Do Markets Ever Reach Equilibrium?
https://mises.org/mises-wire/do-markets-ever-reach-equilibrium
By Jonathan Newman
> Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state of economic affairs. Austrian economists know better.
https://stacker.news/items/1291764
Undisciplined
undisciplined@stacker.news
npub1t49k...4jj5
Convex combination of Ron Swanson and Britta Perry
Cohost of The Stacker Sports Podcast
Notes (20)
If you call someone an antisemite because they said it’s wrong to kill children, you should rethink your messaging.
On the 'Legitimate Authority to Kill' | The Libertarian Institute
https://libertarianinstitute.org/articles/on-the-legitimate-authority-to-kill/

> As of today, the Trump administration has launched missile strikes on at least nineteen boats in the Caribbean Sea and the Pacific Ocean, terminating the lives of more than seventy unnamed persons identified at the time of their deaths only as “narcoterrorists.” The administration has claimed that the homicides are legal because they are battling a DTO or “Designated Terrorist Organization” in a “non-international armed conflict,” labels which appear to have been applied for the sole purpose of rationalizing the use of deadly force beyond any declared war zone.
> An increasing number of critics have expressed concern over what President Trump’s effective assertion of the right to kill anyone anywhere whom analysts in the twenty-first-century techno-death industry deem worthy of death. Truth be told, as unsavory as it may be, Trump is following a precedent set and solidified by his recent predecessors, one which has consistently been met with both popular and congressional assent.
https://stacker.news/items/1289629
The Opportunity Costs of Our War in Somalia | The Libertarian Institute
https://libertarianinstitute.org/articles/the-opportunity-costs-of-our-war-in-somalia/

> For more than two decades, the United States has waged a quiet, little-noticed air and special operations war across the Horn of Africa. If most Americans are unaware of this fact, that is no accident. The campaign in Somalia has been conducted so far from public view, and with so little meaningful debate in Washington, that its continuation today is treated almost as a bureaucratic inevitability—a policy in search of a justification, defended out of habit rather than necessity. For there is no rational reason for the United States to be bombing Somalia at all. The entire enterprise stands as a textbook example of how inertia, institutional self-interest, and the perverse incentives of the national security bureaucracy combine to produce destructive policies that accomplish nothing for the American people.
> To begin with, the origins of the current conflict lie not in ancient hatreds or some inevitable African power struggle but in Washington’s own actions. Al-Shabaab—the very group the United States claims to be fighting—emerged directly from U.S. policy. In the early 2000s, Somalia had a measure of stability under the Islamic Courts Union (ICU), a loose coalition of local authorities that managed to reduce violence and impose a workable degree of order in a country wrecked by decades of civil conflict. Because the ICU included Islamist elements, obviously, Washington—fresh from its Manichean post-9/11 worldview—perceived it as a threat. The George W. Bush administration encouraged and supported Ethiopia’s 2006 invasion of Somalia to overthrow the ICU. The result was predictable to anyone familiar with basic insurgency dynamics: the relatively moderate ICU was shattered, and the more extreme elements coalesced into a new, hardened militant group—Al-Shabaab.
https://stacker.news/items/1289622
Property Rights Ping Pong Pandemonium | The Libertarian Institute
https://libertarianinstitute.org/articles/property-rights-ping-pong-pandemonium/

> Remind me again why any reasonable person expects the federal government to obey the law.
> The Trump administration this week gravely imperiled the nation’s water supply by curtailing federal regulations over dry land. Or at least that’s the story the media is hustling. A Washington Post headline epitomized the fretting: “Trump proposal would limit protections for U.S. waterways” by narrowing the definition of wetlands.
> The Post did not mention that mere puddles or land that is dry 350 days a year have been categorized as “waters of the United States” under the Clean Water Act. Perhaps the wackiest example is the Environmental Protection Agency’s (EPA) “glancing geese” test. If migrating geese glance down and consider stopping at a water hole, and the geese are on a flight that crosses state lines, EPA automatically has jurisdiction over that water hole and the surrounding land. The EPA even claimed a right to prohibit landowners from permitting photographers on their land to take pictures of the birds.
https://stacker.news/items/1289612
Israel Killed 350 Palestinians and Committed 500 Violations, Since the Ceasefire
https://libertarianinstitute.org/news/israel-has-committed-500-violations-killed-350-palestinians-since-the-start-of-the-ceasefire/

While there is officially a truce in Gaza, Israel has continued to kill Palestinians daily.
The Gaza Media Office reports Israel has committed nearly 500 ceasefire violations and killed 350 Palestinians since the truce went into effect on October 10. The Israeli violations of the agreement include bombings, shooting Palestinians, restricting aid deliveries, seizing more territory, and home demolitions.
Israel claims that its strikes on Gaza are a response to Hamas violations of the ceasefire. The Palestinian group has maintained it is committed to the truce.
https://stacker.news/items/1289601
Israel Killed 350 Palestinians and Committed 500 Violations, Since the Ceasefire
https://libertarianinstitute.org/news/israel-has-committed-500-violations-killed-350-palestinians-since-the-start-of-the-ceasefire/
While there is officially a truce in Gaza, Israel has continued to kill Palestinians daily.
The Gaza Media Office reports Israel has committed nearly 500 ceasefire violations and killed 350 Palestinians since the truce went into effect on October 10. The Israeli violations of the agreement include bombings, shooting Palestinians, restricting aid deliveries, seizing more territory, and home demolitions.
Israel claims that its strikes on Gaza are a response to Hamas violations of the ceasefire. The Palestinian group has maintained it is committed to the truce.
https://stacker.news/items/1289601
Stacker Sports Pod • Episode 59: Everybody Sucks
https://fountain.fm/episode/3mbz5HDpdoREl8ilqx0z
This continues to be the theme in the NFL and for many of the NBA teams who were supposed to be good/decent.
https://stacker.news/items/1289239
It’s communism Car!
https://fountain.fm/episode/a4YE0WlKiUdWRRUVvQxB
nostr:nevent1qvzqqqpxquqzpn2cq4mfyfn3legetgp8dwj0rl4mh46p46hh59xg90m5zp6tptnfl08mkv
Egypt Is Splitting the Sahara Desert to Let the Mediterranean Sea In
https://youtu.be/gkBVr6-XqA4
There's another project like this for the Australian Outback. It's pretty fascinating to think about making such a large inland sea.
https://stacker.news/items/1288586
Central Bankers Disagree About Gold
https://mises.org/mises-wire/central-bankers-disagree-about-gold
By Vincent Cook
> Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.

https://stacker.news/items/1288515
NFL Cross-Offs: Week 12
Here's who we've crossed off from making the playoffs, so far:
- Saints
- Dolphins
- Titans
- Jets
- Raiders
- Browns
- Cardinals
- Giants
- Commies
- Cowboys
- Falcons
Who's should be crossed off this week?
https://stacker.news/items/1286094
The Road to De-Civilization: Inflation and the Moral Erosion of Society
https://mises.org/mises-wire/road-de-civilization-inflation-and-moral-erosion-society
By Michael Matulef
> Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.
Check out [Michael on nostr](https://yakihonne.com/profile/nprofile1qqs964yyepyk02krnpkd2y403hxa2fpn6zgp4kamty3kqyvgg2p658surr8gl)
I thought he had a SN account but I couldn't find his nym
https://stacker.news/items/1285047
Texans are freedom LARPers, but they are serious about it.
https://fountain.fm/episode/ZJ6h8c4oe7zjA3nEt1RS
nostr:nevent1qvzqqqpxquqzpn0xg6u0tk78cacezhf69xh5tkglrp2xrc33t360ku9rj2x72qc3rh9u2d
Stacker Sports Pod • Episode 58: Fantasy Faceoff, Epic OKC and Who is for Real?
https://www.fountain.fm/episode/eEcJLlXARmuY5aNr52Aa
We went long on NBA and NFL, but what can you expect when we're going head-to-head in fantasy?
Happy listening!
https://stacker.news/items/1283907
Why does the NBA look so different now?
https://youtu.be/nARzNjqNoko?si=4ZErHdgTx8XhQwDc
Another great Thinking Basketball video about how and why the game has changed.
As usual, I'm left with just wanting the league to call the actual violations. Most of the ugly basketball people hate is still against the rules.
TRIGGER WARNING: This video contains nauseating no-calls and may not be suitable for all audiences.
https://stacker.news/items/1283518
Why does the NBA look so different now?
https://youtu.be/nARzNjqNoko
Another great Thinking Basketball video about how and why the game has changed.
As usual, I'm left with just wanting the league to call the actual violations. Most of the ugly basketball people hate is still against the rules.
TRIGGER WARNING: This video contains nauseating no-calls and may not be suitable for all audiences.
https://stacker.news/items/1283518
Why does the NBA look so different now?
https://youtu.be/nARzNjqNok
Another great Thinking Basketball video about how and why the game has changed.
As usual, I'm left with just wanting the league to call the actual violations. Most of the ugly basketball people hate is still against the rules.
TRIGGER WARNING: This video contains nauseating no-calls and may not be suitable for all audiences.
https://stacker.news/items/1283518
Herbert Hoover, Enemy of Free Markets
https://mises.org/mises-wire/herbert-hoover-enemy-free-markets
By William L. Anderson
> An enduring myth among American historians is that President Hoover’s response to the Depression was to let the free market work.
https://stacker.news/items/1282781
Teradollar Deficits Forever
https://mises.org/mises-wire/teradollar-deficits-forever
By Vincent Cook
> Neither Congress nor President Trump speak anymore about a balanced budget. Instead, the Republicans and Democrats compete with each other to see who can spend the most.



https://stacker.news/items/1282761