Theme: Incentives

  • No one likes paying for the invisible architectural improvements that make margi

    No one likes paying for the invisible architectural improvements that make marginal cases possible. 🙁


    Source date (UTC): 2015-11-03 21:36:58 UTC

    Original post: https://twitter.com/i/web/status/661658351319834624

    Reply addressees: @JayMan471

    Replying to: https://twitter.com/i/web/status/661658096796848129


    IN REPLY TO:

    Unknown author

    @JayMan471 It is not *necessarily* software engineers, but also the priorities of the people who pay software engineers. 🙁

    Original post: https://x.com/i/web/status/661658096796848129


    IN REPLY TO:

    @curtdoolittle

    @JayMan471 It is not *necessarily* software engineers, but also the priorities of the people who pay software engineers. 🙁

    Original post: https://x.com/i/web/status/661658096796848129

  • It is not *necessarily* software engineers, but also the priorities of the peopl

    It is not *necessarily* software engineers, but also the priorities of the people who pay software engineers. 🙁


    Source date (UTC): 2015-11-03 21:35:57 UTC

    Original post: https://twitter.com/i/web/status/661658096796848129

    Reply addressees: @JayMan471

    Replying to: https://twitter.com/i/web/status/661634196734156800


    IN REPLY TO:

    @JayMan471

    I agree. Thx to incompetent/unimaginative software engineers, computers don’t make our lives as easy as they should https://t.co/mDcskLSYgm

    Original post: https://twitter.com/i/web/status/661634196734156800

  • Silly Man Question #1 Would you prefer a 10 who you had to lavish with everythin

    Silly Man Question #1

    Would you prefer a 10 who you had to lavish with everything in order to keep her, an 8 who cares about you but you have conflicting values and goals, or a 6 that is totally devoted and shares all your values?


    Source date (UTC): 2015-10-31 10:12:00 UTC

  • High trust is very different from moral and preferable arguments – it’s competit

    High trust is very different from moral and preferable arguments – it’s competitive economics.


    Source date (UTC): 2015-10-31 10:10:13 UTC

    Original post: https://twitter.com/i/web/status/660398361451896832

    Reply addressees: @ne0colonial @SanguineEmpiric @wargfranklin

    Replying to: https://twitter.com/i/web/status/659869294382047232


    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/659869294382047232

  • “I thought that the zero interest rate, the decrease in the price of oil, the de

    —“I thought that the zero interest rate, the decrease in the price of oil, the depreciation of the euro, the pause in fiscal consolidation, would help more than they have”—


    Source date (UTC): 2015-10-26 14:53:00 UTC

  • THE PREDATORY FINANCIAL SYSTEM

    http://www.amazon.co.uk/Other-Peoples-Money-Universe-Servants-ebook/dp/B00UJD8AS2DISMANTLE THE PREDATORY FINANCIAL SYSTEM

    http://www.amazon.co.uk/Other-Peoples-Money-Universe-Servants-ebook/dp/B00UJD8AS2?


    Source date (UTC): 2015-10-24 19:35:00 UTC

  • REFORMATION OF THE STUDENT LOAN SYSTEM The solution I usually advocate, given wh

    REFORMATION OF THE STUDENT LOAN SYSTEM

    The solution I usually advocate, given what I have learned both from Sowell’s work and the evidence coming in over the past decade, is first, that we should force universities to obtain payment as a deduction from payroll over some number of years, at a maximum of ten percent – with the treasury providing the loans. And in doing so require that administration costs are under twenty percent, and that all increases in their endowments come from contributions.

    Secondly we must separate graduate school research faculty from undergraduate teaching faculty. Without this structure the perverse incentives of the Academy/State/Media complex will persist in privatizing vast amounts of social wealth without warranty of future value.

    The Academy is the largest industry not required to provide warranty on basic goods and services. And like any business that can circumvent warranty, it does so profligately.

    http://marginalrevolution.com/marginalrevolution/2015/10/free-college-tuition-for-everyone.html


    Source date (UTC): 2015-10-23 06:54:00 UTC

  • IF CONTROVERSIAL, CONTRARIANISM Just to state something terribly controversial:

    http://blog-imfdirect.imf.org/2015/10/22/empowering-women-tackling-income-inequality/NECESSARY IF CONTROVERSIAL, CONTRARIANISM

    Just to state something terribly controversial: women currently live in an extreme period of privilege never before extant in history, and despite that privilege continue to seek to expand it even further: a demonstration of hyper-consumption without regard to the future that matches the uniqueness of their privilege.

    I understand that just as the State-Military-Industrial complex served the interests of males and the expansion of the Absolute Nuclear Family, the State, Academy, and Media Complex is incentivized to advance the interests of women, in order to advance the rate of consumption, at the expense of the accumulation of intergenerational capital, and to profit themselves by doing so, just as the church profited by the sale of indulgences: the closest thing to a non-stem-degree history provides for us as analogy.

    But that does not mean that either feminine privilege, expansion of the State, Academy, Media Consumption-Complex, or further expansion of female ‘privilege’ is anything more than an attempt to “Harrison Bergeron” males, destroy not only the Absolute Nuclear Family, but the Nuclear Family, and the Traditional Family as both the central institution of the reproductive, normative, and productive economy, at the expense of males, and transfer rates of reproduction from the productive to the unproductive classes, in total reversal of over three thousand years of soft eugenics through various forms of manorialism, and a thousand years of aggressive eugenics (hanging half a percent of the population or more every year). Both of which were essential to the development of the high trust society and the corresponding economic velocity that made female participation in the work place as well as in politics, a unique possibility.

    Given that the data shows that women voters have been entirely responsible for the constant leftward shift that has granted them greater privilege than was ever available to males, Given that they have voted to ensure the impoverishment of almost all in old age, Given that they have destroyed the family, starting with black families now white. Given that they have voted to destroy rule of law. And given that none of this would have been possible without women voters, and given that the incrementalism displayed by the left continues from equality under the law, to equality in voting, to equality of opportunity to equality of outcome, to privilege for women in outcomes at the expense of increasing suicides and impoverishment of males, it is somewhat hard to ‘make the case’ that more privilege should be given to females, and that instead, perhaps, we should separate the houses by gender, and return to separation of houses by class, so that such privilege is prevented from occurring ever again.

    We just had the female century and the ashkenazi century, and we are overthrowing the mythos of both – mostly generated by Boaz, Marx, Cantor, Mises, the Frankfurt School, the Postmodernists, the feminists, and the Rawlsians – using old fashioned modernism and empirical science. In retrospect these authors have been pseudoscientists, novelists masquerading as philosophers, and outright liars.

    It would perhaps be superior for all if we ended the fallacy of majority rule and returned to a government consisting of a Market For the Production of Commons Between the Classes, in which we conducted voluntary exchanges rather than majority induced ‘privileges’.

    Rule of law was enough. Equality under the law was enough. Voluntary exchange was enough. Science and Public Speech as Truthful Testimony was enough.

    As Hayek warned us, the twentieth century will be remembered in history as one of great wars, the suicide of the west, and as a reaction to Darwin an era of reemergent Mysticism, and the second attempted Conversion of the west by that ‘intentional’ attempt at conquest by conversion of women to the new religion. He unfortunately used the word mysticism rather than pseudoscience and failed to understand the power of the media to implement pseudoscience was just as great as the pulpit was for christianity, and the printing press was for protestantism.

    That is the Contrarian View of Things.

    Curt Doolittle

    The Philosophy of Aristocracy

    The Propertarian Institute

    Kiev, Ukraine


    Source date (UTC): 2015-10-23 06:33:00 UTC

  • HOLLYWOOD, LET ME HELP YOU The movie business doesn’t scale any more than nation

    HOLLYWOOD, LET ME HELP YOU

    The movie business doesn’t scale any more than national narratives do. Understand? Anything interesting for everyone is impassionate for anyone.

    the hero’s journey may be universal but the properties of that journey cannot be universalised.

    I gave the same speech to the newspaper industry in 2008. There is a limit to scale. After that you must represent mini and micro-group interests.

    But this destroys the evangelical self importance of journalists and the financial incentives in news distribution.

    Like government, there is little advantage to scale except credit. Unless studios start getting into the military business they have run out of scale.

    Movies and news are regional, meaning cultural, phenomenon.

    Hence why americans don’t like movies: no heroes are possible without opponents.


    Source date (UTC): 2015-10-20 14:33:00 UTC

  • THE LIMIT OF GOODNESS IN FREE TRADE. The question is rarely free trade but the l

    THE LIMIT OF GOODNESS IN FREE TRADE.

    The question is rarely free trade but the long term strategic and short term civic impact of loss of human capital.

    And trade regulation is like violence and can be put to good or ill.

    Bargaining with it is different from giving away rents. Making use of comparative advantage is different from losing strategic knowledge and capacity.

    Weaponising comparative advantage in labor costs, credit, or technology is fairly easy and a common occurrence.

    The most common example is selling mosquito nets in Africa and driving the local business out, then deciding it isn’t profitable enough of a market. The same is true for driving customer service and choice and quality from a market. Artificially constrained scarcity is frequently used to subsidise excellence in what would otherwise be a lowest common denominator market.

    Shopping malls, tourist areas, City Centers, neighbourhood housing designs, regional building codes, inventory catalog assortments, national product distributions, advanced research and development industries and even elite universities and large industrial employers all practice the desire to maintain the quality and variety or consistency of their offerings. And it is precisely this technique which generates comparative advantage.

    There are no limitless general rules in economics. The limit of the good of free trade is rent seeking but not does not include capital accumulation.

    Lower short term prices at the expense of long term capital is one of the worst possible false efficiencies because it is not in fact productive.

    Just as protection used to fund privatisation and political influence is one of the worst inefficiencies because it is neither productive nor increases capital nor produces discounts for consumers.

    I distrust most current libertarian arguments because they all rely on limitless general rules which cannot exist in economics – a body of thought which describes equilibrial not linear processes.

    So you should mistrust then just as much as any Keynesian restatement of Marxism.

    Curt Doolittle

    The Philosophy of Aristocracy

    The Propertarian Institute.

    Kiev, Ukraine


    Source date (UTC): 2015-10-20 12:24:00 UTC