Category: Economics, Finance, and Political Economy

  • people follow incentives… 😉

    people follow incentives… 😉


    Source date (UTC): 2019-06-16 18:48:05 UTC

    Original post: https://twitter.com/i/web/status/1140330219137634309

    Reply addressees: @ClownBa73413423

    Replying to: https://twitter.com/i/web/status/1140329818363453441


    IN REPLY TO:

    @FullAccountant

    @curtdoolittle Here is a black pill for you Curt. Your construction of law cannot offer solutions to the problem of men playing video games and it can’t. Some of the problems humans face is with technology rather than legal/governmental structures,

    Original post: https://twitter.com/i/web/status/1140329818363453441

  • RIGHT MARKETS VS LEFT MONOPOLIES by Bill Joslin We provided a means for a “game

    RIGHT MARKETS VS LEFT MONOPOLIES
    by Bill Joslin

    We provided a means for a “game of games” creating endless opportunities, and they chose to “win this game” by shutting down all future opportunities.

    This is the shame of the right.

    Letting them.


    Source date (UTC): 2019-06-16 01:10:57 UTC

    Original post: https://twitter.com/i/web/status/1140064186053140480

  • BITCOIN WAS INVENTED TO FINANCE CRIME

    BITCOIN WAS INVENTED TO FINANCE CRIME.


    Source date (UTC): 2019-06-11 19:31:15 UTC

    Original post: https://twitter.com/i/web/status/1138529143086342144

    Reply addressees: @zbingledack

    Replying to: https://twitter.com/i/web/status/1138355422849462272


    IN REPLY TO:

    @zbingeldac

    Crime (including gov corruption) is another problem Satoshi solves by economics, not cryptography. Via risk and cost functions, not absolutes.

    In Bitcoin world, crime always leaves traces and can be tracked down at cost. But the pseudonymity prohibits mass surveillance, by cost.

    Original post: https://twitter.com/i/web/status/1138355422849462272

  • Let’s understand all: Satoshi wrote this software like his two previous cryptogr

    Let’s understand all: Satoshi wrote this software like his two previous cryptographic systems, for the purpose of laundering drug and arms money. There is zero chance ZERO that ANY digital currency will survive state intervention. The only possibility is a FOREIGN state. https://twitter.com/zbingeldac/status/1138355422849462272

  • Connecticut Loses United Technologies: Another One Bites The Dust! #connecticut

    Connecticut Loses United Technologies: Another One Bites The Dust!
    https://propertarianism.com/2019/06/11/another-one-bites-the-dust-connecticut-in-decline-series/
    #connecticut


    Source date (UTC): 2019-06-11 13:50:09 UTC

    Original post: https://twitter.com/i/web/status/1138443305157570561

  • Untitled

    https://propertarianism.com/2019/06/11/another-one-bites-the-dust-connecticut-in-decline-series/

    Source date (UTC): 2019-06-11 13:29:40 UTC

    Original post: https://twitter.com/i/web/status/1138438149854683137

    Reply addressees: @alexplitsas

    Replying to: https://twitter.com/i/web/status/1138139400611794944


    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/1138139400611794944

  • “Another One Bites the Dust!!” (Connecticut in decline series)

    “ANOTHER ONE BITES THE DUST!!” (Connecticut in decline series) United Technologies, one of the only substantial companies remaining in the State of Connecticut has announced a merger with Raytheon, and will divest itself of chinese-competitive products, to focus on military, and move its HQ to Boston where there is a more favorable Political, Tax, and Talent structure. BUT WHY? Connecticut, Massachusetts and California were the three states most desperate to imitate the Soviet model. Of the three states only Massachusetts self corrected after the tech crisis of the 80’s saw the center of computer science move from Boston to San Francisco – when Boston area homes lost a third of their value. And while Mass has MIT and Harvard, and California has Stamford, Connecticut has only Yale, Wesleyan, and Trinity – all of whom were less successful than Harvard at migrating from theological institutions to scientific and technical institutions. Worse, instead of bulldozing the north or south ends of Hartford – some of the worst slums in the state, Connecticut built its major state school in the far reaches of rural eastern connecticut, guaranteeing that it would not be a draw, nor would the city benefit from the influx of capital and talent. Worse, the state budget is burdened by state employee pensions to the same degree it’s burdened by poor and elderly care. Worse, CT allowed the entire Arsenal (military) industry to collapse, by voting against it and propagandizing against it without somehow grasping that it was fed by military research and development – the primary source of 20th century scientific and technological advantage – and all that wealth went to other states – primarily northern california and western washington. Worse, this left a train of slums in the Connecticut river valley along the 91 and then 95 corridors and beyond, as the state redistributed to state employees rather than invested in maintaining economic position. So Springfield, Hartford, New Britain, Meriden, (less so Bristol), Hamden, North Haven, New Haven, Bridgeport, Derby, Waterbury, Danbury, Norwalk, New London – even the soviet style ‘relocation’ programs that destroyed Middletown and Bloomfield – resulted in following Baltimore (once the rival of NYC) and Detroit (Once the rival to Chicago). There is only one variable in the state that will allow it to recover financially, and that is the vacating (nullification by bankruptcy) of the state employee pensions – the very people who have destroyed connecticut through the same sequential corruption by continuous evolution of state payments that has taken down Greece. The only reason CT is not equivalent to Greece today (limited to low return agricultural products) is the southeast – a virtual annex of NYC. Worse, the state cannot go bankrupt to exit those pensions, and use the money for reformation of the demographics and economy, because the federal constitution has provision only for cities not states – one constitutional amendment that will be necessary in short order (particularly for California). The only companies left in Connecticut are those that cannot afford to leave. The only people left in Connecticut who have any talent are those who cannot afford to leave. The only students left in Connecticut are those that cannot afford to leave. But slowly, each urban center in the state is depopulated of the middle class and repopulated by the dependent immigrant underclass – whose lack of forcible integration drags down what remains of the integrated american underclass. America is a vast, open-air concentration camp, gradually killing off the european population, by forcing them out of urban areas with low costs of commons and low cost of opportunity, then taxing them out of replacement reproduction, and replacing them with dependents upon them to justify it. Why? LIBERALS. Where did liberals come from? European Jews and Anglo Protestant Women. That’s where it came from. (Yes the academic research on this subject has been around for decades. Even Rothbard. And precursors in the 1920’s, and late 19th century.) The tax-privileged and financial extraction privileged top and their clients in the top-dependent bottom – the unproductive against the working and middle productive. My ancestors founded good parts of Connecticut State and they would be horrified what liberals have done to it in just sixty years with their anti-empirical, history-denying, economic-denying, science-denying ideology. And they would be equally horrified that five thousand years of european aristocratic (meritocratic) development were squandered by an ignorant envious selfish virtue-signaling and destructive people who have brought about precisely what conservatives (middle class rule of law) predicted. The dirty secret of north western and east asian civilizations is continuous soft eugenics – not oppression, but domestication, like every other domesticated animal – by limiting harm done by the underclasses by limiting their reproduction, leaving them to survive on merit, aggressive punishment of their malfeasance. Darwin’s Laws are just extensions of the laws of thermodynamics at scale. There is no defeating them, only temporarily cheating them at tragic high cost. It’s Liberals that killed democracy. It’s conservatives and libertarians that let them. I’m all done with ‘letting’. Are you? Curt Doolittle The Propertarian Institute “Truth is Enough” https://propertarianinstitute.com

  • “Another One Bites the Dust!!” (Connecticut in decline series)

    “ANOTHER ONE BITES THE DUST!!” (Connecticut in decline series) United Technologies, one of the only substantial companies remaining in the State of Connecticut has announced a merger with Raytheon, and will divest itself of chinese-competitive products, to focus on military, and move its HQ to Boston where there is a more favorable Political, Tax, and Talent structure. BUT WHY? Connecticut, Massachusetts and California were the three states most desperate to imitate the Soviet model. Of the three states only Massachusetts self corrected after the tech crisis of the 80’s saw the center of computer science move from Boston to San Francisco – when Boston area homes lost a third of their value. And while Mass has MIT and Harvard, and California has Stamford, Connecticut has only Yale, Wesleyan, and Trinity – all of whom were less successful than Harvard at migrating from theological institutions to scientific and technical institutions. Worse, instead of bulldozing the north or south ends of Hartford – some of the worst slums in the state, Connecticut built its major state school in the far reaches of rural eastern connecticut, guaranteeing that it would not be a draw, nor would the city benefit from the influx of capital and talent. Worse, the state budget is burdened by state employee pensions to the same degree it’s burdened by poor and elderly care. Worse, CT allowed the entire Arsenal (military) industry to collapse, by voting against it and propagandizing against it without somehow grasping that it was fed by military research and development – the primary source of 20th century scientific and technological advantage – and all that wealth went to other states – primarily northern california and western washington. Worse, this left a train of slums in the Connecticut river valley along the 91 and then 95 corridors and beyond, as the state redistributed to state employees rather than invested in maintaining economic position. So Springfield, Hartford, New Britain, Meriden, (less so Bristol), Hamden, North Haven, New Haven, Bridgeport, Derby, Waterbury, Danbury, Norwalk, New London – even the soviet style ‘relocation’ programs that destroyed Middletown and Bloomfield – resulted in following Baltimore (once the rival of NYC) and Detroit (Once the rival to Chicago). There is only one variable in the state that will allow it to recover financially, and that is the vacating (nullification by bankruptcy) of the state employee pensions – the very people who have destroyed connecticut through the same sequential corruption by continuous evolution of state payments that has taken down Greece. The only reason CT is not equivalent to Greece today (limited to low return agricultural products) is the southeast – a virtual annex of NYC. Worse, the state cannot go bankrupt to exit those pensions, and use the money for reformation of the demographics and economy, because the federal constitution has provision only for cities not states – one constitutional amendment that will be necessary in short order (particularly for California). The only companies left in Connecticut are those that cannot afford to leave. The only people left in Connecticut who have any talent are those who cannot afford to leave. The only students left in Connecticut are those that cannot afford to leave. But slowly, each urban center in the state is depopulated of the middle class and repopulated by the dependent immigrant underclass – whose lack of forcible integration drags down what remains of the integrated american underclass. America is a vast, open-air concentration camp, gradually killing off the european population, by forcing them out of urban areas with low costs of commons and low cost of opportunity, then taxing them out of replacement reproduction, and replacing them with dependents upon them to justify it. Why? LIBERALS. Where did liberals come from? European Jews and Anglo Protestant Women. That’s where it came from. (Yes the academic research on this subject has been around for decades. Even Rothbard. And precursors in the 1920’s, and late 19th century.) The tax-privileged and financial extraction privileged top and their clients in the top-dependent bottom – the unproductive against the working and middle productive. My ancestors founded good parts of Connecticut State and they would be horrified what liberals have done to it in just sixty years with their anti-empirical, history-denying, economic-denying, science-denying ideology. And they would be equally horrified that five thousand years of european aristocratic (meritocratic) development were squandered by an ignorant envious selfish virtue-signaling and destructive people who have brought about precisely what conservatives (middle class rule of law) predicted. The dirty secret of north western and east asian civilizations is continuous soft eugenics – not oppression, but domestication, like every other domesticated animal – by limiting harm done by the underclasses by limiting their reproduction, leaving them to survive on merit, aggressive punishment of their malfeasance. Darwin’s Laws are just extensions of the laws of thermodynamics at scale. There is no defeating them, only temporarily cheating them at tragic high cost. It’s Liberals that killed democracy. It’s conservatives and libertarians that let them. I’m all done with ‘letting’. Are you? Curt Doolittle The Propertarian Institute “Truth is Enough” https://propertarianinstitute.com

  • CURRENCY, INDUSTRY —“As a general guideline currency value tracks industrial p

    CURRENCY, INDUSTRY

    —“As a general guideline currency value tracks industrial production.”—Michael Churchill

    yep…


    Source date (UTC): 2019-06-10 19:59:56 UTC

    Original post: https://twitter.com/i/web/status/1138173974884409350

  • WHY WHITE PRIVILEGE? HERE IS THE CORRECT ANSWER: THE ECONOMICS OF ASSOCIATION IN

    WHY WHITE PRIVILEGE? HERE IS THE CORRECT ANSWER: THE ECONOMICS OF ASSOCIATION IN HETEROGENEOUS POLITIES
    by Curt Doolittle

    It’s because ethnic europeans, particularly northern europeans, largely because of geography… https://www.facebook.com/741197263/posts/10157239607152264/


    Source date (UTC): 2019-06-05 15:36:29 UTC

    Original post: https://twitter.com/i/web/status/1136295735148863489