Curt Doolittle

Theme: Productivity

  • (There is very low correlation between academic degree and achievement. In fact,

    (There is very low correlation between academic degree and achievement. In fact, after a STEM bachelor’s degree all further advancement is negatively correlated with lifetime performance. Sorry. And we know why.

    Source date (UTC): 2018-03-15 16:17:54 UTC

    Original post: https://twitter.com/i/web/status/974318783937556485

    Reply addressees: @leo_charlton @WebPaigee

    Replying to: https://twitter.com/i/web/status/974287646414516226

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/974287646414516226

  • Women outperform men in the classroom for reasons we understand.However female c

    Women outperform men in the classroom for reasons we understand.However female contribution ex post is nill for the same reason.Female research is notoriously empirical and scarcely theoretical.Most value creation is exclusively male, theoretical, and due to intermale competition

    Source date (UTC): 2018-03-15 01:28:04 UTC

    Original post: https://twitter.com/i/web/status/974094850688798720

    Reply addressees: @WebPaigee @leo_charlton

    Replying to: https://twitter.com/i/web/status/974093145989353472

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/974093145989353472

  • With Annihilation, the market change is complete. The cinemas are now for specta

    With Annihilation, the market change is complete. The cinemas are now for spectacle, and all good movies will be produced by Netflix and Major Cable. They are already canceling distribution of future releases – even those currently in production. If we end copyright via creative commons we end them all.

  • With Annihilation, the market change is complete. The cinemas are now for specta

    With Annihilation, the market change is complete. The cinemas are now for spectacle, and all good movies will be produced by Netflix and Major Cable. They are already canceling distribution of future releases – even those currently in production. If we end copyright via creative commons we end them all.

  • With Annihilation, the market change is complete. The cinemas are now for specta

    With Annihilation, the market change is complete. The cinemas are now for spectacle, and all good movies will be produced by Netflix and Major Cable. They are already canceling distribution of future releases – even those currently in production.

    If we end copyright via creative commons we end them all.

    Source date (UTC): 2018-03-14 18:54:00 UTC

  • The question is, how does one know one is poor except by relative differences in

    The question is, how does one know one is poor except by relative differences in inventory and consumption? Poverty is the natural condition of man. Property and mutual insurance of it, lift us out of poverty. THE ORIGIN OF THE CONCEPT ‘POOR’ “poor’ evolved from pre-Latin *pau-paros “producing little; getting little,” a compound from the roots of paucus “little” (from PIE root *pau- (1) “few, little”) and parare “to produce, bring forth” (from PIE root *pere-(1) “to produce, procure”). In other words, the original meaning of poor in proto indo european (well before the invention of money or money substitutes) was ‘one who produces very little.” And this remains the cause of poverty. One who produces very little and therefore consumes very little. The evolution of money requires the production of surpluses that cannot be consumed and can (must) be traded across production groups in order to obtain that which is not self produced. Barter-price (cattle, chicken, lambs, etc) can function for certain transactions, if those items can serve as a store value (they do). But money must be portable, have a high weight/volume to value (time savings), be unitary measure and divisible, and universally (within the trade network) liquid (in demand).

  • The question is, how does one know one is poor except by relative differences in

    The question is, how does one know one is poor except by relative differences in inventory and consumption? Poverty is the natural condition of man. Property and mutual insurance of it, lift us out of poverty. THE ORIGIN OF THE CONCEPT ‘POOR’ “poor’ evolved from pre-Latin *pau-paros “producing little; getting little,” a compound from the roots of paucus “little” (from PIE root *pau- (1) “few, little”) and parare “to produce, bring forth” (from PIE root *pere-(1) “to produce, procure”). In other words, the original meaning of poor in proto indo european (well before the invention of money or money substitutes) was ‘one who produces very little.” And this remains the cause of poverty. One who produces very little and therefore consumes very little. The evolution of money requires the production of surpluses that cannot be consumed and can (must) be traded across production groups in order to obtain that which is not self produced. Barter-price (cattle, chicken, lambs, etc) can function for certain transactions, if those items can serve as a store value (they do). But money must be portable, have a high weight/volume to value (time savings), be unitary measure and divisible, and universally (within the trade network) liquid (in demand).

  • The question is, how does one know one is poor except by relative differences in

    The question is, how does one know one is poor except by relative differences in inventory and consumption? Poverty is the natural condition of man. Property and mutual insurance of it, lift us out of poverty.

    THE ORIGIN OF THE CONCEPT ‘POOR’

    “poor’ evolved from pre-Latin *pau-paros “producing little; getting little,” a compound from the roots of paucus “little” (from PIE root *pau- (1) “few, little”) and parare “to produce, bring forth” (from PIE root *pere-(1) “to produce, procure”).

    In other words, the original meaning of poor in proto indo european (well before the invention of money or money substitutes) was ‘one who produces very little.”

    And this remains the cause of poverty. One who produces very little and therefore consumes very little.

    The evolution of money requires the production of surpluses that cannot be consumed and can (must) be traded across production groups in order to obtain that which is not self produced.

    Barter-price (cattle, chicken, lambs, etc) can function for certain transactions, if those items can serve as a store value (they do).

    But money must be portable, have a high weight/volume to value (time savings), be unitary measure and divisible, and universally (within the trade network) liquid (in demand).

    Source date (UTC): 2018-03-14 11:35:00 UTC

  • Our Only Asset Is Time. Poverty Didn’t Evolve. Wealth Did.

    Poverty didn’t evolve, wealth and money evolved. Poverty is merely a relative assessment of one’s ability to consume. Hence why indigenous peoples commit suicide in droves once aware of their relative condition. That relative condition is poverty. However, it can only be known to be poverty once one is aware of a relative condition. Prosperity (wealth) evolved from the division of labor. Money of some kind (commodities) is necessary to remove frictions to the coincidence of wants in a division of labor. Prices are necessary to allow planning, complex production of multi-part products and services, credit, and debt. Non-Commodity Money is necessary to reduce frictions to the coincidence of wants, that limits the expansion of trade. ****Our only asset is time. We are not wealthier than cavemen. We have simply made all goods, services, and information cheaper, through the division of knowledge and labor using the information system we call money and prices. This is the most important lesson of economics. All understanding of wealth exists in this one paragraph.****

  • OUR ONLY ASSET IS TIME. POVERTY DIDN’T EVOLVE. WEALTH DID. Poverty didn’t evolve

    OUR ONLY ASSET IS TIME. POVERTY DIDN’T EVOLVE. WEALTH DID.

    Poverty didn’t evolve, wealth and money evolved.

    Poverty is merely a relative assessment of one’s ability to consume.

    Hence why indigenous peoples commit suicide in droves once aware of their relative condition.

    That relative condition is poverty.

    However, it can only be known to be poverty once one is aware of a relative condition.

    Prosperity (wealth) evolved from the division of labor.

    Money of some kind (commodities) is necessary to remove frictions to the coincidence of wants in a division of labor.

    Prices are necessary to allow planning, complex production of multi-part products and services, credit, and debt.

    Non-Commodity Money is necessary to reduce frictions to the coincidence of wants, that limits the expansion of trade.

    ****Our only asset is time. We are not wealthier than cavemen. We have simply made all goods, services, and information cheaper, through the division of knowledge and labor using the information system we call money and prices. This is the most important lesson of economics. All understanding of wealth exists in this one paragraph.****

    Source date (UTC): 2018-03-13 09:31:00 UTC