Source: Original Site Post

  • What Is Racism, Prejudice And Discrimination? Why Are They So Hard To Overcome?

    A postmodern attempt to demonize behavior that is universally demonstrated by all groups as an expression of kin selection.

    https://www.quora.com/What-is-racism-prejudice-and-discrimination-Why-are-they-so-hard-to-overcome

  • How Does The Libertarian Party View The Electoral College? Are There Any Reasons, If They Do Or Do Not?

    The libertarian argument would suggest that if an electoral college is necessary to prevent the imposition of the will of the populated states upon the less populated states that it is time to move to nullification and secession.  Any statement beyond that is mere pragmatism on the part of the party members.

    https://www.quora.com/How-does-the-Libertarian-party-view-the-electoral-college-Are-there-any-reasons-if-they-do-or-do-not

  • Why Does Corporate Governance Emerge?

    Necessity of decision making under the pervasive influence of the principle agent problem.

    https://www.quora.com/Why-does-corporate-governance-emerge

  • Is It Possible To Reconcile Tort Reform And Libertarian Philosophy?

    Um.  This isn’t necessarily a libertarian issue so much as a logical one.  The problem is that jury determination of penalties is arbitrary, and incalculable so that risk is un-measurable, and that penalties of scale are just passed on to consumers.  This means that lawsuits can be pursued as lottery ticket purchases by all but the defendant, and that organizations must seek to escape rather than honestly resolve disputes.

    The libertarian argument would require the elimination of limited liability, the removal of employee indemnification, and of management and board liability. All of these existing protections were provided by the government in order to allow abuses of the law in order to increase employment and tax revenues. So, instead, libertarians would recommend that all employees and all employers carry insurance against malfeasance. And that insurance companies would require a great deal of contractual adherence, training in exchange, in order to cover losses.  Misbehavior would break the contract, pierce any corporate veil, and open every employee, manger, executive, and board member in the causal chain to personal suit.

    If you want a less corrupt america, then remove the government from the process – because the government is the cause.

    This is the best I can do in short form, but it should get the libertarian point across: the common law, civic participation, personal accountability, and insurance companies provide market incentives that bureaucratic monopolies do not.

    https://www.quora.com/Is-it-possible-to-reconcile-tort-reform-and-libertarian-philosophy

  • If You Could Only Own One Libertarian Treatise, Which One Would You Choose: ‘human Action’,â  ‘man, Economy, And State’, Or ‘the Constitution Of Liberty’?

    Human action is a work of pseudoscience through chapter 15, and after 15 is fully integrated into mainstream economics.  So it is not useful.  Mises failed to discern that economics, like physics and mathematics was subject to an epistemic requirement for operational definitions. And while he intuited something close to correct, he was unable to solve it, and first cast praxeology as a ‘science’ without reliance upon the scientific method – which by itself is a definition of a pseudoscience, and second, stated that all of economics was deducible from the first principle of human action. Also demonstrably false, and solidifying his work as pseudoscientific.  The correct answer in operational terms is that if any empirical observation in economics cannot be reduced to a sequence of rational human actions, then it cannot in fact be ‘true’.   The first 15 chapters are an elaborate attempt to justify his fallacy.

    Man economy and state ignores, and like all of Rothbard’s works,  intentionally attempts to undermine the western competitive cultural advantage that northern europeans, by virtue of constructing the only high trust society, are the only people on earth capable of constructing commons.  So, this book is actually half correct – bureaucracy leads to despotism.  And half deception: that does not mean that the organized construction of commons and the prevention of free riding upon or consumption of those commons is not a strategic competitive advantage, or that commons cannot be produced through alternative means.  It is an elaborate fallacy on the scale, if not quality, of Freud’s psychology, Marx’s Capital, Cantor’s sets and Mises’ Praxeology.

    The Constitution of liberty is an historical and scholarly work demonstrating that the only known means of preserving freedom is through a constitution of private property rights and the organic evolution of the common law.   Hayek’s failure in his work, was his reliance on what was know in his day, and his insufficient emphasis on the scope of property rights, original intent,  and strict construction, nor the institutional means of maintaining those three constraints.  Unfortunately for all three authors, computer science would rescue the world from platonism, where logic, math, science, and economics had failed: the existence proof, and our ability to promise that we make true statements.

    Of these three the only book of value is the Constitution of Liberty.  The rest is simply

    Curt Doolittle
    The Propertarian Institute
    Kiev Ukraine

    https://www.quora.com/If-you-could-only-own-one-Libertarian-treatise-which-one-would-you-choose-Human-Action-Man-Economy-and-State-or-The-Constitution-of-Liberty

  • Why Is Gold Or Silver Precious In The First Place? I Would Say That Rice Is Precious.

    I will improve Paul Frank’s statement slightly:
    1) Scarcity
    2) Universal Utility.
    3) Non-perishability
    4) Volume and weight to value ratio (and therefore transportability)
    5) Nearly universal convertibility.
    6) Functional unit of account, store of value, and medium of exchange.

    Very few goods meet this criteria. Silver and gold are pretty much the only goods that do meet this criteria.

    https://www.quora.com/Why-is-gold-or-silver-precious-in-the-first-place-I-would-say-that-rice-is-precious

  • What Is Racism, Prejudice And Discrimination? Why Are They So Hard To Overcome?

    A postmodern attempt to demonize behavior that is universally demonstrated by all groups as an expression of kin selection.

    https://www.quora.com/What-is-racism-prejudice-and-discrimination-Why-are-they-so-hard-to-overcome

  • Why Does Corporate Governance Emerge?

    Necessity of decision making under the pervasive influence of the principle agent problem.

    https://www.quora.com/Why-does-corporate-governance-emerge

  • When Might Apple Begin To Decline?

    When the profitability of the iPhone is sufficiently diminished that a new income stream must be developed, yet Apple execs are unwilling to conquer the desktop market that is sitting there for them to just take away from Microsoft on a scale not seen since Microsoft did the same to IBM.

    https://www.quora.com/When-might-Apple-begin-to-decline

  • How Do Family Relationships Differ Between Countries?

    INTERESTING QUESTION:

    The family structure determines:
    1. the amount of inbreeding
    2. the inheritance system
    3. the private property rights that originate with the inheritance system
    4. the degree of trust extended to non-family members, with inbreeding producing lower overall trust, and outbreeding higher trust.
    5. the degree degree of authority necessary to maintain order (prevent violence in retaliation for unethical and immoral actions.)
    6. the level of corruption demonstrated by members of the government, since they are merely members of society in a position to abuse authority.
    7. the mobility of labor, since the larger the family structure the harder it is to move it to capital.
    8. the economic velocity of the polity (wealth).
    Conversely increase in family size determines:
    • the degree of alienation and loneliness, since family members treat you almost always better than others will.
    • the stress of raising children, since sharing child rearing across generations is so much easier.
    • The redistribution family members provide each other with.
    • the insurance from the vagaries of the economy and life
    • the demand for the state to provide all of the above in the absence of the family that the state has destroyed in pursuit of economic velocity. 🙂

    LIST OF FAMILY STRUCTURES

    SMALL HOMOGENEOUS HIGH TRUST PRIVILEGED SOCIETIES CAN TOLERATE HIGHLY REDISTRIBUTIVE GOVERNMENTS
    • STATE FINANCED SINGLE PARENT FAMILY – Medium term and short term pairings with or without a marriage ceremony that produces offspring, whereupon the parents cease cohabitation, and state redistribution finances directly or indirectly the support of the mother’s household.

    HIGH TRUST SOCIETIES WITH HIGHER ECONOMIC VELOCITY, CAN TOLERATE LIBERTARIAN GOVERNMENTS

    • ABSOLUTE NUCLEAR FAMILY – The “absolute nuclear” family is liberal and non-egalitarian (that is, indifferent to equality). Children are completely free upon adulthood, founding independent families. Inheritance is freely distributed by will.
    • NUCLEAR FAMILY, EGALITARIAN NUCLEAR – The “egalitarian nuclear” family is liberal and egalitarian. Children are completely free upon adulthood, founding independent families. Inheritance is equally distributed, implying at least a vestigial necessary link between parents and children throughout their lives.


    MEDIUM TRUST MARGINAL SOCIETIES WITH MEDIUM ECONOMIC VELOCITY – REQUIRE SOCIAL DEMOCRATIC GOVERNMENTS

    • EXTENDED FAMILY, STEM FAMILY, AUTHORITARIAN FAMILY – The “stem” family is authoritarian and inegalitarian. Several generations may live under one roof, notably the first-born, who will inherit the entirety of property and family headship (and thus perpetuate the family line). Other children typically leave the home to get married or become priests/soldiers.

      A family that extends beyond the immediate family, consisting of grandparents, aunts, uncles, and cousins all living nearby or in the same household. The stem family is sometimes associated with inegalitarian inheritance practices, as in Japan and Korea, but the term has also been used in some contexts to describe a family type where parents live with a married child and his or her spouse and children, but the transfer of land and moveable property is more or less egalitarian. In these cases, the child who cares for the parents usually receives the house in addition to his or her own share of land and moveable property.

    LOW TRUST, POOR SOCIETIES WITH LOW ECONOMIC VELOCITY – REQUIRE  AUTHORITARIAN GOVERNMENTS

    • TRADITIONAL FAMILY, COMMUNITARIAN FAMILY – The “communitarian” family is authoritarian and equal. Several generations live under the same roof until the eldest die and the inheritance is divided equally.
    • HETAERISTIC MONOGAMY – Monogamy with frequent extra marriage sexual relations.
    • PAIRING FAMILY, SERIAL MARRIAGE – Medium term pairing of individuals either in patrilineal or matrilineal property systems.
    • CONSANGUINE FAMILY – three generations of interrelated individuals live together (pre-polynesian) without any prohibition on relations. Property is irrelevant in this system.

    https://www.quora.com/How-do-family-relationships-differ-between-countries