Curt Doolittle

Category: Economics, Finance, and Political Economy

  • The evidence of the 20th century experiment is in. it’s a failure. For the very

    The evidence of the 20th century experiment is in. it’s a failure. For the very reason that democracy and socialism have always been failures: the inability to prevent consumption to the point of maximum rents that produces inability to adapt to shocks.

    Source date (UTC): 2018-01-20 18:38:56 UTC

    Original post: https://twitter.com/i/web/status/954785329097166853

    Reply addressees: @ReneeStephen @kjhealy @mattyglesias

    Replying to: https://twitter.com/i/web/status/954784124761337856

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/954784124761337856

  • Hence the optimum, and ONLY MORAL proposition is to separate and let consumption

    Hence the optimum, and ONLY MORAL proposition is to separate and let consumption run its course, while those of us accumulate capital and watchy you turn the ‘third way’ into the levantine way, just as christianity and islam did, and marxism postmodernism attempt to.

    Source date (UTC): 2018-01-20 18:32:24 UTC

    Original post: https://twitter.com/i/web/status/954783685215219713

    Reply addressees: @ReneeStephen @kjhealy @mattyglesias

    Replying to: https://twitter.com/i/web/status/954783303609053184

    IN REPLY TO:

    Unknown author

    @ReneeStephen @kjhealy @mattyglesias If your premise is, that the people engage in temporal folly that produces intertemporal catastrophe (which is empirically, the case), then, I agree to allow the fools to govern their way (capital consumption), and the rest of us intertemporally (capital accumulation).

    Original post: https://x.com/i/web/status/954783303609053184

    IN REPLY TO:

    @curtdoolittle

    @ReneeStephen @kjhealy @mattyglesias If your premise is, that the people engage in temporal folly that produces intertemporal catastrophe (which is empirically, the case), then, I agree to allow the fools to govern their way (capital consumption), and the rest of us intertemporally (capital accumulation).

    Original post: https://x.com/i/web/status/954783303609053184

  • Why Are The Military Members Suffering In The United States?

    You’re kidding. By and large the military is a middle class and lower middle class redistribution system. The only problems that are ‘real’ are the tendency of these people to get married and have children before earning their pensions, or at least before passing 30.

    https://www.quora.com/Why-are-the-military-members-suffering-in-the-United-States

  • Can Marx’s Labor Theory Of Value And Marginalist Economics Be Coherently Combined Without Any Essential Loss To Both Sides?

    No. Marxism is pseudoscience and contrary to incentives and demonstrated behavior – even contrary to evolutionary necessity – and marginalist economics is both logical and empirical and corresponds to incentives and demonstrated behavior – and it’s an expression of evolutionary necessity

    https://www.quora.com/Can-Marxs-labor-theory-of-value-and-marginalist-economics-be-coherently-combined-without-any-essential-loss-to-both-sides

  • Can Marx’s Labor Theory Of Value And Marginalist Economics Be Coherently Combined Without Any Essential Loss To Both Sides?

    No. Marxism is pseudoscience and contrary to incentives and demonstrated behavior – even contrary to evolutionary necessity – and marginalist economics is both logical and empirical and corresponds to incentives and demonstrated behavior – and it’s an expression of evolutionary necessity

    https://www.quora.com/Can-Marxs-labor-theory-of-value-and-marginalist-economics-be-coherently-combined-without-any-essential-loss-to-both-sides

  • Why Are The Military Members Suffering In The United States?

    You’re kidding. By and large the military is a middle class and lower middle class redistribution system. The only problems that are ‘real’ are the tendency of these people to get married and have children before earning their pensions, or at least before passing 30.

    https://www.quora.com/Why-are-the-military-members-suffering-in-the-United-States

  • WE NEED NOT REDUCE BEHAVIORAL DEMANDS FOR ENTERING INTO THE MARKET Middle class

    WE NEED NOT REDUCE BEHAVIORAL DEMANDS FOR ENTERING INTO THE MARKET

    Middle class means, has meant, and must mean, participation in commons and market.

    if you aren’t able to demonstrate middle class manners, ethics, and morals, such that the commercial commons is but a larger and more active church, then why permit you into that market without extraordinary liability protection.

    Source date (UTC): 2018-01-19 21:31:00 UTC

  • We Need Not Reduce Behavioral Demands For Entering Into The Market

    Middle class means, has meant, and must mean, participation in commons and market. if you aren’t able to demonstrate middle class manners, ethics, and morals, such that the commercial commons is but a larger and more active church, then why permit you into that market without extraordinary liability protection.

  • We Need Not Reduce Behavioral Demands For Entering Into The Market

    Middle class means, has meant, and must mean, participation in commons and market. if you aren’t able to demonstrate middle class manners, ethics, and morals, such that the commercial commons is but a larger and more active church, then why permit you into that market without extraordinary liability protection.

  • OPERATIONAL ECONOMICS IS A MINIMUM NECESSARY SKILL FOR PARTICIPATION IN POST-MED

    OPERATIONAL ECONOMICS IS A MINIMUM NECESSARY SKILL FOR PARTICIPATION IN POST-MEDIEVAL DISCOURSE.

    If you don’t understand operational economics, meaning opportunities, incentives and the equilibration of those opportunities as we act on them, then you are no different in your deficiencies from a late medieval rationalist ignorant of empiricism.

    Economics is counter-intuitive, in large part because it exposes the fallacies of ethical, moral, and ‘good’ pretenses and creates a measurable means testing ethical and moral thoughts, words, and actions.

    We are, and we act, as extensions of the physical universe, and we do so by exactly the same laws, and language just is a polite means of negotiating with others.

    The advantage intelligence, of memory, of the ability to cooperate, and of the ability to live for three weeks without food, is that we can use fairly long periods to plan short medium and long term means of expending small amounts of energy as individuals, and together as groups, to capture calories necessary to support that fairly expensive neurological system.

    We are simply a better means of capturing, converting, and concentrating energy in a universe of perpetual entropy, because our memories allow us to predict the future, and act to seize the opportunity or alter it and create it or seize the risk and alter ir.

    At some point humans must stop seeking discounts (cunning in the short term ) and produce returns ( productivity through invention).

    And we seem to covet a steady state, yet never wish to pay for the long investments that make the great leaps in wealth possible.

    Because they are only possible when an elite minority possesses both technological advantage AND an internal demand to create markets that produce returns, rather than predations that prevent them in exchange for current and near term signal and consumption.

    Source date (UTC): 2018-01-19 07:42:00 UTC