Tag: Socialism
Are People Econs or Altruistic?
In high-school every assignment puts up two opposites and ask you to categorize the real world into either of the two boxes. The correct answer is always the secret option 3: a bit in-between the two (preferably leaning towards the orientation of your teacher). […]
How to Lie With Pretty Figures
This video has been making its rounds a year ago or so. Now it’s getting its second wind. It seems horrible (if you’re a socialist), but let’s endeavor my favorite hobby: fact-checking: The video shows some charts, first how people think wealth is distributed, […]
Poll: Preferred Society
Here are the income distributions of two societies. That is, this chart shows how large a percentage of the population (y-axis) in each society earns a certain salary (x-axis). I’ve have not put numbers on the axes to keep this independent on actual […]
Why Workers’ Unions, Equal Wages and Minimum Wages are as bad as Monopolies and Cartels
Here I’ll argue that workers’ unions have similarities to monopolies and that equal/minimum wages have similarities with cartels, and note the difference in how these are dealt with. Monopolies and Cartels Monopolies have a bad ring to them. Nobody likes monopolies, in peoples’ minds […]
On State-sponsored Art
In this post I am in no way trying to define art – whenever I write art, you’re welcome to read almost anything you want, be it music, paintings, crap in a can, soccer matches, movies or something completely else. It’s no secret, I’m […]
