Sanjeev Sabhlok
@sabhlok
Followers
8K
Following
739
Media
12K
Statuses
48K
Economista. Fighting for liberty & reason. Opposed to febrile, hysterical, disproportionate, totalitarian policies for covid, climate change, trade or whatever.
Melbourne
Joined February 2009
Have lodged my complaint to the International Criminal Court. Final version can be downloaded from here:.
77
172
527
Since morality and "self-ownership" often lead to severe error and society-wide harm, I've added these two to the "social justice" god. Libertarians like Walter Block can become a menace to society because they abjure rationality and determine their society-wide answers on the
I've updated this meme to show how humans are largely rational when it comes to their private life (e.g. buying/ selling goods). Their irrationality operates in the societal space. They choose self-harming policies because of their IGNORANCE OF ECONOMICS (inability to see the
0
1
0
I've updated this meme to show how humans are largely rational when it comes to their private life (e.g. buying/ selling goods). Their irrationality operates in the societal space. They choose self-harming policies because of their IGNORANCE OF ECONOMICS (inability to see the
Economics worships the GOD OF EFFICIENCY. But the world worships many other gods! . The mistake of economists is to think that our god is the only "true" god. We need to accept that the overwhelming majority of humans will remain irrational - the way they were created by nature.
0
0
0
It is difficult to understand who is advising Trump. On tariffs, he's entirely oblivious to opposition from almost all economists. Now, on property (land) taxes, which are among least harmful for economic activity. Further, I assume that property taxes are local and state.
Trump: I want no more property taxes across the United States . #MacroEdge.
0
1
0
The entire story about vaccines is full of lies and embellishments intended to make them sound more important for human health than they actually are. Before going off on a tangent about minor reductions in vaccine uptake, let people ask the STOOGE OF.
@Laura_k_Duffy How many people can't get the measles vaccine. Also while the 95% seems correct, the public health authorities often just lie about herd immunity percentages to boost vaccine mandates, and have lost credibility especially after recently getting caught blatantly lying.
0
1
0
Here's my evaluation of Ayn Rand's arguments re: copyright. AGREE: (1) Copyright must end with the author, (2) optimal duration is intended to pay for work done. DISAGREE: (3) Copyright is NOT a natural right and there is no obligation on the government to enforce it - (4) it
It appears that Mossoff is a follower of Ayn Rand. Her essay on copyright is found in her book, Capitalism. (I read Capitalism first in 1983 at LBSNAA Mussoorie and purchased my own copy in 1998 - I've heavily annotated and marked my copy: a TRULY GREAT BOOK) . Here are her KEY
1
0
1
Any optimism that mankind evolved institutions that increase efficiency needs to be tempered by the harsh reality of continuing socialism (restricted private property rights) in most parts of the world and increasingly strong socialist tendencies in Western nations. The fact
A 2001 paper shows why "distributional" issues can lead to blocking even those property rights changes that will lead to "collective gains". In one word, ENVY.
0
0
1
A 2001 paper shows why "distributional" issues can lead to blocking even those property rights changes that will lead to "collective gains". In one word, ENVY.
I've depicted the main results of property theory in this schematic chart - the trade-off between overall wealth and equality. Socialist societies have EQUALITY OF POVERTY while capitalist societies have no poverty and considerable inequality.
0
0
0
Came across this from a young man, Varun Grover. This is so good it must be etched into the heads of all those who insist that their "god" is the only god. YOUR GOD MADE THE PAGANS! So, how can you hate the pagans? YOUR GOD (IF YOU ARE MUSLIM) MADE THE JEWS. So how can you hate
0
0
0
I have repeatedly shown how NOTHING IS MORE ALIEN TO INDIA'S CULTURE THAN SOCIALISM. India's historical economic prowess owed itself to capitalism in which the king did not dabble in the economic life of the people. But once Nehru bought the socialist ideology, all rationality
0
1
0
THIS LUDDITE THEORY (WHICH ALSO DRIVES THE ARCH COMMUNIST, TRUMP) NEEDS TO BE REFUTED. 1. A $1000 welfare check is better than a $900 paycheck. Throughout history, countries have moved up the value chain as they became more productive (hence, richer). Farmers have moved into
The globalization debate has finally penetrated my thick skull and convinced me it's time to throw out the classical economic analysis I was taught, and that I foolishly taught the students who trusted me with their brain. Classical economics says that in most cases, we should
0
0
0
Here's another way to look at optimal duration of copyright/ patent. The base case (alternative option) is no copyright/patent. in comparison with the base case, I believe that copyright/patent can probably be justified (on average) for two years; no more. This is an empirical
My reading of the US constitution is this:. - this "right" is NOT a property right but a regulatory policy/ grant. - the reason is entirely utilitarian (duration MUST be set which provides a net benefit to society that is greater than net benefit from any alternative option). -
0
0
3
My reading of the US constitution is this:. - this "right" is NOT a property right but a regulatory policy/ grant. - the reason is entirely utilitarian (duration MUST be set which provides a net benefit to society that is greater than net benefit from any alternative option). -
0
0
2
Copyright MUST NOT be heritable. Under my proposal, copyright would expire upon the death of the author. I'm against inheritance tax, but copyright is NOT property in the standard meaning of the term. It is a REGULATORY POLICY with a specific purpose - "To promote the Progress.
Apparently Nehru's books have entered the public domain from 1 January 2025. For 60 years his family received royalties (including from USSR??) EVEN AS HE DESTROYED THE PRIVATE PROPERTY OF MILLIONS OF INDIANS.
0
0
1