Curt Doolittle

Theme: Incentives

  • “the power of “good speech” to overcome “bad speech”.”— This is empirically fa

    –“the power of “good speech” to overcome “bad speech”.”—
    This is empirically false in all information markets: attention is garnered by bads, we practice shaming for status, we practice altruistic punishment for moral violations, and it is cheaper to lie than to correct a lie.

    Source date (UTC): 2018-11-04 12:33:52 UTC

    Original post: https://twitter.com/i/web/status/1059061165114966016

    Reply addressees: @JeffreyASachs

    Replying to: https://twitter.com/i/web/status/1058413773789249536

    IN REPLY TO:

    @JeffreyASachs

    And if that’s an accurate description of psych, why are psychologists so optimistic about the potential for democratic discourse and deliberation? One would expect them to be the least confident in the power of “good speech” to overcome “bad speech”.

    Original post: https://twitter.com/i/web/status/1058413773789249536

  • RT @DegenRolf: Subjects don’t delight in being “richer” than others, but have a

    RT @DegenRolf: Subjects don’t delight in being “richer” than others, but have a distaste for being “poorer”, with conservatives having a gr…

    Source date (UTC): 2018-11-04 12:26:12 UTC

    Original post: https://twitter.com/i/web/status/1059059234174877696

  • Defending Hayek

    [T]here is so much “shyte” written about Hayek that it’s impossible to defend him against the cabbages of sophism. Look, Hayek in the sensory order, in the Knowledge Problem, in the Pricing System’s solution to the Knowledge Problem, can only be understood as he finally understood it, as a question of the Law, and the LAW as the institutional means of preserving the exceptionalism of western civilization. We do not submit to the market, we submit to the law, and we do so because it is, as in all cases, the means by which we provide no incentive to others to fail to submit to the law. The fact that we finally had power of the purse sufficient to interfere in the economy merely required hayek to expand it. Fortunately for me, and unfortunately for hayek, I was born after Turing (and chomsky) and Hayek before. So Hayek’s work can be completed in a method he could sense in the Sensory Order but not develop into the Science of Law he finally understood was the NEGATIVE means by which we produce positive ends. Popper got partway there. Hayek got partway there. Turing got partway there. Chomsky took turing and added a little bit more. But it was too late to prevent the 20th century’s consumption of the accumulated capital of western civilization.

  • You can learn how to ‘operate humans’ in one year.

    (FB Timestamp) [Y]ou can learn the three fundamental models of project management, basic accounting, basic contract law, and micro economics (incentives), in a single course in about a year, and be good at all of those in two. If you can write a contract, run a project, manage the finances, and understand incentives of everyone involved you know the plumbing of the entire world system. Everything else is the craft you employ under that model, and your dress, manners, diction, vocabulary, hygiene, and how much of an ass you are (or not). It’s not difficult to be competent.

  • You can learn how to ‘operate humans’ in one year.

    (FB Timestamp) [Y]ou can learn the three fundamental models of project management, basic accounting, basic contract law, and micro economics (incentives), in a single course in about a year, and be good at all of those in two. If you can write a contract, run a project, manage the finances, and understand incentives of everyone involved you know the plumbing of the entire world system. Everything else is the craft you employ under that model, and your dress, manners, diction, vocabulary, hygiene, and how much of an ass you are (or not). It’s not difficult to be competent.

  • You can learn the three fundamental models of project management, basic accounti

    You can learn the three fundamental models of project management, basic accounting, basic contract law, and micro economics (incentives), in a single course in about a year, and be good at all of those in two. If you can write a contract, run a project, manage the finances, and understand incentives of everyone involved you know the plumbing of the entire world system. Everything else is the craft you employ under that model, and your dress, manners, diction, vocabulary, hygiene, and how much of an ass you are (or not). It’s not difficult to be competent.

    Source date (UTC): 2018-11-01 17:58:00 UTC

  • Aristocratic (propertarian) Markets

    October 30th, 2018 3:33 PM ARISTOCRATIC (PROPERTARIAN) MARKETS 5 – Established Males (industry/politics): Curt’s View 4 – Lightly Established Males (family/smb): Bill’s View 3 – Warrior Males (individuals/craftsmen): Eli Harman’s View. 2 – Occultists (outcasts/literary) … so far we don’t market there. Someone undoubtably will…. 1 – Traditionalists … (Religion/Tradition) … interested largely in the outputs not the history. (from bill and I discussing what’s going on … )

  • The Market for Halloween Celebration

    October 30th, 2018 7:22 PM [H]alloween Celebration: Driven by (a) children per household, (b) relative wealth (c) the dominance of the workplace as means of trick-or-treating, because (d) the dissolution of the stable, territorial, intergenerational family, because of the growth of cities – and (e) as Haidt’s recent book suggests: the ‘infantilization’ of the generation, and it’s ‘paranoia’ due to the inverse relation between crime and criminal trends. Where I am in a rural area of the USA at the moment, its as insane as christmas decorations in suburbia. Don’t underestimate the impact of the current political stress over white-replacement on civic participation. It’s huge.

  • Aristocratic (propertarian) Markets

    October 30th, 2018 3:33 PM ARISTOCRATIC (PROPERTARIAN) MARKETS 5 – Established Males (industry/politics): Curt’s View 4 – Lightly Established Males (family/smb): Bill’s View 3 – Warrior Males (individuals/craftsmen): Eli Harman’s View. 2 – Occultists (outcasts/literary) … so far we don’t market there. Someone undoubtably will…. 1 – Traditionalists … (Religion/Tradition) … interested largely in the outputs not the history. (from bill and I discussing what’s going on … )

  • The Market for Halloween Celebration

    October 30th, 2018 7:22 PM [H]alloween Celebration: Driven by (a) children per household, (b) relative wealth (c) the dominance of the workplace as means of trick-or-treating, because (d) the dissolution of the stable, territorial, intergenerational family, because of the growth of cities – and (e) as Haidt’s recent book suggests: the ‘infantilization’ of the generation, and it’s ‘paranoia’ due to the inverse relation between crime and criminal trends. Where I am in a rural area of the USA at the moment, its as insane as christmas decorations in suburbia. Don’t underestimate the impact of the current political stress over white-replacement on civic participation. It’s huge.