Jonathan Newman @NewmanJ_R Twitter profile

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Jonathan Newman

1 year

Ludwig the Builder is here! This book uses Mises's master builder analogy to teach Austrian business cycle theory with fun pictures and characters. There is a short explanation at the end, too. I hope you like it!

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Last Seen Profiles

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Jonathan Newman

@NewmanJ_R

2 years

There it is.

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Jonathan Newman

@NewmanJ_R

3 years

Can we write off unrealized capital losses?

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Jonathan Newman

@NewmanJ_R

3 years

"If you homeschool your kids, they won't be properly socialized."

Clarity

@covid_clarity

3 years

Kids at Wildwood Elementary in Minnesota practice the "zombie walk" to keep them safe as they go to the cafeteria.

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Jonathan Newman

@NewmanJ_R

3 years

I'm old enough to remember when vaccine mandates were a crazy conspiracy theory.

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Jonathan Newman

@NewmanJ_R

10 months

Five of the top ten richest counties in the US are ones just north of Richmond, VA. They must be very productive, with lots of natural resources and skills aligned with what consumers demand.

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Jonathan Newman

@NewmanJ_R

3 years

Mises destroyed socialism this way: Without ownership, there is no exchange. Without exchange, there are no prices. Without prices, there is no economic calculation. Without economic calculation, production decisions are made in the dark. When that happens, basic needs go unmet.

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Jonathan Newman

@NewmanJ_R

2 years

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Jonathan Newman

@NewmanJ_R

3 months

@paulkrugman amazing how the Anti-Krugman Price Index, which only includes the things you take out of price inflation measures, has risen twice as much as average earnings since 2020

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Jonathan Newman

@NewmanJ_R

3 years

Bitcoin investing strategy: buy low, buy high.

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Jonathan Newman

@NewmanJ_R

3 years

bookshelf check

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Jonathan Newman

@NewmanJ_R

2 years

Real libertarians should quit all this infighting and go after the true enemy: Libertarians.

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Jonathan Newman

@NewmanJ_R

2 years

@nathaliejacoby1 Just be honest with yourself: you are not worried about a virus. You are relishing in a new in-group/out-group signal you can use to only associate with people in your in-group.

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Jonathan Newman

@NewmanJ_R

2 years

There is also no federal solution to money.

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Jonathan Newman

@NewmanJ_R

3 years

have we tried printing more money to help people pay all these higher prices?!

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Jonathan Newman

@NewmanJ_R

2 years

Does anybody know Paul Krugman's fax number? I want to send him some memes from the internet.

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Jonathan Newman

@NewmanJ_R

7 months

Mises destroyed socialism this way: Without ownership, there is no exchange. Without exchange, there are no prices. Without prices, there is no economic calculation. Without economic calculation, production decisions are made in the dark. When that happens, basic needs go unmet.

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Jonathan Newman

@NewmanJ_R

2 years

Libertarians should quit all this infighting and go after the true enemy: Libertarians.

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Jonathan Newman

@NewmanJ_R

2 years

What an odd way to say it's going to get cold during these next few winter days.

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Jonathan Newman

@NewmanJ_R

2 years

@muadhrezi look at all this cOrPoRaTe GrEeD

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Jonathan Newman

@NewmanJ_R

4 months

@MazzucatoM @wef if this picture of the Last Knight of Liberalism absolutely ripping a heater gets more likes then nobody wants your "CONFIDENT & CAPABLE" totalitarianism

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Jonathan Newman

@NewmanJ_R

2 years

Inflation is not a price we pay for something good. It is theft, and the thieves use our purchasing power to inflict bad things on us.

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Jonathan Newman

@NewmanJ_R

3 years

I love this place.

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Jonathan Newman

@NewmanJ_R

3 years

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Jonathan Newman

@NewmanJ_R

1 year

Getting hard to deny significant price stability since 1992

Paul Krugman

@paulkrugman

1 year

Getting hard to deny significant disinflation happening, despite unemployment close to historic low

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Jonathan Newman

@NewmanJ_R

3 years

Real libertarians should quit all this infighting and go after the real enemy, Libertarians.

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Jonathan Newman

@NewmanJ_R

3 years

here's some OC for ya

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Jonathan Newman

@NewmanJ_R

3 years

Don't worry about 1971. We've got experts at the @federalreserve sifting through the national income statistics and price indices, perfectly balancing policy objectives, and printing exactly the right number of dollars to maximize our collective well-being.

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Jonathan Newman

@NewmanJ_R

3 years

Afghanistan should be a Keynesian utopia after 20 years of window breaking.

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Jonathan Newman

@NewmanJ_R

3 years

0% of inflation is caused by supply chain problems.

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Jonathan Newman

@NewmanJ_R

3 years

I can't stress this enough: the @federalreserve attack on the dollar is not strictly a "pump and dump" or a "grift." It's an ideologically-driven attack on the legitimacy of sound money. It's a systematic, long-term extraction of wealth from innocent people.

Dave Troy

@davetroy

3 years

I can't stress this enough: the crypto attack on the dollar is not strictly a "pump and dump" or a "grift." It's an ideologically-driven attack on the legitimacy of fiat currency, the @federalreserve , and the incumbent financial system. It is the sequel to the January 6th attack.

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Jonathan Newman

@NewmanJ_R

3 years

@jack The US government used crises as a basis and cover for doing what governments have done for millennia: debasement, coin clipping, and money printing for the purpose of surreptitious extraction of wealth from a population.

How Nixon and FDR Used "Crises" to Destroy the Dollar's Links to Gold

In 1971, Nixon used a fiscal crisis to justify severing the dollar's last connection to gold. It was the same old story: "we must vastly expand government power because of a 'crisis.'" The government...

mises.org

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Jonathan Newman

@NewmanJ_R

4 years

Socialist potluck

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Jonathan Newman

@NewmanJ_R

3 years

History prof at Bryan College, at a school-wide picnic with prospective students on campus. I love this place.

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Jonathan Newman

@NewmanJ_R

2 years

Coming 2022

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Jonathan Newman

@NewmanJ_R

2 years

Monetary choice isn't an "experiment." People were using sound money for thousands of years. Fiat money is the experiment. And that experiment is in trouble.

Noel Olinde

@TheCajunLibert1

2 years

💯 @DeAngelisCorey

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Jonathan Newman

@NewmanJ_R

1 year

Roko

@RokoMijic

1 year

Controversial take: Centrally planned economies probably work better than market economies with today's compute

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Jonathan Newman

@NewmanJ_R

3 years

A thread about how monetary expansion exacerbates income and wealth inequality.

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Jonathan Newman

@NewmanJ_R

2 years

I have a carefully curated list of people I follow, which yields a well-balanced timeline of many important perspectives.

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Jonathan Newman

@NewmanJ_R

2 years

Normalize guns in Christmas card family photos.

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Jonathan Newman

@NewmanJ_R

2 years

it's 2022 and economists can't call price controls stupid on twitter

Paul Krugman

@paulkrugman

2 years

Deleting, with extreme apologies, my tweet about Isabella Weber on price controls. No excuses. It's always wrong to use that tone against anyone arguing in good faith, no matter how much you disagree — especially when there's so much bad faith out there.

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Jonathan Newman

@NewmanJ_R

2 years

White pill

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Jonathan Newman

@NewmanJ_R

2 years

@DJSkullfetish Why does California get that little extra corner?

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Jonathan Newman

@NewmanJ_R

3 years

People who lost their private keys are the ultimate hodlers.

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Jonathan Newman

@NewmanJ_R

3 years

On any given issue, I probably trust the gut reaction of a guy in rural Tennessee with a rusted truck on blocks and some chickens running around in his yard more than the deliberations of experts on TV news.

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Jonathan Newman

@NewmanJ_R

2 years

On any given issue, I trust the gut reaction of a guy in rural Tennessee with a rusted truck on blocks and some chickens running around in his yard more than the deliberations of "experts" on TV news.

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Jonathan Newman

@NewmanJ_R

7 months

"Lord Keynes once scoffed at criticisms by free-market economists that his inflationist policies would be ruinous in the long run; in his famous reply, he chortled that 'in the long run we are all dead.' But now Keynes is dead and we are alive, living in his long run." - Rothbard

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Jonathan Newman

@NewmanJ_R

3 years

@jack Everything published by the Mises Institute is available for free online at . Great organization, wonderful people.

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Jonathan Newman

@NewmanJ_R

3 years

The difference between NPR and stilletto Crocs is that I can choose to not pay for the stilletto Crocs.

NPR

@NPR

3 years

CaPitAliSm bReEds InNovAtiOn

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Jonathan Newman

@NewmanJ_R

2 years

@shaunking Did you really expect this to be a gotcha?

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Jonathan Newman

@NewmanJ_R

5 months

Your Phillips Curve, sir.

Paul Krugman

@paulkrugman

5 months

Dude, where's my recession? In 2023 we gained 2.7 million jobs and saw inflation plunge with no significant rise in unemployment. Doomsayers should be engaging in some significant soul-searching.

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Jonathan Newman

@NewmanJ_R

3 years

Look at October 1923.

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Jonathan Newman

@NewmanJ_R

2 years

i was told inflation was ackchually a good thing

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Jonathan Newman

@NewmanJ_R

3 years

Central banks. Reserve requirements. Capital requirements. Gold confiscation. FDIC. Glass-Steagall. Bailouts. Bretton Woods. Ending Bretton Woods. Basel I, II, III. Discount window. Dodd-Frank. All post hoc band aids for an inherent problem with fractional reserve banking.

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Jonathan Newman

@NewmanJ_R

1 year

should I be happy or sad that my summary of mises is being attributed to mises?

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Jonathan Newman

@NewmanJ_R

2 years

All you people have been tricked into thinking mass formation psychosis is a real thing.

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Jonathan Newman

@NewmanJ_R

2 years

It breaks my heart to see people on liberty twitter who would otherwise be friends accusing each other of being feds. What we need is transparency, open dialogue. Let's start by stating our real names (full), and all crimes committed. 👇

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Jonathan Newman

@NewmanJ_R

3 years

You should take a few minutes to appreciate the heroic and prophetic Ron Paul speaking out against the war in Afghanistan 10 years ago.

Ron Paul on Afghanistan, U.S. House Floor, 03/17/11

On Thursday, March 17, 2011, Congressman Ron Paul spoke on the U.S. House floor in support of legislation to bring troops home from Afghanistan by December 3...

www.youtube.com

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Jonathan Newman

@NewmanJ_R

2 years

I've taught thousands of students Austrian econ because I became interested in it during Ron Paul's 2008 campaign.

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Jonathan Newman

@NewmanJ_R

2 months

@NorthmanTrader look what happens when you add M2

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Jonathan Newman

@NewmanJ_R

2 years

"Direct, overt taxation raises hackles and can cause revolution; inflationary increases of the money supply can fool the public – its victims – for centuries." - Murray Rothbard, Mystery of Banking

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Jonathan Newman

@NewmanJ_R

3 years

"If you still need a good reason to ignore the news and understand it's complete hokus crap, watch the way the news handles a subject that you know a lot about. Now remember they are that far off presenting every single subject." Wisdom from @isaacmorehouse

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Jonathan Newman

@NewmanJ_R

5 months

The purpose of the Federal Reserve is to: - expropriate real wealth from citizens and give it to the government - destabilize banking and finance but transfer the cost of failure to citizens - destroy culture, replace it with high time preference frippery - finance perpetual war

joshua steinman (🇺🇸,🇺🇸)

@JoshuaSteinman

5 months

Think deeply about this:

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Jonathan Newman

@NewmanJ_R

3 years

i n f l a t i o n

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Jonathan Newman

@NewmanJ_R

3 years

Well I hope Neil Young will remember A southern man don't need him around anyhow

BrooklynVegan

@brooklynvegan

3 years

Neil Young calls concerts “super-spreader events" and "irresponsible Freedom Fests” in new op-ed

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Jonathan Newman

@NewmanJ_R

2 years

@NYCMayor No thank you. I'm very happy where I am.

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Jonathan Newman

@NewmanJ_R

3 years

Biden falling asleep during some boring climate speech is pretty based actually.

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Jonathan Newman

@NewmanJ_R

3 years

The market is cooperation that sometimes looks like conflict. The state is conflict that sometimes looks like cooperation.

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Jonathan Newman

@NewmanJ_R

3 years

Hope you all saved your 16¢ from the Biden administration's Fourth of July cookout menu!

Battle Beagle

@HarmlessYardDog

3 years

Economic Fortification

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Jonathan Newman

@NewmanJ_R

1 year

You need to be teaching your kids economics. You need to be inoculating them against Keynesian junk. You need to tell them about the broken window fallacy. You need to tell them about Mises, Rothbard, Bastiat, and Hazlitt. You need to encourage entrepreneurship and bold action.

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Jonathan Newman

@NewmanJ_R

3 years

We don't deserve him.

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Jonathan Newman

@NewmanJ_R

2 years

Thanks @mises !

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Jonathan Newman

@NewmanJ_R

2 years

Paul Krugman

@paulkrugman

2 years

It's morning in America, with the fastest full-year growth since 1984. I'm sure this is bad for Biden.

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Jonathan Newman

@NewmanJ_R

2 years

Remember that inflation does not affect everyone the same. Every cent you pay in higher prices before your own income increases represents a redistribution of your own wealth to those earlier in the Cantillon effect chain.

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Jonathan Newman

@NewmanJ_R

2 years

why would you abandon the gold standard it's literally the gold standard of monetary systems

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Jonathan Newman

@NewmanJ_R

3 years

Why would monetary choice threaten the US dollar?

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Jonathan Newman

@NewmanJ_R

4 years

@GeorgieSmyth @cbcnewsbc At what point did you realize "I spent hours watching people going about their lives doing normal things, hoping bad things would happen to them"?

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Jonathan Newman

@NewmanJ_R

3 years

FDR destroyed pigs so that the price of pork wouldn't drop too low, while people were starving.

Derek I Jones

@dake_j

3 years

@BerkBerkGaming @tomwatson Because he pulled us out of the Great Depression, and despite the internment camps, is still considered one of the best presidents...

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Jonathan Newman

@NewmanJ_R

8 months

"It is no coincidence that the century of total war coincided with the century of central banking." - Ron Paul

Adam Tooze

@adam_tooze

8 months

Janet Yellen: 'We can certainly afford two wars'. It is really just a matter of coming up with "funding" which is really just a matter of Congressional GOP getting their act together. In a foxhole fiat money logic turns partisan!

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Jonathan Newman

@NewmanJ_R

1 year

Merry Christmas to me!

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Jonathan Newman

@NewmanJ_R

3 years

when I ask an easy question and call on the student in the back who hasn't paid attention all class

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Jonathan Newman

@NewmanJ_R

1 year

@thembercleav Then quit your job, make 3,000/hour and sell them to the company.

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Jonathan Newman

@NewmanJ_R

3 years

Why not $200,000,000 recurring monthly checks?

Ayanna Pressley

@AyannaPressley

3 years

The people deserve, demand and require $2,000 recurring monthly survival checks.

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Jonathan Newman

@NewmanJ_R

3 years

boss

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Jonathan Newman

@NewmanJ_R

3 years

I don't see a peaceful way for Australia and New Zealand to unwind their covid policies. It will end badly because they will continue to double down on zero covid, even though it is endemic.

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Jonathan Newman

@NewmanJ_R

3 years

Experts say fiat money and its consequences have been a disaster for the human race.

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Jonathan Newman

@NewmanJ_R

11 months

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Jonathan Newman

@NewmanJ_R

9 months

@profstonge

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Jonathan Newman

@NewmanJ_R

3 years

I highly recommend you try rural, small town life, especially if you have kids.

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Jonathan Newman

@NewmanJ_R

1 year

"If the central planners had prices, yeah I know the prices couldn't exist, but if they had the same thing as prices but not prices, or, you know, the same information as prices and planners who are incentivized to use them in the same way as the market, then they could conceivab

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Jonathan Newman

@NewmanJ_R

1 year

@RBReich Robert Reich Robert Reic Robert Rei Robert Re Robert R Robert Rober Robe Rob 😧

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Jonathan Newman

@NewmanJ_R

3 years

what an opening paragraph

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Jonathan Newman

@NewmanJ_R

2 years

It's as if they are intentionally saying the things—the exact same string of words—that got people banned from social media just 6 months ago, just to gloat.

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Jonathan Newman

@NewmanJ_R

2 years

I hate everything about these.

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Jonathan Newman

@NewmanJ_R

2 years

“One can say without exaggeration that inflation is an indispensable means of militarism." - Mises

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Jonathan Newman

@NewmanJ_R

2 years

Yeah, I wonder what happened in 1971... Also, check out the Gini trends before and after:

Paul Krugman

@paulkrugman

2 years

The great disinflation after the 1970s was associated with soaring, not falling, inequality — mostly not causal, but hardly supportive of the claim 3/