Mar 17, 2020, 4:53 PM There is nothing wrong with emergency helicopter money for the population. what you DON”T want is a worldwide recalculation (meaning rediscoverty) of the pricing structures of production. We don’t think in those terms, but THOSE ARE THE TERMS THAT MATTER. What we haven’t gotten past is the illusion that money is other than promise of time. We will need to nationalize consumer credit and liquidity in order to reverse the distribution of demand upward rather than downward through a banking system that no longer has any value – because money isn’t commodity money any longer. It’s entirely promises.
Theme: Incentives
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Understanding the Services Sector Problem
Mar 18, 2020, 11:11 AM There are no multipliers to services jobs – they are categorically consumptions. Services jobs are only possible because of productive jobs. In that sense services are part of the hyper-consumptive economy. They are a measure of your hyperconsumption. But something must make hyper-consumption possible: something with multipliers.
Multiplier: a phenomenon whereby a given change in a particular input, causes a larger change in an output. Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input (time). These terms are relative synonyms, and multiplier usually refers to government returns on investment, and productivity to commercial returns on investment. instead of government vs private sector, I tend to use these terms to emphasize why (multiplier) or how (productivity). Services: a term that refers to the production of intangibles. So goods (products) vs services (actions) vs information (knowledge). However some services are defensive (emergency services, health care), some are productive (financial services, legal services), and some are consumptive (waiter, waitress, entertainer, travel and leisure.)
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Understanding the Services Sector Problem
Mar 18, 2020, 11:11 AM There are no multipliers to services jobs – they are categorically consumptions. Services jobs are only possible because of productive jobs. In that sense services are part of the hyper-consumptive economy. They are a measure of your hyperconsumption. But something must make hyper-consumption possible: something with multipliers.
Multiplier: a phenomenon whereby a given change in a particular input, causes a larger change in an output. Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input (time). These terms are relative synonyms, and multiplier usually refers to government returns on investment, and productivity to commercial returns on investment. instead of government vs private sector, I tend to use these terms to emphasize why (multiplier) or how (productivity). Services: a term that refers to the production of intangibles. So goods (products) vs services (actions) vs information (knowledge). However some services are defensive (emergency services, health care), some are productive (financial services, legal services), and some are consumptive (waiter, waitress, entertainer, travel and leisure.)
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Piracy Is Going to Have a Few Decades of Luxurious Opportunity
Piracy Is Going to Have a Few Decades of Luxurious Opportunity. https://propertarianism.com/2020/05/28/piracy-is-going-to-have-a-few-decades-of-luxurious-opportunity/
Source date (UTC): 2020-05-28 21:25:16 UTC
Original post: https://twitter.com/i/web/status/1266118366969974785
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Use Stimulus by Rate of Response and Effect
Use Stimulus by Rate of Response and Effect https://propertarianism.com/2020/05/28/use-stimulus-by-rate-of-response-and-effect/
Source date (UTC): 2020-05-28 21:23:42 UTC
Original post: https://twitter.com/i/web/status/1266117969945468929
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Use Stimulus by Rate of Response and Effect
Mar 18, 2020, 9:04 PM There’s never been a worse time for fiscal stimulus – Econlib econlib.org
There’s never been a worse time for fiscal stimulus
STIMULUS BY RATE OF RESPONSE AND EFFECT MONETARY stimulus refers to lowering interest rates, quantitative easing, or other ways of increasing the amount of money or credit. DIRECT stimulus (my term) refers to direct distribution of cash to consumers who can then alter the structure of production with collective (‘state’,’environmental’) indirect debt rather than individual, family, business and industry debt. this is the ONLY method of preventing exaggerated worldwide demand, network, and price recalculation, in the face of ignorance. Giving consumers liquidity removes IGNORANCE (uncertainty) while the economy changes. It is ignorance, uncertainty, and recalculation by trial and error under duress that causes undesirable economic contractions rather than desirable economic adaptations. DEBT NATIONALIZATION (my term) refers to paying down consumer credit all mortgages and granting credit to those with paid or substantially paid mortgages. RESCUE INVESTMENT (my term) – Providing loans directly to business industry in response to shocks, so that they can survive or even motball during recessions. NATIONALIZATION refers to the state taking over the ownership of a STRATEGIC industry, providing necessary cash reserves and cash-flow while the necessary organization adapts to shocks (temporary) or change (permanent). However, investors must be zeroed during this time and may only buy back their interest for having failed to preserve enough liquidity to insure against shocks. In this case the state buys the company for nothing, and resells it. FISCAL stimulus refers to increasing government consumption or transfers or lowering taxes. Effectively this means increasing the rate of growth of public debt, except that particularly Keynesians often assume that the stimulus will cause sufficient economic growth to fill that gap partially or completely. See multiplier (economics). -
Use Stimulus by Rate of Response and Effect
Mar 18, 2020, 9:04 PM There’s never been a worse time for fiscal stimulus – Econlib econlib.org
There’s never been a worse time for fiscal stimulus
STIMULUS BY RATE OF RESPONSE AND EFFECT MONETARY stimulus refers to lowering interest rates, quantitative easing, or other ways of increasing the amount of money or credit. DIRECT stimulus (my term) refers to direct distribution of cash to consumers who can then alter the structure of production with collective (‘state’,’environmental’) indirect debt rather than individual, family, business and industry debt. this is the ONLY method of preventing exaggerated worldwide demand, network, and price recalculation, in the face of ignorance. Giving consumers liquidity removes IGNORANCE (uncertainty) while the economy changes. It is ignorance, uncertainty, and recalculation by trial and error under duress that causes undesirable economic contractions rather than desirable economic adaptations. DEBT NATIONALIZATION (my term) refers to paying down consumer credit all mortgages and granting credit to those with paid or substantially paid mortgages. RESCUE INVESTMENT (my term) – Providing loans directly to business industry in response to shocks, so that they can survive or even motball during recessions. NATIONALIZATION refers to the state taking over the ownership of a STRATEGIC industry, providing necessary cash reserves and cash-flow while the necessary organization adapts to shocks (temporary) or change (permanent). However, investors must be zeroed during this time and may only buy back their interest for having failed to preserve enough liquidity to insure against shocks. In this case the state buys the company for nothing, and resells it. FISCAL stimulus refers to increasing government consumption or transfers or lowering taxes. Effectively this means increasing the rate of growth of public debt, except that particularly Keynesians often assume that the stimulus will cause sufficient economic growth to fill that gap partially or completely. See multiplier (economics). -
Why Women Got the Vote
Mar 20, 2020, 11:24 AM Women got the vote because they were entering the workforce during the war; out of a feeling of moral gratitude for their having done so; and the government wanted to tax them, and the reason for the american revolution was ‘no taxation without representation’. In addition, they wanted to reduce the conflict postwar. women weren’t happy just ‘going home’ now that they could find work. Men wanted them to go home so that they could have their jobs bad. The politicians found women were more pliable (open to political manipulation) and so both parties cooperated on the integration of women. That’s the reason. There is nothing more complicated than that. War, labor shortage, women filled the shortage, tax revenues could be increased by women working at the cost of number of children. The only mistake was not giving women a separate house. This wasn’t such a big problem until the pill. The pill and jewish anti-male feminism were concerted efforts by the jewish socialists to undermine the family institution so that women could be used to undermine men. This is all well covered in the literature. Everyone knew what was going on. But it was regarded as a conspiracy theory. It was, but it was true.
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Everything libertarians wrote was in pursuit of unearned gains
Everything libertarians wrote was in pursuit of unearned gains https://propertarianism.com/2020/05/28/everything-libertarians-wrote-was-in-pursuit-of-unearned-gains/
Source date (UTC): 2020-05-28 19:06:14 UTC
Original post: https://twitter.com/i/web/status/1266083378991894528
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Everything libertarians wrote was in pursuit of unearned gains
Mar 23, 2020, 5:00 PM
Mises wrote logic of commodities. Learn Hayekian curves instead. Companies don’t need price signals to produce more. They need opportunity to sell more at currently imputed prices.
Everything libertarians wrote was in pursuit of unearned gains: parasitism by plausible deniability, as a means of avoiding productivity. Why? Well, if you follow me, then you know why.