Theme: Productivity

  • Roughly speaking, about 1/4 of people should go through STEM university training

    Roughly speaking, about 1/4 of people should go through STEM university training, and the rest should graduate high school able to work.

    The problem is that we teach nonsense after 6th grade. Roughly half of all educational hours are wasted.

    In my understanding we should enter people into the workforce between 12 and 14 given their rate of maturity, and teach life tools a few hours a day: money, accounting, economics, basic contracts. In fact, it’s very interesting that we teach all the sciences OTHER than the one that is most important: COOPERATION. Instead of cooperation we teach SUBMISSION.

    If we were to do this we would extend work lives, and reverse infantilization, as well as all but eliminate the difficulty entering the work force. We would have vast programs of teaching-in-the-workplace at very low wages, and produce the highest skilled people in the world.

    We could have fully socialized people, a more competente work force, have children in our late teens and twenties, and far lower costs.


    Source date (UTC): 2018-04-22 09:52:00 UTC

  • Future of Employment

    We have entered an age where all increases in productivity are offset by increases in inflation, the purpose of which is to preserve employment, of people who are increasingly unemployable, and wage suppression of the working (meaning non-calculating, professional, non-entrepreneurial) classes will continue indefinitely as the world increasingly adds competing labor to the world labor pool. Every person in the middle is only 20% more productive than consumptive, and then only so for certain period of his or her life. so every person at the bottom quartile requires five people to pay for his existence throughout his life. Ergo, we must choose between decreasing the standard of living for all but the upper quintile, and constantly increasing inequality, or suppressing the rates of reproduction of the bottom and producing increasingly consistent equality. There is no alternative. Economics is just an extension of physics.

  • Future of Employment

    We have entered an age where all increases in productivity are offset by increases in inflation, the purpose of which is to preserve employment, of people who are increasingly unemployable, and wage suppression of the working (meaning non-calculating, professional, non-entrepreneurial) classes will continue indefinitely as the world increasingly adds competing labor to the world labor pool. Every person in the middle is only 20% more productive than consumptive, and then only so for certain period of his or her life. so every person at the bottom quartile requires five people to pay for his existence throughout his life. Ergo, we must choose between decreasing the standard of living for all but the upper quintile, and constantly increasing inequality, or suppressing the rates of reproduction of the bottom and producing increasingly consistent equality. There is no alternative. Economics is just an extension of physics.

  • We have entered an age where all increases in productivity are offset by increas

    We have entered an age where all increases in productivity are offset by increases in inflation, the purpose of which is to preserve employment, of people who are increasingly unemployable, and wage suppression of the working (meaning non-calculating, professional, non-entrepreneurial) classes will continue indefinitely as the world increasingly adds competing labor to the world labor pool. Every person in the middle is only 20% more productive than consumptive, and then only so for certain period of his or her life. so every person at the bottom quartile requires five people to pay for his existence throughout his life. Ergo, we must choose between decreasing the standard of living for all but the upper quintile, and constantly increasing inequality, or suppressing the rates of reproduction of the bottom and producing increasingly consistent equality. There is no alternative. Economics is just an extension of physics.


    Source date (UTC): 2018-04-20 22:04:00 UTC

  • THE INVERSION OF THE IQ CONTROVERSY The IQ Controversy misses the point that it

    THE INVERSION OF THE IQ CONTROVERSY

    The IQ Controversy misses the point that it is not so much exceptional ability, which exists in all groups, that is so demonstrably advantageous for the GROUP, but the relative absence of lack of ability at the bottom end that is advantageous for the group. In other words, one can raise the average IQ of a group by trying to increase the number at the top, despite regression to the mean, or one can reduce the number at the bottom thereby changing the mean to which populations regress. And while we now know that lower intelligence is the product of accumulated defects, and that higher intelligence is the produce of eliminating defects, not necessarily any particular gain, the problem should be fairly obvious in that the greatest investment peoples can make in their present and future is the suppression of reproduction in the lower classes in exchange for redistribution.


    Source date (UTC): 2018-04-20 10:37:00 UTC

  • DECLINE OF PROSPEROUS CITIES from Walter Williams: —“When World War II ended,

    https://townhall.com/columnists/walterewilliams/2018/04/18/a-mayors-most-important-job-n2471301THE DECLINE OF PROSPEROUS CITIES

    from Walter Williams:

    —“When World War II ended, Washington, D.C.’s population was about 900,000; today it’s about 700,000. In 1950, Baltimore’s population was almost 950,000; today it’s around 614,000. Detroit’s 1950 population was close to 1.85 million; today it’s down to 673,000. Camden, New Jersey’s 1950 population was nearly 125,000; today it has fallen to 77,000. St. Louis’ 1950 population was more than 856,000; today it’s less than 309,000. A similar story of population decline can be found in most of our formerly large and prosperous cities. In some cities, population declines since 1950 are well over 50 percent. In addition to Detroit and St. Louis, those would include Cleveland and Pittsburgh.”—

    (via Anoop Verma)

    https://townhall.com/columnists/walterewilliams/2018/04/18/a-mayors-most-important-job-n2471301


    Source date (UTC): 2018-04-19 08:18:00 UTC

  • DECLINE OF PROSPEROUS CITIES from Walter Williams: —“When World War II ended,

    https://townhall.com/columnists/walterewilliams/2018/04/18/a-mayors-most-important-job-n2471301THE DECLINE OF PROSPEROUS CITIES

    from Walter Williams:

    —“When World War II ended, Washington, D.C.’s population was about 900,000; today it’s about 700,000. In 1950, Baltimore’s population was almost 950,000; today it’s around 614,000. Detroit’s 1950 population was close to 1.85 million; today it’s down to 673,000. Camden, New Jersey’s 1950 population was nearly 125,000; today it has fallen to 77,000. St. Louis’ 1950 population was more than 856,000; today it’s less than 309,000. A similar story of population decline can be found in most of our formerly large and prosperous cities. In some cities, population declines since 1950 are well over 50 percent. In addition to Detroit and St. Louis, those would include Cleveland and Pittsburgh.”—

    (via Anoop Verma)


    Source date (UTC): 2018-04-19 08:18:00 UTC

  • End the Rents

    Our people suffer because their high trust is exploitable via rents, where that high trust is not exploitable by credit rents elsewhere. To eliminate this parasitism, we have the choice to cease trustworthiness or to destroy rents. As such I choose, and I am certain we will all choose, to destroy those rents. By destroying rents we will force investments into innovation at risk rather than parasitism on the externalization of risk. Correcting the rent system is actually quite easy.

  • End the Rents

    Our people suffer because their high trust is exploitable via rents, where that high trust is not exploitable by credit rents elsewhere. To eliminate this parasitism, we have the choice to cease trustworthiness or to destroy rents. As such I choose, and I am certain we will all choose, to destroy those rents. By destroying rents we will force investments into innovation at risk rather than parasitism on the externalization of risk. Correcting the rent system is actually quite easy.

  • THE END OF INTELLECTUAL PROPERTY —““In other words, we’ll gut-punch the Americ

    THE END OF INTELLECTUAL PROPERTY

    —““In other words, we’ll gut-punch the Americans, since it’s precisely intellectual property that is responsible for all their success and, above all, the domination of the Anglo-Saxon and Western world. And we’d strike a blow against this right,” explained Mikhail Emelyanov, the deputy chairman of the Duma’s Legislation Committee.”—

    Duma: Russia must become a pirate state: Russian lawmakers mull stealing American intellectual property as response to U.S. sanctions

    20:30, 13 April 2018, Reuters

    Russian legislators have developed a plan to retaliate against the latest U.S. sanctions: transform Russia into a pirate state.

    Draft legislation submitted to the State Duma on Friday would give the government the authority to waive copyright restrictions on select foreign products, “allowing” Russian enterprises to produce those goods without the consent of their patent holders abroad. “The exhaustion of exclusive rights,” lawmakers say, could be used against the U.S. and other hostile states, according to Meduza.

    “In other words, we’ll gut-punch the Americans, since it’s precisely intellectual property that is responsible for all their success and, above all, the domination of the Anglo-Saxon and Western world. And we’d strike a blow against this right,” explained Mikhail Emelyanov, the deputy chairman of the Duma’s Legislation Committee.

    The same draft bill would also grant the government the right to issue more restrictions on American imports (such as alcohol, tobacco, medicines, and foods), limit the work of international rating agencies in Russia, ban certain foreign software, prohibit foreigners from participating in privatizations, suspend cooperation in various sectors (including nuclear power, aviation, and rocketry), and more.

    As UNIAN reported earlier, Russia set up an operational group in the Azov-Black Sea Territorial Administration of the Russian Federal Agency for Fisheries to tackle the alleged “Ukrainian piracy,” following the Kremlin’s claims that Ukraine unlawfully seized a Crimea-based Russian-flagged fishing vessel, which Kyiv says has violated a number of Ukrainian laws, including on the illegal crossing of Ukraine’s border.


    Source date (UTC): 2018-04-13 15:52:00 UTC