(FB 1551794373 Timestamp) TRUE NAMES FOR SCHOOLS OF ECONOMICS https://propertarianinstitute.com/2016/09/15/how-about-operational-true-names-for-schools-of-economics/
Category: Economics, Finance, and Political Economy
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(FB 1551804753 Timestamp) AGREED. THE PRINCIPLE PURPOSE OF ECONOMICS IS TO DISPE
(FB 1551804753 Timestamp) AGREED. THE PRINCIPLE PURPOSE OF ECONOMICS IS TO DISPEL OUR ILLUSIONS. THE REST IS JUST NATURAL LAW.
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Curt Doolittle updated his status.
(FB 1552006673 Timestamp) INTEREST AND TIME Consumption vs Production
- Production REQUIRES interest to calculate time.
- Consumption does NOT REQUIRE interest to calculate time.
- Time has already been calculated.
- It was either a good calculation or a bad one.
This is one of those things I unconsciously assume is obvious because I already convert all economic and financial statements into statements of time. But Michael reminds me tonight that it isn’t obvious. I suppose I’ve convinced everyone who wasn’t thinking in terms of property to do so but I have clearly failed to convince everyone to convert property into time, because it is time that we create and purchase all property with and we make time by saving time by cooperation in a division of labor. I mean, that’s what productivity means: measurable returns on time.
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Curt Doolittle updated his status.
(FB 1552006673 Timestamp) INTEREST AND TIME Consumption vs Production
- Production REQUIRES interest to calculate time.
- Consumption does NOT REQUIRE interest to calculate time.
- Time has already been calculated.
- It was either a good calculation or a bad one.
This is one of those things I unconsciously assume is obvious because I already convert all economic and financial statements into statements of time. But Michael reminds me tonight that it isn’t obvious. I suppose I’ve convinced everyone who wasn’t thinking in terms of property to do so but I have clearly failed to convince everyone to convert property into time, because it is time that we create and purchase all property with and we make time by saving time by cooperation in a division of labor. I mean, that’s what productivity means: measurable returns on time.
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Curt Doolittle updated his status.
(FB 1551982215 Timestamp) I’m against the ancestral method of competition: false promise, baiting in to moral hazard, pilpul, critique, and profiting from capture of hazards, and capitalizing those captures as systems of rents.
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Curt Doolittle shared a link.
(FB 1552151236 Timestamp) CORE: THE ECONOMICS OF TIME AND MORALITY https://propertarianinstitute.com/2017/05/02/the-economics-of-time-and-morality/
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Curt Doolittle shared a link.
(FB 1552151236 Timestamp) CORE: THE ECONOMICS OF TIME AND MORALITY https://propertarianinstitute.com/2017/05/02/the-economics-of-time-and-morality/
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Curt Doolittle updated his status.
(FB 1552522887 Timestamp) —“@Curt Doolittle do you not know what a Value-Added Tax is?”— Yes. It is a compound tax (many points of taxation), and a variation on the sales tax (one point of taxation), and like sales taxes is one of the most regressive taxes known to man, particularly because of the distortion it places on the world pricing systems. Conversely, an income tax is the most progressive because unlike sales or vat taxes it provides the least if not zero distortion of world pricing systems that work against the interests of established (advanced) polities. The superior alternative to VAT is import-export (trade) tax and policy, which fosters ingroup (home) trade. There is one reason to employ a VAT: in very low trust countries with very low tax compliance (greece, italy, china), it creates the greatest opportunity for state intervention into private industry thus solving the problem of asymmetric information enabling avoidance. I don’t make mistakes. It’s my job to help all of you folk for whom doing so makes you useful idiots to those who have destroyed our civilization thru confusing a temporary period of pre and post war wealth with a durable competitive advantage – one which we no longer have. And which folk like you merely assist in perpetuating out of ignorance. Stalin’s useful idiots still reign.
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Curt Doolittle updated his status.
(FB 1552522887 Timestamp) —“@Curt Doolittle do you not know what a Value-Added Tax is?”— Yes. It is a compound tax (many points of taxation), and a variation on the sales tax (one point of taxation), and like sales taxes is one of the most regressive taxes known to man, particularly because of the distortion it places on the world pricing systems. Conversely, an income tax is the most progressive because unlike sales or vat taxes it provides the least if not zero distortion of world pricing systems that work against the interests of established (advanced) polities. The superior alternative to VAT is import-export (trade) tax and policy, which fosters ingroup (home) trade. There is one reason to employ a VAT: in very low trust countries with very low tax compliance (greece, italy, china), it creates the greatest opportunity for state intervention into private industry thus solving the problem of asymmetric information enabling avoidance. I don’t make mistakes. It’s my job to help all of you folk for whom doing so makes you useful idiots to those who have destroyed our civilization thru confusing a temporary period of pre and post war wealth with a durable competitive advantage – one which we no longer have. And which folk like you merely assist in perpetuating out of ignorance. Stalin’s useful idiots still reign.
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Curt Doolittle updated his status.
(FB 1552690128 Timestamp) The one child policy is not a time bomb. It’s preparation for automation and the lack of need for redistribution. The chinese and japanese methods are the ones to copy. Ethnocentrism closed borders, automation. The singapore method for rule and social insurance. The rest of the world that does otherwise will starve. There is no market value that they can provide compared to machines. We just bred billions of people who cannot survive the coming corrections.