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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. 17thCenturyShytePost‏ @17cShyteposter Aug 13
      • Report Tweet

      17thCenturyShytePost Retweeted Bill Kristol

      This is a strange argument because it seems to be explicitly stating that mass migration is a form of charity provided by successful nations to the people of unsuccessful nations The thing is, charity is by definition voluntary. When it is made involuntary, it becomes malevolenthttps://twitter.com/BillKristol/status/1161274206786641923 …

      17thCenturyShytePost added,

      Bill KristolVerified account @BillKristol
      The closing lines of the "New Colossus," as re-written by Donald Trump: "Give me your rich with fortunes large, Your models yearning to marry me, No one who might--gasp!--be a public charge. Let all our immigrants from privilege be, And the glory of America I hereby discharge." https://twitter.com/atrupar/status/1161253946180165632 …
      1 reply 18 retweets 99 likes
      Show this thread
    2. 17thCenturyShytePost‏ @17cShyteposter Aug 13
      • Report Tweet

      By Andrew Yang's own pro-immigrant figures, the average immigrant contributes (at absolute most, mayb much less) 80% as much taxes as the average native citizen. Even as they consume 170% as much welfare. And this is including all of the immigrant CEO-barons like Musk, Thiel, etc

      4 replies 8 retweets 48 likes
      Show this thread
    3. Jomari Peterson‏ @Jomari_P Aug 13
      • Report Tweet
      Replying to @17cShyteposter @NickSzabo4

      Source

      1 reply 0 retweets 0 likes
    4. 17thCenturyShytePost‏ @17cShyteposter Aug 13
      • Report Tweet
      Replying to @Jomari_P @NickSzabo4

      17thCenturyShytePost Retweeted 17thCenturyShytePost

      The math is right here, I did it myself, and the welfare numbers are easy to look uphttps://twitter.com/17cShyteposter/status/1157521204304941056 …

      17thCenturyShytePost added,

      17thCenturyShytePost @17cShyteposter
      Federal tax revenues alone in 2014 were $3.02 trillion. So despite the fact legal immigrants made up 13+% of the 2014 US population, their total contribution, including state + local, was equivalent to just 10.8% of federal tax revenues? Asian Math Man is a liar. Sad! https://twitter.com/AndrewYang/status/1156740066745696256 …
      Show this thread
      1 reply 0 retweets 0 likes
    5. James Skillen‏ @jahskillen Aug 14
      • Report Tweet
      Replying to @17cShyteposter @Jomari_P @NickSzabo4

      Haven’t you forgotten comparative advantage? Consider Robinson Crusoe & Friday. RC may be better at everything than Friday, and Friday may eat more than he produces, but if by specialising RC becomes more productive, both benefit.

      1 reply 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 Aug 14
      • Report Tweet
      Replying to @jahskillen @17cShyteposter @Jomari_P

      This assumes voluntary transactions. The thread is talking about taxes and welfare.

      12:17 AM - 14 Aug 2019
      • 4 Likes
      • Madam Mike Murray Riding Unicorns to the Moon ₿TC ₿atman [Global FOMOIŁ!⚡]
      1 reply 0 retweets 4 likes
        1. New conversation
        1. James Skillen‏ @jahskillen Aug 14
          • Report Tweet
          Replying to @NickSzabo4 @17cShyteposter @Jomari_P

          How do taxes & welfare change the result? The productivity increase of RC is unknown - if sufficently high it will overcome any negative fiscal contribution from Friday, won’t it? We’re left with the tricky task (given the unknowable counterfactual) of estimating RC’s increase.

          2 replies 0 retweets 0 likes
        2. Nick Szabo  🔑‏ @NickSzabo4 Aug 14
          • Report Tweet
          Replying to @jahskillen @17cShyteposter @Jomari_P

          Friday is stealing from RC, moron. Blocked.

          0 replies 0 retweets 5 likes
          3. End of conversation

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