Theme: Incentives

  • THE CHURCH FAILED AND CONTINUES TO FAIL How can you advocate christianity as a m

    THE CHURCH FAILED AND CONTINUES TO FAIL

    How can you advocate christianity as a market good (something that people want to believe), when it so clearly is failing to compete in the market?

    What do socialism and cultural marxism, and postmodernism sell that people prefer to buy over christianity?

    What does islam sell that people prefer to buy over socialism, cultural marxism postmodernism – as well as christianity?


    Source date (UTC): 2017-04-13 09:28:00 UTC

  • RE: O’Reilly. Here is how it works. Happens to Rush also. Advertisers flee until

    RE: O’Reilly. Here is how it works.

    Happens to Rush also. Advertisers flee until it blows over. Freedom from advertiser scrutiny allows freedom to increase ratings. News cycle changes, and advertisers return to sponsorship at higher rates.

    The network, the advertisers, and those of us with IQs above room temperature know this.

    CONTROVERSY IS GOOD ADVERTISING


    Source date (UTC): 2017-04-11 20:47:00 UTC

  • ( Not that I disagree, that we shouldn’t get involved with boots on the ground,

    ( Not that I disagree, that we shouldn’t get involved with boots on the ground, but the choice here isn’t binary)

    AMERICAN ECONOMY (a High Spatial Consumption Society)

    1 – economy funded by financing of homes.

    2 – cheap oil necessary for commerce and trade in large territory requiring cars trucks, heat, electricity over large areas.

    3 – cheap oil possible by preserving a meritocratic market for oil.

    4 – a meritocratic market for oil preserved by an extensive military empire.

    5 – a vast military empire paid for by use of the dollar as a reserve currency.

    EUROPE

    Europe not only does not pay for her own strategic defense, but by issuing the Euro, buying oil in euros, and circumventing the need for dollars to pay for oil, europeans free-ride non only on the personal and social costs of defense, but on the discounted prices for oil that they experience at no cost to themselves.

    GEOSTRATEGY

    Russian Sphere;

    Russia (140), Belarus(10), Kazhakstan(17)

    The choice is between

    1 – Iran(77)+Syria(23)+Iraq(33)+Russia(140), 265M?

    2 – ISIS+Al Queda+Iran = ~100?,

    3 – Turkey(75)+ whomever survives the above

    and on the opposite side:

    4 – The Gulf States + Saudis + Israel+Egypt+the rest of north africa.

    OBJECTIVE

    What looks increasingly possible is Jordan, Syria, Iraq, Iran, Afghanistan, allied with Pakistan. With Iran as the core state like ‘Germany’ planned for europe, russia for the slavic lands.

    if that occurs the orbit will include Azerbaijan(9.5) and Turkmenistan(5.2), and while russia will fight for the oil fields, she will not be able to defend herself, and will lose Kazakhstan from Russia’s influence.

    At which point we will lose Russia.

    And iran will control the world’s oil supply, issue its own currency, demand it as the world’s oil currency, and then the word’s reserve currency, making the islamic civilizations exploit the developed civilizations.

    China(1.4b) takes north asia (siberia) back.

    Leaving the west and china and islam as the only surviving civilizations.


    Source date (UTC): 2017-04-11 18:57:00 UTC

  • HAPPINESS IN SOCIAL ORDERS Humans in general, are generally happy if they are wo

    HAPPINESS IN SOCIAL ORDERS

    Humans in general, are generally happy if they are working to produce gains, not to forestall losses. It does not take a great deal of income to do that. Most of what we spend is on status signaling to ourselves and others. Food, clothing, shelter, heat, water, electricity, appliances, air conditioning, children, family, friends.

    But we need be insulated from ‘the evil people’ who are unsatisfied with such – so we pay heavily to keep away from them. We pay even more heavily to be with people who are better than us, that we can learn from, and gain from the opportunities of proximity.

    If you truncate your lower classes, occupy your mischievous young males with physical labor in support of the commons, occupy your young women with children, and invest heavily in commons, most of us will be able to live very well, and the few that make our living-well possible will live far above us in signals – as they should.

    We have economics all wrong. We need multiple economies both martial(slave), public works (underclass), syndicalism(labor), and capitalism( middle, upper middle, and upper) And we do not need this hamster wheel of continuous consumption. We need only eradicate immigration except for the very best of the upper classes, eradicate through constraint on reproduction the lower classes, and eradicate the ability for non-kin to compete with us for control over the production of commons, and the status signals that are the reward for assisting in the production of those commons.

    Unfortunately we have not learned to constrain the impulses of women to satisfy the need to give (free endorphins for redistributing the production of others), and we have not learned to constrain the impulses of all (as did the communists) to satisfy the need to feel ‘above’ someone, or that they are not the low rung on the ladder, (free endorphins for false status signals), or the need to demonstrate status through conspicuous consumption (endorphins for possessing that which others do not), or the need to virtue signal (free endorphins for empty talk or gossip).

    Other societies, including ours, in much of our history, have suppressed unearned signals as a form of theft.

    It seems like this more than anything, combined with democracy that let it loose, has been the reason we are not happy.

    The hamster wheel of consumption is merely selling us the curse of Sisyphus by the promise of a utopia, the same way a drug dealer sells drugs, a fast food chain sells sugars and fats, a dietary supplement manufacturer sells ‘vitamins’ an advertiser sells status, a politician sells socialism or communism, or priest and his prophet sells life after death or some number of virgins.

    They’re all lies.

    Happiness is simple. Working to produce gains, not to forestall losses. And we can only forestall losses if we have the inventory that is sufficient to live off our gains.


    Source date (UTC): 2017-04-10 12:42:00 UTC

  • RATIONAL SELF INTEREST by Joel Davis Assuming self-interest is rational, by puni

    RATIONAL SELF INTEREST

    by Joel Davis

    Assuming self-interest is rational, by punishing all non-reciprocating choices via law, acting in group interest becomes rational.

    I don’t care if you reciprocate by rational self-interest or as a result of high prosociality, as long as you reciprocate.

    Assuming the maximization of group fitness has higher potential yields to individual fitness than any other factor, and assuming the maximization of individual fitness is desired, this is rational self-interest.


    Source date (UTC): 2017-04-09 06:01:00 UTC

  • THE SCHOOLS OF ECON, AND THE SCHOOL OF JEWISH ECONOMICS (can you say BAM!) (must

    THE SCHOOLS OF ECON, AND THE SCHOOL OF JEWISH ECONOMICS

    (can you say BAM!) (must read for austrian econ ppl)

    RE: http://www.splicetoday.com/politics-and-media/bannon-is-right-about-austrian-economics

    Dain.

    Let me give you a little argumentative weaponry to use to further this idea:

    1) I teach people this set of categories:

    a) Austrian School: (Institutions: Political Economy) the application of the calculus to economics, and the use of that innovation to understand Social Science. The study of human relations so that we may improve institutions and reduce those frictions that impede cooperation. Assumption: we are ignorant.

    (MONARCHY/ARISTOCRACY/CONSERVATISM)

    b) Chicago (freshwater) School:(Rule of Law, with Monetary Economics) The search for formulae under which we can make use of fiat currency to prevent currency shortages that artificially raise interest rates, but do so within the limits of natural law (non-discretion) so that we interfere as little as possible in planning and organizing production distribution and trade while doing so. Assumption: we are ignorant but can insure against shocks. (MIDDLE CLASS/CLASSICAL LIBERALISM)

    c) NewYork (Saltwater) School: (Discretionary Rule for the purpose of maximizing consumption). The search for the means of maximizing consumption by discretionary (non-rule-of-law) means. Assumptions: our ignorance is irrelevant since any interference in planning and damage in the medium and long term are offset by the good of increased consumption in the short term. (UNDERCLASS/GOSSIP-CLASS/LEFTISM)

    2) Myth and Tradition, moral and norm, historical analogy, reason, rationalism, empirical science, and ‘complete’ science (a term which won’t make sense to you at present), describe a sequence of decidability of increasing precision that requires increasing information. When we possess less information than needed to say, make a scientific proposition, we can rely upon those less precise tools that precede it. Not doing so is called pseudoscience – a pretense. Conversely, relying upon rationalism when sufficient information to use science is available, doing so is called pseudo-rationalism. We must match the tool to the information available – or we are engaged in either fallacy, fraud, or deceit. An austrian (practitioner of social science) will suggest that if we lack the empirical means of decidability, then we must retreat to the rational means of decidability. And this is the honest, and truthful, and scientific thing to do. Attempting to make science fit insufficient information is just fraud. Nothing more.

    AND ONE ARGUMENT YOU WON”T LIKE

    3) You won’t like this, but so called austrian economics consists of two branches. Polish Austrian (christian), and Austrian-Occupied Ukrainian(jewish). Rothbard and Mises appropriated the term “Austrian” due to anti-semitic biases. Mises was from Ukraine (L’viv), and a jewish city (my current residence). Perhaps the most Jewish city before Israel. But Marginalism (Austrianism), is from Poland (Menger) and Vienna, and “Constructive Economics” (Jewish Economics), has nothing to do with Austrianism other than incorporating marginalism. Even so, Misesian and Rothbardian’s version of marginalism consists of ordered series, not networks (weighted sets). This difference (constructivism) and error (ordered lists) eradicates most of the importance of marginalism from Jewish Economics.

    Third, and most damningly, Jewish Economics ignores the commons as well whereas the very purpose of Austrian economics is the improvement of the commons (institutions). So Austrian Economics proper and Jewish Economics proper, are fundamentally different systems of thought – and fourth, as a reflection of that, Mises’ Human Action, through at least chapter 5, is some of the most absurd pseudoscience ever penned by man.

    Fifth, austrianism, except for the question of the business cycle, has been fully integrated into mainstream economics.

    So the Mises institute continues this ‘terminological appropriation’ by rothbard and mises. It’s Jewish Economics, not Austrian economics, just as Liberalism was appropriated by the left from Classical Liberalism.

    THEREFORE

    So Economic School (“d”) is Jewish Economics: the search for justification of separatism by which we use pseudoscience, conflation, rational obscurantism, loading, and framing, and overloading, to attempt to construct a justification for parasitic subsistence of a separatist class upon a landed polity that pays the high cost of territorial, capital, cultural, institutional, and genetic monopoly.

    What does all that mean: it means almost no one who works in the field economic philosophy (the search for methods of decidability in political economy), whether German Scientific, Anglo Rule of Law, Anglo-Jewish-Mainstream, or Jewish Economics has any idea what he or she is doing – or talking about – other than screwing around with how much lying we can get away with.

    Hopefully this serves you.

    Curt Doolittle

    The Propertarian Institute

    Kiev Ukraine.


    Source date (UTC): 2017-04-08 11:28:00 UTC

  • Propertarianism tells me that people don’t need to conspire – it’s too costly, t

    Propertarianism tells me that people don’t need to conspire – it’s too costly, they just follow incentives – it’s too cheap not to.

    I work with INCENTIVES and FACTS. I don’t do conspiracy theories, and I don’t do racism, I don’t do memes, and I do as little ‘stupid’ as I can tolerate.

    I love my delete key.


    Source date (UTC): 2017-04-07 11:29:00 UTC

  • COUNTER-SIGNALING NEO-LIBERALISM 😉 (contra free trade)(from econlog) (COMMENT R

    COUNTER-SIGNALING NEO-LIBERALISM 😉

    (contra free trade)(from econlog)

    (COMMENT REJECTED BY ECONLOG – WOW_

    Gentlemen (and the economic academy as a whole)

    1) it is fairly evident that the value of lower prices declined with completion of the transition from agrarianism. In fact, investors, inventors, entrepreneurs, manufacturers, and distributors, and merchants, have a very hard time selling anything but marketing and status signal deltas. (See research on phones, phone plans, and software for them). What pent up demand for consumption exists? Other than for signals? In fact, it is quite possible to make an argument that status signal consumption is evidence of hyperconsumption and a misallocation of all forms of capital.(See virtue signaling in Austrialia, Canada, and the UK, and among progressives in the USA. What is the cost of virtue signal spirals? How are they made possible? The answer is non-trivial.)

    2) Cherry-picking consumption without measuring offsetting costs, and declines in intra-generational, inter-generational capital( capital in toto), is not practicing science. It’s practicing pseudoscience.

    3) When was the last time you saw a balance sheet rather than an income statement, and what is the difference in the aggregates illustrated by each?

    4) Why does the myth persist that there is a difference in personal, familial, local, regional, and national economics without stating that difference is limited to monetary not capital in toto constraints?

    So no. There is a limit to comparative advantage (capital consumption). Free trade, like investment in literacy, is a transitional good not a persistent one. Cities create a false efficiency under all but the German postwar model. They are transitional not absolute goods. Measurement of consumption is a transitional good, not a persistent one. Democracy is a transitional good in the presence of windfalls from technology or resources, republicanism superior during status quo, and fascism superior during periods of war.

    A necessary test of pseudoscience is whether limits have been articulated, so that we do not make the error of confusing temporal utility with ‘ideal’ good.

    There are no theories without limit except the theory that there are no theories without limit.

    20th century economics consists of the study of transition from agrarianism, to industrialism, to informational economies.

    What measures are missing? How do we know when the model we used for transition is no longer transitional but purely consumptive of longer term capital?

    (Signals)

    Curt Doolittle

    The Propertarian Institute

    Kiev, Ukraine


    Source date (UTC): 2017-03-30 08:47:00 UTC

  • Dear Media Companies. Entertainment is a fashion business. As specialization inc

    Dear Media Companies.

    Entertainment is a fashion business.

    As specialization increases and cost of production of content decreases, the value of capital and management decreases.

    What does this mean? Media companies (channels) have short life spans.


    Source date (UTC): 2017-03-30 08:01:00 UTC

  • compassion has nothing to do with either possibility or measurement. Instead, it

    compassion has nothing to do with either possibility or measurement. Instead, it’s intellectual laziness, status seeking, and virtue signaling.

    Regarding regulation. Unless you grasp the scale of the cost of compliance vs the returns on that compliance you are again making judgement out of intellectual laziness, and pseudo-morality rather than the science. While it may be one thing to punish the best dog owners whose dogs are fully trained because of those whose dogs require leashes, it is quite another to impose vast costs and the highest taxes on business and industry. While Foreign Affairs has traditionally been fairly conservative, the article you reference cherrypicks the regulatory nightmare of the EU where business is not growing, vs the remainder of the world where growth is continuing, regulation is non existent and corruption is rife.

    Why is it that ignorant people feel their opinions are anything but the fantastic impulses of the uneducated, uninformed, and unskillled implanted in them by critical theory and the ignorance of organizations and politiies at large scales?


    Source date (UTC): 2017-03-29 05:26:00 UTC