Category: Economics, Finance, and Political Economy

  • In no case are ‘moral intuition’ or ‘value’, neutral.

    Apr 1, 2020, 2:14 PM The market will always converge on the moral utility that is necessary for the demographic distribution within the market. As such if you want a high trust prosperous polity, you will converge on reciprocity if and only if the population is capable of reciprocity under the given geographic, demographic, military, political, economic, and familial structure. So, no, in no case are ‘moral intuition’ or ‘value’ neutral. A sufficient market demand for evil, criminality, or immorality is a market demand that is non-arbitrary. A market demand for hedonism, libertinism, hyperconsumption must be offset by others market demand for the opposite. Ergo, your preferences may be preferences, but that does not mean they are value neutral. They aren’t. They are consequent non-neutral.

  • In no case are ‘moral intuition’ or ‘value’, neutral.

    Apr 1, 2020, 2:14 PM The market will always converge on the moral utility that is necessary for the demographic distribution within the market. As such if you want a high trust prosperous polity, you will converge on reciprocity if and only if the population is capable of reciprocity under the given geographic, demographic, military, political, economic, and familial structure. So, no, in no case are ‘moral intuition’ or ‘value’ neutral. A sufficient market demand for evil, criminality, or immorality is a market demand that is non-arbitrary. A market demand for hedonism, libertinism, hyperconsumption must be offset by others market demand for the opposite. Ergo, your preferences may be preferences, but that does not mean they are value neutral. They aren’t. They are consequent non-neutral.

  • Your Preferences Are Non-Neutral

    Your Preferences Are Non-Neutral https://propertarianism.com/2020/05/28/your-preferences-are-non-neutral/


    Source date (UTC): 2020-05-28 12:37:36 UTC

    Original post: https://twitter.com/i/web/status/1265985574059597827

  • Your Preferences Are Non-Neutral

    Apr 1, 2020, 3:55 PM The market will always converge on the moral utility that is necessary for the demographic distribution within the market. As such if you want a high trust prosperous polity, you will converge on reciprocity if and only if the population is capable of reciprocity under the given geographic, demographic, military, political, economic, and familial structure. So, no, in no case is either ‘moral intuition’ or ‘value’ neutral. A sufficient market demand for evil, criminality, or immorality is a market demand that is non-arbitrary. A market demand for hedonism, libertinism, hyper-consumption must be offset by others market demand for the opposite. Ergo, your preferences may be preferences, but that does not mean they are value neutral. They aren’t. They are consequent non-neutral.

  • Your Preferences Are Non-Neutral

    Apr 1, 2020, 3:55 PM The market will always converge on the moral utility that is necessary for the demographic distribution within the market. As such if you want a high trust prosperous polity, you will converge on reciprocity if and only if the population is capable of reciprocity under the given geographic, demographic, military, political, economic, and familial structure. So, no, in no case is either ‘moral intuition’ or ‘value’ neutral. A sufficient market demand for evil, criminality, or immorality is a market demand that is non-arbitrary. A market demand for hedonism, libertinism, hyper-consumption must be offset by others market demand for the opposite. Ergo, your preferences may be preferences, but that does not mean they are value neutral. They aren’t. They are consequent non-neutral.

  • The Iron Gauntlet, Reformation of Smithian Political Economy

    The Iron Gauntlet, Reformation of Smithian Political Economy: https://propertarianism.com/2020/05/28/the-iron-gauntlet-reformation-of-smithian-political-economy/


    Source date (UTC): 2020-05-28 12:35:36 UTC

    Original post: https://twitter.com/i/web/status/1265985069472251904

  • The Iron Gauntlet, Reformation of Smithian Political Economy:

    Apr 2, 2020, 2:17 PM by James Krieger (gold) The satisfaction of preferences tend toward equilibrium in that the utility produced by the satisfaction of the marginal preference, ceteris paribus, never exceeds the cost of satisfying the marginal preference. Rule of Law ensures equilibrium by prosecution (via negativa) in the event of externality i.e. the law ensures that all externalities are internalized such that the social-optimum emerges from the optimizing behavior of individuals. Markets for goods & services function to ensure equilibrium in private-consumption of consumer-goods & by extension allocative efficiency in capital markets through the production of price signals–via positva production; whereas the market for rule & commons ensures equilibrium by incrementally suppressing the satisfaction of preference at the expense of peers & commons­–via negativa elimination of externality. (Smith was wrong. The ‘hand’ that guides the division of perception, cognition & labor is iron, not invisible.) —CD— Stated in P-law: Economics is a measure of the group’s success at suppression of irreciprocity with the rule of law.

  • The Iron Gauntlet, Reformation of Smithian Political Economy:

    Apr 2, 2020, 2:17 PM by James Krieger (gold) The satisfaction of preferences tend toward equilibrium in that the utility produced by the satisfaction of the marginal preference, ceteris paribus, never exceeds the cost of satisfying the marginal preference. Rule of Law ensures equilibrium by prosecution (via negativa) in the event of externality i.e. the law ensures that all externalities are internalized such that the social-optimum emerges from the optimizing behavior of individuals. Markets for goods & services function to ensure equilibrium in private-consumption of consumer-goods & by extension allocative efficiency in capital markets through the production of price signals–via positva production; whereas the market for rule & commons ensures equilibrium by incrementally suppressing the satisfaction of preference at the expense of peers & commons­–via negativa elimination of externality. (Smith was wrong. The ‘hand’ that guides the division of perception, cognition & labor is iron, not invisible.) —CD— Stated in P-law: Economics is a measure of the group’s success at suppression of irreciprocity with the rule of law.

  • Nth Rule of Economics:

    May 5, 2020, 4:25 PM (repost) (a) as density increases opportunity cost decreases. (b) as opportunity cost decreases, rents and mortgages increase to absorb the decrease in opportunity costs (c) as rents and mortgages increase, salaries and wages increase to offset the capture of opportunity costs. (d) as wages and salaries increase, the price of goods services and information increases to the point of equilibrium. (e) this cycle repeats until the prices of goods, services, and information, can no longer compete at which point companies must draw from capital markets, and government intervention in availability, price and subsidy (f) as in all organizations of all scales, rent-seeking (free riding) increases in government, capital markets, subsidies to the point of exhaustion. (g) until a shock occurs, and there is insufficient uncaptured capital to reorganize the social, financial, economic, and political order. (h) whereby the tax paying class (who can afford to) flees, the city falls into decline, and then experiences a population collapse due to accumulated rents. (h) whereby either genetrification or depopulation ensues, which is entirely epenent upon (i) existing demographics, and ii) existing location. THE WEST IS DYING ONE CITY AT A TIME Primary culprit in every city’s case? Pensions.

  • Nth Rule of Economics:

    May 5, 2020, 4:25 PM (repost) (a) as density increases opportunity cost decreases. (b) as opportunity cost decreases, rents and mortgages increase to absorb the decrease in opportunity costs (c) as rents and mortgages increase, salaries and wages increase to offset the capture of opportunity costs. (d) as wages and salaries increase, the price of goods services and information increases to the point of equilibrium. (e) this cycle repeats until the prices of goods, services, and information, can no longer compete at which point companies must draw from capital markets, and government intervention in availability, price and subsidy (f) as in all organizations of all scales, rent-seeking (free riding) increases in government, capital markets, subsidies to the point of exhaustion. (g) until a shock occurs, and there is insufficient uncaptured capital to reorganize the social, financial, economic, and political order. (h) whereby the tax paying class (who can afford to) flees, the city falls into decline, and then experiences a population collapse due to accumulated rents. (h) whereby either genetrification or depopulation ensues, which is entirely epenent upon (i) existing demographics, and ii) existing location. THE WEST IS DYING ONE CITY AT A TIME Primary culprit in every city’s case? Pensions.