Theme: Externalities

  • One of the first principles of economics, that is a given in physics, is a full

    One of the first principles of economics, that is a given in physics, is a full accounting (balance sheet) of causes and consequences. Not a selection bias. If zombie companies are destroying private wealth and others wish to make short term profits by financing their decline, or gambling on their recovery (which is what they do), then that is a private matter. People do so because it’s in their interest to maximize their personal returns as an organization vs the alternatives. Just as you may defer maintenance on yourself, relationships, assets, and home.

    However, when rents are extended to the public, and impose a cost on the commons, that’s a public matter.

    I am not sure why this is hard to comprehend but it is possible that I’ve been doing this so long that I’m not seeing what you’re intuiting.

    My suspicion is that you are accidentally dealing with an ideal or moral idea and not a concrete category – possibly because this is one of the cataegorical deceptions in libertarian thought, just like the categorical deception of ‘society’ in Marx’s work. This mistake is common for most people – because tehy do not realize they are merely justifying a moral presumption – though I havent detected this line of thinking in you before.

    It’s a Very Jewish > Christian-Theological > Philosophical-Moral > Rationalistic Justification > but not necessarily empirical > and certainly scientific, and therefore fully accounted.

    HIERARCHY OF ASSETS AND RIGHTS: Personal (life, body, actions) > Private (self or familial regulation, usus, fructus, mancipio, abusus) > Semi-Private (private regulation, usus, fructus, mancipio) > Semi-Plublic Commons (self regulating, usus + fructus) > Public Commons (usable, usus) > Public ‘sacred’ Commons (inviolable).

    Reply addressees: @William68332190 @neoCamelist


    Source date (UTC): 2023-10-17 17:36:33 UTC

    Original post: https://twitter.com/i/web/status/1714334596081340416

    Replying to: https://twitter.com/i/web/status/1714329125886845358

  • RT @ContraFabianist: @curtdoolittle It appears to me that opportunities to exter

    RT @ContraFabianist: @curtdoolittle It appears to me that opportunities to externalize the costs of regulating one’s own underclass increas…


    Source date (UTC): 2023-10-13 08:28:58 UTC

    Original post: https://twitter.com/i/web/status/1712747242077945876

  • That’s …. ridiculous. No you are not producing an equal product with equal tes

    That’s …. ridiculous. No you are not producing an equal product with equal testability with an equal outcome that producing equal consequences, and importantly equal externalities.

    In fact I am all but certain that if I sat your classes I would struggle to keep up with taking notes on your faults, and would produce at least one article per class that explained what you had misunderstood, misrepresented, and the consequential harms you had produced, just teaching something as trivial as literature.

    And I’m all but certain each argument would consist of something that hadn’t even occurred to you, because you lacked sufficient education in cognitive science, logic, economics, and law – and that’s without touching physics, – so you were in fact teaching ideology under cover of literature. Literature the profound meaning of which is almost certainly lost upon you – because if not you would easily explain how the message conveyed related the european group evolutionary strategy and how that strategy compared to the other surviving civilizations of the world.

    I know this because only someone who would make such a nonsense statement as your origional post, could do so if she was also teaching nonsense in her career, and practicing that nonsense in daily life – wholly unaware that it’s nothing but nonsense.

    Here is the important question: given we know there is zero durable value to everything other than the STEM+Law series, that warrants anything other than one year of study, (and even that among stem courses there are only two to four that require four years), and given that we know that education is a high cost substitute caused by nothing mre than the prohibition on IQ testing that’s all that employers require for hiring, and training by apprenticeship (doing) rather than the universally outdated nonsense they are taught in undergrad.

    And given that the endebtedness caused by wasting four years of income and career, four years of maximum intersexual relationship adaptability, delaying home ownership, delaying reproduction, and therefore producing the decline in reproduction cause almost entirely by childless women, who, because of that behavior, are not reproducing enough citizens to offset women’s consumption of seventy percdent of government services, nor ensuring there are is an economy to support them in old age, thus parasites on those that do produce families, and all while the present technolgical advancement will cause vast unemployment among white collar clericals causing what will now be called unskilled workers, whose income was only made possible for a brief period during the first three generations of democratized computing.

    Are you sure you even have the vaguest idea what you are talking about, and it’s consequences? Or are you another product of the postwar academy’s combination of the false promise of endless growth, the abandonment of responsibilty for the commons, the deprioritization of the family as capitalization between generations for the individual hyperconsumption of built up behavioral and physical capital without contributing to its replacement, and the mandatory indoctrination into social pseudoscience with the consequential devolutionary influencde not seen since the Christian destruction of the Roman ampire by the same means?

    Such prideful arrogance in such profound ignorance is revolting. You should never be permitted public speech, and even less so participating in the indoctrination of a generation, already the least competent, and most physically, emotionally and psychological unfit in our history.

    Fin.

    Reply addressees: @JessicaCalarco @epopppp


    Source date (UTC): 2023-09-22 23:23:48 UTC

    Original post: https://twitter.com/i/web/status/1705362287513448449

    Replying to: https://twitter.com/i/web/status/1704894737172627659

  • The only problem I see with the west’s economic order is (a) trying to rescue ch

    The only problem I see with the west’s economic order is (a) trying to rescue china but giving them all the advantages of a partner, only to have them abuse it and turn it against us. (b) shipping our jobs offshore as part of the strategy of dragging the rest of the world out of poverty, and increasing local consumption. (c) but most importantly the entry of women into the workforce as peers to men, causing population collapse, and the subsequent decline in state revenues, consumption, and overall economy.
    Women gotta have little rug rat munchins otherwise everything collapses rather quickly.

    Reply addressees: @Dontcar25448459 @dr_duchesne @SethAbramson


    Source date (UTC): 2023-09-12 05:30:42 UTC

    Original post: https://twitter.com/i/web/status/1701468354848989184

    Replying to: https://twitter.com/i/web/status/1701441336077864993

  • RT @scottlincicome: Environmental Kuznets Curve FTW, again

    RT @scottlincicome: Environmental Kuznets Curve FTW, again.


    Source date (UTC): 2023-08-31 19:07:07 UTC

    Original post: https://twitter.com/i/web/status/1697325160267763729

  • Thought: Externalities via mathematics. Euclid all positive – european physical

    Thought: Externalities via mathematics.
    Euclid all positive – european physical vs oriental verbal math
    Descart restores – physical from the oritental verbal.
    Cantor, Bohr, Einstein – Restore the verbal oriental, and cause math and physics to abandon european physical math. There are no infinities just greater or lesser operational rates, einstein’s pictures abandoned maxwell to hilbert, Bohr doubles down on mathematical verbalism. The rest is the stagnation of physics as a consequence.

    Small differences in metaphysics produce vast differences in potential incremental innovation. In particular favoring mathematical narratives vs physical operations prevents potential for abduction, induction and deduction as well as falsification of those mathematical claims.

    There is no evidence of inconsistency at any of all scales of the universe, and the present mathematical platonism entrenched by cantor, einstein, bohr have trained generations to abandon mathematical naturalism (materialism). Hence stagnation.

    Unfortunately progress will occur as usual with tombstones.

    Reply addressees: @charlesmurray


    Source date (UTC): 2023-07-20 19:07:37 UTC

    Original post: https://twitter.com/i/web/status/1682104996219744256

    Replying to: https://twitter.com/i/web/status/1682033879685947392

  • RT @_HannahRitchie: Do you know what is really bad for the environment? Low crop

    RT @_HannahRitchie: Do you know what is really bad for the environment?

    Low crop yields. It means forest is cut down to make space for far…


    Source date (UTC): 2023-07-17 13:08:55 UTC

    Original post: https://twitter.com/i/web/status/1680927561084284930

  • Sabine Hossenfelder Rains On EV The Parade – Price tag to upgrade the grid for t

    Sabine Hossenfelder Rains On EV The Parade
    https://www.youtube.com/watch?v=xcV4bfEiucs
    – Price tag to upgrade the grid for the demand in electric cars tesimates range from 7 to 20 TRILLION dollars.
    – And then, we still have to create the energy?
    – Fueling electric vehicles with coal is worse than…


    Source date (UTC): 2023-07-15 18:21:10 UTC

    Original post: https://twitter.com/i/web/status/1680281366678601729

  • Can you ask this differently. The question we’re asking is why do you have the r

    Can you ask this differently. The question we’re asking is why do you have the right to reproduce offspring that like you will export a cost upon on thers.

    One of the interesting bits I’ve been struggling with is that anyone who undersetands this statemetn woudn’t be affected by it. Yet so many common folk who feel they are somehow academically disinclined think they would be. It’s not clear that people below 85 or even 90 would object to being paid for sterilization and non-reproduction in exchange for not exporting further generations onto the polity. In effect, the welfare system does the opposite – it rewards dysgenia and the tax system harms eugenia.

    Reply addressees: @Dek01907133


    Source date (UTC): 2023-07-13 18:14:00 UTC

    Original post: https://twitter.com/i/web/status/1679554788227178496

    Replying to: https://twitter.com/i/web/status/1679547736918466561

  • Clarification. Last paragraph: –“In other words, we make the economy better by

    Clarification. Last paragraph:
    –“In other words, we make the economy better by ending bads and then indirectly produce goods, rather than try to produce goods that always and everywhere produce bads indirectly.”–


    Source date (UTC): 2023-07-13 14:01:03 UTC

    Original post: https://twitter.com/i/web/status/1679491131221102598

    Replying to: https://twitter.com/i/web/status/1679488171317293056


    IN REPLY TO:

    Unknown author

    TAXES DON’T SOLVE INEQUALITY. HOW TO FIX IT?
    No you cannot reduce inequality with taxes.
    You can:
    Structure your economy for employment (instead of prices) -reducing need for taxes and redistribution.
    Compensate for market failure by producing a labor economy for the production of commons – reducing need for taxes and redistribution: note that this demand is going to increase rapidly as technology continues to increase.
    Require work for redistribution – producing returns on redistribution.
    Increase employability of citizens within their ability limits – reducing need for taxes and redistribution.
    Eradicate rent seeking, socialization of losses, privatization of commons, and corruption – reducing need for taxes.
    Limit utility, bureacracy, state, and education ‘income capture’, in particularly prohibiting unions – reducing need for taxes.
    Convert consumer interest, insurance, employment, medical, and retirement savings to non-profits under the treasury, invest those ‘institutional investments’ in the economy – reducing need for taxes.
    Convert the Academy and Medical industries to professional-run, and end all administrative personnel who consume the majority of costs.
    Restore ability to hire by tests of IQ and personality thereby ending the need for 100k education debt as a substitute.
    Reduce education over 13 to part time and begin part time employment for the young. Socialization and economic education are more important than indoctrination.
    Improve education by replacing instruction with ‘gaming’.
    Continue govt funding of research but structure as public private, keeping part of the profits of R&D in the treasury reducing neede for taxes.
    Form public-private businesses for the provision of utilities (most of which would include telco, video, data, cell, and run them as non-profits.).
    End the immigration problem that seeks to keep wages low, at the expense of social destruction (bowling alone). And restore requirement for full integration before admission.

    And I can continue this list for pages and pages.

    In other words, we make the economy better by ending bads that indirectly produce goods, rather than try to produce goods that always and everywhere produce bads by externality.

    Original post: https://x.com/i/web/status/1679488171317293056