Theme: Incentives

  • The Jevons Paradox is why you do NOT TRY TO SAVE ELECTRICITY. Why? It merely inc

    The Jevons Paradox is why you do NOT TRY TO SAVE ELECTRICITY.

    Why? It merely increases the consumption of electricity and demand for increased production of electricity.

    At your most optimum, you will simply transfer cleaner electrical production domestically to uncleaner electrical production overseas.

    ECONOMICS IS COUNTER-INTUITIVE.

    All human behavior is best understood as hydraulic. Something here is always offset by something there.


    Source date (UTC): 2019-01-30 00:23:00 UTC

  • “….as the energy efficiency of engines increases, markets [identify increased

    —“….as the energy efficiency of engines increases, markets [identify increased opportunities for their use, resulting in] increased overall energy use.”— Jevons Paradox

    longer version

    —-“Engines, both literally and figuratively, power the modern era. Engines matter because they convert otherwise useless forms of energy into useful work. And as the energy efficiency of engines increases, markets use more of them in more varied ways, which throughout history has resulted in increased overall energy use – a.k.a. the Jevons Paradox.”—


    Source date (UTC): 2019-01-30 00:20:00 UTC

  • BUT WHAT ABOUT NEPOTISM???? —“If you have the time can anyone explain to me ho

    BUT WHAT ABOUT NEPOTISM????

    —“If you have the time can anyone explain to me how you deal/curtail with nepotism in your hierarchy ? A link to read perhaps? Worthy men aren’t always from the same family e.g. the son is not always the father by far. I’m curious.”–David England

    What ended nepotism in european peoples?

    In what industries did nepotism persist until today?

    Why did those instances of nepotism persist and why did the other instances not persist?

    What could be done to end the kind of nepotism that survives?

    What kind of nepotism can (should) continue to survive? (why is nepotism always a bad thing, or why is it indicative of a bad thing since it is hard to make the case that nepotism is a universal bad?)

    The answer will be obvious once you work thru it.


    Source date (UTC): 2019-01-28 12:04:00 UTC

  • We need more Eli. There is no one better at the economics of behavior than Eli.

    We need more Eli. There is no one better at the economics of behavior than Eli. And no one less timid in it’s articulation.


    Source date (UTC): 2019-01-27 23:46:38 UTC

    Original post: https://twitter.com/i/web/status/1089671051490017280

  • We need more Eli Harman. There is no one better at the economics of behavior tha

    We need more Eli Harman. There is no one better at the economics of behavior than Eli. And no one less timid in it’s articulation.


    Source date (UTC): 2019-01-27 18:46:00 UTC

  • If JF wants us on, I”m sure we would do it. I’ve been on twice. Eli is a very pe

    If JF wants us on, I”m sure we would do it. I’ve been on twice. Eli is a very personable fellow and very accessible, and perhaps the best of us at the economics of cooperation (and non).


    Source date (UTC): 2019-01-24 11:20:09 UTC

    Original post: https://twitter.com/i/web/status/1088396030163542016

    Reply addressees: @TonyGuster @JFGariepy @MartianHoplite

    Replying to: https://twitter.com/i/web/status/996828987333619712


    IN REPLY TO:

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    Original post: https://twitter.com/i/web/status/996828987333619712

  • photos_and_videos/TimelinePhotos_SxeO6JU-xg/51042691_10156934925822264_585111030

    photos_and_videos/TimelinePhotos_SxeO6JU-xg/51042691_10156934925822264_585111030

    photos_and_videos/TimelinePhotos_SxeO6JU-xg/51042691_10156934925822264_5851110303269388288_n_10156934925807264.jpg (read and understand)Bill JoslinSkin in the game drives grifters as much as cooperators.. oddly enough, both increases IQJan 22, 2019, 9:26 PMJames SantagataAre we talking about Auntie Fragile?Jan 22, 2019, 9:59 PMJames SantagataThis is why I used the Surname Shortcut. My trademarked thin slicing, if Semitic, I know when tribal affinities are triggered, they will lie, always.Jan 22, 2019, 10:00 PMVengefül BobmoranTrying to understand…

    I have a hard time seeing a case where I don’t want the employee to have skin in the game.

    Could someone provide an example?Jan 22, 2019, 10:35 PMJames SantagataI have a long list of the major frauds in psychology – I keep as a quick weapon to launch against those in the field. Can anyone guess what patterns emerged? What groups or umbrella groups have / had the biggest liars with the most damage in psychology? From full on fake ass data to Dr. Mengle experiments?Jan 23, 2019, 12:17 AMMick SmiddyWest and South Asians lie like rugs…Jan 23, 2019, 12:46 AMMick SmiddyWell then you’d miss out on The Unz Review, and half of the more popular whistle-blowers/prominent “conspiracy theorists”…Jan 23, 2019, 12:49 AMMick SmiddyThough I totally, totally get what you’re saying.Jan 23, 2019, 12:50 AMChristopher MatthewPlease share (((list))).Jan 24, 2019, 9:38 AM(read and understand)


    Source date (UTC): 2019-01-22 21:18:00 UTC

  • “The Pope is part of those Argentinian intellectuals (catholic & socialist) who

    —“The Pope is part of those Argentinian intellectuals (catholic & socialist) who hate Capitalism and Markets and have turned their Country from rich to very poor. His project now is to do the same with Europe.”—Francesco Principi

    (The church can only be powerful under ignorance and poverty.)


    Source date (UTC): 2019-01-22 13:36:00 UTC

  • “TERNARY LOGIC OF COOPERATION” In propertarianism, we don’t start with morality.

    “TERNARY LOGIC OF COOPERATION”

    In propertarianism, we don’t start with morality. We start with needing an incentive not to engage in parasitism and predation which for the strong is the preferable state of affairs. The only incentive possible is reciprocity because of the long term gains of scale. Everyone else starts with the presumption that cooperation at any cost is a good. We start with the presumption that only reciprocity is a good. We are right and they are parasites.


    Source date (UTC): 2019-01-22 11:02:00 UTC

  • I don’t make mistakes in these matters. I answered the question repeatedly as to

    I don’t make mistakes in these matters. I answered the question repeatedly as to who and why and how it can be repaired. The primary problem is rent seeking which is always the problem of bureaucratic orders throughout history. You apparently don’t like the answer.


    Source date (UTC): 2019-01-21 17:28:01 UTC

    Original post: https://twitter.com/i/web/status/1087401441021620229

    Reply addressees: @OctaveFilms @vdare

    Replying to: https://twitter.com/i/web/status/1087400031370526727


    IN REPLY TO:

    @OctaveFilms

    @curtdoolittle @vdare Not answering the question.

    Original post: https://twitter.com/i/web/status/1087400031370526727