It will probably be something like "the policies did not go far enough." As Ludwig von Mises wrote in his book "Interventionism: An Economic Analysis": "The fact that the system functions poorly is blamed exclusively on the law that does not go far enough […]. The very failure of interventionism reinforces the layman’s conviction that private property must be controlled severely"
I am so glad and grateful that I was enrolled in your Economics course for my MBA back in 2002. As this is what led me to subscribe here and help me to understand further the forces, or invisible forces at play in the marketplace and politics
Dave, Thank you for the kind note. Those Saturday morning classes were always a treat. You and your classmates were very memorable for your warm personalities and commitment to lifelong learning. I'm honored to be still working with you.
Sadly Barry I think the conAhrtist (a rapper? a muslim that marches in gay pride parade? whut?!) who I call ManiPedi...will win. Who else is there now? (Nobuddy likes Silwa who'd git mah vote if we hadn't gotten outta Dodge)
Dunno WHAT it'll take ta wake up the voters thar. 'Twas mah once-beloved hometown now da trooly RottenApple an' as responsible parents not wantin' to live in what wuz turnin' apocalyptic daily we just had ta git out. Still stuck w/NYSchtate taxes an' a long list of things keepin' us here (yer statistics fer NY are depressin' as all git-out) BUT at LEAST we left NYSeized an' aren't so worried 'bout safety or the same quality of life issues... May not return as it may be beyond repair... sad ta say.
Tho' I think the young'uns might be too brainwarshed ta THINK, my hubby & I were postulatin' WHAT it might take ta wake up the mindless. Answer ain't purdy tho. I won't go inta the gory deets of our conclusions but we agreed that when MyGrunts & Sleeper Cell boyz knock out the doormen an' start draggin' off folks from their Upper West (East too?) Side appts. by their well-coiffed an' frosted pony tails whilst screamin' "All-a-Hoo-Awk-Bar" then MEBBE it'll be a wake up call... if they survive the beatin' an' the takin' over of their co-ops.
A good piece on a "Collective Market" in Salem from Naomi Wolf....
Funny story, so back in the 90's I used ta work with a lotta lovely Soviet "refusniks" (my younger'un still studies voice with 'em, now remotely) an' many were indeed just gobsmacked at our abundance.
One Russian friend wanted ta show me that once here da exRusskies did the Yankees one better an' proudly invited me to a few of the most cornucopic wondrous food emporiums on the planet (an' a couple'a cornucopic supper clubs too lol) I wuz smitten! (Made sure an' took my kiddos every so of'n too) LOOKEE! Photos don't do it justice--it's like the Macy's of food--GREAT food! homemade fresh stuff...organic too! An' methinks if it didn't sell what they make--an' they sure do!--they would NOT be such a success ;-) Makes Zabars look positively anemic! (egads, I HOPE MadManiPedi won't git his tenderhooks on this place)
Daisy, I'm afraid you are correct, and if the economy crashes, the mindless evil will spread beyond NYC.
I know you have good reasons for being in New York State, but if those reasons ever change, New Hampshire, the freest state in North America, is just a few hundred miles away. The relative poverty in Vermont and Maine (states that border NH) is astonishing.
Fortunately for NH, New Yorkers mostly prefer Vermont.
I hear ya Barry an' 'twer it my cherce I'd live free or die an' ditch NewYawk fully... may heppen one day but we gotta a lotta movin' parts here. Meantime indeed Vermont is as insane as The Rotten Apple with the monied "gentry" just as off the deep end with TDS an' "fierce" trans kiddos an' solar POWer'd self righteousness. Sadly we got "canceled" by some exNewYawkers that relocated ta the fambly estate in VT. (sad too, no?)
Anybuddy that's lived under communism that I've met in all mah daze was THRILLED with America's once proud life under capitalism warts 'n all....now all that's left is the warts an' it's lookin' lots like the USSR! worst nightmare it will spread waaay beyond the sad 'n sorry NYC... never would 'a thunk... but Bezmenov & others had given us all fair warnin'!
ps seems I wuzn't all that off the mark sayin' that until "Yupper" West Siders had their "Classic 7's" invaded so ta speak they wouldn't see the "light" bout MadMani (I spoke of knockin' out the doorman an' literally takin' over their apts...only HALF jokin' an' then Libs of Tik Tock found this WHOPPER!)
An' Bernie Sanders supports THIS?! (notta fan, but the man's gotta few workin' brain cells--or did once; AOC the "Live Bait" Barmaid who answerd an ad....her supportin' NYC goin' Red--I git lol)
I don’t fear “socialism.” Not in New York City. This city chews up ideologies the way it chews up storefronts—fast, loud, and without apology. What Mamdani’s selling isn’t a revolution; it’s stagecraft. A sleight of hand for disaffected grad students and wistful podcasters. The man even looks like a magician—thin tie, earnest stare, waving his wand over zoning laws like he’s summoning justice from a top hat.
Let’s be honest: whether he wins or not is irrelevant. I’ve got nothing against him personally. In fact, I kind of hope he wins—just to watch his spell fizzle under the fluorescent lights of city bureaucracy. The moment he tries to redistribute a luxury tax, he’ll find himself buried under an avalanche of lawyers in bespoke suits who smell blood and bill by the hour.
The real comedy? A few inconvenienced millionaires holding their breath, convinced this man is going to vanish their fortune with a slogan. Relax. The only thing disappearing will be the illusion that anyone can bend Manhattan to their will. Ask the ghosts of every idealist who tried.
The only mystery is how those on the left will spin the failure of Mamdani's policies.
It will probably be something like "the policies did not go far enough." As Ludwig von Mises wrote in his book "Interventionism: An Economic Analysis": "The fact that the system functions poorly is blamed exclusively on the law that does not go far enough […]. The very failure of interventionism reinforces the layman’s conviction that private property must be controlled severely"
That’s an oldie but a goodie. I’m partial to the “it would have worked if the evil capitalists hadn’t sabotaged it” excuse.
The same way they spun the disasters in California.
I am so glad and grateful that I was enrolled in your Economics course for my MBA back in 2002. As this is what led me to subscribe here and help me to understand further the forces, or invisible forces at play in the marketplace and politics
Dave, Thank you for the kind note. Those Saturday morning classes were always a treat. You and your classmates were very memorable for your warm personalities and commitment to lifelong learning. I'm honored to be still working with you.
I live in New York State, but it could be worse—I could live in New York City! 🤣
Sadly Barry I think the conAhrtist (a rapper? a muslim that marches in gay pride parade? whut?!) who I call ManiPedi...will win. Who else is there now? (Nobuddy likes Silwa who'd git mah vote if we hadn't gotten outta Dodge)
Dunno WHAT it'll take ta wake up the voters thar. 'Twas mah once-beloved hometown now da trooly RottenApple an' as responsible parents not wantin' to live in what wuz turnin' apocalyptic daily we just had ta git out. Still stuck w/NYSchtate taxes an' a long list of things keepin' us here (yer statistics fer NY are depressin' as all git-out) BUT at LEAST we left NYSeized an' aren't so worried 'bout safety or the same quality of life issues... May not return as it may be beyond repair... sad ta say.
Tho' I think the young'uns might be too brainwarshed ta THINK, my hubby & I were postulatin' WHAT it might take ta wake up the mindless. Answer ain't purdy tho. I won't go inta the gory deets of our conclusions but we agreed that when MyGrunts & Sleeper Cell boyz knock out the doormen an' start draggin' off folks from their Upper West (East too?) Side appts. by their well-coiffed an' frosted pony tails whilst screamin' "All-a-Hoo-Awk-Bar" then MEBBE it'll be a wake up call... if they survive the beatin' an' the takin' over of their co-ops.
A good piece on a "Collective Market" in Salem from Naomi Wolf....
https://naomiwolf.substack.com/p/letter-from-salem-ma?
Funny story, so back in the 90's I used ta work with a lotta lovely Soviet "refusniks" (my younger'un still studies voice with 'em, now remotely) an' many were indeed just gobsmacked at our abundance.
One Russian friend wanted ta show me that once here da exRusskies did the Yankees one better an' proudly invited me to a few of the most cornucopic wondrous food emporiums on the planet (an' a couple'a cornucopic supper clubs too lol) I wuz smitten! (Made sure an' took my kiddos every so of'n too) LOOKEE! Photos don't do it justice--it's like the Macy's of food--GREAT food! homemade fresh stuff...organic too! An' methinks if it didn't sell what they make--an' they sure do!--they would NOT be such a success ;-) Makes Zabars look positively anemic! (egads, I HOPE MadManiPedi won't git his tenderhooks on this place)
https://tinyurl.com/uaeree7r
https://tinyurl.com/45hvp6ya
https://stores-goods.com/New_York/Brooklyn/Brighton_Bazaar
Daisy, I'm afraid you are correct, and if the economy crashes, the mindless evil will spread beyond NYC.
I know you have good reasons for being in New York State, but if those reasons ever change, New Hampshire, the freest state in North America, is just a few hundred miles away. The relative poverty in Vermont and Maine (states that border NH) is astonishing.
Fortunately for NH, New Yorkers mostly prefer Vermont.
I hear ya Barry an' 'twer it my cherce I'd live free or die an' ditch NewYawk fully... may heppen one day but we gotta a lotta movin' parts here. Meantime indeed Vermont is as insane as The Rotten Apple with the monied "gentry" just as off the deep end with TDS an' "fierce" trans kiddos an' solar POWer'd self righteousness. Sadly we got "canceled" by some exNewYawkers that relocated ta the fambly estate in VT. (sad too, no?)
Anybuddy that's lived under communism that I've met in all mah daze was THRILLED with America's once proud life under capitalism warts 'n all....now all that's left is the warts an' it's lookin' lots like the USSR! worst nightmare it will spread waaay beyond the sad 'n sorry NYC... never would 'a thunk... but Bezmenov & others had given us all fair warnin'!
Exactly, we have had fair warning.
"solar POWer'd self righteousness." Hilarious! Thank you for the laugh!
ps seems I wuzn't all that off the mark sayin' that until "Yupper" West Siders had their "Classic 7's" invaded so ta speak they wouldn't see the "light" bout MadMani (I spoke of knockin' out the doorman an' literally takin' over their apts...only HALF jokin' an' then Libs of Tik Tock found this WHOPPER!)
https://x.com/libsoftiktok/status/1942598177263140923
"A man of ideas..." for that he gits credit!
(such ideas! worthy of Stalin & Mao!)
Wow, Daisy. Scary that such ideas are mainstream in NYC.
indeed... he totally would've been dismissed not even all that long ago...
Here he's talkin' "abolishin' all private property!" -- soundin' like a Marxist 2 me....
https://rairfoundation.com/mamdanis-marxest-comments-abolishing-private-property-resurface-hes/
An' Bernie Sanders supports THIS?! (notta fan, but the man's gotta few workin' brain cells--or did once; AOC the "Live Bait" Barmaid who answerd an ad....her supportin' NYC goin' Red--I git lol)
I suspect Mamdani does understand the stupidity of what he's proposing. He doesn't care how it affects anyone except himself.
I don’t fear “socialism.” Not in New York City. This city chews up ideologies the way it chews up storefronts—fast, loud, and without apology. What Mamdani’s selling isn’t a revolution; it’s stagecraft. A sleight of hand for disaffected grad students and wistful podcasters. The man even looks like a magician—thin tie, earnest stare, waving his wand over zoning laws like he’s summoning justice from a top hat.
Let’s be honest: whether he wins or not is irrelevant. I’ve got nothing against him personally. In fact, I kind of hope he wins—just to watch his spell fizzle under the fluorescent lights of city bureaucracy. The moment he tries to redistribute a luxury tax, he’ll find himself buried under an avalanche of lawyers in bespoke suits who smell blood and bill by the hour.
The real comedy? A few inconvenienced millionaires holding their breath, convinced this man is going to vanish their fortune with a slogan. Relax. The only thing disappearing will be the illusion that anyone can bend Manhattan to their will. Ask the ghosts of every idealist who tried.