Source: Original Site Post

  • Words Define, Money Incents, Violence Prevents

    —“Words define the problem. Money creates positive incentives to solve the problem. Violence removes parasitic alternatives to solving the problem.”—Con Eli Khan   Words can sometimes solve the problem. Money will often solve what words cannot. When money won’t solve the problem, only violence will.  

  • Pender on Suppression of Parasitism

    —“Occasions to lie stem from inadequate suppression of the multitude forms of parasitism. Suppress the parasitism, and you suppress the incentive to lie. Suppress lies of action, and you suppress lies of words.”—Steve Pender Absolutely perfect. Each of you seems to specialize in some area or other. Steve Really has got this area down. Once you can chain causes you will just increase the length of the causal chain. Once you cam chain both the causal and its opposite, you can both inform and refute alternatives at the same time. Steve’s quote above uses both positive and negative assertions as complete chains. Exceptional.

  • Pender on Suppression of Parasitism

    —“Occasions to lie stem from inadequate suppression of the multitude forms of parasitism. Suppress the parasitism, and you suppress the incentive to lie. Suppress lies of action, and you suppress lies of words.”—Steve Pender Absolutely perfect. Each of you seems to specialize in some area or other. Steve Really has got this area down. Once you can chain causes you will just increase the length of the causal chain. Once you cam chain both the causal and its opposite, you can both inform and refute alternatives at the same time. Steve’s quote above uses both positive and negative assertions as complete chains. Exceptional.

  • Institutional Commons List

    As far as I know we classify institutions in this spectrum: Commons (organize to preserve) … Monuments (parks, monuments, spaces) … Roads, airways and waters ….Territory and boundaries … Territorial assets and resources

    Informal Institutions: ) … Metaphysical value judgements (unconscious) … Norms and habits … Normative Property rights allocations ….Traditions (marriage etc) ….Crafts and Professions … Civic Societies ….Education, sciences, arts and Letters Formal Institutions … Economic(banking and money) … Religous (myth, festival, and ritual), ….Forceful(Military, legal, Political) Institutions that require human organization to persist them across generations. Ask historians about what men have done. Ask economists about why men do it. Ask philosophers whether what men say may be true. We usually are pretty terrible at crossing boundaries. WHY? Reason: (understandable) We can subjectively test and empathize with (follow) the sequence of decisions given the limits of the speaker. Not internally consistent, nor externally correspondent, nor fully accounted, nor morally constrained. Rationalism (philosophy): internally consistent but not externally correspondent, fully accounted or morally constrained. Empiricism: Science: internally consistent and externally correspondent, but not morally constrained, fully accounted. Testimony: internally consistent, externally correspondent fully accounted and morally constrained.
  • Institutional Commons List

    As far as I know we classify institutions in this spectrum: Commons (organize to preserve) … Monuments (parks, monuments, spaces) … Roads, airways and waters ….Territory and boundaries … Territorial assets and resources

    Informal Institutions: ) … Metaphysical value judgements (unconscious) … Norms and habits … Normative Property rights allocations ….Traditions (marriage etc) ….Crafts and Professions … Civic Societies ….Education, sciences, arts and Letters Formal Institutions … Economic(banking and money) … Religous (myth, festival, and ritual), ….Forceful(Military, legal, Political) Institutions that require human organization to persist them across generations. Ask historians about what men have done. Ask economists about why men do it. Ask philosophers whether what men say may be true. We usually are pretty terrible at crossing boundaries. WHY? Reason: (understandable) We can subjectively test and empathize with (follow) the sequence of decisions given the limits of the speaker. Not internally consistent, nor externally correspondent, nor fully accounted, nor morally constrained. Rationalism (philosophy): internally consistent but not externally correspondent, fully accounted or morally constrained. Empiricism: Science: internally consistent and externally correspondent, but not morally constrained, fully accounted. Testimony: internally consistent, externally correspondent fully accounted and morally constrained.
  • Project Management In A Nutshell

    – Make a list of stuff that needs to get done. – Use that list to make a shorter list of what you can act on today that will get something done, or get the information needed to get it done, or get the information or resources to someone else needed to get something done. – Give those tasks to everyone that you possibly can and ask when they would like you to check back to see if it’s done. (their estimate). – Find someone to do the tasks no one else can.– As you get things done, cross them off your list.– Tomorrow morning repeat the process.

    In essence, project management boils down to breaking an elephant down into little bite-sized pieces, and tracking the progress of digestion every single day without fail. There are a few ways of making lists (simple, column/state, and timeline, and timeline with dependencies) You can work with fixed or variable pools of people. You can work with fixed or variable amounts of money. You can work with fixed or variable amounts of time, But in the end, that’s the job. What’s changed over the years is that we don’t do everything by paper. And more and more of our economy has become project and task driven – and less and less of it driven by repeatable processes. This trend will continue. Which is one of the reasons the lower end of the spectrum is going to be forced out of the working pool permanently. Because we are all paid by the rate at which we learn and adapt to increasingly complex information, in increasingly large volumes, in increasingly shorter time periods, with increasingly abstract formulas and rules, and increasingly complex tools to assist us.
  • Project Management In A Nutshell

    – Make a list of stuff that needs to get done. – Use that list to make a shorter list of what you can act on today that will get something done, or get the information needed to get it done, or get the information or resources to someone else needed to get something done. – Give those tasks to everyone that you possibly can and ask when they would like you to check back to see if it’s done. (their estimate). – Find someone to do the tasks no one else can.– As you get things done, cross them off your list.– Tomorrow morning repeat the process.

    In essence, project management boils down to breaking an elephant down into little bite-sized pieces, and tracking the progress of digestion every single day without fail. There are a few ways of making lists (simple, column/state, and timeline, and timeline with dependencies) You can work with fixed or variable pools of people. You can work with fixed or variable amounts of money. You can work with fixed or variable amounts of time, But in the end, that’s the job. What’s changed over the years is that we don’t do everything by paper. And more and more of our economy has become project and task driven – and less and less of it driven by repeatable processes. This trend will continue. Which is one of the reasons the lower end of the spectrum is going to be forced out of the working pool permanently. Because we are all paid by the rate at which we learn and adapt to increasingly complex information, in increasingly large volumes, in increasingly shorter time periods, with increasingly abstract formulas and rules, and increasingly complex tools to assist us.
  • Expert Opinion May Influence Fact, But Not Contract

    Expert opinion may clarify facts, but says not thing about cooperation. Gay marriage is not a matter of fact but a matter of contract. The government forced an involuntary contract (again).
    My opinion is that 1) constructively, marriage consists of (a) reciprocal power of attorney (b) formation of a corporation into which both parties contribute the totality of their assets. (c) reciprocal insurance against vicissitudes of life.
    And that (2) the origin of marriage appears to have been (a) retention of property as the division of labor (merit) increased. (b) a means of preventing fratricide, (c) a means of controlling female reproductivity by preventing her from forcing costs onto the tribe, and (d) an institutional means of absorbing lower class males.
    And that (3) marriage remains either (a) a corporate long-term investment, (b) utility for those who have property, and (c) a disutility under redistributive government.
    And that (4) the purpose of gay marriage can be solved by (1). And that the difference between gay and heterosexual marriage is substantial for the reasons listed above.
  • Expert Opinion May Influence Fact, But Not Contract

    Expert opinion may clarify facts, but says not thing about cooperation. Gay marriage is not a matter of fact but a matter of contract. The government forced an involuntary contract (again).
    My opinion is that 1) constructively, marriage consists of (a) reciprocal power of attorney (b) formation of a corporation into which both parties contribute the totality of their assets. (c) reciprocal insurance against vicissitudes of life.
    And that (2) the origin of marriage appears to have been (a) retention of property as the division of labor (merit) increased. (b) a means of preventing fratricide, (c) a means of controlling female reproductivity by preventing her from forcing costs onto the tribe, and (d) an institutional means of absorbing lower class males.
    And that (3) marriage remains either (a) a corporate long-term investment, (b) utility for those who have property, and (c) a disutility under redistributive government.
    And that (4) the purpose of gay marriage can be solved by (1). And that the difference between gay and heterosexual marriage is substantial for the reasons listed above.
  • How To Keep Books For Management First Rather Than For Government First.

    You cannot get a CPA to keep good books no matter what you do. Best advice is to hire an MBA as your CFO. Then strong director or CPA to work for him. CPA’s worry about compliance first and business second, and MBA’s about information for the business first, and compliance as a sunk cost. MBA’s are right. — ACCOUNTING PERIODS– 13, four-week accounting periods “(months)” no matter how much work it is for accounting. Payroll periods, within those accounting periods, preferably every one or two weeks.

    — MANAGERIAL INCOME STATEMENT – Presented in tabular form in the context of rolling 12 months. FOR MANAGEMENT TEAM Subtotals for Cash On Hand. Cash Flow History and Forecast.

    [details]

    Subtotals for EBITDA: profit and loss from operations (cogs) A List of cash related Action Items FOR C-SUITE, BOARD, AND INVESTORS (“stuff that obscures operational excellence or failure”) (!!!includes book value, AND current liquidation value!!!) Subtotals for asset transformation (portfolio) Subtotals for Interest (money costs) FOR CFO, CREDIT(banking) AND TAXES(government) (What I call “Cost of government interference in the business”) Subtotals for regulatory costs (staff, fees, etc) Subtotals for depreciation, and amortization. (regulation) Subtotals for the above: “Net” Subtotals for taxes (taxes) AT THIS POINT ITS NONSENSE Totals of above: “Net/Net” (which is by now a total fabrication in most cases) —FINANCIAL INCOME STATEMENT- (for third parties) Standard income statement for the month/period in question.