Curt Doolittle

Theme: Incentives

  • The Law of Conservation of Costs

    by John Dow Much like thermodynamics – where energy cannot be created or destroyed merely transformed – in economics, cost cannot be created or destroyed, merely transferred. The Government offsets limited liability with the cost it bares to establish the sovereignty with which it can limit liability. Without a Sovereign Insurer, businesses which impose damages on other parties would likely face retaliation unless they compensate for their damages. The Sovereign supresses this retaliation with superior force, yet it spares the party upon whom damages have been imposed the cost of retaliation by also insuring them against these damages, albeit within limits. Violence is just another form of labour, and a costly one at that. Just as labour has a price, so does violence. If you don’t like it, take up arms and revolt against the Government, if you can afford it.

  • State – Business Alliances

    STATE BUSINESS ALLIANCES Forms of subsidy to companies that engage in international trade produces multipliers. The math has been done. That’s why it continues. In fact, throughout history, the state-biz partnership in international trade has been a requirement at worst, and the central source of economic competition at best. The problem with state-business relations occurs when:

    (a) consumers have no standing in court against violations of reciprocity in the domestic market, and

    (b) politicians grant rights and privileges in the domestic market

    (c) when zombie (dead) corporations are kept alive for political reasons. In the american case, corporations pay the highest taxes in the world. But our total tax rate is relatively low. Most advanced countries ( meaning those with audit-able financial systems) use VAT tax increases to offset corporate taxes. But you can easily see where that goes…. Libertarianism benefits from a little knowledge of economics, with a heavy dose of obscurantist moralizing. A little knowledge is a dangerous thing. And that is why there are many passionate libertarians, and only a half dozen libertarian ‘intellectuals’. Its because once you possess more than a little knowledge you either choose conservatism (long term and eugenic) or social democracy (short term and dysgenic).

  • State – Business Alliances

    STATE BUSINESS ALLIANCES Forms of subsidy to companies that engage in international trade produces multipliers. The math has been done. That’s why it continues. In fact, throughout history, the state-biz partnership in international trade has been a requirement at worst, and the central source of economic competition at best. The problem with state-business relations occurs when:

    (a) consumers have no standing in court against violations of reciprocity in the domestic market, and

    (b) politicians grant rights and privileges in the domestic market

    (c) when zombie (dead) corporations are kept alive for political reasons. In the american case, corporations pay the highest taxes in the world. But our total tax rate is relatively low. Most advanced countries ( meaning those with audit-able financial systems) use VAT tax increases to offset corporate taxes. But you can easily see where that goes…. Libertarianism benefits from a little knowledge of economics, with a heavy dose of obscurantist moralizing. A little knowledge is a dangerous thing. And that is why there are many passionate libertarians, and only a half dozen libertarian ‘intellectuals’. Its because once you possess more than a little knowledge you either choose conservatism (long term and eugenic) or social democracy (short term and dysgenic).

  • ECONOMIC SCHOOLS IN ONE LESSON (from elsewhere) Can I put the seed of an idea in

    ECONOMIC SCHOOLS IN ONE LESSON

    (from elsewhere)

    Can I put the seed of an idea in your head?

    AUSTRIAN

    Austrian School: the search for economics of social science (natural law), and the means of improving institutions of cooperation without interference in the information system of the economy. Assumes the civilizational, generational, business, vocational, pedagogical, and fashion cycles, if interfered with, will produce greater subsequent harm than good. (CONSERVATIVE/ACHIEVED MASCULINE evolutionary strategy – eugenic – long term time preference )

    CHICAGO

    Chicago School: the search for economics under rule of law limited to predictable, rule based, interference in the information system of the economy, as a means of insuring against unnecessary asymmetries of information. Assumes civilization, generational, business, vocational, pedagogical, and fashion cycles will benefit from removal of unnecessary resistance. (LIBERTARIAN/ASCENDANT MASCULINE evolutionary strategy – balanced – medium term time preference )

    SALTWATER

    Saltwater School: the search for economics of discretionary rule, the abandonment of rule of law, and the abandonment of institutional improvements to cooperation in search for the maximization of consumption. Assumes civilizational, generational, business, vocational, pedagogical, and fashion cycles are both less important than current consumption, and that the benefits of current consumption will (like borrowing against interest), outweigh the later consequences (similar to how the non neutrality of money is simply absorbed inconsequentially in niche effects. )(PROGRESSIVE/FEMININE evolutionary strategy – dysgenic – short term time preference.)

    Source date (UTC): 2017-03-13 15:14:00 UTC

  • Can Vancouver, Bc Become A New Silicon Valley?

    It’s unlikely. (Spoken as someone who has purchased a Canadian tech company)
    1. Canadian work ethic and 100 hour weeks at startups are incompatible.
    2. Employment regulations place too high a burden on small businesses.
    3. Shareholder requirements in Canada are too burdensome for high risk opportunities.
    4. Consumer banking in Canada is exceptional but commercial banking is like dealing with the government – depressing, incompetent, and ignorant.
    5. The VC community (if you want to call it that) is not competent in tech – better in mining and resources.
    6. The university system has no peer to California or NY/Boston
    7. Canada lacks sufficient population to produce sufficient engineers, capable of taking sufficient risks. At present it takes 500M people in a market to produce competitive intellectual work products at the level of global powers.

    https://www.quora.com/Can-Vancouver-BC-become-a-new-Silicon-Valley

  • Can Vancouver, Bc Become A New Silicon Valley?

    It’s unlikely. (Spoken as someone who has purchased a Canadian tech company)
    1. Canadian work ethic and 100 hour weeks at startups are incompatible.
    2. Employment regulations place too high a burden on small businesses.
    3. Shareholder requirements in Canada are too burdensome for high risk opportunities.
    4. Consumer banking in Canada is exceptional but commercial banking is like dealing with the government – depressing, incompetent, and ignorant.
    5. The VC community (if you want to call it that) is not competent in tech – better in mining and resources.
    6. The university system has no peer to California or NY/Boston
    7. Canada lacks sufficient population to produce sufficient engineers, capable of taking sufficient risks. At present it takes 500M people in a market to produce competitive intellectual work products at the level of global powers.

    https://www.quora.com/Can-Vancouver-BC-become-a-new-Silicon-Valley

  • Is It Ok To Be Socialistic Or Anti-capitalistic Sometimes?

    All societies consist of mixed economies. We have abandoned the experiment with socialism world wide (the central organization of the economy) and instead have settled on the federal production of commons, the mixed production of core industries, and the private production of goods, services, and information. So there exist no socialist and no capitalist economies – only mixed economies. And we debate how much production of commons, how much investment in core industries, and how much liberty in the private sector economy, and how much taking from private production to give out as redistribution for unproductive periods due to age, unemployment, and care-taking.

    The first problem that we face is human nature. Everyone will take all the free rides he can get. Secondly, we face a great lie: that is that the wealthier we become, the lower the demand for people who cannot learn on their own (people who cannot handle college level independent learning) and that all people can achieve middle income status if even if they cannot produce middle income market value.

    So it is not OK to be ignorant and have an opinion about such things if you lack the knowledge to hold such an opinion. The fact of the matter is that economics is not very different from hydraulics. Where small changes can produce very large changes elsewhere – and visa versa. And where any ‘gap’ or will fill in with water at the first opportunity, just like all people will seek to make theirs whatever they can at every opportunity.

    https://www.quora.com/Is-it-OK-to-be-socialistic-or-anti-capitalistic-sometimes

  • Is It Ok To Be Socialistic Or Anti-capitalistic Sometimes?

    All societies consist of mixed economies. We have abandoned the experiment with socialism world wide (the central organization of the economy) and instead have settled on the federal production of commons, the mixed production of core industries, and the private production of goods, services, and information. So there exist no socialist and no capitalist economies – only mixed economies. And we debate how much production of commons, how much investment in core industries, and how much liberty in the private sector economy, and how much taking from private production to give out as redistribution for unproductive periods due to age, unemployment, and care-taking.

    The first problem that we face is human nature. Everyone will take all the free rides he can get. Secondly, we face a great lie: that is that the wealthier we become, the lower the demand for people who cannot learn on their own (people who cannot handle college level independent learning) and that all people can achieve middle income status if even if they cannot produce middle income market value.

    So it is not OK to be ignorant and have an opinion about such things if you lack the knowledge to hold such an opinion. The fact of the matter is that economics is not very different from hydraulics. Where small changes can produce very large changes elsewhere – and visa versa. And where any ‘gap’ or will fill in with water at the first opportunity, just like all people will seek to make theirs whatever they can at every opportunity.

    https://www.quora.com/Is-it-OK-to-be-socialistic-or-anti-capitalistic-sometimes

  • EVERYTHING CAN BE PRICED IN WATTS (OR CALORIES) —“The market always works, but

    EVERYTHING CAN BE PRICED IN WATTS (OR CALORIES)

    —“The market always works, but it’s not always priced in dollars. Eventually, perhaps everything can be priced in watts (for instance, Steve-seconds is convertible to watts, but each person has a different conversion rate), and imposed costs will be as easy to avoid as saying “sorry, you requesting that I learn new pronouns for your gender dysmorphia will likely cost me at least a few hours in my lifetime in discussion, corrections and explanations, and if it normalizes your disorder and expands it, even if you paid me for that time, the cost to my descendants in confusing them when it comes to producing the next generation for spreading intelligent life in the universe is certainly not worth the exchange you are offering. What exactly do you have to offer me in exchange for these enormous costs your gender dysmorphia is imposing?”— Steve Pender

    Source date (UTC): 2017-03-06 12:53:00 UTC

  • (Considering starting a politics and philosophy forum that selects articles ever

    (Considering starting a politics and philosophy forum that selects articles every day and provides an analysis of incentives and changes in capital. In other words, a balance sheet for any argument. I think this might be very educational and could become popular. There are a very small number of places where you can find grownup arguments. They are in the geostrategic and geo-economic papers and blogs. Almost everything else published every day is moral justificationism (Excuse making) and nothing more. )

    ——

    (unaccepted post in politics philosophy forum)(the host has been effort-spamming forums with uncriticized anti-trump propaganda pieces, which are just more articulate green frogs memes.)

    @James Ragsdale

    if [this] is a forum for discussion, then it’s a value. Which would require posting both sides of the debate. If this is a form for you to express your frustrations then it is no longer anything to do with theory policy and philosophy, but simply just emotional.

    Just create an “I hate trump” forum and put it there. But at present you’re not acting any differently from the alt-right-green-frog folks except your posting pseudo-rational propaganda instead of openly irrational green-frog cartoons.

    You have energy and a particular gift. And if you employ it honestly then you can make a contribution to the world.

    I’m honest about my work and my bias. (and yes, the fact that The Clinton Foundation defrauded me of $2M they said they would pay me for developing the greenhouse-gas measurement software, after we rescued their efforts in India at Microsoft’s request; and the fact that I have direct experience with these people – including Murdoch’s wife – might color my judgement a bit. These are ‘bad’ immoral, people for whom lying is simply a justifiable means of achieving their ends.)

    Anger destroys honesty. Half truths are lies. Half arguments are just half truths.

    Hence why I argue in the manner that I do: the only ‘good’ is exchange. The only ‘moral’ is non-imposition of costs.

    Source date (UTC): 2017-03-04 08:14:00 UTC