Author: Curt Doolittle

CONVERTING THE EXPERIENTIAL TO THE OPERATIONAL TO THE CAUSAL

(deep)(example of why we need operationalism and propertarianism)

What is the definition of a ‘market’?

Peeling away layers of human intellectual crutches to find the truth.

My point is to question whether:

1) Norm (reduction of transaction costs),

2) Location (actually: density necessary to decrease opportunity costs), and;

3) Exchange (actually the transfer of control according to normative rules sufficient to decrease transaction costs);

In which exchange assumes:

4) property, and property assumes family structure, and family structure assumes inheritance, and all of which assume division of labor, which in turn assumes a population, and structure of production available to it.

So, just as an example, why isn’t the definition of a market a set of normative habits, that are the results of the structure of production, and the structure of the family, in relation to the nearby competitors, that encourage people to act and engage in distributed production and consumption, by reducing production costs through division of labor, opportunity costs through proximity and transaction costs through consensus rituals, such that production is rational to engage in, despite the ever decreasing knowledge of particulars, and increasing dependence upon prices alone?

Something of that nature.

I think what has been troubling me is the state-fulness ( not as in corporeal but as in fixed properties at a position in time) rather than the conditions that must be overcome in order for us to participate in rational action when we possess so little information.

And I am trying to figure out how to capture the causal properties rather than the mere names of observations. We humans are fascinated by experiences, but we possess those experiential stimuli because it is necessary for us to acquire, and helpful for us to acquire through cooperation. So any experiential definition is circular. What then, is the cause prior to our experience?

Reduction of production costs, reduction of opportunity costs, reduction of transaction costs, and through reduction of those costs we act according to the least effort to us.

Our experiences merely reward us for the exploitation of, and construction of the means, of such cost reductions.

WE JUST FOLLOW GRAVITY.

Cheers