Comments by "Steve Watson" (@stevewatson6839) on "Which Economic Books do I recommend? (Patreon Qu0026A video)" video.

  1. Almost everything in a phrase: Folk are just daft. If you don't account for Man the Eejit; you won't go far in any discipline!
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  2. I like Belloc; you can't go far wrong with a million rounds of ammunition and a Maxim Gun!
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  3.  @KameradVonTurnip  I prefer sticking it to banks myself. 😉
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  4. I stick to science, philosophy verified. Most philosophy, like most economics, is bollocks.
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  5. No one is. You need folk who steelman The Stupid to get it through to folk that it IS stupid for one. More free speech is ALWAYS the answer. Censorship is NEVER the answer.
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  6.  @TheImperatorKnight  History of Economics=History of Philosophy. Neither are Economics or Philosophy; but they do tell where we came from and give you concrete examples of brilliant folk being "dumb" because they couldn't know what was then unknown.
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  7. Mellon was Treasury Secretary. "The problem of the government is to fix rates which will bring in a maximum amount of revenue to the Treasury and at the same time bear not too heavily on the taxpayer or on business enterprises. A sound tax policy must take into consideration three factors. It must produce sufficient revenue for the government; it must lessen, so far as possible, the burden of taxation on those least able to bear it; and it must also remove those influences which might retard the continued steady development of business and industry on which, in the last analysis, so much of our prosperity depends. Furthermore, a permanent tax system should be designed, not merely for one or two years nor for the effect it may have on any given class of taxpayers but should be worked out with regard to conditions over a long period and with a view to its ultimate effect on the prosperity of the country as a whole. These are the principles on which the Treasury's tax policy is based, and any revision of taxes which ignores these fundamental principles will prove merely a makeshift and must eventually be replaced by a system based on economic rather than political considerations." "I have never viewed taxation as a means of rewarding one class of taxpayers or punishing another. If such a point of view ever controls our public policy, the traditions of freedom, justice and equality of opportunity, which are the distinguishing characteristics of our American civilization, will have disappeared and in their place we shall have class legislation with all of its attendant evils. The man who seeks to perpetuate prejudice and class hatred is doing America an ill service." Read him. Greider writes for "Rolling Stone"; don't read him.
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  8.  @TheImperatorKnight  Recommend authors; not texts. Job jobbed.
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  9.  @TheImperatorKnight  🤣🤣🤣. So much for economics being "The Dismal Science"!!! It is often down to the teacher; not what is being taught.
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  10.  @TheImperatorKnight  Keep doing that; it shows folk are actually paying at least SOME attention! 😉
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  11.  @TheImperatorKnight  Curiously both the Bible and Economics have to have most of their content binned to get to anything that is actually true!
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  12. LSE - Lunatic Stupid Education. The place is overun with mongs.
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  13. Von Mises and Rothbard almost invariably get a mention in Lewis' eco vids, or anytime an eco point comes up really; if not in the actual vid, you'll find them in his bibliography for the video.
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