Slop.

When I see shit like this, it makes me fully support forced re-education camps

That or

I was at this conference back in my academic days dinner with a cluster of GMU junior faculty and researchers. luckily zero economists, all pretty firmly left politics. the most outspoken one introduced his school as being "the modern proving ground of all academic and scientific corruption in the US. when you look at a map of how right-wing dark money from the Kochs flows through the academy, GMU is always where the process is prototyped and developed for mass replication elsewhere."

he was pretty funny in that deadpan. he had spent the last several years looking at the political economy and critical geography of energy leases or something grim like that in central Appalachia.

Was going to say, GMU is as bad as it gets for libertarian econ

Austrian economics is barely more fantastical than mainstream bourgeois economics

lmao he left up the top comment calling him an f-slur. dog of us empire indeed.

Liberalism is a malignant disease on the human soul.

He has to be doing a bit. Otherwise, I hope someone slaps him right in the mouth.

This is your brain on splitting people into “the protagonists of irl” and “the background characters”.

Kind of embarassing that I even know this, but their reasoning goes

1. Lower prices => lower profits
2. Lower profits => lower quantities supplied
3. Lower quantities supplied => people will die from lack of medicine

And if you assume that the supply is lowered enough, then tons of people die and it becomes genocide. Of course, the flip side of this that this person completely ignored is that price distortions can also occur in the other direction, where prices are high enough to entice more than sufficient production, but so high that it limits purchases from consumers. Currently, the American medical industry is firmly in that side of pricing (as evident by the fact that the rest of the world has much lower drug prices* and no shortages of drugs).

*even if you account for wage differences.

This is all econ 101 theory. Often times, you barely need to remember 101 shit to dunk on these so called "economics students", who didn't even properly learn the bourgeois version of the theory, only how to party and act arrogant online.

They're genociding the profit margins

I've got this one. Money is a proxy for race, and therefore lower prices mean Black people benefit. Therefore, Black people living longer is a genocide to .

You add up all the lost utils on both sides and see which number is bigger and also a single dollar of forgone profit is like a gazillion utils.

I'm not like other guys, I like Metal AND Taylor Swift. Isn't that unique and special? Tell me you think I'm cool.

He realized lowering drug pricces would trigger the libs

What the fuck is a broken calendar lmao I love this

It's because Trump is not a Neoliberal, like Reagan, Clinton, and every president since them from either party. Biden, Bush, Obama...

Trump is a Fascist. He can throw white working people a bone every now and then because he is not beholden to the Capitalist class to the extent other leaders were and are.

Bullshit like always