Source: Facebook

  • LIKE I SAID IN 2002

    LIKE I SAID IN 2002:

    http://www.aei-ideas.org/2013/06/why-coding-is-the-blue-collar-job-of-the-21st-century/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+aei-ideas%2Feconomics+%28AEIdeas+ยป+Economics%29#mbl


    Source date (UTC): 2013-06-05 20:49:00 UTC

  • THE IRS

    http://www.abolishirsnow.com/?c=816063acee64f86b98e372d11138c365ABOLISH THE IRS


    Source date (UTC): 2013-06-05 07:44:00 UTC

  • THE BORDERS OF NATIONS – AGAINST THE WILL OF THE MAJORITY “… the Leviathan equ

    THE BORDERS OF NATIONS – AGAINST THE WILL OF THE MAJORITY

    “… the Leviathan equilibrium … is based on a darker but realistic assumption that, for most of history, borders have been determined by rulers who attempted to maximize their net rents, broadly defined, with little regard for the will of majorities.”

    Enrico Spolaore;Alberto Alesina. The Size of Nations (Kindle Locations 134-135). Kindle Edition.


    Source date (UTC): 2013-06-04 12:12:00 UTC

  • DIVERSITY IS A ‘BAD’ “…in general, homogeneous polities function more harmonio

    DIVERSITY IS A ‘BAD’

    “…in general, homogeneous polities function more harmoniously in both large and small countries.”

    Enrico Spolaore;Alberto Alesina. The Size of Nations (Kindle Locations 104-105). Kindle Edition.


    Source date (UTC): 2013-06-04 10:35:00 UTC

  • SMALLER COUNTRIES ARE BETTER “Our hypothesis, which is backed by extensive empir

    SMALLER COUNTRIES ARE BETTER

    “Our hypothesis, which is backed by extensive empirical evidence, is that, on balance, heterogeneity of preferences tends to bring about political and economic costs that are traded off against the benefits of size.”

    Enrico Spolaore;Alberto Alesina. The Size of Nations (Kindle Locations 100-101). Kindle Edition.


    Source date (UTC): 2013-06-04 10:33:00 UTC

  • IS BAD. “Will someone tell me this article is wrong?!” No, the article is not wr

    http://www.cato-unbound.org/2013/06/03/michael-c-munger/recycling-can-it-be-wrong-when-it-feels-so-rightRECYCLING IS BAD.

    “Will someone tell me this article is wrong?!”

    No, the article is not wrong. It is correct. Even graciously so.

    HOWEVER:

    1) THE ECONOMICS OF THE RECYCLING MOVEMENT

    The reasons to enforce recycling are (a) political in that it advances the leftist ideological vacuum created by the failure of socialism in theory and practice, (b) psychological – it creates awareness of the veyr important issue of maintaining a clean environment, and (c) it places economic pressure (the possibility of boycott) on marketing and packaging companies.

    But recycling anything other than ‘oil, gas, liquid poisons and radioactives’ is not ‘good for the environment’ or logical or economic in any sense of the word. The optimum solution is to compartmentalize deposits land-fills so that they can be sold off and ‘mined’ at a future date when and if it ever becomes economically viable. In other words, the cost of sorting, transporting, breaking down and distributing goods is not sensible.

    The problem with plastics is not recycling but that they don’t break down well. Plastic bottles and packaging in particular. Recycling is simply a means of providing political cover using false economic calculations for what is probably the most troublesome pollutant that we make. The seas are full of that junk (although, mining the seas for plastic might eventually become a good business for someone. it depreciates our experience of the environment.)

    Contrary to popular belief, landfills are small, inexpensive, and concentrate waste, and create an opportunity for future recycling at low cost. They concentrate resources at low cost for future use. They are ‘savings accounts’ full of resources that can be mined when the economics make it sensible to mine them. Conversely, it’s extremely expensive to transport all that nonsense around to use it now, when we don’t NEED to use it. And we can only tell that we NEED to use something if FIRST, the pricing system tells us so, and SECOND if our moral codes, once understood, suggest that there are not involuntary transfers being created .

    Of course, the economic solution is to drastically reduce population and drastically increase consumption. It’s not that we consume too much. That’s not really logical. It’s that we have too many people consuming.

    Consumption is like information. The more the better. Space travel for example, is the ultimate consumption. It’s freaking expensive. The mass required to convert into energy necessary to get to another planet is terrifyingly expensive in every possible term. So is the information necessary to solve the problem. Every cost we distribute widely is a cost not dedicated to the narrow pursuit of something like space travel.

    2) MORAL RULES ARE PROHIBITIONS ON THEFT

    The author is correct in what he senses, but cannot articulate:

    (a) the pricing system does not make visible ALL costs. (This is one of the three or for conceptual failures in libertarian economic theory – because it discounts the cost of morals – norms, and morals are extremely costly to develop in any society.) Prices tell us what people WANT, what they NEED, and are WILLING TO DO to get it. The last being the most important. But that’s ALL they tell us.

    (b) He doesn’t understand that morals costs are material costs. Because our actions are costly. Our time is costly. But most importantly, our OPPORTUNITIES that we DON’T TAKE are very costly – that’s what manners and ethics are: lists of opportunities that we do NOT take, because it transfers costs in time, opportunity, effort and money, from others involuntarily. Most economists do not make this mistake. Almost all political science, and all political philosophers make this mistake – almost bar none.

    3) LIES AND DAMNED LIES

    The excuses offered by producers of pollutants, and those of the recycling movement are as ridiculous as the carbon market argument: POLLUTING IS STEALING. PERIOD. And GOVERNMENTS created the ability to pollute by giving SANCTION to polluters, and requiring that ordinary consumers have ‘standing’ in order to sue polluters. There is no reason that we cannot require x number of signatures in order to produce ‘standing’ for a crime of pollution, in which every single person has only a micro-claim against the polluter.

    The current argument is that our politicians are elected for this purpose. The stupidity of the argument never ceases to amaze me: why then do we need demonstrably influenceable and corruptible politicians elected by majority rule instead of courts to resolve what are of necessity property rights? This is yet another illustration of the argument against representational government and in favor of the common law, courts, and property rights.

    You can’t sue polluters because the government prevents you from doing it. The common law allows you to. It allowed you to. Governments took away that right on purpose in order to increase taxation available from pollution generating manufacturers. (Yes, you can look it up.)


    Source date (UTC): 2013-06-04 05:36:00 UTC

  • I HAVE A BOARD MEETING THIS MORING. SO I GO TO BED EARLY, I GET UP AT 5:00 AM ..

    I HAVE A BOARD MEETING THIS MORING. SO I GO TO BED EARLY, I GET UP AT 5:00 AM …

    …I leave the apartment, go to a nice cafe, so I won’t disturb Veronika or my Guest Max. I order coffee and orange juice. Set my alarm so I wont’ get too lost in writing that I forget the meeting. Then check the invite. And that’s when I notice that the meeting got moved to TOMORROW MORNING.

    Now, this would be OK, and I don’t mind getting up a little early and writing a bit. Although it means that I’ll be tired tonight.

    BUT … I have to go to a Bachelor Party tonight for someone very dear to me. And that means…. Well that means a lot of bad things really. ๐Ÿ™‚

    Seriously. :/


    Source date (UTC): 2013-05-30 23:40:00 UTC

  • THE MARKET PUNISHES IRRESPONSIBILITY. THE GOVERNMENT REWARDS IT

    THE MARKET PUNISHES IRRESPONSIBILITY. THE GOVERNMENT REWARDS IT.


    Source date (UTC): 2013-05-30 23:30:00 UTC

  • ANY MONOPOLY DEFINITION OF PROPERTY RIGHTS IS REQUIRED FOR THE RESOLUTION OF DIS

    ANY MONOPOLY DEFINITION OF PROPERTY RIGHTS IS REQUIRED FOR THE RESOLUTION OF DISPUTES:

    “Fundamentally speaking, it is illogical to suggest that a “polyopoly” of property rights and definitions is possible since a homogenous “monopoly” definition of property right is necessary in order to logically resolve disputes over rights, obligations and conflicts. Without property rights, disputes are logically impossible to resolve.

    If there is a monopoly of property rights at any point, that monopolistic definition, in practice, is the premise for all law within that group of people. Therefore even without the institutions of administrative government, any monopoly of property rights is in fact ‘government’. Everything else is just procedure.”

    This is not to say that allocating all property rights exclusively to private property is the only possible solution for a group. We’ve just learned that economic incentives to act, and to produce, and therefore to increase choice and decrease prices, can only exist where individuals have property rights. Without those rights one cannot have incentives. Or rather, without property rights, one’s incentives are balanced between numerous incentives – most of which are not productive, but consumptive.

    Anarchic production and exchange require only private property rights. But if a group with homogenous interests, wants to invest in the development of commons’, most generally called ‘infrastructure’ and in particular, commons that occupy physical (unique) space, then anarchic production under a monopoly definition of property rights alone isn’t sufficient. The reason being, that commons are victim to: (a) free riding (b) competition (c) privatization, and (d) violations of the rights of others. We don’t usually consider competition a problem, but it’s a problem for investors in a commons. And governments ( one or more people) that can outlaw free riding (taxes), competition (indirect privatization), direct privatization (theft), and protect the rights of others from abuses of their property rights through the process of creating commons, turns out to be necessary, since the cost of these appropriations of common investments is higher than the willingness of people to take the risk to develop the commons. Furthermore they also consider free free riding, competition, and privatization to be immoral.

    THis is not to say that private organizations can’t create commons (they can). The difference is that most commons that are other than symbolic such as monuments, are open to such free riding (consumption without compensation) and appropriation (the ancient practice of stealing of stones to build a house from public works for example) that the combination of moral objection and material theft is higher than the desire and willingness to contribute to a commons.

    Furthermore, some commons, like defense, are of such high risk and cost, that near universal free riding (pacifism), or perhaps more clearly, sufficient free riding, is endemic, and therefore it’s very difficult to create both defense, and private property rights. Historically, property rights are determined by those who contribute to defense. Or more commonly, property rights are exclusively possessed by those who contribute to defense

    So that is why we create governments.

    The problem is not that we’ve created governments to resolve conflicts and to create commons. The problem is that the only governments that we’ve been able to create have consisted of monopolies issuing laws rather than a monopoly of property rights under which we issue contracts the terms of which are binding on all members of the group.

    The problems with the organization we call government are (a) lawmaking instead of contract making (b) Monopoly Rule – whether majority, minority, or dictatorship instead of contract negotiating between factions (c) bureaucracy that is insulated from competition and therefore follows its natural incentives to expropriate from shareholders (citizens).

    (Snippet from yesterday’s posting on Quora)


    Source date (UTC): 2013-05-30 23:30:00 UTC

  • ISN”T THE SCIENCE WE CLAIM IT TO BE: PEER REVIEW. (SIGH)

    http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=6577844SCIENCE ISN”T THE SCIENCE WE CLAIM IT TO BE: PEER REVIEW. (SIGH)


    Source date (UTC): 2013-05-28 22:50:00 UTC