Category: Economics, Finance, and Political Economy

  • TYPE DETERMINES ECONOMIC OUTCOMES (Of course) Abstract: We construct a family sc

    http://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2511173FAMILY TYPE DETERMINES ECONOMIC OUTCOMES (Of course)

    Abstract:

    We construct a family score according to the presence of these three characteristics following E. Todd’s 1984 classification of traditional family types observed around the world. This family score is significantly associated with higher economic outcomes. This association is robust to other factors already identified by previous research as having a role such as geography, ethnic fractionalization, genetic diversity, religion, quality of institutions and legal origin.


    Source date (UTC): 2015-12-06 15:13:00 UTC

  • People who claim ‘equality’ are merely trying to guilt the productive and valuab

    People who claim ‘equality’ are merely trying to guilt the productive and valuable people to drag them along on the ride.


    Source date (UTC): 2015-12-06 04:18:00 UTC

  • THIS ACADEMIC I ran across him because of an article today. He’s working on simi

    https://sites.google.com/site/davidhughjones/WATCH THIS ACADEMIC

    I ran across him because of an article today. He’s working on similar issues in economics: the value of honesty.


    Source date (UTC): 2015-12-05 06:55:00 UTC

  • CELEBRATE PLENTY AND CONSUMPTION, COOPERATE TO SAVE AND PRODUCE. TED Celebrates.

    CELEBRATE PLENTY AND CONSUMPTION, COOPERATE TO SAVE AND PRODUCE.

    TED Celebrates. Church of R-Selection. Nothing More. It’s not cooperation. It’s rallying consumption. Drawing the other bees to the flowers. Nothing more.


    Source date (UTC): 2015-12-03 06:14:00 UTC

  • The Right Is Happy With Truth and Trade. It’s The Left That Wants Lies and Takings

    [T]he reason the right likes my solutions to political economy, despite being fairly progressive innovations of on classical liberalism, are because they disallow lying in the construction of exchanges. And the fact that progressives are dependent upon lies and conservatives desirous of truth telling should be enough of an insight for any moral man: progressivism feminine socialism is authoritarian, and conservative masculine aristocracy is egalitarian. Just true. So deal with it. Progressives are liars and thieves, and it’s that simple.

  • The Right Is Happy With Truth and Trade. It’s The Left That Wants Lies and Takings

    [T]he reason the right likes my solutions to political economy, despite being fairly progressive innovations of on classical liberalism, are because they disallow lying in the construction of exchanges. And the fact that progressives are dependent upon lies and conservatives desirous of truth telling should be enough of an insight for any moral man: progressivism feminine socialism is authoritarian, and conservative masculine aristocracy is egalitarian. Just true. So deal with it. Progressives are liars and thieves, and it’s that simple.

  • THREE CULTS The cult of consumption (progressive-feminine)- Gossip – Optimism Th

    THREE CULTS

    The cult of consumption (progressive-feminine)- Gossip – Optimism

    The cult of production (libertarian-masculine) – Exchange – Utility

    The cult of saving (conservative-masculine) – Force – Pessimism

    The intertemporal division of reproductive perception, cognition, labor.and advocacy.


    Source date (UTC): 2015-12-02 05:31:00 UTC

  • Markets Provide Information

    [J]ust as you cannot know anything about an economy without a market of exchanges of goods and services resulting in prices by which you can make decisions, you cannot know anything about society without a market of exchanges of commons resulting in prices by which you can make decisions.

  • Markets Provide Information

    [J]ust as you cannot know anything about an economy without a market of exchanges of goods and services resulting in prices by which you can make decisions, you cannot know anything about society without a market of exchanges of commons resulting in prices by which you can make decisions.

  • How Do We Know The ‘Right’ Taxation?

    Q&A:

    —“How does one find out if taxes are indeed limited? How does one figure out whether “the price is right” under a monopoly?”—

    [I] think what you might mean is how we know what commission to calculate. And given that commissions and sales taxes are well understood phenomenon I’m not sure how that’s particularly difficult. Most shopping malls charge ‘commissions’ or ‘fees’ that are a percentage of revenue. They can be universal or particular, but that question is empirical not moral. ***As an adjunct to rule of law, and therefore free of discretion, the formula must remain constant. But the formula itself is irrelevant. The point being that the purpose of any producer of commons would be to increase common revenues, not decrease common profits.*** In other words, the problem is in providing the correct incentive to those who specialize in the production of commons, and to prevent loading framing and overloading in their arguments. Otherwise a sales tax that individuals vote in favor of initiatives is kind of hard to argue with.