http://marginalrevolution.com/marginalrevolution/2013/11/the-changing-income-distribution-for-lawyers-average-is-over.htmlTHE END OF LAW AS A PREDICTOR OF GOOD INCOME
Lower standards
Too many lawyers
The expansion of the law into niche and nuance
The reordering of society to revolve around government where people are powerless, rather than courts where they are not.
Source date (UTC): 2013-11-25 03:11:00 UTC
Roman Skaskiw is right. Ukraine just needs about 10K white, conservative male entrepreneurs to move to this country, en masse.
I need to learn my Russian this year.
But I really should teach a workshop in entrepreneurship, and business ethics, because people in the west don’t grok why they do what they do, and people here can’t grok the difference.
It’s possible to articulate it. And easier to create a political movement based on that set of ideas, than it is any political set of ideas.
Trust is not a matter of belief. It is a matter of whether it’s possible and logical or not.
Source date (UTC): 2013-11-24 14:13:00 UTC
PERFECT WORK SCHEDULE EXPERIMENT
13 Month Business Calendar.
5 day work week + 2 day weekend.
5 day work week + 2 day weekend.
5 day work week + 2 day weekend. (release deliverable)
2 day work week + 5 day weekend. (planning next)
Holiday’s restart the cycle.
Gotta try that some day. And track performance.
Too hard to do unless you have something like Oversing.
Now, the data says that ‘people’ are only productive about six hours a day. But that doesn’t really apply to the high performance fields. Plenty of us who specialize in thinking, can work ten or twelve hours productively. And, I know, that if I don’t have other real-life distractions, I’m pretty good for 14 hours a day for six weeks before I get tired.
My favorite way to work, and I think this is true for most problem solvers, is to ‘sprint’. That means, to work very hard on a problem for up to three months, and then recover for a week or two. I’d actually rather work in sprints than I would at a constant pace.
And I don’t think I’m alone in that. I just think most people don’t get the opportunity, and so they have to try all sorts of games to remain interested in what they’re doing, precisely because they don’t set goals, and ‘sprint’.
One of the best reasons for sprinting, is that work doesn’t expand to fit available time, nor does work become diluted by a multitude of irrelevant but pleasantly distracting nonsense – like internal politics.
(just a thought for the day)
Source date (UTC): 2013-11-22 03:42:00 UTC
http://freakonomics.com/2013/10/25/why-are-the-japanese-no-longer-interested-in-sex/CONSUMPTION IS BETTER THAN SEX
(the future of america)
Source date (UTC): 2013-11-17 22:08:00 UTC
https://www.quora.com/What-is-the-best-Kanban-board-software-that-integrates-with-SharePoint
https://www.quora.com/What-is-the-best-Kanban-board-software-that-integrates-with-SharePoint
http://econlog.econlib.org/archives/2013/11/the_decline_of_4.htmlTHE DECLINE OF CREATIVE DESTRUCTION
Cause?
1) The loss of relative technical advantage due to world adoption of consumer capitalism, and abandonment of marxism, socialism, and communism.
2) Export of production and jobs due to high domestic taxes and cheap foreign labor.
3) The distortionary effects of credit on innovation – favoring short term speculation rather than long term innovation: a general shortening of time horizons
4) The misallocation of capital to reinforcing short run sectors including housing.
5) The misallocation of human capital to finance, government, and housing.
6) The failure to reform the education system out of its labor origins.
7) The dilution of the work force by third world immigration
8) The policy emphasis on consumption growth rather than innovation growth.
9) …..
I’ll just stop there…
HOW MUCH ARE ECONOMISTS RESPONSIBLE?
A lot actually. Because economics, as it is practiced, is a positivist enterprise incapable of measuring ‘what matters’: informal institutional capital.
Civilizations fail, for very simple reasons: the instruments of production, calculation, coordination, and cooperation, cannot adapt to changes in circumstances, nor can they resist regressive results under the auspices of ‘innovation’. The reason we get wealthier is in fact ‘science’ or rather ‘extension of empirical tools of calculation’ that allow us to create increasingly complex divisions of knowledge and labor. Accounting is a far better weapon than cannon because one cannot produce a lot of cannon without accounting, nor an army and supply chain to support it. Laws are important but common laws are more important than other forms of law. Geometry is important but calculus is more important than geometry for many categories of problems. Perhaps most importantly, OPERATIONAL LANGUAGE is more important than mystical or allegorical, or moral language, and operation language requires the presence of scientific, operational, evidence. And further, operational language requires quite a few more IQ points than allegorical language.
WILL TECHNOLOGY SAVE US FROM PROGRESSIVE DESTRUCTION OF THE WEST?
It is an act of faith. You cannot extrapolate a trend. Most of our gains have been largely the product of harnessing fossil fuels so that we could teach people to read.
Source date (UTC): 2013-11-11 01:55:00 UTC
http://charleshughsmith.blogspot.com/2013/11/the-generational-injustice-of-social.htmlWHY PROGRESSIVES ARE IN DENIAL….
….over the immorality of GROWTH via CONSUMPTION and IMMIGRATION, rather than GROWTH via CONSTANT POPULATION and INVENTION.
Because if they don’t stay buried in denial, they have to admit that their greatest ‘achievement’ of the 20th century was a catastrophic failure that destroyed the inter-GENERATIONAL system of calculation, cooperation and incentives.
You know, there isn’t much difference between the necessity of money and prices for temporal coordination, and for the necessity of credit and interest for short inter-temporal coordination, and for the accumulation of wealth, and borrowing for long term, intergenerational coordination. These means of calculating are necessary, not arbitrary.
FACTS
The following are true;
(a) consumption requires that population increases.
(b) growth requires that innovation increases
(c) consumption is not growth it is expansion – there is a difference.
(d) consumption can finance growth.
(e) the limit of consumption to finance growth is determined by the rate of invention produced by the financing of consumption.
(There is a tidy graph defined here, but I”m not interested enough to go draw it, so I’ll leave it up to your imagination.)
I don’t need to bring up that growth via consumption is dysgenic, and growth via invention is eugenic. We have to think about THE PLANET after all.
I also don’t need to bring up that growth via consumption is the (mindless) female reproductive strategy that depends on regulation by nature, and that growth via invention is the (mindful) male reproductive strategy, and that this largely provides the explanation for the differences in voting behavior.
NO FREE LUNCH
Source date (UTC): 2013-11-10 02:31:00 UTC
ENTREPRENEURSHIP: PAIN TOLERANCE
I’ve said this before, but it seems to me that the difference between entrepreneurs and other people, is largely (a) pain tolerance (b) extraordinary competitiveness and (c) unhealthy confidence bordering on ruthlessness.
I mean, I’m burning through a tremendous amount of money building Oversing. It HURTS just to think about it. It hurts largely because of how hard I had to work to make that money.
But the flip side is that I can control it, and make it what I want it to be, without compromise. And If I’m reasonably successful, my return on investment will be about 100x or so.
Entrepreneurship isn’t for the weak or the timid. That’s for sure.
Edison said mentioned Inspiration and Perspiration but somehow he forgot to mention risk and pain tolerance, myopic and obsessive dichotomous thinking, and the desire and ability to sell ideas. ‘Cause selling is what it takes to do almost anything.
“SCHUMPETERIAN THINKING” : the love of creative destruction.
Source date (UTC): 2013-11-09 15:12:00 UTC
THE LOWEST AMERICAN PARTICIPATION IN THE WORK FORCE SINCE 1978
“On Friday, the Labor Department reported that 720,000 Americans left the labor force. This exodus pushed the labor force participation rate down to 62.8%, the lowest level since 1978. One out of three adults in neither working nor actively looking for work”
MORE THAN ONE THIRD OF AMERICANS ARE OUT OF IT. 🙂
Source date (UTC): 2013-11-08 14:15:00 UTC