Rents eliminate flexibility because alternative networks of incentives cannot be constructed without destroying the rent seeking order.
Source date (UTC): 2016-02-17 18:35:35 UTC
Original post: https://twitter.com/i/web/status/700025816114143232
Theme: Incentives
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All human organizations grow to the point of maximum rent extraction, then fail
All human organizations grow to the point of maximum rent extraction, then fail when subject to shocks. Rents eliminate flexibility. Why?..
Source date (UTC): 2016-02-17 18:34:35 UTC
Original post: https://twitter.com/i/web/status/700025564191703040
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TRUTH: They want to export risk upon us to obtain consumption. We want to export
TRUTH: They want to export risk upon us to obtain consumption. We want to export constraint on consumption upon them to obtain safety.
Source date (UTC): 2016-02-17 17:01:32 UTC
Original post: https://twitter.com/i/web/status/700002149149904896
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It’s trivial to grasp the challenge of plague and war. It is difficult to unders
It’s trivial to grasp the challenge of plague and war. It is difficult to understand constructing incentives. Cognitive Bias is forever ours
Source date (UTC): 2016-02-17 13:40:00 UTC
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Rents eliminate flexibility because alternative networks of incentives cannot be
Rents eliminate flexibility because alternative networks of incentives cannot be constructed without destroying the rent seeking order.
Source date (UTC): 2016-02-17 13:38:00 UTC
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The most difficult shocks for any civilization to survive are exceeding the ince
The most difficult shocks for any civilization to survive are exceeding the incentives to organizing production, then, plague, and war.
Source date (UTC): 2016-02-17 13:38:00 UTC
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All human organizations grow to the point of maximum rent extraction, then fail
All human organizations grow to the point of maximum rent extraction, then fail when subject to shocks. Rents eliminate flexibility. Why?..
Source date (UTC): 2016-02-17 13:34:00 UTC
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TRUTH: They want to export risk upon us to obtain consumption. We want to export
TRUTH: They want to export risk upon us to obtain consumption. We want to export constraint on consumption upon them to obtain safety.
Source date (UTC): 2016-02-17 12:01:00 UTC
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Truth: Owner-Managers have only daily control and income streams (salaries). In
Truth: Owner-Managers have only daily control and income streams (salaries). In all other respects, they work for layers of creditors.
Source date (UTC): 2016-02-17 10:22:40 UTC
Original post: https://twitter.com/i/web/status/699901769506299905
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Truth: Public company shareholders are high risk creditors secured only by insol
Truth: Public company shareholders are high risk creditors secured only by insolvency in exchange for liquidity(exit) – the rest is myth.
Source date (UTC): 2016-02-17 10:19:50 UTC
Original post: https://twitter.com/i/web/status/699901056822677504