Government

Yes Gravel Institute, “Big Government” is the Problem (The Gravel Institute Debunked)

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“Big Government” isn’t the problem, says Briahna Joy Gray. Rather it’s the people running the government. Strangely, she fails to mention who exactly is supposed to replace the people running the government. Join me as we debunk “Is ‘Big Government’ Really the Problem?” The latest piece of nonsense posted on September 28th, 2020 by the Gravel Institute.

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Hashtags: #TheGravelInstitute #BriahnaJoyGray #BigGovernment #Government #Corruption #Politics #Democrats #Republicans

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References:

Agresti, J. D. (2019, August 30). The Poorest 20% of Americans Are Richer on Average Than Most European Nations: James D. Agresti. Retrieved November 21, 2020, from https://fee.org/articles/the-poorest-20-of-americans-are-richer-than-most-nations-of-europe/

Chantrill, C. (Ed.). (n.d.). US Government Spending History from 1900. Retrieved November 21, 2020, from https://www.usgovernmentspending.com/past_spending

Huntzinger, J. (2018, December 7). Why The Founding Fathers Despised Democracy. Retrieved November 21, 2020, from https://finance.townhall.com/columnists/jimhuntzinger/2018/12/07/why-the-founding-fathers-despised-democracy-n2537155

Hülsmann, J. G. (2014, September 18). How Inflation Helps Keep the Rich Up and the Poor Down. Retrieved November 21, 2020, from https://mises.org/library/how-inflation-helps-keep-rich-and-poor-down

Iacono, C. (2016, February 25). The Myth of Scandinavian Socialism. Retrieved November 21, 2020, from https://fee.org/articles/the-myth-of-scandinavian-socialism/

Long, R. T. (2001, October 16). Equality: The Unknown Ideal. Retrieved November 21, 2020, from https://mises.org/library/equality-unknown-ideal

Lundeen, A. (2017, January 16). The Top 1 Percent Pays More in Taxes than the Bottom 90 Percent. Retrieved November 21, 2020, from https://taxfoundation.org/top-1-percent-pays-more-taxes-bottom-90-percent/

Mathew, N. (2019, January 12). Meet the Anarchist Who Single-Handedly Fought the US Post Office. Retrieved November 21, 2020, from https://fee.org/articles/lysander-spooner-the-anarchist-who-single-handedly-took-on-the-us-post-office/

Moseley, G. B. (2008). The U.S. Health Care Non-System, 1908-2008. AMA Journal of Ethics, 10(5), 324–331. doi: 10.1001/virtualmentor.2008.10.5.mhst1-0805

Syrios, A. (2015, November 23). The Good Ol’ Days: When Tax Rates Were 90 Percent. Retrieved November 21, 2020, from https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent

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Yes Gravel Institute, Capitalism IS Freedom

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Fordham Law School Professor Zephyr Teachout has released a video for The Gravel Institute titled, “Capitalism vs. Freedom.” In it, she argues that capitalism results in ruthless monopolies that mercilessly dictate the lives of every person within the economy. However, like every other critic of capitalism, she conflates voluntary transactions in the free market with government regulations, then advocates greater power for government to fix the problems that the government caused.

This video was requested by my patron Mikail the Stray Cat. All patrons who pledge $15 per month or more on Patreon or SubscribeStar are guaranteed to have their video requests made.

Hashtags: #TheGravelInstitute #ZephyrTeachout #Capitalism #FreeMarket #Economics #Government #Politics #GravelInstitute

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References:

Agarwal, R. (2018, November 15). Why Amazon Runs Toward Government With HQ2. Retrieved October 25, 2020, from https://www.forbes.com/sites/washingtonbytes/2018/11/15/why-amazon-runs-toward-government-with-hq2/

Apply for licenses and permits. (n.d.). Retrieved October 25, 2020, from https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits

Chappelow, J. (2020, September 16). Capitalism. Retrieved October 25, 2020, from https://www.investopedia.com/terms/c/capitalism.asp

Dilorenzo, T. J. (1996). The myth of natural monopoly. The Review of Austrian Economics, 9(2), 43-58. doi:10.1007/bf01103329

Dunkelberg, W. (2017, April 04). The Insidious Cost Of Regulation. Retrieved October 25, 2020, from https://www.forbes.com/sites/williamdunkelberg/2017/04/04/the-insidious-cost-of-regulation/

Edward Snowden: Leaks that exposed US spy programme. (2014, January 17). Retrieved October 25, 2020, from https://www.bbc.com/news/world-us-canada-23123964

Federal Laws Prohibiting Job Discrimination Questions And Answers. (2009, November 21). Retrieved October 25, 2020, from https://www.eeoc.gov/fact-sheet/federal-laws-prohibiting-job-discrimination-questions-and-answers

Foulkes, A. (2005, May 17). In Defense of Employment-at-Will. Retrieved October 25, 2020, from https://mises.org/library/defense-employment-will

Legrain, M. (2018, November 26). Revealed: Restricting breaks keeps poultry industry workers living in fear. Retrieved October 25, 2020, from https://www.theguardian.com/food/2018/nov/26/revealed-restricting-breaks-keeps-poultry-industry-workers-living-in-fear

Merriam-Webster. (n.d.). Freedom. In Merriam-Webster.com dictionary. Retrieved October 25, 2020, from https://www.merriam-webster.com/dictionary/freedom

Moseley, G. B. (2008). The U.S. Health Care Non-System, 1908-2008. AMA Journal of Ethics, 10(5), 324–331. doi: 10.1001/virtualmentor.2008.10.5.mhst1-0805

Tucker, J. A. (2008, January 07). How Free Is the “Free Market”? Retrieved October 25, 2020, from https://mises.org/library/how-free-free-market

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What Black Lives Matter Means to a Brainwashed Kid

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Vox recently released a video titled, “What Black Lives Matter means to an 11-year-old.” Allegedly, the video contains a speech that an 11-year-old named Jolia gave at her fifth grade graduation this year. Sadly, all the video demonstrates is that radical parents are forcing their children to live in fear despite there being no evidence to back up their assertions.

Hashtags: #BlackLivesMatter #BLM #Vox #Police #LawEnforcement #My2Cents

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References:

Bandler, A. (2016, July 13). 7 Statistics You Need To Know About Black-On-Black Crime. Retrieved October 11, 2020, from https://www.dailywire.com/news/7-statistics-you-need-know-about-black-black-crime-aaron-bandler

Day, J. C. (2020, August 18). Black High School Attainment Nearly on Par With National Average. Retrieved October 11, 2020, from https://www.census.gov/library/stories/2020/06/black-high-school-attainment-nearly-on-par-with-national-average.html

James, L., James, S. M., & Vila, B. J. (2019). The reverse racism effect: Are cops more hesitant to shoot Black than White suspects? Criminology & Public Policy, 19(1), 361-361. doi:10.1111/1745-9133.12483

Jim Crow Laws. (2018, February 28). Retrieved October 11, 2020, from https://www.history.com/topics/early-20th-century-us/jim-crow-laws

The Journal of Blacks in Higher Education. (2009). Retrieved October 11, 2020, from https://www.jbhe.com/news_views/64_degrees.html

Lehrer …, E. (2019, November 9). The Left’s Prison Complex: The case against the case against jail. Retrieved October 11, 2020, from https://www.heritage.org/commentary/the-lefts-prison-complex-the-case-against-the-case-against-jail

McWhorter, W. (2020, June 16). Racist Police Violence Reconsidered. Retrieved October 11, 2020, from https://quillette.com/2020/06/11/racist-police-violence-reconsidered/

Richards, M. (2019, November 25). The Myth Of An Epidemic Of Racist Police Shootings Is Wrong, And Dangerous. Retrieved October 11, 2020, from https://dailycaller.com/2019/11/24/epidemic-racist-police-shootings/

Spakovsky, H. V. (2018, September 20). Racial Discrimination at Harvard University and America’s “Elite” Institutions. Retrieved October 11, 2020, from https://www.heritage.org/education/report/racial-discrimination-harvard-university-and-americas-elite-institutions

Table 15. Life expectancy at birth, at age 65, and at age 75, by sex, race, and Hispanic origin: United States, selected years 1900–2016. (2017). Retrieved October 11, 2020, from https://www.cdc.gov/nchs/data/hus/2017/015.pdf?fbclid=IwAR031hJmm3QnhA6sscZ5-w5OuOrGQD0IBCTOd6mSe5SAazENUNu5sW2PWvg

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No Reason Magazine, Libertarians Should NOT Support Cuties

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Writing for Reason Magazine, author Jacob Sullum has published two articles in defense of Netflix’s controversial film Cuties. Despite the fact that free speech includes speech that is disgusting or distasteful, a review of Cuties’ content reveals that any attempt to defend it is equivalent to defending the filming of an actual murder in an effort to teach viewers that murder is wrong.

Hashtags: #Cuties #CancelNetflix #Reason #Libertarianism #FreeSpeech #FirstAmendment #Netflix

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Contrary to What Ted Cruz Thinks, Prepubescent Twerking Does Not Make Cuties Illegal
Cuties and Its Critics Both Decry the Sexualization of Children

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https://www.justice.gov/criminal-ceos/citizens-guide-us-federal-law-child-pornography

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Disarm Police? The Gun Control Argument No One is Making

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In light of the deaths of George Floyd and Rayshard Brooks, protests have spread across the nation calling to #DefundPolice. However, mysteriously, no one is calling to disarm the police? Shouldn’t this be the preferred course of action, since it is what the same progressives call for every time there is a mass shooting in America? The current protests are revealing an underlying truth about progressive goals that everyone needs to recognize.

Hashtags: #GunControl #PoliceBrutality #RayshardBrooks #GeorgeFloyd #BLM #Protests2020

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What Trump Should Do about Twitter Censorship (2 Day with 2 Cents Podcast)

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President Donald Trump was subjected to “fact-checking” and censorship on Twitter this past week. As a result, he’s signed an executive order targeting Twitter’s Section 230 protections such that they may not censor political speech they disagree with. However, whatever his intentions, government efforts to regulate social media platforms will only lead to even more powerful social media platforms with de facto state enforced monopolies. Join My 2 Cents as I discuss on the 2 Day with 2 Cents Podcast!

The weekly hottie this week is Cassidy Coles.

Hashtags: #DonaldTrump #TwitterFactCheck #Censorship #FreeMarkets #Monopolies #BigTech #BigTechCensorship #SiliconValley

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References

Read the full executive order about social media companies that President Trump signed. (2020, May 28). Retrieved May 30, 2020, from https://www.businessinsider.com/full-text-donald-trump-executive-order-on-social-media-2020-5.

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Biden’s Upcoming Economic Narrative (2 Day with 2 Cents Podcast)

/ My 2 Cents / Leave a comment

 

In this edition of the 2 Day with 2 Cents podcast, I discuss Joe Biden’s ascendancy as the Democratic Party’s front runner for 2020 in light of the stock market’s tumbling as the coronavirus continues to spread worldwide. Many right-wing commentators are saying that a Biden presidency isn’t nearly as much of a threat as a Sanders presidency, but I have my doubts.

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Hashtags: #Biden2020 #COVID19 #StockMarketCrash2020 #BidenForPresident #Biden #EconomicCrisis

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References

Fitzgerald, M. (2020, February 28). Global stock markets have lost $6 trillion in value in six days. Retrieved from https://www.cnbc.com/2020/02/28/global-stock-markets-have-lost-6-trillion-in-value-in-six-days.html

Haberman, M., & Karni, A. (2020, March 4). The Coronavirus. The Stock Market. Now Biden’s Comeback Adds to Trump’s Bad Week. Retrieved from https://www.nytimes.com/2020/03/04/us/politics/trump-coronavirus-stock-market-biden.html

Rob, G. (2020, March 5). Fed expected to continue cutting interest rates, beginning as soon as later this month. Retrieved from https://www.marketwatch.com/story/fed-expected-to-continue-cutting-interest-rates-beginning-as-soon-as-later-this-month-2020-03-05

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The ONLY Way to Improve the Economy

/ My 2 Cents / Leave a comment
As the 2020 election season approaches, a whole new slew of campaign ads have become available rehashing the same talking points that every politician uses to get elected. Promises of better education, healthcare, higher wages, lower costs, and overall greater economic prosperity for everyone. However, a little basic economics reveals that there is truly only one way to achieve overall greater wealth for everyone.

Hashtags: #Economics #Election2020 #CampaignAds

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The Coronavirus and the Austrian Business Cycle (2 Day with 2 Cents Podcast)

/ My 2 Cents / Leave a comment

The #CoronavirusOutbreak has been sensationalized across the media. With entire regions of China shutdown, global markets are preparing for widespread downturn. However, it occurs to me that this supposed epidemic has come about at a time that the U.S. Government and Federal Reserve might have motive to create global uncertainty. Listen to my thoughts on this new edition of the 2 Day with 2 Cents Podcast!

Hashtags: #AustrianBusinessCycle #2DayWith2Cents #CurrentEvents #Coronavirus #Economics

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References

2019 Novel Coronavirus (2019-nCoV) Situation Summary. (2020, January 31). Retrieved from https://www.cdc.gov/coronavirus/2019-nCoV/summary.html#risk-assessment

Daurat, C. (2020, January 31). The Coronavirus Is Infecting the Global Economy. Here’s How. Retrieved from https://www.bloomberg.com/news/articles/2020-01-31/the-global-economy-is-getting-infected-by-the-virus

Foster, S. (2020, January 31). The Repo Market, Explained – And Why The Fed Is Pumping Billions Into It. Retrieved from https://www.bankrate.com/banking/federal-reserve/why-the-fed-pumps-billions-into-repo-market/

Mendell, E. (2020, January 30). Coronavirus Triggers Damage Control From Governments, Companies. Retrieved from https://www.wsj.com/articles/coronavirus-triggers-damage-control-from-governments-companies-11580396657

Smith-Schoenwalder, C. (2020, January 30). Why the Flu Is Still a Bigger Threat to Americans Than Coronavirus. Retrieved from https://www.usnews.com/news/health-news/articles/2020-01-30/why-the-flu-is-a-bigger-threat-to-the-us-than-coronavirus

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Does Dave Cullen Understand the Free Market?

/ My 2 Cents / Leave a comment

Dave Cullen, of the YouTube channel Computing Forever, recently published a video titled “Start Your Own Planet!” In it, it appears that Dave is seeking to prove that the free market is insufficient to protect us from private monopolies that may one day leave us destitute and unable to obtain the necessities of life. However, like all those that speak out against private monopolies, Dave has neglected the fact that these monopolies only have the power they do because of government in the first place. Giving more power to government can only make the problem worse.

Hashtags: #FreeMarkets #DaveCullen #ComputingForever #Monopolies #SocialMedia #Censorship #Banks #Government

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References

ABA Pushes Back on White House Claims about Reg Burden. (2019, May 14). Retrieved from https://bankingjournal.aba.com/2016/08/aba-pushes-back-on-white-house-claims-about-reg-burden/

Bajpai, P. (2019, December 4). Countries Where Bitcoin Is Legal & Illegal (DISH, OTSK). Retrieved from https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

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