Category: Economics, Finance, and Political Economy

  • THE POST MARX-KEYNES ECONOMY: OUR RESTORATION —“There’s plenty wrong with GDP

    THE POST MARX-KEYNES ECONOMY: OUR RESTORATION

    —“There’s plenty wrong with GDP as a global measure of system performance. One of those problems is that no one has yet to come up with a… https://www.facebook.com/permalink.php?story_fbid=496778637585698&id=100017606988153


    Source date (UTC): 2019-10-31 15:33:30 UTC

    Original post: https://twitter.com/i/web/status/1189928391388139522

  • THE POST MARX-KEYNES ECONOMY: OUR RESTORATION —“There’s plenty wrong with GDP

    THE POST MARX-KEYNES ECONOMY: OUR RESTORATION

    —“There’s plenty wrong with GDP as a global measure of system performance. One of those problems is that no one has yet to come up with a better one.”—Duke Newcomb

    Income != balance sheet. That’s the problem. (Really). GDP P/C @ PPP = Standard of living. Change in Balance Sheet = Gain or Loss (productivity); GDP = Debt Capacity = Military Capacity = Coercive Capacity and that’s all it means. The problem is false productivity, were in consumption of capital is obscured by velocity, in order to maintain keynesian employment as a (bad) means of restoring economic velocity (which is the error) – where under digital and fiat money, liquidity distribution directly to the people will make employment a measure only of demographic utility (which is what the left is afraid of) and the correction of which (as I recommend) will re-suppress immigration, and re-suppress underclass reproduction, and restore middle class reproduction.The only way to increase wealth in this model is reproduction of the middle class, employment of young and old, payment for labor necessary to create an aesthetic commons, one child policy for those who are dependent, and following the japanese in automation.


    Source date (UTC): 2019-10-31 11:33:00 UTC

  • The pareto distribution has to exist in proportion to the competition the popula

    The pareto distribution has to exist in proportion to the competition the population is capable of in the international market. The question is whether one is contributing to innovation, productivity and profitability or whether on is profiting from rent seeking corruption.


    Source date (UTC): 2019-10-30 20:20:00 UTC

    Original post: https://twitter.com/i/web/status/1189638103352467464

    Reply addressees: @natrolleon @ClownBa73413423

    Replying to: https://twitter.com/i/web/status/1189636918209732608


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    Original post: https://twitter.com/i/web/status/1189636918209732608

  • STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS —

    STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS

    —“What we like or want may not be good for us.” –Curt Doolittle

    Context of the original quote was that we… https://www.facebook.com/permalink.php?story_fbid=496055167658045&id=100017606988153


    Source date (UTC): 2019-10-30 16:41:15 UTC

    Original post: https://twitter.com/i/web/status/1189583050075791360

  • STATE SPONSORED HYPER-CONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS –

    STATE SPONSORED HYPER-CONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS

    —“What we like or want may not be good for us.” — Curt Doolittle

    Context of the original quote was that we… https://www.facebook.com/permalink.php?story_fbid=496048954325333&id=100017606988153


    Source date (UTC): 2019-10-30 16:32:18 UTC

    Original post: https://twitter.com/i/web/status/1189580797596127232

  • VALUE AND MEASUREMENTS MATTER; THE ECONOMICS OF THE IMMORAL; YOUR TIME SHOULD MA

    VALUE AND MEASUREMENTS MATTER; THE ECONOMICS OF THE IMMORAL; YOUR TIME SHOULD MATTER
    (Editor Brandon Hayes, with multiple authors)

    We have some very serious issues with our economics and our… https://www.facebook.com/permalink.php?story_fbid=496048447658717&id=100017606988153


    Source date (UTC): 2019-10-30 16:31:44 UTC

    Original post: https://twitter.com/i/web/status/1189580657380528128

  • ECONOMIC INFLUENCES ON TODAY”S ART WORLD 1) spaces are now general purpose rathe

    ECONOMIC INFLUENCES ON TODAY”S ART WORLD

    1) spaces are now general purpose rather than designed for function. This makes them less amenable to artistic treatment because they have to be… https://www.facebook.com/permalink.php?story_fbid=496047697658792&id=100017606988153


    Source date (UTC): 2019-10-30 16:30:21 UTC

    Original post: https://twitter.com/i/web/status/1189580308716359680

  • USURY (repost) Interest vs Usury. Interest is necessary for the organization of

    USURY
    (repost)

    Interest vs Usury.

    Interest is necessary for the organization of complex production. it is beneficial for production of generations. It is risky for the purpose of… https://www.facebook.com/permalink.php?story_fbid=496032514326977&id=100017606988153


    Source date (UTC): 2019-10-30 16:07:08 UTC

    Original post: https://twitter.com/i/web/status/1189574465048449025

  • STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS —

    STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS

    —“What we like or want may not be good for us.” –Curt Doolittle

    Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum.

    So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution.

    The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.


    Source date (UTC): 2019-10-30 12:41:00 UTC

  • STATE SPONSORED HYPER-CONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS –

    STATE SPONSORED HYPER-CONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS

    —“What we like or want may not be good for us.” — Curt Doolittle

    Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyper-consumption of the pleasure response by drugs is, or hyper-consumption of sedation by alcohol, or hyper-consumption of calming by nicotine, or anything else in any similar spectrum.

    So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyper-consumption for hyper-taxation, and hyper-redistribution.

    The state should not engage in the provision of the incentive to hyper-consume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.


    Source date (UTC): 2019-10-30 12:32:00 UTC