[0] https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
Spent a few years trying to figure out how Help people without trying to force businesses to do what’s right.
Anytime I hear a new fiscal policy or laws idea I can usually figure out if it’s going to work or cause problems
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
Thank you to user on Hacker News that suggested this book in a comment a few years ago. It was eye opening and one of the most important books I've ever read.
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
Well meaning redistribution leads to lack of motivation. Why should I work hard if I get paid the same mentality. Leading to shortages.
Cruel competition causes people to work hard to produce the most goods with the least resources. Leading to surplus. Meaning poor people have access to far more now. So much so that historically poor people whom were skinny are now as fat as old world rich people. as food has gotten absurdly cheap.
This is a great primer for those completely unfamiliar: https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
[1] https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
> Until now. As covid and wildfire smoke have atomized us all into whatever living space we can afford, and into a grid of separate video boxes on a screen, the place as it was no longer exists. The forces that kept people here are temporarily gone. Through cratering rents San Francisco is finally proving to opponents of growth that supply and demand apply to housing too.
Intelligent people will twist themselves in knots trying to disprove basic economics. I see long threads on HN all the time of brilliant people convinced that supply and demand is just "far too simple" or "totally disproved" etc. etc.
This book is a classic https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
It's a fairly detailed book but it's worth the time. If you're too busy to read a whole book, you might want to take a look at "Economics in One Lesson" [2] by Herny Hazlitt.
The foundation for economic education[3] has some great articles too about economics and public choice.
[1]https://www.amazon.com/Basic-Economics-Thomas-Sowel/dp/04650... [2] https://fee.org/media/14946/economicsinonelesson.pdf [3] https://fee.org
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” Thomas Sowell[2]
[1] https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
[2] https://www.amazon.com/Reality-Optional-Essays-Institution-P...