Theme: Incentives

  • OBVERSE THEORY, REVERSE CRITICISM: EXTERNALITIES? If we choose to try to fix thi

    OBVERSE THEORY, REVERSE CRITICISM: EXTERNALITIES?

    If we choose to try to fix this problem in society better than the market will, then, (a) what will we not fix instead, (b) what will we un-fix that the market of commons has fixed already, (c) what negative externalities will be created that we did not think of?

    Impulsivity is for answering the cries of children. Love of man requires doing no harm.


    Source date (UTC): 2016-01-19 05:56:00 UTC

  • Is Keynsian Economics Better For America Than Austrian Economics?

    THIS IS THE MOST ACCURATE FRAMING OF THE ECONOMIC MOVEMENTS CURRENTLY AVAILABLE TO US.

    1 – Austrian economics seeks to eliminate asymmetries of knowledge so that people can cooperate voluntarily under the optimum possible conditions.  So as a movement, Austrian economics was a social science.  In other words, they want to improve our information.

    2 – American (Chicago) economics seeks to identify rule of law, so that economics can be constructed as a formula under rule of law – eliminating discretionary toying with the economy, just as rule of law eliminates discretionary toying with the polity.  In other words, they want to manipulate information as little as possible.


    3 – Saltwater (New York/California) economics seeks to identify the maximum disinformation that the government can insert into the economy with which to farm taxes, consume, and redistribute them, while preserving the incentive to keep working and risking capital (the hamster wheel), and to create sufficient knowledge of how to use disinformation that policy makers have full discretion.


    https://www.quora.com/Is-Keynsian-economics-better-for-America-than-Austrian-economics

  • Is Keynsian Economics Better For America Than Austrian Economics?

    THIS IS THE MOST ACCURATE FRAMING OF THE ECONOMIC MOVEMENTS CURRENTLY AVAILABLE TO US.

    1 – Austrian economics seeks to eliminate asymmetries of knowledge so that people can cooperate voluntarily under the optimum possible conditions.  So as a movement, Austrian economics was a social science.  In other words, they want to improve our information.

    2 – American (Chicago) economics seeks to identify rule of law, so that economics can be constructed as a formula under rule of law – eliminating discretionary toying with the economy, just as rule of law eliminates discretionary toying with the polity.  In other words, they want to manipulate information as little as possible.


    3 – Saltwater (New York/California) economics seeks to identify the maximum disinformation that the government can insert into the economy with which to farm taxes, consume, and redistribute them, while preserving the incentive to keep working and risking capital (the hamster wheel), and to create sufficient knowledge of how to use disinformation that policy makers have full discretion.


    https://www.quora.com/Is-Keynsian-economics-better-for-America-than-Austrian-economics

  • Would The Poor Have Better Standards Of Living In A Perfect Free Market Economy?

    A perfect free market economy is no more possible than a perfectly managed economy.   That is because people at a material disadvantage use collective bargaining (the government) to gain advantage.

    https://www.quora.com/Would-the-poor-have-better-standards-of-living-in-a-perfect-free-market-economy

  • Why Is Neoliberalism So Prevalent In The U.s.?

    Women voters, and the profitability of selling education that appeals to future women voters.  And the profitability of selling consumption to women voters in their role as consumers. 


    Really.  That’s the reason.

    https://www.quora.com/Why-is-neoliberalism-so-prevalent-in-the-U-S

  • Why Is Neoliberalism So Prevalent In The U.s.?

    Women voters, and the profitability of selling education that appeals to future women voters.  And the profitability of selling consumption to women voters in their role as consumers. 


    Really.  That’s the reason.

    https://www.quora.com/Why-is-neoliberalism-so-prevalent-in-the-U-S

  • not intelligence, helps men have more sex,” says Dr. Hopcroft, the UNC sociologi

    http://www.maxim.com/maxim-man/does-intelligence-affect-your-sex-life-2016-1—““Money, not intelligence, helps men have more sex,” says Dr. Hopcroft, the UNC sociologist. “In and of itself, intellect won’t do the trick. But intelligence helps them get money.””—


    Source date (UTC): 2016-01-17 12:49:00 UTC

  • WHERE HOPPE SHINES If Hans Hoppe is reasoning using incentives he’s flawless. I

    WHERE HOPPE SHINES

    If Hans Hoppe is reasoning using incentives he’s flawless. I hang on his every word. We just need to keep him away from justificationism and he’s safe. In other words, he’s a much better economist(social scientist) than philosopher(testimonial scientist.). I’m beginning to think that ‘testimonial science” (philosophy), is the hardest subject of all. We are not evolved for truth telling. We are evolved for negotiation on cooperation. And while he does very well, his upbringing in philosophy is an albatross that burdens his legacy. If he, unlike most, but perhaps like Russell, admitted this prior to his death he would be remembered as one of the greats I think.


    Source date (UTC): 2016-01-17 08:14:00 UTC

  • Dont’ confuse meaning with incentive. People do not act by meaning. They act by

    Dont’ confuse meaning with incentive. People do not act by meaning. They act by incentives.


    Source date (UTC): 2016-01-17 08:06:00 UTC

  • Lower prices are not an intrinsic good. They appear to be bait for consumption.

    Lower prices are not an intrinsic good.

    They appear to be bait for consumption.

    Higher productivity is hard to argue is not an intrinsic good.

    Saving the Results of Productivity Increases, rather than expanding the population, appears to be an intrinsic good.

    In other words, encouraging hyper-consumption is an attack on the commons.


    Source date (UTC): 2016-01-17 04:14:00 UTC