Ankur Garg
@ankur2728In love with economics | Libertarian | Free markets | Aspiring Austrian(Hayek, Mises) economist
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I don't think anyone can learn "real" economics without reading the entire history of economic thought. You just can't learn it reading modern day textbooks driven by "New Keynesian" mathematical economics. To all students, go through the entire history of economics and money too
Seniors, women, LGBTQ+++++ etc etc
Out. To. Lunch. Always picking winners and losers, this guy loves to divide and categorize Canadians. #callanelection
Is temporary tax relief real relief? 💰 Trudeau’s latest trick: hand out *your money* and call it generosity $250 & a temporary GST break won’t fix years of skyrocketing taxes & inflation Canadians need real, permanent relief. Axe the tax & make life affordable again. #cdnpoli
This!!!
“Equality before the law and material equality are not only different but are in conflict with each other; we can achieve either one or the other, but not both at the same time. The equality before the law which freedom requires leads to material inequality.” — Friedrich Hayek
Even a 25bps cut is a foolish thing to do with demand stimulus and extra borrowing they ll be doing on top of higher infl
Economists say the Canada Govt mini-stimulus package likely puts to rest any chance Bank of Canada delivers another half-point cut to its policy rate on Dec. 11. BMO sharply upgrades its 1H 2025 🇨🇦 outlook due to C$6.3B stimulus. On WSJ wires:
Reducing Canadians’ tax burden is the right thing to do, but Ottawa’s plan is the wrong way to do it. fraserinstitute.org/blogs/trudeaus… #cdnpoli
A 2-month "Tax cut" gimmick and a $250 cheque unless you make over $150k This is not an affordability measure. It is ridiculous nonsense.
🇦🇷 MONEY, MONEY, MONEY UNDER MILEI: 11TH STRAIGHT SURPLUS Argentina posted a $888M trade surplus in October 2024, rebounding from a $442M deficit last year. Exports soared 30%, fueled by agriculture and manufacturing, while imports grew 4.9%. Many credit @JMilei’s libertarian…
Human smuggler issued new Canadian passport after court ordered surrender of travel document cbc.ca/news/canada/pa…
Omg
The federal government issued a new passport to an admitted human smuggler after he was ordered to surrender his travel documents as part of court-imposed release conditions. cbc.ca/news/canada/pa…
Then another 26 cad to cover tve increasing costs of the previous raise in min wage..
Torontonians need to make $26 an hour to cover living costs: report cp24.com/local/toronto/…
Socialism at its peak in Canada?? @aye_kaash @RishiJoeSanu
City of Toronto now requires landlords doing a renovation to provide tenants with temporary housing or cover the costs. Serious question, why would anyone want to be a landlord in Toronto?
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Are there any politicians or influential people who could lead a libertarian movement in your country?
Tariffs are a tax on consumers and we are ALL consumers. Why sacrifice our standard of living to save small, uncompetitive & inefficient industries? Let the market weed them out!
This!!!
Friedrich Hayek on anti-capitalism sentiment in the West: “An anti-capitalist ethic continues to develop on the basis of errors by people who condemn the wealth-generating institutions to which they themselves owe their existence.” “Pretending to be lovers of freedom, they…
Rose met Milton Friedman in 1932 when they shared the same bench at the University of Chicago. It didn’t take long before they became inseparable. For 68 years, the petite Soviet refugee was Milton Friedman’s most important collaborator and closest friend. Writing the…
Modest proposal: If you wish to reduce the trade deficit, tax Americans, and send the money to foreigners. They buy American goods. No more trade deficit. (Target spenders not savers.) Ramp up foreign aid. If this is a bad idea, then consider why you don't like trade deficits.
First you control rent then you control moving out of tenants..
📢 BIG NEWS! We're taking action to protect renters from bad-faith landlords. It’s great to see this move forward. It’s going to make a big difference in the lives of so many.
Hard core socialism at play!! Canada is going towards black hole. No coming back it seems
📢 BIG NEWS! We're taking action to protect renters from bad-faith landlords. It’s great to see this move forward. It’s going to make a big difference in the lives of so many.
Same repeated theory applied! Everything is related to "underconsumption"
4/9 absorbing global excess savings. Because in a globalized world, shifts in one economy must be matched by the opposite shifts among its trade partners, one consequence is that more open economies automatically import industrial policy from more interventionist economies.
Leftism
A brief history of MMT's recent track record: Apr 2021: "Don't worry about inflation. It's transitory!" Dec 21: "Inflation is still transitory, but corporate greed is keeping it high. We need price controls!" Feb 22: "It's still transitory! Because supply chains! And Ukraine!"…
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