Category: Economics, Finance, and Political Economy

  • TO BE STATED OVER AND OVER AGAIN BECUSE IT DOESN”T STICK —“The World Bank’s “p

    https://www.quora.com/q/war-elephant/America-s-poorest-are-richer-than-most-average-Europeans-StudyHAS TO BE STATED OVER AND OVER AGAIN BECUSE IT DOESN”T STICK

    —“The World Bank’s “preferred” indicator of material well-being is “consumption“ of goods and services [because] “of reliability and consumption is thought to better capture long-run welfare levels than current income.”

    The poorest 20 percent of U.S. households have higher average consumption per person than the averages for all people in most nations of the OECD and Europe

    Even the poorest 20 percent of Americans consumed three to 30 times more goods and services than the averages for all people in a wide array of developing nations around the world”—

    So they get poverty and we get … “roving bands of undesirables”.

    https://www.quora.com/q/war-elephant/America-s-poorest-are-richer-than-most-average-Europeans-StudyUpdated Sep 4, 2020, 8:24 PM


    Source date (UTC): 2020-09-04 20:24:00 UTC

  • RT @curtdoolittle: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods Non-

    RT @curtdoolittle: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods Non-Corrupt capitalism is possible. Not corrupt socialism is im…


    Source date (UTC): 2020-09-03 16:59:49 UTC

    Original post: https://twitter.com/i/web/status/1301565576188497920

  • RT @curtdoolittle: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods Non-

    RT @curtdoolittle: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods Non-Corrupt capitalism is possible. Not corrupt socialism is im…

  • Non-Corrupt capitalism is possible. Not corrupt socialism is impossible. The rea

    Non-Corrupt capitalism is possible. Not corrupt socialism is impossible. The reason is pretty simple: rule of law produces scientific law, and rule independent of influence, while socialism requires discretionary rule which creates a market for corruption.


    Source date (UTC): 2020-09-03 16:48:55 UTC

    Original post: https://twitter.com/i/web/status/1301562831222042624

    Reply addressees: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods

    Replying to: https://twitter.com/i/web/status/1301562571951087617


    IN REPLY TO:

    Unknown author

    @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods the capitalism – socialism dichotomy is another leftist trope like calling leftists ‘liberals’ when they’re socialists and communists. The choice is rule of law of reciprocity which produces moral capitalism, and absence of rule of law which produces crony Capitalism/Socialism.

    Original post: https://x.com/i/web/status/1301562571951087617

  • Non-Corrupt capitalism is possible. Not corrupt socialism is impossible. The rea

    Non-Corrupt capitalism is possible. Not corrupt socialism is impossible. The reason is pretty simple: rule of law produces scientific law, and rule independent of influence, while socialism requires discretionary rule which creates a market for corruption.

    Reply addressees: @wax5800 @Jyrkiboy_ @MD11dr @jimkelly522 @RealJamesWoods

  • THE ECONOMICS OF WHITENESS “Whiteness is just a technology; you can use it or no

    THE ECONOMICS OF WHITENESS

    “Whiteness is just a technology; you can use it or not.”

    – Curt Doolittle

    Thoughts

    by James Krieger

    Whiteness (Europeanism) is a technology, yes, just as damns are technology. However, adoption & maintenance costs vary across human subspecies, & since the gains are incurred largely as a function of time, there is very little incentive for certain subspecies to adopt Europeanism – particularly subspecies known for hyperbolic discounting.

    Europeanism as technology does have the advantage of framing failure as a product of choice—‘the technology is there why don’t you use it?’

    However, I think europeanism is more appropriately framed as an extended phenotype, just as damns are the product of beaver’s genetic information. It shifts the moral conversation from specifying & allocating blame for the failure to one of unapologetic commitment to ourselves & our mission:

    “We have no other choice than to be excellent. You are either coming along, contributing & carrying your own weight, or we will forcibly separate to remove the civilizational, institutional, economic, demographic drag.”

    As such:

    By @[100002194619079:2048:Joel Landoe]

    “The apparent privileges allegedly enjoyed by only one ethnicity (per social cartels, media etc) – Europeans – are due to an inequality of institutions, traditions, norms, paradigms, knowledge, values, resources, and goals [technology] that when applied in combination can be used by any person regardless of age, race, gender, or status for maximum self-actualization and development of good society.”

    Scientifically:

    By Curt Doolittle

    Only Europeans, and specifically male, conservative, and libertarian Europeans, paid the high cost, and counterintuitive cost, of discovering, adapting to, and applying the physical(material), biological (evolutionary), social (cooperative), laws of the universe, in thought, word, and deed, across the spectrum: personally, socially, economically, politically, militarily, and strategically (expansion, colonization, conquest).

    As such whiteness is a technology. It is a costly technology. It is paid for like all technologies. And the results are acquired at high cost no others are willing to pay.

    Evidentiary, warranted, warrantable Truth, reciprocity in display word and deed, competition in the service of others for survival by market adversity, meritocratic outcome in markets for association, cooperation, reproduction, production, common, polities, and most of all eugenic constraint on reproduction by test of meritocratic outcome – all of which are performed regardless of cost – are costs only Europeans evolved to bear.

    And even such only possible in the lesser classes by training in Christian exhaustive payment of psychological costs as virtuous contribution to the commons, and worthy of status even without intellectual, economic, political, and military success.

    As such only European lower classes were slowly reduced in number, and reduced in cost, providing the counterintuitive excellence of western civilization: our Christian underclass, laboring classes, working classes, and lower-middle classes do the world’s least harm, while middle and upper classes do the world’s most good.

    The counter-intuitive explanation for the three great ages of European success vs all other competing civilizations is that Europeans deviate the least from the laws of the universe and pay high costs for doing so but achieve the extraordinary returns for those investments.

    So Europeans are not privileged. We merely pay the extraordinary costs that others do not. Ergo others who come and don’t are thieves.Updated Sep 4, 2020, 10:32 AM


    Source date (UTC): 2020-09-03 13:17:00 UTC

  • If information is a good, and a service (and it is) then de-platforming is carte

    If information is a good, and a service (and it is) then de-platforming is cartelling. And that’s where we are: Cartels. Whether the industry is supernatural and Religious, pseudoscientific and academic, Postmodern and Media it’s the end of free speech.

    @realDonaldTrump


    Source date (UTC): 2020-09-02 12:10:33 UTC

    Original post: https://twitter.com/i/web/status/1301130388853719040

  • If information is a good, and a service (and it is) then de-platforming is carte

    If information is a good, and a service (and it is) then de-platforming is cartelling. And that’s where we are: Cartels. Whether the industry is supernatural and Religious, pseudoscientific and academic, Postmodern and Media it’s the end of free speech.

    @realDonaldTrump

  • You don’t understand. If information is a good, and a service, then deplatformin

    You don’t understand. If information is a good, and a service, then deplatforming is cartelling. Yep. And that’s where we’re going. …. Cartels.

    (worth repeating)


    Source date (UTC): 2020-09-02 11:55:46 UTC

    Original post: https://twitter.com/i/web/status/1301126668673843201

  • You don’t understand. If information is a good, and a service, then deplatformin

    You don’t understand. If information is a good, and a service, then deplatforming is cartelling. Yep. And that’s where we’re going. …. Cartels.

    (worth repeating)