Independent Institute
@IndependentInst
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Public policy research and education boldly advancing peaceful, prosperous, and free societies grounded in a commitment to human worth and dignity.
Oakland, CA
Joined February 2009
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Pinned Tweet
In the updated edition of his groundbreaking work Priceless: Curing the Healthcare Crisis, healthcare economist
@drjohncgoodman
analyzes the ongoing healthcare fiasco, including the failed promises of Obamacare & offers bold solutions. Pre-order now 👇
3
8
37
When
@Project_Veritas
founder
@JamesOKeefeIII
went to buy a shotgun last August, an FBI background check barred him from completing the purchase. This incident does tell us that more people need to understand NICS’ imperfections and its stated purpose.
#2A
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632
The Great Barrington Declaration was based on the one necessary fact about COVID: the old have a more than thousand-fold higher risk of death than our youth. Also at risk? The immune-compromised. No need for lockdowns, then.
@MartinKulldorff
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630
The dispute between Sen.
@RandPaul
and Anthony Fauci about the Wuhan Institute of Virology’s role in the Covid-19 pandemic gets to the heart of economic policy.
@caseybmulligan
108
153
511
No doubt you’ve heard that “97% of all climate scientists agree” that
#climatechange
is real, will be devastating to life on earth, and is largely or entirely due to human emissions of greenhouse gases.
Problem is, the “𝟗𝟕%” is pure fiction.
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Public-health officials ruined many lives by insisting that workers with natural immunity to Covid-19 be fired if they weren’t vaccinated. After two years of accruing data, the superiority of natural immunity over vaccinated immunity is clear.
@MartyMakary
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129
356
Groundbreaking report reveals high-tech cameras FAIL to catch criminals or recover stolen vehicles . . . but stick taxpayers with the bill.
Read more >>>
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1619? 1776? How About a “490 B.C. Project”?
A new report, published by
@IndependentInst
, uncovers a far deeper problem: inadequate instruction in the foundation of the humanities and the Greco-Roman civilization that gave birth to them.
READ THE REPORT:
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Trump's right to question why
#SocialSecurity
benefits are taxed. The system punishes working seniors with higher tax rates than younger workers. Reform is needed to stop this unfair penalty.
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Based on her bestselling book, Justice on Trial,
@MZHemingway
will reveal the true story of what really happened during the Kavanaugh confirmation, based on exclusive interviews of more than 100 people. Get your tickets here👉
#IIEvents
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California needs a multi-pronged approach that emphasizes improved
#wildfire
prevention and decentralized authority to act.
@Econ_Doc
shares recommendations for improved wildfire safety in this
@CAGoldenFleece
report:
California has warmed approximately 3°F over the last century according to the EPA. If you think that's why wildfires have been more damaging this year, rather than our idiot policymakers letting tinder build up for decades, it's because you want to be deceived.
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28K
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Dr. Fauci’s refusal to comment on nursing home deaths in New York, a state whose pandemic response he praised, reveals Fauci as a political partisan.
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Nobel laureate Joseph Stiglitz accuses free-market economists of fostering "fascism," yet his own past shows him cozying up to authoritarian regimes like
#Venezuela
's Chavez. Time for some self-reflection?
@philwmagness
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Virginia’s Winsome Sears, the Rittenhouse Trial, and COP26 in Glasgow.
Join us LIVE for the
#IndependentOutlook
discussion on November 17th, 2021 at 3 PM PDT.
#Rittenhouse
#COP26
#ClimateCrisis
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.
@MZHemingway
: Supreme Court nominations and the Senate’s advice-and-consent responsibilities have become increasingly politicized over the past 30 years.
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Your
#freespeech
rights change depending on where you're protesting.
@ScottAtlas_IT
&
@pnjaban
cover the private vs. public divide when it comes to your rights.
5
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How did Donald Trump become the president who shut down American society over a manageable respiratory virus?
@jeffreyatucker
reviews the timeline of this mystery and offers some well-founded speculations about what happened in
@brownstoneinst
>>>
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Is Social Justice Just? out NOW!
With a foreword by
@jordanbpeterson
, a preface by Nicholas Rescher, and a collection of essays by some of the best and brightest scholars of our time, Is Social Justice Just? is a timely and urgent work.
Read it, and you will begin to
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There is a saying that goes something like this: When the people of a nation are starving, they have just one problem, but when the people of that nation become rich, they have a million problems. That is the premise of
@RadioFreeTom
’s book linked below.
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For all his undeniable political prowess,
#FDR
prolonged the depression and fastened on the country a bloated, intrusive government that has been trampling on the people’s liberties ever since.
#RobertHiggs
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Our event 'From Crisis to Opportunity' on Capitol Hill was a success!🎉 Thank you to
@SenRandPaul
,
@ScottAtlas_IT
, and
@james_tooley
for a lively discussion about the Covid lockdowns and the future of educational freedom in the West.👏🙌
#IIEvents
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Join us on Tuesday, November 23, 2021 at 12 PM Pacific for this exclusive virtual event with
@MZHemingway
, Senior Editor at
@FDRLST
and author of Rigged.
REGISTER here >>
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One of the most forceful and thoughtful defenders of a
#freesociety
. Walter Williams, R.I.P.
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The Open Letter to
#SuspendAB5
calls for the immediate suspension of the law, which prevents individuals from working part-time in a variety of indispensable positions, especially during the
#CoronaCrisis
.
Read the letter and list of signatories here:
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Kamala Harris' left-leaning healthcare stance raises concerns about the FDA under her presidency, given past issues and potential changes.
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"The money that the Fed has been spending to buy government-backed debt has just been to bail out the government." Senior fellow
@judyshel
talkes to
@JoeSquawk
@SquawkCNBC
about Fed spending.
3
30
75
California needs to reform its approach to
#wildfire
management. Our
@CAGoldenFleece
report details the many preventive measures that can be implemented or expanded that would reduce the probability and severity of
#CaliforniaWildfires
.
9
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Socialism has never worked.
In 1950, Venezuela was the 4th richest country in the world per capita.
Then socialism happened.
Today, its citizens are fighting for their lives and eating out the trash.
Do you know who isn't starving? The socialist leadership. They never do.
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2K
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"How the Federal Reserve Destroyed the US Economy" Senior Fellow,
@steve_hanke
, and Caleb Hofmann's Op-Ed in
@DailyCaller
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When plunder has become a way of life for a group of people living together in society, they create for themselves in the course of time a legal system that authorizes it, and a moral code that glorifies it.
— Frédéric Bastiat
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A passionate and articulate defender of free markets. Happy Birthday, Milton Friedman!
2
25
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Happy Birthday to our friend at
@AIER
,
@jeffreyatucker
! Thank you for being a fierce defender of liberty and freedom.
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“Low-income people rightly see greener pastures in other states because of California’s high cost of living, which is fueled by faulty public policies,” says
@econ_doc
.
Read the article by
@AliceSalles
on
@EpochTimes
.
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A key quality-of-life indicator: people move where they believe life is better. In 2022, red states like
#Texas
saw growth, while blue states like
#California
lost residents. These trends may trouble Harris as election season heats up.
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26
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The Christmas truce was a triumph of shared humanity over the ambitions of empire, something worth remembering over 100 years after the fact.
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21
63
The free market philosophy of Chicago Boys was a direct successor of classical liberal economics. And in Chile, this philosophy of limited government and free markets was not new.
@AXELKAISER
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23
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Despite lower overall
#inflation
, grocery prices still strain budgets. Kamala Harris's
#pricegouging
plan sounds good, but it risks shortages. Let's address the real causes of inflation instead.
@dr_alexpadilla
@ChandlerReilly
4
17
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Yes, It Was “Real Socialism.” No, We Shouldn’t Try Again.
2
25
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California
#DMV
was making tens of millions of $$ a year by selling personal data. This
#Halloween
, learn more about some scary
#California
state government policies.
@econ_doc
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“There is all the difference in the world between treating people equally and attempting to make them equal.” — Friedrich A. Hayek
1
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For all his undeniable political prowess,
#FDR
prolonged the depression and fastened on the country a bloated, intrusive government that has been trampling on the people’s liberties ever since.
#RobertHiggs
3
14
50
“Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.”
― Ludwig von Mises
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777
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Hayek: A Life, 1899–1950 tells the story of F. A. Hayek’s life from his birth until 1950. t is only right that the greatest liberal of the 20th century now has a worthy biography. Read
@ErwinDekker12
’s review in the new winter issue of
#TIR
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Thomas Piketty is well-known for his work on estimating income and wealth inequality. What if Piketty and his team got the numbers wrong though?
@PhilWMagness
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10
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The
@FederalReserve
holds some $7.3 trillion in assets—an astonishing 1-year growth of $3.2 trillion. The Fed’s balance sheet expansion sets the stage for both price inflation and a major recession after the inflationary bubble bursts. |
@BobMurphyEcon
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This annotated list of recommended reading highlights some of the most insightful critiques of socialism ever written.
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Let's be clear: There has been no coup in Bolivia except the one former Bolivian president Evo Morales tried to engineer.
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#Keynes
’s analysis took hold because it gave many economists what they were looking for: a theoretical rationale for major government intervention to remedy what they regarded as the unreliability of market systems to recover quickly from recessions.
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Argentina’s new president turns up just as America seems to be losing confidence in the virtues of its founding values and democratic capitalism.
@judyshel
3
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Don't force schools to reopen, but don't force families to pay for closed schools either.
If a Walmart doesn't reopen families can take their money elsewhere
If a school doesn't reopen families should be able to take their children's education dollars elsewhere.
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Venezuela’s government has practiced
#socialism
since 1998. The result is an annual inflation rate today of 9,000%, an economy that shrinks 15% annually, crushing
#poverty
, a fleeing population and a socialist president who prohibits outside aid.
@Econ_Doc
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We are thrilled to welcome
@PhilWMagness
as the David J. Theroux Chair in Political Economy. “Phil is a proven intellectual entrepreneur, as David was and will bring new vision in showcasing classical liberal ideas,”
@MaryTheroux1
, Chairman and CEO of the Independent Institute.
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James M. Buchanan’s Enduring Legacy for Limited Government and Individual Liberty
1
10
41
Why? Because the lockdowns didn’t stop the spread of the disease, but did impose appalling social costs: worse mental health, stuttering child development, destroyed businesses, and increased domestic violence—the list goes on.
@steve_hanke
0
15
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Increases in food costs and ozone emissions aren’t the only negative consequences of corn
#ethanol
production: prairies and other wild-lands are disappearing, soil is eroding, groundwater is being depleted and ocean dead zones are expanding
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If
#publicschools
can’t reopen, or aren’t equipped to provide adequate
#onlineeducation
, families shouldn’t be forced to pay for them.
@DeAngelisCorey
0
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Richard K. Vedder critically examines government's extensive involvement in colleges and universities and offers his solutions to the rising costs, mediocre academic performance, and declining payoff of American higher education.
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"Piketty is now calling anyone who refuses to accept his stats an 'inequality denier' and saying it is equivalent to climate denial."
Critics do not deny
#inequality
. They merely want to measure it correctly."
@PhilWMagness
Thomas Piketty is well-known for his work on estimating income and wealth inequality. What if Piketty and his team got the numbers wrong though?
@PhilWMagness
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0
7
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The Fed has long boasted of its status as an “independent government agency” that “doesn’t receive funding through the congressional budgetary process.” Then why is the Treasury about to start underwriting the Fed’s operating expenses?
@JudyShel
8
11
31
Afghanistan: A Poster Child for Foreign-Aid Failure: How U.S. aid dollars fueled corruption in Afghanistan.
@steve_hanke
6
9
31
Mr. Powell and his colleagues should start paying attention to the money supply. Money matters. Indeed, it dominates.
@steve_hanke
1
12
36
"Banks Have Now Become Government-Backed Businesses--Just Look At Silicon Valley Bank"
Senior Fellow
@steve_hanke
and Caleb Hofmann Op-Ed in
@DailyCaller
👇
1
7
34
School Choice Myths, edited by
@DeAngelisCorey
and
@NealMcCluskey
, has few surprises. That said, the book summarizes sound research offering reasoned rebuttals of some of the more notable criticisms of choice.
0
11
35
The
#BillofRights
was intended to inform the ordinary citizens of their rights. Its meaning is not a monopoly of the governmental entities whose powers it was intended to limit. Supporters of
#2A
sanctuaries are only following this historical understanding
0
11
31
Even without any new lending or further purchases of securities by banks, the M2 money supply will grow by nearly 12% this year. That’s twice as fast as its average growth rate from 2000-19. It’s a rate that spells trouble—inflation trouble.
@steve_hanke
4
10
30
If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.
- Noam Chomsky
1
11
32
How China is dominating rare-earth minerals. Prof.
@steve_hanke
recently discussed developments in rare-earth minerals with
@NRO
's
@AStuttaford
. Read here >>
2
19
33
Silicon Valley Bank (SVB) was consumed by its own incompetence, yet the problem it faced was a result of poor monetary policy.
@steve_hanke
and Manuel Hinds discuss
#SVB
’s fall in
@NRO
>>>
3
8
31
Research Fellow,
@PhilWMagness
, discusses the inaccuracies and inconsistencies of the 1619 Project Hulu docuseries in
@reason
Magazine >>>
2
12
28
Contrary to popular perception, the Old West was much more peaceful than American cities are today. The real culture of violence on the frontier during the latter half of the 19th century sprang from the U.S. government’s policies toward the Plains Indians
1
5
33
Fidel Castro died peacefully as an old man. The same cannot be said for the thousands of
#Cubans
who died violently and prematurely at the hands of his regime.
0
20
31
August marks the 50th anniversary of Richard Nixon’s infamous decision to “close the gold window”. In the wake of Nixon’s decision, from early 1972 through early 1979, the dollar lost a cumulative 40% of its value, or 7% per year.
@BobMurphyEcon
0
15
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.
@majtoure
talks
#guncontrol
and more with
@independentinst
’s Mary Theroux at
@TPUSA
. Like several others, he loves our gun books and the latest T.R.M. Howard book.
#blackgunsmatter
#YBLS2018
0
6
25
The problem is that the instruments in the Fed’s toolbox for lifting rates are potentially far more harmful than they once were—and using them is likely to induce major pangs of regret.
@judyshel
2
12
29
Happy Birthday James Madison, Founding Father and the 4th President of the United States.
2
15
28
Frédéric Bastiat was one of the 19th century’s most eloquent defenders of liberty and dignity.
0
11
28
Venezuela’s government has practiced
#socialism
since 1998. The result is an annual inflation rate today of 9,000%, an economy that shrinks 15% annually, crushing
#poverty
, a fleeing population and a socialist president who prohibits outside aid.
@Econ_Doc
0
18
24
The High Cost of Disparaging Natural Immunity to Covid:
#Vaccines
were wasted on those who didn't need them, and people who posed no risk lost jobs.
@MartyMakary
0
1
29
This essay shows that economic agents must face unmitigated uncertainty that under capitalism is either absent or significantly reduced by profit-seeking entrepreneurs. Read
@juanrallo
,
@PhilippBagus
, and Miguel Ángel Alonso Neira’s
#TIR
article👇
0
9
30
Happy Birthday, Walter Williams! 🎉
He was one of the most forceful and thoughtful defenders of a free society whose economic ways of thinking should be better listened to for a better future.
0
12
30
Kenneth Boulding, despite winning a John Bates Clark Medal and publishing three dozen books and at least eight hundred articles, is an underappreciated economist.
@ccoyne1
& Yahya Alshamy examine 3 of his books:
0
10
29
The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.
— Frédéric Bastiat
0
14
29
Don Lavoie, an underappreciated economist who died at the age of 50, made significant contributions to comparative economic systems, philosophy of science, computer science and social theory.
@PeterBoettke
discusses these contributions in the Fall ‘23
#TIR
0
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