Curt Doolittle

Category: Economics, Finance, and Political Economy

  • Commercialism

    —“There are too many examples of how the short-sighted, or medium-sighted, values of our commercial elite conflict with the long-term values of the genetic and cultural group. This isn’t a new phenomenon but its effects have been amplified since the industrial revolution and our defenses have not kept pace with or adequately utilized the technological advances of the day. The influence of the commercial sector is vast and restraints on it are ineffective. An additional problem is that since the death of god and the disintegration of our religious institutions, we perceive profit in wholly materialistic terms. I think your emphasis on an expanded appreciation of property may be an antidote to this aspect of the problem.”— Tim Spillane Commercialism (Unregulated Capitalism) = Universalism at the expense of the people who make such commerce possible.

  • September 13th, 2018 1:22 AM by Joseph Smith —“the cognitively deficient essen

    September 13th, 2018 1:22 AM by Joseph Smith

    —“the cognitively deficient essentially unionize to overrule the dictates of the market and natural law if the capable and productive are going to allow it. If we’re totally separating morality out of it and ignoring how cancerous and destructive it is for the world and humanity as a whole, they do actively profit more so by envy and its accompanying precepts than by honest effort. Many actually don’t possess the mental tools. To tell them to just be smarter/more productive would be like telling you to be taller. They’re legitimately limited by genetics, operating on the signals and incentives available to them to gather the most resources and political influence possible under their present circumstances. I used to think they were lazy…but based on all the evidence I can surmise that they’re fundamentally limited and scared, thrashing about like a drowning man for a life jacket. We allowed the course of nature to be subverted for too long, there shouldn’t be this many and we’re headed towards a market correction on that.”—-

  • September 13th, 2018 1:22 AM by Joseph Smith —“the cognitively deficient essen

    September 13th, 2018 1:22 AM by Joseph Smith

    —“the cognitively deficient essentially unionize to overrule the dictates of the market and natural law if the capable and productive are going to allow it. If we’re totally separating morality out of it and ignoring how cancerous and destructive it is for the world and humanity as a whole, they do actively profit more so by envy and its accompanying precepts than by honest effort. Many actually don’t possess the mental tools. To tell them to just be smarter/more productive would be like telling you to be taller. They’re legitimately limited by genetics, operating on the signals and incentives available to them to gather the most resources and political influence possible under their present circumstances. I used to think they were lazy…but based on all the evidence I can surmise that they’re fundamentally limited and scared, thrashing about like a drowning man for a life jacket. We allowed the course of nature to be subverted for too long, there shouldn’t be this many and we’re headed towards a market correction on that.”—-

  • September 12th, 2018 6:14 PM by Skye Stewart Dig a little most lefties don’t int

    September 12th, 2018 6:14 PM by Skye Stewart

    Dig a little most lefties don’t intuitively grasp Econ 101. So rich people qualitatively are those who have taken from others. Of course, opponents, forgetting there is no ‘pure’free market, often forget many rich people have their positions due precisely to unearned political rents to some degree. So some naturally get pissed off when they see economic inequality, and are sometimes wrong in their assumptions about its causal nature, while others do not get pissed off though they should be since it was unearned, at least economically.

  • by Skye Stewart Dig a little most lefties don’t intuitively grasp Econ 101. So r

    by Skye Stewart

    Dig a little most lefties don’t intuitively grasp Econ 101. So rich people qualitatively are those who have taken from others.

    Of course, opponents, forgetting there is no “pure” free market, often forget many rich people have their positions due precisely to unearned political rents to some degree.

    So some naturally get pissed off when they see economic inequality, and are sometimes wrong in their assumptions about its causal nature, while others do not get pissed off though they should be since it was unearned, at least economically.

    Source date (UTC): 2018-09-12 18:14:00 UTC

  • September 12th, 2018 10:48 AM —“There are too many examples of how the short-s

    September 12th, 2018 10:48 AM

    —“There are too many examples of how the short-sighted, or medium-sighted, values of our commercial elite conflict with the long-term values of the genetic and cultural group. This isn’t a new phenomenon but its effects have been amplified since the industrial revolution and our defenses have not kept pace with or adequately utilized the technological advances of the day. The influence of the commercial sector is vast and restraints on it are ineffective. An additional problem is that since the death of god and the disintegration of our religious institutions, we perceive profit in wholly materialistic terms. I think your emphasis on an expanded appreciation of property may be an antidote to this aspect of the problem.”— Tim Spillane

    Commercialism (Unregulated Capitalism) = Universalism at the expense of the people who make such commerce possible.

  • September 12th, 2018 10:48 AM —“There are too many examples of how the short-s

    September 12th, 2018 10:48 AM

    —“There are too many examples of how the short-sighted, or medium-sighted, values of our commercial elite conflict with the long-term values of the genetic and cultural group. This isn’t a new phenomenon but its effects have been amplified since the industrial revolution and our defenses have not kept pace with or adequately utilized the technological advances of the day. The influence of the commercial sector is vast and restraints on it are ineffective. An additional problem is that since the death of god and the disintegration of our religious institutions, we perceive profit in wholly materialistic terms. I think your emphasis on an expanded appreciation of property may be an antidote to this aspect of the problem.”— Tim Spillane

    Commercialism (Unregulated Capitalism) = Universalism at the expense of the people who make such commerce possible.

  • 3 – My belief is that they can no longer use the financial system or fiscal spen

    3 – My belief is that they can no longer use the financial system or fiscal spending to correct the economy, and as such must (and we must prepare them to) directly redistribute liquidity to consumers (citizens). A few of us recommended paying down mortgages instead.

    Source date (UTC): 2018-09-11 12:22:38 UTC

    Original post: https://twitter.com/i/web/status/1039489390605680641

    Reply addressees: @YungLung710

    Replying to: https://twitter.com/i/web/status/1039369495616270336

    IN REPLY TO:

    @YungLung710

    @curtdoolittle Do you think this next economic recession will be worse than the one in 2008?

    Original post: https://twitter.com/i/web/status/1039369495616270336

  • 2- I think it should happen fairly soon somewhere between 2020 and 2025. I said

    2- I think it should happen fairly soon somewhere between 2020 and 2025. I said 2020 in 2006, and so far I am on track with everything other than china – which I thought would correct by now. It may happen in 2019 instead.

    Source date (UTC): 2018-09-11 12:21:10 UTC

    Original post: https://twitter.com/i/web/status/1039489024082231297

    Reply addressees: @YungLung710

    Replying to: https://twitter.com/i/web/status/1039369495616270336

    IN REPLY TO:

    @YungLung710

    @curtdoolittle Do you think this next economic recession will be worse than the one in 2008?

    Original post: https://twitter.com/i/web/status/1039369495616270336

  • 1 – I think that most of the skeptics (including me) who specialize in contraria

    1 – I think that most of the skeptics (including me) who specialize in contrarianism (the tendency of markets to disequilibrate and crash) are fairly certain that the use of monetary policy and fiscal stimulus is no longer capable of influencing the economy

    Source date (UTC): 2018-09-11 12:18:36 UTC

    Original post: https://twitter.com/i/web/status/1039488377496776704

    Reply addressees: @YungLung710

    Replying to: https://twitter.com/i/web/status/1039369495616270336

    IN REPLY TO:

    @YungLung710

    @curtdoolittle Do you think this next economic recession will be worse than the one in 2008?

    Original post: https://twitter.com/i/web/status/1039369495616270336