Austin Lugo’s Reviews > Principles of Economics > Status Update

Austin Lugo
Austin Lugo is 96% done
Choosing to end the book by arguing that climate change is a hoax is truly the cherry on top of an absurdist, surreal perspective of economics
Feb 25, 2026 01:23PM
Principles of Economics

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Austin Lugo
Austin Lugo is 94% done
So governments are evil monopolies that are destroying sociey but monarchy are small family businesses that deserve our support?
Feb 24, 2026 03:18PM
Principles of Economics


Austin Lugo
Austin Lugo is 93% done
Arguing that Chicago would be safer if taxes could be abolished and instead spent on private security is like arguing the ocean would be safer if there wasn't any water. Yeah, it'd be safer for the people who don't care about water (those not in danger of violence in the first place). But the people who need the most do not pay taxes because they are below the poverty line. This will only make the rich richer
Feb 24, 2026 02:58PM
Principles of Economics


Austin Lugo
Austin Lugo is 92% done
The author argues the government acts as a monopoly, and it can, but even a skimming of Adam Smith would prove to the author that monopolies are a natural part of capitalism, and it is the job of the government to break these monopolies, without the government, monopolies are inevitable
Feb 24, 2026 02:38PM
Principles of Economics


Austin Lugo
Austin Lugo is 91% done
There's this delusional idea that government has been forced upon the people, rather than the natural progression of all societies. The author would benift from readinf why governments exist, because, shockingly, we do need them
Feb 24, 2026 02:32PM
Principles of Economics


Austin Lugo
Austin Lugo is 90% done
Arguing that the court system should be privatized is perhaps the craziest idea I've ever read from a capitalist, this is way beyond Smith or Milton
Feb 24, 2026 01:32PM
Principles of Economics


Austin Lugo
Austin Lugo is starting
He argues that the police force should not be defunded, but privatize, because apparently only the wealthy should be protected from violence (assuming it is not the police force that enacts this violence)
Feb 24, 2026 01:19PM
Principles of Economics


Austin Lugo
Austin Lugo is starting
He argues that the police force should not be defunded, but privatize, because apparently only the wealthy should be protected from violence (assuming it is not the police force that enacts this violence)
Feb 24, 2026 01:19PM
Principles of Economics


Austin Lugo
Austin Lugo is starting
A paranoid narrative of a schizophrenic world view in which humans are completely irrational and don't make any sense but also, really, actually, all humans care about one thing and one thing only, money, and that is the only reason why anyone would ever bother to do anything at all so obviously a socialist system would never work because why would anyone do anything for the betterment of anyone else?
Feb 24, 2026 05:57AM
Principles of Economics


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