You've heard of me: Florida man, Economic man. Doing the irrationally rational in SWFL.
Fort Myers, FL
Joined March 2009
- Tweets3K
- Following2.3K
- Followers3.8K
- Likes1.7K
Pinned Tweet
Can someone help me find the threshold where a "struggling mom and pop" business is sufficiently successful that it becomes "greedy?" Thanks in advance.
1/ Saving and investing are often misunderstood as mere money-hoarding or simple capital reallocation. In reality, they are the dynamic engines that generate entirely new wealth across the broader economy.
Here's a quick look at why this distinction matters 🧵
Dumbest commercial ever: I know some good guys who made something. You should buy it.
@PROOFwallets
Victor V Claar 🌴 retweeted
The economic problem, which is what economics addresses and must explain, is not efficiency/maximizing or the pursuit of it through adjustments made in response to (exogenous) changes, but the economizing on scarce productive resources in the production of uncertain future value.
These socks from @SamsClub
are fantastic. And they cost $1.20/pair.
At those prices, I can buy a pack and donate a whole pack to charity. For waaaay less than @BOMBAS
samsclub.com/ip/15391807569
Victor V Claar 🌴 retweeted
The more I study the economy, its processes and what economists have uncovered about it, the more I realize the extent of the error that people make, scholars and laymen alike, by assuming it's a system or machine rather than an evolving organism (to use an analogy from biology).
Trust local knowledge: My new column at Gulfshore Business.
State preemption threatens local economic policy power gulfshorebusiness.com/inside…
When will people realize that #cheaptalk isn't #virtuesignaling . #Economics is clear: for signaling to work it has to be _costly_. And the harder it is to signal, the more believable the signal. If your signal costs nothing, nobody cares
Victor V Claar 🌴 retweeted
Someone's missing from this year's economics Nobel announcement...
The person who actually came up with the winning idea.
More from @VictorClaar 📖
rlo.acton.org/archives/12766…
#nobel #nobelprize #economics
I had a chance to talk coffee prices and tariffs here: FEELING STEAMED? Java fans find a financial bitter taste as coffee prices spike newsbreak.com/the-daily-sun-…
Joseph Schumpeter Is this year's recipient of the Nobel prize in economics !
And I give @DavidKotter a shout out in my latest column about the economics Nobel prize.
Aren't Nobel Winners Supposed to Be Living? acton.is/4hoqc3H via @VictorClaar cc: @PerBylund @ProfAghion
Here's my review of Mere Economics by @artcarden and @CalebSFuller . (Always nice to see my affilations with @fgcu , @ActonInstitute , and @aier included) theceme.org/book_review/mere…
Glad to see this in print. Also happy to see my other affiliations with @ActonInstitute and @aier are included
.@VictorClaar: "Why have we outsourced the most important prices of all in a dynamic, capitalist economy — interest rates — to a price-control board called the Fed?" @fgcu #faithatwork #sponsored trib.al/4qzJWaM
