Feb 28, 2020, 10:27 AM
The Left: “Individualism”: Maximum Generational Consumption.
The Right: “Familism”: Maximum Intergenerational Production.
The Left, quite literally, replicates biological cancer in informational, social, political, and civilizational cancer.
Be the cure.
Feb 28, 2020, 10:27 AM
The Left: “Individualism”: Maximum Generational Consumption.
The Right: “Familism”: Maximum Intergenerational Production.
The Left, quite literally, replicates biological cancer in informational, social, political, and civilizational cancer.
Be the cure.
Feb 28, 2020, 6:18 PM Why the wealth of western civilization? Greater success at reproductive juvenilization. we are not sure why other than that slowing the rate of maturity is possible in colder climates, whereas accelerating the rate of maturity in warmer clients is necessary for no other reason than to survive the higher incidence of disease, parasites, and predators. Greater success at aggressive culling the size of the underclasses. While it is impolitic to say so, the wealth or poverty of a people is more dependent upon the reduction and elimination of the underclasses than it is upon the production of exceptional people and education. A good rule of thumb is that every person at the bottom is six times as costly as every person at the top is productive. Greater success at eliminating the clannishness impulse. Again, we are not sure if this is an artifact of low population density and cold climates, or purely one of cultural forces influence reproductive choice. In either event, white people (to their detriment) are less tribal and clannish. For reasons we are just beginning to understand, the west made very different cultural choices (a) telling the truth the whole truth and nothing but the truth as highest virtue, despite any impact it would ahve on the dominance hierarchy. (b) Sovereignty and Markets in Everything creating a market for polities, and polities led by markets, rather than monopolistic hierarchies. As a consequence a division of the state into different institutions that competed with one another. This led to deflationary literature where the rest of the world relied on conflationary literature. (c) that the gods, like men, are subject to the laws of the natural universe, and that man can defeat the folly of these gods with cunning and effort. So white people are more trusting, more trustworthy, and have institutions that depend upon more trusting, more trustworthy people, and together these reduce the frictions that constrain non white peoples to lesser conditions. The only people close to whites are the Japanese and south koreans. And even among whites, these rules apply only to whites from above the Hajnal Line (protestants and their descendants) who practiced Bipartite Manorialism. TRUST=COOPERATIVE VELOCITY=RATE OF ECONOMY
Feb 28, 2020, 6:18 PM Why the wealth of western civilization? Greater success at reproductive juvenilization. we are not sure why other than that slowing the rate of maturity is possible in colder climates, whereas accelerating the rate of maturity in warmer clients is necessary for no other reason than to survive the higher incidence of disease, parasites, and predators. Greater success at aggressive culling the size of the underclasses. While it is impolitic to say so, the wealth or poverty of a people is more dependent upon the reduction and elimination of the underclasses than it is upon the production of exceptional people and education. A good rule of thumb is that every person at the bottom is six times as costly as every person at the top is productive. Greater success at eliminating the clannishness impulse. Again, we are not sure if this is an artifact of low population density and cold climates, or purely one of cultural forces influence reproductive choice. In either event, white people (to their detriment) are less tribal and clannish. For reasons we are just beginning to understand, the west made very different cultural choices (a) telling the truth the whole truth and nothing but the truth as highest virtue, despite any impact it would ahve on the dominance hierarchy. (b) Sovereignty and Markets in Everything creating a market for polities, and polities led by markets, rather than monopolistic hierarchies. As a consequence a division of the state into different institutions that competed with one another. This led to deflationary literature where the rest of the world relied on conflationary literature. (c) that the gods, like men, are subject to the laws of the natural universe, and that man can defeat the folly of these gods with cunning and effort. So white people are more trusting, more trustworthy, and have institutions that depend upon more trusting, more trustworthy people, and together these reduce the frictions that constrain non white peoples to lesser conditions. The only people close to whites are the Japanese and south koreans. And even among whites, these rules apply only to whites from above the Hajnal Line (protestants and their descendants) who practiced Bipartite Manorialism. TRUST=COOPERATIVE VELOCITY=RATE OF ECONOMY
It will profoundly normalize life. It will also do wonderful things to the capital sector as it must seek longer term investments.
Combined with right to repair, and minimum durable use, it will make a huge difference.
Source date (UTC): 2020-05-29 21:24:08 UTC
Original post: https://twitter.com/i/web/status/1266480468540772356
Reply addressees: @EricLiford
Replying to: https://twitter.com/i/web/status/1266479753336369156
Mar 11, 2020, 8:19 AM Work it backwards. If you want a pareto distribution (20% professional) you want an average IQ of around 112-115 at present levels of technology. Conversely we can’t shift too much farther until we determine how to limit eccentricities (defects) above 140’s. My intuition is that those defects are due to the fact of simply being outliers during development. But it could be that higher investment parenting is necessary.
—“A drop of 6 points in the average IQ of a population can have very significant effects. In the US an IQ of 115 is about the minimum required for professionals such as engineers, doctors, lawyers etc. This is about 16% of a population with average IQ 100 but only about 8% of a population with an average IQ of 94. The decline in the really high IQ “smart fraction” would be even greater. On the other hand Linda Gottfredson has stated that in the current US economy a person with an IQ below 75 is essentially useless. That is about 5% of a population with an average IQ of 100 but about 10% of a population with an average IQ of 94. So a reduction in IQ has a “double whammy” diminishing the highly productive proportion of the population and increasing the economically useless proportion. I doubt that a population with an average IQ of 94 would have much chance of being a really First World nation. The difference between the IQ of say Turkey and the countries of Northwest Europe is roughly six points or maybe a little more.”— Jim
Mar 11, 2020, 8:19 AM Work it backwards. If you want a pareto distribution (20% professional) you want an average IQ of around 112-115 at present levels of technology. Conversely we can’t shift too much farther until we determine how to limit eccentricities (defects) above 140’s. My intuition is that those defects are due to the fact of simply being outliers during development. But it could be that higher investment parenting is necessary.
—“A drop of 6 points in the average IQ of a population can have very significant effects. In the US an IQ of 115 is about the minimum required for professionals such as engineers, doctors, lawyers etc. This is about 16% of a population with average IQ 100 but only about 8% of a population with an average IQ of 94. The decline in the really high IQ “smart fraction” would be even greater. On the other hand Linda Gottfredson has stated that in the current US economy a person with an IQ below 75 is essentially useless. That is about 5% of a population with an average IQ of 100 but about 10% of a population with an average IQ of 94. So a reduction in IQ has a “double whammy” diminishing the highly productive proportion of the population and increasing the economically useless proportion. I doubt that a population with an average IQ of 94 would have much chance of being a really First World nation. The difference between the IQ of say Turkey and the countries of Northwest Europe is roughly six points or maybe a little more.”— Jim
Mar 18, 2020, 11:11 AM There are no multipliers to services jobs – they are categorically consumptions. Services jobs are only possible because of productive jobs. In that sense services are part of the hyper-consumptive economy. They are a measure of your hyperconsumption. But something must make hyper-consumption possible: something with multipliers.
Multiplier: a phenomenon whereby a given change in a particular input, causes a larger change in an output. Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input (time). These terms are relative synonyms, and multiplier usually refers to government returns on investment, and productivity to commercial returns on investment. instead of government vs private sector, I tend to use these terms to emphasize why (multiplier) or how (productivity). Services: a term that refers to the production of intangibles. So goods (products) vs services (actions) vs information (knowledge). However some services are defensive (emergency services, health care), some are productive (financial services, legal services), and some are consumptive (waiter, waitress, entertainer, travel and leisure.)
Mar 18, 2020, 11:11 AM There are no multipliers to services jobs – they are categorically consumptions. Services jobs are only possible because of productive jobs. In that sense services are part of the hyper-consumptive economy. They are a measure of your hyperconsumption. But something must make hyper-consumption possible: something with multipliers.
Multiplier: a phenomenon whereby a given change in a particular input, causes a larger change in an output. Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input (time). These terms are relative synonyms, and multiplier usually refers to government returns on investment, and productivity to commercial returns on investment. instead of government vs private sector, I tend to use these terms to emphasize why (multiplier) or how (productivity). Services: a term that refers to the production of intangibles. So goods (products) vs services (actions) vs information (knowledge). However some services are defensive (emergency services, health care), some are productive (financial services, legal services), and some are consumptive (waiter, waitress, entertainer, travel and leisure.)
Mar 18, 2020, 9:04 PM There’s never been a worse time for fiscal stimulus – Econlib econlib.org
There’s never been a worse time for fiscal stimulusSTIMULUS BY RATE OF RESPONSE AND EFFECT MONETARY stimulus refers to lowering interest rates, quantitative easing, or other ways of increasing the amount of money or credit. DIRECT stimulus (my term) refers to direct distribution of cash to consumers who can then alter the structure of production with collective (‘state’,’environmental’) indirect debt rather than individual, family, business and industry debt. this is the ONLY method of preventing exaggerated worldwide demand, network, and price recalculation, in the face of ignorance. Giving consumers liquidity removes IGNORANCE (uncertainty) while the economy changes. It is ignorance, uncertainty, and recalculation by trial and error under duress that causes undesirable economic contractions rather than desirable economic adaptations. DEBT NATIONALIZATION (my term) refers to paying down consumer credit all mortgages and granting credit to those with paid or substantially paid mortgages. RESCUE INVESTMENT (my term) – Providing loans directly to business industry in response to shocks, so that they can survive or even motball during recessions. NATIONALIZATION refers to the state taking over the ownership of a STRATEGIC industry, providing necessary cash reserves and cash-flow while the necessary organization adapts to shocks (temporary) or change (permanent). However, investors must be zeroed during this time and may only buy back their interest for having failed to preserve enough liquidity to insure against shocks. In this case the state buys the company for nothing, and resells it. FISCAL stimulus refers to increasing government consumption or transfers or lowering taxes. Effectively this means increasing the rate of growth of public debt, except that particularly Keynesians often assume that the stimulus will cause sufficient economic growth to fill that gap partially or completely. See multiplier (economics).