—“Should I read (Essayist)”—
I think nietzsche is mandatory reading IF you can enjoy reading him. I think if you can’t handle nietzsche then try Evola for the esoteric and Chesterson for the realistic.
Source date (UTC): 2018-05-26 20:00:00 UTC
—“Should I read (Essayist)”—
I think nietzsche is mandatory reading IF you can enjoy reading him. I think if you can’t handle nietzsche then try Evola for the esoteric and Chesterson for the realistic.
Source date (UTC): 2018-05-26 20:00:00 UTC
THE BASIC THEORIES OF ECONOMICS
You should be at least casually aware of them.
I recommend just reading Investopedia from front to back (it’s what I did to make sure I could translate all the terms into propertarian language)
-Schools of Thought-
Classical
Marxism
Keynesian (positive)
Neoclassical synthesis
Austrian School
-Economic Systems-
Free market capitalism
Market socialism
Central planning
Mercantilism
Shock therapy
Washington consensus
-Economic Cycles-
Keynesian (normative)
Monetarism
The Phillips curve
Permanent income hypothesis
Rational expectations
Time consistency
Financial accelerator
Financial instability hypothesis
Lender of last resort
-Growth-
Neoclassical growth
New growth theory
Creative destruction
Human capital
The rule of law
Limits to growth
-Global Trade-
Comparative advantage
Heckscher-Ohlin trade model
New trade theory
Optimal currency area
The impossible trinity
Purchasing power parity
-Choice-
Rational choice
Game theory
Public choice
Expected utility theory
Prospect theory
-Tax & Spend Policies-
Tax incidence
Excess burden
Supply-side economics
Crowding out
-Markets-
The invisible hand
Marginalism
The tragedy of the commons
Property rights
Polluter pays principle
Adverse selection
Moral hazard
Efficient market hypothesis
Rent seeking
-MORE Theories To Get You Started-
Supply and Demand (Invisible Hand)
Neo-Malthusian (Resource Scarcity)
Solow Model (growth comes from capital, labor, and technology)
New Growth Theory (Romer & endogenous growth)
Institutions and Growth (rule of law, property rights, etc.)
Efficient Markets Hypothesis
Permanent Income / Life Cycle Hypothesis
Something Behavioral (e.g., Prospect Theory)
Adverse Selection and the Lemons Problem
Moral Hazard
Tragedy of the Commons
Property Rights as a solution to the Tragedy of the Commons
Game Theory (e.g., Prisoner’s Dilemma)
Comparative Advantage
New Trade Theory
The Trilemma (exchange rates, capital flows, and monetary policy)
-EVEN More Theories-
Washington Consensus
Financial Accelerator
Theory of Independent Central Banks
Bagehot Theory of Central Bank Lending
Creative Destruction (Schumpeter)
Ricardian Equivalence
Dynamic Consistency
Diversification and Investment Portfolio Design
Capital Asset Pricing Model
Option Valuation (Black-Scholes et al.)
Austrian Economics
Speculative Bubbles (e.g., Minsky)
Liquidationist View of Downturns
Time Value of Money (incredibly important but very old)
Public Choice / Economic Theory of Regulation (politicians and government workers as self-interested maximizers)
Arrow’s Impossibility Theorem
Welfare Theorems
Veblen and Conspicuous Consumption
Polluter Pays Principle (e.g., Piouvian Taxes)
Offsetting Behavior (e.g., people drive safe cars more aggressively)
Heckscher-Ohlin Trade Theory
Optimal currency areas
Exchange Rates and Purchasing Power Parity
Mercantilism
Rubinomics
Supply-side Economics
Laffer Curve
Phillips Curve
Theories of Economic Geography
Fisher Theory of Interest Rates
Liquidity Traps
Resource Curse (Dutch Disease)
Exchange Rate Overshooting (Dornbusch)
Auctions
Mechanism Design
Principal-Agent Theory (e.g., separation of management and ownership)
Theory of Optimal Taxation (e.g., broad base, low rate, tax less-elastic activities)
Source date (UTC): 2018-05-24 12:40:00 UTC
—“The key is training our women. I’ve helped my wife think and speak specifically and empirically, “operational language” (I use this all the time, thank you for that.) I’ve watched my wife go from admin to Vice President of a major corporation because of it. It’s our duty to teach our women to think like men.”—Eric Bumpus
You are braver than I am but I agree that stoicism and operational language would be of even greater benefit to women than to men, because women of necessity lack men’s agency and so they need it more so than we do.
😉
Source date (UTC): 2018-05-24 11:42:00 UTC
Source date (UTC): 2018-05-23 08:46:00 UTC
Every single time one of you makes an argument and I can see your progress it gives me joy. thank you.
Source date (UTC): 2018-05-19 22:16:15 UTC
Original post: https://twitter.com/i/web/status/997964173983305728
THE EDUCATION OF SLOAN HENRY
Um … Let me help you sweetie, and your little dog (“Bernard”) too…
(**a reference to the wizard of oz… lol)
https://www.facebook.com/curt.doolittle/posts/10156364687907264
https://www.facebook.com/curt.doolittle/posts/10156362084622264
https://www.facebook.com/curt.doolittle/posts/10156361965212264
https://www.facebook.com/curt.doolittle/posts/10156355447672264
1) “Bernard” proposed a complete argument that suggested what people would do. I demonstrated it is contrary to evidence, incentive and logic. His proposition was that groups would tolerate fractionalization of the law, when the evidence is that the opposite is true: all groups converge on reciprocity and actively exterminate, prosecute, and suppress all of those that don’t (the example being conquest, secession attempts, piracy, black markets). There is no evidence elsewhere other than law (example being licensing piracy as private funding of warfare.)
2) “Bernard” presented a series of opposition movements against reciprocity (communist, socialist, anarchist), as evidence of its failure – despite none of those ideas surviving in the market for polities. But he did not state the opposite, which is the vast literature and record of the use of reciprocity in all civilizations across all time periods, in all bodies of law, and the use of law to continuously converge on reciprocity as the scale of cooperation increases. (The origin of the term liberty is in the right of a locality to preserve local laws in some cases, despite rule by a state or empire seeking to homogenize trade, because trade requires reciprocity to exist, and the more trade the more taxes/income from imposing reciprocity.)
3) “Bernard” proposed a series of arguments that relied upon individual agreement with the results of the test of reciprocity – rather than reciprocity was both decidable (consistent across the logical, empirical, and incentives), and necessary for any group that an cooperate. In other words he attempted to suggest that the meaning of ‘moral’ was that which one agreed with rather than the Nash equilibrium of what a group needs for survival, and the only incentive the strong have for letting the undesirable exist. The fact that his ‘logic’ is illogical doesn’t seem to occur to him – that an individuals actions alone are amoral, and it’s only when we resolve conflicts that actions can be judged immoral, amoral, or moral. And it’s only for the resolution of disputes in groups for the purpose of preserving cooperation that morality is even a question.
4) I presented “Bernard” with a series of questions that would allow one to falsify reciprocity as a test of morality (ethics, criminality, tolerance for existence), and he avoided them at every opportunity. In other words, I presented the criteria for falsification and he circumvented it repeatedly.
5) “Bernard” (much like you) responded with (Jewish Pillpul, Rousseuian/Kantian, Marxist, Feminist, Postmodern) critique, which includes the techniques of straw manning (as he did in 1 above), cherry picking (as he did in 3 above, correspondence (as he did in 3) above, avoidance of the central argument (as he did in 4) above, and the use of disapproval, shaming, psychologizing, ad hom, gossip, rallying). He did not manage or need to rely on ‘heaping undue praise’, which is the other common technique, or appeal to pseudoscience or mysticism). But otherwise, “Bernard” used textbook Pilpul (critique) to avoid answering the central question: are all conflicts decidable under tests of reciprocity and are all oppositions to reciprocity attempts at theft (free-riding, parasitism, predation)? I mean its not an opinion. It’s simply physics. Did you expend time energy and resources in the investment in the production of a good, service, institution, or information (Property), and did another consume, damage, or impede it (Theft).
As far as I know, neither the rationality of choice or the morality of reciprocity is possible to falsify. All choices are rational given full accounting of the inputs (costs), and all questions of conflict are decidable given a full accounting of the inputs (investments).
I mean. There are no known arguments against this reasoning that I know of. Every defense is merely a restatement of rationality and reciprocity(productivity) or it’s avoidance(parasitism).
You know, it’s not like he engaged in intellectually honest or even rational discourse. He just used the technique invented by women to rally against dominant males, which was formalized in jewish law: Pilpul, and formalized into jewish, christian, and islamic religions: lie, and pay the cost of membership by preserving the lie. Then the empirical enlightenment came about which overthrew the jewish counter-revolution against truth, and we saw Rousseau/Kant, then Marx,Boas,Freud,Adorno+company, Mises/Rothbard/Rand, Lenin/ Trotsky/Strauss, and finally Derrida/Rorty, all work from pseudo-rationalism, through pseudoscience, through pseudolegalism, through outright denialism and the industrialization of lying.
Truth is unkind to those with low Genetic Market Value: the resulting sexual, reproductive, social, economic, political, and military market values. Truth is unkind to lies. Truth is unkind in general. It is however extraordinarily powerful for those who have at least the minimum Genetic Market Value. And that is why those of us with at least the minimum Genetic Market Value use Truth and the power it gives us to suppress, prosecute, and exterminate those who seek survival by theft rather than reciprocity.
We have to. Evolution demands it of us. And the universe is nothing but an opportunity for those of us with High Genetic Market Value to convert into Eden.
Source date (UTC): 2018-05-19 12:43:00 UTC
LEARNING ART HISTORY
You read Gardner – I mean that’s enough. You learn world history; you get a vague grasp of technological history -most of art history is the evolution of representational technologies on the one hand and mythos (symbolism) on the other.
Monumental art is expensive, and empires can afford the expensive, and it’s one of the few things that is extremely difficult to imitate without equal expense, so it has extraordinary signal value. Monuments are profoundly good investments in reality. There is no equivalent.
When you understand its all just money, and that military empires create good art because they both can afford to and politically need to then it’s all rather obvious.
From that knowledge base you can focus on the mastery of each of the crafts – all of which combine both technical knowledge with extraordinary repetition (training). And so I found working in fine art as tedious as playing chess: in order to be good enough you must spend ten years getting there and only after that have you any chance of making a difference.
As such, either you find an innovation in representational technology young and use it (like mathematicians do) or you develop deep talents like all craftsmen do.
The problem with literature at present (meaning) is that (((they))) have been working through marxism, POMO, feminism for over a century now to destroy all forms of excellence via critique – essentially soiling everything that is beautiful and excellent with the fecal matter of marxism/feminism/postmodernism.
I know that I read encyclopedias and history young, studied art and see human history as the evolution of arts and technologies. It was after I added economics and economic history that I developed a wholistic understanding of man.
Hence why I have a low opinion of the history of thought: it consists largely of the middle class writing opposition literature against the status quo by proposing ideals that are existentially impossible but agitating and cathartic none the less.
Source date (UTC): 2018-05-19 10:57:00 UTC
You read Gardner – I mean that’s enough. You learn world history; you get a vague grasp of technological history -most of art history is the evolution of representational technologies on the one hand and mythos (symbolism) on the other. Monumental art is expensive, and empires can afford the expensive, and it’s one of the few things that is extremely difficult to imitate without equal expense, so it has extraordinary signal value. Monuments are profoundly good investments in reality. There is no equivalent. When you understand its all just money, and that military empires create good art because they both can afford to and politically need to then it’s all rather obvious. From that knowledge base you can focus on the mastery of each of the crafts – all of which combine both technical knowledge with extraordinary repetition (training). And so I found working in fine art as tedious as playing chess: in order to be good enough you must spend ten years getting there and only after that have you any chance of making a difference. As such, either you find an innovation in representational technology young and use it (like mathematicians do) or you develop deep talents like all craftsmen do. The problem with literature at present (meaning) is that (((they))) have been working through marxism, POMO, feminism for over a century now to destroy all forms of excellence via critique – essentially soiling everything that is beautiful and excellent with the fecal matter of marxism/feminism/postmodernism. I know that I read encyclopedias and history young, studied art and see human history as the evolution of arts and technologies. It was after I added economics and economic history that I developed a wholistic understanding of man. Hence why I have a low opinion of the history of thought: it consists largely of the middle class writing opposition literature against the status quo by proposing ideals that are existentially impossible but agitating and cathartic none the less. May 19, 2018 10:57am
You read Gardner – I mean that’s enough. You learn world history; you get a vague grasp of technological history -most of art history is the evolution of representational technologies on the one hand and mythos (symbolism) on the other. Monumental art is expensive, and empires can afford the expensive, and it’s one of the few things that is extremely difficult to imitate without equal expense, so it has extraordinary signal value. Monuments are profoundly good investments in reality. There is no equivalent. When you understand its all just money, and that military empires create good art because they both can afford to and politically need to then it’s all rather obvious. From that knowledge base you can focus on the mastery of each of the crafts – all of which combine both technical knowledge with extraordinary repetition (training). And so I found working in fine art as tedious as playing chess: in order to be good enough you must spend ten years getting there and only after that have you any chance of making a difference. As such, either you find an innovation in representational technology young and use it (like mathematicians do) or you develop deep talents like all craftsmen do. The problem with literature at present (meaning) is that (((they))) have been working through marxism, POMO, feminism for over a century now to destroy all forms of excellence via critique – essentially soiling everything that is beautiful and excellent with the fecal matter of marxism/feminism/postmodernism. I know that I read encyclopedias and history young, studied art and see human history as the evolution of arts and technologies. It was after I added economics and economic history that I developed a wholistic understanding of man. Hence why I have a low opinion of the history of thought: it consists largely of the middle class writing opposition literature against the status quo by proposing ideals that are existentially impossible but agitating and cathartic none the less. May 19, 2018 10:57am
—“I’m tickled to death that the guy with the BA is attempting to talk down about intellect to the person with the Doctorate.”— Sloan Henry
Um. Let me help you sweetie.
1) People like me don’t ask permission for a degree. We go out into the world and ACHIEVE independent of permission. Most of us drop out of university because it’s just a waste of time if you can DO the competitive, rather than get a degree so that you beg someone to LET you do the trivial. Especially in my generation (Gates,Jobs,Ellison). Those of us with superior ability DEMONSTRATE ability. We don’t ask for certification without demonstration of ability. We DO. That’s why Ive been on the Inc 500 a couple of times and you haven’t. Thats why I built multiple successful companies and you didn’t. That’s why I can generate an innovation in human thought – and you use marxist/feminist/post-modern ‘critique’.
2) Every PhD program I’ve looked into has told me the same thing “There is no value in a PhD for you. A PhD won’t help you. Just write and publish. Besides, there is no way to put a dissertation committee together across that many fields here.” (Note: I had enough money to pay for it, and just treat the PhD period as my “Hermitage”. The truth is I’m extremely disruptive intellectually in any such environment and I always have been.)
3) What is your doctorate in? I mean, anyone can ‘do time’ in the American educational system and get a doctorate outside of the STEM fields. It’s not like Germany or even Oxford for that matter. You just pay for a degree in the states, you don’t have to earn it. So you are equating paying for a piece of paper and a failure to accomplish anything with a person who built multiple companies by the time I was your age. From nothing. Without having a cent of my own.
4) You can’t construct an argument without resorting to Post-Modern / Feminist critique to save your soul. That’s evidence. If you could evidence skill that’d be one thing. But you can’t. Just Critique. So I mean, evidence of ability is evidence. So far you haven’t got any other than serial sexual, social, economic, and intellectual dysfunctionality. I mean. Really.
I try not to stomp on the bunnies unless they waste my time. But some bunnies waste my time. And it does take some time and effort to stomp on the bunnies now and then, but like all contributions to the moral commons it’s an act of altruistic punishment: expensive but required of all of us in order to preserve the incentive for truthful, reciprocal, cooperation.
Source date (UTC): 2018-05-19 10:21:00 UTC