Curt Doolittle

Theme: Incentives

  • CONSENSUS PRODUCES MONOPOLIES AND MONOPOLIES FAIL TO SERVE MARKET DEMANDS (impor

    CONSENSUS PRODUCES MONOPOLIES AND MONOPOLIES FAIL TO SERVE MARKET DEMANDS

    (important)

    We all need mindfulness in a method available to us.

    We all need a strategy using methods and resources available to us.

    We all need myths(narratives), ideologies (propaganda), philosophies(methods of reasoning), and sciences(methods of measurements) with which to decide how to act to pursue that strategy.

    The reason being we marginally indifferent enough to communicate within limits and cooperate within limits.

    But we are marginally different in our genetic, social, economic, physical, intellectual, and emotional abilities.

    Different enough to require different mindfulness, strategies, and means of surviving, prospering, and enjoying.

    So we are left with the problem of cooperating on means, despite different ends, and despite different genetic, social, economic, physical intellectual, and emotional abilities.

    And the only way to do so is markets of voluntary reciprocity at every scale from association to production to reproduction to commons to polities to nations.

    And the only way to facilitate that is multiple economies slave(prisoner), serf(laborer), freeman(craftsman), citizen(managerial), sovereign(executive).

    Because the slave needs direction, the serf security, the craftsman opportunity, the citizen liberty, and the sovereign institutions.

    And our folly has been the post enlightenment effort to produce a monopoly economy instead of a monopoly rule of law and a market for economies given the various needs and abilities.

    We instinctually pursue consensus and numbers beyond the scale of their utility the same way we extend our perception of ethics, economics, and physics beyond the scale of human perception, and to the point of their failure.

    The maximum value of consensus is the law of reciprocity.

    Beyond that the maximum value of any given consensus is that which can be achieved by reciprocity.

    This is the lesson of the past two centuries.

    Tripartism was a western practice because like all else in western civilization it was an empirical observation of existential reality – not a comforting lie.

    Curt Doolittle

    The Propertarian Institute

    Kiev Ukraine.

    Source date (UTC): 2017-12-06 00:03:00 UTC

  • “Doctors are paid way too much”— Robin Banks That’s not true – if anything the

    —“Doctors are paid way too much”— Robin Banks That’s not true – if anything they’re underpaid. Doctors are (empirically) the most talented subroup in america, spending an absurd amount of wealth on their educations, and their cost per patient is trivial. The problem is the overhead administration costs of regulation placed upon doctors and the vast army of clerks that are needed to support them. (that’s the deal, really). A doctor takes four years undergraduate, four years medical school, and three to seven years of internship, before they are eligible for a license. And they are in control of your life and death. A doctor’s average salary is 180k (round up to 200k). Thats 15 years of training. They have huge debt to repay – usually around 170k. Now, if you are say, a computer software engineer with the same or higher IQ than a doctor, you need little or no university education, although it helps dramatically, and if you work equally as hard, you can make as much as a doctor does for fifteen more years than a doctor does. So 15*200,000 = $3m + 250k for medical school, + 100K for university degree = $3.35M. Now, a resident for – let’s take an average of four years – is paid an average of 55K per year. So that’s 200-55 = 145k * 4 years = 580K. So 3.35M + .58M = $3.9M. Now, that means that a 30 year old MD has accumulated an average of 170k in debt before he can earn that income, despite being one of our top performing people. But can work 45 to 50 years once obtaining that – while paying an average of 20k liability insurance per year. Now, a software developer cannot (and need not) work that many years, but by his late 30’s has earned millions of dollars. The principle benefits to being a doctor are social and long term financial, for the simple reason of ever-increasing demand, and persistent shortage. The primary threat to your income is not the market but the government.

  • “Doctors are paid way too much”— Robin Banks That’s not true – if anything the

    —“Doctors are paid way too much”— Robin Banks That’s not true – if anything they’re underpaid. Doctors are (empirically) the most talented subroup in america, spending an absurd amount of wealth on their educations, and their cost per patient is trivial. The problem is the overhead administration costs of regulation placed upon doctors and the vast army of clerks that are needed to support them. (that’s the deal, really). A doctor takes four years undergraduate, four years medical school, and three to seven years of internship, before they are eligible for a license. And they are in control of your life and death. A doctor’s average salary is 180k (round up to 200k). Thats 15 years of training. They have huge debt to repay – usually around 170k. Now, if you are say, a computer software engineer with the same or higher IQ than a doctor, you need little or no university education, although it helps dramatically, and if you work equally as hard, you can make as much as a doctor does for fifteen more years than a doctor does. So 15*200,000 = $3m + 250k for medical school, + 100K for university degree = $3.35M. Now, a resident for – let’s take an average of four years – is paid an average of 55K per year. So that’s 200-55 = 145k * 4 years = 580K. So 3.35M + .58M = $3.9M. Now, that means that a 30 year old MD has accumulated an average of 170k in debt before he can earn that income, despite being one of our top performing people. But can work 45 to 50 years once obtaining that – while paying an average of 20k liability insurance per year. Now, a software developer cannot (and need not) work that many years, but by his late 30’s has earned millions of dollars. The principle benefits to being a doctor are social and long term financial, for the simple reason of ever-increasing demand, and persistent shortage. The primary threat to your income is not the market but the government.

  • “Doctors are paid way too much”— Robin Banks That’s not true – if anything the

    —“Doctors are paid way too much”— Robin Banks

    That’s not true – if anything they’re underpaid. Doctors are (empirically) the most talented subroup in america, spending an absurd amount of wealth on their educations, and their cost per patient is trivial. The problem is the overhead administration costs of regulation placed upon doctors and the vast army of clerks that are needed to support them. (that’s the deal, really).

    A doctor takes four years undergraduate, four years medical school, and three to seven years of internship, before they are eligible for a license. And they are in control of your life and death. A doctor’s average salary is 180k (round up to 200k). Thats 15 years of training. They have huge debt to repay – usually around 170k.

    Now, if you are say, a computer software engineer with the same or higher IQ than a doctor, you need little or no university education, although it helps dramatically, and if you work equally as hard, you can make as much as a doctor does for fifteen more years than a doctor does.

    So 15*200,000 = $3m + 250k for medical school, + 100K for university degree = $3.35M. Now, a resident for – let’s take an average of four years – is paid an average of 55K per year. So that’s 200-55 = 145k * 4 years = 580K. So 3.35M + .58M = $3.9M.

    Now, that means that a 30 year old MD has accumulated an average of 170k in debt before he can earn that income, despite being one of our top performing people. But can work 45 to 50 years once obtaining that – while paying an average of 20k liability insurance per year.

    Now, a software developer cannot (and need not) work that many years, but by his late 30’s has earned millions of dollars.

    The principle benefits to being a doctor are social and long term financial, for the simple reason of ever-increasing demand, and persistent shortage.

    The primary threat to your income is not the market but the government.

    Source date (UTC): 2017-12-05 16:55:00 UTC

  • MARKET COMPETITION

    https://theintercept.com/2017/12/04/trump-white-house-weighing-plans-for-private-spies-to-counter-deep-state-enemies/GENIUS: MARKET COMPETITION

    Source date (UTC): 2017-12-05 11:02:00 UTC

  • Just to reiterate. I’m not saying marry late. I”m saying don’t get married early

    Just to reiterate. I’m not saying marry late. I”m saying don’t get married early to the wrong woman and get divorced because of it. It’s too expensive.

    Source date (UTC): 2017-12-04 14:32:00 UTC

  • Came across an intriguing contention relative to markets and the disparity betwe

    Came across an intriguing contention relative to markets and the disparity between Mengle’s theory of imputation and Adam’s labor theory. Curiosity has me peering this morning into imputation with one eye on the labor theory (testing binary) in hope to bifurcate my way through if possible, for awhile, and test whether or not claims made by each can reconcile (ternary) with current propertarian positions, and if so, why. If not, why not. Time constraints may limit me to the basics of imputation theory alone, which is fine. It is likely that a true binary does not exist of course (never does really), which translates to mean we end up bagging one more carry-along misfit ternary puzzle piece for future resolve. But the implications so far are heartening. Not sure if you’ve had the opportunity to perform this test already tho.

  • Came across an intriguing contention relative to markets and the disparity betwe

    Came across an intriguing contention relative to markets and the disparity between Mengle’s theory of imputation and Adam’s labor theory. Curiosity has me peering this morning into imputation with one eye on the labor theory (testing binary) in hope to bifurcate my way through if possible, for awhile, and test whether or not claims made by each can reconcile (ternary) with current propertarian positions, and if so, why. If not, why not. Time constraints may limit me to the basics of imputation theory alone, which is fine. It is likely that a true binary does not exist of course (never does really), which translates to mean we end up bagging one more carry-along misfit ternary puzzle piece for future resolve. But the implications so far are heartening. Not sure if you’ve had the opportunity to perform this test already tho.

  • by Igor Rogov The major shift came in the 70s because of massive economical and

    by Igor Rogov The major shift came in the 70s because of massive economical and legal incentives for males and females to switch and/or abandon their social roles which roughly coincides with the final leg of advancement of neo-malthusian theories on at least partial deindustrialisation and tighter population control of the West and fallacious practices of massive government-sponsored programs to achieve these goals. (The Club of Rome published a book entitled The Limits to Growth in 1972). Since then there were no attempts made to rectify its fallacies or to undo the damage that has been done.

  • by Igor Rogov The major shift came in the 70s because of massive economical and

    by Igor Rogov The major shift came in the 70s because of massive economical and legal incentives for males and females to switch and/or abandon their social roles which roughly coincides with the final leg of advancement of neo-malthusian theories on at least partial deindustrialisation and tighter population control of the West and fallacious practices of massive government-sponsored programs to achieve these goals. (The Club of Rome published a book entitled The Limits to Growth in 1972). Since then there were no attempts made to rectify its fallacies or to undo the damage that has been done.