Theme: Externalities

  • You aren’t really saying that are you? Great example. One woman. Track her famil

    You aren’t really saying that are you? Great example. One woman. Track her family for five generations. Add up the total costs. Or african Americans. Males 8% of population cause 50% of crime. Tons of literature on it. Humor. Dooley family. Eugenics era.


    Source date (UTC): 2020-06-26 02:49:43 UTC

    Original post: https://twitter.com/i/web/status/1276346876850208769

    Reply addressees: @AsaZernik @johnnywalkerle2 @ashleyblair21 @InvisibleTL @littlebirdll

    Replying to: https://twitter.com/i/web/status/1276346173066903555

  • You aren’t really saying that are you? Great example. One woman. Track her famil

    You aren’t really saying that are you? Great example. One woman. Track her family for five generations. Add up the total costs. Or african Americans. Males 8% of population cause 50% of crime. Tons of literature on it. Humor. Dooley family. Eugenics era.

    Reply addressees: @AsaZernik @johnnywalkerle2 @ashleyblair21 @InvisibleTL @littlebirdll

  • The marxists created a false dichotomy between capitalism and communism to lie.

    The marxists created a false dichotomy between capitalism and communism to lie. If we have rule of law by european sovereignty, reciprocity and full accounting of externality, we will have ethical and moral markets. if we have rule by discretion instead, capitalism and socialism.


    Source date (UTC): 2020-06-26 02:15:53 UTC

    Original post: https://twitter.com/i/web/status/1276338364015276032

    Reply addressees: @JadeBai85455803 @Elbanna201 @arbutus_pointBC @AsaZernik @ashleyblair21 @InvisibleTL @littlebirdll

    Replying to: https://twitter.com/i/web/status/1276337520519843840

  • The marxists created a false dichotomy between capitalism and communism to lie.

    The marxists created a false dichotomy between capitalism and communism to lie. If we have rule of law by european sovereignty, reciprocity and full accounting of externality, we will have ethical and moral markets. if we have rule by discretion instead, capitalism and socialism.

    Reply addressees: @JadeBai85455803 @Elbanna201 @arbutus_pointBC @AsaZernik @ashleyblair21 @InvisibleTL @littlebirdll

  • We (whites) can no longer compensate for the level of cost, and harm of brown an

    We (whites) can no longer compensate for the level of cost, and harm of brown and black people. It’s just economics and demographics.

    Reply addressees: @diamondisnt @DanishPastry11 @_ReaalAmerican_ @realDonaldTrump

  • Markets And The Necessity Of Full Accounting

    Markets And The Necessity Of Full Accounting https://propertarianism.com/2020/05/28/markets-and-the-necessity-of-full-accounting/


    Source date (UTC): 2020-05-28 20:35:50 UTC

    Original post: https://twitter.com/i/web/status/1266105927075115008

  • Markets And The Necessity Of Full Accounting

    Mar 22, 2020, 11:24 AM Questions: Are we running barrel-making as a private corporation? Or are we running the city as a private corporation? Or are we running the state as a private corporation? Or are we running the empire as a private corporation? Or are we running the civilization as a private corporation? Or are we running the world as a private corporation? Let’s say we have 200 men working in barrel making. if some group wants to come into town and set up shop, or sell barrels within the town, what are the trade offs?

    (a) Dilute the market they take away from the others in the town.

    (b) Cause a reduction in prices if the prices are extractive

    (c) Put everyone out of business by doing so and raise the cost of barrels produced elsewhere, and force the reconstitution of the industry internally. Now, increase transportability. Rivers, ships, railroads, trucks, and the opportunity to compete across markets increases, and the opportunity to shift production increases because of it. … until you’re burning capital. So my point being that unless you’re measuring capital rather than price you don’t know if your general rule is true. Right now we’re seeing the fallacy of the utility of globalism: fragility.Well, we’re also seeing the fallacy of the utility of urbanism. Fragility and risk. Thinking this process through will generally cause us to break our bad habits by failing full accounting.

  • Markets And The Necessity Of Full Accounting

    Mar 22, 2020, 11:24 AM Questions: Are we running barrel-making as a private corporation? Or are we running the city as a private corporation? Or are we running the state as a private corporation? Or are we running the empire as a private corporation? Or are we running the civilization as a private corporation? Or are we running the world as a private corporation? Let’s say we have 200 men working in barrel making. if some group wants to come into town and set up shop, or sell barrels within the town, what are the trade offs?

    (a) Dilute the market they take away from the others in the town.

    (b) Cause a reduction in prices if the prices are extractive

    (c) Put everyone out of business by doing so and raise the cost of barrels produced elsewhere, and force the reconstitution of the industry internally. Now, increase transportability. Rivers, ships, railroads, trucks, and the opportunity to compete across markets increases, and the opportunity to shift production increases because of it. … until you’re burning capital. So my point being that unless you’re measuring capital rather than price you don’t know if your general rule is true. Right now we’re seeing the fallacy of the utility of globalism: fragility.Well, we’re also seeing the fallacy of the utility of urbanism. Fragility and risk. Thinking this process through will generally cause us to break our bad habits by failing full accounting.

  • Definition: Externality

    Definition: Externality https://propertarianism.com/2020/05/27/definition-externality/


    Source date (UTC): 2020-05-27 04:27:51 UTC

    Original post: https://twitter.com/i/web/status/1265499936617123841

  • Definition: Externality

    Dec 10, 2019, 11:03 PM “Externality” is a technical term and it’s meaning is obvious. If you do something that indirectly and negatively affects a third person, that’s an externality. It means ‘outside of your direct perception’. That’s not complicated. At all. ie: the ridiculous example of a butterfly flapping its wings in china causes tornado in America. The less ridiculous example of playing your music loud at night keeping up the neighbors. “Indirect consequences”.