Theme: Crisis

  • I have the same dream as Gorbachev too, you know: uniting the circumpolar people

    I have the same dream as Gorbachev too, you know: uniting the circumpolar peoples. That’s why I am so angry with Putin. It’s not just that he destroyed the postwar consensus. It’s not just that he wants to re-impose Russian barbarism on eastern europeans. It’s that he had the New Right in the palm of his hand, and with ten more years of economic integration with Europe, and an american military out of Europe, he could have united our peoples once again, across the entire north. And all he had to do was remain patient.


    Source date (UTC): 2014-12-31 04:28:00 UTC

  • sorta. WHY DOES CURT POST THIS STUFF? Because I want to show how (a) democracy i

    http://www.returnofkings.com/34330/women-should-not-be-allowed-to-voteWell, sorta.

    WHY DOES CURT POST THIS STUFF?

    Because I want to show how (a) democracy is a catastrophe, and (b) that we need a government of exchanges not of majority rule.

    Democracy (majority rule) did not represent men, it represented the absolute nuclear family. The family is paternal revolution made possible by property and property rights, but it suppressed women’s natural desire to push responsibility for her offspring on the tribe. In other words, suppression of female behavior was necessary for the development of civilization.


    Source date (UTC): 2014-12-28 10:58:00 UTC

  • INFORMATION SYSTEM IS NOT WELL BEHAVED AND LINEAR My fundamental interest is ins

    https://www.academia.edu/9865619/Understanding_Financial_Instability_Minsky_Versus_the_AustriansOUR INFORMATION SYSTEM IS NOT WELL BEHAVED AND LINEAR

    My fundamental interest is institutions and law, but I geek-out when someone helps me better understand economics by providing a language for concepts we fail to understand sufficiently to articulate alone. (I love this paper. Maybe it just appeals to my niche interests, but it’s awesome.)

    —“The conventional economic paradigm is thus not the only way economic interrelations can be modeled. Every capitalist economy can be described in terms of sets of interrelated balance sheets. At every reading of the balance sheet the financial instruments can be interpreted as generating two sets of time series: the liabilities generate payment commitments, and the assets generate expected cash receipts. Balance sheets relations link yesterdays, todays, and tomorrows: payment commitments entered in the past lead to cash payments that need to be executed now as well as future cash payments, even as liabilities are taken on now that commit future cash flows. In this structure the real and the financial dimensions of the economy are not separated: there is no so-called real economy whose behavior can be studied by abstracting from financial considerations. This system, linking yesterdays, todays, and tomorrows both financially and in terms of the demand for and supply of goods and services, is not a well-behaved linear system. Furthermore, the presumption that this system has an equilibrium cannot be sustained. This modeling of the economy leads to a process in time that generates a path that can fly off to deep depressions and open-ended inflations, even in the absence of exogenous shocks or strange displacements. In this model money is never neutral. (Minsky ibid. 78)”— Ludwig van den Hauwe


    Source date (UTC): 2014-12-26 08:57:00 UTC

  • Understanding Financial Instability: Minsky Versus the Austrians via @academia

    Understanding Financial Instability: Minsky Versus the Austrians https://www.academia.edu/9865619/Understanding_Financial_Instability_Minsky_Versus_the_Austrians via @academia


    Source date (UTC): 2014-12-25 07:29:27 UTC

    Original post: https://twitter.com/i/web/status/548017662559670273

  • WAS THE REVOLUTION COOPTED BY NAZIS? (OMG – Americans are stupid.) –“Taking you

    WAS THE REVOLUTION COOPTED BY NAZIS? (OMG – Americans are stupid.)

    –“Taking you at your word that you are living in Kiev, let me take this opportunity to ask: What do say to the charges that the revolution was instigated by the U.S.? Could it have happened without U. S. support? Was it in fact co-opted by nazis, neo or otherwise?”—

    From Curt Doolittle:

    Well, you can search for me on Google or Facebook, I’m pretty prolific, and I’m readily visible here in Kiev. 🙂

    The people here BEGGED for support from the states and got almost NOTHING. A few of us hammered the news media. But we got nothing. You can’t say that schoolgirls spending lunch money on bandages and trucking in in the cold to tend the young men on the front lines, or housewives and clerical workers showing up by the millions is somehow a CIA plot. (Which if you knew anything about the intelligence community would seem absurd.)

    And it’s absolutely insulting to locals to insinuate that they’re ignorant pawns of some global intrigue rather than artificially and desperately poor for no reason other than leftover Russian (soviet) bureaucrats in one of the most politically corrupt nations on earth. There is no rule of law here. None. Courts and police are bought. Last may I think I paid something on the order of 3K in bribes just to get people to do their jobs – not for any special treatment.

    Most people here look across the border into Poland and see what they COULD have. Most people look to Russia and see murderers who came in the middle of the night to kill relatives and families after Stalin killed millions of Ukrainians in the Holodomor: the Ukrainian Holocaust.

    The only difference between Canadians and Ukrainians’ which neighbor they have. Similar sizes and populations and similar (gentle) temperaments.

    I love these people and there is nothing on earth that justifies letting people who wish to be free come under Russian corruption ever again.

    Americans are ignorant, stupid and benevolent sheriffs yes. They fail to grasp what it means to live in a low trust society. The do not grasp that the lower the trust in a society the more necessary authoritarian rule is. That only generations of commercialism will change a low trust polity in to a moderate trust polity – even so corrupt and politically volatile as the Italians and the Romanians. Just as Russians fail to grasp that Americans actually believe they are acting in the moral interest of less advanced peoples. Americans foolishly believe that they yearn for liberty and prosperity, and merely need to be given the opportunity for self government. And look at the damage we have done. Russians cannot believe we do this with american idealism rather than russian pragamatism. That is because our idealism is as foreign to them as it would be to space aliens.

    Yet here in Ukraine we have a white, christian people (many of whom go to church, and yes, that’s important at this stage of development), who have very similar ethics, work habits, history, education, literature and mythology.

    And they want to be free.

    Yet in the coal mines of the east, in the decaying factories of the soviet era, in the desperate partly Russified slums, the idea of getting checks however small from the government from oil revenues is worth living under the rule of gangsters.

    Most of Ukraine would have been happy to divorce and set them free. But Ukrainian’s are unified now, and their view is ‘if we do not stop the enemy in Donbas, then he will be first in kiev and then in L’viv and we will be under the boots of gangsters and tyrants and murderers yet again.

    Curt Doolittle

    The Propertarian Institute

    Kiev Ukraine.


    Source date (UTC): 2014-12-17 14:36:00 UTC

  • ON RUSSIA AND UKRAINE (MUST READ) George’s Observations from Meeting with their

    http://www.stratfor.com/weekly/viewing-russia-inside#axzz3M40hvzjmSTRATFOR ON RUSSIA AND UKRAINE (MUST READ)

    George’s Observations from Meeting with their Intelligence Community:

    – (a) Sanctions will not affect Russia significantly Why? See (b).

    – (b) Russians have an extremely high pain tolerance – the highest on earth, and pressures that will topple western governments will not affect Russian government.

    – (c) Russians cannot conceptualize american idealism. They are a brutal and pragmatic people that cannot even comprehend that we have longer term ideological interests, and they interpret everything through their practical short and medium term lens. no on in Russia has good intentions, and they can’t imagine that American’s do either. In fact, most of the world cannot imagine how ideological we are. It has taken me two years living in eastern europe just to begin to see it.

    – (d) George agrees that the USA is fearful of a merger of german technology and Russian resources which would result in russian hegemony.

    My ARGUMENT on (d)

    I have been traditionally in favor of a unified Russo-german people and a withdrawal of american forces from eurasia to a more isolationist and northern american, or perhaps anglo-sphere alliance, with england functioning as switzerland, and america as germany. So I sit opposite of George on this position.

    MY ARGUMENT on (c)

    Russians’ don’t understand american ideology and I question whether George does either – He speaks in state deparatment language which reflects an implementation of the American ideology, not the source of it. Instead:

    Americans have been pursuing a postwar policy of:

    (i) borders are inviolable rigid corporate property rights and abridgment of them threatens both US domestic central authority, threatens the wealth of developed countries that depend on a fluid international economy, and threatens another global war which everyone seeks to avoid. The USA is a benevolently intentioned paranoid sheriff that tends to break things when he’s around – and fear of having him around is enough to keep the peace.

    (ii) states, meaning governments, are accountable for human rights

    (iii) People have a right to self rule, and democracy is the optimum form of rule.

    BUT….

    (iv) The USA will punish self rulers that perform badly regarding either i, or ii.

    (v) The USA foolishly advocates democracy which is a luxury good for high trust western societies and which other societies are incapable of using. Government must reflect the trust levels of the constituencies with more authoritarian for more tribal and familial and more distributed for more outbred and commercial. The question is only whether governments violate human rights and borders, not how they accomplish doing so. Democracy is equally destructive at home as it has been in the rest of the world.

    Curt Doolittle

    The Propertarian Institute

    Kiev,

    #ukraine #tlot #tcot


    Source date (UTC): 2014-12-16 07:58:00 UTC

  • We have grown used to our luxuries – spending our heritage. Spending down our no

    We have grown used to our luxuries – spending our heritage. Spending down our normative capital. And we have been able to spend it down only because of a temporary technological advantage. We have inserted tremendous risk into our civilization by assuming that the economic advantage of fossile fuels, upon which industrial and post industrial modernity is built, is something that we can perpetuate – which seems at least possible – and that we will retain our advantage over the rest of the world, and that all others in the world will not equilibrate that advantage – which seems impossible.

    The problem is that we cannot exit the risk that your assumption places on the rest of us, while you can internalize the opportunity of your preference without exporting the risk onto us.


    Source date (UTC): 2014-12-15 04:54:00 UTC

  • CREATED THE 21ST CENTURY RULE: NUKES ARE REQUIRED INFRASTRUCTURE FOR EVERYONE

    http://freebeacon.com/national-security/pentagon-considering-deployment-of-nuclear-missiles-in-europe/RUSSIA CREATED THE 21ST CENTURY RULE: NUKES ARE REQUIRED INFRASTRUCTURE FOR EVERYONE


    Source date (UTC): 2014-12-12 01:55:00 UTC

  • “RUSSIAN ZEN” Music and Waves set to The Rubles per Dollar, Rubles per Euro, Dol

    http://zenrus.ru/#closeOMFG “RUSSIAN ZEN”

    Music and Waves set to The Rubles per Dollar, Rubles per Euro, Dollars per Barrel .

    Now, what you may not know is that 50% of Russians are compensated by oil revenues, and that the entire culture requires payments from these funds.

    War is being conducted financially. This one of the many virtues of capitalism.


    Source date (UTC): 2014-12-10 12:11:00 UTC

  • HOW TO PRESENT MISES AND RAND IN THE 20th CENTURY? I would present it (as I do)

    HOW TO PRESENT MISES AND RAND IN THE 20th CENTURY?

    I would present it (as I do) as a last ditch desperate attempt to reach the enlightenment utopia embodied in both cosmopolitan middle class universalism, and anglo puritanical middle class universalism.

    But that both movements were failures and had to be, because universalism and equality are merely utilitarian merchant philosophies of self interest made possible by temporary economic advantage.

    And that the dream of a market of everyone or the dream of an aristocracy of everybody, are ideological fancies that are politically untenable, largely undesirable, and competitively unsuccessful.

    As such the virtue of the program is limited to the insights into cooperation made possible by information. And that our institutional problem across the past four millennia remains the constant need to improve means of information use and distribution as the scale and diversity of the division of labor expands analogistically to fractal evolution into all parts of human existence.


    Source date (UTC): 2014-12-10 08:22:00 UTC