Causality, like all human concepts, is a product of the necessity of humans to act, in order to alter the course of events, so that they can consume the difference. Causal understanding is then bounded by human perceptive ability, processing power, in real time. And from this perspective, whether something is causally replicable on one end, or correlatively positive but causally uncertain at the other end, is only as relevant as the cost and risk of the actions necessary to achieve the outcome. We often confuse truth in the abstract, with truth-for-action. Truth in the abstract is a metaphysical tautology. Truth-for-action is simply scientifically pragmatic. Evolution works by trial and error, and so do we.
Author: Curt Doolittle
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A Propertarian Analysis Of The Libertarian-Conservative Spectrum
A Propertarian Analysis Of The Libertarian-Conservative Spectrum.
http://www.capitalismv3.com/2012/02/26/big-l-versus-little-l-libertarianism-defined/
Source date (UTC): 2012-02-27 15:36:58 UTC
Original post: https://twitter.com/i/web/status/174156073492680704
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PROSECUTING IDEAS Intellectual honesty involves coming up with an idea, refining
PROSECUTING IDEAS
Intellectual honesty involves coming up with an idea, refining it, then refuting it. If it survives refutation, then it’s something to work with.
As a CEO, I had an interesting time with board members. It took, in some cases, years before some board members would understand that I used the board as a vehicle for refuting my ideas. I would bring an idea to the board. Usually somewhat early in the process, and advocate for it. I advocated it to see if they could shoot holes in it. It’s a very rational process. If I cannot defeat their arguments, or find a way to solve them, then the idea isn’t viable.
In the past, I feel pretty strongly that if your board consists of owners, and your owners are involved, then they should support an idea. They cannot usually anticipate the future well enough to support valuable ideas that are counter to trend. So involving them in the decision and getting them to adopt them makes them better independent actors despite their lack of visibility. I did succeed in that objective. I’ve succeeded every time.
But I’ve also set the stage for making the organization fragile – vulnerable to a board who feels more confident and empowered than it should be: when you must act and act quickly to sieze opportunities, or avoid threats, your board is now trained to argue with you, and feels entitled to do so — even obligated to do so.
Today I would do things differently. I would test my ideas with a management team, then use the board entirely as a financial counsel. And never the two shall meet.
This is another example of where academic personalities and business personalities serve different purposes.
Source date (UTC): 2012-02-27 15:24:00 UTC
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Propertarian Analysis Of The Libertarian-Conservative Spectrum. Defining liberta
http://www.capitalismv3.com/2012/02/26/big-l-versus-little-l-libertarianism-defined/A Propertarian Analysis Of The Libertarian-Conservative Spectrum.
Defining libertarianism and conservatism for Hillsdale.
(Revised Draft)
Source date (UTC): 2012-02-27 10:34:00 UTC
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Defining Libertarianism
On Hillsdale Natural Law Review, Tyler O’Neil suggests that many conservatives aren’t libertarians despite using the term. Because Kinsella posted about it being a bit sloppy, I thought I’d use it as an excuse to try and write something definitive. THE LIBERTARIAN SPECTRUM“Libertarian Party” vs “Libertarian philosophy” vs “libertarian movement” vs “libertarian sentiments”A) “Libertarian Party” : The name of a political party that makes use of Libertarian philosophy in its policy platform. B) Uppercase “L”-Libertarian = Libertarian in the narrow sense: The self identifying name “Libertarian” has been appropriated by members of a the majority faction of the broader group of libertarians and requires total observance of the twin concepts of Property Rights and the Non Aggression Principle. This of necessity places a Libertarian as an advocate of either minimal state, private government, or anarcho-capitalist forms of creating a social order. And it specifically excludes Classical Liberals and Neo-classical Liberals for whom enforcement of norms is a necessary and beneficial defense of political shareholder property rights. C) Lowercase “l”-libertarian: Libertarian in the broader sense: A movement consisting of multiple factions, employing a rationally articulated set of arguments, each of which include or exclude certain secondary properties in addition to the twin concepts of property rights and the non-aggression principle. Those additional properties consist of a)the scope of property, and b)the scope of the ethics of exchange, and c) the scope of institutions necessary to establish those property definitions, those normative ethics, as well as d) to provide a means for the resolution of disputes. D) “libertarian sentiments” (Or “libertarian-like” affiliations): A general, abstract, sentimental preference in which political decisions err on the side of individual property rights, small government, and individual responsibility for making the best of one’s lot in life. In colloquial language, ‘libertarian’ is a self-identifying synonym for anyone who uses anti-statist arguments which may include social, religious or martial conservatives. One can possess “libertarian sentiments” and not be either cognizant of, able to articulate, or self identify as an ideological “libertarian”. Classical liberals and neo-classical liberals possess ‘libertarian’ sentiments. They do not possess a fully articulated philosophical framework. In technical terms the libertarian sentiments are used by that category of people with conservative classical liberal ideologies who have integrated libertarian commercial ideas into their conceptual framework as a means of combating encroaching statism and bureaucracy, but who have no material knowledge of libertarian philosophy, nor would they apply the libertarian constraints upon their ideology if they could articulate it. Therefore “conservatives” possess libertarian sentiments, but do not subscribe to the social implications of “libertarian” philosophy. This is because ‘conservative classical liberals’ believe an entire suite of norms to be a form of ‘property’: an asset in which they are shareholders that is depreciated by a failure to observe and adhere to those norms. And political failure to enforce those norms constitutes an involuntary transfer of assets from them to others. THE TWO TRADITIONS Two dominant traditions divide the “libertarian” movement roughly reflecting B and C above: 1) The Anarchic tradition specifically articulated by Rothbard in The Libertarian Manifesto, as well as the Ethics of Liberty. In contemporary parlance, “Libertarian” means unlimited adherence to Rothbard’s Manifesto’s single principle of non-aggression. 2) The Classical Liberal and “Hayekian” tradition. Hayek adopted the term “Libertarian” because the term “Liberal” had been appropriated by the left. Hayek sought to maintain and expand the classical liberal tradition under then name “Libertarian”. The classical liberals hold libertarian sentiments but are not libertarians. The current big-‘L’ Libertarian movement has so successfully dominated the political discourse that the neo classical liberals are only now beginning to form an ideology. Unfortunately, they have failed to understand Rothbard and Hoppe’s ethics well enough to articulate Neo Classical Liberalism in Propertarian terms. (A problem I am slowly trying to correct.) In no small part, the two libertarian traditions reflect the religious and social strategies of the authors from each tradition, with the Christian authors maintaining the concept of a collective ‘corporation’ in which all citizens are shareholders, VS the Jewish diasporic religious and social strategy of creating a ‘kingdom of heaven’ independent of the norms and institutions necessary for land-holding. It is this difference between the martial landholding Christians and the diasporic capital holding Jews that gives each branch of the movement its preferences. And it is the inability of the two movements to find a compromise position that precludes current ‘libertarians’ from forming a sufficient political block with which to alter the political discourse by incorporating classical liberal, social, religious and martial conservatives who have unalterable landholding sentiments without which ‘community’ and ‘norms’ are impossible to conceive of. I. MANDATORY PROPERTIES OF LIBERTARIANISM: 1) Non-Aggression Principle (A negative which is often stated in its positive form: Voluntarism, meaning all exchanges of property are voluntary). 2) The institution of Private Property initiated by “homesteading”: acting to transform something not property into property, over which one has a monopoly of control. 3) By implication: All human rights can be reduced to property rights. No human rights can exist where they cannot be expressed as property rights. It is an impossibility due to scarcity and incalculability under complexity. II. VARIABLE INDIVIDUAL PROPERTIES (Limited to common properties)1) symmetrical-knowledge ethics (classical liberals and christian authors), VS asymmetrical-knowledge ethics (anarchists and jewish authors) Rothbard and Block are asymmetrical advocates. Most classical liberals lack the knowledge of Rothbardian/Hoppian ethics necessary to articulate their values in Propertarian terms. However, the classical liberals as well as the Hayekians, both advocate symmetrical-knowledge ethics whether they articulate the ideas effectively or not. “in any exchange the seller has an ethical obligation to mitigate fraud from the asymmetry of knowledge” 2) Implied Warranty (classical liberal and Christian authors), VS expressly denied warranty (Anarchist and Jewish authors). Rothbard and Block deny warranty. Classical liberals imply warranty. Implied warranty is a derivation of 1, above. “in any exchange the seller must warrant his goods and services to prevent fraud by asymmetry of information.” 3) Prohibition against all involuntary external transfers (classical liberal and Christian authors), VS prohibition only against state involuntary transfers (anarchist and Jewish authors). “No exchange, action or inaction may cause involuntary transfers from others”. III. VARIABLE INSTITUTIONAL PROPERTIES1) Shareholder Property Forms (classical liberal and Christian authors) VS Prohibition on Shareholder Property Forms (anarchists and Jewish authors). Whether intentional or not, Rothbard all but places a ban on organizations with geographic monopolies on rule making. Block expressly advocates geographic rule making, although he only expresses it in individual rather than organizational terms. 2) Norms as Arbitrary VS Norms as Shareholder Property. Since norms require restraints from action (forgone opportunities), and property itself is a norm paid for by restraints from action (forgone opportunities), then all those who adhere to norms, ‘pay’ for them. Therefore norms within a geography are a form of shareholder property, and violations of norms are involuntary transfers (thefts) from norm-holders to norm-destroyers. 3) Preferred Institution: Classical Liberal State, Minimal State, Private Government or Anarchic “Religion”. 4) “Markets Evolved” and regulation is a form of theft VS “Markets Were Made” and regulations by shareholders or their representatives are an expression of property rights. In practical terms, this is a derivation of principles 1, 2 and 3 above, since regulation is an attempt to solve the problem of involuntary transfers, fraud due to asymmetry of information, and fraud due to external involuntary transfers. 5) Artificial Property VS No Artificial Property (Intellectual Property VS no intellectual property. ) In practical terms, this is a derivation of 8 above, since if markets were made their owners have a property right to create artificial forms of property – (because different portfolios of property types are artificial norms that vary from group to group.) IV FURTHER DIFFERENCES Beyond the points listed above, “libertarian” becomes arbitrary and loses its distinction from “Classical Liberalism” and “neo Classical Liberalism”, since any discussion of the state, government, or shareholder returns on shareholder investments is alien to big-L Libertarianism because they believe that it violates their concept of the non-aggression principle. (I argue otherwise but that’s a longer topic.) Hayek, Popper and Parsons all failed to develop an articulated ethical language capable of expressing the logic of classical liberal sentiments in a rational ethics. Rothbard did it. Hoppe nearly finished it. No one on the conservative bench has so far seen to adopt it, and the classical liberal and conservative movements are trapped in Kirkian moralistic reasoning. Which is useless against encroaching statism. (Hence why I’ve formed the Propertarian Institute.) V CONSERVATIVES IN PERSPECTIVE The term “Conservative” describes a reaction to the status quo. As does progressive. In the USA, the status quo is what remains of American classical liberalism. So conservatives are American Classical Liberals who cannot use the term, because ‘liberal’ has been appropriated by the left. They are classical liberals, who DO have libertarian sentiments, but are not Libertarians because they disagree with the Libertarian prohibition on shareholder-community, and denial of norms as property. That is a “propertarian” analysis of the political spectrum. The fact that propertarian reasoning allows us to differentiate by concept of property rights rather than institutional ‘beliefs’ is just one illustration of the explanatory power of propertarian ethics. Thanks Curt Doolittle
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SMART CAR BLOWN OFF THE ROAD TODAY We’re driving in the blowing snow behind a pl
SMART CAR BLOWN OFF THE ROAD TODAY
We’re driving in the blowing snow behind a plow on a rural road between scrubby corn fields where the vicious wind is easily defeating the plow’s futile but diligent attempts to keep the road clear. A green Smart Car is stopped at an intersection parallel to the wind. The driver tries to get across before the plow piles more snow in front of her, and accelerates to the left, putting her car perpendicular to the wind, and is abruptly whisked way into the ditch like so much snow off the roof of a passing truck. Of course, being rural Canada. young men fall out of cars (and all over themselves) to help her. She’s unharmed.
Source date (UTC): 2012-02-25 20:09:00 UTC
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ON BEING QUOTED I’d like to say I’m aloof enough not to care when someone quotes
ON BEING QUOTED
I’d like to say I’m aloof enough not to care when someone quotes me. Especially when it’s favorable. But I’m not. It makes me happy. It’s evidence that laying one little brick at a time makes a difference. Thanks.
Source date (UTC): 2012-02-25 19:25:00 UTC
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An Example Of Scientistic Hubris In Economics
“Ben Bernanke has said that he could not save Lehman because it would be have been in violation of the law. My response is that it is not his responsibility to enforce the law. It is his responsibility to safe guard the lives of millions of people. … When the Capitol Police haul him away in chains then his responsibility to prevent the Great Recession ends. Until that moment the choice not to act, is his choice alone. … The constitution is no shield.” – Karl Smith, Modled Behavior
Thus begins all violent ends. Government consists of institutions. People have the institutions that they choose to. People deserve the consequences of those institutions. They learn from those consequences. People choose or choose not to alter institutions to prevent repeats of the past. People deserve the consequences of choosing or not choosing to alter those institutions. Political externalities are so vast, economic consequences are a trifle by comparison. Politics is the exercise of power. Power is the ability to alter the probability of outcomes. It is the ability to transfer, or deny the transfer, of opportunities and rewards between groups. Let’s see what this economist has done: 1- The scientistic fallacy. 2 -The fallacy of goodwill. 3- The false consensus bias. 4-Fallacy of collective terms. 5-The denial of externalities. 6- The fallacy of the short run. So he errs. And in that error would open the door to far greater horrors than the one we suffer now. The west is unique: it is the only social order that employs the competition between organizations with competing interests who must enact rules which are used by ordinary people who run institutions to conduct the affairs of the polis. It is a ‘game’ form of government for a ‘game’ marketplace. It is the only instance of that model to survive. and as a consequence it breaks the consanguineous bonds that determine the fate of all other civilizations. So, Fix the laws. The rule of law is all we have. Without it, we cannot have a high trust society, and would quickly devolve into either india or south america. Politics is more complex than economics. Political externalities have greater consequences than economic externalities. And Scientistic hubris is legion.
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AN EXAMPLE OF SCIENTISTIC HUBRIS IN ECONOMICS “Ben Bernanke has said that he cou
AN EXAMPLE OF SCIENTISTIC HUBRIS IN ECONOMICS
“Ben Bernanke has said that he could not save Lehman because it would be have been in violation of the law. My response is that it is not his responsibility to enforce the law. It is his responsibility to safe guard the lives of millions of people. … When the Capitol Police haul him away in chains then his responsibility to prevent the Great Recession ends. Until that moment the choice not to act, is his choice alone. … The constitution is no shield.” – Karl Smith, Modled Behavior
Thus begins all violent ends.
Government consists of institutions. People have the institutions that they choose to. People deserve the consequences of those institutions. They learn from those consequences. People choose or choose not to alter institutions to prevent repeats of the past. People deserve the consequences of choosing or not choosing to alter those institutions. Political externalities are so vast, economic consequences are a trifle by comparison.
Politics is the exercise of power. Power is the ability to alter the probability of outcomes. It is the ability to transfer, or deny the transfer, of opportunities and rewards between groups.
Let’s see what this economist has done: 1- The scientistic fallacy. 2 -The fallacy of goodwill. 3- The false consensus bias. 4-Fallacy of collective terms. 5-The denial of externalities. 6- The fallacy of the short run.
So he errs. And in that error would open the door to far greater horrors than the one we suffer now.
The west is unique: it is the only social order that employs the competition between organizations with competing interests who must enact rules which are used by ordinary people who run institutions to conduct the affairs of the polis. It is a ‘game’ form of government for a ‘game’ marketplace. It is the only instance of that model to survive. and as a consequence it breaks the consanguineous bonds that determine the fate of all other civilizations.
So, Fix the laws. The rule of law is all we have. Without it, we cannot have a high trust society, and would quickly devolve into either india or south america.
Politics is more complex than economics. Political externalities have greater consequences than economic externalities.
And Scientistic hubris is legion.
Source date (UTC): 2012-02-23 10:34:00 UTC
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It’s Not That I Value Free Markets In The Abstract.
Last night, a wonderfully intelligent Canadian I’ve recently met referred to me as a ‘free marketer’. Which in Canadian lingo is a synonym for Libertarian. (We clearly need a Mises chapter up here in eastern Canada.) And, I’m fussing with writing a page the separates Propertarians from Anarcho Capitalists. If it was possible to regulate trade intelligently, I don’t have a problem with it per se. I have a problem with market regulation because its not possible to regulate it without causing harm. I don’t see regulation as an abstract ethical question, because I see markets as intentional not natural constructs. (Which I’ve addressed elsewhere.) I see it as a time-knowledge problem. That’s a long way of stating that it’s kind of interesting to be referred to by a property of one’s classification, where the property is tangental to the classification. 🙂 I’d prefer to be called a conservative or libertarian. I want freedom on principle. The economy is just a tool. Propertarian reasoning says that we cannot do certain things. It explains why we must do certain things. It allows us to do stupid things if we want to. It allows us to do beneficial things if we want to. We pay or gain the consequences either way. Just like any other corporation.