Theme: Incentives

  • (not being pushy. just habit of phrasing. sorry) I’m saying that every time we h

    (not being pushy. just habit of phrasing. sorry) I’m saying that every time we have tried to solve the problem with economic self interest in the absence of suppression of rents we fail.) Anyway. sorry to intrude. Someone looped me in, and I see common problem in your argument.


    Source date (UTC): 2018-10-29 21:46:34 UTC

    Original post: https://twitter.com/i/web/status/1057025927866138624

    Reply addressees: @GeolibGeorge @Septeus7 @Slysneak @Lord_Keynes2 @jappleby123 @Noahpinion @ProfSteveKeen

    Replying to: https://twitter.com/i/web/status/1057024943429484549


    IN REPLY TO:

    @GonzoGeorgism

    @curtdoolittle @Septeus7 @Slysneak @Lord_Keynes2 @jappleby123 @Noahpinion @ProfSteveKeen …. align with what is important to people?

    Original post: https://twitter.com/i/web/status/1057024943429484549

  • Well, i wont’ intrude on your thread, but it’s not a different topic but it’s de

    Well, i wont’ intrude on your thread, but it’s not a different topic but it’s dependent. -“No, the point of capitalistic agents is to maximize profit given the constraints of the market.”- But if and only if the easier method (rents) are not available to them. Rents come first.


    Source date (UTC): 2018-10-29 21:42:16 UTC

    Original post: https://twitter.com/i/web/status/1057024844670386176

    Reply addressees: @GeolibGeorge @Septeus7 @Slysneak @Lord_Keynes2 @jappleby123 @Noahpinion @ProfSteveKeen

    Replying to: https://twitter.com/i/web/status/1057024048897634308


    IN REPLY TO:

    @GonzoGeorgism

    @curtdoolittle @Septeus7 @Slysneak @Lord_Keynes2 @jappleby123 @Noahpinion @ProfSteveKeen …. fundamentally different topic, which is how well economic policy is doing in delivering performance on particular variables that tend to correlate with perceptions of how well they‘re doing. Of course there is error in asserting that these determine perception completely….

    Original post: https://twitter.com/i/web/status/1057024048897634308

  • The Limit of Commercial Self Interest

    (FB Timestamp) THE LIMIT OF COMMERCIAL SELF INTEREST RE: Facebook, Twitter, Google, Quora, Stack Overflow, Medium, and all the rest of the ‘censors’…. [T]he secret to the Success of the West in both the Ancient and Modern worlds, is the speaking of uncomfortable truths, no matter the cost, and regardless of impact on the competence, self image, status, and dominance hierarchies.

    • Honor instead of Face.
    • Duty instead of Security.
    • Reciprocity instead of Proportionality
    • Order instead of Equality.
    • Truth, Beauty, and Goodness instead of Harmony.
    • Heroism vs Obedience
    • Aristocracy of Everyone vs Peasantry of Everyone.

    It is this ‘disregard’ for ‘face’ that produced all of western civilization’s excellences: truth, jury, rule of law, reason, empiricism, science, technology, medicine, markets, and the fastest adaptation of culture, economy, law, and polity to circumstance that is possible for mankind. By appealing to a world commercial market, where “Truth No Matter The Consequences” is not only unknown but anti social, and in many cases unethical, immoral, and highly offensive, we have let into our great civilization the antithesis of what made it great: Paying the price of offense to produce all that flows from telling the truth – from opinion, to testimony, to scientific fact. These companies, out of commercial self interest, are spending down the accumulated normative, cultural, traditional, intellectual, and institutional capital that we carefully accumulated over 3500 years of European evolution and development. The most intolerant wins. One can be tolerant of Truth and Opinion and create western civilization. Or one can be intolerant of Truth, and Opinion and reverse western civilization. What we are seeing is yet another invasion of intolerance, (first judaism and christianity), and now Judaism (Separatist Sophism), Postmodernism (Secular Christian Sophism), and Islam(Supernatural Conquest Sophism). Every single act of suppression of dissent against those who take offense is a THEFT of the capital of western civilization. In economic terms this is called: The Privatization of Public Capital – what we call ‘The Commons”. As I undrestand the situation, all of these companies are guilty of not only of (a) sedition, (b) conspiracy (c) massive privatization of the commons for commercial self interest, (d) use of proceeds and platform to coerce the state via the public to continue this privatization of the commons. This is theft. Period. Plan and simple. And sedition as well.

  • The Limit of Commercial Self Interest

    (FB Timestamp) THE LIMIT OF COMMERCIAL SELF INTEREST RE: Facebook, Twitter, Google, Quora, Stack Overflow, Medium, and all the rest of the ‘censors’…. [T]he secret to the Success of the West in both the Ancient and Modern worlds, is the speaking of uncomfortable truths, no matter the cost, and regardless of impact on the competence, self image, status, and dominance hierarchies.

    • Honor instead of Face.
    • Duty instead of Security.
    • Reciprocity instead of Proportionality
    • Order instead of Equality.
    • Truth, Beauty, and Goodness instead of Harmony.
    • Heroism vs Obedience
    • Aristocracy of Everyone vs Peasantry of Everyone.

    It is this ‘disregard’ for ‘face’ that produced all of western civilization’s excellences: truth, jury, rule of law, reason, empiricism, science, technology, medicine, markets, and the fastest adaptation of culture, economy, law, and polity to circumstance that is possible for mankind. By appealing to a world commercial market, where “Truth No Matter The Consequences” is not only unknown but anti social, and in many cases unethical, immoral, and highly offensive, we have let into our great civilization the antithesis of what made it great: Paying the price of offense to produce all that flows from telling the truth – from opinion, to testimony, to scientific fact. These companies, out of commercial self interest, are spending down the accumulated normative, cultural, traditional, intellectual, and institutional capital that we carefully accumulated over 3500 years of European evolution and development. The most intolerant wins. One can be tolerant of Truth and Opinion and create western civilization. Or one can be intolerant of Truth, and Opinion and reverse western civilization. What we are seeing is yet another invasion of intolerance, (first judaism and christianity), and now Judaism (Separatist Sophism), Postmodernism (Secular Christian Sophism), and Islam(Supernatural Conquest Sophism). Every single act of suppression of dissent against those who take offense is a THEFT of the capital of western civilization. In economic terms this is called: The Privatization of Public Capital – what we call ‘The Commons”. As I undrestand the situation, all of these companies are guilty of not only of (a) sedition, (b) conspiracy (c) massive privatization of the commons for commercial self interest, (d) use of proceeds and platform to coerce the state via the public to continue this privatization of the commons. This is theft. Period. Plan and simple. And sedition as well.

  • THE LIMIT OF COMMERCIAL SELF INTEREST RE: Facebook, Twitter, Google, Quora, Stac

    THE LIMIT OF COMMERCIAL SELF INTEREST

    RE: Facebook, Twitter, Google, Quora, Stack Overflow, Medium, and all the rest of the ‘censors’….

    The secret to the Success of the West in both the Ancient and Modern worlds, is the speaking of uncomfortable truths, no matter the cost, and regardless of impact on the competence, self image, status, and dominance hierarchies.

    – Honor instead of Face.

    – Duty instead of Security.

    – Reciprocity instead of Proportionality

    – Order instead of Equality.

    – Truth, Beauty, and Goodness instead of Harmony.

    – Heroism vs Obedience

    – Aristocracy of Everyone vs Peasantry of Everyone.

    It is this ‘disregard’ for ‘face’ that produced all of western civilization’s excellences: truth, jury, rule of law, reason, empiricism, science, technology, medicine, markets, and the fastest adaptation of culture, economy, law, and polity to circumstance that is possible for mankind.

    By appealing to a world commercial market, where “Truth No Matter The Consequences” is not only unknown but anti social, and in many cases unethical, immoral, and highly offensive, we have let into our great civilization the antithesis of what made it great:

    Paying the price of offense to produce all that flows from telling the truth – from opinion, to testimony, to scientific fact.

    These companies, out of commercial self interest, are spending down the accumulated normative, cultural, traditional, intellectual, and institutional capital that we carefully accumulated over 3500 years of European evolution and development.

    The most intolerant wins. One can be tolerant of Truth and Opinion and create western civilization. Or one can be intolerant of Truth, and Opinion and reverse western civilization.

    What we are seeing is yet another invasion of intolerance, (first judaism and christianity), and now Judaism (Separatist Sophism), Postmodernism (Secular Christian Sophism), and Islam(Supernatural Conquest Sophism).

    Every single act of suppression of dissent against those who take offense is a THEFT of the capital of western civilization. In economic terms this is called: The Privatization of Public Capital – what we call ‘The Commons”.

    As I undrestand the situation, all of these companies are guilty of not only of (a) sedition, (b) conspiracy (c) massive privatization of the commons for commercial self interest, (d) use of proceeds and platform to coerce the state via the public to continue this privatization of the commons.

    This is theft. Period. Plan and simple. And sedition as well.


    Source date (UTC): 2018-10-29 18:11:00 UTC

  • No. Here Is the Future of Btc

    October 28th, 2018 1:31 PM NO. HERE IS THE FUTURE OF BTC (No more lies, means no more btc lies too) [T]his is of course an interesting thought experiment, but of course the difference is that such a metal does not exist, the precious metals are in demand for un-replicable reasons, and they are insufficient in volume, so their function of a monetary substitute (holding place of value) is actually oil. Fiat money consists of shares in the state, and is in demand because the state demands it for taxes, and demands it’s monopoly. Bitcoin consists of shares in the bitcoin network. There is trivial difference between electronic distribution of any existing currency, and the distribution of bitcoin OTHER than the FEES that can be extracted for use of those other currencies, in exchange for state insurance of those transactions, and that the INDIVIDUAL COIN HOLDER provides the function of clearances between different currencies (locales), at lower FEES (transaction costs) at slower rates (transaction rates), in the absence of insurance by the currency issuer (the state or the btc network). There is no known method of insuring the BTC network and it remains slow expensive and fragile. As I’ve written consistently since I think 2012, all we are doing with these currencies is performing research and development for the state, which will NOT use a distributed but CENTRALIZED transaction processor, on top of existing financial networks, using the encryption technology, and the state will destroy private networks because the state can INSURE those transactions as well as police the input and output of money into and out of such networks. There is absolutely zero chance of any other outcome. As far as I know the legacy of BTC and similar products will be as registries of title, thereby eliminating title companies. Registries of stocks and interests. And if someone is smart enough, to eliminate the check-cashing businesses which will then be able to provide cash distribution services in lieu of risk, for flat fees rather than interest.

  • More From My Portfolio of CEO Responses

    October 28th, 2018 2:20 PM [M]ore From My Portfolio of CEO Responses 1) “You’re right. We should do that. Are you volunteering to get it done?” 2) “Really? I have simple means of testing demonstrated preference: He who does, chooses. He who doesn’t, doesn’t.” 3) “Really, now you don’t understand why I did that? Why do you think I would do that” (Silly reason follows.) “Actually, here is why I did it ….” (Stunned) (Teaching Moment Succeeded). 4) “Great idea. Given that we must, and do, at all times make use of all available capital, What should we not do in order to pay for doing that?” Teaching People to fish never ends. Why? They actually want someone to catch the fish for them.

  • No. Here Is the Future of Btc

    October 28th, 2018 1:31 PM NO. HERE IS THE FUTURE OF BTC (No more lies, means no more btc lies too) [T]his is of course an interesting thought experiment, but of course the difference is that such a metal does not exist, the precious metals are in demand for un-replicable reasons, and they are insufficient in volume, so their function of a monetary substitute (holding place of value) is actually oil. Fiat money consists of shares in the state, and is in demand because the state demands it for taxes, and demands it’s monopoly. Bitcoin consists of shares in the bitcoin network. There is trivial difference between electronic distribution of any existing currency, and the distribution of bitcoin OTHER than the FEES that can be extracted for use of those other currencies, in exchange for state insurance of those transactions, and that the INDIVIDUAL COIN HOLDER provides the function of clearances between different currencies (locales), at lower FEES (transaction costs) at slower rates (transaction rates), in the absence of insurance by the currency issuer (the state or the btc network). There is no known method of insuring the BTC network and it remains slow expensive and fragile. As I’ve written consistently since I think 2012, all we are doing with these currencies is performing research and development for the state, which will NOT use a distributed but CENTRALIZED transaction processor, on top of existing financial networks, using the encryption technology, and the state will destroy private networks because the state can INSURE those transactions as well as police the input and output of money into and out of such networks. There is absolutely zero chance of any other outcome. As far as I know the legacy of BTC and similar products will be as registries of title, thereby eliminating title companies. Registries of stocks and interests. And if someone is smart enough, to eliminate the check-cashing businesses which will then be able to provide cash distribution services in lieu of risk, for flat fees rather than interest.

  • More From My Portfolio of CEO Responses 1) “You’re right. We should do that. Are

    More From My Portfolio of CEO Responses

    1) “You’re right. We should do that. Are you volunteering to get it done?”

    2) “Really? I have simple means of testing demonstrated preference: He who does, chooses. He who doesn’t, doesn’t.”

    3) “Really, now you don’t understand why I did that? Why do you think I would do that” (Silly reason follows.) “Actually, here is why I did it ….” (Stunned) (Teaching Moment Succeeded).

    4) “Great idea. Given that we must, and do, at all times make use of all available capital, What should we not do in order to pay for doing that?”

    Teaching People to fish never ends. Why? They actually want someone to catch the fish for them.


    Source date (UTC): 2018-10-28 14:20:00 UTC

  • The reward for trust is discounts on cooperation and there is NOTHING that produ

    The reward for trust is discounts on cooperation and there is NOTHING that produces higher returns than a network of cooperation (division of perception, cognition, knowledge, labor, negotiation, and advocacy.)


    Source date (UTC): 2018-10-27 20:19:08 UTC

    Original post: https://twitter.com/i/web/status/1056279147075514368

    Reply addressees: @ShardGooner @DegenRolf

    Replying to: https://twitter.com/i/web/status/1054744614056407042


    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1054744614056407042