Theme: Measurement

  • I call it Philosophy because it’s the convention. The difference is ENGINEERING

    I call it Philosophy because it’s the convention. The difference is ENGINEERING with the law, where the law is fully commensurable with physical science. You’re confused if you think social science is anything other than physics with memory allowing debits and credits in time.


    Source date (UTC): 2020-01-15 21:49:01 UTC

    Original post: https://twitter.com/i/web/status/1217564369753645057

  • YOUR BASIC LESSON ON MONEY (CURRENCY) AND 99% OF EVERYTHING YOU EVER NEED TO KNO

    YOUR BASIC LESSON ON MONEY (CURRENCY) AND 99% OF EVERYTHING YOU EVER NEED TO KNOW

    —“Could you please explain what you mean by “the problem of hard currency”?”—Niklas Wagner

    0) Money Proper means Commodity Money (a commodity used for monetary purposes in exchange. It must be light and of limited volume, and indexed (with a measurement), and either scarce by it’s limited existence in the natural world or very difficult to replicate and therefore artificially scarce.

    1) A money substitute is anything used in place of money proper. Currency is one of the many types of money substitutes. Currency began as ‘Notes’, which were literally tickets that could be redeemed for money proper.

    2) Hard currency means a currency(money substitute) backed by, and redeemable for, commodity money (gold, silver, etc).

    3) Soft currency means unbacked by or redeemable for, commodity money (gold, silver, etc), or only partly backed by commodity money, or interests in real property (liens).

    5) Shares are a tradable commodity backed only by market demand for them – but granting (fictitious) rights in case of liquidity (bankruptcy or sale).

    4) Fiat money is a share in the economy (government really), that is used as a soft currency substitute, that like shares, when printed, decreases the value (purchasing power) of other existing shares. In theory we would produce the same amount of new fiat money as we increased value in the country overall.

    THEREFORE

    Hard currency runs short whenever economic velocity increases, and so it appreciates, but it appreciates without contribution to production. Interest on lending to business and industry contributes to production. So appreciation on currency is a form of free riding (rent seeking), where interest in production is not. Fiat currency that prohibits currency appreciation but does not create purchasing power depreciation, prevents free riding on currency appreciation but preserves interest returns that contribute to production. This is, in large part, why the government targets interest rates to judge the money supply. However, they also try to target unemployment. this is the mistake. We can push money from consumers to the banking system for free instead of charging consumers and profiting the banking system.

    —More by William L. Benge—

    The Road to Commonwealth, Insurer of Last Resort.

    1. We know that gold and other forms of money were not always controlled by secular authorities as (or, in the manner in which) they presently are.

    2. Since we hold (successfully argue for) that government must (and does) satisfy utility as insurer of last resort, we are forced by the same to acknowledge the legitimacy of what is NATIONAL fiat currency and what is fair finance for domestics. This is not strained reasoning, simply more nuanced.


    Source date (UTC): 2020-01-15 13:04:00 UTC

  • Mensa is good enough for rough approximation. The rest is nonsense

    Mensa is good enough for rough approximation. The rest is nonsense.


    Source date (UTC): 2020-01-13 15:38:05 UTC

    Original post: https://twitter.com/i/web/status/1216746244464312320

    Reply addressees: @O2AutoSports

    Replying to: https://twitter.com/i/web/status/1216742668627169286


    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1216742668627169286

  • Combining IQ and Personality

    —“The neuroscience here is way above my pay grade, but I assume that as the neurocognitive basis of IQ is understood, the understanding of what we know as g will be elaborated.”— Charles Murray @charlesmurray

    1. Correct but the opposite, via-negativa: The neuroscience is trivial. The causes of defect in intelligence are almost limitless. It’s not so much that we need to understand intelligence (g), it’s that we need to understand why defects in intelligence are so common.
    2. AFAIK, (g) is the most accurate measure in psychology, and stereotypes are the most accurate measure in social sciences. The problem with testing is casting (g) separately from personality traits (which it is), and therefore not ALSO testing for trait-conscientiousness.

    3. If we test intelligence, and the Big5 traits together we see that success (wealth) is determined MORE by trait conscientiousness than by intelligence, and that intelligence increases income only because it grants access to problems of greater complexity. Intelligence REDUCES ERROR in complexity.

    4. As such ADAPTABILITY (success) consists of applying trait conscientiousness and trait intelligence to exploit opportunities at one’s optimum of complexity. This means ‘the bell curve’ of overlapping bell curves from low IQ/conscientiousness to high IQ/conscientiousness.

    5. There are plenty of people who are high in both intelligence,high in conscientiousness, and high in agreeableness and therefore low in competitiveness. So once we stack the priority of these traits in the context of a given economy and rule of law, sortition is obvious.

    6. Furthermore, once we combine all 5/6 traits we see that personalities cluster around three archetypes: female mother(teach),ascendant male(experiment), and established or dominant male(defend).

    7. We combine IQ with Big5 we find that the only problem is isolating IQ from the other personality traits. If combined, we find that Conscientiousness almost exclusively determines success, and IQ determines complexity of occupation and degree of error detection.

    8. There are 80+ factors but they scale together, with the most dominant being sexual differences in brain organization (F:lateral-general vs M:longitudinal-special), and acquired skills(gc) vs pure ability(gf) – (g) measures how they scale together.

    9. We’ve tried every variation with extraordinary experimentation and continuous rotation and adaption to change in vocabulary and knowledge (psychometricians). The result is always the same: everything scales together with (gf) declining with age, and (gc) not (or compensating).

    10. The test(s) yield(s) an almost infinite set of numbers. But aside from verbal and spatial-temporal, and the obvious gender bias in that dimension – they all scale together. Thats why they report on the one number (g) and it’s distribution (verbal-spatial).

    11. Again, the evidence suggests that by combining intelligence and big5 we would get even higher prediction because, Conscientiousness, Disagreeableness, and Aggressiveness (dominance) or lack of it, explain what IQ does not: how we COMPETE when USING intelligence.

    12. IQ is the most studied, most empirical, most accurate, and most consistent subject in psychology. The 60’s and 70’s were the scientific dark ages as the pseudoscience of marxism and sophistry of postmodernism had their largest affect on soft sciences.

    13. You can only disagree if you’re trying to redefine intelligence as other than access to complexity in time. It determines whether we are Helpless, Dim, Uncompetitive, Ordinary, Cunning, Smart, Competitive, Innovative, or Revolutionary. So demonstrated intelligence depends upon complex context.

    The world is simple – if and only if you use enough dimensions of measurement.    

  • Combining IQ and Personality

    —“The neuroscience here is way above my pay grade, but I assume that as the neurocognitive basis of IQ is understood, the understanding of what we know as g will be elaborated.”— Charles Murray @charlesmurray

    1. Correct but the opposite, via-negativa: The neuroscience is trivial. The causes of defect in intelligence are almost limitless. It’s not so much that we need to understand intelligence (g), it’s that we need to understand why defects in intelligence are so common.
    2. AFAIK, (g) is the most accurate measure in psychology, and stereotypes are the most accurate measure in social sciences. The problem with testing is casting (g) separately from personality traits (which it is), and therefore not ALSO testing for trait-conscientiousness.

    3. If we test intelligence, and the Big5 traits together we see that success (wealth) is determined MORE by trait conscientiousness than by intelligence, and that intelligence increases income only because it grants access to problems of greater complexity. Intelligence REDUCES ERROR in complexity.

    4. As such ADAPTABILITY (success) consists of applying trait conscientiousness and trait intelligence to exploit opportunities at one’s optimum of complexity. This means ‘the bell curve’ of overlapping bell curves from low IQ/conscientiousness to high IQ/conscientiousness.

    5. There are plenty of people who are high in both intelligence,high in conscientiousness, and high in agreeableness and therefore low in competitiveness. So once we stack the priority of these traits in the context of a given economy and rule of law, sortition is obvious.

    6. Furthermore, once we combine all 5/6 traits we see that personalities cluster around three archetypes: female mother(teach),ascendant male(experiment), and established or dominant male(defend).

    7. We combine IQ with Big5 we find that the only problem is isolating IQ from the other personality traits. If combined, we find that Conscientiousness almost exclusively determines success, and IQ determines complexity of occupation and degree of error detection.

    8. There are 80+ factors but they scale together, with the most dominant being sexual differences in brain organization (F:lateral-general vs M:longitudinal-special), and acquired skills(gc) vs pure ability(gf) – (g) measures how they scale together.

    9. We’ve tried every variation with extraordinary experimentation and continuous rotation and adaption to change in vocabulary and knowledge (psychometricians). The result is always the same: everything scales together with (gf) declining with age, and (gc) not (or compensating).

    10. The test(s) yield(s) an almost infinite set of numbers. But aside from verbal and spatial-temporal, and the obvious gender bias in that dimension – they all scale together. Thats why they report on the one number (g) and it’s distribution (verbal-spatial).

    11. Again, the evidence suggests that by combining intelligence and big5 we would get even higher prediction because, Conscientiousness, Disagreeableness, and Aggressiveness (dominance) or lack of it, explain what IQ does not: how we COMPETE when USING intelligence.

    12. IQ is the most studied, most empirical, most accurate, and most consistent subject in psychology. The 60’s and 70’s were the scientific dark ages as the pseudoscience of marxism and sophistry of postmodernism had their largest affect on soft sciences.

    13. You can only disagree if you’re trying to redefine intelligence as other than access to complexity in time. It determines whether we are Helpless, Dim, Uncompetitive, Ordinary, Cunning, Smart, Competitive, Innovative, or Revolutionary. So demonstrated intelligence depends upon complex context.

    The world is simple – if and only if you use enough dimensions of measurement.    

  • COMBINING IQ AND PERSONALITY What are you talking about? IQ is the most studied,

    COMBINING IQ AND PERSONALITY

    What are you talking about? IQ is the most studied, most empirical, most accurate, and most consistent subject in psychology? The 60’s and 70’s were the… https://www.facebook.com/permalink.php?story_fbid=553516481911913&id=100017606988153


    Source date (UTC): 2020-01-13 08:20:24 UTC

    Original post: https://twitter.com/i/web/status/1216636097566068736

  • Again, the evidence suggests that by combining intelligence and big5 we would ge

    Again, the evidence suggests that by combining intelligence and big5 we would get even higher prediction because, Conscientiousness, Disagreeableness, and Aggressiveness (dominance) or lack of it, explain what IQ does not: how we COMPETE when USING intelligence.


    Source date (UTC): 2020-01-13 08:15:36 UTC

    Original post: https://twitter.com/i/web/status/1216634891145818113

    Reply addressees: @ovjocm @JayWamsted @charlesmurray

    Replying to: https://twitter.com/i/web/status/1216346435119022080


    IN REPLY TO:

    @ovjocm

    @JayWamsted @charlesmurray I’ll assume that result is true unless someone educates me otherwise. Even so, I don’t get your point.

    A better test would yield 3 numbers. Tests yielding 1 IQ number would still exist and IQ would still correlate with wealth and educability. Did anything important change?

    Original post: https://twitter.com/i/web/status/1216346435119022080

  • The test(s) yield(s) an almost infinite set of numbers. But aside from verbal an

    The test(s) yield(s) an almost infinite set of numbers. But aside from verbal and spatial-temporal, and the obvious gender bias in that dimension – they all scale together. Thats why they report on the one number (g) and it’s distribution (verbal-spatial).


    Source date (UTC): 2020-01-13 08:11:33 UTC

    Original post: https://twitter.com/i/web/status/1216633869795053568

    Reply addressees: @ovjocm @JayWamsted @charlesmurray

    Replying to: https://twitter.com/i/web/status/1216346435119022080


    IN REPLY TO:

    @ovjocm

    @JayWamsted @charlesmurray I’ll assume that result is true unless someone educates me otherwise. Even so, I don’t get your point.

    A better test would yield 3 numbers. Tests yielding 1 IQ number would still exist and IQ would still correlate with wealth and educability. Did anything important change?

    Original post: https://twitter.com/i/web/status/1216346435119022080

  • It doesn’t matter. We’ve tried every variation with extraordinary experimentatio

    It doesn’t matter. We’ve tried every variation with extraordinary experimentation and continuous rotation and adaption to change in vocabulary and knowledge (psychometricians). The result is always the same: everything scales together with (gf) declining with age, and (gc) not.


    Source date (UTC): 2020-01-13 07:58:46 UTC

    Original post: https://twitter.com/i/web/status/1216630653418188800

    Reply addressees: @ovjocm @JayWamsted @charlesmurray

    Replying to: https://twitter.com/i/web/status/1216253226325962752


    IN REPLY TO:

    @ovjocm

    @JayWamsted @charlesmurray …test right, you are observing a combination of the actual factors and can’t resolve them statistically. This is superificllay plausible IMO, but not my specialty so maybe MO should not count for much. Will retweet to Murray to see what the people there think.

    Original post: https://twitter.com/i/web/status/1216253226325962752

  • BS Pseudoscience. We combine IQ with Bi5 we find that the only problem is isolat

    BS Pseudoscience. We combine IQ with Bi5 we find that the only problem is isolating IQ from the other personality traits. If combined, we find that Conscientiousness almost exclusively determines success, and IQ determines complexity of occupation and degree of error detection.


    Source date (UTC): 2020-01-13 07:47:56 UTC

    Original post: https://twitter.com/i/web/status/1216627927623897088

    Reply addressees: @JayWamsted @ovjocm @charlesmurray

    Replying to: https://twitter.com/i/web/status/1211307775269228544


    IN REPLY TO:

    @JayWamsted

    @ovjocm @charlesmurray Forgot the link

    https://t.co/PJGXZP9PVN

    Original post: https://twitter.com/i/web/status/1211307775269228544