Economics

"Politics and economics have always had a connection since the day they were created, but in 21st century the rise of globalization gave a whole new meaning to it."

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"The idea of economic freedom as is used by progressives is a bastardization of the term and one that attempts to conflate abilities and positive rights with negative ones."

"A recent analysis conducted by the right-leaning organization “Tax Foundation” has found that the Trump tariffs have had an impact on consumers, which is something we all knew was going to happen. What this analysis focuses on, specifically, however, is exactly who is impacted the most of the consumers that have taken a hit. Those hit the hardest? Lower- and middle-class families."

"On the surface, there’s a good chunk of ideas that could sit quite well with libertarians and many of the goals and changes we’ve wanted to see for years. Unfortunately, there’s a lot on the other side of this equation that needs a look over."

"Deadweight loss occurs when something intervenes in the market and shifts the equilibrium price. Price ceilings, price floors, tariffs, and other externalities can create these pockets."

"The current state of medicine in the US is depressing. Medical cartels rule and the people suffer as a result. Instead, I would like to transform the system so that all of the patients in the United States are treated like I was on that Time Square street. Where I was able to ride in a limo for the price of an UberX."

"What I see happening is that unless newer fields emerge that are of interest to people (since this scenario has enough base costs covered to not really need to work), and assuming this somehow doesn’t turn into some form of Star Trek socialism, I believe that we’ll move from a service economy into more of an entertainment economy."