Curt Doolittle

Theme: Incentives

  • How Likely Is It That Toronto Will Suffer A Recession Considering House Prices And The Consumer Debt Continues To Rise At A Very Fast Rate And The Wages Do Not Rise?

    Ontario is bankrupt and attempting to use immigration to offset the problem temporarily, which only exacerbates the problem long term. It’s not so much that Toronto will suffer a recession but it will (like Detroit, Hartford…) eventually end up with vast ghettos, and an inability to maintain its infrastructure, followed by an inability to justify the governmetn.

    This is a common cycle that many states get into when they are large enough to accumulate enough debt that there is no correlation between their actions and the consequences due to the time it takes for consequences to occur.

    https://www.quora.com/How-likely-is-it-that-Toronto-will-suffer-a-recession-considering-house-prices-and-the-consumer-debt-continues-to-rise-at-a-very-fast-rate-and-the-wages-do-not-rise

  • My opinion is that w/o NN we will pay for major internet sites like Netflix,Yout

    My opinion is that w/o NN we will pay for major internet sites like Netflix,Youtube and Facebook, on a per-site basis (this is already happening in other countries). Cable/Telco’s have the lowest customer sat in the country. It’s a bad idea to reverse NN and further empower them.

    Source date (UTC): 2017-12-14 23:57:41 UTC

    Original post: https://twitter.com/i/web/status/941457196012974080

    Reply addressees: @AlHernandez21

    Replying to: https://twitter.com/i/web/status/941416833340596229

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/941416833340596229

  • Russia Has 75 Trillion Worth Of Natural Resources. How Does This Affect Its Economy And The World?

    Please research the economic term “Resource Curse”.

    This excerpt from Ivestopedia.

    What is a ‘Resource Curse’

    Countries with an abundance of non-renewable resources tend toward stagnant growth or even economic contraction. This is because easy and profitable resources pull talent and capital, and prevent the development of a diverse, complex, innovative, and adaptive economy.

    The country then becomes dependent upon the price of commodities, and GDP (Gross Domestic Product) becomes volitaile because of the volatile price of commodities. (This is how the world is ‘punishing’ Russia for invasion of Ukraine – over-production of petroleum products upon which the entire country depends. So resource economies are ‘vulnerable’ not strong.)

    Worse, resources are attractive for government corruption (Again, russia and ukraine are exceptional examples. Russian resources, and Ukrainian farm land. )

    This is a problem in the USA, and in Canada, and in Australia, where all three countries had an abundance of territory that they are selling off to immigrants and creating a consumer economy rather than competing as their predecessor england did, or as japan has done, using technology, institutions, and culture. Or as Switzerland and Belgium have done. If you want to be prosperous you want a small homogenous country with no chance but to compete. (Switzerland is perhaps the best run country in the world.)

    Cheers

    https://www.quora.com/Russia-has-75-trillion-worth-of-natural-resources-How-does-this-affect-its-economy-and-the-world

  • Russia Has 75 Trillion Worth Of Natural Resources. How Does This Affect Its Economy And The World?

    Please research the economic term “Resource Curse”.

    This excerpt from Ivestopedia.

    What is a ‘Resource Curse’

    Countries with an abundance of non-renewable resources tend toward stagnant growth or even economic contraction. This is because easy and profitable resources pull talent and capital, and prevent the development of a diverse, complex, innovative, and adaptive economy.

    The country then becomes dependent upon the price of commodities, and GDP (Gross Domestic Product) becomes volitaile because of the volatile price of commodities. (This is how the world is ‘punishing’ Russia for invasion of Ukraine – over-production of petroleum products upon which the entire country depends. So resource economies are ‘vulnerable’ not strong.)

    Worse, resources are attractive for government corruption (Again, russia and ukraine are exceptional examples. Russian resources, and Ukrainian farm land. )

    This is a problem in the USA, and in Canada, and in Australia, where all three countries had an abundance of territory that they are selling off to immigrants and creating a consumer economy rather than competing as their predecessor england did, or as japan has done, using technology, institutions, and culture. Or as Switzerland and Belgium have done. If you want to be prosperous you want a small homogenous country with no chance but to compete. (Switzerland is perhaps the best run country in the world.)

    Cheers

    https://www.quora.com/Russia-has-75-trillion-worth-of-natural-resources-How-does-this-affect-its-economy-and-the-world

  • Agreed. Although, the iphone is too significant a part of the business, and by a

    Agreed. Although, the iphone is too significant a part of the business, and by all accounts they are a status signal only, with Samsung producing consistently superior products. The only reason apple doesn’t make microsoft-level numbers in software, laptops, desktops, is choice.

    Source date (UTC): 2017-12-12 22:10:59 UTC

    Original post: https://twitter.com/i/web/status/940705566816702465

    Reply addressees: @W_O_P_R @PCMag @THErealDVORAK

    Replying to: https://twitter.com/i/web/status/940701023202697219

    IN REPLY TO:

    @W_O_P_R

    @curtdoolittle @PCMag @THErealDVORAK I think it’s simpler than that. Apple is so big that a product that makes _only_ $1billion seems like small potatoes. They lose interest because it makes up a fraction of their biz. Any other company would be envious, but to Apple it seems like a waste of time.

    Original post: https://twitter.com/i/web/status/940701023202697219

  • Apple is just following the same mistakes as ballmer did at msft. No vision. Fol

    Apple is just following the same mistakes as ballmer did at msft. No vision. Follow the data. Data says abandon content creators. They do. Competitors seize opportunity. Creators run to new opportunity. Consumers then follow creators.

    Source date (UTC): 2017-12-12 21:43:25 UTC

    Original post: https://twitter.com/i/web/status/940698628749955078

    Reply addressees: @W_O_P_R @PCMag @THErealDVORAK

    Replying to: https://twitter.com/i/web/status/938885195159298049

    IN REPLY TO:

    @W_O_P_R

    @PCMag @THErealDVORAK I agree @THErealDVORAK. The writing is on the wall. The continued roll out of high functioning cloud apps by 3rd parties and the addition of Files to iOS make it inevitable.

    Original post: https://twitter.com/i/web/status/938885195159298049

  • Can We Argue That Improving Dispensation Of Social Justice And Social Equity Has A Positive Linear Relationship With The Ability Of A Society To Participate And Benefit From A Free Market?

    PAINFUL TRUTH

    You can’t define Social Justice, and you probably can’t define Social Equity, or describe how either could come about. And if you did, you would of necessity define injustice and inequity.

    However;

    You can desire that your genetic, behavioral, social, economic, and political ‘status’ relative to others is more or less visible, and that you are more or less treated independent of that status by others. (Signaling or ‘Association and Cooperation’.)

    You can desire that you are not ignored, dismissed, outcast, or treated according to your reproductive value to others. (Genetic)

    You can desire that you are not avoided, ignored, dismissed, outcast or treated according to your behavior which is determined by your genetic, behavioral, social, economic, and political value to others.(Behavioral)

    You can desire that you are not prohibited from use of commons, regardless of your genetic, behavioral, social, economic and political value to others. (Social)

    You can desire that you are given dividends via taxation to compensate for your lower genetic, behavioral, social, economic, and political value to others. (Economic)

    You can desire that you are given political influence over the production of commons to compensate for your lower genetic, behavioral, social, economic, and political value to others. (Political)

    So you can desire many false (non-market) forms of compensation from others, or you can reap many true (market) forms of compensation from others.

    So far as I know (and we know, and we can demonstrate) you require:
    1) rule of law that protects property rights (self, spouse, kin, investments, assets, property) from involuntary transfer (we call this tort, common, or natural law) regardless of you genetic, behavioral, social, economic, and political value to others.
    2) A military, police, sheriff, and judiciary that will not violate that rule of law, but enforce it regardless of you genetic, behavioral, social, economic, and political value to others.
    3) A bureaucracy that acts according to rule of law and accepts no payment, advantage, or influence, to bias their decisions, and treats all individuals identically regardless of their genetic, behavioral, social, economic, and political value to others.

    And the reason to make use of MARKETS, is because they produce greater wealth than all possible alternatives, and as such, provide us with means of providing the luxury of law, enforcement, and bureaucracy, and market, treating you as equally as your willingness to demonstrate market-normative behavior warrants, despite your genetic, behavioral, social, economic, and political value to others.

    Curt Doolittle
    The Propertarian Institute
    Kiev, Ukraine

    https://www.quora.com/Can-we-argue-that-improving-dispensation-of-social-justice-and-social-equity-has-a-positive-linear-relationship-with-the-ability-of-a-society-to-participate-and-benefit-from-a-free-market

  • Can We Argue That Improving Dispensation Of Social Justice And Social Equity Has A Positive Linear Relationship With The Ability Of A Society To Participate And Benefit From A Free Market?

    PAINFUL TRUTH

    You can’t define Social Justice, and you probably can’t define Social Equity, or describe how either could come about. And if you did, you would of necessity define injustice and inequity.

    However;

    You can desire that your genetic, behavioral, social, economic, and political ‘status’ relative to others is more or less visible, and that you are more or less treated independent of that status by others. (Signaling or ‘Association and Cooperation’.)

    You can desire that you are not ignored, dismissed, outcast, or treated according to your reproductive value to others. (Genetic)

    You can desire that you are not avoided, ignored, dismissed, outcast or treated according to your behavior which is determined by your genetic, behavioral, social, economic, and political value to others.(Behavioral)

    You can desire that you are not prohibited from use of commons, regardless of your genetic, behavioral, social, economic and political value to others. (Social)

    You can desire that you are given dividends via taxation to compensate for your lower genetic, behavioral, social, economic, and political value to others. (Economic)

    You can desire that you are given political influence over the production of commons to compensate for your lower genetic, behavioral, social, economic, and political value to others. (Political)

    So you can desire many false (non-market) forms of compensation from others, or you can reap many true (market) forms of compensation from others.

    So far as I know (and we know, and we can demonstrate) you require:
    1) rule of law that protects property rights (self, spouse, kin, investments, assets, property) from involuntary transfer (we call this tort, common, or natural law) regardless of you genetic, behavioral, social, economic, and political value to others.
    2) A military, police, sheriff, and judiciary that will not violate that rule of law, but enforce it regardless of you genetic, behavioral, social, economic, and political value to others.
    3) A bureaucracy that acts according to rule of law and accepts no payment, advantage, or influence, to bias their decisions, and treats all individuals identically regardless of their genetic, behavioral, social, economic, and political value to others.

    And the reason to make use of MARKETS, is because they produce greater wealth than all possible alternatives, and as such, provide us with means of providing the luxury of law, enforcement, and bureaucracy, and market, treating you as equally as your willingness to demonstrate market-normative behavior warrants, despite your genetic, behavioral, social, economic, and political value to others.

    Curt Doolittle
    The Propertarian Institute
    Kiev, Ukraine

    https://www.quora.com/Can-we-argue-that-improving-dispensation-of-social-justice-and-social-equity-has-a-positive-linear-relationship-with-the-ability-of-a-society-to-participate-and-benefit-from-a-free-market

  • Look, Digital Currencies Will Evolve. They Have To.

    I doubt very seriously that such a thing will be btc. On the other hand, the moment they reach such potential the largest actors will invest in, and manipulate it.

  • Look, Digital Currencies Will Evolve. They Have To.

    I doubt very seriously that such a thing will be btc. On the other hand, the moment they reach such potential the largest actors will invest in, and manipulate it.