Category: Economics, Finance, and Political Economy

  • by Brandon Cheshire Here’s the liberal algorithm, ready? BEGIN … 10 Vote for S

    by Brandon Cheshire

    Here’s the liberal algorithm, ready?

    BEGIN
    … 10 Vote for Socialism
    … 20 WAITFOR Collapse()
    … 30 Flee to Capitalism
    … 40 GOTO 10
    END


    Source date (UTC): 2018-10-24 22:12:19 UTC

    Original post: https://twitter.com/i/web/status/1055220466888163328

  • “This is this disease they call “the economy” that they keep protecting.”—- Ne

    —“This is this disease they call “the economy” that they keep protecting.”—- Neil A. Bucklew


    Source date (UTC): 2018-10-24 22:06:00 UTC

    Original post: https://twitter.com/i/web/status/1055218880107462657

  • SERF STACKS —“Owning property puts skin in the game. Renting does not. Cities

    SERF STACKS

    —“Owning property puts skin in the game. Renting does not. Cities are just serf stacks.”—Luke Weinhagen

    (ouch… lol )


    Source date (UTC): 2018-10-24 22:04:09 UTC

    Original post: https://twitter.com/i/web/status/1055218414443225088

  • SERF STACKS —“Owning property puts skin in the game. Renting does not. Cities

    SERF STACKS

    —“Owning property puts skin in the game. Renting does not. Cities are just serf stacks.”—Luke Weinhagen

    (ouch… lol )


    Source date (UTC): 2018-10-24 18:03:00 UTC

  • DESTROY THE MIDDLE, COME TO A NEW PLACE WITH A MIDDLE, DESTROY THAT MIDDLE, AND

    https://thehill.com/opinion/finance/412928-middle-class-is-disappearing-in-california-as-wealth-gap-growsTHEY DESTROY THE MIDDLE, COME TO A NEW PLACE WITH A MIDDLE, DESTROY THAT MIDDLE, AND MOVE ON.

    https://thehill.com/opinion/finance/412928-middle-class-is-disappearing-in-california-as-wealth-gap-grows


    Source date (UTC): 2018-10-24 16:32:00 UTC

  • THE OPPORTUNITY COST OF DEFENDING OUR COMMONS by Bill Joslin (perfect example of

    THE OPPORTUNITY COST OF DEFENDING OUR COMMONS

    by Bill Joslin

    (perfect example of economics and law of the commons)

    “When deciding upon defense of the social commons,

    We must continuously calculate “should I bear an opportunity cost (to crush the other) to maintain peace, trust, and cooperation, and therefore to preserve the status quo” versus “the opportunity cost of maintaining the status quo is too high to sustain trust, peace, and cooperation, because the property damages are too high- now we must defect or fight”

    “Our issue today is that our media, academia and state are forcing us to bear the opportunity cost (to not fight) while we watch our properties (decency, culture, transgenerational values, trust) are being dismantled by the mob. We’re at war, but its hard to identify because it is a war of demographics… an ill-defined group which IMO is why identitarianism is on the rise. We’re attempting to identify who, as a group (or army if you will) is under attack and who is attacking. We’re attempting to distinguish friend from foe.”

    And the media, academia and state are obscuring our personal interests under the moral ideal of “tolerance”. If we change the narrative to forbearance, then costs must be defined. If costs are defined, limits to tolerance must be discussed. If limits to tolerance are discussed then it becomes clear we have crossed the limit which demands tolerant to become intolerant ages ago… and if this is clear, then heads will roll.”


    Source date (UTC): 2018-10-21 11:19:00 UTC

  • “Did your views on allocation of public funds change at all when you had childre

    —“Did your views on allocation of public funds change at all when you had children from when you didn’t?”— Dan Springhorn

    No. It was just study of economics and history: data. And most importantly, when I understood the uniqueness of western civilization as commons. Now, there are no such thing as ‘public funds’ other than credit money. The rest is private funds that have been possible because of the political order of property rights. So, there is a difference between redistribution for consumption, and redistribution into commons, and the externalities whether consumptive or common. In general, parks, infrastructure, and insurance are good commons, but charity needs be private so that it produces the optimum externalities (charity) vs the worse possible externalities (welfare that breeds dysgenia).

    ( As a side note, I (me, myself) don’t figure into my thinking much at all. My test is reciprocity, capital production, competition, eugenics, and evolution-transcendence. )


    Source date (UTC): 2018-10-20 08:27:00 UTC

  • Simple But Deep: China

    October 19th, 2018 10:34 AM SIMPLE BUT DEEP [C]hina is using Singapore as a micro model, and Singapore is the biggest advocate of state capitalism. Lee Kwan Yu once said there are two reasons for Asia’s economic success: state capitalism and the US Navy. Asia can’t go to war as long as the US Navy patrols the Pacific and South China Sea. And, of course, the trade routes are open. –by Sean Ring

  • Simple But Deep: China

    October 19th, 2018 10:34 AM SIMPLE BUT DEEP [C]hina is using Singapore as a micro model, and Singapore is the biggest advocate of state capitalism. Lee Kwan Yu once said there are two reasons for Asia’s economic success: state capitalism and the US Navy. Asia can’t go to war as long as the US Navy patrols the Pacific and South China Sea. And, of course, the trade routes are open. –by Sean Ring

  • “CURT: WHAT IS ‘GENETIC LOAD’ IN CONTEXT OF POLITICAL ECONOMY?”— —“Can I get

    —“CURT: WHAT IS ‘GENETIC LOAD’ IN CONTEXT OF POLITICAL ECONOMY?”—

    —“Can I get a quick rundown on genetic load?”—Stephen Murray

    In the context of POLITICAL ECONOMY (What I do) IT’S AN ARGUMENT FOR A ONE CHILD POLICY.

    1) Long version: “… ratio of the employable (productive) to the unemployable (un productive).. sufficient to produce a pareto distribution (power law) at a given level of development (institutions, technology, economy) in competition with (context of) a given world economy (exterior condition). …”

    2) Short version: since you must produce a pareto distribution in order to organize an economy the ratio of the 120+ class to the rest of the population must be sufficient to do so.

    3) Or, shortest version: a small group of people with a median distribution of 100-112 cannot organize a productive competitive polity out of a large population with a median of 75-85.

    4) Or colloquial (“Over Beers”) version:

    – You cannot make a china out of an india.

    – You cannot make a europe out of the middle east.

    – You cannot make a europe out of a south america.

    … without decreasing the genetic load ( by the most civilized means: one child policy.)

    HOWEVER….

    You can however devolve a north america, a europe, a russia into a south america, india, middle east, by increasing genetic load through immigration or asymmetric reproduction.


    Source date (UTC): 2018-10-19 10:23:00 UTC