Curt Doolittle

Theme: Productivity

  • Commercial Prices alone do not capture the entire change in state of total capit

    Commercial Prices alone do not capture the entire change in state of total capital

    Source date (UTC): 2017-01-21 15:15:00 UTC

  • “No one thinks for a single moment how consumer demand drives efficiency which d

    —“No one thinks for a single moment how consumer demand drives efficiency which drives automation and scaled consolidation which collapses manual industry. Together with a regressive tax scheme and fealty to the faith of trickle-down economics, and that’s what you get: all over.”—

    Yes. But just as heroin makes available incentives with profound consequences, fiat credit makes available incentives with profound consequences.

    And there is a huge difference between REMOVING a resource that produces profound consequences, and trying to convince people to BELIEVE in a general good and not to follow incentives.

    People don’t do that. They self report the moral high ground but they demonstrate a preference for pursuing the material incentives.

    This is why I say that adults talk about institutions and incentives, well intentioned people talk about punishments, and fools talk about ‘beliefs’.

    Remove the incentive.

    The incentive is credit.

    The solution is very firm borders, very firm citizenship, and high investment in the kinship commons.

    People follow incentives. we cannot cast moral judgement on other for their beliefs. We can only make illegal those actions which are criminal.

    Source date (UTC): 2017-01-21 11:16:00 UTC

  • What Kinds Of Job Opportunities Are Available For People With A Phd In Political Economy?

    Just as the American and British Economies experienced purges of middle management built up between the period 1920–1980 because of the influence of ‘managerialism’ (socialism), the entire world is about to go through a set of severe employment contractions between now and at least 2025.

    1 – political management – on a vast scale.
    2 – much more of lower middle management – on a vast scale.
    3 – a little more labor due to automation – perhaps on a perceptible scale.
    and (possibly)
    4 – much, much, much, of the financial sector on a frightening scale.

    In my (rather informed I think) opinion, if you do not possess a STEM degree for employment purposes, and perhaps a philosophy/law minor (so you think clearly), you have very little chances of employability other than “gee I have a degree”.

    Like most things, it’s more (a) who you know, and (b) what industry you can get into early, and (c) how much you can save of your income and invest before you are 30.

    Why? Because the west has held a 500 year military, technical, legal, financial, cultural, literacy, and knowledge advantage over the world, and Because Americans inherited the British empire’s institutions of world finance, trade, and oil. It is quite possible that Americans will descend to european standards of living (which are much lower unfortunately), and even more possible that europeans will descend as well.

    We no longer hold those advantages, and what we have seen since about 1992, a brief boom as we collected the post-cold-war (world communism) dividend, but by 2006 it was fairly evident that ‘the great leveling’ in the world economy would occur at the same time as ‘the great sort’ was occurring in the US population.

    ie: minimum bar for a college degree with any employability is a STEM degree. College degree only tells employers you can follow direction. It is the same bar as a high school diploma used to be before they discounted the high school diploma by lowering the standards. The same has occurred in colleges and universities. This is because while only about 15% of the work force has the IQ necessary to obtain a ‘legit’ college degree, about 50% of our people go to college. Ergo, 2/3 of the people who hold college degrees are meaningless. And of the remaining 1/3, only those with a STEM degree are employable.

    Worse, a PhD is a liability not an asset when seeking employment outside of research or STEM classes.

    Employers need to know you have a degree worth having from a school worth issuing it. The degree itself is now just a permission slip to seek work. Not a criteria for creating demand.

    Cheers
    Curt Doolittle

    https://www.quora.com/What-kinds-of-job-opportunities-are-available-for-people-with-a-PhD-in-political-economy

  • What Kinds Of Job Opportunities Are Available For People With A Phd In Political Economy?

    Just as the American and British Economies experienced purges of middle management built up between the period 1920–1980 because of the influence of ‘managerialism’ (socialism), the entire world is about to go through a set of severe employment contractions between now and at least 2025.

    1 – political management – on a vast scale.
    2 – much more of lower middle management – on a vast scale.
    3 – a little more labor due to automation – perhaps on a perceptible scale.
    and (possibly)
    4 – much, much, much, of the financial sector on a frightening scale.

    In my (rather informed I think) opinion, if you do not possess a STEM degree for employment purposes, and perhaps a philosophy/law minor (so you think clearly), you have very little chances of employability other than “gee I have a degree”.

    Like most things, it’s more (a) who you know, and (b) what industry you can get into early, and (c) how much you can save of your income and invest before you are 30.

    Why? Because the west has held a 500 year military, technical, legal, financial, cultural, literacy, and knowledge advantage over the world, and Because Americans inherited the British empire’s institutions of world finance, trade, and oil. It is quite possible that Americans will descend to european standards of living (which are much lower unfortunately), and even more possible that europeans will descend as well.

    We no longer hold those advantages, and what we have seen since about 1992, a brief boom as we collected the post-cold-war (world communism) dividend, but by 2006 it was fairly evident that ‘the great leveling’ in the world economy would occur at the same time as ‘the great sort’ was occurring in the US population.

    ie: minimum bar for a college degree with any employability is a STEM degree. College degree only tells employers you can follow direction. It is the same bar as a high school diploma used to be before they discounted the high school diploma by lowering the standards. The same has occurred in colleges and universities. This is because while only about 15% of the work force has the IQ necessary to obtain a ‘legit’ college degree, about 50% of our people go to college. Ergo, 2/3 of the people who hold college degrees are meaningless. And of the remaining 1/3, only those with a STEM degree are employable.

    Worse, a PhD is a liability not an asset when seeking employment outside of research or STEM classes.

    Employers need to know you have a degree worth having from a school worth issuing it. The degree itself is now just a permission slip to seek work. Not a criteria for creating demand.

    Cheers
    Curt Doolittle

    https://www.quora.com/What-kinds-of-job-opportunities-are-available-for-people-with-a-PhD-in-political-economy

  • ON THE LIMITS OF IP (PATENTS, TRADEMARKS, COPYRIGHTS) PATENTS It must be product

    ON THE LIMITS OF IP (PATENTS, TRADEMARKS, COPYRIGHTS)

    PATENTS

    It must be productive (fully informed, warrantied, voluntary).

    Therefore:

    a) IP must protect an investment (born cost), not squat an option: piss-on-a-fire-hydrant.

    b) IP cannot be used to deny a product to market, only to recoup an investment at some non-arbitrary multiple from a market.

    c) As a consequence it is hard to understand the grant of a monopoly rather than a commission. And it is hard to understand unquantified and long term IP.

    d) It is almost impossible to argue in favor of aesthetic ‘design patterns'(interpretive). It is quite easy to argue in favor of scientific, engineering, and software patterns(operational).

    e) it is human nature to retaliate against profiting from non-contribution (copying). This violates the test of productivity.

    In addition to productivity, grasping this subject requires an understanding full accounting (in this case opportunity costs),

    a) Polities form to decrease opportunity and transaction costs.

    b) Competition is the battle to seize opportunities created by density and property, and competition cannot form if one can squat opportunities (seize unhomesteaded property). Squatting opportunities is just a form of theft. Ergo IP that squats opportunities rather than recoups a risky investment is just theft by rent seeking.

    TRADEMARK

    A trademark is just another form of weight and measure that prevents misrepresentation. it is easy to argue for ‘design patterns’ (interpretive) limits on the use of them in a market – although it appears that enforcement is ridiculously overzealous because the law has no empirical means of measurement. This means of measurement is now available by the 2-3 second discretion test. Meaning that If a random group of people can glance at a pair of trademarks and not be be confused between or inferred by one another then empirically there is no confusion. Trademarks are very difficult to argue with.

    COPYRIGHTS

    Copyrights are the most questionable, although the market has solved this with the various Creative Commons and MIT etc licenses, which require consent for commercial use, but not for personal use. This preserves the demand for productivity for market participation.

    The central problem with copyrights is that they create opportunities for profitability in the ‘lower’ arts, producing low quality arts in volume and saturating the environment, the marketplace and the informational commons with low quality arts. The great works would not cease being produced by great artists if no money was available except by sponsorship. Conversely, the low arts would be impossible to fund. Revoking the total copyright on literary and artistic works, and defaulting to the creative commons instead, would collapse the hollywood market. Prohibiting dramatization of the lives of individuals would complete the suppression of their propagandism.

    Curt Doolittle

    The Propertarian Institute

    Kiev, Ukraine

    Source date (UTC): 2017-01-15 11:31:00 UTC

  • STATUS PRODUCTION IN THE DEFLATIONARY SOCIETY (important piece)(new insight by S

    STATUS PRODUCTION IN THE DEFLATIONARY SOCIETY

    (important piece)(new insight by Saini)

    Ricky Saini: —“Deconflation allows more status seekers to acquire status productively – as opposed to a monopoly of status acquired by a specific elite group of individuals that hoards it over everyone else.”—

    In a conflationary society one group attempts to hold all the status.

    In a deflationary society, we find elites in all methods of coercion (Martial/Paternal:Force/Threat, Economic/Brotherly: Remuneration/Payment, and Priestly/Maternal:Gossip/Advocacy-Shame), plus one method of decidability: the Judiciary, and one ‘Craftsmanly’ Art, Science, Engineering, Craftsmanship. and one familial: Paternal, Maternal, Number of Children, Manners/Culture.

    A deflationary society provides many more opportunities for high status by many other means, and therefore more incentive for personal achievement by social ‘competition’. There is more room for winners by moral means.

    Curt Doolittle

    The Propertarian Institute

    Kiev, Ukraine

    Source date (UTC): 2017-01-14 22:11:00 UTC

  • ERROR CORRECTION AND A RETURN TO CONQUEST? —“I’m seeing reports that indicate

    ERROR CORRECTION AND A RETURN TO CONQUEST?

    —“I’m seeing reports that indicate that we’ve captured most of the low-hanging fruit of exploration now, and our returns on exploration are continually reducing (collecting boulders > rocks > pebbles > sand) .

    Now it seems that we may be best employed by trying to use our discoveries more efficiently, removing error (refining). Perhaps this is the Olympian stage that has to result from the end of the Faustian evolution. (Punctuated Equilibrium).”—William Butchman

    In other words there is an inverse relationship between investment and return on exploration. And as a consequence an increasing return ON CONQUEST AND DOMESTICATION.

    😉

    Source date (UTC): 2017-01-13 19:50:00 UTC

  • One of the criticisms of fiat currency and manipulation of the money supply, is

    One of the criticisms of fiat currency and manipulation of the money supply, is that it damages the ability to form aristocratic families by means of saving, and drives all great families out of saving and production into financialization.

    ——- via Nick Zito ———

    Dan Kanivas, admirer of the millionaire next door

    Written Nov 10, 2015

    A recent article written by advisors to wealthy families discusses some of the common ways that family wealth is destroyed over multiple generations, as well as techniques to help prevent the destruction of family wealth over time:

    Wealth management usually comes in two parts: financial planning to increase and manage your wealth, and estate planning to protect and pass the wealth along to heirs with as few taxes as possible. Unfortunately, 70% of family wealth is destroyed by the second generation, and family unity is destroyed right along with the wealth. After three generations, the loss of wealth exceeds 90%.

    Some families, however, thwart lost fortunes and family dysfunction by adding a third component to their wealth management strategy: They prepare their heirs to receive an intellectual inheritance as well as a financial inheritance. When heirs are brought into a family’s stories, traditions, and values, they can better relate to their past and become better stewards of the family’s capital.

    The “shirtsleeves to shirtsleeves in three generations” saying is so true that nearly every culture on the planet has some version of it, including a 2,000-year-old Chinese proverb. It says the first generation works hard to create a fortune; the second generation enjoys the spoils of that fortune, substituting entertainment for hard work; and the third generation, with no role model to follow, squanders what remains of the fortune. Their children have to start all over again.

    What is to blame for the destruction of wealth, and why do so many families experience it? The culprit is not poor investment strategy, nor should people be quick to blame economic downturns or bad markets.

    Roy Williams and Vic Preisser, authors of Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values, collected data from 3,250 families who had lost their wealth. Less than 3% said poor planning and investments caused their reversal of fortune. Instead, 25% said heirs were unprepared, and 60% fingered lack of communication and trust in the family.

    The consequences of neglecting intellectual legacy can be seen in the families who ignored it, such as William Henry Vanderbilt’s heirs. Their fortunes could be worth over $300 billion in today’s dollars. However, by 1973, in just two generations, not a single heir was even a millionaire.

    Source date (UTC): 2017-01-11 09:08:00 UTC

  • Ragsdale – you have sort of stumbled on an interesting new media model…. hmmm.

    Ragsdale – you have sort of stumbled on an interesting new media model…. hmmm….. You’re functioning as a sort of editor across the board – a sort of ‘positive’ drudge report. Just as drudge has a ‘view’ thats desirable, you have an enditorial viewpoint that’s desirable.

    hmm…. It seems like you might be able to monetize this as long as you aren’t influenced by ad-dollars once you get going.

    Create news site. Copy drudge format (seriously) do it that simply. Maintain your sections of interest. Publish FROM there to the individual FB groups. Each post in each group ties back not only to a central FB group, but to the external web site.

    Spend 1k per month on search engine marketing.

    Try to attract advertisers.

    I think your POV is …. well it’s moral rather than purely scientific or purely political. You’re sort of filling that space.

    I think I get better news from you than I do from all my other blog subscriptions.

    Source date (UTC): 2017-01-02 11:51:00 UTC

  • “The necessary antidote to undue praise is to pick on losers. It may seem unspor

    —“The necessary antidote to undue praise is to pick on losers. It may seem unsporting, but heaping praise on the unworthy is also theft from the worthy. Medicine doesn’t always taste good but it’s usually better than the ailment. The fault lies with liars who make it necessary to set the record straight, not with those who do.”—-Ely Harman

    Source date (UTC): 2016-12-28 21:47:00 UTC