Curt Doolittle

Theme: Productivity

  • Wait, so you’re saying that the fact that the USA was the only industrial nation

    Wait, so you’re saying that the fact that the USA was the only industrial nation left standing, that could make cheap expensive goods of questionable quality for use in reconstruction and consumers could spend on the obvious (agrarian to homeowner), is replicable?

    Source date (UTC): 2018-07-19 20:09:10 UTC

    Original post: https://twitter.com/i/web/status/1020037855232626688

    Reply addressees: @Lord_Keynes2

    Replying to: https://twitter.com/i/web/status/1020035797033017344

    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1020035797033017344

  • So, why is that? What caused that increase in capital? AND WHERE HAS IT GONE NOW

    So, why is that? What caused that increase in capital?

    AND WHERE HAS IT GONE NOW?

    Source date (UTC): 2018-07-19 18:47:35 UTC

    Original post: https://twitter.com/i/web/status/1020017321220419584

    Reply addressees: @Lord_Keynes2

    Replying to: https://twitter.com/i/web/status/1020011456186613765

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    Original post on X

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    Original post: https://twitter.com/i/web/status/1020011456186613765

  • Curt Doolittle updated his status. (repost) Cities = Markets = Decreased Opportu

    Curt Doolittle updated his status.

    (repost)
    Cities = Markets = Decreased Opportunity Cost. It’s the ability to communicate that decreases opportunity cost.

    Opportunity cost = increasing choices. The question is whether increasing choices produces increasing outcomes.

    For business it does. For genes it does not. This is the fundamental problem. Cities Destroy Genes in exchange for lower opportunity costs of consumption.

    So we have a choice: (a) continue to bring people to capital at the cost of genes (genetic capital), or (b) bring capital to people to preserve genetic capital.

    In other words, redistribute the opportunity costs.

    Source date (UTC): 2018-07-19 16:47:55 UTC

  • What role does excess eduction(non-stem), taxation (income demand), housing pric

    What role does excess eduction(non-stem), taxation (income demand), housing prices (income demand), total interest on housing(long term income demand), play in generating demand for (full time) workforce participation. And what role all in asymmetric world prices?

    Source date (UTC): 2018-07-19 15:13:03 UTC

    Original post: https://twitter.com/i/web/status/1019963335012421634

    Reply addressees: @Lord_Keynes2

    Replying to: https://twitter.com/i/web/status/1019949159778938880

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    Original post: https://twitter.com/i/web/status/1019949159778938880

  • KEYNES, MARX VS CLASSICAL: THE ART OF LYING Once you look at his notes, and unde

    KEYNES, MARX VS CLASSICAL: THE ART OF LYING

    Once you look at his notes, and understand Keynes converted Marx’s ‘dialectic’ (sophism) into Keynesian ‘innumeracy’ (ludic fallacy), you suspect his malincentives.

    But once you learn Rule of Law(Classical) vs Arbitrary Rule (Keynes), you realize that pseudoscience (Marx) and innumeracy (Keynes) are the only two methods by which to distract you from the underlying conflict: Rule of Law and Arbitrary Rule. Just as the marxists and the postmoderns have distracted us with Capitalism (Rule of Law) versus Socialism (Arbitrary Rule). The success of the Keynesian method is predicated on dialectic (loading, framing, and obscuring) rather than measurement.

    Why? What capital (that which we forgo opportunities or expend the results of opportunities to) invest in. So what Keynesianism achieves by innumeracy (fraud) is what Marx achieves by dialectic (sophism): the intentional distraction from the measurement of changes in capital to the measurement of the results of the consumption of it: including genetic, normative, traditional, knowledge, and institutional capital. And why did we (Hayek and others) fail?

    Because under democracy one cannot stop the mob from raiding the accumulated capital of millennia, nor the pseudo-intellectual class, and the political class from profiting from the sale.

    The Chicago school attempted to preserve rule of law and markets but the left has been too successful, the economists too well rewarded, and the financial industry, academy, and the state too well rewarded for doing so.

    Hence why Athens spent all the silver from the mine they discovered; and why Spain spent all the gold it took from the new world in failed wars against the Netherlands; and why Americans spent all the income from conquest of a continent and selling it off to genetic middle classes from Europe. … Until they ran out of middle classes.

    SOPHISM IS EVERYWHERE.

    Source date (UTC): 2018-07-19 13:35:00 UTC

  • (repost) Cities = Markets = Decreased Opportunity Cost. It’s the ability to comm

    (repost)

    Cities = Markets = Decreased Opportunity Cost. It’s the ability to communicate that decreases opportunity cost.

    Opportunity cost = increasing choices. The question is whether increasing choices produces increasing outcomes.

    For business it does. For genes it does not. This is the fundamental problem. Cities Destroy Genes in exchange for lower opportunity costs of consumption.

    So we have a choice: (a) continue to bring people to capital at the cost of genes (genetic capital), or (b) bring capital to people to preserve genetic capital.

    In other words, redistribute the opportunity costs.

    Source date (UTC): 2018-07-19 12:47:00 UTC

  • By any measurement, the result of a democratic government is to turn assets in t

    By any measurement, the result of a democratic government is to turn assets in to consumption and production into rents.

    Source date (UTC): 2018-07-16 12:23:00 UTC

    Original post: https://twitter.com/i/web/status/1018833377162612737

  • Curt Doolittle updated his status. By any measurement, the result of a democrati

    Curt Doolittle updated his status.

    By any measurement, the result of a democratic government is to turn assets in to consumption and production into rents.

    Source date (UTC): 2018-07-16 12:22:48 UTC

  • Curt Doolittle shared a link. Free Markets are advocated under the presumption t

    Curt Doolittle shared a link.

    Free Markets are advocated under the presumption that in a world without government interference **comparative advantage** will provide the optimum market for goods, services, and information to everyone.

    However, this doesn’t turn out to be true.
    Free-Market is a code word for:
    1 – all government non-interference trade by taxation.
    2 – all governmental non-interference in trade by policy
    3 – socialist government interference in the organization of production, distribution, and trade.

    In the **developing world**, this translates to:
    1 – on one hand, ‘the reduction and elimination of corruption’ and
    2 – on the other hand ‘the privatization of common resources’ by internal members, and ‘the exploitation of common resources’ by outside members.

    In the **Developed World** translates to:
    1- Forcing all post-war nations to grant human (natural) rights (property rights), rather than territorial expansion (growth by warfare).
    2 – Forcing all post-war nations to compete entirely by meritocratic production distribution and trade, so that survival is dependent upon being a good market citizen of the world, thus reducing the chances of another world war.
    3 – (Failed Hypothesis) By encouraging democracy (which appears to have been a universal disaster) citizens both 1 and 2 will be brought to bear out of citizen’s self interest. (Despite the fact that communism and islamism are hostile to meritocracy.)

    **This is America’s postwar policy in a nutshell.**

    Add to this policy the unstated threat that ‘*You can Choose your own government under democracy but if you choose poorly we will punish you so severely that you’ll be back in the stone age.*”

    The problem is that America promotes the CARROT but doesn’t mention the STICK. And it turns out that Authoritarian State Capitalism, which is just monarchy at greater scale, is superior to democracy in every case OTHER than small homogenous protestant nation states where everyone is a sixth cousin at the outside.

    Source date (UTC): 2018-07-14 21:53:12 UTC

  • –“Do Free Market Policies Help Poor Countries?”–

    DO FREE MARKET POLICIES HELP POOR COUNTRIES
    https://www.quora.com/Do-free-market-policies-help-poor-countries/answer/Curt-Doolittle?share=046bc1f0&srid=u4Qv
    Free Markets are advocated under the presumption that in a world without government interference **comparative advantage** will provide the optimum market for goods, services, and information to everyone. However, this doesn’t turn out to be true. Free-Market is a code word for: 1 – all government non-interference trade by taxation. 2 – all governmental non-interference in trade by policy 3 – socialist government interference in the organization of production, distribution, and trade. In the **developing world**, this translates to: 1 – on one hand, ‘the reduction and elimination of corruption’ and 2 – on the other hand ‘the privatization of common resources’ by internal members, and ‘the exploitation of common resources’ by outside members. In the **Developed World** translates to: 1- Forcing all post-war nations to grant human (natural) rights (property rights), rather than territorial expansion (growth by warfare). 2 – Forcing all post-war nations to compete entirely by meritocratic production distribution and trade, so that survival is dependent upon being a good market citizen of the world, thus reducing the chances of another world war. 3 – (Failed Hypothesis) By encouraging democracy (which appears to have been a universal disaster) citizens both 1 and 2 will be brought to bear out of citizen’s self interest. (Despite the fact that communism and islamism are hostile to meritocracy.) **This is America’s postwar policy in a nutshell.** Add to this policy the unstated threat that ‘*You can Choose your own government under democracy but if you choose poorly we will punish you so severely that you’ll be back in the stone age.*” The problem is that America promotes the CARROT but doesn’t mention the STICK. And it turns out that Authoritarian State Capitalism, which is just monarchy at greater scale, is superior to democracy in every case OTHER than small homogenous protestant nation states where everyone is a sixth cousin at the outside.