Economics and Government

Topics related to economics and government.
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Government interference with the market never works out as intended

Anti-trust failures extend far beyond blocking the JetBlue-Spirit merger, which achieved the exact opposite of its stated goals of lowering prices and fostering competition. Unfortunately, this is not an isolated case. The FTC has targeted companies for offering bulk...See more

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Elon Musk proposes a universal advanced income, as he assumes that AI and robotics will generate so much wealth that everyone could live like a wealthy person without actually having to...See more

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Just ran into an Indian on X who called the US economy "fake"

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Robert Bosch explained it perfectly: he didn't pay high wages because he was rich, he was rich because he paid high wages! The foundation of Capitalism - Das Fundament des Kapitalismus!

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Good financial advice! https://www.youtube.com/shorts/LUuOHBXTLl4 Though seriously, I have no idea how he has to pay $3000 per month 🤔 I usually bought my cars second hand - typically 2 year old BMWs at about 40% off the price of the new model. The only time I bought a new BMW was with 15% off. That cost me $50K. Leasing cost me around 400 CHF per month, insurance around $2K per year. So $5800 per year. After 5 years, I had paid off over $30K and just had to add $20K and the car was mine.

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I know the economic principles that show that tariffs are harmful etc. But that supposed that all people and countries are of equal value. Canada is going down the drain, their government is fascist & Patty of the great reset, so f*k Canada - at this point, if tariffs protect US workers, I’m all for tariffs! https://x.com/ericldaugh/status/2024649749459026420

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Topics related to economics and government.