Banished From the Hero's Party 3 - Wages, Entrepreneurship, Regulation, and Femininity

 

Commentary on episode 3 of Banished From the Hero's Party, with examples for wages, entrepreneurship, regulation, and a brief discussion of Femininity.

Banished from the Hero's Party Ep 2 - Economics, Military, and Politics

 

 

Continuing with the commentary on the anime "Banished From the Hero's Party". This episode was the one that originally made me decide I wanted to comment on this show, specifically because of the economic fallacies within, but upon re-watching it also had a lot to offer in terms of military strategy and politics.

Spy x Family & Bullying

 I saw this meme a couple weeks back, among the many memes about Anya punching Damian, and subsequently apologizing, which got me thinking a bit about bullying and public schools.

Inflation vs Corporate Greed

 Discussion of how basic understanding of supply, demand, equilibrium, surplus, and shortages indicate that current increases in prices are due to inflation and not corporate greed.

Referenced in this episode: 

 https://twitter.com/DanPriceSeattle/status/1493284294856425473?s=20&t=OouH65cBS_2MdzqQrZg8CA 

https://www.goodmorningliberty.us/ 

https://www.goodmorningliberty.us/post/high-prices-at-kroger-inflation-or-price-gouging 

https://fred.stlouisfed.org/series/M2SL

Banished From the Hero's Party Ep1

 

 

 

First episode of a series in which I hope to go through episodes of anime and comment on the economics, or politics of each episode from a libertarian perspective. In this episode I discuss episode 1 of "Banished From the Hero's Party, I Decided to Live a Quiet Life in the Countryside".

Timcast IRL, Journalism, and How the State Preserves Itself

 

 

 

 

In yesterday's episode of Timcast IRL, he had James O'Keefe, Andy Ngo, and Libby Emmons on to discuss the state of journalism, and it was a very interesting conversation. In this episode, I wanted to reach the chapter from Murray Rothbard's "Anatomy of the State" titled "How the State Preserves Itself" because I felt it was particularly relevant to that conversation.

Timcast IRL Episode: https://youtu.be/gpseTewbaPY

How the State Preserves Itself: https://mises.org/library/anatomy-state/html/c/33?fbclid=IwAR1RQbMKVQvvOoRFTxP93CqvR2l4zzmabxLu_b7UJ2Dm3FalHUQDTrAjXpo

Anatomy of the State: https://mises.org/library/anatomy-state/html

For a New Liberty: https://mises.org/library/new-liberty-libertarian-manifesto

MS Activision/Blizzard Acquisition

 

 

 

With the news of Microsoft acquiring (or offering to buy, I'm entirely clear on the deal) Activision/Blizzard, I thought I'd talk a little about the economics of corporate mergers and acquisitions. 

Semantics of Capitalism, and Ancap Responses to "Slave Wages"

 

 

 

I've been watching a lot of debate and commentary on debates of Socialism vs Capitalism lately, and I wanted to talk about the issue of debaters getting hung up on their conflicting definitions of capitalism, and how capitalists can resolve the disagreement. 

Ubisoft, For Honor & Profit Margins

 

 

 

I had a bit of a discussion with my friend as to whether Ubisoft might be buffing the newly released character in For Honor, Kyoshin, in order to raise sales, because if not enough people buy the character, it may have costed more to make him than they earned in sales. My friend insisted that's impossible, so I thought I'd take a look at the Income Statement for Ubisoft to is if that's true. 

 

Cost Theory and Prices/Public Education

 

 

 

In this episode I wanted to address the common belief that increased costs cause higher prices, which isn't entirely accurate, though it can, depending upon market forces, be the case. I also wanted to talk a little bit about public education, and the belief that we need to pay teachers more, which I may address further some other time.

Currency and Misconceptions About the Civil War

 

 

In this episode I wanted to address some ways in which I disagree with Tim Pool's assessment that bullets, rather than gold, would be used as currency in a post-apocalyptic scenario, and the misconception articulated by Carl Benjamin (aka Sargon of Akkad) that the Civil War was fought to end slavery. 

Austrian "opposition" to empiricism, minimum wages, and Marginal product revenue

 

 

 

Talking a little bit about claims I've seen that Austrian economists don't believe in empirical data, which is incorrect, minimum wages, and Marginal product revenue. I got a lot of the math in my Marginal product revenue example wrong, but I was working while recording and coming up with an example on the fly, so cut me some slack.

Bidenomics

 

 

 

 In this episode I just talk a bit about food shortages, gas shortages, and the problems with the Biden economy. I was going to edit out all the bits where I'm not talking because I'm working, but that will probably take hours, and I wanted to get this published asap, and I don't have the time.

Profits and the Video Game Market

 

 

 

 In this episode I wanted to talk about video game markets, how, and possibly why, they seem to be able to ignore basic economic principles.

Rambling on the Marginal Theory of Value

 

 

A bit of Rambling on the Marginal Theory of Value, as applied to the pricing of T- Shirts. I probably don't get a lot of this right, but I just wanted to get my thoughts on this down for now, and maybe elaborate on it later. 

Reason Podcast vs Vaccine Skeptics

 

 

In this episode I wanted to address a recent episode of the Reason Podcast, in which they claim that the lack of FDA approval for vaccine should be reason for libertarians to approve of vaccines.