Econ101

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Econ101 (Economics-101) is just a play on the things that people used to learn in College on the first day. Used to, because they don't really teach the basics any more, and they dupe many students in economics by obstructing history and common sense, and replacing it with Keynesian tripe and Marxist dogma. But this is the basics of what people should know if they really want to talk about economics.

Econ101

To the left, everything is about community organizing and their protests and self-righteous indignation. To the informed, those tantrums usually came late after the cultural tide was shifting and the Jonny-come-lately's did little but try to take credit for the success of others. Like Henry Ford (Capitalism) standardized on the 40 hour work-week, most others had adopted it, and then the Federal Government created a regulation that said we should adopt it for the very few remaining and took credit for something that was already done. Then the leftist media (like NBC) repeats the lie, and the gullible gobble it up. Thanks Unions for riding on the coat tails of others. more...
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Increase the economic value of a cheat or lie, and you'll use them less often. Thus permission to do something once (or infrequently) will reduce the likelihood of you doing it, more than the impossible standard of pure abstinence. more...
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From Gun Sales to Mass Shootings, how the unintended consequences of community organizing are often detrimental to the stated goal. How divisive rhetoric and drawing attention to your cause can often get the opposite outcome of intent. Of course if your intent is to pose for the selfie-stick and drive up gun ownership and mass shootings then maybe it isn't the opposite of intent. more...
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The Broken Window Fallacy is a fundamental concept of economics (and logic) about seen advantages versus unseen costs. Henry Hazlitt summed up the art of economics as not merely looking at the immediate consequences but the longer effects of any act or policy, and tracing those consequences not merely for one group but for all groups more...