Mar 8, 2020, 8:00 PM “IS TAXATION DYSGENIC?” It is if it increases the rate of reproduction of the underclasses, or decreases the rate of reproduction of the middle classes.
Category: Economics, Finance, and Political Economy
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“IS TAXATION DYSGENIC?”
Mar 8, 2020, 8:00 PM “IS TAXATION DYSGENIC?” It is if it increases the rate of reproduction of the underclasses, or decreases the rate of reproduction of the middle classes.
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Like I Said: Nationalization to Protect Industry
Like I Said: Nationalization to Protect Industry https://propertarianism.com/2020/05/28/like-i-said-nationalization-to-protect-industry/
Source date (UTC): 2020-05-28 21:55:40 UTC
Original post: https://twitter.com/i/web/status/1266126016419897353
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Like I Said: Nationalization to Protect Industry
—“France is ready to use the ultimate weapon to protect its biggest companies from the market turmoil set in motion by the coronavirus: nationalization.”—
What does nationalization mean? The state ‘buys’ the corporation (its shares), directly from the company (not existing investors), at a discount (30%-50%), at market prices, vacates all non-vendor debt (all borrowing), restoring fiscal health, and appoints a receiver, and a board member, with veto power over dispersals. The state may also invest additional funds for strategic purposes. Especially research and development, or modernization.
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Like I Said: Nationalization to Protect Industry
—“France is ready to use the ultimate weapon to protect its biggest companies from the market turmoil set in motion by the coronavirus: nationalization.”—
What does nationalization mean? The state ‘buys’ the corporation (its shares), directly from the company (not existing investors), at a discount (30%-50%), at market prices, vacates all non-vendor debt (all borrowing), restoring fiscal health, and appoints a receiver, and a board member, with veto power over dispersals. The state may also invest additional funds for strategic purposes. Especially research and development, or modernization.
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There is nothing wrong with emergency helicopter money for the population
There is nothing wrong with emergency helicopter money for the population https://propertarianism.com/2020/05/28/there-is-nothing-wrong-with-emergency-helicopter-money-for-the-population/
Source date (UTC): 2020-05-28 21:40:26 UTC
Original post: https://twitter.com/i/web/status/1266122181668409344
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There is nothing wrong with emergency helicopter money for the population
Mar 17, 2020, 4:53 PM There is nothing wrong with emergency helicopter money for the population. what you DON”T want is a worldwide recalculation (meaning rediscoverty) of the pricing structures of production. We don’t think in those terms, but THOSE ARE THE TERMS THAT MATTER. What we haven’t gotten past is the illusion that money is other than promise of time. We will need to nationalize consumer credit and liquidity in order to reverse the distribution of demand upward rather than downward through a banking system that no longer has any value – because money isn’t commodity money any longer. It’s entirely promises.
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There is nothing wrong with emergency helicopter money for the population
Mar 17, 2020, 4:53 PM There is nothing wrong with emergency helicopter money for the population. what you DON”T want is a worldwide recalculation (meaning rediscoverty) of the pricing structures of production. We don’t think in those terms, but THOSE ARE THE TERMS THAT MATTER. What we haven’t gotten past is the illusion that money is other than promise of time. We will need to nationalize consumer credit and liquidity in order to reverse the distribution of demand upward rather than downward through a banking system that no longer has any value – because money isn’t commodity money any longer. It’s entirely promises.
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Understanding the Services Sector Problem
Understanding the Services Sector Problem https://propertarianism.com/2020/05/28/understanding-the-services-sector-problem/
Source date (UTC): 2020-05-28 21:39:46 UTC
Original post: https://twitter.com/i/web/status/1266122014911234049
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Understanding the Services Sector Problem
Mar 18, 2020, 11:11 AM There are no multipliers to services jobs – they are categorically consumptions. Services jobs are only possible because of productive jobs. In that sense services are part of the hyper-consumptive economy. They are a measure of your hyperconsumption. But something must make hyper-consumption possible: something with multipliers.
Multiplier: a phenomenon whereby a given change in a particular input, causes a larger change in an output. Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input (time). These terms are relative synonyms, and multiplier usually refers to government returns on investment, and productivity to commercial returns on investment. instead of government vs private sector, I tend to use these terms to emphasize why (multiplier) or how (productivity). Services: a term that refers to the production of intangibles. So goods (products) vs services (actions) vs information (knowledge). However some services are defensive (emergency services, health care), some are productive (financial services, legal services), and some are consumptive (waiter, waitress, entertainer, travel and leisure.)