“INEQUALITY IS THE PRICE OF DIVERSITY” Now some people have tried to argue other

“INEQUALITY IS THE PRICE OF DIVERSITY”

Now some people have tried to argue otherwise, but they confuse the market with the political and normative. AGGREGATES ARE DECEPTIONS. Aggregates launder causality.Causality in human affairs consists of people following incentives in real time, where those incentives are, at any moment, more or less probable. And people are quite simple following their incentives:

INCENTIVE SELECTION

1) The Greatest Reward

2) In the shortest time.

3) At the least effort.

4) At the lowest risk.

5) With the greatest certainty.

ANOTHER PROPERTARIAN LESSON : CLEARING THE NETWORK OF PREFERENCES

People do not order their preferences. The evaluate the weights of any action in CLEARING a set of preferences. They evaluate the set of any actions in clearing further preferences.

ANOTHER PROPERTARIAN LESSON : THE STATUS ECONOMY

1) Status is the human economy, and money is just a vehicle for it.

2) Loss aversion for status is higher than any other loss aversion other than life, limb and offspring. Money isn’t as important as status. Status gets one access to opportunity.

3) STATUS SIGNALS in group are CHEAPER to get an maintain than status signals across groups.

That last bit is why diversity doesn’t work.


Source date (UTC): 2013-10-20 07:44:00 UTC

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