Socialdem. 21st Century

They are both hopeless: Free movement of people is the logical corollary of free moment of goods under free trade. These are both two sides of the same poisonous free market coin. If you think one is bad, you have some explaining to do about why you don’t reject the other too.I’m on Twitter: https://twitter.com/Lord_Keynes2

To understand that, admittedly, cryptic headline, read the full, original story here.I’m sorry, but I tried hard – so hard – to resist this… but:I’m on Twitter: https://twitter.com/Lord_Keynes2

Pictured in one photo here, with context here.Meanwhile, just watch as the pro-free trade conservative Ben Stein announces that the US has full employment and free trade has been awesome:[embedded content]Yes, this is the degree of utter delusion in which elite US journalists and pundits live.I’m on Twitter: https://twitter.com/Lord_Keynes2

I am sorry it took me so long to see this video. The Austrian economist Robert Murphy (who blogs here) debates a conservative called Theodore Beale (aka Vox Day) (who blogs here) in the video below on free trade (see also here and here).[embedded content]Beale appears to be some kind of evangelical, populist conservative, skeptical of free trade. I was astonished to hear him quote Steve Keen at 20.26 following.Despite some very good points, Beale (aka Vox Day) could also have made the...

I am getting mixed signals on Navarro. He seems to be positive about Keynesian stimulus here, and is a mercantilist on trade (which isn’t necessarily bad).But he seems hostile to conventional Keynesianism in this interview, and even (if I am not mistaken) implying that public infrastructure will be private?[embedded content]Admittedly, he is not wrong on the disaster of free trade and the collapse of manufacturing, and the need for rebuilding US manufacturing.

And it has been going on for years:[embedded content][embedded content][embedded content]I’m on Twitter: https://twitter.com/Lord_Keynes2

It can be illustrated first by a quotation from Ha-Joon Chang’s 23 Things they Don’t Tell you about Capitalism:“Wages in rich countries are determined more by immigration control than anything else, including any minimum wage legislation. How is the immigration maximum determined? Not by the ‘free’ labour market, which, if left alone, will end up replacing 80–90 per cent of native workers with cheaper, and often more productive, immigrants. Immigration is largely settled by politics.”...

In a recent talk:[embedded content]I’m on Twitter: https://twitter.com/Lord_Keynes2

I get mercifully few libertarians in the comments sections these days, but I recently got this challenge here.Patrick asks me to respond to this critique here.This is a passage from the Hans-Hermann Hoppe (Hoppe 2007: 33–34), and Hoppe is a defender of Kantian synthetic a priori knowledge as the epistemological foundation of epistemology and Misesian praxeology.The proposition that is the epistemological foundation for classical and modern moderate empiricism, as Hoppe notes, is this:“This...

This guy is fantastic. We need US détente with Russia, not another bloody mad, neocon war:[embedded content]