Theme: Incentives

  • Thirdly, income taxes encourage startups and entrepreneurs, while VAT taxes favo

    Thirdly, income taxes encourage startups and entrepreneurs, while VAT taxes favor conglomerates who already have access to markets. This is one of the reasons for lower employment in VAT countries.


    Source date (UTC): 2019-04-07 14:08:57 UTC

    Original post: https://twitter.com/i/web/status/1114892824623878144

    Reply addressees: @TimberKerns @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1114650710941913088


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    Original post: https://twitter.com/i/web/status/1114650710941913088

  • secondly, income tax creates high payers whose tax flight possibility limits tax

    secondly, income tax creates high payers whose tax flight possibility limits taxation, and creates a powerful competitor to the state, where VAT just punishes consumption everywhere. Worst tax possible.


    Source date (UTC): 2019-04-07 02:26:17 UTC

    Original post: https://twitter.com/i/web/status/1114715989726433282

    Reply addressees: @TimberKerns @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1114650710941913088


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    Original post: https://twitter.com/i/web/status/1114650710941913088

  • Income tax has minimum impact on the pricing system and least black/grey mkts, b

    Income tax has minimum impact on the pricing system and least black/grey mkts, but requires a high trust polity. VAT screws the pricing system, and expensive to admin, but works for low trust polities by frequent government interference, creates blk/grey mkts.


    Source date (UTC): 2019-04-07 02:22:23 UTC

    Original post: https://twitter.com/i/web/status/1114715012109619202

    Reply addressees: @TimberKerns @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1114650710941913088


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    Original post: https://twitter.com/i/web/status/1114650710941913088

  • Truth creates discounts on risk. Discounts on risk produce discounts on scale an

    Truth creates discounts on risk.
    Discounts on risk produce discounts on scale and velocity
    Discounts on scale and velocity produce discounts on price.
    Discounts on price increase the opportunity for increase in scope.
    Increase in scope… etc.


    Source date (UTC): 2019-04-04 21:23:19 UTC

    Original post: https://twitter.com/i/web/status/1113914972436697088

  • Sorry guys but while my program will work and work famously,m and set the standa

    Sorry guys but while my program will work and work famously,m and set the standard for all future economies to follow, UBI will create a permanent underclass and a permanent working class that will grow increasingly angry, with supporting them because they will not be ‘kin’.


    Source date (UTC): 2019-04-03 20:55:59 UTC

    Original post: https://twitter.com/i/web/status/1113545705459671040

  • WHY THE MIDDLE MUST RULE

    (FB 1541782649 Timestamp) WHY THE MIDDLE MUST RULE by John Mark The Middle is only population segment with natural incentives to succeed honestly. The top likes to steal (corruption) cuz they can (they have the power to do so unless the middle punishes them for it). The bottom wants/tries to steal because they are too low-IQ to succeed much honestly. The middle is capable enough to succeed honestly but not powerful enough to have the opportunity to gain much by stealing/corruption. Thus the middle must rule, and restrain the bottom and top. Actually the law (natural law of reciprocity, Curt’s work and new constitution) must rule, but it will be primarily enforced by the middle whose incentives line up most with natural law.

  • WHY THE MIDDLE MUST RULE

    (FB 1541782649 Timestamp) WHY THE MIDDLE MUST RULE by John Mark The Middle is only population segment with natural incentives to succeed honestly. The top likes to steal (corruption) cuz they can (they have the power to do so unless the middle punishes them for it). The bottom wants/tries to steal because they are too low-IQ to succeed much honestly. The middle is capable enough to succeed honestly but not powerful enough to have the opportunity to gain much by stealing/corruption. Thus the middle must rule, and restrain the bottom and top. Actually the law (natural law of reciprocity, Curt’s work and new constitution) must rule, but it will be primarily enforced by the middle whose incentives line up most with natural law.

  • So, when I want to buy a company…

    (FB 1541855892 Timestamp) So, when I want to buy a company, I raid it’s second tier staff first. Then have the purchasing, marketing, and sales people spread rumors of trouble. Gossip spreads like mad. There are always people that are looking for the next step up. Give it to them. Use the intel. Raid. Establish Relations. Buy the Company. You would think it wouldn’t work, but it depends on how you handle it. The principle problem organizations face is that very few people in any organization provide the talent that maintains competitive positioning. Talented people want to work for smart people who they can learn from, and achieve more by working for or with. If you catch those people, then the people who worked for and with them follow. Then the customers follow, then the company can be acquired at a discount. I have done this so many times that I can’t remember. I have built my companies largely through organic growth not acquisition, but I have built the staff largely through key recruiting and acquisition – because talent follows talent.

  • So, when I want to buy a company…

    (FB 1541855892 Timestamp) So, when I want to buy a company, I raid it’s second tier staff first. Then have the purchasing, marketing, and sales people spread rumors of trouble. Gossip spreads like mad. There are always people that are looking for the next step up. Give it to them. Use the intel. Raid. Establish Relations. Buy the Company. You would think it wouldn’t work, but it depends on how you handle it. The principle problem organizations face is that very few people in any organization provide the talent that maintains competitive positioning. Talented people want to work for smart people who they can learn from, and achieve more by working for or with. If you catch those people, then the people who worked for and with them follow. Then the customers follow, then the company can be acquired at a discount. I have done this so many times that I can’t remember. I have built my companies largely through organic growth not acquisition, but I have built the staff largely through key recruiting and acquisition – because talent follows talent.

  • Curt Doolittle updated his status.

    (FB 1541902975 Timestamp) BUILDING LEADERSHIP You cannot know in advance what human capital investments will hatch leaders. The method I use to build organizations is the same: make a lot of bets, and make few judgments, other than to support evidence successes no matter how small and abandon failures that cannot be saved.