Curt Doolittle

Theme: Incentives

  • Power is a market with a currency consisting of the power to influence the prior

    … Power is a market with a currency consisting of the power to influence the priorities of others with power. WHen one has money and influence the problem is setting the priorities of others in power with a trade for which money alone is insufficient. Favors Matter.

    Source date (UTC): 2019-09-26 19:37:11 UTC

    Original post: https://twitter.com/i/web/status/1177306140264292354

    Reply addressees: @NoSorcerer

    Replying to: https://twitter.com/i/web/status/1177305860370026502

    IN REPLY TO:

    Unknown author

    @NoSorcerer … of wealth is influence. On must buy it somehow, and money is not as helpful once you have it, as influence necessary to change the priorities of others who likewise have money and influence. …

    Original post: https://x.com/i/web/status/1177305860370026502

    IN REPLY TO:

    @curtdoolittle

    @NoSorcerer … of wealth is influence. On must buy it somehow, and money is not as helpful once you have it, as influence necessary to change the priorities of others who likewise have money and influence. …

    Original post: https://x.com/i/web/status/1177305860370026502

  • of wealth is influence. On must buy it somehow, and money is not as helpful once

    … of wealth is influence. On must buy it somehow, and money is not as helpful once you have it, as influence necessary to change the priorities of others who likewise have money and influence. …

    Source date (UTC): 2019-09-26 19:36:05 UTC

    Original post: https://twitter.com/i/web/status/1177305860370026502

    Reply addressees: @NoSorcerer

    Replying to: https://twitter.com/i/web/status/1177305427220082688

    IN REPLY TO:

    Unknown author

    @NoSorcerer …. achievement just like women fail to understand politics. You attribute your emotions values and influence to men who do not share them, as they are of no value. Wealth gives independence from the negative, and different opportunities to the positive, but the limit ….

    Original post: https://x.com/i/web/status/1177305427220082688

    IN REPLY TO:

    @curtdoolittle

    @NoSorcerer …. achievement just like women fail to understand politics. You attribute your emotions values and influence to men who do not share them, as they are of no value. Wealth gives independence from the negative, and different opportunities to the positive, but the limit ….

    Original post: https://x.com/i/web/status/1177305427220082688

  • 1. You have never had responsibility in corridors of power, where we do not make

    1. You have never had responsibility in corridors of power, where we do not make character judgements of others who are in power, we simply trade favors in order to accomplish our goals. So you are making the mistake that you understand the behavior of men of agency and ….

    Source date (UTC): 2019-09-26 19:33:00 UTC

    Original post: https://twitter.com/i/web/status/1177305086088888326

    Reply addressees: @NoSorcerer

    Replying to: https://twitter.com/i/web/status/1177304552271491072

    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1177304552271491072

  • 1. Ordinary people cannot comprehend the incentives or minds of men of achieveme

    1. Ordinary people cannot comprehend the incentives or minds of men of achievement. The difference is unimaginable. A life lacking agency, and a life made from it produce very different understandings of the world, and possibilities within it.

    Source date (UTC): 2019-09-26 19:25:05 UTC

    Original post: https://twitter.com/i/web/status/1177303093740023808

  • MORE ON UNDERSTANDING POWER AND WEALTH by Michael Churchill “Eventually, the Mar

    MORE ON UNDERSTANDING POWER AND WEALTH

    by Michael Churchill

    “Eventually, the Marginal Utility of Money Falls to Zero”

    Eventually the marginal utility of money falls to zero. (Actually that happens pretty fast.) Then what is the game? What is the point? It has to be about moulding (molding?) the future to your wishes — creating a world that looks the way you want it for your descendants.

    It’s a negotiation between rulers — each with his own fiefdom, none of whom NEEDS anything. It becomes Hegelian: People crave, more than anything, the respect of their peers. Respect cannot be bought from people who are already loaded. One has to earn it. Your ideas … your vision … have to square with their vision. You must have a mutually agreed upon view of the world and want to work together to make it happen.

    Once you get rich the challenge ceases to be about making money, it becomes figuring out how to shape the world. It’s a whole new set of challenges. Soros was actually pretty eloquent about this problem at one point, before he became who he ultimately became.

    (solid gold)

    Source date (UTC): 2019-09-26 16:58:00 UTC

  • UNDERSTANDING MEN OF POWER AND WEALTH 1. Ordinary people cannot comprehend the i

    UNDERSTANDING MEN OF POWER AND WEALTH

    1. Ordinary people cannot comprehend the incentives or minds of men of achievement. The difference is unimaginable. A life lacking agency, and a life made from it produce very different understandings of the world, and possibilities within it.

    2. Just assume you don’t understand.When you pretend that you understand the motives of men of achievement you simply demonstrate that you lack agency sufficient to understand them. To a successful entrepreneur working in hostile markets, Trump is tediously obvious and practical.

    3. You have never had responsibility in corridors of power, where we do not make character judgements of others who are in power, we simply trade favors in order to accomplish our goals. So you are making the mistake that you understand the behavior of men of agency and ….

    4. …. achievement just like many women fail to understand politics. You attribute your emotions values and influence to men who do not share them, as they are of no value to them. Wealth gives independence from the negative, and different opportunities to the positive, but the limit ….

    5. … of wealth is influence. On must buy it somehow, and money is not as helpful once you have it, as influence necessary to change the priorities of others who likewise have money and influence. …

    6 … Power is a market with a currency consisting of the power to influence the priorities of others with power. When one has money and influence the problem is setting the priorities of others in power with a trade for which money alone is insufficient. Favors Matter.

    Source date (UTC): 2019-09-26 15:39:00 UTC

  • Nope. If you want to burn personal time instead of working, please do but don’t

    Nope. If you want to burn personal time instead of working, please do but don’t ask employers to pay for your choice, or the loss of the work you should be providing. We can all think of excuses why we’re special. Sincerity isn’t testable, and isn’t meaningful.

    Source date (UTC): 2019-09-26 02:41:04 UTC

    Original post: https://twitter.com/i/web/status/1177050427000524800

    Reply addressees: @Communism_Kills

    Replying to: https://twitter.com/i/web/status/1177017790655586305

    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1177017790655586305

  • That’s just the evidence. In fact, over the next fifty years the increasing decl

    That’s just the evidence. In fact, over the next fifty years the increasing decline in the value of labor will require paying people to not interfere in the market they depend upon because all they are able to do is generate demand for consumption given the disutility of labor.

    Source date (UTC): 2019-09-25 23:22:32 UTC

    Original post: https://twitter.com/i/web/status/1177000460965863425

    Reply addressees: @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1177000212306583552

    IN REPLY TO:

    Unknown author

    @BobMurphyEcon To answer the original nonsense-argument, that people produce not markets, this is patently false. Rule of Law produces, markets, and markets produce risk takers and organizers, and less and less frequently labor. The value is created by the risk, the organization, and not labor.

    Original post: https://x.com/i/web/status/1177000212306583552

    IN REPLY TO:

    @curtdoolittle

    @BobMurphyEcon To answer the original nonsense-argument, that people produce not markets, this is patently false. Rule of Law produces, markets, and markets produce risk takers and organizers, and less and less frequently labor. The value is created by the risk, the organization, and not labor.

    Original post: https://x.com/i/web/status/1177000212306583552

  • To answer the original nonsense-argument, that people produce not markets, this

    To answer the original nonsense-argument, that people produce not markets, this is patently false. Rule of Law produces, markets, and markets produce risk takers and organizers, and less and less frequently labor. The value is created by the risk, the organization, and not labor.

    Source date (UTC): 2019-09-25 23:21:32 UTC

    Original post: https://twitter.com/i/web/status/1177000212306583552

    Reply addressees: @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1176999786496561153

    IN REPLY TO:

    Unknown author

    @BobMurphyEcon (Staying on message: rothbardian libertarianism is just Common Property Marxism – the low trust ethics of sheep herders and the ghetto. No more useful idiots. The only source of Sovereignty, Liberty, or Freedom is Rule of Law insured by every able bodied man bearing arms. Period.

    Original post: https://x.com/i/web/status/1176999786496561153

    IN REPLY TO:

    @curtdoolittle

    @BobMurphyEcon (Staying on message: rothbardian libertarianism is just Common Property Marxism – the low trust ethics of sheep herders and the ghetto. No more useful idiots. The only source of Sovereignty, Liberty, or Freedom is Rule of Law insured by every able bodied man bearing arms. Period.

    Original post: https://x.com/i/web/status/1176999786496561153

  • Socialists drive produce arbitrary rule disregarding not only the external but t

    Socialists drive produce arbitrary rule disregarding not only the external but the internal, and driving people into the market for corruption, rent seeking, and black markets. So the capitalism vs socialism debate distracts us from the west’s origin: Rule of Law by reciprocity.

    Source date (UTC): 2019-09-25 23:17:16 UTC

    Original post: https://twitter.com/i/web/status/1176999138925436928

    Reply addressees: @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1176998003133079553

    IN REPLY TO:

    Unknown author

    @BobMurphyEcon The capitalism vs socialism dichotomy is yet another bit of Pilpul to distract useful idiots. The question is and always will be Rule of Law vs Rule by Discretion. Rule of law produces markets limited by externality, where “capitalists” want free trade regardless of externality.

    Original post: https://x.com/i/web/status/1176998003133079553

    IN REPLY TO:

    @curtdoolittle

    @BobMurphyEcon The capitalism vs socialism dichotomy is yet another bit of Pilpul to distract useful idiots. The question is and always will be Rule of Law vs Rule by Discretion. Rule of law produces markets limited by externality, where “capitalists” want free trade regardless of externality.

    Original post: https://x.com/i/web/status/1176998003133079553