Curt Doolittle

Category: Economics, Finance, and Political Economy

  • What Is My Spending in Ukraine per Month?

    Cost of living in Ukraine. My monthly expenses youtube.com -Olga Reznikova, Kiev, Ukraine (curt: my point in sharing this is to illustrate what it is possible for monthly costs to be in a big city.) How much does life in Ukraine cost? How much does life in USA or Germany, hehe? It so much depends on the lifestyle, but today I will explain to you exactly by example. Let me give you input. My expenses consist of my family with kid + my parents (5 people). So how much I am spending?

    1. Rent of apartment in Kiev – 400$ per month. Bills for apartment – around 40$ in warm season and 150$ in heating season.
    2. Bills for my parent’s apartment – 30$ per month + 50$ heating.
    3. Internet – 15$ per month for both apartments
    4. Mobile bills – 10$ per person per month, with 20 GB data plan.
    5. Kindergarten – 15$ per month, but it is governmental. State kindergarten would cost around 400$ per month.
    6. Food – my family spend around 400$ per month for food, and my parents need around 250$ per month.
    7. Car – 250$ per month for loan.
    8. Fuel – 200$ per month, if drive only in city.
    9. 3rd party car insurance – 15$ per year
    10. Full car insurance – @1000USD per year.
    11. Entertainment – around 200$ per month (kid’s playground, festivals etc).

    So in total every month for bills and mandatory payments I need approximately $1,200 USD every month or $14,400/yr for a family of five, or 3k/per person, per year.

  • Jan 1, 2020, 9:19 AM MEANINGFUL NEW YEAR DATA DEBTIFICATION #3 Global stocks hav

    Jan 1, 2020, 9:19 AM MEANINGFUL NEW YEAR DATA DEBTIFICATION #3 Global stocks have increased in value by more than 25 trillion dollars over the past 10 years. #4 In the United States, 84 percent of all stocks are owned by the wealthiest 10 percent of all Americans. #5 The U.S. government is now more than 23 trillion dollars in debt. #12 Total U.S. household debt is about to cross the 14 trillion dollar mark. FINANCIALIZATION #13 A study that was recently released found that 70 percent of all Americans are struggling financially right now. #14 The average family in the United States cannot afford to buy a home in 71 percent of the country. #15 58 million jobs in the United States pay less than $793 a week. #16 According to the Social Security Administration, 50 percent of all Americans make less than $33,000 a year. #17 63 percent of the jobs that have been created in the United States since 1990 have been low wage jobs. #42 Almost one-third of all U.S. Millennials are still living with their parents. DESOCIALIZATION #27 Over the past decade, the suicide rate among young Americans has risen by 56 percent. #28 The suicide rate for the overall population increased by 41 percent between 1999 and 2016. IDIOCRACY #29 One survey has discovered that 15-year-old students in China are almost four full grade levels ahead of 15-year-old students in the United States in mathematics. #30 A different survey discovered that one-third of all American teenagers haven’t read a single book in the past year. FORNICATION #33 23 percent of all U.S. children live with a single parent. That is the highest rate in the entire world by a wide margin. #34 Today, approximately 40 percent of all babies in America are born to unmarried women. #35 The U.S. fertility rate has fallen 15 percent since 2007 and is now at the lowest level ever recorded. CALIFORNICATED #38 Today, almost half of all homeless people in the entire nation live in the state of California. #39 Over half of all California voters have considered leaving the state. DECIVILIZATION #40 According to an American Bar Association survey, only 38 percent of all Americans know that the U.S. Constitution is the highest law in the land. #41 58 percent of American adults under the age of 35 agree that some version of socialism “would be good for the country”. #43 According to the Pew Research Center, only 65 percent of Americans now consider themselves to be Christians. That is the lowest level ever recorded. #49 A survey that was conducted a couple of months ago found that 67 percent of all Americans believe that we are “on the edge of civil war”. RESTORATION #51 A majority of Propertarians believe they can solve these problems by reorganizing society with their new constitution. See what I did there? 😉

    Source: Michael Snyder from The Economic Collapse Blog

  • Jan 1, 2020, 9:19 AM MEANINGFUL NEW YEAR DATA DEBTIFICATION #3 Global stocks hav

    Jan 1, 2020, 9:19 AM MEANINGFUL NEW YEAR DATA DEBTIFICATION #3 Global stocks have increased in value by more than 25 trillion dollars over the past 10 years. #4 In the United States, 84 percent of all stocks are owned by the wealthiest 10 percent of all Americans. #5 The U.S. government is now more than 23 trillion dollars in debt. #12 Total U.S. household debt is about to cross the 14 trillion dollar mark. FINANCIALIZATION #13 A study that was recently released found that 70 percent of all Americans are struggling financially right now. #14 The average family in the United States cannot afford to buy a home in 71 percent of the country. #15 58 million jobs in the United States pay less than $793 a week. #16 According to the Social Security Administration, 50 percent of all Americans make less than $33,000 a year. #17 63 percent of the jobs that have been created in the United States since 1990 have been low wage jobs. #42 Almost one-third of all U.S. Millennials are still living with their parents. DESOCIALIZATION #27 Over the past decade, the suicide rate among young Americans has risen by 56 percent. #28 The suicide rate for the overall population increased by 41 percent between 1999 and 2016. IDIOCRACY #29 One survey has discovered that 15-year-old students in China are almost four full grade levels ahead of 15-year-old students in the United States in mathematics. #30 A different survey discovered that one-third of all American teenagers haven’t read a single book in the past year. FORNICATION #33 23 percent of all U.S. children live with a single parent. That is the highest rate in the entire world by a wide margin. #34 Today, approximately 40 percent of all babies in America are born to unmarried women. #35 The U.S. fertility rate has fallen 15 percent since 2007 and is now at the lowest level ever recorded. CALIFORNICATED #38 Today, almost half of all homeless people in the entire nation live in the state of California. #39 Over half of all California voters have considered leaving the state. DECIVILIZATION #40 According to an American Bar Association survey, only 38 percent of all Americans know that the U.S. Constitution is the highest law in the land. #41 58 percent of American adults under the age of 35 agree that some version of socialism “would be good for the country”. #43 According to the Pew Research Center, only 65 percent of Americans now consider themselves to be Christians. That is the lowest level ever recorded. #49 A survey that was conducted a couple of months ago found that 67 percent of all Americans believe that we are “on the edge of civil war”. RESTORATION #51 A majority of Propertarians believe they can solve these problems by reorganizing society with their new constitution. See what I did there? 😉

    Source: Michael Snyder from The Economic Collapse Blog

  • Economics Is Just Physics with Debits and Credits (memory)

    Economics Is Just Physics with Debits and Credits (memory) https://propertarianism.com/2020/05/30/economics-is-just-physics-with-debits-and-credits-memory-2/

    Source date (UTC): 2020-05-30 18:09:01 UTC

    Original post: https://twitter.com/i/web/status/1266793752720560132

  • Economics Is Just Physics with Debits and Credits (memory)

    Jan 4, 2020, 10:38 AM

    —“Women crave privilege and license. Men desire liberty and justice. Prove me wrong.”—Joshua Fox

    Turn that statement into economic language: women desire consumption and men desire opportunity for production – the consequence of which is trading sex and reproduction for resources: a division of labor organized by voluntary exchanges.

    —“To the root!”–Joshua Fox

    Human behavior is all physics. It has to be. Economics is just physics with debts and credits. Our consciousness is just a vehicle for negotiating terms of cooperation. Cooperation is just a means of obtaining higher returns on investments of time and calories. Marriage – especially universal marriage – is the optimum compromise and the optimum means of calculating reproduction. The feminists are under the impression that men will behave by current means if the compromise of marriage and therefore exchange disappears. But if universal marriage and exchange of productivity for sex and offspring without imposing costs on others no longer exists, men will either invent new ways or revert to old ways that do not require cooperation. Women choose individually. Men choose collectively. Marriage and family is the compromise.

  • Economics Is Just Physics with Debits and Credits (memory)

    Jan 4, 2020, 10:38 AM

    —“Women crave privilege and license. Men desire liberty and justice. Prove me wrong.”—Joshua Fox

    Turn that statement into economic language: women desire consumption and men desire opportunity for production – the consequence of which is trading sex and reproduction for resources: a division of labor organized by voluntary exchanges.

    —“To the root!”–Joshua Fox

    Human behavior is all physics. It has to be. Economics is just physics with debts and credits. Our consciousness is just a vehicle for negotiating terms of cooperation. Cooperation is just a means of obtaining higher returns on investments of time and calories. Marriage – especially universal marriage – is the optimum compromise and the optimum means of calculating reproduction. The feminists are under the impression that men will behave by current means if the compromise of marriage and therefore exchange disappears. But if universal marriage and exchange of productivity for sex and offspring without imposing costs on others no longer exists, men will either invent new ways or revert to old ways that do not require cooperation. Women choose individually. Men choose collectively. Marriage and family is the compromise.

  • Economics Is Just an Extension of Physics

    Economics Is Just an Extension of Physics https://propertarianism.com/2020/05/30/economics-is-just-an-extension-of-physics-2/

    Source date (UTC): 2020-05-30 18:07:18 UTC

    Original post: https://twitter.com/i/web/status/1266793320837271552

  • Economics Is Just an Extension of Physics

    Jan 5, 2020, 1:53 PM We can quantify all sorts of metrics of human behavior, but you’re confusing mathematics with physics, the same way most people confuse averages with instances or distributions. In other words, mathematics describes averages of points in time, it doesn’t not describe operations.Mathematics consist of operations that describe states and changes in states and averages. But not the underlying operations. Physics studies both the quantitative and the operational. Mathematics just the quantitative (positional). So while mathematics describes ‘sums’ operations describe changes in state. Here: At every “level’ of reality we discover an underlying limited number of operations (Grammar) producing some set of symmetries (outcomes, equilibria), and above that a new limited number of operations (Grammar, outcomes, equilibria)) that produce another set of symmetries, and above that and so on. So, we don’t yet know what causes the quantum level We have a fairly good idea what causes the subatomic level. we have a very good idea what causes the atomic level. We have such a good understanding of chemistry that it’s boring. We are getting a fair understanding of biochemistry (and that it’s mechanical). We are getting a beginning understanding of proteins (and that it’s mechanical(operational) ) We are getting a beginning understanding of genetic reproduction (and that it’s mechanical- operational) . We are getting a fairly good understanding of cells. We have a more than fairly good understanding of multi-cellular (complex) organisms. I’ll stop there since I think you can see the pattern of some set of physically possible operations producing a finite set of physically possible states, followed by another set of physically possible operations producing a finite set of physically possible states, and that this process continues indefinitely, all the way to what we call consciousness. Now life buys us conservation of energy (defeat of entropy), but it’s still bound by the laws of physics (the underlying grammars). Memory buys us prediction. And prediction provides our ability to perform operations (actions) that improve our defeat of entropy. Increase in neural( brain) volume provides Competition between predictions, which provides us choices of options for defeating entropy. Increase in Brain volume provides iterations on predictions for increasing choices of defeating entropy the sequence of actions (or inactions for that matter). Increase in brain volume provides prediction of others predictions and predicting opportunities for cooperation that further improve our ability to capture and use energy by defeating entropy. Human ability to capture energy is limited by the grammar of human action (possible actions and sequences of actions and parallel combinations of other’s actions). So the grammar of human action consists in the physical, emotional-intuitionistic, and cognitive operations. Those operations are bounded by physical limitations of the grammars upon which they are constructed. Both Physics and Economics are bound by the same underlying grammars (laws) but because humans have memories, prediction, sentience, and consciousness, reason, calculation, symbolism, and computation, we can use debts and credits with each other to temporarily seize and advantage and then later return to equilibrium by repayment of the cooperation. We don’t violate that physical law. Because humans observe reciprocity (equilibrium) just as the physical world obeys equilibrium (entropy). And some people specialize in capitalization (productivity) and some people specialize in consumption, and others in parasitism or predation. But in the end, over time, we are limited by the physical laws of the universe. We can create productivity (as does life), or we an parasite upon other lives (as do bacteria and viruses). We cannot run the clock on parasitism (Socialism or gypsies) or conquest (islamism) forever because we will run out of hosts to prey upon. So economics is just physics with debits and credits (ability t steal, to borrow, to exchange,to produce, or to save) made possible by consciousness, by test of reciprocity (account balances), within the limit of proportionality (exit). TRIANGLE: What limits to human operations? ………………What Limits?………………. ………………………|………………………… …………….Human Actions…………….. ……………..Consciousness……………. …………………Sentience……………….. …………………….Life……………………… …………………./…………………………… ……….subatomic..macro-atomic….. ………………./…………………………….. ……….?Limits………….Limits?………… Human limits are reciprocity (positive) with the limits of proportionality (negaitve). The subatomic level appears to run out of energy by maximum dissipation. The macro atomic level appears to run out of ability to compress energy. Sorry but it’s just Physics with the ability to use each other for debt and credit that we call ‘cooperation”.

  • Economics Is Just an Extension of Physics

    Jan 5, 2020, 1:53 PM We can quantify all sorts of metrics of human behavior, but you’re confusing mathematics with physics, the same way most people confuse averages with instances or distributions. In other words, mathematics describes averages of points in time, it doesn’t not describe operations.Mathematics consist of operations that describe states and changes in states and averages. But not the underlying operations. Physics studies both the quantitative and the operational. Mathematics just the quantitative (positional). So while mathematics describes ‘sums’ operations describe changes in state. Here: At every “level’ of reality we discover an underlying limited number of operations (Grammar) producing some set of symmetries (outcomes, equilibria), and above that a new limited number of operations (Grammar, outcomes, equilibria)) that produce another set of symmetries, and above that and so on. So, we don’t yet know what causes the quantum level We have a fairly good idea what causes the subatomic level. we have a very good idea what causes the atomic level. We have such a good understanding of chemistry that it’s boring. We are getting a fair understanding of biochemistry (and that it’s mechanical). We are getting a beginning understanding of proteins (and that it’s mechanical(operational) ) We are getting a beginning understanding of genetic reproduction (and that it’s mechanical- operational) . We are getting a fairly good understanding of cells. We have a more than fairly good understanding of multi-cellular (complex) organisms. I’ll stop there since I think you can see the pattern of some set of physically possible operations producing a finite set of physically possible states, followed by another set of physically possible operations producing a finite set of physically possible states, and that this process continues indefinitely, all the way to what we call consciousness. Now life buys us conservation of energy (defeat of entropy), but it’s still bound by the laws of physics (the underlying grammars). Memory buys us prediction. And prediction provides our ability to perform operations (actions) that improve our defeat of entropy. Increase in neural( brain) volume provides Competition between predictions, which provides us choices of options for defeating entropy. Increase in Brain volume provides iterations on predictions for increasing choices of defeating entropy the sequence of actions (or inactions for that matter). Increase in brain volume provides prediction of others predictions and predicting opportunities for cooperation that further improve our ability to capture and use energy by defeating entropy. Human ability to capture energy is limited by the grammar of human action (possible actions and sequences of actions and parallel combinations of other’s actions). So the grammar of human action consists in the physical, emotional-intuitionistic, and cognitive operations. Those operations are bounded by physical limitations of the grammars upon which they are constructed. Both Physics and Economics are bound by the same underlying grammars (laws) but because humans have memories, prediction, sentience, and consciousness, reason, calculation, symbolism, and computation, we can use debts and credits with each other to temporarily seize and advantage and then later return to equilibrium by repayment of the cooperation. We don’t violate that physical law. Because humans observe reciprocity (equilibrium) just as the physical world obeys equilibrium (entropy). And some people specialize in capitalization (productivity) and some people specialize in consumption, and others in parasitism or predation. But in the end, over time, we are limited by the physical laws of the universe. We can create productivity (as does life), or we an parasite upon other lives (as do bacteria and viruses). We cannot run the clock on parasitism (Socialism or gypsies) or conquest (islamism) forever because we will run out of hosts to prey upon. So economics is just physics with debits and credits (ability t steal, to borrow, to exchange,to produce, or to save) made possible by consciousness, by test of reciprocity (account balances), within the limit of proportionality (exit). TRIANGLE: What limits to human operations? ………………What Limits?………………. ………………………|………………………… …………….Human Actions…………….. ……………..Consciousness……………. …………………Sentience……………….. …………………….Life……………………… …………………./…………………………… ……….subatomic..macro-atomic….. ………………./…………………………….. ……….?Limits………….Limits?………… Human limits are reciprocity (positive) with the limits of proportionality (negaitve). The subatomic level appears to run out of energy by maximum dissipation. The macro atomic level appears to run out of ability to compress energy. Sorry but it’s just Physics with the ability to use each other for debt and credit that we call ‘cooperation”.

  • Hamster Wheel of Urban Economics

    Hamster Wheel of Urban Economics https://propertarianism.com/2020/05/30/hamster-wheel-of-urban-economics/

    Source date (UTC): 2020-05-30 18:05:20 UTC

    Original post: https://twitter.com/i/web/status/1266792826194612224