Curt Doolittle

Theme: Incentives

  • CLARIFICATION ON OUR ‘FAILURE’ TO EVOLVE TRUTH —“Curt, you’re wrong about the

    CLARIFICATION ON OUR ‘FAILURE’ TO EVOLVE TRUTH

    —“Curt, you’re wrong about the reason for the failure. It’s not an inability. It’s economics. Traditional / moral justification of behavior is massively cheaper (“computationally less expensive” for monkey brains) than thorough consideration (and due diligence) of all present options.

    It’s much easier to discount only “usual” paths of action in line with one’s ancestral moral biases (that lead to the same kind of outcomes one has always been able to expect) than to consider “unusual” paths with SCARY UNFORESEEN CONSEQUENCES.”— John Jost

    No, I get it. What I am saying that we failed to do is recognize the transition between human scale and intuitionistic cost, and post-human scale and critical costs.

    In other words, when we hit post-human scale in the industrial revolution, we obtained the benefits without paying the cost of increasing our truth tests from the intuitionistic and justificationary to the procedural and critical.

    But that’s a great way to put it. thx.

    Source date (UTC): 2016-08-31 03:46:00 UTC

  • THE DIFFERENT EQUILIBRIA Ghengis Khan equilibrium(power to command regardless of

    THE DIFFERENT EQUILIBRIA

    Ghengis Khan equilibrium(power to command regardless of knowledge)

    vs

    Pareto Equilibrium (assumption of pervasive knowledge)

    vs

    Nash Equilibrium (assumption of local knowledge)

    vs

    Market equilibrium (assumption of self and price knowledge)

    Source date (UTC): 2016-08-30 06:15:00 UTC

  • PSYCHOLOGISM VS INCENTIVES I tend to ignore psychological states, and stick with

    PSYCHOLOGISM VS INCENTIVES

    I tend to ignore psychological states, and stick with observed actions, since reported ‘belief’ and demonstrated behavior are so widely different. So I would say you can insure something yourself at which point you do not have rights or property, only things under your control given the amount of resistance you can put up, versus when you and your possessions are insured by a group, where you have rights to call upon them to increase the amount of resistance you can put up.

    As David Mondrus has suggested, this is the dividing line between libertarianism and propertarianism.

    Source date (UTC): 2016-08-27 05:13:00 UTC

  • MONOPOLY THINKING IN ECONOMICS: THE CALCULATION PROBLEM IS MONOPOLY-THINKING Eve

    MONOPOLY THINKING IN ECONOMICS: THE CALCULATION PROBLEM IS MONOPOLY-THINKING

    Even if you can solve the calculation problem (decision) you cannot solve the incentive problem, nor the innovation problem, meaning that you can create a tri-part economy with (a) a market for discovery, (b) with some common production of commodities such as energy and rice (c) and a military economy where there is little innovation.

    But then, this mirrors what occurs in both market and mixed economies (ask the people who produce paper products). Whether we discuss calculation ( planning production) or incentive (personal choices) the problem is the same. discovery and innovation, voluntary organization (incentives), and commodity production, and virtual slave labor (military), all weigh incentives, calculation, and innovation differently.

    We always have mixed economies, the question is how much interference do we put into them? The answer is, that we use voluntary, semi-voluntary, and involuntary organizations of production depending on the production and innovation cycle, and the ability or inability of the market to solve the problems.

    Markets are bad at military orders (homogenous interests) and markets are great at consumption orders (heterogeneous interests), And mixed production is superior at those orders that voluntary organization is difficult to produce (some civic commons). We incorrectly place this as “market Failure.

    But it’s just using the right organization for the job.

    Source date (UTC): 2016-08-26 04:32:00 UTC

  • Q&A: MR DOOLITTLE: QUESTION ABOUT ECONOMIC ORDERS —“Can you please elaborate o

    Q&A: MR DOOLITTLE: QUESTION ABOUT ECONOMIC ORDERS

    —“Can you please elaborate on this “Once cheap labor stops, and marginal differences in knowledge are exhausted, what remains is a nation’s ability to dynamically reorganize production in real time, and to competitively innovate in real time.”

    Are you saying that productivity and innovation are not dependent on a nation’s wealth, size or population, but instead on how it organizes its existing resources to achieve maximum output? Basically, higher social capital = better long term growth and innovation?”—

    Yes. Thank you, I don’t think of putting it that way. But for example, Switzerland, Denmark, Sweden, Norway, are small countries with small populations. But they are homogenous germanic peoples with high trust polities. This trust is just like having oil, gold, great farmland, or any other local asset. It’s an economic advantage.

    So all resources being equal, the competitive difference between societies would be determined by the absence of corruption and the presence of rule of law.

    The conflict generally comes with the tradeoff between military, trade, and credit capacity at scale, and ability to suppress corruption and tailor law, policy, and norms to the needs of local groups.

    Source date (UTC): 2016-08-24 07:14:00 UTC

  • FORCING PEOPLE TO COME TO THE TABLE TO TRADE If you don’t understand what I’m do

    FORCING PEOPLE TO COME TO THE TABLE TO TRADE

    If you don’t understand what I’m doing, of course you’ll make the mistake of classifying me as right wing fascist – but it’s not true at all.

    Like my predecessors in sovereignty under judge-discovered, common, natural law, I am trying to limit people to fully informed, productive, voluntary exchanges, free of externalities of the same.

    So I advocate for the use of natural law, to incrementally suppress, parasitism by all means, through the use of common, judge discovered, empirical law. Strictly constructed from the first principle of natural law (NPP), consisting of whereas (problem), whereas (objective), therefore (prohibition), by (these means), claim (proof), warranty (judge).

    This creates (a) a market for reproduction: family, (b) a market for production of goods and services(consumption), and (c) a market for commons (investments).

    The only anywhere near-fascist part of my proposition is paying people who lack demonstrated ability to create the moral hazard of producing offspring, to not force their costs upon us, and to be punished if they do, like any other criminal.

    I do not understand why a person has some natural right to reproduction any more than the natural right to murder, violece, theft, and fraud in its many incarnations.

    They do not and cannot. And it was just as strange to our ancestors who passionately objected to our forcible prohibition on intertribal warfare, and inter-kinship feuds, and punishment of petty thefts, and standard of weights and measures, and prohibitions against frauds, and requirements against warranty. None of us wants constraints on our parasitism of others, because it increases the costs and effort we must bear if we are to persist.

    But that is what has been and will forever remain, good for mankind: the incremental suppression of parasitism by each means until there remains no possible method of parasitism available, and we have no other choice for survival than cooperation by engaging in fully informed, productive, voluntary exchange, limited to externality of the same criteria.

    Curt Doolittle

    The Propertarian Institute

    Kiev, Ukraine

    [1] NPP refers to Non Parasitism Principle: the requirement for fully informed, productive, warrantied, voluntary transfer, limited to externality of the same criteria.

    Source date (UTC): 2016-08-24 06:01:00 UTC

  • STATE HEALTHCARE IS NOT A PROBLEM IF ITS NOT A MONOPOLY The problem is MONOPOLY

    STATE HEALTHCARE IS NOT A PROBLEM IF ITS NOT A MONOPOLY

    The problem is MONOPOLY healthcare. As long as private care and hospitals are available, and the wealthy are paying for time and customer service, they will continue to pay for research and development, and the STATE healthcare can provide commodity services. The problem is not that this arrangement wouldn’t provide better care all around, but that the state cannot bear competition under which state health care would always be considered by the market to be inferior, and therefore pressure higher on the state.

    Source date (UTC): 2016-08-24 04:35:00 UTC

  • It’s a tautology. An apriori statement is “minimum wages will cause increases in

    It’s a tautology. An apriori statement is “minimum wages will cause increases in unemployment”.

    Source date (UTC): 2016-08-23 19:01:12 UTC

    Original post: https://twitter.com/i/web/status/768161181705973760

    Reply addressees: @Lord_Keynes2

    Replying to: https://twitter.com/i/web/status/768158926521012224

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    Original post: https://twitter.com/i/web/status/768158926521012224

  • And it has more to do with why we focus on liquidity and interest distributed th

    And it has more to do with why we focus on liquidity and interest distributed through credit, rather than improve information.

    Source date (UTC): 2016-08-23 18:23:19 UTC

    Original post: https://twitter.com/i/web/status/768151648812269568

    Reply addressees: @Lord_Keynes2

    Replying to: https://twitter.com/i/web/status/768114061615570946

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  • That said, if you mean does the natural rate of interest assist in the targeting

    That said, if you mean does the natural rate of interest assist in the targeting of supply, given the world fin. system, yes.

    Source date (UTC): 2016-08-23 18:20:02 UTC

    Original post: https://twitter.com/i/web/status/768150824698646529

    Reply addressees: @Lord_Keynes2

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    Original post: https://twitter.com/i/web/status/768114061615570946