Theme: Incentives

  • State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals

    State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals https://t.co/wZ0Sb47dGn

  • State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals

    —“What we like or want may not be good for us.” –Curt Doolittle

    Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum. So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution. The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.

  • State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals

    —“What we like or want may not be good for us.” –Curt Doolittle

    Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum. So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution. The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.

  • You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Ga

    You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Gains and To Prevent Losses. https://propertarianism.com/2020/06/01/you-miss-the-point-anti-materialism-is-a-sophism-to-cover-for-lying-we-seek-gains-and-to-prevent-losses/


    Source date (UTC): 2020-06-01 00:47:14 UTC

    Original post: https://twitter.com/i/web/status/1267256355993333761

  • You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Ga

    You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Gains and To Prevent Losses. https://t.co/sHNNMWB3W2

  • You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Gains and To Prevent Losses.

    —“But I think you miss the mark somewhat here because heroism is fundamentally not about the material or Darwinian advantages.”—

    Heroism is a means of paying status and opportunity rather than material rewards, in exchange for directing dominance display to the production of commons. those commons may be physical, may be opportunities, may be, normative, may be informational or anything in between. So your mistake is failing to grasp that the use of ‘materialism’ as a criticism is an attempt to lie. instead, we seek gains whether material, opportunistic, or informational, and to prevent losses of the same. Because in all things we are simply an extension of the physical laws of the universe, with nothing other than the use of memory to choose optimum opportunities, rather than fae the limits of the physical world in seizing the first opportunity. it is by this vast accumulation of differences using different forms of memory that we capture and resist entropy while the reset of the universe decays. If I can get this thru: if you cannot convert an emotion to its underlying economic terms, then you are still talking superstition. It’s pseudoscientific superstition. But it’s superstition. In this example you are still thinking feelings have value, instead of that we evolved to experience positive and negative feelings for having increasing or decreasing assets, in physical (premium), opportunistic(discount), or informational (discount) form.

  • You Miss the Point. Anti-Materialism Is a Sophism to Cover for Lying. We Seek Gains and To Prevent Losses.

    —“But I think you miss the mark somewhat here because heroism is fundamentally not about the material or Darwinian advantages.”—

    Heroism is a means of paying status and opportunity rather than material rewards, in exchange for directing dominance display to the production of commons. those commons may be physical, may be opportunities, may be, normative, may be informational or anything in between. So your mistake is failing to grasp that the use of ‘materialism’ as a criticism is an attempt to lie. instead, we seek gains whether material, opportunistic, or informational, and to prevent losses of the same. Because in all things we are simply an extension of the physical laws of the universe, with nothing other than the use of memory to choose optimum opportunities, rather than fae the limits of the physical world in seizing the first opportunity. it is by this vast accumulation of differences using different forms of memory that we capture and resist entropy while the reset of the universe decays. If I can get this thru: if you cannot convert an emotion to its underlying economic terms, then you are still talking superstition. It’s pseudoscientific superstition. But it’s superstition. In this example you are still thinking feelings have value, instead of that we evolved to experience positive and negative feelings for having increasing or decreasing assets, in physical (premium), opportunistic(discount), or informational (discount) form.

  • Like I Said … Declining Marriage Incentives and Male Withdrawal from The Labor F

    Like I Said … Declining Marriage Incentives and Male Withdrawal from The Labor Force https://propertarianism.com/2020/06/01/like-i-said-declining-marriage-incentives-and-male-withdrawal-from-the-labor-force/


    Source date (UTC): 2020-06-01 00:43:59 UTC

    Original post: https://twitter.com/i/web/status/1267255540226424832

  • Like I Said … Declining Marriage Incentives and Male Withdrawal from The Labor F

    Like I Said … Declining Marriage Incentives and Male Withdrawal from The Labor Force https://t.co/pMgNTsR1rT

  • Like I Said … Declining Marriage Incentives and Male Withdrawal from The Labor Force

    Oct 31, 2019, 9:21 PM e9b0558e-7a7d-4b8e-a3c1-ed599eb209e5.filesusr.com

    —“Why have so many young men withdrawn from the U.S. labor force since 1965? This paper presents a model in which men invest time in employment to enhance their value as marriage partners. When the marriage market return on this investment declines, young men’s employment declines as well, in preparation for a less favorable marriage market. Taking this prediction to data, I show that fewer young men sought employment after TWO interventions that reduced the value of gender-role-specialization within marriage: i) the adoption of unilateral divorce legislation, and ii) demand-driven improvements in women’s employment opportunities. I then show, using a structural estimation, that half of the employment effect of a labor market shock to men’s wages is determined by endogenous adjustment of the marriage market to the shock. These findings establish the changing marriage market as an important driver of decline in young men’s labor market involvement.”—

    That is from the job market paper of Ariel J. Binder, job market candidate from the University of Michigan.