Curt Doolittle

Theme: Incentives

  • When I said VR was not gonna fly, nerds jumped all over me. Why? 10%+ nausea on

    When I said VR was not gonna fly, nerds jumped all over me. Why? 10%+ nausea on screen, 50%+ nausea on goggles. It’s too small a market. We can’t even sell orb-controls for 3d gaming or 3d content creation. And they’re cheaper. Goggles have uses, but limited.

    Source date (UTC): 2018-02-28 14:27:58 UTC

    Original post: https://twitter.com/i/web/status/968855300362178561

  • “Network effects are overrated. The real question is about marginal ease of onbo

    —“Network effects are overrated. The real question is about marginal ease of onboarding, strength of incentives for staying and contributing, and relative rates of adapting to changing circumstances. In other words, evolutionary capacity.”– Moritz Bierling

  • “Network effects are overrated. The real question is about marginal ease of onbo

    —“Network effects are overrated. The real question is about marginal ease of onboarding, strength of incentives for staying and contributing, and relative rates of adapting to changing circumstances. In other words, evolutionary capacity.”– Moritz Bierling

  • “Network effects are overrated. The real question is about marginal ease of onbo

    —“Network effects are overrated. The real question is about marginal ease of onboarding, strength of incentives for staying and contributing, and relative rates of adapting to changing circumstances. In other words, evolutionary capacity.”– Moritz Bierling

    Source date (UTC): 2018-02-28 13:12:00 UTC

  • In reality, you go to college or university, largely to gain access to an organi

    In reality, you go to college or university, largely to gain access to an organization in which you can benefit from rents without risk of personal assets. Whereas joining the military you risk the most valuable capital that you have on a daily basis – your life. Even if the work (honestly) is not very hard. Whereas Entrepreneurs risk their capital, and work hardest of all. Yet we are all taxed at the same rate. Why don’t we tax people by the risk they bear? Because people are rewarded in markets by the risk that they bear. Who does not bear risk? Those who don’t have skin in the game. In other words, people whose organizations exist outside of a market (The Government), or whose organizations have access to credit that puts them effectively outside the market (large companies). Or people who sell highly valued by warrantied products ( Advertising, Media, and Academy)

  • In reality, you go to college or university, largely to gain access to an organi

    In reality, you go to college or university, largely to gain access to an organization in which you can benefit from rents without risk of personal assets. Whereas joining the military you risk the most valuable capital that you have on a daily basis – your life. Even if the work (honestly) is not very hard. Whereas Entrepreneurs risk their capital, and work hardest of all. Yet we are all taxed at the same rate. Why don’t we tax people by the risk they bear? Because people are rewarded in markets by the risk that they bear. Who does not bear risk? Those who don’t have skin in the game. In other words, people whose organizations exist outside of a market (The Government), or whose organizations have access to credit that puts them effectively outside the market (large companies). Or people who sell highly valued by warrantied products ( Advertising, Media, and Academy)

  • In reality, you go to college or university, largely to gain access to an organi

    In reality, you go to college or university, largely to gain access to an organization in which you can benefit from rents without risk of personal assets. Whereas joining the military you risk the most valuable capital that you have on a daily basis – your life. Even if the work (honestly) is not very hard. Whereas Entrepreneurs risk their capital, and work hardest of all.

    Yet we are all taxed at the same rate. Why don’t we tax people by the risk they bear? Because people are rewarded in markets by the risk that they bear.

    Who does not bear risk? Those who don’t have skin in the game. In other words, people whose organizations exist outside of a market (The Government), or whose organizations have access to credit that puts them effectively outside the market (large companies). Or people who sell highly valued by warrantied products ( Advertising, Media, and Academy)

    Source date (UTC): 2018-02-27 14:26:00 UTC

  • Military service and pensions are, like police service and pensions, the optimum

    Military service and pensions are, like police service and pensions, the optimum lower middle, and working class forms of redistribution. Risk of one’s life and limb is a capital that the less able have to invest – and one that is detrimental to invest for the more able.

  • Military service and pensions are, like police service and pensions, the optimum

    Military service and pensions are, like police service and pensions, the optimum lower middle, and working class forms of redistribution. Risk of one’s life and limb is a capital that the less able have to invest – and one that is detrimental to invest for the more able.

  • Military service and pensions are, like police service and pensions, the optimum

    Military service and pensions are, like police service and pensions, the optimum lower middle, and working class forms of redistribution. Risk of one’s life and limb is a capital that the less able have to invest – and one that is detrimental to invest for the more able.

    Source date (UTC): 2018-02-27 12:53:00 UTC