ancap has never been tried

I’m not even an an cap but I respect an caps

Boom and bust cycles are a result of supply-side economics. Every time we cut taxes and deregulate there is a crash.

And seniors have Medicare

@Neco2040 no we don’t

Tax cuts don’t cause recessions

Tax cuts don’t and never will cause recessions

What cause recessions are credit expansions

And loose monetary policies

Not deregulation

It was regulation in 2008 that caused the crash

Seniors having Medicare is nothing to do with hospital waiting times.

@bandit yeah but the most free market economies do the best

so lets take it to the absolute extreme

So if we free the economy up@more we do better

Well sure

The free market allocated resources the best

10/10 logic

Allocated *

Allocates

10/10 logic if anything works we need to take it to the extreme

I mean the gilded age was a good example

Working hours went down while real wages increased

The period of huge economic expansion

But there was still not a free market

ok so lets take it even further

even though it has never been tried ever

I mean I’m not for it anyways

Just a thought

I’m just against the FED, Keynesian economics

they cause boom and bust cycles

Austrians have it right

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ I know we disagree on a lot of stuff but you'd really like this study http://borisnikolaev.com/wp-content/uploads/2014/08/Economic-Freedom-and-Quality-of-Life.pdf basically goes into much greater depth about the data behind the graph you posted earlier, with the same result

Damn that’s huge

I agree with it tho

@Neco2040 Ocasio Cortez raising taxes to 70% would cause a crash

Not to mention it’s never been as high as she says

(90%)