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Showing posts from July, 2024
  Review of The Devil and Karl Marx: Communism's Long March of Death, Deception, and Infiltration. Paul Kengor. 2020. Kindle online sample. Section 2. Preface The purpose of a preface is to briefly set the table for what is to follow. In a book on the evil that is communism, it’s a tall order. THE BLOOD BANQUET THAT IS COMMUNIST IDEOLOGY COULD NOT BE SUFFICIENTLY LAID OUT IN A VAST HALL OF VOLUMES LET ALONE A MERE PREFACE. To adequately convey the array of victims of communism is humanly impossible. … I will restrict these opening observations to a few pages sketching only generally “the dance of death” (to borrow from Marx’s strange poetry) orchestrated by the handmaidens of this killer ideology. It is important to start with a presentation of the numbers—the estimated number of victims. ANY IDEOLOGY WITH A TRAIL OF ROT LIKE COMMUNISM IS NOT OF GOD BUT OF THE FORCES AGAINST GOD. … It is not of God’s creation but a fallen angel’s anti-creation. It is not of the light but of the da
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  Long-Run Effects of Raising and Lowering Overall Tax Rate Do we want both All individuals and government to be much richer? Then we must substantially lower tax rates. … Democrats want to maximize current tax revenues. Attached Table 1 is a Democrats-preferred case model showing how the economy and tax revenues are affected by raising overall tax rate (taxes percent of GDP) from 40% to 50%. Considering deadweight loss effect of taxation, the actual percent currently is well above 40%. … Republicans want to maximize current and long-run economy growth, thereby maximizing future tax revenues. Table 2 is a Republicans-preferred case model showing how the economy and tax revenues are affected by lowering overall tax rate from 40% to 30%. In both cases annual government spending is per column C. … Raising overall tax rate is a lose-lose-lose: Per Table 1 in year 100, with 50% overall tax rate compared to what it would have been in year 100 with original 40% tax rate: · economy size is low
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  Review of The Devil and Karl Marx: Communism's Long March of Death, Deception, and Infiltration. Paul Kengor. 2020. Kindle online sample. Section 1. From introduction: Two decades after the publication of The Black Book of Communism [Jean-Louis PannĂ© et al., 1999] , nearly everyone is or at least should be, aware of the immense evil produced by that devilish ideology first hatched when Karl Marx penned his Communist Manifesto two centuries ago. … Well before Karl Marx was writing about the hell of communism, he was writing about hell. “Thus Heaven I’ve forfeited, I know it full well,” he wrote in a poem in 1837, a decade before his Manifesto. “My soul, once true to God, is chosen for Hell.” That certainly seemed to be the perverse destiny for Marx’s ideology, which consigned to death over 100 million souls in the twentieth century alone . … No other theory in all of history has led to the deaths of so many innocents. How could the Father of Lies not be involved
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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 2 How Markets Work Chapter 5 of 36 Elasticity and Its Application Section 22 of 22 … To offset the adverse consequences of drug intervention shown in Figure 1 panel (a), policymakers try to reduce demand with of drug education programs. Successful drug education has the result shown in panel (b). Demand curve shifts to the left from D1 to D2. Equilibrium quantity falls from Q1 to Q2. Equilibrium price falls from P1 to P2. Total revenue falls, to smaller green area P2-E2-Q2-0 rectangle area from large yellow area P1-E1-Q1-0. Drug education to reduce demand reduces both drug use and drug-related crime. (end of chapter 5 of 36) … … Congratulations! 5/36 = 14% of way to becoming competent economist.
  Used to make arrangements of favorite songs on a programmable Roland XP50 keyboard. One reason was to play along with on guitar and bass to learn the parts. Found can upload to SoundCloud and post here. The satellite sings along: Telstar. From Smithsonian National Air and Space Museum website: Launched on July 10, 1962, Telstar 1, developed by the American Telephone and Telegraph Company (AT&T), was the world's first active communications satellite. Active Satellites, unlike passive satellites, amplify the transmitted signals before re-transmitting it back to Earth. Telstar by ScotWick (soundcloud.com)
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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 2 How Markets Work Chapter 5 of 36 Elasticity and Its Application Section 21 of 22 … To discourage sale and use of illegal drugs such as heroin and cocaine the U.S. government spends billions of dollars each year in efforts to reduce the flow of drugs into the country. What happens in the illegal drugs market if the government increases the number of anti-drug agents and arrests of drug sellers? We answer with the three steps · determine whether supply or demand curve shifts · decide direction of the shift · consider how the shift affects equilibrium price and quantity … The direct impact of drug interdiction is on supply by sellers of drugs not on demand by buyers. When government stops some drugs from entering the country by arresting more smugglers, it · raises the cost of selling drugs · reduces the quantity of drugs suppl