Curt Doolittle

Theme: Externalities

  • Steven, That reasoning is an instance of false equivalency of costs. A disease t

    Steven, That reasoning is an instance of false equivalency of costs. A disease that kills even 100k will not escalate to interfere with the velocity of cooperation (externalities) – nor be curable. While terrorism can both escalate and be cured.

    Source date (UTC): 2018-01-16 11:16:02 UTC

    Original post: https://twitter.com/i/web/status/953224319815045120

    Reply addressees: @sapinker

    Replying to: https://twitter.com/i/web/status/953100283764191232

    IN REPLY TO:

    @sapinker

    How much should the government pay to eliminate a disease that kills 6 Americans a year? Now, how much should it pay to eliminate terrorism? John Mueller on why we shouldn’t exaggerate the scale of terrorism in the U.S. https://t.co/6B1GGWCR72

    Original post: https://twitter.com/i/web/status/953100283764191232

  • 3-Democracy has no regulatory limit, and legislation has no regulatory limit – e

    3-Democracy has no regulatory limit, and legislation has no regulatory limit – except collapse through accumulated rents and externalities – all of which are preferable to produce by non-market (parasitic) means.

    Source date (UTC): 2018-01-12 15:59:23 UTC

    Original post: https://twitter.com/i/web/status/951846074481864704

    Reply addressees: @Mr_Cain_Thaler

    Replying to: https://twitter.com/i/web/status/951843959827062784

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/951843959827062784

  • As A Rural American, What Would You Like Those On The Coasts (in The City) To Know About You?

    I would like them to secede or allow us to secede so that each of us can live life how we wish without imposing the costs of our preferences on the other. In simple terms, the coasts have high population densities and are heterogeneous expensive micro-cultures, with vast but low cost, high risk commons. Those of us in the germanic states (yes, that’s the difference) live in low population densities with much larger commons to manage with less wealth. In other words, our personal, economic, social, and political needs are incompatible.

    Separate in a productive manner. Or revolt and separate in costly manner.

    Civil wars eventually happen. The american civil war is not over. It’s still going on because we HAVEN’T separated.

    https://www.quora.com/As-a-rural-American-what-would-you-like-those-on-the-coasts-in-the-city-to-know-about-you

  • As A Rural American, What Would You Like Those On The Coasts (in The City) To Know About You?

    I would like them to secede or allow us to secede so that each of us can live life how we wish without imposing the costs of our preferences on the other. In simple terms, the coasts have high population densities and are heterogeneous expensive micro-cultures, with vast but low cost, high risk commons. Those of us in the germanic states (yes, that’s the difference) live in low population densities with much larger commons to manage with less wealth. In other words, our personal, economic, social, and political needs are incompatible.

    Separate in a productive manner. Or revolt and separate in costly manner.

    Civil wars eventually happen. The american civil war is not over. It’s still going on because we HAVEN’T separated.

    https://www.quora.com/As-a-rural-American-what-would-you-like-those-on-the-coasts-in-the-city-to-know-about-you

  • Russia Has 75 Trillion Worth Of Natural Resources. How Does This Affect Its Economy And The World?

    Please research the economic term “Resource Curse”.

    This excerpt from Ivestopedia.

    What is a ‘Resource Curse’

    Countries with an abundance of non-renewable resources tend toward stagnant growth or even economic contraction. This is because easy and profitable resources pull talent and capital, and prevent the development of a diverse, complex, innovative, and adaptive economy.

    The country then becomes dependent upon the price of commodities, and GDP (Gross Domestic Product) becomes volitaile because of the volatile price of commodities. (This is how the world is ‘punishing’ Russia for invasion of Ukraine – over-production of petroleum products upon which the entire country depends. So resource economies are ‘vulnerable’ not strong.)

    Worse, resources are attractive for government corruption (Again, russia and ukraine are exceptional examples. Russian resources, and Ukrainian farm land. )

    This is a problem in the USA, and in Canada, and in Australia, where all three countries had an abundance of territory that they are selling off to immigrants and creating a consumer economy rather than competing as their predecessor england did, or as japan has done, using technology, institutions, and culture. Or as Switzerland and Belgium have done. If you want to be prosperous you want a small homogenous country with no chance but to compete. (Switzerland is perhaps the best run country in the world.)

    Cheers

    https://www.quora.com/Russia-has-75-trillion-worth-of-natural-resources-How-does-this-affect-its-economy-and-the-world

  • Russia Has 75 Trillion Worth Of Natural Resources. How Does This Affect Its Economy And The World?

    Please research the economic term “Resource Curse”.

    This excerpt from Ivestopedia.

    What is a ‘Resource Curse’

    Countries with an abundance of non-renewable resources tend toward stagnant growth or even economic contraction. This is because easy and profitable resources pull talent and capital, and prevent the development of a diverse, complex, innovative, and adaptive economy.

    The country then becomes dependent upon the price of commodities, and GDP (Gross Domestic Product) becomes volitaile because of the volatile price of commodities. (This is how the world is ‘punishing’ Russia for invasion of Ukraine – over-production of petroleum products upon which the entire country depends. So resource economies are ‘vulnerable’ not strong.)

    Worse, resources are attractive for government corruption (Again, russia and ukraine are exceptional examples. Russian resources, and Ukrainian farm land. )

    This is a problem in the USA, and in Canada, and in Australia, where all three countries had an abundance of territory that they are selling off to immigrants and creating a consumer economy rather than competing as their predecessor england did, or as japan has done, using technology, institutions, and culture. Or as Switzerland and Belgium have done. If you want to be prosperous you want a small homogenous country with no chance but to compete. (Switzerland is perhaps the best run country in the world.)

    Cheers

    https://www.quora.com/Russia-has-75-trillion-worth-of-natural-resources-How-does-this-affect-its-economy-and-the-world

  • There exists only one law of cooperation: voluntary, productive, fully informed,

    There exists only one law of cooperation: voluntary, productive, fully informed, warrantied, exchange, free of imposition of costs by externality against all investments of effort and asset. All law either is constructed from this, or is but predation. #Trump #RevolutionComes

    Source date (UTC): 2017-12-12 18:45:03 UTC

    Original post: https://twitter.com/i/web/status/940653744794030080

  • The family is the result of a compromise in the market between male and female r

    The family is the result of a compromise in the market between male and female reproductive strategies, while prohibiting the export of the cost of one’s behavior and reproduction on the polity. If that compromise doesn’t exist, male interest is merely to return to rule. #Trump

    Source date (UTC): 2017-12-12 16:22:53 UTC

    Original post: https://twitter.com/i/web/status/940617965917130752

  • Fascism was an attempt to solve both the cancer of communism by intentions, and

    Fascism was an attempt to solve both the cancer of communism by intentions, and the cancer of capitalism by externality.

    Source date (UTC): 2017-11-12 21:10:00 UTC

  • Fascism was an attempt to solve both the cancer of communism by intentions, and

    Fascism was an attempt to solve both the cancer of communism by intentions, and the cancer of capitalism by externality.