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/liberty/ - Liberty

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WARNING! Free Speech Zone - all local trashcans will be targeted for destruction by Antifa.

File: e0d90e2e2058112⋯.jpg (132.03 KB, 725x960, 145:192, 11d2fb0c9852a76570897a1b9d….jpg)

 No.72669

What's the best way to teach economics to the masses?

 No.72673

YouTube embed. Click thumbnail to play.

>>72669

Considering how most people don't read books or want to watch hour-long videos on economics, the best way is to give them short 3-5 minutes videos. Preferably with some nice cartoons or animations. LearnLiberty is what I would recommend. It's how my father introduced me to libertarian concepts.


 No.72674

>>72669

As >>72673 said, short videos is a great way to introduce people to these themes. I think within the last couple of years a greater number of people are looking for answers beyond the Left and the Right. However, these people are mostly younger, and the majority of Americans, Europeans, Asians etc, are still oblivious to most libertarian concepts. It probably won't be until another decade or so before we see libertarian politics begin to really become mainstream or even a dominant political and economic view. The growth of organizations such as the Mises Institute has shown that they are reaching a greater audience, but that audience is still extremely small compared to the Leftist and Far Right ideologies.


 No.72677

File: fc04b7187450615⋯.pdf (3.3 MB, Capital-Volume-I.pdf)


 No.72714

>>72673

We need more videos like this that prevent economics and liberty in short easily digestible cartoons. Almost all "educational" videos like this advocate for government planning or central control to solve societal problems, they also tend to reach a much wider audience. I guess people prefer the idea they can change society through force rather that everyone needs to play their own little part to make the world better.


 No.72728

File: 23e01650de4fba3⋯.png (129.99 KB, 1134x1357, 1134:1357, How goverment solved the h….png)

>>72714

Actually you don't need all that many videos, as long as you have one good video on one subject, you don't need ten others, unless they are much longer and go in more depth, but this is about an introduction to free market, so the short and good ones are adequate. In the end, how many things would the normal person think about, taxes, roads, healthcare, police, and the latest trend that they will forget in a few months? Most of them won't care about the zoning laws, or free weed, or praxeology, or the history of economics, so again you don't all that many videos to at least make a point, sure you convert someone with a cute 2 minute video, but at least you can make him think a bit, and if he is interested, you can talk to him or give him a 20 minute lecture/video, and then a 40 minute one, and then you recommend him some books(but that will take a long time).

Anyway, here is another good video, based upon this pic.

https://www.youtube.com/watch?v=fFoXyFmmGBQ


 No.72729

Anarchy has no schools


 No.77580

austrian economics debunked (redpill overdose)

TRIGGER WARNING: FACTS AHEAD!!

tl;dr

>gold standard is unstable and not a viable currency, susceptible to fraud and dependent upon mining

>they are openly anti-scientific, rely on "praxeology", they are philosopher at best

>dumb ideology funded by koch brothers think tanks (CATO) to convince ignorant armchair economists

>every prediction they had is proven wrong

>they business cycle theory is wrong

>they don't use scientific method, no maths, no statistics, nothing, just speculation

>only used as political rhetoric by ron paul to rile up his gadsen-flag hillbilly voterbase

>all of peter schiff's predictions are wrong, he has been preaching doomsday for decades

>mainstream economics agrees with less than half of their policy

>literally no respects austrian economists today, abandoned as early as 1950's

>only good thing to come out of it was Hayek, who wasn't even Austrian since he rejects praxeology. He contributed to price theory, and added to the socialist calculation problem. Also his philosophy is superior and way more nuanced compared to mises/rothbard.


 No.77581

>>77580

top global econ journals, ZERO positive austrian results, all negative! outdated! wrong! pseudoscience!

https://academic.oup.com/qje/search-results?page=1&q=austrian&fl_SiteID=5504&allJournals=1&SearchSourceType=1

https://academic.oup.com/restud/search-results?page=1&q=austrian%20economics&fl_SiteID=5508&allJournals=1&SearchSourceType=1

https://www.aeaweb.org/journals/mac/search-results?within%5Btitle%5D=on&within%5Babstract%5D=on&within%5Bauthor%5D=on&within%5BjelCode%5D=0&journal=6&q=austrian+economics

https://www.aeaweb.org/journals/jep/search-results?within%5Btitle%5D=on&within%5Babstract%5D=on&within%5Bauthor%5D=on&journal=3&q=austrian+economics

http://www.igmchicago.org/igm-economic-experts-panel

https://en.wikipedia.org/wiki/Mainstream_economics

ihttps://en.wikipedia.org/wiki/New_neoclassical_synthesis

https://en.wikipedia.org/wiki/Professional_consensus_of_economics

http://www.tandfonline.com/doi/abs/10.1080/00220480309595230

https://mainlymacro.blogspot.nl/2017/04/economics-is-inexact-science.html

https://thesis.eur.nl/pub/39717/Master-Thesis-Nicolas-Bernerman.pdf

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1530995

https://recoveringaustrians.wordpress.com/top-ten-austrian-economic-lies-and-mistakes/

http://econfaculty.gmu.edu/bcaplan/whyaust.htm

https://realcurrencies.wordpress.com/2012/01/25/top-ten-lies-and-mistakes-of-austrian-economics/

https://hallingblog.com/2015/09/08/praxeology-an-intellectual-train-wreck/

https://www.reddit.com/r/badeconomics/search?q=austrian&restrict_sr=on

http://www.jstor.org/stable/2138469

http://www.econlib.org/library/Topics/College/marketfailures.html

https://www.colorado.edu/economics/morey/4545/introductory/marketfailures.pdf

https://www.reddit.com/r/explainlikeimfive/comments/1py0a8/eli5why_is_the_gold_standard_bad_feel_free_to/

https://www.quora.com/What-are-some-criticisms-of-the-Austrian-school-of-economic-thought

https://link.springer.com/article/10.1057/eej.2012.32


 No.77582


 No.77609

>>77580

>>every prediction they had is proven wrong

Are you talking about Keynesianism or Austrian Economics?


 No.77620

Go back to kindergarten.

"Teacher! Billy won't share the train set!"

"Billy you need to share" "Why don't you try leasing half the trains from Billy with your animal crackers?"


 No.77636


 No.77639

>>72669

Rothbard looks too Jewish


 No.79809

>>72669

before that, I would ask whether thats desirable thing.

th general opoulance will never nor should they (in accordance with specialization) know the finer details of economics.

everyday economic literacy needed to make decent decisions about allocating capital, mostly captured by the term 'business skills' is a different story.

I have a sceptical to negative view of projects such as 'economics in one lesson' because it leaves you with a bunch of people who falsely believe they know anything about economic, when in reality all they learned is how to perpetuate a set of canned, oppinionated, vulgar claims.


 No.79813

>>79809

They only need to know the basic principles unless they intend to have authority to argue past those. There's nothing wrong with understanding what opportunity cost and marginal utility is and taking that in mind when you act. Knowing what, why and when business cycles occur is relevant to a different degree for anyone participating in economic action. I don't see how economic education can ever be detrimental. There is no clear margin of when it starts dropping off, but to me it seems pretty high right now.


 No.79815

YouTube embed. Click thumbnail to play.

>>72669

BITCOIN


 No.79819

>>79809

>I have a sceptical to negative view of projects such as 'economics in one lesson' because it leaves you with a bunch of people who falsely believe they know anything about economic, when in reality all they learned is how to perpetuate a set of canned, oppinionated, vulgar claims.

As I see it, they already do make these claims. The Pandora's Box has been opened, the plebs are running amuck and demanding gibs, and we have little chance of closing the box. The best we can do under these circumstances is to get rid of some of the falsehoods that are being perpetuated, like educating people that the welfare state is founded on lies and that the unions are a cancer that is killing the economy.


 No.79831

>>79819

Anyone who knows anything that's not dead simple should be suspicious of these things. Understanding the complexity of already possessed knowledge is the non-obvious step.


 No.79843

>the masses

The "masses" have an average IQ of 95. That means you can safely disregard the first half of the population as mentally impaired retards which just go along with whatever conditioning they were programmed with by their parents, schools, friends, church, government, corporations, media, etc…

Most intelligent people all already figure this shit out on their own, I'm just worried about the college kids who are smart, but either too idealistic or too lazy to think for themselves and listen to their Marxist professors. A lot grow out of it, but a lot also don't.

We just have to keep shilling libertarianism and putting people in situations where they think about the state.


 No.79844

File: beb07ffce022b1f⋯.jpg (480.94 KB, 800x1065, 160:213, beb07ffce022b1f9c25d9577ea….jpg)

>>72669

Make them teach it in K-12, make it mandatory, make government and economics classes be required Freshman or Sophomore year instead of senior year so they understand shit when they take high school history, and don't allow exceptions like taking AP psychology or other electives as substitutes. Pretty much everyone who could got out of taking Economics back in high school even though it was "mandatory," and I learned more in that class watching Stossel videos and doing vocab quizzes than I did in my 10 years of prior K-12 history classes.


 No.79845

>>79844

Fuck, wrong flag. Ah well.


 No.79848

>>79843

the cut off for mental retardation is 85 you dumb ass, second of all there's plenty of intelligent people who were leftists.


 No.79849

>>79844

This helps shit but only so much, as even in the high school courses all they teach is Keynesian shit. And in schools in lefty districts they give "equity" arguments far more weight than they deserve, which is none. I guarantee you not a single person in my high school macro class left it with a changed opinion on government policy, even elementary stuff like the minimum wage.


 No.79859

>>79848

>he cut off for mental retardation is 85

So? People below 120 are already idiots, I was being generous when I said 95.

>second of all there's plenty of intelligent people who were leftists

Of course there were, writing books about leftism is quite profitable.


 No.79860

By spreading propaganda from a billion dollar think tank in bed with the government and academic insitutions in the hopes of implementing the idea into the next conqoured state.


 No.79862

>>79860

Honestly even that would be preferable at this point with how economically illiterate your average normalfag is.


 No.79864

File: 3d1898799033b50⋯.jpg (7.55 KB, 231x250, 231:250, get gay.jpg)

>>79848

>the cut off for mental retardation is 85 you dumb ass

It's actually 70… Where'd you get the idea it was 85?


 No.79880

>>79864

Up until the mid-1900s it was defined as around 85 depending on jurisdiction. The US actually pushed to lower it 10 points during the civil rights era because predominantly black states had an average IQ right above or at the mental retardation line. I assume that's what anon is talking about.


 No.87941

Hazlitt (economics in one lesson) or Sowell (basic economics) are good intros.

Tom Woods is accessible and enjoyable to listen to, for example https://www.youtube.com/watch?v=40CGwaQX1sM or https://www.youtube.com/watch?v=zaKg2I_2-9E

For countering the socialist brainwashing that is so common in the economically illiterate, https://www.youtube.com/results?search_query=molyneux+answers+libertarians is probably among the better ways without going through it all yourself.


 No.87954

File: 2466c34051a8fea⋯.jpg (429.1 KB, 960x600, 8:5, 1421260405438.jpg)


 No.87985

>>77620

How about you mosey on down to your local convenience store and tell them to "share" their coffee with you.


 No.87988

YouTube embed. Click thumbnail to play.

>>72714

FreedomToons has good stuff.




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