'Humans, especially those living in the countries on the frontier of innovation, create knowledge that allows us to grow our resources well in excess of the resources that we consume.’
It is laughable, but expect the ‘arguments' to be repeated by right wing politicians everywhere.
There is also state level research, that shows similar results: researchers at the #CATOInstitute, a #CONSERVATIVE#LIBERTARIAN think tank, looked into #Texas in 2019. They found that undocumented #immigrants were 37.1% less likely to be convicted of a #crime.
Austrian economics (or the Austrian school of economics) is #libertarian#philosophy masquerading as a school of economic thought. This school is notable for its lack of formal mathematical modeling and empirical testing. Among its more unusual traits, the Austrian school draws its conclusions based on deduction and thought experiments, rather than data. In place of the conventional tools of science, the Austrian School favors a narrative approach called "praxeology". Despite its shortcomings, some less nutty features of the Austrian School have leaked into mainstream economics while the more nutty have found a home at libertarian think tanks (Cato Institute and Ludwig von Mises Institute).
Super secretive, ultra wealthy/conservative, anti-union, climate change denial, subversive funder of neoliberal think tanks, agendae. As dangerous as Leonard Leo; good to see more coverage, unveiling of Koch's influence.
This is all very well, but the monied and 'intellectual' interests who promoted Trump created a monster that now has a life of its own. The backtracking of an extremist think-tank is nothing compared with this brutal fact: the mob remains on the march.
Please note: "As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker."
And then look at the "neutral" moderator:
"Clark Neily, Vice President for Criminal Justice, 👉#CatoInstitute👈, one of the most notorious right-wing...