In this video, I discuss an economics video from Second Thought, so bafflingly stupid it is genuinely impressive

Website: https://www.actualjusticewarrior.com/

https://linktr.ee/ActualJustice

Odysee: https://odysee.com/@actualjusticewarrior:2

Rumble: https://rumble.com/ActualJusticeWarrior

Instagram NEW: https://www.instagram.com/actualjustice/

Twitch: https://www.twitch.tv/actualjusticewarrior

2nd Channel: https://www.youtube.com/ajw2dreamscometrue

TeeSpring Store: https://teespring.com/stores/actualjusticewarrior

New Store: https://actualjusticewarrior.myspreadshop.com/

https://www.minds.com/actualjusticewarrior

Support me on Patreon: https://www.patreon.com/SeanFitzgerald

Paypal: https://www.paypal.me/Iamsean90

Venmo: https://venmo.com/iamsean90

Support me on Subscribe Star: https://www.subscribestar.com/seanfitzgerald

Gab: https://gab.com/Iamsean90

Twitter https://twitter.com/iamsean90

Backup Twitter https://twitter.com/AJWSean

Bitchute: https://www.bitchute.com/actualjusticewarrior/

Discord: https://discord.gg/c7PGFFp

3rd: https://www.youtube.com/user/DudeMonkeyHQ

Podcast Links:

Spotify: https://open.spotify.com/show/1o0q86AVIzH1ZhCl8pe3du?si=e260b6ab98d64e74

Apple: https://podcasts.apple.com/us/podcast/actual-justice-warrior/id1637748971

0:00 Intro

4:10 Second Thought Unfounded Assertions

9:08 Grand Economist Conspiracy

11:53 Zero Sum Economics Debunked

17:01 Second Thought DENIES Supply & Demand

31:54 Second Thought Doesn't Get Discount Functions

39:54 Second Thought Doesn't Get Pricing

42:32: Chilean Economic Miracle

51:09 Second Thought Praises Slums

Sources:

Original Video: https://youtu.be/rPLrBWXViH8?si=M-vmxoT4MC9BIX0h

Some Reading On Chile: https://www.cato.org/blog/chiles-success-story-difficult-deny

How Chile Saved Social Security: https://www.cato.org/policy-report/july/august-1995/success-chiles-privatized-social-security

History Of Chile Econ: https://manifold.bfi.uchicago.edu/read/a-monetary-and-fiscal-history-of-latin-america-1960-2017/section/71c11e3e-491d-48e8-a1b5-28f54da11951#:~:text=In%20aggregate%20terms%2C%20the%201960,values%20observed%20in%20Allende's%20government.

Venezuela Toilet Paper Shortage: https://slate.com/news-and-politics/2015/02/venezuela-is-running-out-of-toilet-paper.html

Lysenkoism Reading: https://ethos.lps.library.cmu.edu/article/id/560/

Peru Titling Improvements In Child Labor: https://scholar.harvard.edu/files/field/files/field_cofopri_qje.pdf

China GDP Property Rights: https://www.researchgate.net/figure/GDP-of-China-from-1952-to-2005_fig1_332413853

China Hong Kong Taiwan GDP Per Capita Chart: https://commons.wikimedia.org/wiki/File:GDP_per_capita_in_Hong_Kong,_Taiwan_and_Mailand_China.svg

Simple Explanation of Discount Functions: https://dhjj.com/understanding-the-discount-rate-in-business-valuation/

Peru Uses Land Titling To Protect Native Tribes & The Amazon: https://www.pnas.org/doi/10.1073/pnas.1603290114

#SecondThought #Economics #IamSean90

FAIR USE NOTICE

This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.

Second Thought Makes THE WORST Economics Video EVER

Actual Justice Warrior