““There are four ways in which you can spend money.  You can spend your own money on yourself.  When you do that, why then you really watch out what you’re doing, and you try to get the most for your money.  Then you can spend your own money on somebody else.  For example, I buy a birthday present for someone.  Well, then I’m not so careful about the content of the present, but I’m very careful about the cost.  Then, I can spend somebody else’s money on myself.  And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch!  Finally, I can spend somebody else’s money on somebody else.  And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get.  And that’s government.  And that’s close to 40% of our national income.””

— Milton Friedman

Tags: Milton Friedman ∙ money

❝❝Beer, cheese, and bread.

These things were discovered hundreds, perhaps thousands of years ago. We don't know exactly when. What we do know is that chemistry and science in general originated because someone wanted to make beer, cheese, and bread better.

Money, measurement and accounting in general started because someone tried to figure out how many goats their grain harvest was worth.

That doesn't even count fundamentals like fire or the wheel which are still basics of our science and technology today.

Science and technology use what works. When we find something that works better, we modify our science and technology.

And yes, economics in it's pure form is a science. The problem comes when we try to use economics to do things that it can't do well. Most of this is directly traceable to government interference in the exchange.

Economics describes the flow of value. We know how value moves as long as it isn't diverted. Rather than top-down "managing the system" and diverting (and diminishing value), I'd rather see new ideas in products and services. I'd rather see incremental improvements in technology than a clumsy effort to shift money by government edict. I'd rather see lower prices than tariffs protecting the "balance of payments."

---

No, the correct phrase is that when we find something that works better, we modify our science and technology. Sometimes it's an improvement, sometimes it is a dead end. Modify is appropriate, not improvement.

Your point is wrong. The poor are getting richer, in cash, opportunities, and in available goods (at a lower cost). Cell phones are dirt cheap. Grocery stores have a better selection and sell for lower relative prices.

There is a disparity between the rate of wealth growth of the rich and poor, but the majority of people are better off. But since that doesn't cost the poor, that's hardly a problem.

Are there problems with unemployment and low paying jobs? Yes, but it's not government's job to fix that. We know that when government tries to set prices or wages, things get worse.

You want specifics, then I will give you specifics. Cut taxes so that the combined (Federal, state, local) tax on anything is no more than ten percent. Do away with the income tax and it's reporting requirements. Prevent government from spending more than it takes in, possibly by punishing the legislators. I can give you hundreds more, but all of it is unimportant until taxes get cut way back AND government spends within it's means and no more.

If I say things that are correct and they don't fit your "mental image of the world," maybe that image isn't all that clear.

---

For American history, I usually work from about 1750 CE on. For Western civilization in general, I usually work from the age of Charlemagne or the Roman republic

Now, what you are talking about is the 20th Century. That just happens to be the century of American central banking, command economy, war as an industry, active intervention in the internal affairs of other nations, massive corporations mostly unbound by local laws, and the birth of "globalism." I put "globalism" in quotes because our "elites" don't mean opening up the world to trade and cultural exchange, they mean control. Specifically deciding what is and is not allowed under what circumstances.

I group these things together because they are closely and intimately related. These are also things that you are not supposed to pay attention to, indeed most of the media constantly tries to distract people from these things. It's just taken for granted that government is supposed to handle those things and we mere citizens aren't supposed to worry.

We're conditioned from birth to accept that government is the first, last, and best solution.

Plot the events and trend lines for yourself. Increase any of these six items and the impact falls mostly on the middle class and then the poor. These changes don't affect the rich as much as those trying to become rich. Changing your financial circumstances becomes harder. Indeed, a society that puts those six factors first "locks out changes," it resists any disruption from within the system. Usually the only change that can happen starts externally. For the elites, this is not a flaw, this is deliberate design.

So when I say that government is not your friend and when the solution to almost all widespread economic problems is to get government out of the picture, it's because I know what it has done.

The truly scary part is "helping the little guy" relies on more government intervention and control. Even though that is what hurt the them to begin with. Let's fix government… with more government!

The problem for the elites is that the economy can't be controlled, not even mostly. Remember when I said that economics was about the flow of value? It's like piping water in a swamp. Yes, you can clean it up the water and direct it where you want, but there is still a lot of water flowing around. The more water, the more it seeps and looks for lower ground. You can only" fix" that by draining all the water and taking away what used to be widely available.

Now let's change that phrasing that a bit.

Yes, you can clean it up the value and direct it where you want, but there is still a lot of value flowing around. The more value, the more it seeps and looks for lower ground. You can only" fix" that by draining all the value and taking away what used to be widely available.

That's a whole new different perspective. Economic activity and free markets create more value. The flow of value and value in the wrong hands threatens the central systems and the elites. As the elites see it, their best interests are served by controlling value and directing it where they see problems. They want their choice to supersede the choices of others, particularly the unwashed masses who don't know when something is being done for the Greater Good.

Build a system insulated from the free market that "controls" value and it will always serve the elites at the expense of everyone else. Manipulate the system, tinker with it, and the elites always come out ahead.

---

“When has an economist ever been right about anything?!”

Hernando de Soto. The Other Path: The Economic Answer to Terrorism. Almost any of the Chicago school of economics. But the politicos don't like a free market approach because it reduces their power and their ability to pick "winners" and "losers" in a national economy. Of course when things go wrong, that doesn't stop the politicos and pundits from blaming economics in general and the Chicago school specifically. Even if the politicos and technocrats did the exact opposite of what Chicago school of economics experts told them they needed to do.

---

Meteorology measures and predicts the weather within limits. No one expects meteorology to control the weather. Even in a massive internal environment like a skyscraper, no one uses the tools and techniques to of meteorology to control the "weather" except in the most basic ways. Meteorology is about understanding the weather, not controlling it.

Any meteorologist who told you that he could control the weather is either a fool or a con man.

Likewise, any meteorologist who claimed he could predict the wind by measuring the humidity isn't using the right tools.

---

The Other Path tells that story. de Soto was part of the international economics team brought in to advise to Chilean government how to grow their economy and how to deal with The Shining Path's promises. It's one of the best examples of practical economics and the Chicago school specifically.

---

A word of advice. Never argue practical economics with a small "L" libertarian.

---

A good economist isn't going to promise he can control the flow of value. What he can do is tell you that diverting value reduces value.

Value isn't something that can be generated by political dictate. You have to provide something that people want. Free market competition means that over time, goods and services become better, cheaper, and more widely distributed, even as the overall value flow increases. It's all based on choice without coercion. Voluntary exchanges between consenting adults.

When you get people who don't like the choices others make and see the coercive power of government as a way to change or stop those choices, that's when things get complicated. We effectively outlaw cannabis and cocaine, but nicotine and alcohol are only regulated. Sex is okay in marriage, but not as a commercial transaction. You can make a statue of a bare breasted Liberty leading the charge, but most American beaches require covered breasts.

The economic choices allowed by government to most American citizens are meant to control them, not to free them.❞❞

Tags: economics ∙ beer ∙ cheese ∙ bread ∙ chemistry ∙ science ∙ money ∙ measurement ∙ accounting ∙ wheel ∙ fire ∙ harvest ∙ trade ∙ technology ∙ value ∙ American history ∙ Western Civilization ∙ 20th Century ∙ central banking ∙ command economy ∙ war industry ∙ foreign policy ∙ corporations ∙ globalism ∙ media ∙ goverment ∙ Hernando de Soto ∙ Chicago school of economics ∙ Chile ∙ libertarian ∙ voluntary exchange ∙ consenting adults

❝❝Science doesn't work by consensus. Science works by explaining existing phenomena AND accurately predicting what happens next. Scientists are people too and they can see where the money and power are coming from. Very few want to speak against that. Sometimes the ones who have disputed the consensus have been attacked and discredited without the argument ever being addressed.❞❞

— NeoWayland

Tags: maxims ∙ science ∙ consensus ∙ explaining ∙ phenomena ∙ predictions ∙ money ∙ power ∙ discredited ∙ argument

What we do know is that there are loud politicos who want to take freedom, power, and money from people "for the greater good."

Tags: climate change ∙ climate models ∙ predictions ∙ climate alarmist ∙ politicos ∙ celebrity ∙ global cooling ∙ global warming ∙ climate science ∙ Intervene ∙ natural process ∙ freedom ∙ power ∙ money

❝❝First, let's acknowledge that almost no one becomes a billionaire without active government intervention. Whether it's a patent, the existence of a corporation, or the exclusive right to sell colored sugar water, you can't concentrate money on a large scale without government.

Second, money depends on movement. Money stuffed in a mattress is just lumpy nesting material. It's cashflow that makes economies work. Yes, that dingus sells for $350, but there is the raw material cost, the manufacturing costs, the overhead costs like salaries and government fees, and so on. Very few things have a profit margin of ten percent, and most are well under five. So that dingus sells for $350, but most likely it cost the company about $333 to make and distribute. Money has to circulate or there is no value anywhere.

Third, you can't overlook competition. Well, at least not without government suppressing it anyway. A company has to compete for employees, just as employees have to compete for jobs. Multiple employers mean better wages and benefits. Regionally, multiple employers means that a town or city is less subject to the whims of a single company or the demands of a single industry.

As far as there being too few jobs, that kicks into government intervention again. In a healthy economy, there will usually be more jobs than employees.

Fourth (and this is the really important bit), companies expand by providing better quality goods and services cheaper, faster, and with more distribution than the competition. This instability is the keystone to the whole process. If a company can't compete, it loses money. More accurately, resources (including employees) are freed to other companies.

Companies want shortcuts, so they lobby and change the law rather than create new products and services. If a large company can pull it off, it's usually much cheaper. Again, this is government intervention. Short of government protection and favor, the only way a company can stay in business is by being at least as good as it's competition.

---

I should add that digital services and products throw a spanner in the works. On the one hand you have companies like Google offering "free services" by selling your data. On the other hand you have companies like Disney selling movies produced 25, 30 years ago for $20 a pop. We're still working out how all this will work in the long run.❞❞

Tags: billionaire ∙ government intervention ∙ patent ∙ corporation ∙ exclusive right ∙ money ∙ movement of value ∙ cIrculate ∙ competition ∙ employees ∙ better wages and benefits ∙ healthy economy ∙ cheaper ∙ faster ∙ distribution ∙ lobby ∙ Disney ∙ Google

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Tags: election ∙ illegal immigrants ∙ Democrats ∙ money ∙ immigration ∙ invasion ∙ war ∙ Russia ∙ China ∙ al-Qaeda ∙ establishment ∙ Hillary Clinton ∙ Donald Trump ∙ Kyrsten Sinema ∙ police ∙ hack ∙ IronChat ∙ CIA ∙ surveillance culture ∙ juvenile ∙ judge ∙ Jeff Sessions ∙ cannabis

❝❝I'm telling you as a Genuine Tree Hugging Pagan that anthropogenic climate change is a scam designed to seize money and political power.❞❞
     — NeoWayland

Tags: maxims ∙ anthropogenic climate change ∙ pagan ∙ scam ∙ money ∙ power

❝❝*sigh*

Pardon, but global climate change is a scam designed to take political power and money away from people. The figures are not accurate, the goalposts keep getting moved, and the solutions always seem to boil down to "give us money and don't ask questions."

I've done the research. Short of reducing the number of people or removing access to energy, there is not a lot that can be done. At present, there are exactly two off-the-shelf technologies that can meet power needs without adding to the "carbon footprint." Those are hydroelectric and nuclear plants. There are a limited number of rivers that can be dammed up to produce power. There are very few alternatives to high-pressure fission plants. Nobody wants either close to their homes.

Despite what you've been told, most "green" technologies are anything but. Ethanol can't be produced economically without subsidies. It's much more chemically unstable, making it harder to store, transport, and use in engines. Electric cars don't mass as much, making them more dangerous in an accident. Manufacturing and maintaining electric car batteries has a bigger impact on the environment. Solar and wind require parallel systems to meet peak demand. The cost of solar is prohibitive. Wind power attracts and kills birds. It may also contribute to local warming.

This is a big mess, and it's not going to be fixed by a top down legal solution.

Given the games that have been played over the years, we don't know what contributes to global climate change. We don't even know if there is human caused climate change. Climate changes, it happened before humans were here, and it will continue long after our descendant's descendants have turned to dust.

Meanwhile, we're still pumping water into swimming pools and golf courses. We still have waste plastics and trash piling up. We're destroying the rainforests and wiping out species.

But that doesn't matter because we're going to fix global warming. Eventually.

---

Pardon, but I didn't say that nuclear or dams are an acceptable solution. I said that they were the only existing off-the-shelf solutions that could meet demand and not add to the "carbon footprint."

As far as the predictions being short of reality, well, no. Back in the 1970s, the fear was about global cooling. In 1990, the IPCC predicted that temperatures would rise by 1ºC by 2025. As of the end of 2017, the actual change has been between .3ºC and .5ºC, depending on which database you use. Wildfires were supposed to increase, they declined. Snow was supposed to become a rare event, it stayed about the same. The Arctic Ocean was supposed to become ice free, but there's been no measurable decline. The sea level was supposed to rise four feet by now, it's been three or four inches. In 2005, there were supposed to be 50 million "climate refugees" by 2015.

This is the problem. Someone will proclaim disaster, but they are never held accountable for previous predictions. The goalposts keep moving.

---

What I'd like to see is the ecological issues separated from the climate change claims. There is a tremendous amount of power and money at stake without any accountability.

That is what I meant by a scam. People want to help. Pagans and Earth-centered faiths especially want to help the planet. Somebody is profiting without actually "saving the planet." If it were anything else, we'd call them out. But because it's climate change, we accept the outrageousness.

---

I agree with you about the dams. They aren't a good solution. They are one of the very few proven technologies that can deliver the energy.

Pardon, I wasn't clear. Electric vehicles devote most of their mass to batteries. There have been some impact studies that do not show electrics in a good light.

I don't advocate reducing the population. But it is one of the solutions that is "on the table." Oddly enough, it's focused mainly on highly industrialized nations.

---

Pardon, but it is not about "deepening our understanding."

Somebody predicted something, it did not happen, and rather than owning their mistake, they predict more disaster just around the corner.

We don't know what makes climate work. I wouldn't trust anyone who claims to know what the temperature "should be."

I do know that we don't have big enough baselines. They talk about "the worst weather in a century." But the planet is more than four and a half billion years old. That's about .0000022% more or less.

---

If I told you that your favorite relative was coming in a red car, wouldn't you notice more red cars?

If the news was telling you that there were more storms, wouldn't you notice more storms?

You should ask IF there are actually more natural disasters or if someone wants more viewers/readers.

I'm not disputing that there are ecological problems. In my first post on this thread I mentioned water and waste disposal. What I am disputing is if global climate change is human caused or even a problem.

Electric cars have always had the battery problem. Add to that generating the electricity in the first place. Both have a huge environmental and economic impact.

Solar and wind are cheap, but converting them into something we can use is not. I live in Arizona, one of the sun shiniest states in the union. But that won't produce electricity at night or during a storm. The sun doesn't always shine and the wind doesn't always blow.

Don't underestimate the power of profit and the free market. It's why we have things like grocery stores and comfortable shoes. Not to mention dirt cheap ballpoint pins, cheap computers, clean water, and affordable eyeglasses. See, the thing about the free market is that you have to offer as good as your competition or you lose business. If the competition makes it better or cheaper, you have to match them just to stay afloat.

And that brings us back to solar. In a world where practically anything can be sold at a profit at WalMart, don't you think that if cheap, durable, efficient solar cells could be made they would be?

I'm not asking for predictions to be one hundred percent accurate. But I do think the accuracy should be better than chance. Especially if the people doing the predictions want scads of money and tremendous political power to fix the "problem."

---

You're using solar supplementally. That's good.

Let me make it clear that I do not oppose solar. I just do not think it's practical or affordable as a primary source on a mass scale as it has been sold. I'm a big fan of decentralization. I also think that much of our architecture doesn't support the wise use of energy.

I'm not sure that solar is practical as a primary electrical supply, even on a small scale. Aside from AC, there are things like freezers, refrigerators, hot water heaters, washers, and dryers. These appliances are designed for a constant flow of power.

Ideally I think there should be earth houses or something along the lines of the works of the late Malcolm Wells.

---

The weather isn't the same every year. My high desert is having a very dry year on top of several others. Lake Powell and Lake Mead are at very low although not record low levels. It's enough to trigger the restrictions on the water treaties though, which means that Arizona and Nevada won't be getting their full allotment from the Colorado.

There was one year when I was a kid that there was snow every two or three days. Not a lot of snow, but very unusual for a desert and unheard of.

Even a human lifetime is not enough to establish a baseline. What is weather in a century when the planet is billions of years old? The planet has had several ice ages, which means there were warm periods too.

I want to stress that I am not dismissing environmental issues like clean water. When I first saw the PBS series based on Cadillac Desert I was horrified. That made me take a hard look at what was happening with water in the Southwest.

No, my issue is with anthropogenic climate change. From what I can tell, there are alarmists but no evidence. And a lot of failed predictions.❞❞

Tags: climate change ∙ scam ∙ money ∙ hydroelectric ∙ nuclear power ∙ green energy ∙ anthropogenic climate change ∙ water ∙ swimming pools ∙ golf courses ∙ plastic ∙ rainforests ∙ species ∙ global warming

❝❝I think that is the problem behind Washington's "politics as usual" and what passes as "globalism." It's process over goals. Spending money and gathering attention is more important than measurable results.❞❞
     — NeoWayland

Tags: maxims ∙ globalism ∙ politics as usual ∙ money ∙ attention ∙ results

❝❝The ability to earn, keep, and move money without government monitoring or control.

The ability to travel without being searched and having my belongings seized.

The ability to practice my faith and others as I choose without harassment, including celebrating rites and rituals that aren't "mine."

The presumption of innocence if charged with a crime.

Ownership of property without the threat of government seizure.

The ability to speak and write my thoughts and beliefs without prosecution.

There are others, but those are the biggies.

---

"Yeah, taxes are a bitch. But how do you think you get that massive military and corporate welfare you guys love so much?"

That has nothing to do with Libertarianism or libertarianism.

You keep trying to get me to justify Republican positions of the things that certain conservatives have done. Why should I point out that income taxes by their nature require massive surveillance powers when you just assume that I support a massive military and corporate welfare?

You want specific examples? Fine.

I don't support corporatism, crony capitalism, corporate welfare, or any variant. If a company can't succeed without government help, it doesn't deserve to exist.

The only reason the U.S. "needs" a massive military is because we are actively meddling in the internal affairs of so many other nations. And then we take offense when other nations try to meddle with us.

All but three of the 9-11 terrorists were in direct violation of American law before 9-11. Nearly everything the U.S. has done since is security theater and plain oppression while expanding the police state.

Yes, I have had belongings seized, and none of your business.

No, I can't practice any rite or ritual I choose. Even leaving out the ones I usually practice nekkid, there are so-called liberals who object to any religion. Then there are the conservatives who object to any non-Christian religion, especially if their version of Christianity is not placed above all others. There is a casual assumption of "Judeo-Christian" values in public life that implies that other faiths only exist at the sufferance of "good Christians." There are rituals which by law I am not allowed to participate in, such as the peyote rites of the Native American Church. By law if I am not from a recognized tribe, I am not allowed to possess the feathers of a raptor, even if I found them on the ground. In some jurisdictions, this extends to ravens and crows.

I have "selective" free speech. There are hate speech laws on the books in this country. Universities and political gatherings regularly confine dissenters to "free speech zones." Microsoft just announced that they will be reviewing private accounts to screen for hate speech and "unsuitable content." Twitter regularly deletes conservative and libertarian posters. YouTube either demonetizes or deletes conservative and libertarian content. Lately YouTube has even gone after prepper and gun review videos. The only way to get around this is to own your own domain and pay for a hosting service, but that is no guarantee.

I want a world with less government than absolutely necessary. If I wanted a world where nothing bad happened, I would want more government to protect me. Of course more government couldn't protect me, but that is another topic.

Drug laws came from progressives, just as Prohibition did.

I'm not a conservative. Quit lumping me in with them. I don't believe in warrantless searches, period.

I was born on the Navajo reservation. I grew up in Arizona and I still live here. I've witnessed oppression. And yes, I've lived through it too. But I am not doing this for "poor little me" or because I want people to acknowledge my victimhood. It's not me that is important.

I'm doing this because there is a right and a wrong and the difference is not hard to find. I'm doing this because we're measured in the lives we touch. I'm doing this because we're here to make the World a little better than how we found it.

So quit trying to make it worse because a "white" did something to a "black." Quit trying to make the Democrats heroes because they care for the "little guy" even as they work to keep them victims. Quit slapping labels on people to excuse their bad behavior.

I'm human. You're human. That person over there is human. Don't judge by the labels. Words matter. Actions matter more. Intentions don't.❞❞

Tags: money ∙ travel ∙ siezed ∙ faith ∙ rites and rituals ∙ presumption of innocence ∙ property rights ∙ speak ∙ write ∙ thought control

Headlines that don't merit their own entry

Tags: Crux Files ∙ climate change ∙ plant trees ∙ grow a garden ∙ climate alarmist ∙ profit ∙ foreign policy ∙ government ∙ Somebody Else's Problem ∙ Christians ∙ nuclear power ∙ Earth Day ∙ climate gap ∙ UNFCCC ∙ EPA ∙ political coup ∙ prestige ∙ truth ∙ heretic ∙ science is settled ∙ power ∙ money ∙ carbon dioxide ∙ scientists ∙ cascade effect ∙ spreadsheets ∙ consensus ∙ advertising ∙ thou shalt not dissent ∙ science ∙ Earth-centered religion ∙ human influence ∙ volcanos ∙ pollution ∙ water shortage ∙ mass produced architecture ∙ back seat ∙ climate models ∙ suberted ∙ industrial chemicals ∙ greenhouse gases ∙ raccoon population explosion ∙ polar bears ∙ environmental movement ∙ human activity ∙ climatology

““Giving money and power to politicians is like giving whiskey and car keys to teenage boys.””
     — P.J. O'Rourke

Tags: P. J. O’Rourke ∙ money ∙ power ∙ politicos ∙ whiskey ∙ car keys ∙ teen age boys

““If you want to find utopia, take a sharp right on money and a sharp left on sex and it's straight ahead.””
     — Penn Jillette

Tags: Penn Jillette ∙ picture ∙ guest content ∙ Utopia ∙ sharp right ∙ sharp left ∙ money ∙ sex ∙ memes

❝❝The message was clear. There are problems but your Government Is Taking Care Of It. You don't have to worry. It's Somebody Else's Problem. You don't have to be responsible. Just put the right people in charge. Give more money. Give more authority. Sacrifice more rights. Repeat until we get it right. And don't ask too many questions.❞❞
     — NeoWayland

Tags: maxims ∙ government ∙ message ∙ Somebody Else's Problem ∙ authority ∙ money ∙ rights ∙ questions

“How I missed the point of bitcoin”

“Congress considers bill greatly expanding feds’ power to seize your money, Bitcoin, and property”

Tags: clipping ∙ bitcoin ∙ dark web ∙ censorship-resistance ∙ Marc Hochstein ∙ Congress ∙ seize ∙ money ∙ property ∙ Charles Grassley ∙ Dianne Feinstein ∙ John Cornyn ∙ Sheldon Whitehouse ∙ monetary instruments ∙ blank check ∙ criminal activity ∙ Justin Haskins

❝❝Heinlein was right. "There Ain't No Such Thing As A Free Lunch."

There's an internet adage that has popped up in recent years. "If it's free, you're not the customer, you're the product."

And finally there's the old reliable. "Follow the money."❞❞

Tags: Robert A. Heinlein ∙ free ∙ TANSTAAFL ∙ money ∙ customer ∙ product

“Climate is changing Because it's HUMANITY'S FAULT and WE'RE SCREWING UP THE PLANET!!!!!"

Tags: global warming ∙ conversation ∙ science ∙ faith ∙ doctrine ∙ dogma ∙ consensus ∙ law of gravity ∙ High Council of Scientists ∙ 97% ∙ Kendall Zimmerman ∙ Cook study ∙ money ∙ power ∙ Energy Transitions Commission ∙ Al Gore ∙ scaremonger ∙ shaming ∙ climate models ∙ article of faith ∙ Christians ∙ anthropogenic climate change ∙ historical evidence ∙ sunspots ∙ solar activity ∙ CO2 ∙ trees ∙ Bret Stephens ∙ thou shalt not dissent

“You Are Still Crying Wolf”

Tags: 1967 ∙ video ∙ animation ∙ Scrooge McDuck ∙ currency ∙ money ∙ Disney ∙ cIrculate ∙ salt ∙ salary ∙ trade ∙ civilization ∙ inflation ∙ economics ∙ financial discipline ∙ taxes ∙ economy ∙ guest content