(FB 1551140323 Timestamp) DEFINITION: –“WHAT DOES GSRM (or GSRRM) STAND FOR?”– (needs daily reposting)
Form: Definition
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Curt Doolittle updated his status.
(FB 1551279344 Timestamp) ANARCHISM VS PROPERTARIANISM “Anarchism” means POLYLOGICAL polycentric law, of voluntary exchange independent of warranty and externality. “Propertarianism” ‘s Rule of Law means MONOLOGICAL polycentric (market) law of productive, fully informed, warrantied, voluntary exchange, limited to positive externalities. Libertarianism = jewish (semitic) Ghetto Ethics, and; Propertarianism = Anglo Saxon (germanic) Aristocratic ethics.
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Curt Doolittle updated his status.
(FB 1551279344 Timestamp) ANARCHISM VS PROPERTARIANISM “Anarchism” means POLYLOGICAL polycentric law, of voluntary exchange independent of warranty and externality. “Propertarianism” ‘s Rule of Law means MONOLOGICAL polycentric (market) law of productive, fully informed, warrantied, voluntary exchange, limited to positive externalities. Libertarianism = jewish (semitic) Ghetto Ethics, and; Propertarianism = Anglo Saxon (germanic) Aristocratic ethics.
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(FB 1551371937 Timestamp) —“Proprietarianism-You can have my donut if I can ha
(FB 1551371937 Timestamp) —“Proprietarianism-You can have my donut if I can have yours and no one else gets harmed in the process”–Greg Grzywacz He forgot the last bit. —…. Otherwise, either you don’t get my donut, and if you even try, I’m going to end you and eat both our donuts.”–CurtD
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(FB 1551371937 Timestamp) —“Proprietarianism-You can have my donut if I can ha
(FB 1551371937 Timestamp) —“Proprietarianism-You can have my donut if I can have yours and no one else gets harmed in the process”–Greg Grzywacz He forgot the last bit. —…. Otherwise, either you don’t get my donut, and if you even try, I’m going to end you and eat both our donuts.”–CurtD
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Curt Doolittle updated his status.
(FB 1551451448 Timestamp) u·su·ry [ËyoÍoZH(É)rÄ] NOUN the illegal action or practice of lending money at unreasonably high rates of interest. Why would there be laws against excessive interest rates?
- I loan you money. you pay me many times the original amount. and you can’t catch up, ever…..
I loan you money, you cant pay, I take your house….
I loan you money, you can’t pay, you have to resort to crime, others are harmed….
In each of these circumstances the public is now carrying you as a burden, while the usurer is free riding on the public because he succeeded in baited you into moral hazard. As such it breaks the prohibition on negative externality. It breaks productivity by benefitting disproportionately from the suffering of others. It breaks asymmetry of information by asymmetry of incentive (taking advantage of the moment). The actor has no material skin in the game and no warranty. So we say instead the usurer has a negative due diligence. It’s “baiting into moral hazard.” TEST OF RECIPROCITY (Morality): Productive, (fail) Fully Informed (baited into optimism) Warrantied, (fail) Voluntary Transfer (“under duress”) Free of Negative Externality (fail)
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Curt Doolittle updated his status.
(FB 1551450142 Timestamp) so·cial·ite [ËsÅSHÉËlÄ«t] NOUN socialites (plural noun) —“a [female] person who is well known in fashionable society and is fond of social activities and entertainment.”– (ie: A Seller) Synonyms —“a [male] person who is known as a ladies’ man, womanizer, philanderer, rake, roué, rich man about town, ladykiller”— ( ie: A Buyer)
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Curt Doolittle updated his status.
(FB 1551451448 Timestamp) u·su·ry [ËyoÍoZH(É)rÄ] NOUN the illegal action or practice of lending money at unreasonably high rates of interest. Why would there be laws against excessive interest rates?
- I loan you money. you pay me many times the original amount. and you can’t catch up, ever…..
I loan you money, you cant pay, I take your house….
I loan you money, you can’t pay, you have to resort to crime, others are harmed….
In each of these circumstances the public is now carrying you as a burden, while the usurer is free riding on the public because he succeeded in baited you into moral hazard. As such it breaks the prohibition on negative externality. It breaks productivity by benefitting disproportionately from the suffering of others. It breaks asymmetry of information by asymmetry of incentive (taking advantage of the moment). The actor has no material skin in the game and no warranty. So we say instead the usurer has a negative due diligence. It’s “baiting into moral hazard.” TEST OF RECIPROCITY (Morality): Productive, (fail) Fully Informed (baited into optimism) Warrantied, (fail) Voluntary Transfer (“under duress”) Free of Negative Externality (fail)
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Curt Doolittle updated his status.
(FB 1551450142 Timestamp) so·cial·ite [ËsÅSHÉËlÄ«t] NOUN socialites (plural noun) —“a [female] person who is well known in fashionable society and is fond of social activities and entertainment.”– (ie: A Seller) Synonyms —“a [male] person who is known as a ladies’ man, womanizer, philanderer, rake, roué, rich man about town, ladykiller”— ( ie: A Buyer)
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Curt Doolittle updated his status.
(FB 1551655771 Timestamp) scold
[skÅld]
NOUN a person, in particular a woman, who nags or grumbles constantly. “his mother was the village scold” COMMON SCOLD From Wikipedia, the free encyclopedia In the common law of crime in England and Wales, a common scold was a type of public nuisanceâa troublesome and angry person who broke the public peace by habitually chastising, arguing and quarrelling with their neighbours. The majority of individuals punished for scolding were women, though men could also be labelled scolds. The offence, which was exported to North America with the colonists, was punished by monetary fines, but also by methods intended to publicly humiliate such as ducking: being placed in a chair and submerged in a river or pond. Although rarely prosecuted it remained on the statute books in England and Wales until 1967. Scolding offences were commonly presented and punished in manorial and borough courts that governed the behaviour of peasants and townspeople across England. Scolds were also presented in church courts.[2] The most common punishment was a monetary fine. Various historians have argued that scolding and bad speech were coded as feminine offences by the late medieval period. Women of all marital statuses were prosecuted for scolding, though married women featured most frequently, while widows were rarely labelled scolds.[3] In some places, such as Exeter, scolds were typically poorer women, whereas elsewhere scolds could include members of the local elite.[4] Women who were also charged with other offences, such as violence, nightwandering, eavesdropping or sexual impropriety were also likely to be labelled scolds.[5] Individuals were frequently labelled ‘common scolds’, indicating the impact of their behaviour and speech on the whole community. Karen Jones identified 13 men prosecuted for scolding in Kent’s secular courts, compared to 94 women and 2 couples.[6] Men accused of scolding were often charged alongside their wives. Helen, wife of Peter Bradwall scolded Hugh Welesson and Isabel, his wife, in Middlewich in 1434, calling Isabel a “child murderer” and Hugh a “skallet [wretched] knave”. Isabel and Hugh also scolded Helen, calling her a “lesyng blebberer” (lying bletherer). All parties were fined for the offences, though Hugh and Isabel were fined jointly.[7] Like women, male scolds were often accused of many other offences, such as fornication, theft, illegal trading, and assault.[8] Note that in american law, Scolding was folded into disorderly conduct in the early 1970’s