It’s trivial to grasp the challenge of plague and war. It is difficult to understand constructing incentives. Cognitive Bias is forever ours
Source date (UTC): 2016-02-17 13:40:00 UTC
Form: Aphorism
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Rents eliminate flexibility because alternative networks of incentives cannot be
Rents eliminate flexibility because alternative networks of incentives cannot be constructed without destroying the rent seeking order.
Source date (UTC): 2016-02-17 13:38:00 UTC
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The most difficult shocks for any civilization to survive are exceeding the ince
The most difficult shocks for any civilization to survive are exceeding the incentives to organizing production, then, plague, and war.
Source date (UTC): 2016-02-17 13:38:00 UTC
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All human organizations grow to the point of maximum rent extraction, then fail
All human organizations grow to the point of maximum rent extraction, then fail when subject to shocks. Rents eliminate flexibility. Why?..
Source date (UTC): 2016-02-17 13:34:00 UTC
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Truth: The only reason must choose between all-consuming, and all-saving, is a m
Truth: The only reason must choose between all-consuming, and all-saving, is a monopoly government. Two nations can pursue two strategies.
Source date (UTC): 2016-02-17 12:03:00 UTC
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TRUTH: They want to export risk upon us to obtain consumption. We want to export
TRUTH: They want to export risk upon us to obtain consumption. We want to export constraint on consumption upon them to obtain safety.
Source date (UTC): 2016-02-17 12:01:00 UTC
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It is not clear that consumption is a common good. It appears to be the opposite
It is not clear that consumption is a common good. It appears to be the opposite. It appears that productivity only is a common good.
Source date (UTC): 2016-02-17 10:35:50 UTC
Original post: https://twitter.com/i/web/status/699905085506260992
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Truth: Our only solution is violent overthrow. Not to prevent them from hyper-co
Truth: Our only solution is violent overthrow. Not to prevent them from hyper-consumption, but to prevent them from taking us down too.
Source date (UTC): 2016-02-17 10:35:00 UTC
Original post: https://twitter.com/i/web/status/699904877170917376
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Truth: But we cannot exit if we disagree with the majority of hyper-consumers. W
Truth: But we cannot exit if we disagree with the majority of hyper-consumers. We cannot exit our shares, the economy, or the state.
Source date (UTC): 2016-02-17 10:34:05 UTC
Original post: https://twitter.com/i/web/status/699904645100134400
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Truth: We have difference of scientific opinion over whether this inflation ends
Truth: We have difference of scientific opinion over whether this inflation ends in increasing cycles of destruction or not.
Source date (UTC): 2016-02-17 10:32:47 UTC
Original post: https://twitter.com/i/web/status/699904317147516929