Curt Doolittle

Category: Economics, Finance, and Political Economy

  • Interest on production is necessary to measure use of the universe’s resources.

    Interest on production is necessary to measure use of the universe’s resources. But Interest on consumption is parasitism. You are a serf.

    Source date (UTC): 2016-04-07 03:08:00 UTC

  • You have been duped by the use of moral language to advocate economic policy. Th

    You have been duped by the use of moral language to advocate economic policy. There is no moral or economic purpose for consumer credit.

    Source date (UTC): 2016-04-07 03:05:00 UTC

  • You pay interest on consumer goods, while businesses do not? This is the inverse

    You pay interest on consumer goods, while businesses do not? This is the inverse of what is necessary. Theorize Production. Satisfy Demand.

    Source date (UTC): 2016-04-07 03:04:00 UTC

  • The greatest economic potential of the continent is waiting to be set free. Free

    The greatest economic potential of the continent is waiting to be set free. Free the Nine. OUR EVOLUTION REQUIRES DEVOLUTION. #NewRight

    Source date (UTC): 2016-04-07 02:56:00 UTC

  • Economic Thinking = Full Accounting

    [E]conomic thinking (equilibrialism), which can also be referred to as ‘full accounting’, is unnatural since humans minds evolved a bias toward recalling ‘what worked last time’, not ‘what is true” or “what is complete”. We are pretty good at moral intuitions – not imposing costs physically (crimes), interpersonally (Ethics) or by externality (morals). But we are not able to explain those intuitions in rational terms as other than feelings taht physical (criminal), interpersonal (ethical) and external (moral) costs are somehow bad. Economics gives us this language.

    However, economics can be used to IMPROVE this information, or it can be used to DISTORT this information. The difference between mainstream economics(rule-by-credit) and austrian economics (institutions of cooperation) is that the way Austrians seek to improve our lot is by improving information without criminal, unethical, or immoral policy. While mainstream economics forgives criminal, unethical, and immoral policy if it suits socialistic (collectivist) ends. Full accounting of costs tell us that the net balance of mainstream economics is dysgenia, and the net balance of Austrian economics is eugenic. For obvious reasons it is not possible under democracy to make use of the traditional western eugenic policies. Whereas democracy mandates that dysgenic policies will be followed – nothing else is possible. Democracy = Dysgenia, Aristocracy (meritocracy) = Eugenia. It’s not complicated. But the consequences are profound.

  • Economic Thinking = Full Accounting

    [E]conomic thinking (equilibrialism), which can also be referred to as ‘full accounting’, is unnatural since humans minds evolved a bias toward recalling ‘what worked last time’, not ‘what is true” or “what is complete”. We are pretty good at moral intuitions – not imposing costs physically (crimes), interpersonally (Ethics) or by externality (morals). But we are not able to explain those intuitions in rational terms as other than feelings taht physical (criminal), interpersonal (ethical) and external (moral) costs are somehow bad. Economics gives us this language.

    However, economics can be used to IMPROVE this information, or it can be used to DISTORT this information. The difference between mainstream economics(rule-by-credit) and austrian economics (institutions of cooperation) is that the way Austrians seek to improve our lot is by improving information without criminal, unethical, or immoral policy. While mainstream economics forgives criminal, unethical, and immoral policy if it suits socialistic (collectivist) ends. Full accounting of costs tell us that the net balance of mainstream economics is dysgenia, and the net balance of Austrian economics is eugenic. For obvious reasons it is not possible under democracy to make use of the traditional western eugenic policies. Whereas democracy mandates that dysgenic policies will be followed – nothing else is possible. Democracy = Dysgenia, Aristocracy (meritocracy) = Eugenia. It’s not complicated. But the consequences are profound.

  • RUSSIAN LESSON OF THE DAY SUPPLY AND DEMAND спрос и предложение spross y pred-lo

    RUSSIAN LESSON OF THE DAY

    SUPPLY AND DEMAND

    спрос и предложение

    spross y pred-lo-zhennia

    “demand and supply”

    Supply and Demand

    TRAGEDY OF THE COMMONS

    Трагедия общественного достояния

    Tragediya obshchestvennogo dostoyaniya

    tra-jeh-dee-a ob-sha-chest-venn-ogo dost-oy-ann-ia

    “Tragedy of the Public Domain”

    Tragedy of the Commons

    Source date (UTC): 2016-04-05 07:31:00 UTC

  • WE ARE COMPETITORS NOT ALLIES, NOT FRIENDS 1) we are competitors not allies. We

    WE ARE COMPETITORS NOT ALLIES, NOT FRIENDS

    1) we are competitors not allies. We cooperate economically for mutual gain. But if cooperation requires that we sacrifice to increase the numbers of our competitors then this is not beneficial but parasitic and suicidal.

    2) you do not understand economics. To move every human in a network requires the application of marginal differences in incentives. This requires vast capital. It is through vast capital applied as incentives that we produce the voluntary organization of production.

    3) The mistakes you are making are a) that we are kin rather than competitors, b) that it is possible to organize by any other means c) that the world poor would not continually breed us into perpetual poverty d) that the objective we must pursue is the prevention of the poor from reproducing.

    4) Islam is a cancer that the west, the Russians, the Africans, the Hindus, and the East Asians need eradicate from this earth. Muslims are the only remaining uncivilized people on earth – and outside of Africa’s good christians, the dumbest people on earth. We must end Islam forever.

    Is that clear enough?

    Source date (UTC): 2016-04-04 03:28:00 UTC

  • I can’t wait to eliminate the inheritance tax

    I can’t wait to eliminate the inheritance tax.

    Source date (UTC): 2016-04-03 12:23:34 UTC

    Original post: https://twitter.com/i/web/status/716602038314999809

  • I can’t wait to eliminate the inheritance tax

    I can’t wait to eliminate the inheritance tax.

    Source date (UTC): 2016-04-03 08:23:00 UTC