Theme: Incentives

  • Max (all) Double down on “stress” (a) wealth is the result of the amount of capi

    Max (all)
    Double down on “stress”

    (a) wealth is the result of the amount of capital you can bear responsibility for.
    (b) you gain responsibility because people give it to you.
    (c) people give responsibility to you because they think you can do something with it they can’t do as well themselves.
    (d) The more you are responsible for the more risks you have to mitigate from other people who are as equally competitive because they are equally responsible, and equally trusted.
    (e) The more risks from the more people you have to mitigate in competition with people who are equlally responsible, competitive, and mitigating,
    (f) the trade off is that the quality of opportunities for you to gain responsibility for, mitigate, and profit from, increases, so that you have inverted the supply demand curve facing all people who want to gain wealth. And the quality of people you deal with are more responsible themselves, more capable themselves, and mitigate more effectively themselves.
    (g) And eventually you run into the problem of seeking returns that are no longer from holes in the market unserved by people with more wealth than you have, but competing for commodity opportunities that require vast wealth even to participate in, and which are subject to political risk.
    (h) meanwhile all wealth is subject to entropy (depreciation).
    (i) So every step in that process increases stress.

    I don’t think it’s possible for the average person to comprehend how hard people work who have a great deal of money, nor the condition of stress they are under the entire time. Nor how prescious any time away from that stress is. Nor how impossible it is to escape it at all. You must treat every person you interact with as wanting something from you. You can only really trust a few close people. And a yacht for example is a reprieve, and worth every cent – simply because people can’t get to you. 😉

    I know myself, running companes across north america and europe, and with customers worldwide, that I can outwork most people. But there are people who can outwork me, and people for whom outworking me is simply much easier, and less stressful. You must process information and make decisions and judge people constantly.

    In other words, just as there are sports athletes there are social athletes, work athletes, and intellectual athletes. And most of us understand that atletics of each kind combines some kind of strength with one thing: endurance that is unberable and unimaginable by the majority.

    Cheers

    Reply addressees: @themaxstoic


    Source date (UTC): 2023-07-13 14:37:16 UTC

    Original post: https://twitter.com/i/web/status/1679500243765788672

    Replying to: https://twitter.com/i/web/status/1679493486070976514

  • TAXES DON’T SOLVE INEQUALITY. HOW TO FIX IT? No you cannot reduce inequality wit

    TAXES DON’T SOLVE INEQUALITY. HOW TO FIX IT?
    No you cannot reduce inequality with taxes.
    You can:
    Structure your economy for employment (instead of prices) -reducing need for taxes and redistribution.
    Compensate for market failure by producing a labor economy for the production of commons – reducing need for taxes and redistribution: note that this demand is going to increase rapidly as technology continues to increase.
    Require work for redistribution – producing returns on redistribution.
    Increase employability of citizens within their ability limits – reducing need for taxes and redistribution.
    Eradicate rent seeking, socialization of losses, privatization of commons, and corruption – reducing need for taxes.
    Limit utility, bureacracy, state, and education ‘income capture’, in particularly prohibiting unions – reducing need for taxes.
    Convert consumer interest, insurance, employment, medical, and retirement savings to non-profits under the treasury, invest those ‘institutional investments’ in the economy – reducing need for taxes.
    Convert the Academy and Medical industries to professional-run, and end all administrative personnel who consume the majority of costs.
    Restore ability to hire by tests of IQ and personality thereby ending the need for 100k education debt as a substitute.
    Reduce education over 13 to part time and begin part time employment for the young. Socialization and economic education are more important than indoctrination.
    Improve education by replacing instruction with ‘gaming’.
    Continue govt funding of research but structure as public private, keeping part of the profits of R&D in the treasury reducing neede for taxes.
    Form public-private businesses for the provision of utilities (most of which would include telco, video, data, cell, and run them as non-profits.).
    End the immigration problem that seeks to keep wages low, at the expense of social destruction (bowling alone). And restore requirement for full integration before admission.

    And I can continue this list for pages and pages.

    In other words, we make the economy better by ending bads that indirectly produce goods, rather than try to produce goods that always and everywhere produce bads by externality.


    Source date (UTC): 2023-07-13 13:49:18 UTC

    Original post: https://twitter.com/i/web/status/1679488171162193920

  • What were those biolabs researching and why was the USA funding that research in

    What were those biolabs researching and why was the USA funding that research in Ukraine? (I know. Do you?) ;).

    Clue: wage rates.


    Source date (UTC): 2023-07-09 18:37:03 UTC

    Original post: https://twitter.com/i/web/status/1678111035079954433

    Reply addressees: @MikeFor44857211 @ricwe123 @ThruTheHayes

    Replying to: https://twitter.com/i/web/status/1678110694313541632

  • It is incredibly easy for people with biases or interests, the resulting malince

    It is incredibly easy for people with biases or interests, the resulting malincentives, energy to pursue those malincentives, using verbal acuity, and intelligence to overload the logical facility of more than half of the population. And if we include those who are empathic… https://twitter.com/patriciamdavis/status/1677738503545958400


    Source date (UTC): 2023-07-09 00:53:51 UTC

    Original post: https://twitter.com/i/web/status/1677843473179856898

  • The counter to anti-fiat arguments, is that there is no reason one has the right

    The counter to anti-fiat arguments, is that there is no reason one has the right to preservation of the purchasing power of any asset including money, when instead value can be parked in any number of assets not constantly diluted by inflation of the money supply.


    Source date (UTC): 2023-07-06 19:50:54 UTC

    Original post: https://twitter.com/i/web/status/1677042459447279616

    Reply addressees: @andyinsdca @patriciamdavis @MahmoudEng4 @RobOU812Rob @TheAutistocrat @_faraharif

    Replying to: https://twitter.com/i/web/status/1677039168856420352

  • Technically speaking the function of fiat currency is to prevent the financial s

    Technically speaking the function of fiat currency is to prevent the financial sector from seeking interest as rents, with profits obtained by non-contribution to production.

    Worse it’s not clear that once we have fiat currency and borrow from our own collective future rather…


    Source date (UTC): 2023-07-06 19:48:18 UTC

    Original post: https://twitter.com/i/web/status/1677041802472292352

    Replying to: https://twitter.com/i/web/status/1677039168856420352

  • FEMALE > JEWISH > MARXIST STRATEGY I’d explain again in detail, but I’m tired. ;

    FEMALE > JEWISH > MARXIST STRATEGY
    I’d explain again in detail, but I’m tired. 😉

    Simple version:
    Females want attention, hyper consumption, are descriminative in shopping, superior at verbal but inferior at mechanical skills, are devoted but not loyal, want will monkey branch when possible, climb social ladders, evade responsibility for commons, seek free riding and rent seeking whenever possible, willingly profit by seduction into false promise, and war by undermining, sedition, and treason, while hiding behind claims of innocence, victimhood and plausible deniability. And it doesn’t matter if they’re progressive (majority) or conservative (minority).

    Why: “All jews are female.” It’s instinctual.

    I’ve spent decades on this problem and so has MacDonald. And it’s fascinating that underneath it all, it’s that simple: instinct.

    So can you blame women for behaving like women or do you blame men for letting them? Do you blame jews and muslims for their behavor or do you blame europeans for tolerating it.

    The hard problem (and I haven’t solved it yet) is why do we tolerate female antisocial behavior whether at small or large scale? Why is it that we put up with female antisocial behavior from our women and from the jews who use the same strategy (but are more capable)?

    Reply addressees: @FarajRashi93307 @_faraharif


    Source date (UTC): 2023-07-04 23:44:19 UTC

    Original post: https://twitter.com/i/web/status/1676376422963728384

    Replying to: https://twitter.com/i/web/status/1676373875783868417

  • “WE MUST COMPROMIZE BETWEEN SEXES ON REALS NOT FEELZ” His Criticism: –“It’s not

    “WE MUST COMPROMIZE BETWEEN SEXES ON REALS NOT FEELZ”

    His Criticism:
    –“It’s not delayed gratification it’s overall prioritization. On the right, they value, surplus/patience, and well on the left they see the comparison/competition game zero sum. Different priorities, and group dynamics equals priority polarization, polity, polarization. Patience is a virtue but instinct is what saves your life in a pinch. Being reactionary, in the sense that you would be willing to throw, the first punch is why this trait would be adaptive. Being calculated is not smart if you are surrounded by insurgence and your only hope for survival is to put on the warpaint and start collecting scallops. The salmon in left field surrounded. They feel patriarchical oppressed. Femininity is acting out of instinct. Femininity is acting out of instinct and calling that behavior irrational is just stupid. When you have to impose rule of law, by force it is not natural law. You can’t have natural selection without sexual selection. You can’t have order without achieving a consensus of the sexes. The constant demonization of the feminine is so childish.”— Scott

    My Response:

    As usual, I’m using the terms from the sciences: psychological research, behavioral economics, and law. And how we must develop maturity by developing maturity (agency, responsibility) by self-awareness, self-regulation, and self-determination to engage in reciprocity (cooperation), and how to preserve reciprocity at social, economic, political, and strategic (international) scale.

    You are confusing the meaning of terms:

    1) prioritization (rational) with time preference and delayed gratification (instinctual).

    2) reasonableness (justification of impulse, instinct) with rationality (rational agency)

    3) infantile non-rational instinctive impulse in time vs mature, mindful agency over time (time preference).

    4) Natural Selection by Instinct and Impulse (in time) vs Natural Selection by evidence and prediction (over time).

    5) And you are doing so to avoid the responsibility of maturity (agency, responsibility)

    6) And by doing so, demonstrating that if true (impulsive, non-rational, infantilized, irresponsible), then these are not people competent for participatory government, participation on juries, or bearing responsibility for regulation of behavior in the commons.

    7) And you’re evading the difference between the sexes as evolutionary exchange between men responsible for defense, territory, resources, and attention (priority in resource allocation) in exchange for sex, care, the work of food preparation, affection, and the resulting sex differences in instinct: males responsible for defense, order, hierarchy (speed of action and coordination), space, resources, and yes their ‘women’, and female’s responsibility for herself, herself when vulnerable during pregnancy in particular, herself when vulnerable because of her children, and the vulnerability of her children, and the disproportionate caloric demands between men versus women and their children. The result is that males and females differ by systematizing over time, responsibility and risk for defense, order, resources, scarcity, and intuition to model and predict space-time-resources-tools over time, vs female irresponsibility for those political assets and limiting herself to responsibility in-time to care for her (50% or higher death rate) children, by the extension of her (non-rational) intuition to cover that of her children. So the sex difference is reducible to differences in responsibility in time.

    8) Justification of the feminine is the justification of the infantilized, and justification of the infantilization is advocacy for degeneracy, and leftism (the feminine) is the political means of advocating degeneracy and devolution – because what is leftism?

    Leftism is feminine: the evasion of responsibility for self-regulation and other-regulation, for the purpose of avoiding the conflict that arises from attempting to ‘adult’ (mature) others sufficiently for advanced civilization, and in particular for participatory government. The feminine vote left more than the masculine precisely because they seek evasion of responsibility for private and common. And the crisis of the age, like the crisis of the ancient world, is due to the introgression of a feminine cult (Christianity (Abrahamic sequence) -> Marxist-to-woke Sequence), which denies the four sets of laws of nature: the physical (scarcity), the behavioral (acquisition, self interest, envy), the evolutionary (mutation, load, regression to the mean, class hierarchy, and necessity of natural selection), and formal Sciences (the logics we use to explain each of the other three sciences).

    So quite the opposite. The crisis of the age is the ongoing attempt to integrate women, immigrants and semitic (slave, Jewish) civilization’s philosophy into aristocratic European civilization’s maximization of individual responsibility – just as Rome(aristocratic, European) did attempt to integrate women, immigrants, and slaves, using Jewish civilization’s philosophy: a religion of false promise of freedom from responsibility by claiming virtue in that irresponsibility, to be awarded after death.

    We will, (and my work serves this purpose) modify our law to end female antisocial, anti-economic, and anti-political behavior and those who will prey on it by offering false promises of freedom from responsibility and ignoring the four domains of the laws of the universe. Or we will suffer the fate of every other civilization that has granted women the opportunity for political participation: extermination, or every other civilization that has adopted the feminine (Islam) – which has destroyed the seven great civilizations of the ancient world, their arts, letters, technology, wisdom, and reduced them to dysgenic stagnation unable to adapt to modernity.

    So not only don’t I err. I’m explaining the cause of the crisis of the age as a failure to domesticate women into responsibility necessary for a participatory economy and government – both of which require responsibility and the demand for responsibility regardless of our instincts and intuitions to avoid responsibility and remain ‘children’ at all times.

    I don’t make the laws of nature. I do, however, write the laws that prohibit lying about them.

    Cheers


    Source date (UTC): 2023-07-04 16:38:48 UTC

    Original post: https://twitter.com/i/web/status/1676269339526275075

  • France is ‘good’ because it’s selfish, self confident, arrogant, and untrusting

    France is ‘good’ because it’s selfish, self confident, arrogant, and untrusting and so tries to maintain power and economic autarky that is possible for her but not possible for the rest of Europe (yet). And she has the population, agrarian and transport resources to do so,


    Source date (UTC): 2023-07-03 04:39:53 UTC

    Original post: https://twitter.com/i/web/status/1675726030152114176

    Reply addressees: @FlashGorgone

    Replying to: https://twitter.com/i/web/status/1675723529528942592

  • Exactly. Though, my point was that we should expect to see a normal distribution

    Exactly. Though, my point was that we should expect to see a normal distribution that mirrors the economic necessity of the business.

    Funny that while in my long career, I treat employees and customers as ‘green’ (money). But that’s also a property of my industries (art, technology, legal theory). I would not expect an employee to service someone who was acting offensively within the limits of western morals and ethics. In other words, Muslim intolerance has no place in a professional industry. But Christian intolerance for immorality might. And political intolerance certainly might be if it was brought into the commercial context.

    So I’ve been on the side of the personal service sector’s want of refusing service for any reason. Including ‘face control’ at restaurants, clubs, and venues. But certainly those bakers who didn’t want to make a cake for a marriage they disapproved of.

    When we get to large scale impersonal retailers the individuals and the ‘market’ can arrange a boycott and an attack on the stock. But I think most of us would prefer that political contentious content be limited to political venues. I would prefer any scale retailer remove politically contentious content from the inventory, and leave that business to people who prefer it.

    When we get to large financial institutions, or telcos, electric, water, or oil and gas, that are an extension of the government because they are insured by the government, that’s a different story. That’s impersonal commodity service.

    Reply addressees: @LongerAdem2 @JustTheFacts_68 @RyanShead


    Source date (UTC): 2023-06-30 18:38:00 UTC

    Original post: https://twitter.com/i/web/status/1674849786204127247

    Replying to: https://twitter.com/i/web/status/1674846404605353985