Theme: Incentives

  • Curt Doolittle updated his status.

    (FB 1545484362 Timestamp) James is one of those guys you get into a negotiation with, and you just stop and say ‘damn you are good’. And you appreciate your opponent’s use of the art form. This is not uncommon between competitors. It actually makes the competition enjoyable – unless you’re the victim of that competitor because you can’t play the game at that level.

  • Curt Doolittle updated his status.

    (FB 1545484362 Timestamp) James is one of those guys you get into a negotiation with, and you just stop and say ‘damn you are good’. And you appreciate your opponent’s use of the art form. This is not uncommon between competitors. It actually makes the competition enjoyable – unless you’re the victim of that competitor because you can’t play the game at that level.

  • Curt Doolittle updated his status.

    (FB 1546093032 Timestamp) Never try to teach a pig to sing. It wastes your time and annoys the pig….. (Robert Heinlein) … But with unlimited government funding, and the incentive to provide ‘a desirable education’, it is an endless job opportunity. (Igor Rogov) Marxism Postmodernism Feminism vs Science, Economics, Law, History, and Sovereignty in a nutshell.

  • Curt Doolittle updated his status.

    (FB 1546093032 Timestamp) Never try to teach a pig to sing. It wastes your time and annoys the pig….. (Robert Heinlein) … But with unlimited government funding, and the incentive to provide ‘a desirable education’, it is an endless job opportunity. (Igor Rogov) Marxism Postmodernism Feminism vs Science, Economics, Law, History, and Sovereignty in a nutshell.

  • Curt Doolittle updated his status.

    (FB 1546102380 Timestamp) One bit of frequent advice is that if we grow to quickly the idiot factor will be impossible to control. I agree with this proposition, but it can be offset by changing what we talk about as we expand: early entrants are activists that need technical content. Ordinary people simply want to know what such a constitution would look like, how it would work, how governments would work, and how they would benefit from it. They do not need to understand the strict construction of law from first principles in algorithmic and operational language, or that we can test the truth of propositions by subjecting them to tests of due diligence in the dimensions available to human minds. They only need to know that some people can, and that if we do so, its as rigorous as mathematics. Ordinary people just need FEATURES AND BENEFITS. They do not need to understand the detailed process of engineering of those features and benefits.

  • Curt Doolittle updated his status.

    (FB 1546552447 Timestamp) TOLD YA’ SO. —“In only three months, Apple has lost $452 billion in market capitalization, including tens of billions on Thursday as the tech giant’s stock sank further. Apple shares have fallen by 39.1 percent since Oct. 3, when the stock hit a 52-week high of $233.47 a share. With its market cap down to about $674 billion, those losses are larger than individual value of 496 members of the S&P 500 — including Facebook and J.P. Morgan.”— Apple is just pulling a microsoft and the sooner this clown goes the better. If I am right they will have to redirect to compete with msft sometime in the next three to five years.

  • Curt Doolittle updated his status.

    (FB 1546651141 Timestamp) UPDATE ON SHRUNKEN HEAD MARKET VALUE In 1919 shrunken heads were worth around $4.00, the equivalent of $57.33. Then in the 1930’s victim heads were made to order for around $25.00, which is around $275.02 in today’s economy. By 1952 a head was advertised in The Times for $250, which would be $2,231.36 now. Shrunken heads are a light, high value, commodity money substitute. 😉

  • Curt Doolittle shared a link.

    (FB 1546649822 Timestamp) IF YOU WANNA ALSO UNDERSTAND PROFITING FROM NEW GENERATION WARFARE…. Peter T. Leeson’s The Invisible Hook: The Hidden Economics of Pirates (Princeton University Press: 2009). https://www.amazon.com/dp/B003SNJESU/

  • (FB 1546649481 Timestamp) THE ECONOMICS OF HEADS. OK. Let’s pretend this is a se

    (FB 1546649481 Timestamp) THE ECONOMICS OF HEADS. OK. Let’s pretend this is a serious question rather than “Maybe I can get Doolittle to laugh.” Heads are heavy and expensive. (About ten pounds). Scalps are light and expensive, but easy to fake. Shrunken heads are costly to produce. Skull pyramids are costly to produce. Therefore shrunken heads make an exceptional substitute for a ‘gold standard’. So, buy-in for the franchise, (the number of shares you acquire) can best be paid in shrunken heads. The skull pyramids are just status symbols that demonstrate one’s contribution to the common good. QUIZ For an extra ten points please explain how Inflation can be affected by shrunken-head backed currency, and how inflation can be limited. Thanks. (lolz)

  • Curt Doolittle updated his status.

    (FB 1546651141 Timestamp) UPDATE ON SHRUNKEN HEAD MARKET VALUE In 1919 shrunken heads were worth around $4.00, the equivalent of $57.33. Then in the 1930’s victim heads were made to order for around $25.00, which is around $275.02 in today’s economy. By 1952 a head was advertised in The Times for $250, which would be $2,231.36 now. Shrunken heads are a light, high value, commodity money substitute. 😉