Theme: Science

  • ARE THE SHORTCOMINGS OF THE AUSTRIAN SCHOOL OF ECONOMICS? I’ve written extensive

    https://www.quora.com/What-are-the-shortcomings-of-the-Austrian-School-of-Economics%E2%80%99-understanding-of-economics/answer/Curt-Doolittle?share=2f1878fc&srid=u4QvWHAT ARE THE SHORTCOMINGS OF THE AUSTRIAN SCHOOL OF ECONOMICS?

    I’ve written extensively on this and I’ll make a few (possibly unpleasant) but clarifying points to explain why Today’s “Austrian School” is to the original “Mengerianism”, what Today’s “Liberalism” is to the original “Classical Liberalism”: an ‘appropriated term’. And Misesianism has little if anything to do with Mengerianism other than the most trivial inclusion of marginalism.

    THE SHORT VERSION

    If we are talking about the Mengerian revolution, there are no shortcomings, and those insights as of 2008 appear to have been fully incorporated into mainstream economics.

    If we are talking about how mainstream Austrians practice economics today, by the successors to both the Mengerian and Misesian ‘branches’ of the Mengerian revolution, we have one insight that is not incorporated into mainstream economics: the test of the ethics and morality of economic statements by construction a ‘proof of possibility’: that any such proposition can be demonstrated by a series of both rational choices and tests of reciprocity. Mainstream Economists rely on Rawlsian (left) ethics and Pareto optimums, where Austrian Economists would rely on Classical Liberal ethics, and each solve for solutions under those ethical constraints.

    If we are talking about the propaganda put out by the Rothbardians then that’s something altogether different, and has nothing to do with either of the above.

    But let’s go into some detail.

    THE SCHOOLS

    The Mengerian school applied the insights of calculus to economics, producing marginalism, and as a consequence, subjective value, and as a consequence overthrew the historical error of the labor theory of value.

    The mengerian school attempted to construct a DESCRIPTIVE social and political science from economic evidence. In contrast to the Chicago school which attempts to produce policy under rule of law – meaning ‘without human discretion’; and in contrast with the Saltwater School (new york), attempting to maximize consumption by policy – meaning ‘arbitrary rule’.

    So the Austrian, Chicago, and New York schools of economics pursued very different ‘limits’ and ‘methods of decidability’ (categories and values) in their investigation of economic phenomenon, and for very different reasons. Instead of all of these schools pursuing ‘economic science’ it is more accurate to say that they each practice the application of economics to politics in three different ways.

    Austrian (Virginia/GMU):

    The production of institutions that eliminate frictions, allowing the greatest cooperation among peoples in a market economy. This, under the assumption that interferences in the economy were unwise, and would merely increase the severity of future corrections. (The Conservative Position)

    Freshwater (Chicago):

    The use of monetary policy to insure the economy and the polity against the unavoidable corrections that occur whenever certain combinations of opportunities, organizations, talents, and resources are disrupted either incrementally or by shocks, by the discovery of formulae that allowed rule of law to persist, yet insure people against harm. This, under the assumption that while interference in the economy was a moral hazard, a violation of rule of law, and would spiral into increasingly worse forms of harm, that the value of limiting shortages, insuring against shocks, was better than the consequences of not doing so. (The Classical Liberal Position)

    Saltwater (New York):

    The use of fiscal (spending) policy (debt) for the purpose of maximizing consumption and therefore overall wealth – under the assumption that any harms caused by the misallocation of organizations, talents, and resources to exhausted opportunities, would provide greater interim benefit that would compensate for any future harms. (The Leftist Position) (Krugman, Delong et al)

    This spectrum: Austrian (Social Science/conservative), Chicago (Rule of Law/classical), New York (Arbitrary Rule/progressive) also reflects Time Preference: Long, Medium, and Short term. Which in turn reflects class and gender moral biases (Mature Male, Maturing Male, and Female). Which in turn reflects institutional emphasis: i) Austrian: Demographics, educational policy, formal and informal institutional policy. ii) Industrial policy, Trade Policy, Monetary Policy, iii) Monetary, fiscal policy, and redistributive policy.

    At this point in time, Mengerian insights are fully incorporated into mainstream economics – although until 2008, the mainstream resisted the hypothesis that all attempts to correct the economy through monetary policy produced cumulative distortions of increasing duration. At this point that matter is settled, and the Mengerian insights have been incorporated into Mainstream thought.

    UNSOLVED QUESTIONS IN ECONOMICS AND POLITICS

    -Full Accounting (Ending Economic Cherry-Picking)-

    At present, we measure economic velocity (relative change) in may different ways but we do not measure absolute change: the change in state of the total set of capital. In other words, the economic profession produces Income Statements but never Balance Sheets. So in the very broad set of capital that constitutes a polity and its economy we actually measure almost nothing: genetic, cultural, normative, scope-knowledge (what), technical knowledge (how), legal, institutional, territorial, resource, monumental, built, physical, and private.

    The measurement of relative change (velocity) rather than changes in capital stocks, is the reason why economics consists very largely of cherry picking in order to justify our different gender, class, cultural, and civilizational biases.

    So, this is why the Krugman/Delong and the French, The Chicago and mainstream american, and the ‘old fashioned’ Austrians all make different claims about economics: None of them practices full accounting, and therefore engages in cherry-picking. (They will all give you similar excuses. Which I ought to start collecting for the sake of posterity and future laughter.) The reason is simple: (a) we lack sufficient data because of our accounting methods and the financial use of ‘pooling’ to provide sufficient data. (b) we willfully do not measure changes in capital. (c) the people who best understand this problem are in the financial sector and profit from it. (d) the people who are in government lack the knowledge (and usually the intellectual capacity) to understand it. (e) because it is difficult to understand it is (fairly) difficult to legislate changes to the status quo. (f) if the people did understand what is done to them (they intuit it’s wrong but can’t explain it) they would make the french revolution look like church service.

    -Economics (Money)-

    There is clear benefit to recording, analyzing and publishing economic information that prevents malinvestment (or misuse of investment funds). There is clear benefit to managing the money supply as long as it does not create malinvestment. It is not clear that savings should be conducted with the same currency as the commercial currency. It is not clear that savers have a right to appreciation of a commercial currency at the expense of others any more than they have an obligation to absorb losses. And given that the value of insuring the money supply against shortages that might minimize consumption and investment, How do we manage the money supply? What basket of targets do we use? Is it moral (or wise) to allow interest on consumer credit issued from the Treasury when it is not any longer de facto insured by banks? (My answer is ‘no’ – it’s predatory on a scale that the most extractive of despots could not dream of). Is any of our policy or economics meaningful in an era where liquidity can be provided directly to consumers via debit cards from the treasury and the consequences immediately measured regardless of financial sector and entrepreneurial sector estimates of the future ending the zero interest rate problem, and ending the problem of cheaper money reinforcing and expanding patterns of malinvestment.

    -Government (Production of Commons)-

    It is increasingly clear that the silicon valley model of investment is indistinguishable from the christian monarchies under the combination of local rule of law and federal church sanction, in the same way the chinese model of government is indistinguishable from the management of a fortune 50 conglomerate. And it is increasingly clear that both of these models are superior to the results of 20th century democracy. The difference is that the Han are a single sub-race (extended family), as Europeans were until the present. While the silicon valley model is closer to the Cosmopolitan, for the same reason: silicon valley does not have to insure itself, it’s territory, or its currency So we can see three future political models: the homogenous kin-corporate (chinese), the homogenous kin-private, and the ‘borderland’ diverse non-kin private (silicon valley).

    THE MISESIAN INSIGHT – AND DOWNFALL

    Mises was creative, and had read a great deal of the work of contemporaries – which is why his ideas are not his but others (Weber, Simmel). He had a very clear if not the clearest – understanding of money. But had a very poor understanding of mathematics and science. And was not very clear on the broader intellectual movements that had preceded him, or were current.

    So while Mises discovered and articulated “economic operationalism”, he conflated mathematics (axiomatic declarations, and proofs of possibility) with science (theoretical observations, and survival from criticism) into a pseudoscience of Praxeology – in which he claimed all economic research should be performed operationally.

    He confused the Moral and Legal (justificationary), with the True and Scientific (survival from criticism).

    Praxeology – Economic Operationalism – is a method of testing rational choice and moral reciprocity in economic propositions when people are possessed of information heavily weighted by prices, and when they are rational actors, working from simple stacks of priorities. Just as is Intuitionistic Mathematics, Operational Language in the Sciences, and Operationism (the newest application of operationalism) in Psychology.

    But this is logically and empirically false.

    People act irrationally because of a set of cognitive biases and fragmentary information;

    People decide preferences on networks not stacks – meaning Mises did NOT – like Menger – rely on the calculus, and worse, he used a very narrow interpretation of marginal utility – that humans decided by a stack of values, rather than the sum of the weights of a set of values.

    Prices are but one factor of economics and prices decline rapidly in interest after commodities. People purchase heavily on signal value, not investment or commodity value.

    Empirical measurements can in fact identify economic phenomenon not rationally identifiable by rational construction (ie: sticky prices).

    What appear to be cumulatively immoral actions by the state can (in some circumstances) produce superior returns that do not violate the material interests of risk takers dependent upon intertemporal calculation.

    So it’s somewhat tragic, that in the science in which Operationalism is most important, and Mises’ discovery of Economic Operationalism, approximately coincided with Popper’s invention of Falsification, Poincare’s Criticism of Cantor, Brouwer’s Intuitionism (mathematics), Bridgman’s Operationalism (physics), and Hayek’s later discovery that the empirical common law is both the origin of the empirical method, and the only scientific means of governance: Nomocracy – Rule of Law.

    And that because all these thinkers failed to grasp that they had formed a movement, and that this movement’s value culminated, not in mathematics – but in economics. Because Science is but a moral discipline by which together we seek to remove ignorance, error, bias, and deceit. And that economics is the discipline in which pseudoscience is most harmful to us and mankind, if for no other reason than the consequences of our folly and deceit are both profound, and distant.

    THE CULTURAL ARTIFACTS OF THE COUNTER-ENLIGHTENMENTS

    We all bring our culture’s methodologies to the intellectual table, and Mises brought conflationary jewish law to the table. All the enlightenment era thinkers have done so – and still do. We tend to use the names of philosophers rather than the Operational names of their methodologies but we can illustrate the drag of intellectual traditions on the enlightenment by stating the method: The anglo empirical-legal-protestant, the french moral-catholic, the german rationalist-prostestant, the russian literary-orthodox, and the jewish-conflationary-legal.

    The only deflationary method was the original: the anglo empirical-legal. ‘Science’ in the ancient world, like science in the later medieval and early modern, evolved out of the practice of competitive, testimonial, evidentiary, empirical, common Law.

    The problem for the anglos has been that contracts presume equality under the law, and this assumption led to the utopianism of ‘an Aristocracy of Everyone’. Just as the French a ‘Family of Everyone (dressed up in aristocratic clothing)’, Just as the German ‘An Army of Pious Duty of Everyone’, Just as the Jewish led to a ‘Wandering Separatism of Everyone’.

    The ‘Vienna’ intellectual group – “Austrians” housed two very different sets of thinkers: The Christians who were German and Polish: the Mengerians, and the Misesian, who was Jewish and from L’viv Ukraine.

    Both regions were in then ‘Galacia’ under the control of the Austrian Empire. At that point in time L’viv was one of the most populous jewish cities in europe as well as the ‘borderlands’ (where russians allowed jews to settle).

    The categorization of Mises as a member of Menger’s Austrian school has been the subject of disagreement and still is – in the past, justifiably criticized as ‘jewish economics’.

    Methodologically, Misesian thought relies upon jewish thought, just as much as Mengerian thought relies upon Germanic.

    -Deflation vs Conflation-

    Western Deflation (Competition:Institutions) vs Semitic Conflation (Monopoly:Religion)

    While one of the hallmarks of western civilization is deflationary truth, and as a consequence, deflationary disciplines (mathematics, science, law, morality, literature, religion), deflationary institutions (divided govt), Mises, in the Jewish tradition, ( in the Abrahamic tradition in general) conflated morality, law, mathematics and science into ‘praxeology’ and his arrogance ( not unlike Marx) prevented him from acknowledging his failure until late in life, when he acquiesced to economics being a mixture of empirical and operational but he still did not draw the conclusion that had been made by Weber, Brower, Bridgman, if not Popper: that the ‘truth’ is discovered by the market competition between the scientific method’s attempt to deflate reality down into operations (laws), and the test of whether an intermediate theory survives construction from laws (axioms).

    Given that we know the first principles of social science: rationality and reciprocity we can test all economic propositions even though due to categorical plasticity due to substitution effects.

    Given that we do not know (yet) outside of perhaps chemistry, the first principles (operations) of the physical universe – because the universe cannot ‘choose’ it is fully deterministic (even if so casually dense it is not predictable through measurement) and we must be able to describe the physical universe in mathematics as proof of construction instead.

    This is only possible because mathematics is correlatively descriptive of external phenomenon, even if it is internally fully operational (real).

    So mathematics provides a good substitute for the operations of the universe – until we know the first principles of the universe.

    Which is what our friend Mr Wolfram’s (ack) ‘new science’ (confusing a logic and a science again) is: the study of the consequences of operations, INSTEAD of the DESCRIPTION of the consequences of operations using mathematics.

    CLOSING

    So it is better to say that Mises created a ‘jewish heresy’ or branch of the Vienna school, and that followers have used the marxist strategy of a) ‘appropriating terms’ (austrian school), b) ‘heaping of undue praise’, c) ‘straw man criticism as a vehicle for pseudoscientific propaganda’, d) ‘pseudoscientific or pseudo-rational argument (justificationary apriorism, praxeology as a science exclusive of empirical science rather than that scientific propositions require survival of the tests of both empirical consistency and operational consistency), d) vociferous evangelism, and voluminous propagandizing (‘gossip’).

    Curt Doolittle

    The Propertarian Institute

    Kiev, Ukraine.

    *I know this might be heavy reading but it’s very important, and profound.*

    —-

    NOTE: This facebook Page contains a series of articles that cover his position in intellectual history in detail. (See Facebook Page for Scientific Praxeology-Economic Operationalism)

    (https://www.facebook.com/groups/scientific.praxeology/permalink/750994611656577/)


    Source date (UTC): 2017-06-12 10:30:00 UTC

  • What Are The Shortcomings Of The Austrian School Of Economics’ Understanding Of Economics?

    WHAT ARE THE SHORTCOMINGS OF THE AUSTRIAN SCHOOL OF ECONOMICS?

    I’ve written extensively on this and I’ll make a few (possibly unpleasant) but clarifying points to explain why Today’s “Austrian School” is to the original “Mengerianism”, what Today’s “Liberalism” is to the original “Classical Liberalism”: an ‘appropriated term’. And Misesianism has little if anything to do with Mengerianism other than the most trivial inclusion of marginalism.

    THE SHORT VERSION

    If we are talking about the Mengerian revolution, there are no shortcomings, and those insights as of 2008 appear to have been fully incorporated into mainstream economics.

    If we are talking about how mainstream Austrians practice economics today, by the successors to both the Mengerian and Misesian ‘branches’ of the Mengerian revolution, we have one insight that is not incorporated into mainstream economics: the test of the ethics and morality of economic statements by construction a ‘proof of possibility’: that any such proposition can be demonstrated by a series of both rational choices and tests of reciprocity. Mainstream Economists rely on Rawlsian (left) ethics and Pareto optimums, where Austrian Economists would rely on Classical Liberal ethics, and each solve for solutions under those ethical constraints.

    If we are talking about the propaganda put out by the Rothbardians then that’s something altogether different, and has nothing to do with either of the above.

    But let’s go into some detail.

    THE SCHOOLS

    The Mengerian school applied the insights of calculus to economics, producing marginalism, and as a consequence, subjective value, and as a consequence overthrew the historical error of the labor theory of value.

    The mengerian school attempted to construct a DESCRIPTIVE social and political science from economic evidence. In contrast to the Chicago school which attempts to produce policy under rule of law – meaning ‘without human discretion’; and in contrast with the Saltwater School (new york), attempting to maximize consumption by policy – meaning ‘arbitrary rule’.

    So the Austrian, Chicago, and New York schools of economics pursued very different ‘limits’ and ‘methods of decidability’ (categories and values) in their investigation of economic phenomenon, and for very different reasons. Instead of all of these schools pursuing ‘economic science’ it is more accurate to say that they each practice the application of economics to politics in three different ways.

    Austrian (Virginia):

    The production of institutions that eliminate frictions, allowing the greatest cooperation among peoples in a market economy. This, under the assumption that interferences in the economy were unwise, and would merely increase the severity of future corrections. (The Conservative Position)

    Freshwater (Chicago):

    The use of monetary policy to insure the economy and the polity against the unavoidable corrections that occur whenever certain combinations of opportunities, organizations, talents, and resources are disrupted either incrementally or by shocks, by the discovery of formulae that allowed rule of law to persist, yet insure people against harm. This, under the assumption that while interference in the economy was a moral hazard, a violation of rule of law, and would spiral into increasingly worse forms of harm, that the value of limiting shortages, insuring against shocks, was better than the consequences of not doing so. (The Classical Liberal Position)

    Saltwater (New York):

    The use of fiscal (spending) policy (debt) for the purpose of maximizing consumption and therefore overall wealth – under the assumption that any harms caused by the misallocation of organizations, talents, and resources to exhausted opportunities, would provide greater interim benefit that would compensate for any future harms. (The Leftist Position) (Krugman, Delong et al)

    This spectrum: Austrian (Social Science/conservative), Chicago (Rule of Law/classical), New York (Arbitrary Rule/progressive) also reflects Time Preference: Long, Medium, and Short term. Which in turn reflects class and gender moral biases (Mature Male, Maturing Male, and Female). Which in turn reflects institutional emphasis: i) Austrian: Demographics, educational policy, formal and informal institutional policy. ii) Industrial policy, Trade Policy, Monetary Policy, iii) Monetary, fiscal policy, and redistributive policy.

    At this point in time, Mengerian insights are fully incorporated into mainstream economics – although until 2008, the mainstream resisted the hypothesis that all attempts to correct the economy through monetary policy produced cumulative distortions of increasing duration. At this point that matter is settled, and the Mengerian insights have been incorporated into Mainstream thought.

    UNSOLVED QUESTIONS IN ECONOMICS AND POLITICS

    -Economics (Money)-

    There is clear benefit to recording, analyzing and publishing economic information that prevents malinvestment (or misuse of investment funds). There is clear benefit to managing the money supply as long as it does not create malinvestment. It is not clear that savings should be conducted with the same currency as the commercial currency. It is not clear that savers have a right to appreciation of a commercial currency at the expense of others any more than they have an obligation to absorb losses. And given that the value of insuring the money supply against shortages that might minimize consumption and investment, How do we manage the money supply? What basket of targets do we use? Is it moral (or wise) to allow interest on consumer credit issued from the Treasury when it is not any longer de facto insured by banks? (My answer is ‘no’ – it’s predatory on a scale that the most extractive of despots could not dream of). Is any of our policy or economics meaningful in an era where liquidity can be provided directly to consumers via debit cards from the treasury and the consequences immediately measured regardless of financial sector and entrepreneurial sector estimates of the future ending the zero interest rate problem, and ending the problem of cheaper money reinforcing and expanding patterns of malinvestment.

    -Government (Production of Commons)-

    It is increasingly clear that the silicon valley model of investment is indistinguishable from the christian monarchies under the combination of local rule of law and federal church sanction, in the same way the chinese model of government is indistinguishable from the management of a fortune 50 conglomerate. And it is increasingly clear that both of these models are superior to the results of 20th century democracy. The difference is that the Han are a single sub-race (extended family), as Europeans were until the present. While the silicon valley model is closer to the Cosmopolitan, for the same reason: silicon valley does not have to insure itself, it’s territory, or its currency So we can see three future political models: the homogenous kin-corporate (chinese), the homogenous kin-private, and the ‘borderland’ diverse non-kin private (silicon valley).

    THE MISESIAN INSIGHT – AND DOWNFALL

    Mises was creative, and had read a great deal of the work of contemporaries – which is why his ideas are not his but others (Weber, Simmel). He had a very clear if not the clearest – understanding of money. But had a very poor understanding of mathematics and science. And was not very clear on the broader intellectual movements that had preceded him, or were current.

    So while Mises discovered and articulated “economic operationalism”, he conflated mathematics (axiomatic declarations, and proofs of possibility) with science (theoretical observations, and survival from criticism) into a pseudoscience of Praxeology – in which he claimed all economic research should be performed operationally.

    He confused the Moral and Legal (justificationary), with the True and Scientific (survival from criticism).

    Praxeology – Economic Operationalism – is a method of testing rational choice and moral reciprocity in economic propositions when people are possessed of information heavily weighted by prices, and when they are rational actors, working from simple stacks of priorities. Just as is Intuitionistic Mathematics, Operational Language in the Sciences, and Operationism (the newest application of operationalism) in Psychology.

    But this is logically and empirically false.

    People act irrationally because of a set of cognitive biases and fragmentary information;

    People decide preferences on networks not stacks – meaning Mises did NOT – like Menger – rely on the calculus, and worse, he used a very narrow interpretation of marginal utility – that humans decided by a stack of values, rather than the sum of the weights of a set of values.

    Prices are but one factor of economics and prices decline rapidly in interest after commodities. People purchase heavily on signal value, not investment or commodity value.

    Empirical measurements can in fact identify economic phenomenon not rationally identifiable by rational construction (ie: sticky prices).

    What appear to be cumulatively immoral actions by the state can (in some circumstances) produce superior returns that do not violate the material interests of risk takers dependent upon intertemporal calculation.

    So it’s somewhat tragic, that in the science in which Operationalism is most important, and Mises’ discovery of Economic Operationalism, approximately coincided with Popper’s invention of Falsification, Poincare’s Criticism of Cantor, Brouwer’s Intuitionism (mathematics), Bridgman’s Operationalism (physics), and Hayek’s later discovery that the empirical common law is both the origin of the empirical method, and the only scientific means of governance: Nomocracy – Rule of Law.

    And that because all these thinkers failed to grasp that they had formed a movement, and that this movement’s value culminated, not in mathematics – but in economics. Because Science is but a moral discipline by which together we seek to remove ignorance, error, bias, and deceit. And that economics is the discipline in which pseudoscience is most harmful to us and mankind, if for no other reason than the consequences of our folly and deceit are both profound, and distant.

    THE CULTURAL ARTIFACTS OF THE COUNTER-ENLIGHTENMENTS

    We all bring our culture’s methodologies to the intellectual table, and Mises brought conflationary jewish law to the table. All the enlightenment era thinkers have done so – and still do. We tend to use the names of philosophers rather than the Operational names of their methodologies but we can illustrate the drag of intellectual traditions on the enlightenment by stating the method: The anglo empirical-legal-protestant, the french moral-catholic, the german rationalist-prostestant, the russian literary-orthodox, and the jewish-conflationary-legal.

    The only deflationary method was the original: the anglo empirical-legal. ‘Science’ in the ancient world, like science in the later medieval and early modern, evolved out of the practice of competitive, testimonial, evidentiary, empirical, common Law.

    The problem for the anglos has been that contracts presume equality under the law, and this assumption led to the utopianism of ‘an Aristocracy of Everyone’. Just as the French a ‘Family of Everyone (dressed up in aristocratic clothing)’, Just as the German ‘An Army of Pious Duty of Everyone’, Just as the Jewish led to a ‘Wandering Separatism of Everyone’.

    The ‘Vienna’ intellectual group – “Austrians” housed two very different sets of thinkers: The Christians who were German and Polish: the Mengerians, and the Misesian, who was Jewish and from L’viv Ukraine.

    Both regions were in then ‘Galacia’ under the control of the Austrian Empire. At that point in time L’viv was one of the most populous jewish cities in europe as well as the ‘borderlands’ (where russians allowed jews to settle).

    The categorization of Mises as a member of Menger’s Austrian school has been the subject of disagreement and still is – in the past, justifiably criticized as ‘jewish economics’.

    Methodologically, Misesian thought relies upon jewish thought, just as much as Mengerian thought relies upon Germanic.

    -Deflation vs Conflation-

    Western Deflation (Competition:Institutions) vs Semitic Conflation (Monopoly:Religion)

    While one of the hallmarks of western civilization is deflationary truth, and as a consequence, deflationary disciplines (mathematics, science, law, morality, literature, religion), deflationary institutions (divided govt), Mises, in the Jewish tradition, ( in the Abrahamic tradition in general) conflated morality, law, mathematics and science into ‘praxeology’ and his arrogance ( not unlike Marx) prevented him from acknowledging his failure until late in life, when he acquiesced to economics being a mixture of empirical and operational but he still did not draw the conclusion that had been made by Weber, Brower, Bridgman, if not Popper: that the ‘truth’ is discovered by the market competition between the scientific method’s attempt to deflate reality down into operations (laws), and the test of whether an intermediate theory survives construction from laws (axioms).

    Given that we know the first principles of social science: rationality and reciprocity we can test all economic propositions even though due to categorical plasticity due to substitution effects.

    Given that we do not know (yet) outside of perhaps chemistry, the first principles (operations) of the physical universe – because the universe cannot ‘choose’ it is fully deterministic (even if so casually dense it is not predictable through measurement) and we must be able to describe the physical universe in mathematics as proof of construction instead.

    This is only possible because mathematics is correlatively descriptive of external phenomenon, even if it is internally fully operational (real).

    So mathematics provides a good substitute for the operations of the universe – until we know the first principles of the universe.

    Which is what our friend Mr Wolfram’s (ack) ‘new science’ (confusing a logic and a science again) is: the study of the consequences of operations, INSTEAD of the DESCRIPTION of the consequences of operations using mathematics.

    CLOSING

    So it is better to say that Mises created a ‘jewish heresy’ or branch of the Vienna school, and that followers have used the marxist strategy of a) ‘appropriating terms’ (austrian school), b) ‘heaping of undue praise’, c) ‘straw man criticism as a vehicle for pseudoscientific propaganda’, d) ‘pseudoscientific or pseudo-rational argument (justificationary apriorism, praxeology as a science exclusive of empirical science rather than that scientific propositions require survival of the tests of both empirical consistency and operational consistency), d) vociferous evangelism, and voluminous propagandizing (‘gossip’).

    Curt Doolittle
    The Propertarian Institute
    Kiev, Ukraine.

    *I know this might be heavy reading but it’s very important, and profound.*

    —-

    NOTE: This facebook Page contains a series of articles that cover his position in intellectual history in detail. (See Facebook Page for Scientific Praxeology-Economic Operationalism)

    https://www.quora.com/What-are-the-shortcomings-of-the-Austrian-School-of-Economics’-understanding-of-economics

  • CONSPIRACY THEORIES omg. I am a specialist in the exposition of pseudoscience. Y

    CONSPIRACY THEORIES

    omg. I am a specialist in the exposition of pseudoscience. You only need to know the form of the argument. You do not even need to know that much about the technology in question.

    Here is another bit of science: affinity for conspiracy theories results from the combination of schizotypal behavior, and dunning kruger effects.

    Hell, I can identify a f–king schizotypal dunning kruger-ite by the vocabulary and grammar he uses – even before he makes an argument….

    In other words, stupid and crazy people flock to stupid and crazy shit.


    Source date (UTC): 2017-06-11 19:21:00 UTC

  • “There are no such thing as races, subraces…99% of anthropologists agree…”–

    —“There are no such thing as races, subraces…99% of anthropologists agree…”—

    Appeal to majority fallacy. Appeal to authority fallacy. Appeal to self reporting fallacy. Appeal to statistics fallacy. (Do I need to list more of them?)

    1) is it possible to classify people into categories of major races, minor races, subraces, tribes, clans, and families. (yes evidently so. it’s been done on geographic, linguistic, cultural, archeological migration, morphological, blood type, and genetic testing and is remarkably consistent)

    2) do these classifications carry visibly morphological or empirically genetic correspondence (yes)

    3) How many samples of a kin group do we need to trace their relations (~1000 to get within 3%), (why? genes are complicated and we do not know the causal relations, we can only now identify a few common markers, so we must output-test morphology (evidentiary features)as well as input test our limited understanding of markers.

    4) what degree of precision do we need to falsify morphological, historical, linguistic, cultural differences? (given the colloquial measure that we are very little different from chimps, the degree of precision necessary to genetically falsify categories is ‘near complete’.)

    5) do these evident categories correspond to evolutionary, reproductive, linguistic, and cultural records? (yes)

    6) do people self identify with these categories? (yes)

    7) do people demonstrate preference in association for these categories. (yes, in all walks of life)

    8) do people demonstrate kin selection according to these classifications? (yes)

    9) do people in democratic countries vote by these categories (yes, when demographic distributions are to their advantage)

    10) do people in all countries report preferences (surveys) differently from how they demonstrate preferences (economic, marital, dating, friendship, phone calls, text messages, business relationships) (yes, universally – which is why the polling industry is in such a crisis)

    11) do people in the the media, academy, state, and church historically lie about scientific theories and facts that would cause them disfavor with their customer bases? (yes, always and everywhere)

    12) do people in the academy and the sciences demonstrate paradigm anchoring so severely that that they block research that contradicts their investments, and often paradigm reformation occurs only after prior paradigm authors have died? (yes)

    13) do people in the social sciences demonstrate the highest rates of falsehood in the publications of papers, books, and articles? (yes)

    14) does all the evidence lead us to conclude that reported opinions by social scientists differ from the scientific evidence? (yes).

    99% of psychologists *report* that iq has no meaning.

    Pretty much the entire social science profession other than economics is pseudoscience.

    In economics we know (finally) why much of economics is pseudoscience. (data. method. cherry-picking and selective accounting. political bias, moral bias, class bias. gender bias..)

    Don’t get me started on ‘global warming/cooling/climate change’. Or that we don’t have too many people living on the planet, or …..

    Please do not come to a gunfight with a squirt gun. I don’t like having to waste my time defending myself against the room-temperature-iq crowd. You’re clearly a well intended useful idiot indoctrinated into marxist and postmodern pseudoscience just as the church indoctrinated centuries of idiots before you.

    But thanks for forcing me to make this list so that I can use it over and over again.


    Source date (UTC): 2017-06-11 17:43:00 UTC

  • I cannot advocate a restoration of Stoicism since this would lead to unscientifi

    I cannot advocate a restoration of Stoicism since this would lead to unscientific and feminine interpretations of very limited ancient texts.

    I can however, advocate it’s restatement in entirely ratio-scientific terms.


    Source date (UTC): 2017-06-11 10:31:00 UTC

  • THAT FEELING WHEN….. You have spent your life working with the most current ev

    THAT FEELING WHEN…..

    You have spent your life working with the most current evidence of the physical sciences, and disregarding the blatherings of the ancients and medievals, only to complete the full scope of your work, and understand that while those same ancients had yet to divorce themselves from spiritualism and moralizing, that they had, in fact, in the form of the Stoics, produced categorically, causally, and descriptively the solution to the unification of all the disciplines.

    And then you become increasingly angry that with the licensing of christianity, instead of suppression of it, judaism, and any other falsehood, that we need not have had a dark age, renaissance, enlightenment, world wars, or the spread the vast evil of islam.

    I am excited to know the answers.

    But I am angry.

    Anger must convert to resolution.

    Resolution to conviction.

    Conviction to strategy.

    Strategy to plan.

    Plan to action.

    Action to conquest.


    Source date (UTC): 2017-06-11 09:16:00 UTC

  • INTERNATIONAL ETHICS: I’M A SCIENTIST: NOT A RACIST, I’M A CLASSIST, AND A NATIO

    INTERNATIONAL ETHICS: I’M A SCIENTIST: NOT A RACIST, I’M A CLASSIST, AND A NATIONALIST. HERE IS WHY….

    I just want to respond to this: I don’t do racism. The problem for all races, and subraces as far as I can tell, is that we have all specialized in some form of extreme. East in industriousness and Neoteny and West in creativity and Neoteny. Africa in hostile-environment resistance and sociability and deep maturity. South Asians in warm weather survival and sociability. Desert (semitic) and steppe (all others) people in masculine features (small brains) and aggression. And the ashkenazi – the strangest of all – reversing sexual dimorphism and transferring female verbal skills to males.

    So given our specializations, the people one standard deviation above the white mean are all fine with each other. The problem is that the more of your population that is below a mean of 112/115, the more burden it places on adaptation to modernity because the cost of education and training is too high, and the cost of developing high trust norms is either too high or impossible, given the *incentives available by commercial means*.

    Hence why lower trust lower IQ populations do not rely on commercial incentives, and instead rely on religious, social, and physical incentives. In other words the old problem of the tripartite aristocracy remains: the lower class must be culled consistently and the middle class maximized, because it is this single issue that determines rates of progress. All the rest is merely institutions that assist us in cooperation.

    For these reasons I’m pro nationalism because the only moral means by which an underclass can be minimized is by its own kin, who do so in the interest of kin’s transcendence.

    That last sentence constitutes my standing on global political morality: domesticate your kin, and do not force others do domesticate your kin. If others are domesticating your kin, they are just in doing so, because your failure to domesticate your kin is the reason, and only reason, we are in conflict.

    Do not export your failures to others.


    Source date (UTC): 2017-06-09 07:43:00 UTC

  • CAN THE SCIENTIFIC METHOD (TESTIMONIALISM) PRODUCE TRUTH? The scientific method

    CAN THE SCIENTIFIC METHOD (TESTIMONIALISM) PRODUCE TRUTH?

    The scientific method CAN produce the truth. (The most parsimonious statement of correspondence by reduction to experientially decidable measurements that is possible.) The problem is, that we can very rarely KNOW it’s the truth in other than non-trivial terms for the simple reason that it is very hard to identify when information is missing. (For example, it is hard to imagine that there is much left to understand in the function of chemistry’s periodic table, only its application. But we could change the meaning of ‘Chemistry’ in the future. That would not mean that our existing statements were false, only that we had changed the context of the promise.

    That’s why I use the term “Truthful” to deflate the traditional conflation ( under the form of idealism you favor speaking in ) of Truth (idealism) into:

    1 – Truth (the most parsimonious statement possible in the context of the question),

    2 – “Truthful” Truth (warranty of due diligence under testimonialism’s full set of dimensions),

    3 – Truth (Warranty of due diligence in one’s Testimony to the best of one’s rational ability),

    4 – Truth (honesty in the absence of due diligence).

    Now, I probably should deflate the term ‘concept’ as well, into its constituent parts… but I think names, properties, categories, relations, recipes, actions, transformations, and narratives, are all well understood, whereas truth is more frequently used in ideal and conflated variations.

    Curt


    Source date (UTC): 2017-06-08 08:37:00 UTC

  • ANSWERS, I’LL TRY TO IMPROVE THEM WITH THE SCIENCE OF IT 1. Greater success at r

    https://www.quora.com/Why-are-most-white-people-richer-than-non-whites/answer/Curt-Doolittle?share=856c23a6&srid=u4QvTERRIBLE ANSWERS, I’LL TRY TO IMPROVE THEM WITH THE SCIENCE OF IT

    1. Greater success at reproductive juvenilization. we are not sure why other than that slowing the rate of maturity is possible in colder climates, whereas accelerating the rate of maturity in warmer clients is necessary for no other reason than to survive the higher incidence of disease, parasites, and predators.

    2. Greater success at aggressive culling the size of the underclasses. While it is impolitic to say so, the wealth or poverty of a people is more dependent upon the reduction and elimination of the underclasses than it is upon the production of exceptional people and education. A good rule of thumb is that every person at the bottom is six times as costly as every person at the top is productive.

    3. Greater success at eliminating the clannishness impulse. Again, we are not sure if this is an artifact of low population density and cold climates, or purely one of cultural forces influence reproductive choice. In either event, white people (to their detriment) are less tribal and clannish.

    4. For reasons we are just beginning to understand, the west made very different cultural choices. (a) telling the truth the whole truth and nothing but the truth as highest virtue, despite any impact it would ahve on the dominance hierarchy. (b) Sovereignty and Markets in Everything creating a market for polities, and polities led by markets, rather than monopolistic hierarchies. As a consequence a division of the state into different institutions that competed with one another. This led to deflationary literature where the rest of the world relied on conflationary literature. (c) that the gods, like men, are subject to the laws of the natural universe, and that man can defeat the folly of these gods with cunning and effort.

    5. So white people are more trusting, more trustworthy, and have institutions that depend upon more trusting, more trustworthy people, and together these reduce the frictions that constrain non white peoples to lesser conditions. The only people close to whites are the Japanese and south koreans. And even among whites, these rules apply only to whites from above the Hajnal Line (protestants and their descendants) who practiced Bipartite Manorialism.

    6. TRUST=COOPERATIVE VELOCITY=RATE OF ECONOMY


    Source date (UTC): 2017-06-07 20:14:00 UTC

  • ( Thinking about how the universe, and the structure of the universe isn’t somet

    ( Thinking about how the universe, and the structure of the universe isn’t something ‘out there’ bigger than we are and imperceptible to us, or here, in our solids, liquids, gasses, plasmas and spaces that is perceptible to us. And that it’s just a vast web of these very small geometric phenomenon that through attraction and resistance create spaces of different sizes with different fields, and that its all winking and twinking and twirling and spinning and that …. and I’t just. I just dont’ wanna go there. I mean, although, the fact that everything is connected by fields within fields, is sort of beautiful and in some way I feel the universe is less alien, that does not make me feel any better given how hostile the universe is to us, and how hard we must work to make spaces for ourselves, that we can survive within. And our rather short experience as creatures of reason, capable of transforming this world, is amounts to nothing in the tempo of the universe.)