Economics Professor “Deirdre” McCloskey Writes A Diversion Away from Truth at Libertarian Reason Site

DONALD MCCLOSKEY BECAME DEIRDRE MCCLOSKY SOME DECADES AGO.

Deirdre McCloskey no longer has her dick.

Wikipedia

Deirdre Nansen McCloskey (born September 11, 1942),[1] formerly known as Donald N. McCloskey, is the Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago (UIC). She is also adjunct professor of Philosophy and Classics there, and for five years was a visiting Professor of philosophy at Erasmus University, Rotterdam. Since October 2007 she has received six honorary doctorates.[2] In 2013, she received the Julian L. Simon Memorial Award from the Competitive Enterprise Institute for her work examining factors in history that led to advancement in human achievement and prosperity.[3] Her main research interests include the origins of the modern world, the misuse of statistical significance in economics and other sciences, and the study of capitalism, among many others.

I’m not going to comment on gender fluidity, women with penises, or even on how highly honored economics professors get things wrong all the time.

Instead, let’s get the flavor of Dr. McCloskey’s argument and then fire back with some common sense. In this excerpt she focuses on the auto industry.

Excerpt from McCloskey writing at Reason

The Myth of Technological Unemployment

Otherwise sensible folk are, for some reason, terrified by robots. Yet the results of automation are good overall. Workers move from wretched assembly-line jobs to better ones standing in white coats monitoring the robots, at the higher wages made possible by the higher tech. Or, even better, they move to jobs outside the auto industry, earning pay that goes further because people can buy the radically cheaper stuff the robots now make.

If their new jobs are not higher paying, it’s probably because the auto union managed to extract monopoly profits from the company, and therefore from consumers. Robert Reich, a reliable source of sweetly leftish errors of facts and ethics, declares that “the decline in unionization [of private companies] directly correlates with the decline of the portion of income going to the middle class.” But paying selected workers on the assembly line more than they can earn elsewhere, at the expense of other, sometimes poorer, workers’ ability to buy cars, is hardly an ethical formula for raising up the working class.

When a Ford plant installed robots, Walter Reuther, a long-ago president of the United Auto Workers union, is said to have asked a manager: “How are you going to get them to buy Fords?” But Reuther’s argument is fallacious. Employees of car companies are a trivial share of the car-buying public. You can’t create prosperity merely by having workers purchase from their own employers.

Reich has accused the following things of driving down American wages: “Automation, followed by computers, software, robotics, computer-controlled machine tools and widespread digitization.” But such innovations have actually raised real wages, correctly measured, because a human supplied with a better tool can produce more outputs. And the point of an economy is production for consumption, not protection of existing jobs.

Consider the historical record: If the nightmare of technological unemployment were true, it would already have happened, repeatedly and massively. In 1800, four out of five Americans worked on farms. Now one in 50 do, but the advent of mechanical harvesting and hybrid corn did not disemploy the other 78 percent.

In 1910, one out of 20 of the American workforce was on the railways. In the late 1940s, 350,000 manual telephone operators worked for AT&T alone. In the 1950s, elevator operators by the hundreds of thousands lost their jobs to passengers pushing buttons. Typists have vanished from offices. But if blacksmiths unemployed by cars or TV repairmen unemployed by printed circuits never got another job, unemployment would not be 5 percent, or 10 percent in a bad year. It would be 50 percent and climbing.

No, Professor, after a great deal of personal anguish, “displaced workers” go to work as assistant managers at Burger King. If. they. are. lucky.

In my experience in academia most (not all) professors who rise up to national prominence are Jew stooges. McCloskey, identified with Milton Friedman’s Chicago School of Economics, is a smart guy … uh … lady. But a lot of his work, if not all of it, is designed to divert attention away from the (((tribe))) pushing the levers behind the curtain.

If you want truth in economics, regular readers know that I go to Dr. Paul Craig Roberts, who observes that the American economy only produces low wage jobs. Unemployment may be low by official measures, but in reality because of dropouts in the labor force, it’s much higher than publicized.

When I first discovered Dr. Roberts, I stayed up all night reading every article archived on his site (see blogroll). I won’t be doing the same for McCloskey because he’s not willing to say anything truthful about race, white genocide, immigration, or the gutting of the white middle class. Dr. Roberts (and Pat Buchanan) are two “respectable” thought leaders willing to tell the truth, or at least a large part of it.

I conclude, sadly on my part, that Deirdre is a Jew stooge.

You and Your Work (1948 Color Social Guidance Film)

Less than 11 minutes. A young white man has a serious attitude problem. The wisdom exhibited by the guidance counselor in this film has been lost today. Watch and rediscover wisdom.

Uploaded on Jan 20, 2011

Young Frank Taylor loathes working at a shoe store, but discovers that he is doomed to hate any job unless he changes his attitude. After a motivational lecture by his high school guidance counselor, Frank looks forward to working the rest of his life selling shoes.

There’s a happy ending to this story!

Rothschild Puppet World Leaders Vow to Stick by Paris Accords without U.S.

FRANCE’S EMMANUEL MACRON TROLLING TRUMP:

LOOK AT MACRON AND MERKEL FLASH THE ILLUMINATI HAND SIGNAL.

Bloomberg

Global leaders vowed to press ahead with the Paris climate accord after Donald Trump pulled the world’s biggest economy out of the pact, and Europe’s heavy hitters rebuffed the American president’s suggestion that it could be renegotiated.

Trump said he’ll seek a better deal because the 2015 agreement isn’t fair to the U.S., which will now join Syria and Nicaragua as the only nations not participating in it. Meanwhile, from China to Chile, leaders doubled down on their Paris commitments rather than follow in Trump’s footsteps — widening a gulf between America and the rest of the world already on display at the Group of Seven’s weekend meetings.

Germany, France and Italy said they regret Trump’s withdrawal from the accord and won’t be part of his effort to change it. “We firmly believe that the Paris Agreement cannot be renegotiated, since it is a vital instrument for our planet, societies and economies,” the three governments said in a joint statement. French President Emmanuel Macron said in a televised address that “the U.S. has turned its back on the world,” and called on American climate researchers and engineers to come and work in France. “Make our planet great again,” Macron said.

It took 21 meetings among 190-odd nations to finally reach the global deal. Participants agreed to set numerical goals to limit their carbon emissions, though adherence is voluntary and there are no sanctions for failure. The aim is to rein in warming levels since industrialization to less than 2 degrees Celsius (3.6 degrees Fahrenheit).

So, the Europeans say NO to renegotiation? Trump may be playing 8D chess again. He probably doesn’t want to renegotiate anyway, preferring to focus on American jobs and factories.

Anyone remember how Obama touted solar energy and how the businesses that he financed worked out? Solyndra filed for bankruptcy in 2011.

Down with Yoga Pants offered this insight into the reality of the banking conspiracy behind the global warming scam.

You need to look beyond the EU governments to the Red Shield bankers that control both sides of the Atlantic. Then the light will come on. And quite in fact we do literally “work for” the Red Shield banks whether most people know that or not is inconsequential to the reality.

If you view governments as mere “collection agents” for the Red Shield private central banks your understanding will take yet another quantum jump upward. Governments are the taxation aka collection arm for the Red Shield banks to skim their interest take off of the money loaned to the governent.

Is it not rich that the government gets to spend the money and we plebes pay the interest and principle. What governments do with the money for the most part is of entertainment value only. Very expensive entertainment. Which of course fits with the idea that politics is show business for ugly people.

May the scales fall from your eyes.

This anology of government as the strong arm collection agency for the bankers resonates in my mind.

Cheap Bastard had this to say at the same source.

Trump knows the EU is a lost cause with misfits leading them into disaster. Of course, the leaders there don;t care if their people get screwed since they will fly away to their luxurious (well-guarded) fortress somewhere in NZ.

Even the Brexit supportes in the UK know Europe is sinking under its own corruption and rapefugee influx. When the Brits close off that Chunnel for security purposes, I will howl loudly!

Winning! European nations just got cut off from American funding of their pet projects. And every African dictator, all of whom signed on in Paris, is going to have to live with a few million less in stolen money, received after the bankers have skimmed off their share.

Paris Climate Accord: Trump Stands Up for American Sovereignty and the American Worker

WHY WOULD AMERICANS WANT THESE PEOPLE RULING OVER THEM?

Big American companies implored President Trump to stick with the Paris climate agreement. The companies included Apple, Facebook, and Google.

This afternoon, in a long awaited announcement from the White House Rose Garden, Trump kept a campaign promise when he announced that the U.S. is withdrawing from the agreement.

The New World Order suffered another crushing blow today. They will not forgive or forget. Because of the way that the agreement is structured, the American withdrawal will not take effect until 2020. That gives the globalists plenty of time to impeach or otherwise destroy Trump.

Here is a concise explanation of why the agreement was bad for America.

GLP

1. Goodbye to ‘American Last.’ The Paris agreement was basically an attempt to halt climate change on the honor system. Its only legal requirements were for signatories to announce goals and report progress, with no international enforcement mechanism. As a result, it was likely that the United States and wealthy European nations would have adopted and implemented severe climate change rules while many of the world’s governments would avoid doing anything that would slow their own economies. The agreement basically made the U.S. economy and Europe’s strongest economies sacrificial lambs to the cause of climate change.

2. Industrial Carnage. The regulations necessary to implement the Paris agreement would have cost the U.S. industrial sector 1.1 million jobs, according to a study commissioned by the U.S. Chamber of Commerce. These job losses would center in cement, iron and steel, and petroleum refining. Industrial output would decline sharply.

3. Hollowing Out Michigan, Missouri, Pennsylvania, and Ohio. The industrial carnage would have been concentrated on four states, according to the Chamber of Commerce study. Michigan’s GDP would shrink by 0.8 percent and employment would contract by 74,000 jobs. Missouri’s GDP would shrink by 1 percent. Ohio’s GDP would contract 1.2 percent. Pennsylvania’s GDP would decline by 1.8 percent and the state would lose 140,000 jobs.

4. Smashing Small Businesses, Helping Big Business. Big businesses in America strongly backed the Paris climate deal. In fact, the backers of the climate deal reads like a “who’s who” of big American businesses: Apple, General Electric, Intel, Facebook, Google, Microsoft, Morgan Stanley, General Mills, Walmart, DuPont, Unilever, and Johnson & Johnson. These business giants can more easily cope with costly regulations than their smaller competitors and many would, in fact, find business opportunities from the changes required. But smaller businesses and traditional start-ups would likely be hurt by the increased costs of compliance and rising energy costs.
Making America Poorer Again. A Heritage Foundation study found that the Paris agreement would have increased the electricity costs of an American family of four by between 13 percent and 20 percent annually. It forecast a loss of income of $20,000 by 2035. In other words, American families would be paying more while making less.

5. Much Poorer. The overall effect of the agreement would have been to reduce U.S. GDP by over $2.5 trillion and eliminate 400,000 jobs by 2035, according to Heritage’s study. This would exacerbate problems with government funding and deficits, make Social Security solvency more challenging, and increase reliance on government’s spending to support households.

The outrage is building among the globalists and the useful idiots as I write these words. Their response deserves a separate post. By definition, globalists don’t care about the United States of America. Their useful idiots don’t care either. They are virtue signaling social justice warriors for the most part.

If things work out, the U.S. is scheduled to go RED:

Black-Run South Africa’s Credit Rating Downgraded to Junk Status

PRAVIN GORDHAN. BLACK AS COAL SA PRESIDENT JACOB ZUMA FIRED HIM, WHICH ALLEGEDLY SET OFF THIS CRISIS.

The economic collapse of South Africa presages a societal collapse. How the white families left in that hellish monument to black rule will fare is anybody’s guess.

The Guardian

South Africa’s rand tumbled on Monday afternoon after credit rating agency Standard & Poor’s downgraded the country’s the credit grade to junk status, saying a cabinet reshuffle by President Jacob Zuma last week had put fiscal and growth outcomes at risk.

The agency said the downgrade reflected its view that the divisions in the African National Congress (ANC) government, especially the firing of respected finance minister Pravin Gordhan, who was replaced by an ally of Zuma last week, have put policy continuity at risk.

“In our opinion, the executive changes initiated by President Zuma have put at risk fiscal and growth outcomes,” S&P said. “The negative outlook reflects our view that political risks will remain elevated this year, and that policy shifts are likely.”

Gordhan was seen as a bulwark against corruption and as finance minister had blocked some questionable policies by other members of Zuma’s government. Since he was fired the rand has fallen against major currencies and the ruling ANC party is in turmoil.

Economists had predicted that the firing of Gordhan would hurt South Africa’s economy, which saw growth of just 0.5% last year and has an unemployment rate of about 27%. Zuma’s actions would cause South Africa to be downgraded to junk status by credit rating agencies, economists warned.

PRESIDENT JACOB ZUMA.

It makes no sense whatsoever to think that Africans can manage money. Only a white liberal would expect it. Liberal politicians will have to step in to save South Africa, their failed experiment in a multicultural African country.

Ohio Sheriff Calls on ICE to Shut Down Businesses that Hire Illegals

Local12

BUTLER COUNTY, Ohio (WKRC) – Butler County Sheriff Richard Jones has written a letter to President Trump, asking him to send Immigration and Customs Enforcement (ICE) to Ohio, specifically to his county.

In the letter, Sheriff Jones also calls for ICE to shut down businesses that hire illegal immigrants. He asks President Trump to come to Butler County, sit down with him and work on a plan to start “Work Place Enforcement”.

Sheriff Jones says he’s also tired of illegal immigrants committing crimes here, bringing in drugs and risking the health and safety of citizens “every day that this country allows them to be here”.

Sheriff Jones spoke at a Trump rally in Sharonville last July.

Stunning Evidence that the Left has Won It’s War on White Males

The source article for this post covers familiar statistical ground. On March 24, this Saboteur365 post went over the new analysis of rising American white mortality rates.

Here a mainstream conservative site presents those facts then brings up the issue of anti-white male racism. The fact that American Thinker is willing to speak to white genocide offers evidence that we are winning the war to wake people up. The left’s blatant hatred of whites makes it easier for even normally namby-pamby conservatives to write about white genocide. So does the rising mortality rate for whites.

Excerpt from American Thinker

For at least four decades, white males have been under continuous assault as bearers of “white privilege” and beneficiaries of sexism. Special preferences and privileges have been granted to other groups, but that is the least of it. More importantly, the very basis of the psychological self-worth of white males have been under attack. White males are frequently instructed by authority figures in education and the media that they are responsible for most of the evils of the modern world, that the achievements of Euro-American civilization are a net loss for humanity, stained by exploitation, racism, unfairness, and every other collective evil the progressive mind can manufacture.

Some white males are relatively unscathed by the psychological warfare, but others are more vulnerable. Those who have educational, financial, or employment achievements that have rewarded their efforts may be able to keep going as productive members of society, their self-esteem resting on tangible fruits of their work and social position. But other white males, especially those who work with their hands and have been seeing job opportunities contract or disappear, have been losing the basis for a robust sense of self-worth as their job opportunities disappear.

We now have statistical evidence that political correctness kills.

A friend comments:

This is terribly troubling. How all this has fallen outside the focus of our political debate is astonishing. This would seem to be at least as important as the issues of the day including which bathroom you can use, police abuse and who can be legally married to whom. It’s easy to understand why these people would resent the attention being paid to these issues and to the rights of the illegal immigrants.

Indeed.

Eight years of Obama in the White House pushed the white middle class and working class further down while glorifying Muslims, Chicanos, and other nonwhite illegal immigrants.

It’s not at all clear to this writer that such a broken system can ever be fixed without spilling the blood of the tyrants. Certainly, President Donald Trump should be given every chance, but in the meantime white men should be practicing their sabotage and other military skills. We still have the Second Amendment, which is more than European and Australian whites have.