@elonmusk, @grok and I think you'd like this first-principles reset of economics—like Newton gave to physics. It breaks everything down to 7 exhaustive action types that change 'Raw Net Worth' (assets - liabilities, heterogeneous—no prices or assumptions). Production is the ONLY way to grow aggregate real wealth; consumption aside, everything else is zero-sum claim-shuffling. Like momentum conservation: any macro theory violating it is broken. grok says it's very you. Worth 4 min read: economics21st.com/p/the-7-ec…
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Economics In One Lesson in the 21st Century retweeted
A mother was referred to Prevent and visited by police at home because of her visit to Israel and her interest in“Jewish issues”. In yet another shocking case, Holly Passmore, a mother of two from County Durham, was visited at home last July by two plain-clothes police officers who wanted to know why she had recently travelled to Israel. The officers told Ms Passmore, who cares for her severely autistic nine-year-old son, that it was a “safeguarding issue”. A police intelligence report seen by The Telegraph reveals that the referral said she “over-identified with the conflict between Israel and Palestine” and was “supportive of Israel to the point that she has travelled to Israel”. It also described her as having “MH” — meaning mental health — issues and being “vulnerable to negative influence”. Three days after the visit, Ms Passmore lodged a complaint. Two more officers, including a superintendent, then came to her home. “They said that, clearly, I’m not a terrorist,” she recalled, explaining that they were keen to reassure her that police did not consider her a threat or an extremist. “I thought that was strange at the time. You don’t usually end up with a superintendent on your couch.” Ms Passmore’s concerns deepened when she discovered that her NHS records had been updated to describe her as a “vulnerable adult”, before later being changed to say she was no longer vulnerable. It is now even more clear that Prevent is being weaponised by activists to silence people for their lawful and legitimate views. These vexatious complaints also waste police time and resources. Enough is enough. Read more in @Telegraph 👇
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Economics In One Lesson in the 21st Century retweeted
The best reason to read ancient history isn't to memorize dates. It is to realize that human nature hasn't changed at all. The arrogance, jealousy, power struggles, and public anxiety we experience on screens today were all documented thousands of years ago.
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Economics In One Lesson in the 21st Century retweeted
Only the BBC could devise a funding model where the solution to people not watching your programmes is to charge them for watching somebody else's. Under this logic, every time I order a Domino's, I should send Pizza Hut £2.50 to support the future of British pizza.
🚨 NEW: The Government is planning to extend the licence fee to online platforms such as Netflix, Disney+ and Amazon
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Economics In One Lesson in the 21st Century retweeted
Today, following denials of such from it last year and into the early part of this year, the Home Office have confirmed to us in writing that they were “engaged with Operation Talla in relation to policy alignment, information sharing and strategic coordination during the pandemic.” For a long time, the constitutional position presented to us by the Home Office was that policing remained operationally independent of Government and able to make decisions free from political influence. We challenged the Home Office on the issue, placing before it primary official documentary evidence to the contrary. Now, at last, we have the Home Office confirming direct engagement with the national Covid policing structure in three specific areas: • policy alignment; • information sharing; • strategic coordination. That means the real question can no longer be avoided: What, precisely, was being aligned, what information was being shared, what was being strategically coordinated and where was the boundary between Government involvement and independent operational policing actually drawn?
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Too many people are forgetting the importance of freedom of speech. They're going to regret it, and so are the rest of us. 🙁
I know several former Soviet dissidents, such as Edward Lozansky, who moved to the United States, where he worked with former American presidents. Lozansky asked me if I could produce some recorded online lectures on geoeconomics. I asked my university here in Norway, but they were opposed to the idea because it could cause a lot of problems. I told Lozansky that I could not contribute, as recording online lectures for an American-Russian university established to improve relations between Russia and the West would give Norwegian journalists too much ammunition for smears and to threaten the reputation of my university. What is the purpose of articles like this? What exactly have they managed to catch me out on? This is a continuation of six years of intimidation since I returned to Norway. Always go after the person, never the argument. Make life as difficult as possible for your opponent, and do it publicly, so that everyone stays in line. My great crime is arguing that Russia considers NATO expansion an existential threat, something that should be entirely uncontroversial given the extensive documentation supporting this position. Why do I believe it is important to acknowledge this? Russia will use force to push NATO back, and for Ukraine, this means that without a diplomatic solution that takes Russian security concerns into account, Russia will seize strategically important territory and destroy the remaining infrastructure so that Ukraine cannot be used by NATO as a front line. If I am right, NATO's policies will lead to the destruction of Ukraine and potentially to a nuclear war between NATO and Russia. It is not easy to determine whether I am right, because debate in Norway has been criminalized by labelling dissenting voices as “Russian propaganda.” Unfortunately, arguments and evidence no longer matter in Norway today, where we are only allowed to discuss the supposed evil intentions of those who disagree with us. The freedom of academic discourse must be restricted because all dissent is dismissed as an attempt to “legitimize” the enemy. In the past, we had journalists who discussed the security concerns of the opposing side. Today, we have journalists who investigate those who discuss the security concerns of the opposing side. How can we improve our own security in Norway when we are not even allowed to discuss the security concerns of Russia, China, Iran, and other countries of that kind? When acceptable debate is reduced to a narrative of a struggle between good and evil, weapons become the path to peace, while diplomacy and mutual understanding are portrayed as weakness and betrayal. The punishment for academic dissent in Norway is endless personal attacks and derogatory name-calling. Journalists and NGOs affiliated with the state repeatedly contact my employer. Every time I am invited to give a talk, the event is cancelled. Journalists only email me to demand that I respond to accusations without providing any serious justification for them. Journalists investigating me in search of something they can use against me recently gained access to my university records. The only thing they had to use against me was that I had asked about producing some online lectures for Lozansky on political economy. Other recent articles about me have focused on my request to reduce my position at the university to 80% after journalists complained about my outside activities, as well as fake news claiming that I congratulated Putin on the election victory. I do not believe it is a coincidence that "An Enemy of the People" was written by one of our own, Henrik Ibsen. Outside Norway, there are academic debates in which opposing arguments are presented without vicious personal attacks. Outside Norway, there is political opposition in which every member of parliament is not required to support arms shipments to a war and boycott diplomacy. Outside Norway, there are diplomats who believe in diplomacy and journalists who believe in journalism. My advice to young Norwegian academics in security studies or political economy who argue for positions that are not supported by the political and media bubble is this: Get out of the country.
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Economics In One Lesson in the 21st Century retweeted
if you pitched a movie plot where every year the top 1,000 supervillains in the world all got together in a swiss town guarded by 3,000 goons in black carrying machine guns and plotted world domination but were so cavalier about their identity that you could literally download lists of their names from the internet, they'd laugh you out of the room. "too obvious!" they'd say. "not remotely believable!" they'd snicker. and if you loaded on "not only that, but they all get together at universities to confess their plans in public" the producers would die of terminal eye rolling. and yet, here we are...
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Economics In One Lesson in the 21st Century retweeted
Does this Government have no shame? The whole process of drafting and implementing the official definition of “anti-Muslim hostility” stinks. First, Angela Rayner appointed five people to the Working Group tasked with drafting the definition. All had previously expressed support for the need for a definition, and all had troubling links to Islamist organisations. Second, the Ministry of Housing, Communities and Local Government said it had deleted all responses to the Working Group’s consultation. That appeared to contradict the Government’s own data policy and has only fuelled speculation that Islamist extremists may have had an opportunity to influence the process. Third, the Ministry has now admitted that it did not delete the responses after all: they still exist on the department’s data system. What on earth is going on? It is time for Angela Rayner to come clean with the British public.
Ministers lied when they said the evidence behind their "Islamophobia" definition was deleted. I exposed Labour's cover-up, and they have now been forced to correct the record. It's almost certain extremist groups influenced the definition. I'll keep fighting for the truth.
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Economics In One Lesson in the 21st Century retweeted
The left-wing extremist who is accused of murdering my colleague Ann Widdecombe and targeting my friend Nigel Farage "held an extreme left-wing mindset". Now ask yourself: Where is the big national debate about left-wing extremism? Where are the BBC documentaries and podcasts about left-wing extremism? Where are the calls to warn children in schools and universities about left-wing extremism? Where are the government 'counter-terror units' stating that if you read, say, Karl Marx or Antonio Gramsci then you are "on a pathway to terror"? Where are the think-tanks producing major research reports on left-wing extremism and its followers? Where are the multi-million pound research grants going to academics who investigate left-wing terror? If it was far-right we all know what would happen. Wall to wall blanket coverage, analysis, and debate. Does anybody else notice the silence?
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Economics In One Lesson in the 21st Century retweeted
I never knew this was how our states got their abbreviations! 😅 This guy is hilarious!! 😂🤣 I was laughing out loud!😂 Enjoy, if you need a laugh!👊🏻😂
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Economics In One Lesson in the 21st Century retweeted
Replying to @SaiKate108
When you understand you understand. But I will give you a hint from a book on psychopaths. “[G]ood people are rarely suspicious: they cannot imagine others doing the things they themselves are incapable of doing; usually they accept the undramatic solution as the correct one, and let matters rest there. Then too, the normal are inclined to visualize the [psychopath] as one who’s as monstrous in appearance as he is in mind, which is about as far from the truth as one could well get…. These monsters of real life usually looked and behaved in a more normal manner than their actually normal brothers and sisters; they presented a more convincing picture of virtue than virtue presented of itself—just as the wax rosebud or the plastic peach seemed more perfect to the eye, more what the mind thought a rosebud or a peach should be, than the imperfect original from which it had been modelled.” —William March, The Bad Seed
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Economics In One Lesson in the 21st Century retweeted
A lot of people are saying the same thing. ⬇️
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Well, that was wild. I'm at the Australian Parliament and just left a meeting with two staffers for the governing party. They told us that the government needed more power to censor things like the upcoming US execution of Nidal Hasan. When I asked why they needed to censor that video, one said it was to prevent copycat killings. Copycat killings by governments? I asked. Er, no, they said. Copycat killings like of a backpacker, several decades ago. So, under that logic, I pointed out, the government should censor things like last year's Bondi massacre, where two Muslims killed 15 people, no? Well, that was news, they said. Didn't they realize their bill would allow the government to censor news? They didn't seem to know, or care. They also admitted that they did not know that the bill would allow the government to create and operate an unlimited number of fake social media accounts to attack its political enemies and spread disinformation. Having presented them with information they had never heard about a bill they had clearly not read, they emphasized to us, strenuously, that they were moving forward with the bill. So there you have it. The government wants the power to arbitrarily censor scenes of violent crime, or violence, for any reason. And it wants the power to use an unlimited number of fake accounts to wage offensive disinformational warfare against the Australian people. Given that the Bondi massacre last year increased public opposition to mass migration, and support for the populist One Nation Party, it seems obvious that the government wants to censor such events in order to protect its political power. It's quite telling how obediently governing party members insist such a law is needed without even knowing what's in it.
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Economics In One Lesson in the 21st Century retweeted
Replacing physical door keys with smartphone apps in an independent living building isn't "modernization." It’s negligence masquerading as tech innovation. My 84-year-old grandmother lives in an apartment complex where mostly retirees reside. Two months ago, corporate ownership bought the property and swapped every single deadbolt for a "smart access" digital lock system. No more brass keys. You have to open an app, connect via Bluetooth, and swipe to unlock your front door. Last Thursday, she walked down to the lobby at 7:30 PM to grab her mail in her slippers. Her phone died in her cardigan pocket. She got back to her door and was locked out in the hallway. She walked down to the front desk. The office closed at 5:00 PM. She picked up the emergency wall phone. The automated recording said: "To report a maintenance lockout, please submit a ticket through the Resident Connect portal or wait until regular business hours." An 84-year-old woman sat on a carpeted hallway floor for three and a half hours until a neighbor coming home from a late shift spotted her. Human civilization spent four thousand years perfecting the brass key a piece of notched metal that works in an ice storm, requires zero electricity, never needs a software update, and never runs out of battery. We replaced it with a digital failure point so an out-of-state landlord could save thirty dollars on a locksmith. Why are we allowing basic physical shelters to become dependent on apps?
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Economics In One Lesson in the 21st Century retweeted
Am I going off my flipping head here? Surely I've got this wrong. They are letting out 650 convicted criminals today.650 men that have been found guilty by juries or judges. And yet,they are keeping Danny Tommo @RealDannyTommo in until march at the earliest.And he has not been convicted of anything?He hasn't even had a trial yet. This government are turning this country into a police state.They are using the courts,the police and the prisons to silence opposition.
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Economics In One Lesson in the 21st Century retweeted
Now the truth finally comes out that the state of New York wants the Amish people‘s properties and land so they can build their data centers. How disgusting 🤮  The Amish of Central New York told the seditious Governor Kathy Hochul they would pack up, abandon their farms and leave if the Governor tried forcing vaccines on their children. The Governor fined them over $100,000 and demanded they comply anyway. When the Amish decided to fight back, taking the wicked Governor to court, Hochul's minion Senator Fahy drew up even more legislation to pressure them to leave, attacking their children again, this time through an anti-homeschooling bill. Tens of thousands of acres of cleared Amish farmland are at stake. The Amish have spent decades clearing their land by hand and horse. The hard work has been done. But if the Governor has her way, the Amish will be forced to sell that cleared land to the solar farms and data centers knocking on the doors for it. Who will help the Amish stand up to this maniacal Governor? We need to expose this on social media and we need to get the right people involved to represent the Amish and help them fight This evil demonic power and control of New York. 
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Economics In One Lesson in the 21st Century retweeted
Two of the most persistent misconceptions about socialism are that it favors the poor and that it favors the working class. Socialism favors the political class, which decides who receives favors and who pays for them. That may mean subsidizing the poor, rewarding the rich, or protecting politically favored businesses in the name of prosperity. Capitalism rewards productive work by allowing individuals to own what they produce and exchange it voluntarily. Socialism subordinates that work to political objectives, using producers and their earnings to fulfill promises politicians make to others.
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WHO IS HOLDING SENIOR POLICE LEADERSHIP TO ACCOUNT? Former PCSO Luke Salmons questioned Islam during diversity training. He was suspended, investigated, found guilty of gross misconduct and barred from policing. His appeal overturned that finding. He has now reached a confidential settlement with North Yorkshire Police. Let that sink in. I’m a retired police sergeant. I know the importance of impartiality, professional standards and public trust. Police officers must police without fear or favour. They should not be expected to accept a political narrative simply because it comes from senior management or an external training provider. Diversity training should improve policing, not become a test of approved opinions. Who decides what officers are allowed to question? Who holds senior officers accountable when disciplinary decisions go wrong? And how much time and public money is being spent on training that does not help officers catch criminals or protect victims? This isn’t about attacking any religion or community. It’s about fairness, freedom to ask legitimate questions and the impartiality of our police. The public deserves answers. Policing must be about serving the public, not enforcing an ideology.
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This sounds like it should be criminal.
Got hit with a sudden $4,100 emergency room bill after an allergic reaction last month. Called the hospital billing department to request an itemized statement before paying. The representative said: "Sure, we can send that, but your account is currently coded under our self-pay hardship rate." Two days later, the itemized bill arrived in the mail. The total was suddenly $9,800. I called back confused. The rep said: "Requesting an itemized review removes the automatic self-pay discount. You are now billed at our standard chargemaster rate." A $5,700 penalty just for asking to see what I was being charged for. Medical billing isn't pricing. It’s a legal extortion racket where transparency costs you extra.
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Economics In One Lesson in the 21st Century retweeted
Restore Britain opposes the mandatory fortification of flour with synthetic folic acid. Food should be left as natural as possible. This petition is about to hit 100k, and that will allow me to speak in Parliament opposing it. Please sign/share. petition.parliament.uk/petit…
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