Author: Curt Doolittle

http://cafehayek.com/2013/10/politics-trumps-economics.htmlPOLITICAL INCENTIVES DEFEAT ECONOMIC INCENTIVES

“….economists fail to realize what a Kafka-esque world we live in trying to engineer the perfect regulatory system while the banks involvement in the process will always dwarf ours. We should be thinking about the political process and not just the economic process. The person in the street might have a better idea of what’s important.” – Russ Roberts

But economists do not know why. (Although I do) It is because humans are necessiarly MORAL and will punish IMMORALITY at high cost. If a community is homogenous then this condition is politically and economically productive. But if a polity is diverse then this condition is politically and economically deconstructive. Because the incentive to prevent immorality is greater than the incentive to produce shared prosperity.

If this natural and uncircumventable human behavior is understood, it becomes obvious that only small homogenous polities can be marginally free and democratic.

The disorderly introduction of women into the voting pool, without a requirement for property, provided sufficient incentives to destroy the civil society, the high trust society, the nuclear family.

A friend reminds me that women, which are, empirically, more interpersonally sensitive than empirically sensitive, less politically intuitive, less politically knowledgeable, and lacking the norms and traditions of males toward politics, were largely taken advantage of by Puritans, Marxists, Postmodernists, and Totalitarian Humanists. But empirically speaking, women’s left leaning votes provided the marginal difference to dismantle western civilization.

Economists are part of the utopian fantasy of equality. This is partly because they work with gross aggregate numbers that launder our differences.