Behavioral Economics: Full Series


Published on Sep 11, 2017

Behavioral economics helps you understand dating, partying, college loans, voter ignorance, and all the choices humans make. Here’s our full series. SUBSCRIBE: http://bit.ly/2dUx6wg

 

Debate: Is There Too Much Inequality in America? | Learn Liberty


Published on Mar 8, 2013

Wealth inequality is real, but is it fair? The distribution of wealth in America is lopsided in the favor of the 1% – a point made by the video “Wealth Inequality in America.” This inequality is intuitively and philosophically unfair to many people, but what happens when we examine the roots of our motivation? How can society BEST help the poorest? How can individuals BEST provide better lives for themselves – and their loves ones? Can our BEST laws also be our FAIREST? A fair society is a challenge to the status quo. Learn Liberty asked two professors — a libertarian (Professor Steve Horwitz), and an opposing philosopher (Professor Jeffrey Reiman) — to answer questions about wealth, fairness, inequality, and the United States. This is their debate.

There’s No Such Thing As An Unregulated Market


Published on Nov 16, 2017

We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains.

 

 

 

Immigrant-Hater Trump Welcomes Record Number of New U.S. Citizens


Published on Jun 4, 2019

Despite his opponents’ narrative that President Trump is anti-immigrant, he presides over huge growth in new citizens and approval of citizenship applications, including those of asylum seekers and refugees. Will Trump’s base of xenophobes and immigrant-haters abandon him because more foreigners are becoming citizens? Will the Progressive Left retract the “anti-immigrant” slur, now that they see how welcoming Trump is toward the tired, and poor, huddled masses yearning to breathe free? Countering the Progressive narrative with 48 new episodes each month, the Members at BillWhittle.com create this show, and run their own Member-written blog at their exclusive Members-only website. If you enjoy reasoned thought and civil dialogue, you’ll find a home among these folks. Join them today at https://BillWhittle.com/register/

Sunday Talks: Clete Williams -vs- Leland Vitter – Trump “Perfectly Happy” to Hit China With More Tariffs…


Former White House China trade negotiator Clete Williams makes a rare appearance to discuss President Trump’s ongoing trade position with China; and the lessons they are learning from Trump’s severity with Mexico.

Fox News talking-hair Leland Vitter, a prime example of the axiom: “a little knowledge is dangerous”, tries his best to promote the preferred Murdoch points; however, Vitter finds himself struggling against the weight of the examples highlighted by Mr. Williams. Quite funny actually:

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Worth noting: President Trump spoke with Mexican President Andres Manuel Lopez-Obrador (AMLO) yesterday (See Tweets Below).

Sunday Talks: Kevin McAleenan -vs- Brett Baier – Trump Cuts Gordian Knot With Mexico…


Appearing on Fox News Sunday acting Homeland Security Secretary Kevin McAleenan discusses the approach by President Trump to impose import tariffs on Mexico if the administration of President Lopez-Obrador does not fulfill their pledge.

Along with outlining the Mexican agreement, McAleenan notes President Trump is absolutely willing to impose the tariffs on Mexico if there is no substantive and immediate improvement to stem the flow of Central American migrants.

Act, or be acted upon…

What If There Were No Prices? The Railroad Thought Experiment


Published on Nov 5, 2015

What if there were no prices? How would you use available resources? To appreciate why market prices are essential to human well-being, consider what a fix we would be in without them. Suppose you were the commissar of railroads in the old Soviet Union. Markets and prices have been banished. You and your comrades. Passionate communists all. Now, directly plan how to use available resources. You want a railroad from city A to city B, but between the cities is a mountain range. Suppose somehow you know that the railroad once built. Will serve the nation equally well. Whether it goes through the mountains or around. If you build through the mountains, you’ll use much less steel for the tracks. Because that route is shorter. But you’ll use a great deal of engineering to design the trestles and tunnels needed to cross the rough terrain. That matters because engineering is also needed to design irrigation systems, mines, harbor installations and other structures. And you don’t want to tie up engineering on your railroad if it would be more valuable designing those other structures instead. You can save engineering for other projects. If you build around the mountains on level ground. But that way you’ll use much more steel rail to go the longer distance and steel is also needed for other purposes. For vehicles, girders, ships, pots and pans and thousands of other things. Which route should you choose for the good of the nation? To answer, you would need to determine which bundle of resources is less urgently needed for other purposes. The large amount of engineering and small amount of steel for the route through the mountains, where the small amount of engineering and large amount of steel for the roundabout route. But how could you find out the urgency of need for engineering and steel in other uses? Find out more as Professor Howard Baetjer Jr. from Towson University explains market prices through the railroad thought experiment.

Beijing Summons U.S. Tech Leaders to Summit With Threats of “Punishment” if They Follow Trump…


Interesting, albeit not surprising, report from the New York Times after they are debriefed by a group of U.S. tech industry executives about a compliance meeting in China.

The Beijing regime of Chairman Xi Jinping summoned leaders from the top of U.S. tech industry companies and informed them of consequences for complying with U.S. laws that relate to black-listed Chinese industry; ie. Hauwei.  It will be interesting to see how this dynamic plays out.

Beijing is counting on the far-left anti-American ideology within Silicon Valley to create a communist economic alliance on U.S. soil that will work against the interests of the American people.

SAN FRANCISCO — The Chinese government this past week summoned major tech companies including Microsoft and Dell from the United States and Samsung of South Korea, to warn that they could face dire consequences if they cooperate with the Trump administration’s ban on sales of key American technology to Chinese companies, according to people familiar with the meetings.

Held on Tuesday and Wednesday, the meetings came soon after Beijing’s announcement that it was assembling a list of “unreliable” companies and individuals.

[…] The meetings this week were led by China’s central economic planning agency, the National Development and Reform Commission, and attended by representatives from its Ministry of Commerce and Ministry of Industry and Information Technology, who addressed their remarks to a broad range of companies that export goods to China, according to the two people familiar with the gatherings.

[…] More broadly, the warnings also seemed to be an attempt to forestall a fast breakup of the sophisticated supply chains that connect China’s economy to the rest of the world. Production of a vast array of electronic components and chemicals, along with the assembly of electronic products, makes the country a cornerstone of the operations of many of the world’s largest multinational companies.

[…] To those from the United States, they warned that the Trump administration’s move to cut off Chinese companies from American technology had disrupted the global supply chain, adding that companies that followed the policy could face permanent consequences. The Chinese authorities also hinted that firms should use lobbying to push back against the government’s moves.

[…] Chinese officials explicitly warned companies that any move to pull production from China that seemed to go beyond standard diversification for security purposes could lead to punishment, according to the two people.

[…] The Chinese officials told companies from outside the United States that as long as they kept up their current relationships and continued to supply Chinese companies normally, they would face no adverse consequences. (read full article)

Remarkably, this approach is exactly what CTH has predicted for over two years.  It was/is an easy prediction to see where this was heading because the severity Beijing’s economic dependence is their Achilles heal.  Anything that begins to impede the ability of China to continue their world economic conquest, immediately becomes a threat to the communist regime.

Once a threat is identified, they are defined as a zero-sum adversary who must be controlled or destroyed.  In this example the technology industry writ large is the threat.  If U.S. companies do not comply with the demands of China all of their foreign assets will be confiscated by the government and the organization is labeled as a threat to the state.

…”Chinese officials explicitly warned companies … any move to pull production from China that seemed to go beyond standard diversification for security purposes could lead to punishment”…

Not much for subtlety and nuance, eh?

A year ago Politico presented an interesting article about how Chinese spies are conducting extensive surveillance operations in/around the San Francisco bay area.  They were prescient with the warning: “As Silicon Valley continues to take over the world, the local spy war will only get hotter—and the consequences will resonate far beyond Northern California.”

Indeed the depth of the Chinese influence is becoming increasingly clear.  In Washington DC Congressman Justin Amash has been pushing heavily for President Trump’s impeachment.  In addition to being an elected representative, Mr. Amash operates a manufacturing company in China. [link]  These positions are directly related.

Keep an eye-out for those who raise the strongest objections toward the Trump administration confronting China; there’s almost a guarantee the scale of opposition will be in direct alignment to their financial interests in Beijing.

Yes, as with all things Trump, the president is likely to expose much more than just political opposition based on ideology.  President Trump’s America-First stance is putting the spotlight on all those politicians who bet against our nation, took the indulgences from a happy Panda, and swore a greater allegiance to their net worth.

We live in remarkable times…