Curt Doolittle updated his status.

(FB 1553030724 Timestamp)

HOW IT’S DONE WITH ELEGANCE

by Ferdinand Pizarro

The satisfaction of preferences tend toward equilibrium in that the utility produced by the marginal satisfaction of preferences is never exceeded by the marginal cost of satisfying the preference.

Markets for goods & services function to ensure equilibrium in private-consumption of consumer-goods & by extension allocative efficiency in capital markets through the production of price signalsâ??via positva satisfaction of preference; whereas the market for rule & commons ensures equilibrium by incrementally suppressing the satisfaction of preference at the expense of peers & commons­â??via negativa elimination of externality.

Ergo, the law performs as a signaling function for the cost of preference to society (commons), allowing for the optimal satisfaction of preference under the constraint of strict-reciprocity.

— CURTD —

Curt Doolittle just going to walk thru this carefully because you usually have something very smart to say….

—“The satisfaction of preferences tend toward equilibrium in that the utility produced by the marginal satisfaction of preferences is never exceeded by the marginal cost of satisfying the preference.”—

Perfect.

—Markets for goods & services function to ensure equilibrium in private-consumption of consumer-goods & by extension allocative efficiency in capital markets through the production of price signalsâ??via positva satisfaction of preference; whereas the market for rule & commons ensures equilibrium by incrementally suppressing the satisfaction of preference at the expense of peers & commons­â??via negativa elimination of externality. “—

That’s perfect. I use “goods, services, and information” now rather than just “goods and services”.

—“Ergo, the law performs as a signaling function for the cost of preference to society (commons), allowing for the optimal satisfaction of preference under the constraint of strict-reciprocity.”—

Perfect.