Theme: Incentives

  • So do we keep using the military for basic and technological research or do what

    So do we keep using the military for basic and technological research or do what world does, which is use state(debt) to finance longer term returns, and continue to turn the returns to the private sector or capture some of those returns to pay down the debt directly?


    Source date (UTC): 2019-12-17 16:58:54 UTC

    Original post: https://twitter.com/i/web/status/1206982110436843520

    Reply addressees: @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206981769699958785


    IN REPLY TO:

    Unknown author

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump So the prevailing argument at present, is that we have stopped using the military as a sufficient means of indirect investment in R&D, and because of unions, saw capital and skill flight (like the russians/ukrainians did after 92).

    Original post: https://x.com/i/web/status/1206981769699958785


    IN REPLY TO:

    @curtdoolittle

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump So the prevailing argument at present, is that we have stopped using the military as a sufficient means of indirect investment in R&D, and because of unions, saw capital and skill flight (like the russians/ukrainians did after 92).

    Original post: https://x.com/i/web/status/1206981769699958785

  • So the prevailing argument at present, is that we have stopped using the militar

    So the prevailing argument at present, is that we have stopped using the military as a sufficient means of indirect investment in R&D, and because of unions, saw capital and skill flight (like the russians/ukrainians did after 92).


    Source date (UTC): 2019-12-17 16:57:33 UTC

    Original post: https://twitter.com/i/web/status/1206981769699958785

    Reply addressees: @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206981251653128202


    IN REPLY TO:

    Unknown author

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump State financing of core industries has always been a competitive advantage and the USA has ‘hidden it’ by using the military as means of R&D, that the private sector privatizes and converts to a market good. Other countries keep the returns on those investments. We don’t.

    Original post: https://x.com/i/web/status/1206981251653128202


    IN REPLY TO:

    @curtdoolittle

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump State financing of core industries has always been a competitive advantage and the USA has ‘hidden it’ by using the military as means of R&D, that the private sector privatizes and converts to a market good. Other countries keep the returns on those investments. We don’t.

    Original post: https://x.com/i/web/status/1206981251653128202

  • Where the Russians used price control on labor. But central investment and plann

    Where the Russians used price control on labor. But central investment and planning of transformation is optimum velocity if catching up. Private capital is superior for returns on capital and limiting corruption. Russians created black markets in everything. Chinese haven’t.


    Source date (UTC): 2019-12-17 16:54:17 UTC

    Original post: https://twitter.com/i/web/status/1206980950971895809

    Reply addressees: @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206980145472581633


    IN REPLY TO:

    Unknown author

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump I think you need to read something that isn’t propaganda. They converted a very primitive backward people (1/3 of which still live in villages today using outhouses) into urbanization and industrialization.The chinese haven’t failed using the same strategy, because they use debt.

    Original post: https://x.com/i/web/status/1206980145472581633


    IN REPLY TO:

    @curtdoolittle

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump I think you need to read something that isn’t propaganda. They converted a very primitive backward people (1/3 of which still live in villages today using outhouses) into urbanization and industrialization.The chinese haven’t failed using the same strategy, because they use debt.

    Original post: https://x.com/i/web/status/1206980145472581633

  • Compared to what? it is better than all others in europe except for germany(expo

    Compared to what? it is better than all others in europe except for germany(exports) and uk(finance). 10% unemployment is not a ‘problem’ like 20-25% is. It’s just a choice. French people are as proud of their quality of life as UK are of their healthcare system.


    Source date (UTC): 2019-12-17 16:47:18 UTC

    Original post: https://twitter.com/i/web/status/1206979189854916608

    Reply addressees: @dallas101346 @ChristaylorBrwn @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206977832863326208


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    Original post on X

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    Original post: https://twitter.com/i/web/status/1206977832863326208

  • The reasons for the failure of the soviet union are as long as the failure of th

    The reasons for the failure of the soviet union are as long as the failure of the roman empire. The primary reasons are (a) effectively a universal minimum/maximum wage, (b) incentives because of it (c) corruption because of it, (d) centralization rather than transformation b/c.


    Source date (UTC): 2019-12-17 16:44:38 UTC

    Original post: https://twitter.com/i/web/status/1206978522499162114

    Reply addressees: @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206977614289784833


    IN REPLY TO:

    Unknown author

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump That’s a different question, and you’re leaping to a conclusion. How Autarkic is france? Why?

    Original post: https://x.com/i/web/status/1206977614289784833


    IN REPLY TO:

    @curtdoolittle

    @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump That’s a different question, and you’re leaping to a conclusion. How Autarkic is france? Why?

    Original post: https://x.com/i/web/status/1206977614289784833

  • Sorry boss. I know my econ. I know my law. And I know the data. Driving up price

    Sorry boss. I know my econ. I know my law. And I know the data. Driving up prices is a good thing. Generating demand for long term capital investment is a good thing. Generating demand for automation is a good thing.


    Source date (UTC): 2019-12-17 16:26:56 UTC

    Original post: https://twitter.com/i/web/status/1206974067296919552

    Reply addressees: @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206970616471011329


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    Original post: https://twitter.com/i/web/status/1206970616471011329

  • I never err. Ever. Our economy is rather easy to reorganize other than recent un

    I never err. Ever. Our economy is rather easy to reorganize other than recent underclass immigrants. The USA is almost completely independent of the rest of the world. In fact there is nothing we export that doesn’t create inequality by externality. Nothing.


    Source date (UTC): 2019-12-17 16:16:09 UTC

    Original post: https://twitter.com/i/web/status/1206971353494102018

    Reply addressees: @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206970616471011329


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    Original post: https://twitter.com/i/web/status/1206970616471011329

  • We could take the country entirely autarkic, pay a two to three year cost for it

    We could take the country entirely autarkic, pay a two to three year cost for it, and emerge with a century-long benefit from it.And that is the problem with democracy and monetary inflation that causes short term investment in what is largely rents rather than long term returns.


    Source date (UTC): 2019-12-17 16:08:49 UTC

    Original post: https://twitter.com/i/web/status/1206969505148276736

    Reply addressees: @dallas101346 @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206967508193951746


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    Original post on X

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    Original post: https://twitter.com/i/web/status/1206967508193951746

  • Let’s just keep in mind that our trade deficit is tiny. We’re practically autark

    Let’s just keep in mind that our trade deficit is tiny. We’re practically autark

    Let’s just keep in mind that our trade deficit is tiny.
    We’re practically autarkic, and we could be with ease.
    If we repatriated autos and electronics (which we should for every single reason imaginable) we wouldn’t have a trade deficit worth talking about) https://t.co/7KmQ6xqqop


    Source date (UTC): 2019-12-17 15:55:31 UTC

    Original post: https://twitter.com/i/web/status/1206966158085242886

    Reply addressees: @PeterSchiff @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1206962635939303425


    IN REPLY TO:

    @PeterSchiff

    @realDonaldTrump The dollar will weaken soon, but exports will not zoom. The biggest effect will be to increase the cost of our imports, leading to even higher trade deficits. There is plenty of inflation now, but it’s about to get much worse. We can’t make America great again by printing money!

    Original post: https://twitter.com/i/web/status/1206962635939303425

  • Krugman’s Technique of Deceit

    —“Declaring victory amidst headlong retreat.” Krugman misrepresents (as usual) Trump’s strategy.—

    CORRECTION: In order to maintain the economy through the election Trump is mirroring the tactic of the Chinese whose group strategy is Sun Tsu’s: “Delay and Deceive while Accumulating Strength until the Enemy Cannot Win.” Paul’s is to Undermine from Within by Cherry picking. Cherry picking is the means of Straw Manning by econ pseudoscience (innumeracy). And is using the Female strategy of Undermining by False Promise, Baiting into Hazard, by Pilpul, Critique, by moral pretense, under cover of Plausible Deniability of Intent to Harm. Once you understand how Abrahamic Religions (Judaism, Christianity, and Islam) in the old world and Abrahamic Pseudoscience in the new world (Marx,Freud, Boas, Cantor, Adorno,Derrida), were applications of the same technique of deceit, you can’t unsee how the ‘big lies’ are made. Paul uses the second generation Abrahamic Technique of Pseudoscience by false promise of freedom science, by (a) not accounting for changes in human social institutional capital, (b) not using middle eastern economies instead of western or sinic. Plausible deniability hiding fraud. TRUTH: West and east defeated middle and africa for a simple reason: agrarian eugenics, to constantly increase the quality of human, then social, then institutional capital. That’s the dirty secret of history. We cannot claim the good of democracy AND eugenics simultaneously. And that is the secret of abrahamic organized religion: anti-truth, anti-science, anti-market, anti-merit, anti-eugenics. And that is why everything judaism, and islam touch is destroyed from within. Judaism to undermine, christianity to weaken, islam to consume from within. Abrahamic false promise cost us 100M lives in the last century, and abrahamic false promise cost europe a dark age, and abrahamic false promise under islam cost 1B lives, and five great civilizations of the ancient world reduced to ignorance, dysgenia, and poverty. No more economic pseudoscience. No more false promise of life after death, or freedom from physical and natural laws, including the continuous need to defeat the red queen, by the continuous production of agency in mankind, by continuous limitation of reproduction of the bottom. No More Lies.