Curt Doolittle

Theme: Externalities

  • Pursuit of Prosperity vs Natural Law Results in Neither.

    WORSHIP OF THE LAW VERSUS THE COMMERCIAL; FULL ACCOUNTING VIA POSITIVA, VIA NEGATIVA. Let me help you: by worship of the commercial we violate natural law and consume our previously accumulated capital. By the worship of natural law we cannot exist by other than the commercial but we are limited in that we cannot consume our previously accumulated capital. Worshipping the commercial is to love the consequence that kills you, rather than the cause that transcends you. Natural Law of Reciprocity creates wealth. It’s the property that results from reciprocity that causes the common law of torts.

    The grammar of experiences, the grammar of intentions, the grammar of goods, and the grammar of morality, are all via positiva. The grammar of causality requires the grammar of operations. The adage that property is the result of the law of torts is only a half truth. Property results from reciprocity, results from the preservation of the incentive to cooperate, which results from the suppression of parasitism that violates cooperation – in all its forms. Half truths are deadly. If you cannot describe via negativa as well as via positiva you are failing to construct a full accounting and creating a moral hazard, and as such you are a danger to us all.

  • MORAL (USAGE) The term “Moral” can be used in a specific sense or a general sens

    MORAL (USAGE)

    The term “Moral” can be used in a specific sense or a general sense. Either as behavior that imposes costs anonymously and indirectly, or as a general term to refer to all moral, ethical, and criminal behavior.

    Specific:

    0) In the series criminal, ethical, and moral, criminal refers to overt crimes, ethical to crimes of interpersonal informational asymmetry (crimes against a person you deal with), and moral to indirect crimes of informational asymmetry (crimes against the social order).

    General:

    1) Objective (decidable) morality: non imposition / reciprocity

    2) Normative morality: that portfolio of norms that in the aggregate produce a group evolutionary strategy, and therefore immoral and moral actions may be judged objectively or normatively.

    3) Subjective moral intuitions: that moral intuition we possess because of the combination of genetics, environment and training, and our attempt to survive genetic , social, and economic competition. These may be judged normatively and objectively.

    4) Fictional Morality: those wishful arguments we make.. etc. These may be judged subjectively, normatively, and objectively.

    Source date (UTC): 2017-04-25 15:31:00 UTC

  • What’s The Difference Between Keynesian Economics And Austrian Economics?

    There are three basic movements in economics. We unfortunately name them by their origins rather than their goals

    Austrian economics seeks to eliminate asymmetries of information so that people can cooperate more effectively. In this sense Austrian economics is an attempt to create a social science of cooperative institutions – political economy. More importantly the objective is to improve information. It is also the most eugenic system. (nAustrian Econ = Social Science / Political Economy )

    Chicago/freshwater/monetarist economics seeks to create formula for the non discretionary interference in the economy to correct against shocks, and thereby adding the economy to our existing tradition of rule of law. The information distortion then is not open to discretion and manipulation, and people are not made victims of Human error and bias. This system retains eugenic reproduction and savings and intervene rational lending but allows the public to insure itself agains shocks. It also prevents the creation and export of risk by one generation into another. (Chicago Econ = Monetary Rule of Law )

    Keynesian /left/freshwater economics seeks to increase consumption and therefore employment by the constant adjustment of the economy using policy and discretion as is done under the Continental system of law. This system seeks the maximum distortions possible and the maximum redistribution possible. It is also the most dysgenic system. It has destroyed the system of intergenerational rational lending, and has led to the export of risk. (Keynesian/Ashkenazi Econ = Discretionary Rule)

    In a perfect world,

    1) we develop all institutions under Austrian Economics, by minimizing asymmetries of information through constant investment in those institutions that assist in information.

    2) We use Chicago economics in our struggle to define a measure by which we limit artificial shortages in the money supply, and regulate the money supply so that we never incur ‘real’ shortages.

    3) We use Keynesian discretionary fiscal policy to cheaply invest in infrastructure in times where that investment is cheapest.

    4) We keep a balance sheet of all forms of capital from genetic through informational, as a means of measuring whether we are burning accumulated capital of any kind, or whether we are actually producing and adding to capital. This is the reason for the conflict in economic policy: we aren’t tracking changes in capital, only velocity.

    I am happy to debate this issue with any economist or philosopher living. But I seriously don’t think that anyone with the knowledge to conduct that debate would do so.

    https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics

  • What’s The Difference Between Keynesian Economics And Austrian Economics?

    There are three basic movements in economics. We unfortunately name them by their origins rather than their goals

    Austrian economics seeks to eliminate asymmetries of information so that people can cooperate more effectively. In this sense Austrian economics is an attempt to create a social science of cooperative institutions – political economy. More importantly the objective is to improve information. It is also the most eugenic system. (nAustrian Econ = Social Science / Political Economy )

    Chicago/freshwater/monetarist economics seeks to create formula for the non discretionary interference in the economy to correct against shocks, and thereby adding the economy to our existing tradition of rule of law. The information distortion then is not open to discretion and manipulation, and people are not made victims of Human error and bias. This system retains eugenic reproduction and savings and intervene rational lending but allows the public to insure itself agains shocks. It also prevents the creation and export of risk by one generation into another. (Chicago Econ = Monetary Rule of Law )

    Keynesian /left/freshwater economics seeks to increase consumption and therefore employment by the constant adjustment of the economy using policy and discretion as is done under the Continental system of law. This system seeks the maximum distortions possible and the maximum redistribution possible. It is also the most dysgenic system. It has destroyed the system of intergenerational rational lending, and has led to the export of risk. (Keynesian/Ashkenazi Econ = Discretionary Rule)

    In a perfect world,

    1) we develop all institutions under Austrian Economics, by minimizing asymmetries of information through constant investment in those institutions that assist in information.

    2) We use Chicago economics in our struggle to define a measure by which we limit artificial shortages in the money supply, and regulate the money supply so that we never incur ‘real’ shortages.

    3) We use Keynesian discretionary fiscal policy to cheaply invest in infrastructure in times where that investment is cheapest.

    4) We keep a balance sheet of all forms of capital from genetic through informational, as a means of measuring whether we are burning accumulated capital of any kind, or whether we are actually producing and adding to capital. This is the reason for the conflict in economic policy: we aren’t tracking changes in capital, only velocity.

    I am happy to debate this issue with any economist or philosopher living. But I seriously don’t think that anyone with the knowledge to conduct that debate would do so.

    https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics

  • The Law of Conservation of Costs

    by John Dow Much like thermodynamics – where energy cannot be created or destroyed merely transformed – in economics, cost cannot be created or destroyed, merely transferred. The Government offsets limited liability with the cost it bares to establish the sovereignty with which it can limit liability. Without a Sovereign Insurer, businesses which impose damages on other parties would likely face retaliation unless they compensate for their damages. The Sovereign supresses this retaliation with superior force, yet it spares the party upon whom damages have been imposed the cost of retaliation by also insuring them against these damages, albeit within limits. Violence is just another form of labour, and a costly one at that. Just as labour has a price, so does violence. If you don’t like it, take up arms and revolt against the Government, if you can afford it.

  • The Law of Conservation of Costs

    by John Dow Much like thermodynamics – where energy cannot be created or destroyed merely transformed – in economics, cost cannot be created or destroyed, merely transferred. The Government offsets limited liability with the cost it bares to establish the sovereignty with which it can limit liability. Without a Sovereign Insurer, businesses which impose damages on other parties would likely face retaliation unless they compensate for their damages. The Sovereign supresses this retaliation with superior force, yet it spares the party upon whom damages have been imposed the cost of retaliation by also insuring them against these damages, albeit within limits. Violence is just another form of labour, and a costly one at that. Just as labour has a price, so does violence. If you don’t like it, take up arms and revolt against the Government, if you can afford it.

  • STATE BUSINESS ALLIANCES Forms of subsidy to companies that engage in internatio

    STATE BUSINESS ALLIANCES

    Forms of subsidy to companies that engage in international trade produces multipliers. The math has been done. That’s why it continues. In fact, throughout history, the state-biz partnership in international trade has been a requirement at worst, and the central source of economic competition at best.

    The problem with state-business relations occurs when (a) consumers have no standing in court against violations of reciprocity in the domestic market, and (b) politicians grant rights and privileges in the domestic market (c) when zombie (dead) corporations are kept alive for political reasons.

    In the american case, corporations pay the highest taxes in the world. But our total tax rate is relatively low. Most advanced countries ( meaning those with auditable financial systems) use VAT tax increases to offset corporate taxes. But you can easily see where that goes….

    Libertarianism benefits from a little knowledge of economics, with a heavy dose of obscurantist moralizing. A little knowledge is a dangerous thing. And that is why there are many passionate libertarians, and only a half dozen libertarian ‘intellectuals’. Its because once you possess more than a little knowledge you either choose conservatism (long term and eugenic) or social democracy (short term and dysgenic).

    Source date (UTC): 2017-03-17 08:59:00 UTC

  • Is It Ok To Be Socialistic Or Anti-capitalistic Sometimes?

    All societies consist of mixed economies. We have abandoned the experiment with socialism world wide (the central organization of the economy) and instead have settled on the federal production of commons, the mixed production of core industries, and the private production of goods, services, and information. So there exist no socialist and no capitalist economies – only mixed economies. And we debate how much production of commons, how much investment in core industries, and how much liberty in the private sector economy, and how much taking from private production to give out as redistribution for unproductive periods due to age, unemployment, and care-taking.

    The first problem that we face is human nature. Everyone will take all the free rides he can get. Secondly, we face a great lie: that is that the wealthier we become, the lower the demand for people who cannot learn on their own (people who cannot handle college level independent learning) and that all people can achieve middle income status if even if they cannot produce middle income market value.

    So it is not OK to be ignorant and have an opinion about such things if you lack the knowledge to hold such an opinion. The fact of the matter is that economics is not very different from hydraulics. Where small changes can produce very large changes elsewhere – and visa versa. And where any ‘gap’ or will fill in with water at the first opportunity, just like all people will seek to make theirs whatever they can at every opportunity.

    https://www.quora.com/Is-it-OK-to-be-socialistic-or-anti-capitalistic-sometimes

  • THE LAW OF CONSERVATION OF COSTS by Joel Davis Much like thermodynamics – where

    THE LAW OF CONSERVATION OF COSTS

    by Joel Davis

    Much like thermodynamics – where energy cannot be created or destroyed merely transformed – in economics, cost cannot be created or destroyed, merely transferred.

    The Government offsets limited liability with the cost it bares to establish the sovereignty with which it can limit liability.

    Without a Sovereign Insurer, businesses which impose damages on other parties would likely face retaliation unless they compensate for their damages. The Sovereign supresses this retaliation with superior force, yet it spares the party upon whom damages have been imposed the cost of retaliation by also insuring them against these damages, albeit within limits.

    Violence is just another form of labour, and a costly one at that. Just as labour has a price, so does violence.

    If you don’t like it, take up arms and revolt against the Government, if you can afford it.

    Source date (UTC): 2017-03-06 00:03:00 UTC

  • “Many modern Christians do not understand that such self-righteousness is a luxu

    —“Many modern Christians do not understand that such self-righteousness is a luxury good. They do not pay the costs of their virtue signaling, so they can afford to ignore the effects of changing public policies in order to signal.”—Ulysses Aaron Cartwright

    Source date (UTC): 2017-02-13 21:01:00 UTC