A justified distrust towards economic theory has arisen due to the disarray of Keynesian economics, the mystifying artificiality of econometrics, the dismal record of predictions by "professional" economists, economic illiteracy, and common politicization of economic interests.

RT @emmanuelokware_: Grow up if you still can’t distinguish ❌ from ✅

Grow up if you still can’t distinguish ❌ from ✅

RT @JustinHavens10: @emmanuelokware_ I suspect the peak for payroll taxes is relatively further right than income taxes due to the way it i….

Views?.

RT @emmanuelokware_: An example of ‘one-stage-thinking’ is the view that very low wages indicate poverty and so by outlawing wage rates bel….

An example of ‘one-stage-thinking’ is the view that very low wages indicate poverty and so by outlawing wage rates below a certain threshold, poverty would be reduced. Beyond there, it is not a must that employers will hire all who were formally employed below the minimum.

RT @jbhearn: And reducing tax rates to raise revenue.

RT @sfliberty: Poverty exists everywhere. The difference lies in which system gives people a real chance to rise. Milton Friedman explains….

RT @PerBylund: “In many cases rent control appears to be the most efficient technique presently known to destroy a city--except for bombing….

RT @TIMGOLDFINCH: For historical context The BBA Mortgage rate is ~7% less than 2% off its all time high (1998).All who think a 0.25 % cut….

RT @emmanuelokware_: Is the common Central Banks bias of macroeconomic policy in both the medium and long term a matter of being ‘bank of g….

Is the common Central Banks bias of macroeconomic policy in both the medium and long term a matter of being ‘bank of government’ or are they factually independent?.

RT @MaxUtilitarian: @emmanuelokware_ Excellent, short thread!.👏👏👏.

RT @emmanuelokware_: Promoting economic growth is less mentioned as a means to promote economic equality than murky progressive taxation al….

RT @jbhearn: A day of headlines about tax rises required to fill a £50billion Black Hole. Just a reminder that the Black Hole has doubled….

Promoting economic growth is less mentioned as a means to promote economic equality than murky progressive taxation all through to wealth taxation. Contrary to redistribution depressing economic activity, a prosperous economy expands the opportunities available to the poorest.

RT @jbhearn: Tend toward is important.

RT @HooverInst: President @JMilei tells Hoover Senior Fellow @NFergus that his ambition is to make Argentina "the world's freest country."….

This will not work, it will instead create government aided monopolies as it will provide all those unfairly and in ways that limit competition necessary for innovation and technological advancement in that regard.

RT @likeuson: @emmanuelokware_ @jbhearn Quite so. Perhaps you could have a word in the ear of Rachael Reeves, UK Chancellor. This is someth….