Rents eliminate flexibility because alternative networks of incentives cannot be constructed without destroying the rent seeking order.
Source date (UTC): 2016-02-17 18:35:35 UTC
Original post: https://twitter.com/i/web/status/700025816114143232
Source: Twitter X
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All human organizations grow to the point of maximum rent extraction, then fail
All human organizations grow to the point of maximum rent extraction, then fail when subject to shocks. Rents eliminate flexibility. Why?..
Source date (UTC): 2016-02-17 18:34:35 UTC
Original post: https://twitter.com/i/web/status/700025564191703040
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They conquered the existing Byzantine and Sassanid empires. And made all money f
They conquered the existing Byzantine and Sassanid empires. And made all money from european lands.
Source date (UTC): 2016-02-17 17:30:03 UTC
Original post: https://twitter.com/i/web/status/700009324328939521
Reply addressees: @Vitex_DR @AidanTierian @Bidenshairplugs
Replying to: https://twitter.com/i/web/status/700002895664578560
IN REPLY TO:
@Simpsonito9999
@curtdoolittle @AidanTierian @Bidenshairplugs Please, in 1500 the arabs had: algebra, advanced engineering and they were a Empire
Original post: https://twitter.com/i/web/status/700002895664578560
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Europeans discovered Reason, Rationalism, Science. And arabs conquered and degen
Europeans discovered Reason, Rationalism, Science. And arabs conquered and degenerated all. IQ 80.
Source date (UTC): 2016-02-17 17:28:55 UTC
Original post: https://twitter.com/i/web/status/700009040013869056
Reply addressees: @Vitex_DR @AidanTierian @Bidenshairplugs
Replying to: https://twitter.com/i/web/status/700003078032924673
IN REPLY TO:
@Simpsonito9999
@curtdoolittle @AidanTierian @Bidenshairplugs The Europeans ate with their hands, meanwhile, the arabs had forks.
Original post: https://twitter.com/i/web/status/700003078032924673
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Truth: The only reason must choose between all-consuming, and all-saving, is a m
Truth: The only reason must choose between all-consuming, and all-saving, is a monopoly government. Two nations can pursue two strategies.
Source date (UTC): 2016-02-17 17:03:00 UTC
Original post: https://twitter.com/i/web/status/700002518181552129
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TRUTH: They want to export risk upon us to obtain consumption. We want to export
TRUTH: They want to export risk upon us to obtain consumption. We want to export constraint on consumption upon them to obtain safety.
Source date (UTC): 2016-02-17 17:01:32 UTC
Original post: https://twitter.com/i/web/status/700002149149904896
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Actually, the golden age was from its age of conquest from 8-12th c. Rest was de
Actually, the golden age was from its age of conquest from 8-12th c. Rest was decline: Parasites.
Source date (UTC): 2016-02-17 11:14:50 UTC
Original post: https://twitter.com/i/web/status/699914900211113984
Reply addressees: @Vitex_DR @AidanTierian @Bidenshairplugs
Replying to: https://twitter.com/i/web/status/699808482845831168
IN REPLY TO:
@Simpsonito9999
@AidanTierian @Bidenshairplugs @curtdoolittle mm how arabs live 500 years ago, and how Europeans live?The “nicer” places were in Middle East
Original post: https://twitter.com/i/web/status/699808482845831168
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I need more context
I need more context…
Source date (UTC): 2016-02-17 11:12:55 UTC
Original post: https://twitter.com/i/web/status/699914417249591296
Reply addressees: @johann_theron
Replying to: https://twitter.com/i/web/status/699905523425112065
IN REPLY TO:
@johann_theron
@curtdoolittle Can’t usury be stopped? It’s only about 1500 yrs old and only half the world uses it anyway. Profit on transaction enough IMO
Original post: https://twitter.com/i/web/status/699905523425112065
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It is not clear that consumption is a common good. It appears to be the opposite
It is not clear that consumption is a common good. It appears to be the opposite. It appears that productivity only is a common good.
Source date (UTC): 2016-02-17 10:35:50 UTC
Original post: https://twitter.com/i/web/status/699905085506260992
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Truth: Our only solution is violent overthrow. Not to prevent them from hyper-co
Truth: Our only solution is violent overthrow. Not to prevent them from hyper-consumption, but to prevent them from taking us down too.
Source date (UTC): 2016-02-17 10:35:00 UTC
Original post: https://twitter.com/i/web/status/699904877170917376