Theme: Institution

  • An Alternative Economic Order …

    Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.

  • “The more I look into it, the more I think that the family should be sovereign a

    —“The more I look into it, the more I think that the family should be sovereign and not the individual.”—Steven Jackson

    (bingo)


    Source date (UTC): 2018-06-16 15:42:05 UTC

    Original post: https://twitter.com/i/web/status/1008011839878455297

  • AN ALTERNATIVE ECONOMIC ORDER … Athens (and Rome for that matter) was policed

    AN ALTERNATIVE ECONOMIC ORDER …

    Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.


    Source date (UTC): 2018-06-16 12:07:00 UTC

  • RELIGION IS A SUBSTITUTE FOR THE MILITIA As far as I know the criteria for a cul

    RELIGION IS A SUBSTITUTE FOR THE MILITIA

    As far as I know the criteria for a cult (religion) is that one take oath to a falsehood in exchange for group membership, group limitation on political coercion, and group emotional insurance, and the promise of some future (utopian) good.

    As far as I know, taking an oath to sovereignty, reciprocity, truth, and duty for the promise of continuous goods and future transcendence for the self, kin, nation, and mankind is not a falsehood.

    As far as I know the militia and the polity, under sovereignty, reciprocity, truth, and duty provide all those insurances.

    As far as I know the an oath of reciprocity requires nor tolerates a falsehood.

    The difference is we pay real costs for the militia, sovereignty, reciprocity, truth, and duty, and we pay no costs for the other than recitation of falsehoods for cults and religions.


    Source date (UTC): 2018-06-11 12:39:00 UTC

  • Language Regulation Corresponds to All Other Regulation: Fear of Corruption and Fraud Drives Regulation.

    James Santagata just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.
    Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.
    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdf
  • Language Regulation Corresponds to All Other Regulation: Fear of Corruption and Fraud Drives Regulation.

    James Santagata just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.
    Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.
    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdf
  • REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRI

    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdfLANGUAGE REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRIVES REGULATION.

    @[525087895:2048:James Santagata] just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.

    Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.

    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdf


    Source date (UTC): 2018-06-10 09:09:00 UTC

  • REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRI

    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdfLANGUAGE REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRIVES REGULATION.

    James Santagata just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.

    Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.


    Source date (UTC): 2018-06-10 09:09:00 UTC

  • REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRI

    https://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdfhttps://poseidon01.ssrn.com/delivery.php?ID=675084119021000008105023125118069122024006056079005030120082087022112105009097072123124060121106033007109026005122102031064113107006090023002100029123106099097011040043080069105097094023119094121092126007117028010000096013066030095076126076013106021&EXT=pdfLANGUAGE REGULATION CORRESPONDS TO ALL OTHER REGULATION: FEAR OF CORRUPTION AND FRAUD DRIVES REGULATION.

    James Santagata just shared an excellent paper, which illustrates the relationship between common law and continental law, language regulation, and economic regulation.

    Well, the conclusions should be pretty obvious (prior restraint vs post resolution) and that all countries pay a trade off between the utility of some regulation to prevent frauds of all sorts, lots of regulation to prevent malinvestment or tax evasion, and post-hoc litigation to encourage experimentation.


    Source date (UTC): 2018-06-10 09:09:00 UTC

  • I would prefer outlawing all charities that did not convey 100% of donations to

    I would prefer outlawing all charities that did not convey 100% of donations to the target. and I would demand warranty of that fact. This forces volunteers to produce goods through direct action and eliminates the profit incentive for virtue signaling.


    Source date (UTC): 2018-06-09 21:52:10 UTC

    Original post: https://twitter.com/i/web/status/1005568259326914560