Theme: Incentives

  • This is a well-understood topic in basic economics. Citizens and Consumers are v

    This is a well-understood topic in basic economics. Citizens and Consumers are vastly cheaper and more productive than slaves. Worse, farm machinery is vastly cheaper than employees or slaves. If slavery was necessary rather than counter-productive it wouldn’t have gradually disappeared with industrialization. It did. Over the next century from 1860 to 1960 we moved from ~70 of the workforce in farming to 10% to 2%. Finally, trade policy from other states would have prohibited use of slaves in production. It was a pointless slaughter of more Americans than the total number of slaves ever imported to the States. We had a dead American for every slave imported.


    Source date (UTC): 2023-02-20 19:35:33 UTC

    Original post: https://twitter.com/i/web/status/1627753843441209359

    Replying to: https://twitter.com/i/web/status/1627750791607123968

  • Again @juicedavis wants to promote ideology verbally to rally people who are als

    Again
    @juicedavis wants to promote ideology verbally to rally people who are also disenfranchised to bring about change. Some of us want to solve the problem for the broader market instead of just the disenfranchised, (who seem incapable of anything but LARPing), because we also want to remove resistance and objection to reforms. In the end it will take people with capacity and responsibility to bring about, and manage change. The larpers lack agency and capability and responsibility already and they really don’t matter as other than agitants.


    Source date (UTC): 2023-02-20 16:37:02 UTC

    Original post: https://twitter.com/i/web/status/1627708920528572416

    Replying to: https://twitter.com/i/web/status/1627706598041976832

  • INTERESTING: The Circle Closes This might be one of the most rapid adaptation cy

    INTERESTING: The Circle Closes
    This might be one of the most rapid adaptation cycles I’ve seen in my lifetime. “Markets Must Crash Before They Adapt.” The sexual marketplace crashed.
    https://youtu.be/eFX9dJYv3n4
    I worked on this issue briefly in 2008, with ‘The Market for…


    Source date (UTC): 2023-02-20 16:33:57 UTC

    Original post: https://twitter.com/i/web/status/1627708144225755137

  • INTERESTING: The Circle Closes This might be one of the most rapid adaptation cy

    INTERESTING: The Circle Closes
    This might be one of the most rapid adaptation cycles I’ve seen in my lifetime. “Markets Must Crash Before They Adapt.” The sexual marketplace crashed.
    https://t.co/AZZoUrgAKU
    I worked on this issue briefly in 2008, with ‘The Market for Affection’. But, I moved on to law. So on human time scales the crash happened. And now the search reorganization is starting and will or won’t recover that market. IMO the market will divide like the polity.


    Source date (UTC): 2023-02-20 16:33:57 UTC

    Original post: https://twitter.com/i/web/status/1627708144070557705

  • RT @PeterZeihan: The first formal hit will be financial sanctions. We are now at

    RT @PeterZeihan: The first formal hit will be financial sanctions. We are now at the point that US investors in China shouldn’t even plan o…


    Source date (UTC): 2023-02-19 23:50:47 UTC

    Original post: https://twitter.com/i/web/status/1627455686765428736

  • Income = irresponsibility (in time) wealth = responsibility (over time) Wealth i

    Income = irresponsibility (in time)
    wealth = responsibility (over time)

    Wealth inequality is necessary because of competency.
    Income inequality is useful in producing incentives.


    Source date (UTC): 2023-02-19 18:51:15 UTC

    Original post: https://twitter.com/i/web/status/1627380309812445187

  • Adam, (all) RE: “The Neuroticism Obsession vs the Oppression Obsession” 1) The m

    Adam, (all)
    RE: “The Neuroticism Obsession vs the Oppression Obsession”

    1) The majority of studies, (and my own research) suggest that the incentive to pursue conspiracy theories originates in feelings of alienation and being out of control in life – because they are true. As such conspiracy theories are means of self-sedation. And that sedation can evolve into an obsession – or what’s a form of addiction.

    2) Feeling out of control, paranoia and self-sedation is consistent across sex differences with conspiracy theories on the right, and male, and oppression theories on the left and female. (Sexes differ in means of expressing antisocial behavior. And the variation in cognitive and emotional dimorphism is evident in the distribution of biases and behaviors in the population.)

    3) The diagnosis of Narcissism is being delegitimized in the vernacular. First, it’s natural for people to disagree. Natural for people to place higher confidence in their bias over that of others. But more so because it is a coping mechanism (means of self-sedation) against developmental challenges or trauma.

    4) So while the claim of narcissism (largely a male behavior) is common, the evidence is that the female oppression narrative is much more endemic, females have and express higher trait neuroticism, magical thinking, and hysteria, and female mental illness and obsession with oppression narratives are one of the most significant mental health crises of our age.

    The question is only why conspiracy theories and oppression narratives are necessary for sedation in a population, and whether the increase is material or one of visibility, and whether it’s caused by alienation isolation and a failure to replace religious indoctrination as the traditional prophylactic with some substitute such as stoicism or Buddhism (and physical fitness for that matter).

    Cheers


    Source date (UTC): 2023-02-19 14:10:25 UTC

    Original post: https://twitter.com/i/web/status/1627309634837966849

    Replying to: https://twitter.com/i/web/status/1626632891307261965

  • RT @ContraFabianist: @WalterIII @tortuga7878 @curtdoolittle In my estimation, it

    RT @ContraFabianist: @WalterIII @tortuga7878 @curtdoolittle In my estimation, it is the behaviours that the imposition of costs produce tha…


    Source date (UTC): 2023-02-18 20:51:31 UTC

    Original post: https://twitter.com/i/web/status/1627048188812349440

  • WHICH FALLACY ARE WE ENGAGING IN? Economics whether neurological, behavioral, mi

    WHICH FALLACY ARE WE ENGAGING IN?
    Economics whether neurological, behavioral, micro, political, or macro, asks us to account for the seen and unseen, which overcomes the tendency to engage in foolish judgments.

    In this case, that the costs are avoidable at all, rather than we are trying to pay the lowest costs by using time to our advantage.

    CONTEXT
    Just as the agrarian age, the age of religion, the bronze age, the iron age, and the steel age radiated outward from different points on the planet, causing disruption, modernity is spreading from the most advanced countries in Northwest Europe to the least advanced, and the most independent and federal to the most occupied and imperial.

    In other words, we overestimate world wars as avoidable. They aren’t. They are part of the necessary progress from early tribal, to agrarian imperial, to industrial-sovereign to post-industrial federation as each empire comes to terms with their loss of ability to contain conquered peoples – and prevent the march of self-determination from spreading around the rest of the planet.

    China and Russia are empires. They consist of predatory and deeply corrupt governments of organized crime syndicates. Unlike the Russians who did, and are returning to, the militarization of the labor pool as a discount, China could use currency and debt to discount the costs of their modernization. The Chinese learned from both Russia and the West.

    India may have escaped the modernization crisis – or rather colonialism removed their choice – though the Hindu-Muslim conflict may yet bring it about. India is, despite its modernization, and the vast talent pool of its upper classes, fundamentally a religious society first. It has just as equal a chance to continue its rise, as it does to follow the Muslim golden age into the restoration of fundamentalism and face india’s second intellectual collapse.

    Iran is in the process of trying to create an empire. An empire that monopolized Eurasian petroleum, from which they create a petro-currency, with which to fund their conquest of the middle east.

    Under strong federalism in response to the civil war, and under managerialism and credentialism in the 20th century, America has slipped from a federation organized on the Holy Roman Empire combined with the invention of the British modern government and law, into an empire – at the cost of its founding populations, its law, and the culture that made it possible. Just as have other empires that have overextended. Especially Europeans who repeat overextension with disturbing frequency.

    Europe is failing, or rather, France is failing (thankfully), to federalize Europe into a strong federal version of the USA while at the same time the USA is struggling with NOT devolving back to its constitutional formation as a military, financial, and trade alliance of independent European states, with different norms, traditions, values, and demand for regional and local commons to support those differences. (Which I work to accomplish)

    With Germany overly pacified, Poland on the behalf of itself, with less than half its population and economy, is taking over responsibility once again for defense from the east. and we may see the intermarium states turn into the civilization we’d hoped for, and end both the French and Russian threat, while Germany recovers her willpower.

    Continued…


    Source date (UTC): 2023-02-18 20:50:53 UTC

    Original post: https://twitter.com/i/web/status/1627048026161430529

    Replying to: https://twitter.com/i/web/status/1627025797239431170

  • RT @DrEliDavid: 97% of scientists agree with whoever is funding them

    RT @DrEliDavid: 97% of scientists agree with whoever is funding them.


    Source date (UTC): 2023-02-18 18:12:28 UTC

    Original post: https://twitter.com/i/web/status/1627008158798413828