Real economics (Austrian) examines the behavior of individuals. If we know that a group of people tend to always buy car tires and whipped cream together, we treat these as complimentary goods. If the price of tires goes us, all else being equal, the price of whipped cream goes down. Psychology examines why an individual behaves in a certain way. It can explain why a group of people buy tires and whipped cream together. Economists don’t care why, because understanding the economy doesn’t require that level of individual introspection. Fake Keynesian economics would observe an overall poetic increase in the transportation sector and drop in luxury food items and recommend going short on restaurants. #economics #psychology

There's a new trend on X/Twitter, and I find the psychology hilarious. It's at the very least targeting my demographic, 40s males. My posts get liked by some various obvious camgirl account, complete with a link to an onlyfans-sounding domain name. I clicked a few times to see what the scam was... it's been crytpo ads on Telegram everytime. In other words, scammers are finding it a useful strategy to bait men with sex to sell them a scam.

“The US government is already mired in $5.8 trillion of debt” Oh boy book, you will not be happy to find out what happened next.

I’m glad decorum is leaving politics. I’m glad we see politicians cursing and insulting each other. I’m glad we see Fetterman showing up in basketball shorts. And I loved seeing RFK call out Bernie on good funding, without even giving him the respect of the title. These pele have collected stolen away control of our lives. This isn’t a civilized forum for rational debate. This is a battlefield where we’re fighting for our basic rights. In other words, fuck totalitarians.

I was proud of this one, from a blitz game #chess #chesstr

For the Mario fans

GM Nostr! #memes #memestr

Medieval army discussions. Socialist version: I've assembled the best minds of the kingdom to discuss the matter of the enemy's walls and how to breach them. We will have 2 hour slots for presentation per person. Capitalist version: 500 gold coins and my daughter's hand in marriage to whoever figures out how to blow that fucker up.

There’s no better way to make my food tasteless and unappealing than my three year old daughter shoving her open mouth in my face to demand her tithe.

It blows my mind how much of the debates in the modern world seem to stem from low vs high time preference.

GM Nostr! #memes #memestr

Anyone have a recommendation for learning the basics of anarchocapitalism? #asknostr #economics #politics

#memes #memestr

I love leftist memes like this because they’re so self congratulatory about the quote, while the rest of us can read it and say, “Yup, these policies have been bullshit for about 100 years now.”

GM Nostr! #memes #memestr

I’ve been listening to the Crate from Jekyll Island audiobook. I just listened to the section on “replacements for war” to keep the population under control, and the environmental model is… scarily relevant to our modern world.

GM Nostr! #memes #memestr

So, who thinks Ivermectin cures cancer?

#memes #memestr #bitcoin