Off hand, I can't formalize the game theory of 3, but I get the point. In the absence of extant alternatives to relying on the US for various things (military, currency, export market, etc.), the US has a bunch of untapped bargaining power.

Likely, that bargaining power has remained untapped to prevent the other players from seeking those alternatives, though.

Could be worse

@grayruby's recent and well-deserved cricket misfortune has convinced me to make sure I get my pick in.

Gimme them Duke boys.

It's basically the price of living in America. When everyone can reasonably expect to earn that sort of money, the labor costs of all goods and services go up dramatically.

Many Americans retire to other countries, because their savings go so much further there.

I think most of the Virginia Schoolers are at George Mason currently, which has a significant Austrian presence as well.

Sort of. It's screaming reduced demand, but that might just be a reflection of reduced transportation amidst higher tariffs, rather than a general economic forecast.

I get it. My point is that someone like Caplan agrees with the Austrian approach, but not some of the particulars, and it's both Austrians and economists like Caplan who do Public Choice work.

There's not really a whole school of thought covering all of these people. Although, I think some of them do refer to it as the Virginia School.

I think there are a handful of Austrian conclusions and premises that reasonable economists differ on. Bryan Caplan lays out several in his Why I Am Not an Austrian Economist.

You can agree with the overall approach, without being an Austrian. I think Public Choice basically falls into that category. You could be an Austrian and do Public Choice work, but you don't have to be (and that doesn't inherently make you unreasonable).

Proof of concept

Same logic, I'm just being more inclusive.

I agree, as far as entire schools of economic thought are concerned.

However, it's worth noting that there are other reasonable areas of economic theory that aren't explicitly Austrian. Public Choice comes to mind as an example.

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We'll see. If I fall behind @grayruby again, I'll go back to my original strategy, which didn't explicitly favor any position.

The Zoomer vote was pretty shocking.

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Ok, I have an AFL-NFL question for @grayruby.

You got it!

That hadn't been my strategy explicitly and then @grayruby of all people go ahead of me, so I switched to favoring batters.

I've seen figures like this before. IIRC, it's primarily the decline in non-diet soda consumption.

Holy crap! I thought I'd be back on top, but you rocketed past us all.

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