Curt Doolittle

Theme: Productivity

  • The evidence of the 20th century experiment is in. it’s a failure. For the very

    The evidence of the 20th century experiment is in. it’s a failure. For the very reason that democracy and socialism have always been failures: the inability to prevent consumption to the point of maximum rents that produces inability to adapt to shocks.

    Source date (UTC): 2018-01-20 18:38:56 UTC

    Original post: https://twitter.com/i/web/status/954785329097166853

    Reply addressees: @ReneeStephen @kjhealy @mattyglesias

    Replying to: https://twitter.com/i/web/status/954784124761337856

    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/954784124761337856

  • Hence the optimum, and ONLY MORAL proposition is to separate and let consumption

    Hence the optimum, and ONLY MORAL proposition is to separate and let consumption run its course, while those of us accumulate capital and watchy you turn the ‘third way’ into the levantine way, just as christianity and islam did, and marxism postmodernism attempt to.

    Source date (UTC): 2018-01-20 18:32:24 UTC

    Original post: https://twitter.com/i/web/status/954783685215219713

    Reply addressees: @ReneeStephen @kjhealy @mattyglesias

    Replying to: https://twitter.com/i/web/status/954783303609053184

    IN REPLY TO:

    Unknown author

    @ReneeStephen @kjhealy @mattyglesias If your premise is, that the people engage in temporal folly that produces intertemporal catastrophe (which is empirically, the case), then, I agree to allow the fools to govern their way (capital consumption), and the rest of us intertemporally (capital accumulation).

    Original post: https://x.com/i/web/status/954783303609053184

    IN REPLY TO:

    @curtdoolittle

    @ReneeStephen @kjhealy @mattyglesias If your premise is, that the people engage in temporal folly that produces intertemporal catastrophe (which is empirically, the case), then, I agree to allow the fools to govern their way (capital consumption), and the rest of us intertemporally (capital accumulation).

    Original post: https://x.com/i/web/status/954783303609053184

  • My answer to Why are white people very innovative?

    My answer to Why are white people very innovative? https://www.quora.com/Why-are-white-people-very-innovative/answer/Curt-Doolittle?share=ee5dc807

    Source date (UTC): 2018-01-18 15:30:14 UTC

    Original post: https://twitter.com/i/web/status/954013064889884672

  • This is nonsense. A trade war with china would increase our prices, but it would

    This is nonsense. A trade war with china would increase our prices, but it would destroy the chinese economy and …. anyway. They have more to worry about than we do.

    Source date (UTC): 2018-01-17 01:44:01 UTC

    Original post: https://twitter.com/i/web/status/953442755778371585

    Reply addressees: @washingtonpost

    Replying to: https://twitter.com/i/web/status/953442521169973248

    IN REPLY TO:

    @washingtonpost

    Perspective: A trade war with China would backfire on Trump — and America https://t.co/QUjd08Lxtl

    Original post: https://twitter.com/i/web/status/953442521169973248

  • What Do You Think About The Future Of “industrial And Network Economics” Master Program?

    I have a very simple approach to education and I recommend it to everyone.

    Study any STEM (physical science, technology, engineering, economics, and mathematics) that you can manage. It doesn’t matter if you major or minor in it. Take whatever math you must to get through it.

    Engineering is almost never a bad degree. Tech is rewarding at present. Economics will always be rewarding. (Not that in the USA economics is a technical discipline, but in europe and eastern europe it just means ‘business’, and is nonsense.) Physical science and mathematics are only valuable if you want those careers, OR it’s easy for you. THese degrees ‘certify you’ as ‘smart’.

    Take accounting 1 and 2. Take the dumbest finance course you can find. And only one. Take micro and macro economics. Take a business law course. One course is all you will need. Try to take an economic history of the world – it should be two classes. If you can manage two semesters of classical philosophy, or the philosophy of science then you’re done.

    It’s horrible but what I’m recommending is literally remedial education since as far as I know all but engineering can be taught in high school and should be since our emphasis on science and mathematics is overblown compared to our emphasis on economics, accounting, law, and finance – which people will endure every day. And those people that want geeky professions (the hard sciences, mathmatics, economics and statistics) will go for them anyway.

    Take the minimum classes you need to graduate with that experience

    For everything else just read anything but fiction. lol.

    WHY? It is very difficult to see the future right now because we are at an inflection point that happens only during periods of great (and often catastrophic change). There will be vast alterations of the workforce on scales we have not seen since the shift from agrarianism from 1890 to 1930. So any particular career is something I have a hard time judging.

    Right now? Learn javascript and make six figures rapidly without any college. Live in a communal house with five friends, and save more than half of what you make for the first five to ten years. Do not get married until after that. Then you are set for life, and can stop worrying about careers and what not because your house will be paid for, and your total cost of living is below the poverty level if you want it to be, and everything you make, no matter how much, can be used for wahtever purpose you want.

    NEVER BUY VIRTUE SIGNALS.

    https://www.quora.com/What-do-you-think-about-the-future-of-industrial-and-network-economics-master-program

  • “What are you meaning by subatomic multipliers?”— Davin Eastley In economics,

    –“What are you meaning by subatomic multipliers?”— Davin Eastley In economics, the term ‘multiplier’ means that more is gained than lost by the operation(transaction), ergo, in physics, a more complex organization is created and stable state retained. (or stated in economic terms, a more complex capital is formed.) (BTW: good question.)

  • “What are you meaning by subatomic multipliers?”— Davin Eastley In economics,

    –“What are you meaning by subatomic multipliers?”— Davin Eastley In economics, the term ‘multiplier’ means that more is gained than lost by the operation(transaction), ergo, in physics, a more complex organization is created and stable state retained. (or stated in economic terms, a more complex capital is formed.) (BTW: good question.)

  • “What are you meaning by subatomic multipliers?”— Davin Eastley In economics,

    –“What are you meaning by subatomic multipliers?”— Davin Eastley

    In economics, the term ‘multiplier’ means that more is gained than lost by the operation(transaction), ergo, in physics, a more complex organization is created and stable state retained. (or stated in economic terms, a more complex capital is formed.)

    (BTW: good question.)

    Source date (UTC): 2018-01-14 11:29:00 UTC

  • Why The Rise Of Ireland?

    **—-“What is a good and recent book on the Irish economic model and the rise of the Celtic Tiger? The shorter and easier to understand the better, as I don’t have a background in economy.”—-** You don’t need to read a book. It’s too simple a subject for a book. 1) They provided **heavy tax incentives** to companies who would locate there and employ skilled (technology) workers. 2) They have the **UK judicial system**, which after the USA is the best in the world, and therefore minimizes investment risk and corruption risk. 3) They had a pool of **underutilized, over-educated, human capital**, that speaks **english**, is **christian**, part of **scandinavian culture**(yes), at **cheap** hourly cost. (Ireland is the catholic version of orthodox culture’s Ukraine. ) 4) They benefited from (forced) **redistribution** from the EU. In other words, the irish miracle is a function of low taxation, a median IQ of 100, and low cost, educated population, with northern european ethics and morals, the world’s language of business (english), and one of the world’s best legal systems. This strategy is **replicable** if and only if you have the HUMAN CAPITAL and CULTURAL CAPITAL and KNOWLEDGE CAPITAL to duplicate it. Ergo, this strategy is very close to exhausted. (Although the tech sector of Ukraine is working hard to copy it.)

  • Why The Rise Of Ireland?

    **—-“What is a good and recent book on the Irish economic model and the rise of the Celtic Tiger? The shorter and easier to understand the better, as I don’t have a background in economy.”—-** You don’t need to read a book. It’s too simple a subject for a book. 1) They provided **heavy tax incentives** to companies who would locate there and employ skilled (technology) workers. 2) They have the **UK judicial system**, which after the USA is the best in the world, and therefore minimizes investment risk and corruption risk. 3) They had a pool of **underutilized, over-educated, human capital**, that speaks **english**, is **christian**, part of **scandinavian culture**(yes), at **cheap** hourly cost. (Ireland is the catholic version of orthodox culture’s Ukraine. ) 4) They benefited from (forced) **redistribution** from the EU. In other words, the irish miracle is a function of low taxation, a median IQ of 100, and low cost, educated population, with northern european ethics and morals, the world’s language of business (english), and one of the world’s best legal systems. This strategy is **replicable** if and only if you have the HUMAN CAPITAL and CULTURAL CAPITAL and KNOWLEDGE CAPITAL to duplicate it. Ergo, this strategy is very close to exhausted. (Although the tech sector of Ukraine is working hard to copy it.)