Theme: Productivity

  • Unless you’re trying to make the claim that consumption is an intrinsic good sup

    Unless you’re trying to make the claim that consumption is an intrinsic good superior to all other goods.


    Source date (UTC): 2015-11-06 15:28:08 UTC

    Original post: https://twitter.com/i/web/status/662652695711522816

    Reply addressees: @DIA_operative

    Replying to: https://twitter.com/i/web/status/662643866063892480


    IN REPLY TO:

    @DIA_operative

    @curtdoolittle Except you’ve only ‘proven’ that trade can run at a loss, which is part of the process. Freed capital is an intrinsic good.

    Original post: https://twitter.com/i/web/status/662643866063892480

  • Freed capital is a general rule not an intrinsic good. Accumulating capital is a

    Freed capital is a general rule not an intrinsic good. Accumulating capital is an equally intrinsic good.


    Source date (UTC): 2015-11-06 15:26:08 UTC

    Original post: https://twitter.com/i/web/status/662652192294326272

    Reply addressees: @DIA_operative

    Replying to: https://twitter.com/i/web/status/662643866063892480


    IN REPLY TO:

    @DIA_operative

    @curtdoolittle Except you’ve only ‘proven’ that trade can run at a loss, which is part of the process. Freed capital is an intrinsic good.

    Original post: https://twitter.com/i/web/status/662643866063892480

  • is the model for both natural and social sciences. If wages for labor rose in th

    http://andrewmcafee.org/2012/12/the-great-decoupling-of-the-us-economy/Information is the model for both natural and social sciences.

    If wages for labor rose in the industrial era and are declining in the information era then those prices (wages) are telling us something.

    If wages for problem solvers was limited in the era of concentrated capital (early industry), and is expanding in the era of distributed capital between temporary alliances of firms – then we should see increasing wages where capital is concentrated and decreasing wages where distributed.

    So instead of wealthy and poor countries we have wealthy and poor firms. And we have a declining wage for anyone not in a firm able to concentrate capital.

    And capital today is available at zero cost. So the only marginally competitive value is in human beings marginally superior to other human beings.

    Technological man is the scarce resource(genetics). High trust is the scarce political environment(culture).

    The industrial era was an outlier.

    Farming went from a good business in 1830, to a terrible business in 1930.

    Industrial labor is following farming.

    And white collar labor is close behind.

    Hence Propertarianism tells me that we must pay off the unemployable to maintain the commons, and decrease their numbers.


    Source date (UTC): 2015-11-05 08:22:00 UTC

  • POLITICAL ECONOMIST’S ANALYSIS: (Important concept) 1) Yes, global inequality on

    http://techcrunch.com/2015/11/03/marc-andreessen-and-sheryl-sandberg-tech-is-not-driving-income-inequality/A POLITICAL ECONOMIST’S ANALYSIS:

    (Important concept)

    1) Yes, global inequality on a COUNTRY by COUNTRY level is declining (profoundly). This is because few countries fail to adopt and practice consumer capitalism (the voluntary organization of production distribution and trade, made possible by fiat money and credit: the use of shares in the nation’s government as a money substitute.)

    2) BUT, as a consequence, the FIRM that you work for is now more influential than your COUNTRY in determining your relative income.

    *If you let that sink in, it will profoundly alter your perception of the world. The west developed rule of law (instead of rule by law), property rights, contract law, accounting, banking, credit, interest, fiat money, fiat credit, high-trust, and consumer capitalism – but like any technology, this consumer capitalism is open to adoption. Furthermore, it is this consumer capitalism that is the origin of western relative prosperity, and democracy is an expensive luxury good made possible by consumer capitalism and high trust. The west will continue to prosper as long as high-trust is preserved. But, preservation of this high trust – the extension of kinship trust to customers and neighbors – is incompatible with current political doctrine. Small homogenous scandinavian countries on the edge of a wet continent with no hostile borders, and no competitors are not role models – they are outliers.*

    Curt Doolittle

    The Philosophy of Aristocracy

    The Propertarian Institute

    Kiev, Ukraine


    Source date (UTC): 2015-11-05 05:40:00 UTC

  • An absurd proportion of revolutionary thinkers have used amphetamines to increas

    An absurd proportion of revolutionary thinkers have used amphetamines to increase their productivity.

    Today we rely upon cognitive enhancers that are close relatives to amphetamines but with fewer side effects.

    I must take a rather gentle ssri to overcome the influence of the conceptual OCD that comes with my autism or life is almost impossible. But to some degree this serves the reverse purpose of allowing me to switch contexts.

    I am afraid of addictive drugs but I am very jealous of those who gain verbal clarity from the use of cognitive enhancement.

    But, honestly, I would willingly pay the high cost of addiction and withdrawal for the benefit of being able to write daily the way I write when at my best.

    I have so much work to do in life. So much more to accomplish. And too few days to tolerate those that are unproductive.


    Source date (UTC): 2015-11-04 06:26:00 UTC

  • High trust is very different from moral and preferable arguments – it’s competit

    High trust is very different from moral and preferable arguments – it’s competitive economics.


    Source date (UTC): 2015-10-31 10:10:13 UTC

    Original post: https://twitter.com/i/web/status/660398361451896832

    Reply addressees: @ne0colonial @SanguineEmpiric @wargfranklin

    Replying to: https://twitter.com/i/web/status/659869294382047232


    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/659869294382047232

  • Repeat after me: “I agree to rule; to rule of law; to rule by the prohibition of

    Repeat after me:

    “I agree to rule; to rule of law; to rule by the prohibition of free riding upon the productivity of others; to take responsibility for rule; to pay the costs of my rule; and to deny others the ability to rule, so that I, my kin, my people, and mankind, may evolve in sovereignty, productivity and prosperity. I am man. I am sovereign. And I promise to be warrior, sheriff, judge and legislator.”


    Source date (UTC): 2015-10-26 10:44:00 UTC

  • capitalism: the voluntary organization of production and consumption. Socialism

    capitalism: the voluntary organization of production and consumption. Socialism the involuntary organization of both.


    Source date (UTC): 2015-10-25 22:48:03 UTC

    Original post: https://twitter.com/i/web/status/658414750754320384

    Reply addressees: @David_Boaz @pbump

    Replying to: https://twitter.com/i/web/status/658412000784044032


    IN REPLY TO:

    @David_Boaz

    “Defining socialism” w/o mentioning nationalization or centralizing planning? @pbump https://t.co/vofDnqbTqD

    Original post: https://twitter.com/i/web/status/658412000784044032

  • Untitled

    https://mises.org/blog/poor-us-are-richer-middle-class-much-europe

    Source date (UTC): 2015-10-25 14:30:00 UTC

  • TRADE AND THE FOURTH ESTATE (MEDIA) Very Interesting Article

    http://angrybearblog.com/2015/10/failure-of-globlization-and-the-fourth-estate.htmlFREE TRADE AND THE FOURTH ESTATE (MEDIA)

    Very Interesting Article


    Source date (UTC): 2015-10-23 04:26:00 UTC