Curt Doolittle

Category: Economics, Finance, and Political Economy

  • My answer to Aren’t conservative and libertarian values generally fairly similar

    My answer to Aren’t conservative and libertarian values generally fairly similar on topics like taxes? I saw a meme… https://www.quora.com/Aren%E2%80%99t-conservative-and-libertarian-values-generally-fairly-similar-on-topics-like-taxes-I-saw-a-meme-on-a-conservative-page-with-the-quote-%E2%80%98How-the-Grinch-stole-my-income-by-being-libertarian%E2%80%99-Why-was-this/answer/Curt-Doolittle?srid=u4Qv

    Source date (UTC): 2017-12-19 01:05:27 UTC

    Original post: https://twitter.com/i/web/status/942923800013889538

  • What Do You Learn When Majoring In Political Economy?

    Formal Institutions matter a lot. In particular, the production of legislation and regulation matter a lot. Informal Institutions matter a lot. Particularly religions (mostly bad if not universally bad), Trust in one another to adhere to promises, Marriage age, marriage with inbreeding, and inheritance structures. Sizes of the different Classes matter a lot. The general problem for any people is creating a non-parasitic middle class out of any available underutilized human capital. Demographics matter a lot. As uncomfortable as it is, class structures are genetic in origin, and the more people you have below 100 (the lower your average IQ) the more difficult it will be to produce. Resources are generally a curse, not a benefit. The central problem is corruption, and only northern europeans have managed to eliminate it – and it looks like elsewhere it’s impossible.

    What you won’t learn is that (a) democracy has largely been a catastrophe. (b) the european constitutional monarchies were probably the best governments ever invented. (c) modern governments are luxuries of the low hanging fruit of industrial revolution and petroleum, and will end within the next lifetime or two. (d) modern macro economics consists largely of ‘how much can we deceive people so that they keep spending money they don’t have and can’t recover’.

    Yeah. It’s really like that.

    Cheers.

    https://www.quora.com/What-do-you-learn-when-majoring-in-political-economy

  • What Do You Learn When Majoring In Political Economy?

    Formal Institutions matter a lot. In particular, the production of legislation and regulation matter a lot. Informal Institutions matter a lot. Particularly religions (mostly bad if not universally bad), Trust in one another to adhere to promises, Marriage age, marriage with inbreeding, and inheritance structures. Sizes of the different Classes matter a lot. The general problem for any people is creating a non-parasitic middle class out of any available underutilized human capital. Demographics matter a lot. As uncomfortable as it is, class structures are genetic in origin, and the more people you have below 100 (the lower your average IQ) the more difficult it will be to produce. Resources are generally a curse, not a benefit. The central problem is corruption, and only northern europeans have managed to eliminate it – and it looks like elsewhere it’s impossible.

    What you won’t learn is that (a) democracy has largely been a catastrophe. (b) the european constitutional monarchies were probably the best governments ever invented. (c) modern governments are luxuries of the low hanging fruit of industrial revolution and petroleum, and will end within the next lifetime or two. (d) modern macro economics consists largely of ‘how much can we deceive people so that they keep spending money they don’t have and can’t recover’.

    Yeah. It’s really like that.

    Cheers.

    https://www.quora.com/What-do-you-learn-when-majoring-in-political-economy

  • Is It Theoretically Possible To Cause The Bitcoin Crash With A Small Coordinated Group. What Steps Might They Take?

    Use periods of low volume to spike the price.
    Sell in periods of high volume purchases.
    Repeat to boost the price to extremes.
    Sell repeatedly at low volume lows to cause panic.
    Start rumors of miners or agents causing threats.
    Produce believable reports that on a given date a large government will seize certain miners and prohibit all future transaction.

    repeat until people lose interest.

    just how its done in the stock market today.

    https://www.quora.com/Is-it-theoretically-possible-to-cause-the-bitcoin-crash-with-a-small-coordinated-group-What-steps-might-they-take

  • Should The United States Start Charging Other Countries For Protection?

    We already do. By providing the “Petro-Dollar” and “Reserve Currency” (look them up), the USA creates demand for US currency and US debt, and then deflates that debt away through inflating the dollar – and american citizens obtain nearly everything in the world at a discount. This is how the USA ‘taxed’ the world for our protection, and that is precisely why the Europeans, Russians, Iranians, and Chinese want to both control oil, and replace the dominance of the dollar as the world reserve currency and as the world medium of petroleum exchange.

    For all intents and purposes, the world runs on American Law, American Dollars, and American Trade Routes. Which is the value of a huge military: obtaining discounts on trade.

    https://www.quora.com/Should-the-United-States-start-charging-other-countries-for-protection

  • Is It Theoretically Possible To Cause The Bitcoin Crash With A Small Coordinated Group. What Steps Might They Take?

    Use periods of low volume to spike the price.
    Sell in periods of high volume purchases.
    Repeat to boost the price to extremes.
    Sell repeatedly at low volume lows to cause panic.
    Start rumors of miners or agents causing threats.
    Produce believable reports that on a given date a large government will seize certain miners and prohibit all future transaction.

    repeat until people lose interest.

    just how its done in the stock market today.

    https://www.quora.com/Is-it-theoretically-possible-to-cause-the-bitcoin-crash-with-a-small-coordinated-group-What-steps-might-they-take

  • Should The United States Start Charging Other Countries For Protection?

    We already do. By providing the “Petro-Dollar” and “Reserve Currency” (look them up), the USA creates demand for US currency and US debt, and then deflates that debt away through inflating the dollar – and american citizens obtain nearly everything in the world at a discount. This is how the USA ‘taxed’ the world for our protection, and that is precisely why the Europeans, Russians, Iranians, and Chinese want to both control oil, and replace the dominance of the dollar as the world reserve currency and as the world medium of petroleum exchange.

    For all intents and purposes, the world runs on American Law, American Dollars, and American Trade Routes. Which is the value of a huge military: obtaining discounts on trade.

    https://www.quora.com/Should-the-United-States-start-charging-other-countries-for-protection

  • Why I Want A Btc Or Equivalent

    Not as a store of value, but as something that CANT BE STOLEN BY THE STATE.

  • Why I Want A Btc Or Equivalent

    Not as a store of value, but as something that CANT BE STOLEN BY THE STATE.

  • WHY I WANT A BTC OR EQUIVALENT Not as a store of value, but as something that CA

    WHY I WANT A BTC OR EQUIVALENT

    Not as a store of value, but as something that CANT BE STOLEN BY THE STATE.

    Source date (UTC): 2017-12-16 12:37:00 UTC