Mandelbrot did wonderful work on the stock market and this effect. And it’s the best work I have seen: “All stock market activity is noise that reflects nothing but the discount rate moving through the economy.”
@SteveStuWill Um … We have a tendency to seek patterns that allow us to predict future states. It’s all that hierarchies of neurons do. When we study continuous data over a long period of time we adjust. If the article suggests we can shortcut that process it’s hard to believe….
@SteveStuWill Um … We have a tendency to seek patterns that allow us to predict future states. It’s all that hierarchies of neurons do. When we study continuous data over a long period of time we adjust. If the article suggests we can shortcut that process it’s hard to believe….
—“Curt: Google returns precisely zero results for the term ‘financial predationism’. Can you explain it to me?”— Craig Tuohy
The use of fiat money (shares in the economy) dollars to provide liquidity (money necessary to preserve economic velocity and adapt to shocks) through the financial system(banks and financial institutions) that charge interest (profit) on business loans (speculative) consumer purchases(non-speculative) especially home mortgages, automobiles, and durable appliances, (when we are only borrowing from ourselves), or through fiscal policy (spending on government investments) rather than directly distributing liquidity to consumers via credit/debit cards, and thereby avoiding the transaction costs (time and friction of distribution of liquidity) as well as the unearned fees (interest) on borrowing money (liquidity) from ourselves. This is the cause of financialization. Between financialization, taxation, and redistribution of reproduction to immigrants and underclasses the productive classes (labor, working, middle, and professional) are being cyclically genocided against through “Financial Predationism”.
STIGLITZ AS THE ARCHETYPE OF FEMININE ARGUMENT IN ECONOMICS
It’s amazing. You know, I learned more about how to complete the scientific method from studying economics than any other field, with mathematical economics in particular taking the cake. It’s obvious that psychology and sociology are pseudosciences. They’re articulated in the language of all pseudosciences. But mathematical platonism and the use of aggregates are just another way of changing from the grammar of ordinary language (sophism) to the grammar of positional relations (innumeracy). Economics consists of cherry picking on the left and the timidity of the right to re-enage on the painful reality of eugenics that invalidates the entirety of the classical liberal movement to increase the franchise.
The broader question is, how much agency do we have? Women and men demonstrably think very differently because of the difference between utility and truth, and between proportionality and reciprocity, and between dysgenia and eugenia. Why do we assume that this same cognitive bias is limited to gender rather than a balance between the genders, and that different groups don’t just demonstrate the male cognitive bias or the female cognitive bias?
Truth, Reciprocity, and Physical Violence that Ends when Ended, VERSUS Fraud, Proportionality, and Reputation Destruction that Never Ends until Destroyed. Violence and Threats versus Shaming, Ridicule, Gossip, Straw Manning, Rallying, and Reputation Destruction. Those are the Male versus female competitive strategies.
There is nothing in mankind that is complicated other than the lies we tell ourselves and others in order to achieve our desired ends.Updated Oct 6, 2018, 9:07 AM
—“Issuing guaranteed loans that can never be discharged to the cognitively deficient, mass producing baristas with $100k degrees, has effectively created a serf class out of what could have been productive lower middle-middle class workers with apprenticeships and vocational preparation. If that’s not moral hazard I’m not sure what is.”—Joseph Smith
—“Issuing guaranteed loans that can never be discharged to the cognitively deficient, mass producing baristas with $100k degrees, has effectively created a serf class out of what could have been productive lower middle-middle class workers with apprenticeships and vocational preparation. If that’s not moral hazard I’m not sure what is.”—Joseph Smith
(a) it isn’t desirable. (b) it masks temporarily the decline of human capital by generating consumer demand, (c) it allows us to retire on subsistence incomes, keep children out of the work force, (d) it’ redistributes reproduction to immigrants and the underclass. (e) genocide.
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by Dax Rayner
—“Libertarianism is simply marxism for the commons instead of marxism for private property.” —Curt Doolittle
https://propertarianinstitute.com/…/libertarian-pretense-of-payi…/
I’ve been thinking a lot about this statement the past few months and I see it more and more every day now that I’m paying attention to it, every time I’m in a libertarian thread or discussion.
Coming from a libertarian-ish/Ayn Randian worldview myself for much of my life, I began to really heavily question libertarianism the past few years. Anyone who’s known me for awhile can probably tell my positions have shifted quite a bit on many things. It just became glaringly obvious to me that there were a lot of holes and discrepancies between libertarian theories and what we see happening in the real world. I know many others have felt the same way.
I’ve just started scratching the surface of propertarianism as defined by the Propertarian Institute but so far it has given me incredible clarity on the problems I was seeing before with libertarianism that I lacked the operational language to describe.
Simply put: It seems the core problem of libertarianism can be boiled down to mismanagement of the commons, and that is why marxism has run rampant through the education system, pop culture and liberal establishments.
The irony here is that when libertarians talk about the tragedy of the commons it seems they have actually misinterpreted what that means and the REAL tragedy of the commons, at least in the modern West, is an inversion of their analysis. The solutions they propose are not only incorrect but simply not possible. Many libertarians seem to misunderstand or miscategorize what the commons is or in some cases, deny that it even exists at all.
There’s a lot of things that made me begin challenging libertarianism from borders to foreign policy to trade but ultimately what really pushed me over the edge was libertarianism’s complete ineptness and total impotence at countering the societal cancer of social justice warriorism and marxist feminism.
Not only has libertarianism been an abysmal failure at using individualism to effectively thwart leftist authoritarians and SJWs, but in many ways it’s directly contributed to the problem and is even actively working to suppress real solutions to the problem.
I believe this comes down to, again, mismanagement of the commons, as well as gaping holes in the NAP which I’ve seen for a long time, but furthermore an incomplete understanding of what property actually is and inadequate property norms, which I didn’t begin to understand until coming across propertarianism.
If you owned a 30 unit apartment complex and you hired a property management company to take care of it and they allowed the place to turn into a complete dump, with people crapping all over sidewalks, throwing trash on the lawn, etc would you continue to work with that property management company?
That’s basically what libertarianism has given us.
Luke Weinhagen also said it well:
“The way it hit me was that libertarianism survives/exists by miscategorizing relations. Specifically libertarians interpret commons(cooperation) as commons(conflict) and use property rights(IVP) to attempt to resolve that conflict. In doing so they justify libertarianism’s parasitism of the commons(that can only be generated via cooperation) as defense and that justification requires it not suppress any parasitism of the commons(cooperation) as this would self destruct the ideology.”
I’m writing a 4 Part series on this that I’m putting on minds.com to elaborate my thoughts on it. I’m still an amateur when it comes to political science and legal theory but having started, run and sold numerous companies in the digital publishing world over the last decade and a half I’ve dealt with my share of intellectual property issues, so I’m writing from that perspective in addition to my other research. I know this has been a particular sore spot for many other internet marketers as well. Just based on my own personal experience and observations, I would say a loose form of libertarianism is kind of the default political philosophy for a good amount of people in the sales and marketing world I come from. It just naturally appeals to our independent entreprenur/anti-corporate personality. But I think if a lot of people looked into it more they may find the propertarian definitions of property to be much more all encompassing, useful and applicable to the real world, as I have.
Propertarianism has added a whole new dimension of understanding for me when it comes to asset classes, brand protection, diversification & portfolio management.
If you’re a business owner or individual who’s using the ideology and school of libertarianism/AnCapism as your property management company, I might encourage you to consider reevaluating your relationship with them.
They may not be caretaking your family’s future, your community, your assets and your retirement as well as you’ve been led to think.
by Dax Rayner
—“Libertarianism is simply marxism for the commons instead of marxism for private property.” —Curt Doolittle
https://propertarianinstitute.com/…/libertarian-pretense-of-payi…/
I’ve been thinking a lot about this statement the past few months and I see it more and more every day now that I’m paying attention to it, every time I’m in a libertarian thread or discussion.
Coming from a libertarian-ish/Ayn Randian worldview myself for much of my life, I began to really heavily question libertarianism the past few years. Anyone who’s known me for awhile can probably tell my positions have shifted quite a bit on many things. It just became glaringly obvious to me that there were a lot of holes and discrepancies between libertarian theories and what we see happening in the real world. I know many others have felt the same way.
I’ve just started scratching the surface of propertarianism as defined by the Propertarian Institute but so far it has given me incredible clarity on the problems I was seeing before with libertarianism that I lacked the operational language to describe.
Simply put: It seems the core problem of libertarianism can be boiled down to mismanagement of the commons, and that is why marxism has run rampant through the education system, pop culture and liberal establishments.
The irony here is that when libertarians talk about the tragedy of the commons it seems they have actually misinterpreted what that means and the REAL tragedy of the commons, at least in the modern West, is an inversion of their analysis. The solutions they propose are not only incorrect but simply not possible. Many libertarians seem to misunderstand or miscategorize what the commons is or in some cases, deny that it even exists at all.
There’s a lot of things that made me begin challenging libertarianism from borders to foreign policy to trade but ultimately what really pushed me over the edge was libertarianism’s complete ineptness and total impotence at countering the societal cancer of social justice warriorism and marxist feminism.
Not only has libertarianism been an abysmal failure at using individualism to effectively thwart leftist authoritarians and SJWs, but in many ways it’s directly contributed to the problem and is even actively working to suppress real solutions to the problem.
I believe this comes down to, again, mismanagement of the commons, as well as gaping holes in the NAP which I’ve seen for a long time, but furthermore an incomplete understanding of what property actually is and inadequate property norms, which I didn’t begin to understand until coming across propertarianism.
If you owned a 30 unit apartment complex and you hired a property management company to take care of it and they allowed the place to turn into a complete dump, with people crapping all over sidewalks, throwing trash on the lawn, etc would you continue to work with that property management company?
That’s basically what libertarianism has given us.
Luke Weinhagen also said it well:
“The way it hit me was that libertarianism survives/exists by miscategorizing relations. Specifically libertarians interpret commons(cooperation) as commons(conflict) and use property rights(IVP) to attempt to resolve that conflict. In doing so they justify libertarianism’s parasitism of the commons(that can only be generated via cooperation) as defense and that justification requires it not suppress any parasitism of the commons(cooperation) as this would self destruct the ideology.”
I’m writing a 4 Part series on this that I’m putting on minds.com to elaborate my thoughts on it. I’m still an amateur when it comes to political science and legal theory but having started, run and sold numerous companies in the digital publishing world over the last decade and a half I’ve dealt with my share of intellectual property issues, so I’m writing from that perspective in addition to my other research. I know this has been a particular sore spot for many other internet marketers as well. Just based on my own personal experience and observations, I would say a loose form of libertarianism is kind of the default political philosophy for a good amount of people in the sales and marketing world I come from. It just naturally appeals to our independent entreprenur/anti-corporate personality. But I think if a lot of people looked into it more they may find the propertarian definitions of property to be much more all encompassing, useful and applicable to the real world, as I have.
Propertarianism has added a whole new dimension of understanding for me when it comes to asset classes, brand protection, diversification & portfolio management.
If you’re a business owner or individual who’s using the ideology and school of libertarianism/AnCapism as your property management company, I might encourage you to consider reevaluating your relationship with them.
They may not be caretaking your family’s future, your community, your assets and your retirement as well as you’ve been led to think.
Steven, Measuring Violence Deltas doesn’t help us as much as measuring theft. With material goods replaced by title to fractional goods, we have simply devalued violence and increased the value of cunning, deceit, fraud, and conspiracy. Those men lived in a very different world.
