Curt Doolittle

Form: Short Note

  • THE INSTITUTIONAL PROBLEM OF THE MONEY SUPPLY the problem of monetary supply is

    THE INSTITUTIONAL PROBLEM OF THE MONEY SUPPLY

    the problem of monetary supply is created by (a) a single currency for all purposes, and (b) distribution through the financial system rather than consumers.

    Rather than targeting, I use changes in capital (capital-in-total) and sector-interest-rates. (My suspicion is that all we are doing today is spending down capital and calling it efficiency.)

    For example, we can regulate home loan interest separately from regulating car loan interest. We could supply money for purposes instead of regulating interest. This is the amazing property of digital money substitutes.

    Source date (UTC): 2017-07-04 08:29:00 UTC

  • CORPORATIONS The reason for the corporation is to permit limited liability and f

    CORPORATIONS

    The reason for the corporation is to permit limited liability and fungibility of management and control. Like any organization that permits cooperation for gain without consumption of the commons produced thereby, the returns on corporations are higher than the returns on individual ownership. Scale makes a profound difference. Poor countries with low trust societies cannot form large corporations producing multiples of returns. But the income largely stays inside the corporations where it continues to produce returns. The problem is figuring out HOW to tax a corporation, since the state does not wish to kill the golden goose. Double taxation is the real issue. Corporations must either pay taxes OR distribute dividends that are taxed by the rate of individual income of the shareholders. (we do both today which is one of the very bad things we do.

    Source date (UTC): 2017-07-04 06:33:00 UTC

  • by Propertarian Frank (1) Language and human action are inseparable, i.e. one ca

    by Propertarian Frank

    (1) Language and human action are inseparable, i.e. one cannot understand language separately from action (this reveals most of philosophy to be contentless)

    (2) Names make sense exactly to the extent and via the structure they refer to actions (spectrum of measurements determine the scope and limits of names)

    (3) Commensurability is the best language can do, because:

    (i) To discern is an ACT of measurement

    (ii) Indiscernible things are informationally null

    (iii) Ergo one can only fully convey (without informational loss) names discernible to one’s interlocutor

    (iv) Ergo we can only talk in dimensions of commensurability (measurements both parties can enACT)

    Apply (i-iv) reflexively (talking to oneself): informational content in conceptualization is determined by the set of novel measurements (and ways thereof: meta-measurements or measurement-measurements, recursively) introduced.

    In other words, commensurability exhausts the reach of language.

    In other words, magic don’t real.

    Source date (UTC): 2017-07-04 06:23:00 UTC

  • Stay on Message: “I Deliver”. Add message “Why do Americans need media to tell t

    Stay on Message: “I Deliver”. Add message “Why do Americans need media to tell them what to think?” #Trump @realDonaldTrump

    Source date (UTC): 2017-07-03 18:42:10 UTC

    Original post: https://twitter.com/i/web/status/881946185103273986

  • OMG I wold LOVE it if the democrats tried to push the bill to remove Trump. Now,

    OMG I wold LOVE it if the democrats tried to push the bill to remove Trump. Now, it’s not going to succeed. But isn’t that the perfect excuse we need to start a civil war?

    Source date (UTC): 2017-07-03 14:44:00 UTC

  • Stay on Message: “I Deliver”. Add message “Why do Americans need media to tell t

    Stay on Message: “I Deliver”. Add message “Why do Americans need media to tell them what to think?” #Trump @realDonaldTrump

    Source date (UTC): 2017-07-03 14:42:00 UTC

  • It is *soooo* much easier to discuss philosophical ideas using mathematics than

    It is *soooo* much easier to discuss philosophical ideas using mathematics than it is language. The problem is, ordinary folk don’t know enough of mathematics, so you can’t reach them.

    Thankfully Property is a good enough proxy. It’s the unit of commensurability in a division of perception, cognition, knowledge and labor.

    The problem with property is you can try to guild rally and shame using it. And that’s almost impossible with positional numbering. 😉

    Source date (UTC): 2017-07-03 10:06:00 UTC

  • I am not sure we should be so fascinated by IQ over 110. Maybe even 105. I mean,

    I am not sure we should be so fascinated by IQ over 110. Maybe even 105. I mean, as far as I can tell, demonstrated intelligence – or maybe we should call it ‘wisdom’, which is sufficient for action in all walks of life – which we should differentiate from intelligence – or the rate at which we can learn abstractions, seems largely a problem of eliminating impulse, bias, ignorance, and attempts at upgrading our status by ‘cheating’ using various means of verbal and signal deceptions. We can train people into wisdom just as we do in to reading, mathematics, and sciences. So if we produce a narrow distribution, that’s just fine. The problem is the bottom.

    Source date (UTC): 2017-07-02 19:59:00 UTC

  • In employment, IQ tests are used for two reasons. One, to filter people out both

    In employment, IQ tests are used for two reasons.

    One, to filter people out both above(who would be bored) and below(who would be incompetent).

    Second to provide a legal means of defending against racism/sexism/forced intergration charges.

    Source date (UTC): 2017-07-02 18:15:00 UTC

  • TRUTH: THE COSTS OF CREATIVITY

    http://journals.sagepub.com/doi/abs/10.1177/0146167208323933UNDERAPPRECIATED TRUTH: THE COSTS OF CREATIVITY.

    Source date (UTC): 2017-07-02 18:13:00 UTC