle making its wayfarther and . . .
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Analysis
COVID-19 PROVES THAT ECONOMISTS KNOW NOTHING__May 11, 2020 __0
The International Monetary Fund anticipates that the economic fallout from Covid-19 will plunge the world into a recession, the likes of which we have not experienced since the Great Depression. This seems increasingly likely. Over . . .Analysis
COVID QUARANTINE WILL DESTROY THE ECONOMY, NOT SAVE LIVES __April 28, 2020 __0 The media has riled our people into a state of absolute panic over Covid-19. In response, Western governments have instituted strict “social distancing” protocols to contain the infection. We are not allowed to work. We . . .Video
WHY SOCIALISM ALWAYS FAILS: POLITICAL IATROGENICS & CAUSAL OPACITY __March 22, 2019 __0 Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From Political Iatrogenics: Socialism is a political philosophy predicated upon interventionism. It’s all about taking. . .
Analysis
ELECTORAL ALCHEMY: HOW THE DEMOCRATS CREATE NEW VOTERS __February 26, 2019 __0 Legend says a humble French scribe named Nicolas Flamel (d.1418) discovered the philosopher’s stone—the alchemical secret to physical transmutation. To immortality itself. After turning a half-pound of mercury into gold, fear consumed Flamel: what man . . .Analysis
DEAR LIBERTARIANS: TRADE DEFICITS MATTER __February 13, 2019 __0 Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like every other intellectual . . .Analysis
DO THE MATH: TRUMP’S WALL IS $25 BILLION, ILLEGALS COST $165BILLION
__February 10, 2019 __0 Scott Adams, the creator of the popular cartoon “Dilbert,” transformed himself into a persona non grata in 2016 by exposing how Donald Trump manipulated the media by using sophisticated persuasion techniques. History proved Adams was correct and Trump . . .ECONOMICS
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COVID-19 PROVES THAT ECONOMISTS KNOW NOTHING__May 11, 2020 __0
The International Monetary Fund anticipates that the economic fallout from Covid-19 will plunge the world into a recession, the likes of which we have not experienced since the Great Depression. This seems increasingly likely. Over . . .*
Covid Quarantine Will Destroy the Economy, Not Save Lives __April 28, 2020 __0*
China STEALS $600 Billion in American Intellectual Property EveryYear
__April 11, 2019 __0*
Why a Carbon Tax Will Actually RAISE CO2 Emissions__April 7, 2019 __0
IMMIGRATION
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ILLEGAL ALIENS COST $140 BILLION YEARLY: MORE THAN HURRICANE HARVEY __February 27, 2019 __0 Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From The Economics of Illegal Immigration: According to the Federation for American Immigration Reform’s (FAIR) new . ..
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Trump’s Wall: $25 Billion. Illegal Aliens: $165 Billion. DO THEMATH
__February 27, 2019 __0*
Illegal Immigration Hurts Black Americans the Most __October 23, 2018 __3*
Trump Will Be America’s Last Republican President __October 16, 2018 __3GOVERNMENT WASTE
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US CITIZENSHIP AND IMMIGRATION SERVICES ANNOUNCES ‘AMERICA FIRST’POLICY
__March 8, 2018 __0
USCIS Director Announces They Will Put America First In Mission Statement The United States Citizenship and Immigration Services department announced that they will move towards an ‘America First’ approach to their responsibilities. They now promise . . .*
Audit: DoD Logistics Agency has Over $800 Million in UnaccountedExpenses
__February 5, 2018 __0*
Feds Spent $167,045 Fighting “Fat Shaming” __January 24, 2018 __0*
Feds Award $12.8 Million To Study Bulgarian Folk Music & Make A VideoGame About Alchemy
__January 23, 2018 __0SUBSCRIBE
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