Curt Doolittle

Theme: Incentives

  • Economic Thinking = Full Accounting

    [E]conomic thinking (equilibrialism), which can also be referred to as ‘full accounting’, is unnatural since humans minds evolved a bias toward recalling ‘what worked last time’, not ‘what is true” or “what is complete”. We are pretty good at moral intuitions – not imposing costs physically (crimes), interpersonally (Ethics) or by externality (morals). But we are not able to explain those intuitions in rational terms as other than feelings taht physical (criminal), interpersonal (ethical) and external (moral) costs are somehow bad. Economics gives us this language.

    However, economics can be used to IMPROVE this information, or it can be used to DISTORT this information. The difference between mainstream economics(rule-by-credit) and austrian economics (institutions of cooperation) is that the way Austrians seek to improve our lot is by improving information without criminal, unethical, or immoral policy. While mainstream economics forgives criminal, unethical, and immoral policy if it suits socialistic (collectivist) ends. Full accounting of costs tell us that the net balance of mainstream economics is dysgenia, and the net balance of Austrian economics is eugenic. For obvious reasons it is not possible under democracy to make use of the traditional western eugenic policies. Whereas democracy mandates that dysgenic policies will be followed – nothing else is possible. Democracy = Dysgenia, Aristocracy (meritocracy) = Eugenia. It’s not complicated. But the consequences are profound.

  • Man is Rational. He Follows Incentives.

    **[M]an is not good or bad, he is rational in his choice of cooperation, parasitism, or predation. We must provide him the incentive to choose cooperation. We must not pretend he does not need the incentive.**

  • Man is Rational. He Follows Incentives.

    **[M]an is not good or bad, he is rational in his choice of cooperation, parasitism, or predation. We must provide him the incentive to choose cooperation. We must not pretend he does not need the incentive.**

  • **Man is not good or bad, he is rational in his choice of cooperation, parasitis

    **Man is not good or bad, he is rational in his choice of cooperation, parasitism, or predation. We must provide him the incentive to choose cooperation. We must not pretend he does not need the incentive.**

    Source date (UTC): 2016-04-06 02:26:00 UTC

  • RUSSIAN LESSON OF THE DAY SUPPLY AND DEMAND спрос и предложение spross y pred-lo

    RUSSIAN LESSON OF THE DAY

    SUPPLY AND DEMAND

    спрос и предложение

    spross y pred-lo-zhennia

    “demand and supply”

    Supply and Demand

    TRAGEDY OF THE COMMONS

    Трагедия общественного достояния

    Tragediya obshchestvennogo dostoyaniya

    tra-jeh-dee-a ob-sha-chest-venn-ogo dost-oy-ann-ia

    “Tragedy of the Public Domain”

    Tragedy of the Commons

    Source date (UTC): 2016-04-05 07:31:00 UTC

  • Economic thinking (equilibrialism), which can also be referred to as ‘full accou

    Economic thinking (equilibrialism), which can also be referred to as ‘full accounting’, is unnatural since humans minds evolved a bias toward recalling ‘what worked last time’, not ‘what is true” or “what is complete”. We are pretty good at moral intuitions – not imposing costs physically (crimes), interpersonally (Ethics) or by externality (morals). But we are not able to explain those intuitions in rational terms as other than feelings taht physical (criminal), interpersonal (ethical) and external (moral) costs are somehow bad. Economics gives us this language.

    However, economics can be used to IMPROVE this information, or it can be used to DISTORT this information. The difference between mainstream economics(rule-by-credit) and austrian economics (institutions of cooperation) is that the way Austrians seek to improve our lot is by improving information without criminal, unethical, or immoral policy. While mainstream economics forgives criminal, unethical, and immoral policy if it suits socialistic (collectivist) ends.

    Full accounting of costs tell us that the net balance of mainstream economics is dysgenia, and the net balance of Austrian economics is eugenic.

    For obvious reasons it is not possible under democracy to make use of the traditional western eugenic policies. Whereas democracy mandates that dysgenic policies will be followed – nothing else is possible.

    Democracy = Dysgenia, Aristocracy (meritocracy) = Eugenia.

    It’s not complicated. But the consequences are profound.

    Source date (UTC): 2016-04-05 03:07:00 UTC

  • Why kill the creature that if domesticated will provide you with such exceptiona

    Why kill the creature that if domesticated will provide you with such exceptional returns?

    Source date (UTC): 2016-04-04 11:47:23 UTC

    Original post: https://twitter.com/i/web/status/716955320447270912

    Reply addressees: @CharleeYeager @ReactionaryIan

    Replying to: https://twitter.com/i/web/status/716944488040521728

    IN REPLY TO:

    @ChuckkkHoover

    @curtdoolittle @ReactionaryIan Curt, if a wolf is killing your sheep (just in its nature), do you try to domesticate it or shoot it?

    Original post: https://twitter.com/i/web/status/716944488040521728

  • IQ GREEDY ALGORITHM They’re our Jews. No one else can have them. We paid for the

    IQ GREEDY ALGORITHM

    They’re our Jews. No one else can have them. We paid for them. Their ours. Now to just domesticate them. That’s easy: Truth 😉

    —Curt, if a wolf is killing your sheep (just in its nature), do you try to domesticate it or shoot it?—

    Excuse me for pointing out the obvious. But where do you think dogs that guard sheep come from?

    Why kill the creature that if domesticated will provide you with such exceptional returns?

    Think of investments and returns. 😉

    Source date (UTC): 2016-04-04 10:02:00 UTC

  • WE ARE COMPETITORS NOT ALLIES, NOT FRIENDS 1) we are competitors not allies. We

    WE ARE COMPETITORS NOT ALLIES, NOT FRIENDS

    1) we are competitors not allies. We cooperate economically for mutual gain. But if cooperation requires that we sacrifice to increase the numbers of our competitors then this is not beneficial but parasitic and suicidal.

    2) you do not understand economics. To move every human in a network requires the application of marginal differences in incentives. This requires vast capital. It is through vast capital applied as incentives that we produce the voluntary organization of production.

    3) The mistakes you are making are a) that we are kin rather than competitors, b) that it is possible to organize by any other means c) that the world poor would not continually breed us into perpetual poverty d) that the objective we must pursue is the prevention of the poor from reproducing.

    4) Islam is a cancer that the west, the Russians, the Africans, the Hindus, and the East Asians need eradicate from this earth. Muslims are the only remaining uncivilized people on earth – and outside of Africa’s good christians, the dumbest people on earth. We must end Islam forever.

    Is that clear enough?

    Source date (UTC): 2016-04-04 03:28:00 UTC

  • How about we cut off the financial sector, directly redistribute liquidity, AND

    How about we cut off the financial sector, directly redistribute liquidity, AND reinstitute the Duel?

    Source date (UTC): 2016-04-02 12:07:16 UTC

    Original post: https://twitter.com/i/web/status/716235548134916096

    Reply addressees: @GhostOfCaesar

    Replying to: https://twitter.com/i/web/status/716233585515048960

    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/716233585515048960