Theme: Productivity

  • THE LIMIT OF GOODNESS IN FREE TRADE. The question is rarely free trade but the l

    THE LIMIT OF GOODNESS IN FREE TRADE.

    The question is rarely free trade but the long term strategic and short term civic impact of loss of human capital.

    And trade regulation is like violence and can be put to good or ill.

    Bargaining with it is different from giving away rents. Making use of comparative advantage is different from losing strategic knowledge and capacity.

    Weaponising comparative advantage in labor costs, credit, or technology is fairly easy and a common occurrence.

    The most common example is selling mosquito nets in Africa and driving the local business out, then deciding it isn’t profitable enough of a market. The same is true for driving customer service and choice and quality from a market. Artificially constrained scarcity is frequently used to subsidise excellence in what would otherwise be a lowest common denominator market.

    Shopping malls, tourist areas, City Centers, neighbourhood housing designs, regional building codes, inventory catalog assortments, national product distributions, advanced research and development industries and even elite universities and large industrial employers all practice the desire to maintain the quality and variety or consistency of their offerings. And it is precisely this technique which generates comparative advantage.

    There are no limitless general rules in economics. The limit of the good of free trade is rent seeking but not does not include capital accumulation.

    Lower short term prices at the expense of long term capital is one of the worst possible false efficiencies because it is not in fact productive.

    Just as protection used to fund privatisation and political influence is one of the worst inefficiencies because it is neither productive nor increases capital nor produces discounts for consumers.

    I distrust most current libertarian arguments because they all rely on limitless general rules which cannot exist in economics – a body of thought which describes equilibrial not linear processes.

    So you should mistrust then just as much as any Keynesian restatement of Marxism.

    Curt Doolittle

    The Philosophy of Aristocracy

    The Propertarian Institute.

    Kiev, Ukraine


    Source date (UTC): 2015-10-20 12:24:00 UTC

  • MORE ON MALE AND FEMALE DISTRIBUTIONS: DIVISION OF LABOR Just as there are bata

    MORE ON MALE AND FEMALE DISTRIBUTIONS: DIVISION OF LABOR

    Just as there are bata males there are alpha women. When I use the terms men/male/males women/female/females, I refer to the difference in distributions. Attractive married women vote red, and single, unattractive and unmarried women vote left. Thats the data.

    And here is another example of ‘women’s logic’: men will intuit that ‘by and large this is true’ women will find the exceptional case and say ‘that isn’t universally true’. But ‘by and large’ does not mean that it is universally true, and an outlier does not determine a general case. But you will find in almost every case some women in the group saying such a profoundly stupid thing.

    Why? Because they evolved to think about children being left behind because they are betas, or women being left behind because they are pregnant, or groups being left behind because they are too young or weak to travel – and that is against their strategy.

    EVOLUTIONARY BIOLOGY

    When you want to understand human beings, then you look to evolutionary biology. Our minds act on behalf of our genes without any greater knowledge of why or how than we have knowledge of how to move our arms and legs – we just do. Our words justify the intuitions of our minds. Our reason evolved to negotiate cooperation on behalf of our genes. Our genetic differences divide us in to an intertemporal distribution of perception, cognition, knowledge labor and advocacy, and voluntary cooperation is the equals=sign that assists us in finding an average of everyone’s interests.

    NEGOTIATION IN A PERCEPTUAL DIVISION OF LABOR

    Words are mostly nonsense even when we don’t ourselves know they are nonsense. That is why truth matters so significantly. Unlike Kant, I do not claim we cannot know the world. I claim that we must cleans error from our knowledge so we know the difference between what our genes evolved to specialize in seeing, and the entire picture we can see without those specializations.

    PROFOUND INNOVATION

    You may not realize in reading this that it is a profound innovation in philosophical thought, but it is and it will change your life if you grasp it.

    Curt Doolittle

    The Philosophy of Aristocracy

    The Propertarian Institute

    Kiev, Ukraine


    Source date (UTC): 2015-10-17 06:28:00 UTC

  • Yes. Postwar Privilege Ended. That’s Why.

    http://www.theatlantic.com/business/archive/2015/09/when-america-was-great-taxes-were-high-unions-were-strong-and-government-was-big/407284/ [L]ets Look at History: 1) Americans conquered a new continent 2) They sold off this continent to immigrants 3) They sold consumer goods to these immigrants. 4) They caused a collapse in prices in Europe (like china does to americans today) 5) They created new fiat money to give credit to these immigrants. 6) They directed these profits to investment in everything including the 20’s boom. 7) Europeans sought to control german expansion and created the european civil war. 8) The resulting correction and the oppressive settlement with Germany led to the second world war, which was merely an extension of the first, and which destroyed the word’s economy. 9) Americans inherited control of the British empire’s trading lanes and took over as the reserve currency. 10) American workers benefitted from producing expensive but low quality products to a world largely destroyed by war. 12) It took to the 1970’s for the world to reasonably rebuild. 13) In 1990 the effects of Chinese abandonment of communism and their entry into world labor started the dramatic shift in american consumption of consumer goods, just as america had done to Europe more than a century before. 15) In 2007 the rest of the world has largely adopted the same fiat money and consumer capitalist techniques. 16) In 2015, Americans have lost most competitive advantages EXCEPT for their GERMANIC high trust ethics and rule of law. 17) By 2040 Americans will lose their advantage in high trust ethics and rule of law to cultural and genetic conquest.

  • Yes. Postwar Privilege Ended. That’s Why.

    http://www.theatlantic.com/business/archive/2015/09/when-america-was-great-taxes-were-high-unions-were-strong-and-government-was-big/407284/ [L]ets Look at History: 1) Americans conquered a new continent 2) They sold off this continent to immigrants 3) They sold consumer goods to these immigrants. 4) They caused a collapse in prices in Europe (like china does to americans today) 5) They created new fiat money to give credit to these immigrants. 6) They directed these profits to investment in everything including the 20’s boom. 7) Europeans sought to control german expansion and created the european civil war. 8) The resulting correction and the oppressive settlement with Germany led to the second world war, which was merely an extension of the first, and which destroyed the word’s economy. 9) Americans inherited control of the British empire’s trading lanes and took over as the reserve currency. 10) American workers benefitted from producing expensive but low quality products to a world largely destroyed by war. 12) It took to the 1970’s for the world to reasonably rebuild. 13) In 1990 the effects of Chinese abandonment of communism and their entry into world labor started the dramatic shift in american consumption of consumer goods, just as america had done to Europe more than a century before. 15) In 2007 the rest of the world has largely adopted the same fiat money and consumer capitalist techniques. 16) In 2015, Americans have lost most competitive advantages EXCEPT for their GERMANIC high trust ethics and rule of law. 17) By 2040 Americans will lose their advantage in high trust ethics and rule of law to cultural and genetic conquest.

  • Definitions: Capitalism, Mixed Economy, and Socialism: A Eugenic vs Dysgenic Game

    RIGHT: Capitalism: the voluntary organization of production as a the result of the incentives that result from the anarchic evolution of money, prices, exchanges and contracts under the single principle, norm, regulation or law of the voluntary exchange of private property. This process is naturally meritocratic and eugenic and therefore scientific, which is the reason why the marxists despise it. CENTER: Mixed economy: the voluntary organization of production of capitalism, combined with the involuntary confiscation and redistribution of the proceeds of production. It can be dysgenic or eugenic, meritocratic or not, depending upon the amount of confiscation and the use of confiscated proceeds. This is the least worst option in which neither lower nor upper classes can obtain better conditions. (Like marriage).

    LEFT: Socialism: the involuntary organization of production and the distribution of proceeds independent of the contribution to production. It is dysgenic and non meritocratic, and provides insufficient incentives to produce enough to meet demands. But this prevents the lower classes from being ‘left behind’ which is their central intuitionistic fear.
  • Definitions: Capitalism, Mixed Economy, and Socialism: A Eugenic vs Dysgenic Game

    RIGHT: Capitalism: the voluntary organization of production as a the result of the incentives that result from the anarchic evolution of money, prices, exchanges and contracts under the single principle, norm, regulation or law of the voluntary exchange of private property. This process is naturally meritocratic and eugenic and therefore scientific, which is the reason why the marxists despise it. CENTER: Mixed economy: the voluntary organization of production of capitalism, combined with the involuntary confiscation and redistribution of the proceeds of production. It can be dysgenic or eugenic, meritocratic or not, depending upon the amount of confiscation and the use of confiscated proceeds. This is the least worst option in which neither lower nor upper classes can obtain better conditions. (Like marriage).

    LEFT: Socialism: the involuntary organization of production and the distribution of proceeds independent of the contribution to production. It is dysgenic and non meritocratic, and provides insufficient incentives to produce enough to meet demands. But this prevents the lower classes from being ‘left behind’ which is their central intuitionistic fear.
  • THE ORIGIN OF GREATNESS IN CULTURAL PRODUCTION (worth repeating) Greatness in we

    THE ORIGIN OF GREATNESS IN CULTURAL PRODUCTION

    (worth repeating)

    Greatness in western culture was achieved through rule and wealth made possible by technology, violence and the discovery of truth used together to suppress chaos, and impose order, leaving production as the only option for survival.

    Great arts were produced as status signals. And it was possible because of significant concentration if wealth, and accumulated talent built over generations because of that demand.

    We cannot wish greatness into being. We can only create the circumstances under which we can afford to have it emerge.


    Source date (UTC): 2015-10-14 08:48:00 UTC

  • OVER-INVESTING IN FUTURE EXECUTIVES WHILE CONSTRAINING CURRENT MANAGEMENT COSTS.

    OVER-INVESTING IN FUTURE EXECUTIVES WHILE CONSTRAINING CURRENT MANAGEMENT COSTS.

    I have usually over invested in management talent and it shows in the profits on one hand and in growth rates on the other. I only build growth companies.

    It takes a few years to train someone well enough to operate successfully. And if you want growth you need talent.

    This is why my criticisms of middle management don’t seem right.

    But I don’t hire middle managers. I hire future executives in training and I rotate them all over the company.


    Source date (UTC): 2015-10-12 14:41:00 UTC

  • CAPITALISM IN EVERYTHING —“According to The Economist,… the number of porn s

    CAPITALISM IN EVERYTHING

    —“According to The Economist,… the number of porn studios in America is now down from over 200 to 20. Performers who used to make $1,500 an hour, now get $500 and before the launch of porn tubes, the industry’s estimated revenue was $40 billion to $50 billion, which is believed to have fallen by at least three-quarters since [to $10B]”—


    Source date (UTC): 2015-10-06 02:57:00 UTC

  • CEO LEADERSHIP: SOCIOPATHY OR TRUST? 😉 When you are way out in front, impossibl

    CEO LEADERSHIP: SOCIOPATHY OR TRUST? 😉

    When you are way out in front, impossible to understand, and incapable of conveying your ideas across the chasm, you develop means of building trust that compensates for comprehension.

    This is mistakenly called sociopathy by analysts of successful entrepreneurs: the progressives cannot imagine the severity of the dunning Kruger effect as you move downward in the talent pool.

    The most effective means I have found for developing trust is accessibility, participation, and over-communication. If you answer enough ‘why’ questions honestly then they just start trusting you. And to maintain that trust merely publicly admit to failures now and then and explain why you were mistaken.

    As a consequence you teach your organization to use the same patterns as you do, and to come to similar conclusions.

    I am unable and unwilling to micro manage. So it is the only option available to me.

    But I can also move an entire organization in a different direction in ninety days precisely because I force my people to manage themselves, and the don’t need me to micro manage.

    There are serious negative externalities to my method that have repeatedly caused me catastrophe: these people tend to think they are better than they are and not dependent on my direction and counsel.

    And when I leave a company the consequence is always the same.

    Decline.

    I wish I knew how to fix it.


    Source date (UTC): 2015-10-05 09:55:00 UTC