Bastiat Society

@bastiatsociety

Promoters of free trade and wealth creation. Because those who work in freedom should know how freedom works.

EducationGreat Barrington, MAaier.org/give-to-aier/Joined January 2011

158 Following

4,792 Followers

Bastiat Society’s Tweets

Bastiat Society

@bastiatsociety

22h

New article from AIER: Economic Growth Makes Graceland Less Impressive

aier.org

Economic Growth Makes Graceland Less Impressive

"The real 'capitalist achievement,' however, isn’t Graceland. It’s the fact that compared to the stuff of the average person’s day-to-day life in 2023, Graceland just isn’t that impressive." ~ Art...

Bastiat Society

@bastiatsociety

23h

New article from AIER: All Housing is Still Affordable Housing: “Seen and Unseen” Edition

aier.org

All Housing is Still Affordable Housing: “Seen and Unseen” Edition

"The unseen cause of gentrification is the knee-jerk NIMBYism of affluent leftist neighborhood associations. And that causes the elimination of almost all affordable housing in the city, quickly."...

Bastiat Society

@bastiatsociety

May 20

New article from AIER: The Greedflation Myth

aier.org

The Greedflation Myth

"Politicians on the left would like us to believe inflation is caused by greedy corporations. And some academics are all too happy to provide them with theoretical cover." ~ William J. Luther

Bastiat Society

@bastiatsociety

May 20

New article from AIER: Three Proposals for Price Stability

aier.org

Three Proposals for Price Stability

"As a 'dark horse' candidate, Ramaswamy has a greater burden of proof before the electorate. He needs to prove his policy proposals are a cut above his rivals’." ~ Alexander W. Salter

Bastiat Society

@bastiatsociety

May 19

New article from AIER: America’s Long Depression

aier.org

America’s Long Depression

"US economy may continue to grow or shrink a few percent from year to year, but it will remain mired in a deep depression compared to what it could have achieved." ~ Robert E. Wright

Bastiat Society

@bastiatsociety

May 19

New article from AIER: Without Economic Freedom, None of the Others Matter

aier.org

Without Economic Freedom, None of the Others Matter

"Forbidding entrepreneurial ventures that have not been granted prior approval and design review by unelected officials is, practically speaking, state ownership of the means of production." ~...

Bastiat Society

@bastiatsociety

May 18

New article from AIER: How Congress Should Reform the Fed

aier.org

How Congress Should Reform the Fed

"Congress should narrow the Fed’s regulatory concerns to maintaining adequate bank capital. It should also consider abolishing the discount window entirely." ~ Alexander William Salter

Bastiat Society

@bastiatsociety

May 18

New article from AIER: Can the Fed Continue to Fight Inflation without Risking a Financial Crisis?

aier.org

Can the Fed Continue to Fight Inflation without Risking a...

"In principle, the Fed has the ability to provide liquidity to the banking system while simultaneously reducing the incentives banks have to make loans." ~ Bryan Cutsinger

Bastiat Society

@bastiatsociety

May 17

New article from AIER: Taylor Swift, Turn Your Wrath to Government!

aier.org

Taylor Swift, Turn Your Wrath to Government!

"The entity that Taylor Swift and her legion of fans are turning to save themselves from a predatory monopoly that engages in shifty pricing is itself a predatory monopoly that engages in shifty...

Bastiat Society

@bastiatsociety

May 17

New article from AIER: More Self-Interested Union Altruism

aier.org

More Self-Interested Union Altruism

"Whenever someone claims an altruistic reason to support a policy, but it clearly advances their narrow self-interest, the latter effect can explain such support, regardless of whether it helps or...

Bastiat Society

@bastiatsociety

May 16

New article from AIER: Modern Mercantilism: A Case for Free Trade

aier.org

Modern Mercantilism: A Case for Free Trade

"Global free trade helps both consumers, via lower quality-adjusted prices, and taxpayers. Walking into a Walmart to buy goods I want for dollars I earn at work does not leave me, or the nation...

Bastiat Society

@bastiatsociety

May 16

New article from AIER: Emotions and Climate Change

aier.org

Emotions and Climate Change

"Conversations on campus are increasingly radical and will inevitably bleed into the mainstream dialogue. Be ready." ~ Paul Schwennesen

Bastiat Society

@bastiatsociety

May 15

New article from AIER: You Use the Roads, Don’t You?

aier.org

You Use the Roads, Don’t You?

"Having resources taken from you against your will, and then accepting the return of some of those resources, in the form of a monopoly road system, does not make you a free rider." ~ Michael C...

Bastiat Society

@bastiatsociety

May 15

New article from AIER: A Book to Help Young Americans Understand Economics: Economics in Action by Brian Balfour

aier.org

A Book to Help Young Americans Understand Economics: Economics in...

"Countering the plague of economic falsehoods and disinformation that statists constantly spread is crucial to our liberty, and this book does so brilliantly." ~ George Leef

Bastiat Society

@bastiatsociety

May 14

New article from AIER: Reduce, Reuse, and…Refuse?

aier.org

Reduce, Reuse, and…Refuse?

"The last thing we want is to make our virtue signaling but inefficient recycling the modern equivalent of buying indulgences to atone for alleged environmental sins." ~ Bruce Rottman

Bastiat Society

@bastiatsociety

May 14

New article from AIER: Stadium Subsidies Reveal Tensions in Democratic Priorities

aier.org

Stadium Subsidies Reveal Tensions in Democratic Priorities

"Despite being a well-known mirage, the promises of economic and job growth prove too attractive for local policymakers to resist. This tells us something about their priorities." ~ Daniel J. Smith

Bastiat Society

@bastiatsociety

May 13

New article from AIER: CEA Deserves an F on Bitcoin Mining Tax Analysis

aier.org

CEA Deserves an F on Bitcoin Mining Tax Analysis

"The CEA’s argument would result in a failure on an introductory microeconomics exam. One expects better from a team of professional economists." ~ Joshua R. Hendrickson

Bastiat Society

@bastiatsociety

May 13

New article from AIER: AIER’s Everyday Price Index Up 0.60 Percent in April 2023

aier.org

AIER’s Everyday Price Index Up 0.60 Percent in April 2023

"AIER’s Everyday Price Index (EPI) rose 0.60 percent in April 2023 following being essentially unchanged in March and rising 1.6 percent in January and February." ~ Peter C. Earle

Bastiat Society

@bastiatsociety

May 12

New article from AIER: Legal Mafias and Moral Asymmetries

aier.org

Legal Mafias and Moral Asymmetries

"Legal doesn’t mean right. It doesn’t mean just. It doesn’t mean moral. The powerful get away with misdeeds because, for too long, we have conflated the domains. And this conflation goes all the...

Bastiat Society

@bastiatsociety

May 12

New article from AIER: Hail to the Chief, President 6PRKr4!

aier.org

Hail to the Chief, President 6PRKr4!

"Assign to each candidate for high office a new, sterile name – something that reads like an abbreviated VIN for an automobile. For example: 6PRKr4. In fact, call it a PIN – 'Politician...

Bastiat Society

@bastiatsociety

May 11

New article from AIER: An Approach to Teaching Rawls And Income Inequality

aier.org

An Approach to Teaching Rawls And Income Inequality

"Far from representing an outcome chosen behind the veil of ignorance, political pressures will always be driven by full knowledge of the benefits realized by self-interested actors, even if they...

Bastiat Society

@bastiatsociety

May 11

New article from AIER: So Why Aren’t We Paying Down the National Debt?

aier.org

So Why Aren’t We Paying Down the National Debt?

"The world will remain a dangerous place, but the further the nation is from its credit limit, the more effectively the government will be able to respond when, not if, something goes seriously...

Bastiat Society

@bastiatsociety

May 10

New article from AIER: Krugman’s Magic Act

aier.org

Krugman’s Magic Act

"We’ve reached a point where the political class’s primary concern is no longer doing what’s best for the economy, but getting around the letter of the law while fooling the public as to what...

Bastiat Society

@bastiatsociety

May 10

New article from AIER: How the Media Became the Pentagon’s Plumbers

aier.org

How the Media Became the Pentagon’s Plumbers

"A New York Times reporter’s deleted tweet reveals an uncomfortable truth about the gatekeepers of the Pentagon’s secrets today." ~ Jon Miltimore

Bastiat Society

@bastiatsociety

May 9

New article from AIER: Everything in Installments? Shifting Consumer Credit Norms

aier.org

Everything in Installments? Shifting Consumer Credit Norms

"The proliferation of lending tools for small purchases, and the expanded access to credit they represent, are likely a win for consumers. But, as ever, individual responsibility and responsible...

Bastiat Society

@bastiatsociety

May 9

New article from AIER: Cypherpunks, Galt’s Gulch, and Bitcoin

aier.org

Cypherpunks, Galt’s Gulch, and Bitcoin

"Whatever one’s view on Rand, there is no denying her strong influence on the early Cypherpunks who 'wrote code' in a decades-long attempt to realize some cyberspace version of the laissez-faire...

Bastiat Society

@bastiatsociety

May 8

New article from AIER: A Bottom-up Approach to Governing the New Generation of AI

aier.org

A Bottom-up Approach to Governing the New Generation of AI

"Embracing a bottom-up approach of governance, though not perfect, is the best strategy to ensure that the benefits of AI become a reality without endangering the important values we cherish." ~...

Bastiat Society

@bastiatsociety

May 8

New article from AIER: Bank Term Funding Program Discounts the Discount Window

aier.org

Bank Term Funding Program Discounts the Discount Window

"The Fed says it created BTFP to 'support American businesses and households.' But those businesses and households will ultimately be on the hook if the Fed’s risk-taking turns out to be too...

Bastiat Society

@bastiatsociety

May 7

New article from AIER: Adam Smith v. Wesley Jones

aier.org

Adam Smith v. Wesley Jones

"It is long past time Americans saw through the multiple misrepresentations that have defended the Jones Act’s nothing-for-something restrictions for over a century, including twisting Adam...

Bastiat Society

@bastiatsociety

May 6

New article from AIER: If Only Someone Made the Moral Case for Capitalism

aier.org

If Only Someone Made the Moral Case for Capitalism

"If only there were someone who could have warned the new intellectuals that they 'must fight for capitalism, not as a ‘practical’ issue, not as an economic issue, but, with the most righteous...

Bastiat Society

@bastiatsociety

May 6

New article from AIER: Should Government Control Our Lives? Featuring Jason Sorens (Video)

aier.org

Should Government Control Our Lives? Featuring Jason Sorens (Video)

"On this episode of Liberty Curious, Kate Wand sits down with Jason Sorens, Senior Research Faculty at AIER, co-author of Freedom in the 50 States, and founder of the Free State Project, to...

Bastiat Society

@bastiatsociety

May 5

New article from AIER: Ideas and Consequences: Seeing Visions Everywhere

aier.org

Ideas and Consequences: Seeing Visions Everywhere

"My vision is that we learn how to dress up a grumpy realism in snazzier clothing, and capture the noble aspirations of the unconstrained visionaries among us." ~ Bruce Rottman

Bastiat Society

@bastiatsociety

May 5

New article from AIER: Federal Reserve Raises Rate Target, Likely To Pause For Some Time

aier.org

Federal Reserve Raises Rate Target, Likely To Pause For Some Time

"In March, the median FOMC member projected the federal funds rate target would close the year above 5.0 percent. But the federal funds futures market is pricing in better-than-even odds that the...

Bastiat Society

@bastiatsociety

May 4

New article from AIER: Hamilton’s Haircuts

aier.org

Hamilton’s Haircuts

"Whatever you think of the wisdom of Hamilton’s moves, our point is simple and stark: The US government has defaulted in the past." ~ David R. Henderson and Jeffrey R. Hummel

Bastiat Society

@bastiatsociety

May 4

New article from AIER: On Fed Reforms, Ramaswamy Swings and Misses

aier.org

On Fed Reforms, Ramaswamy Swings and Misses

"Ramaswamy’s arguments reveal he is unfamiliar with the ins and outs of monetary policy. His suggestions are poorly motivated and won’t result in a stronger economy. He’ll need to do better if he...

Bastiat Society

@bastiatsociety

May 3

New article from AIER: The Path to Full Stagflation

aier.org

The Path to Full Stagflation

"The US economy looks to be pointed in a troubling direction. Federal unemployment data shows record low unemployment, but state-level data paints a different picture: one where the current...

Bastiat Society

@bastiatsociety

May 3

New article from AIER: An Astonishing Proposition

aier.org

An Astonishing Proposition

"Does the Biden administration believe that home buyers have the moral duty to sacrifice their own objectives in order to help others achieve their goals, and the government should enforce this...

Bastiat Society

@bastiatsociety

May 2

New article from AIER: Sanguine about the State: A Critique of Political Science aier.org/article/__tras

Bastiat Society

@bastiatsociety

May 2

New article from AIER: A Doctor Dissents from Statist Orthodoxy aier.org/article/a-doct

Bastiat Society

@bastiatsociety

May 1

New article from AIER: What’s Called “Common Good Capitalism” Would Work Against the Common Good

aier.org

What’s Called “Common Good Capitalism” Would Work Against the...

"Because innovation is destined not only to reveal new ends that must be fitted into — and, hence, disrupt — the 'common good capitalist' plan, but also to create new and unanticipated means of...