Category: Economics, Finance, and Political Economy

  • secondly, income tax creates high payers whose tax flight possibility limits tax

    secondly, income tax creates high payers whose tax flight possibility limits taxation, and creates a powerful competitor to the state, where VAT just punishes consumption everywhere. Worst tax possible.


    Source date (UTC): 2019-04-07 02:26:17 UTC

    Original post: https://twitter.com/i/web/status/1114715989726433282

    Reply addressees: @TimberKerns @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1114650710941913088


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    Original post: https://twitter.com/i/web/status/1114650710941913088

  • Income tax has minimum impact on the pricing system and least black/grey mkts, b

    Income tax has minimum impact on the pricing system and least black/grey mkts, but requires a high trust polity. VAT screws the pricing system, and expensive to admin, but works for low trust polities by frequent government interference, creates blk/grey mkts.


    Source date (UTC): 2019-04-07 02:22:23 UTC

    Original post: https://twitter.com/i/web/status/1114715012109619202

    Reply addressees: @TimberKerns @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1114650710941913088


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    Original post: https://twitter.com/i/web/status/1114650710941913088

  • Truth creates discounts on risk. Discounts on risk produce discounts on scale an

    Truth creates discounts on risk.
    Discounts on risk produce discounts on scale and velocity
    Discounts on scale and velocity produce discounts on price.
    Discounts on price increase the opportunity for increase in scope.
    Increase in scope… etc.


    Source date (UTC): 2019-04-04 21:23:19 UTC

    Original post: https://twitter.com/i/web/status/1113914972436697088

  • Sorry guys but while my program will work and work famously,m and set the standa

    Sorry guys but while my program will work and work famously,m and set the standard for all future economies to follow, UBI will create a permanent underclass and a permanent working class that will grow increasingly angry, with supporting them because they will not be ‘kin’.


    Source date (UTC): 2019-04-03 20:55:59 UTC

    Original post: https://twitter.com/i/web/status/1113545705459671040

  • Curt Doolittle updated his status.

    (FB 1541902625 Timestamp) THE MARKET WILL SUPPLY THE ANSWER IF YOU CREATE IT. MARKETS NOT PLANS. GOALS NOT TASKS. Excuse me for reveling in it a bit, but you know, it seems like Bill’s group has percolated a set of arguments in form of traditional wisdom on top of the analytic content, and that this is the ‘market’ providing leadership by consequence rather than design. It is not what I would have intended, but it is what the majority of men need. I had hoped to work with those few young men that fell prey to the easy temptations of authoritarianism, to create a cadre of very analytic judges like myself – because it is the intellectuals I want to fight on intellectual terms in the open field of public debate. And I suspect I must learn something from that failure. That ‘the dark side’ of simplicity is too tempting for the impatience of young men, too inexperienced at the conflict of men of achievement, to have the patience to conduct intellectual warfare rather than the duels of the young men seeking quick status rather than accumulated capital. That failure aside, It seems the scientist and engineer in me has produced what I desired. But that the talent of these men has produced what the market needs. The market will produce leaders. They merely need the weapons with which to conduct the current war, rather than the last. The leaders of the revolution will come from those that do not seek quick personal accolades, in internet duels, but COMBINED ARMS in producing that spectrum of ideas necessary for the spectrum of packs of men to understand, execute, and bring in to fruition.

  • Curt Doolittle updated his status.

    (FB 1541902625 Timestamp) THE MARKET WILL SUPPLY THE ANSWER IF YOU CREATE IT. MARKETS NOT PLANS. GOALS NOT TASKS. Excuse me for reveling in it a bit, but you know, it seems like Bill’s group has percolated a set of arguments in form of traditional wisdom on top of the analytic content, and that this is the ‘market’ providing leadership by consequence rather than design. It is not what I would have intended, but it is what the majority of men need. I had hoped to work with those few young men that fell prey to the easy temptations of authoritarianism, to create a cadre of very analytic judges like myself – because it is the intellectuals I want to fight on intellectual terms in the open field of public debate. And I suspect I must learn something from that failure. That ‘the dark side’ of simplicity is too tempting for the impatience of young men, too inexperienced at the conflict of men of achievement, to have the patience to conduct intellectual warfare rather than the duels of the young men seeking quick status rather than accumulated capital. That failure aside, It seems the scientist and engineer in me has produced what I desired. But that the talent of these men has produced what the market needs. The market will produce leaders. They merely need the weapons with which to conduct the current war, rather than the last. The leaders of the revolution will come from those that do not seek quick personal accolades, in internet duels, but COMBINED ARMS in producing that spectrum of ideas necessary for the spectrum of packs of men to understand, execute, and bring in to fruition.

  • Curt Doolittle updated his status.

    (FB 1541985403 Timestamp) Well I mean, white men ADDED to humanity lifting all. But Adding women and underclasses to the workforce has not been an increase for men, it has been a redistribution from men to women and underclasses – a LOSS. It is one thing to redistribute to your kin. It is another to redistribute to the enemy who seeks to eradicate you.

  • Curt Doolittle updated his status.

    (FB 1541985403 Timestamp) Well I mean, white men ADDED to humanity lifting all. But Adding women and underclasses to the workforce has not been an increase for men, it has been a redistribution from men to women and underclasses – a LOSS. It is one thing to redistribute to your kin. It is another to redistribute to the enemy who seeks to eradicate you.

  • (FB 1542208068 Timestamp) Hopper is still increasing in value

    (FB 1542208068 Timestamp) Hopper is still increasing in value/

  • (FB 1542208068 Timestamp) Hopper is still increasing in value

    (FB 1542208068 Timestamp) Hopper is still increasing in value/