Category: Economics, Finance, and Political Economy

  • SOCIAL DEMOCRACY is NOT SOCIALISM. Socialism (centralization of the means of pro

    SOCIAL DEMOCRACY is NOT SOCIALISM.
    Socialism (centralization of the means of production) does not work – it has failed every time, and it must fail.

    Finland is a small homogenous high-iq northern European protestant culture. They are not saddled with three underclasses as the USA is (black, hispanic, and now muslim). And they do not ‘tolerate’ the freedoms to be lazy etc that the USA does.


    Source date (UTC): 2025-11-03 20:01:47 UTC

    Original post: https://twitter.com/i/web/status/1985437271622107607

  • Our Hierarchy of Economic Models We divide economics into neural, behavioral, mi

    Our Hierarchy of Economic Models

    We divide economics into neural, behavioral, micro, political, and macro, and evolutionary economics, and everything else a derivative of one of them.
    Neural energy limits define the range of behavioral possibilities.
    Behavioral patterns define the formation and equilibrium of markets.
    Market equilibria define the structure and necessity of political institutions.
    Political institutions define the degree of macroeconomic stability and intertemporal coordination.
    Macroeconomic stability determines a polity’s evolutionary fitness among competing polities.
    Evolutionary feedback selects for institutional and behavioral adaptations that optimize cooperation and resource use.
    Evolutionary outcomes feed back to the neural level through prosperity, nutrition, stress, and selection on cognition, completing the loop of adaptation between biology and civilization.

    • Upward Constraint Flow:
      Neural → Behavioral → Micro → Political → Macro → Evolutionary.
      Each layer’s limits define the possibility space for the next.
    • Downward Selection Flow:
      Evolutionary pressures (war, trade, technology, fertility, migration) act as
      filters on macro- and political systems, rewarding adaptive institutions and punishing maladaptive ones.
    • Feedback Closure:
      Successful polities alter global constraints—reshaping markets, institutions, and ultimately the neuro-behavioral ecology of their populations through prosperity, nutrition, and education.
      This closes the evolutionary loop:
      neurons → markets → nations → civilizations → neurons.
    1. Neural constraints set the bounds of possible cognition (signal detection, valuation resolution, temporal discounting).
    2. These bounds generate behavioral regularities — risk aversion, time preference, reciprocity bias.
    3. Behavioral regularities, aggregated, produce micro-equilibria (market behaviors).
    4. Micro-equilibria, codified through law and norms, generate political economies.
    5. Political economies, scaled in time and capital, yield macro-dynamics (growth, debt, inflation).
    Each level inherits its constraints from the prior and produces its own incentives for the next.
    • Closure: It ensures all higher claims remain reducible to physically possible processes (no metaphysical free agents).
    • Causality: It keeps every economic claim inside the domain of natural law — energy, time, information, and cooperation.
    • Decidability: It eliminates subjectivist and ideological ambiguity by grounding value in measurable neural operations.
    • Operationality: It allows construction of testable models of preference, learning, and exchange as computational processes.
    • Reciprocity: It reveals that fairness, trust, and reputation are not moral fictions but neural cost-optimization strategies.


    Source date (UTC): 2025-10-31 18:30:06 UTC

    Original post: https://x.com/i/articles/1984327033770688750

  • I would need to see a alternative stable place to invest money with enough econo

    I would need to see a alternative stable place to invest money with enough economic activity and security to provide returns on it..


    Source date (UTC): 2025-10-30 05:08:29 UTC

    Original post: https://twitter.com/i/web/status/1983762913644179802

  • Advice for those who want to make sense of economics, and by shallow understandi

    Advice for those who want to make sense of economics, and by shallow understanding, don’t make sense of it. 😉


    Source date (UTC): 2025-10-29 18:11:18 UTC

    Original post: https://twitter.com/i/web/status/1983597525505601691

  • But it isn’t. It’s a matter of demand for the dollar vs the rate of dilution in

    But it isn’t. It’s a matter of demand for the dollar vs the rate of dilution in a world where they is the least bad choice. At least in the USA we don’t violate property.


    Source date (UTC): 2025-10-29 16:53:09 UTC

    Original post: https://twitter.com/i/web/status/1983577860058313029

  • GOOD OPINIONS: Cathy Wood on the US economic future. I hold the same opinion. An

    GOOD OPINIONS:
    Cathy Wood on the US economic future.
    I hold the same opinion. And yes, Trump’s team is in large part responsible, both for our strength and world weakness.
    First Point: the effective rate of corporate taxation if investing in say, repatriating manufacturing, is only 10-12%. That’s the lowest in the world. After tax returns dramatically higher.
    The Second: The Dollar will strengthen. As I’ve said, the more chaotic the world whether war, politics, or trade the better the North AMERICAN ISLAND will fare vs the WORLD ISLAND.
    The third: If this happens, the dollar will be a better investment than gold.
    This is not the first time in my lifetime (think 80s) that this has happened.
    Cathy has been betting on revolutionary technological change in multiple fields. IMO capital MUST flee to promising fields. This reallocation of investment should drive growth, pulling us out of our rolling recession and into growth.
    IMO the only thing that will diminish the present probability of civil war in the USA and world wars externally, is this tech, investment, economic, shift.


    Source date (UTC): 2025-10-29 16:37:25 UTC

    Original post: https://twitter.com/i/web/status/1983573899813253274

  • Adam ( @AdameMedia ) This is an exellent example of people with little understan

    Adam (
    @AdameMedia
    )
    This is an exellent example of people with little understanding of economic foundations failing to grasp the ‘science’ behind their observations.
    1) All Capital is a store of time.
    2) All Credit and Debt are a trade of time.
    3) All Contracts of credit and debt (promises) are agreements over presumed (theoretical) returns on time.
    4) All stock prices constitute anticipated but unrealized returns on time.
    5) All modernity is predicated on this speculation of returns on time.

    There is nothing illogical, foolish, or nefarious about speculating returns on time. The mistake you are making is confusing temporal asset of currency with the inter temporal asset of shared hypotheses of the potential returns on time

    The fact that we use dollars to provide commensurability between two different things is no different from using numbers to compare lengthens or weights or volumes of two different things.

    Doing so is s a cognitive crutch for natural limitations of our human brains.

    ‘AS FOR THE POTENTIAL’

    The truth is you and the author of the original post are simply wrong. I know so because we have already solved hallucination and determinism problems, and my organization has solved truth ethics and possibility. That means the only remaining technical problem is episodic memory for indexing and prediction.After that all ai improvements are simply matters of learning recursively – which is something all of us know how to do. And after that it’s a matter of waiting for neuromorphic hardware instead of compression through matrix mathematics – a solution that will collapse the power consumption issue but is still two decades away (estimated).

    AS FOR THE INCENTIVE
    Given the spectrum of incentives which will be as big a leap as the Industrial Revolution, it is logical to pursue the investment just as it was the space program and the settlement of the west.

    There is nothing odd or extreme or irrational here.


    Source date (UTC): 2025-10-27 16:05:22 UTC

    Original post: https://twitter.com/i/web/status/1982841057554645022

  • It’s not a stupid question, but the answer is simple.. A commons is to the benef

    It’s not a stupid question, but the answer is simple.. A commons is to the benefit of all regardless of income. Consumption is to the ‘benefit’ of the individual, and largely in signal value, and not to the benefit of the polity.


    Source date (UTC): 2025-10-23 22:19:38 UTC

    Original post: https://twitter.com/i/web/status/1981485695630991603

  • RE: FUTURE ECONOMIC ORGANIZATION I think that many of us see a change of vast pr

    RE: FUTURE ECONOMIC ORGANIZATION

    I think that many of us see a change of vast proportions, and that the economic value of the individual is in question when we discuss consumption goods.

    Our assertion is that we will need fewer poeple in production distribution and trade, and will be able to shift those people to the production of commons.

    Think of the use of people in egypt on one hand, to the soviet experience, to village polity of the middle ages england, to contemporary america on the other.

    This forms a spectrum between central organization of production of goods and commons to the distributed production.  But the allocation of the population within that spectrum between private and public goods is variable.

    So we have two dimensions to play with as humans: the dominant means of organization, and the application of people variable.

    So I don’t really see these potential futures as ‘challenges’ I see them as questions of practical necessity.

    Our organization recommends all peoples base their polities on natural law, while the means of political decision making and the means of economic organization must be flexible and the polity’s ability to adapt politically and economically a choice built into the political order (constitution).

    So the future if it manifests as a decrease in the necessity of people to be allocated to production, then it just means we allocate people to the production of commons.

    Right now there is a terrible failure to maintain the commons – whereas much of europe remains an open air museum.  And that investment into the commons creates a better environment for all, and a greater common interest for all.


    Source date (UTC): 2025-10-23 16:02:46 UTC

    Original post: https://twitter.com/i/web/status/1981390854834311577

  • @JasonHartmanROI Feedback: Todays newsletter. Good piece. I think those of us on

    @JasonHartmanROI

    Feedback: Todays newsletter. Good piece. I think those of us on the doom side come from economics and are currently worried about possible crises driving unemployment and capital market correction with impact on real estate only as a consequence. That said, your argument that equity or full ownership combined with interest rate lock in should moderate our pessimism.
    Thanks.


    Source date (UTC): 2025-10-21 16:05:09 UTC

    Original post: https://twitter.com/i/web/status/1980666677844177007