My 2 Cents

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Citations:

Hansen, H. (2003, July 22). Denmark: A Case Study in Social Democracy. Retrieved January 20, 2019, from https://mises.org/library/denmark-case-study-social-democracy

Heritage Foundation. (2018, February 2). 2018 Index of Economic Freedom. Retrieved January 20, 2019, from https://www.heritage.org/international-economies/commentary/2018-index-economic-freedom

Kristof, N. (2008, December 20). Bleeding Heart Tightwads. The New York Times. Retrieved from https://www.nytimes.com/2008/12/21/opinion/21kristof.html

Sowell, T. (2014). Basic Economics. New York: Basic Books.

Von Mises, L. (1998 [1949]). Human Action: A Treatise on Economics. Auburn, AL: The Ludwig von Mises Institute. Retrieved from https://mises.org/sites/default/files/Human%20Action_3.pdf

What Amazon does to wages. (2018, January 20). Retrieved January 20, 2019, from https://www.economist.com/united-states/2018/01/20/what-amazon-does-to-wages
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Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

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Robert Reich: The Big Economic Hoax

January 17, 2019January 17, 2019 / My 2 Cents / Leave a comment

Robert Reich of Inequality Media would like you to believe that the reason the national debt is growing is because the rich aren’t paying their fair share of taxes. Not only is Reich ignorant of Hauser’s Law and the other realities pertaining to how much the government can hope to collect in tax revenues, but he also seems ignorant of the fact that under the Federal Reserve system, the government literally has to keep going into debt.

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Citations:

Mike Maloney’s Hidden Secrets of Money Episode 4: The Federal Reserve: The Biggest Scam in the History of Mankind:

Syrios, A. (2015, November 23). The Good Ol’ Days: When Tax Rates Were 90 Percent | Andrew Syrios. Retrieved January 15, 2019, from https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent

Why Tax Cuts and Tax Hikes are Fundamentally the Same by My 2 Cents: https://my2centsvideos.com/2018/11/19/why-tax-cuts-and-tax-hikes-are-fundamentally-the-same/
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2 Day with 2 Cents LIVE (Jan 5, 2019)

January 7, 2019January 7, 2019 / My 2 Cents / Leave a comment

This week’s episode will be a live broadcast, discussing current events to include the continuing government shutdown, Elizabeth Warren, Alexandria Ocasio-Cortez, and predictions about the economy for 2019.

Remember, 2 Day with 2 Cents will become a permanent live show at the end of the month if we don’t reach the $200 a month goal so if you’re able, please consider donating:

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The Case for Anarcho-Communism Debunked (w/ Nightshift10000)

December 20, 2018December 20, 2018 / My 2 Cents / 1 Comment

Joined again by my elite level patron Nightshift10000, we review a video called “The Case for Anarchist Communism” from the channel Christopher Szabo. Anarcho-Communism is and ideological oxymoron. In such a society, if an individual decided to create a commodity and sell it for a profit, other members of the collective could either use force to stop him or not use force to stop him. If the former, the society is not an anarchy. If the latter, it is not a communist society.

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Citations:

Avrich, P., & Miller, M. A. (2018, December 17). Peter Alekseyevich Kropotkin. Retrieved December 19, 2018, from https://www.britannica.com/biography/Peter-Alekseyevich-Kropotkin

Von Mises, L. (1949). Human Action. Auburn, AL: Ludwig Von Mises Institute.
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Ocasio-Cortez “Grand Vision” DEBUNKED

November 9, 2018November 9, 2018 / My 2 Cents / 1 Comment

A few weeks ago, Alexandria Ocasio-Cortez spoke with Cenk Uygur of The Young Turks about her plan for America and the Justice Democrats upon her election. New York did indeed elect her on November 6th, but myself Nightshift10000 have taken the time to explain yet again why her lofty vision is nothing but long debunked nonsense.

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Why Wealth Inequality is Awesome (Vox Debunked)

October 18, 2018October 18, 2018 / My 2 Cents / Leave a comment

Vox put out a short video explaining how dangerous wealth inequality, and its little brother income inequality, are to society. Putting aside the fact that income inequality decreases the more economically free a country is, people often forget that wealth inequality is a good thing. Wealth inequality is what allows the market to take the luxuries of today and turn them into the necessities of tomorrow.

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Citations/Further Reading:

Economic Freedom Graphs: https://www.flickr.com/photos/shanedk/sets/72157646459874723/

Economic Freedom and Inequality: https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1465-7287.2012.00343.x?deniedAccessCustomisedMessage=&userIsAuthenticated=false&

70% of Lottery Winners Go Bankrupt: https://www.cleveland.com/business/index.ssf/2016/01/why_do_70_percent_of_lottery_w.html

Ludwig von Mises, Economic Freedom and Interventionism (FULL TEXT): https://mises.org/library/economic-freedom-and-interventionism/html

Open Secrets Political Donations List: https://www.opensecrets.org/orgs/list.php?cycle=ALL

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Why Capitalism is Awesome (Non-Compete Debunked)

October 4, 2018October 4, 2018 / My 2 Cents / Leave a comment

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Economic Freedom Graphs: https://www.flickr.com/photos/shanedk/sets/72157646459874723/

The Link Between Lack of Economic Freedom and Wealth Inequality: https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1465-7287.2012.00343.x?deniedAccessCustomisedMessage=&userIsAuthenticated=false&

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Kate Upton Debunks Karl Marx on Class Theory

September 23, 2018September 23, 2018 / My 2 Cents / Leave a comment

What does Kate Upton have to do with Karl Marx’s class theory and class struggle? Well, quite simply, the fact that Kate Upton is a member of Marx’s proletariat and yet a member of the 1% proves that Marx’s theory is wrong.

The Deal with Scandinavian “Socialism”

August 13, 2018August 13, 2018 / My 2 Cents / Leave a comment

Had a discussion with The Red Pill Dragon, MAG, and Nightshift10000 about the ridiculous claim by leftists that the Nordic countries are an example of socialism. In fact, Denmark and Sweden are more economically free than the United States, and the Nordic countries reject many policies that socialists fight for.

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Alexandria Ocasio-Cortez is a Complete IDIOT

August 9, 2018August 9, 2018 / My 2 Cents / Leave a comment

Alexandria O”Commie”o-Cortez has received quite a bit of coverage in the news lately. None the less, she’s just another democratic socialist, espousing ideas that have been soundly debunked for decades.

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