Form: Quote Commentary

  • THE VIRTUE OF VIOLENCE (worth repeating) –“Territory is obtained, held, informa

    THE VIRTUE OF VIOLENCE

    (worth repeating)

    –“Territory is obtained, held, informal institutions constructed, formal institutions implemented, and monuments built, by the use of violence by those desirous of obtaining advantage for themselves and their people. …. Peace, is not an intrinsic good. The intrinsic good is the perpetuation of your family, tribe, and people in competition with other families tribes and peoples……Everything else – voluntary cooperation, and economic competition in particular – is just a more useful way of getting there for those who are un-impulsive, productive, innovative, and trusting.”–


    Source date (UTC): 2014-12-24 06:04:00 UTC

  • Praxeology as Operationalism

    “[I]f we cast Praxeology a failed attempt at constructing the economic equivalent of Operationalism in physics, Operationism in psychology, and Intuitionism in mathematics, all of which are tests of the existential possibility of premises, then we can rescue praxeology from the domain of pseudoscience, and instead, use it as an additional moral constraint on scientific argument: that no economic statement can be testified to be true, unless it can be constructed from sympathetically testable human operations. As such, praxeology is an extension of falsification within the scientific method: a form of criticism, wherein all premises are suspect, and as such, so are all deductions. And only through logical, empirical, and operational criticism can we warrant that our theory stands sufficient scrutiny for us to claim without moral hazard, that it may be true.” – Curt Doolittle

  • Praxeology as Operationalism

    “[I]f we cast Praxeology a failed attempt at constructing the economic equivalent of Operationalism in physics, Operationism in psychology, and Intuitionism in mathematics, all of which are tests of the existential possibility of premises, then we can rescue praxeology from the domain of pseudoscience, and instead, use it as an additional moral constraint on scientific argument: that no economic statement can be testified to be true, unless it can be constructed from sympathetically testable human operations. As such, praxeology is an extension of falsification within the scientific method: a form of criticism, wherein all premises are suspect, and as such, so are all deductions. And only through logical, empirical, and operational criticism can we warrant that our theory stands sufficient scrutiny for us to claim without moral hazard, that it may be true.” – Curt Doolittle

  • Michael Phillip On Monarchic Survival

    [W]ith the exception of the (restored) Spanish and (created) Belgium monarchies–all the surviving monarchies of Europe are either Protestant (UK, Netherlands, Denmark, Norway, Sweden) or tiny (Luxembourg, Liechenstein, Monaco), with Catholic (Italy, Portugal, France, Austria) and Orthodox (Russia, Greece) national monarchies having a much higher failure rate than Protestant ones (Germany), suggests that being able to engage in (and keep) broad social bargains is a survival trait in a monarchy. (Being overthrown by Soviet occupation or Soviet-supported post-Nazi insurrection–Bulgaria, Romania, Hungary, Yugoslavia, Albania–can be discounted.) The Protestant “naked before God” all-in-this-together outlook, including different time perspectives, being an advantage over the Catholic & Orthodox absolution-available, hierarchy-rules approach.

  • Michael Phillip On Monarchic Survival

    [W]ith the exception of the (restored) Spanish and (created) Belgium monarchies–all the surviving monarchies of Europe are either Protestant (UK, Netherlands, Denmark, Norway, Sweden) or tiny (Luxembourg, Liechenstein, Monaco), with Catholic (Italy, Portugal, France, Austria) and Orthodox (Russia, Greece) national monarchies having a much higher failure rate than Protestant ones (Germany), suggests that being able to engage in (and keep) broad social bargains is a survival trait in a monarchy. (Being overthrown by Soviet occupation or Soviet-supported post-Nazi insurrection–Bulgaria, Romania, Hungary, Yugoslavia, Albania–can be discounted.) The Protestant “naked before God” all-in-this-together outlook, including different time perspectives, being an advantage over the Catholic & Orthodox absolution-available, hierarchy-rules approach.

  • Michael Phillip On The Incentives of Monarchy


    [T]hough subject to normal human failings, the long time horizons of monarchy is one of its distinct advantages. As economist Mancur Olson pointed out that, the longer the time horizon of the ruler, the more their interests tended to converge with those of their subjects. One tends to be somewhat more careful and accommodating the longer you and your children are going to be living with the consequences of your decisions. Of the three major Axis powers, the two monarchies (the Kingdom of Italy and the Empire of Japan) found it easier to exit from fighting precisely because they were monarchies; there was someone with sufficient authority to say enough. Nazi Germany had to wait until Hitler was dead (and assassination proved to be a less reliable alternative).

  • Michael Phillip On The Incentives of Monarchy


    [T]hough subject to normal human failings, the long time horizons of monarchy is one of its distinct advantages. As economist Mancur Olson pointed out that, the longer the time horizon of the ruler, the more their interests tended to converge with those of their subjects. One tends to be somewhat more careful and accommodating the longer you and your children are going to be living with the consequences of your decisions. Of the three major Axis powers, the two monarchies (the Kingdom of Italy and the Empire of Japan) found it easier to exit from fighting precisely because they were monarchies; there was someone with sufficient authority to say enough. Nazi Germany had to wait until Hitler was dead (and assassination proved to be a less reliable alternative).

  • “If we cast Praxeology a failed attempt at constructing the economic equivalent

    “If we cast Praxeology a failed attempt at constructing the economic equivalent of Operationalism in physics, Operationism in psychology, and Intuitionism in mathematics, all of which are tests of the existential possibility of premises, then we can rescue praxeology from the domain of pseudoscience, and instead, use it as an additional moral constraint on scientific argument: that no economic statement can be testified to be true, unless it can be constructed from sympathetically testable human operations. As such, praxeology is an extension of falsification within the scientific method: a form of criticism, wherein all premises are suspect, and as such, so are all deductions. And only through logical, empirical, and operational criticism can we warrant that our theory stands sufficient scrutiny for us to claim without moral hazard, that it may be true.” – Curt Doolittle


    Source date (UTC): 2014-12-23 07:08:00 UTC

  • STILL NEEDS AN ECONOMY – an with an economy comes trust

    http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/21/putins-groundhog-day-the-russian-people-keep-paying-the-price-for-their-leaders-incompetence/?hpid=z3RUSSIA STILL NEEDS AN ECONOMY – an with an economy comes trust.


    Source date (UTC): 2014-12-22 03:33:00 UTC

  • THE LAND OF MAGICAL THINKING

    http://www.worldaffairsjournal.org/article/land-magical-thinking-inside-putin%E2%80%99s-russiaRUSSIA: THE LAND OF MAGICAL THINKING


    Source date (UTC): 2014-12-21 12:18:00 UTC