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The labor theory of value is a lie
by Rudd-O
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published
Jan 02, 2012
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last modified
Jun 26, 2013 03:24 AM
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filed under:
lies,
Marxism,
economics,
labor theory of value
Refutation by counterexample.
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Why a Bitcoin hard fork can't and won't stop the original Bitcoin chain
by Rudd-O
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published
Aug 04, 2016
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last modified
Aug 04, 2016 03:48 PM
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filed under:
Bitcoin,
economics
No matter how you try, you can't force your blockchain on anyone else. We have a good idea of how such an attempt would turn out, so let's go over it.
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Money is a formal token of delayed reciprocal altruism
by Rudd-O
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published
Nov 14, 2018
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last modified
Jan 04, 2021 01:50 PM
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filed under:
money,
economics,
capitalism
The cornerstone of civilization, in a sentence.
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Why universal basic income (UBI) can't work
by Rudd-O
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published
May 25, 2016
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last modified
May 25, 2016 04:22 PM
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filed under:
socialism,
basic income,
economics,
finance
Belief in basic income is becoming increasingly popular. What advocates of basic income do not get is that the math doesn't work out.
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How minimum wages cause poverty
by Rudd-O
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published
Mar 09, 2011
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last modified
Jun 26, 2013 03:24 AM
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filed under:
demagogy,
economics,
statism,
minimum wage,
politics
And destroy the economy.
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Fitness, health and liberty
by Rudd-O
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published
Oct 24, 2012
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last modified
Jul 20, 2015 07:19 AM
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filed under:
statism,
economics,
Obamacare,
Medicare,
medicine,
corruption
How politics completely corrupted the practice of medicine and health care.
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Predictably irrational
by Rudd-O
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published
Dec 30, 2008
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last modified
Jun 26, 2013 03:24 AM
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filed under:
society,
economics,
psychology,
sex
We go apeshit at the mention of "free stuff". "No" doesn't necessarily mean "no" when we're horny. You will shop around for cheap cigarettes, but not for an ...
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Teacher fails entire class
by Rudd-O
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published
Jul 06, 2020
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filed under:
economics,
communism,
socialism
A parable.
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How government solved the health care crisis
by Rudd-O
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published
Aug 12, 2016
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last modified
Aug 12, 2016 06:03 AM
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filed under:
medicine,
socialism,
statism,
economics
Beautiful video by bitbutter, based on an essay by Roderick T. Long.
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Old man yells at math
by Rudd-O
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published
Dec 18, 2020
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last modified
Dec 18, 2020 12:22 PM
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filed under:
Bitcoin,
morons,
economics
Imagine going on public television and not knowing that the Bitcoin supply is mathematically fixed.
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Old man yells at math