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balance Sophisms

Structured rebuttals to common false economic and political narratives

account_balance Society Is Us. The State Is Not.

""The State, that's us.""

policy Theory of the State groups Democracy error Coercion account_balance Government payments Taxation how_to_vote Public Choice
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payments A Dividend Is Not Money Destroyed

"Billionaires prefer paying shareholders over hiring: for every euro spent on jobs, LVMH spends 239 euros on shareholders."

error_outline Economic Fallacies savings Capital business_center Entrepreneurship trending_up Market Process
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receipt_long A Low Rate on 'Economic Income' Is Not a Gift

"Billionaires are rich thanks to tax giveaways: the 378 wealthiest households pay only 2% of their economic income in tax."

error_outline Economic Fallacies payments Taxation payments Taxation home Property
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engineering Job Counts Are Not the Measure of Prosperity

"Billionaires don't create jobs: large corporations cut 173,000 positions while small and mid-sized businesses added 1.9 million."

error_outline Economic Fallacies business_center Entrepreneurship timeline Productivity engineering Labor
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history_edu Inheriting Capital Is Not Stealing It

"Billionaires have no merit: 80% of their wealth is inherited."

error_outline Economic Fallacies card_giftcard Inheritance home Property favorite Family
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query_stats No Detectable Bump Is Not 'They Don't Invest'

"Billionaires don't invest: companies whose shareholders were subject to France's wealth tax (ISF) did not invest more once it was abolished."

error_outline Economic Fallacies payments Taxation savings Capital trending_up Market Process
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trending_down A Correlation Is Not a Recession Machine

"Billionaires cause economic recessions: for every extra percentage point paid to the top 20%, GDP falls by 0.08%."

error_outline Economic Fallacies language Macroeconomics trending_up Market Process menu_book Austrian Economics
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candlestick_chart Speculation Is Not the Opposite of Usefulness

"Billionaires don't finance the real economy: 96% of financial transactions are purely speculative."

error_outline Economic Fallacies trending_up Market Process business_center Entrepreneurship savings Capital
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handshake Employees Aren't the Only Source of Value

"A business owner can only get rich off the productivity of the people he employs."

error_outline Economic Fallacies business_center Entrepreneurship savings Capital engineering Labor
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swap_horiz Working More Doesn't Create More Value

"A boss doesn't work a thousand times harder than his employees, so he doesn't deserve to earn a thousand times more than them."

error_outline Economic Fallacies diamond Subjective Value engineering Labor business_center Entrepreneurship trending_up Market Process
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balance Wealth is not a zero-sum game

"There are more rich people because there is more poverty. Zero-sum game."

error_outline Economic Fallacies compare_arrows Zero-Sum Thinking
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