Definition: “hazard”, “baiting Into Moral Hazard”
Dec 1, 2019, 8:15 AM (worth repeating) “HAZARD” In old English law. An unlawful game at dice, those who play at it being called ‘hazardors’.?In modern law. Any game of chance or wagering. In insurance law. The risk, danger, or probability that the event Insured against may happen, varying with the circumstances of the particular…
No. Math Is Trivial. That’s Why Its Useful.
Dec 1, 2019, 8:51 AM At present, aside from testimony and reciprocity I think I understand this problem (mathematical foundations) better than anyone else, for reasons I’m still … exasperated by. Math is a language. It consists of one dimension: positional names. Positional names consist of one constant relation: position (ordinality). Names are unique. Positional…
The Origins of Natural Religion
Dec 1, 2019, 8:55 AM What’s the difference between the hunt and resulting feast, throwing a piece of meat on the fire to thank nature for her bounty, dancing around a fire that night to tell the story with moral heroic or tragic framing, with everyone drumming, chanting, singing, or reciting along – and religion?…
Question: Why Is Interruption Advertising Legal?
Dec 1, 2019, 9:17 AM What would happen if we prohibited interruption advertising. in other words, the only advertising possible would be destination. Wouldn’t every company create its own internet channel? Wouldn’t a much smaller number of media companies sell content people wanted rather than advertisers wanted? Why wouldn’t that be better than today?
Conservatism Understood
Dec 1, 2019, 10:43 AM CONSERVATISM UNDERSTOOD (worth repeating) A conservative questions the overestimation of reason, and above all questions consensus. Conservatism is familial, stoic, pragmatic, and empirical. In other words risk averse to capital. As a means of questioning, a conservative requires reciprocity (tort): american < british < anglo saxon < germanic < european…
How They Destroyed Our Civilization
Dec 1, 2019, 10:46 AM Originally Posted by October 23rd, 2018 4:48 PM IT’S NOT JUST THE 19TH – HERE IS HOW THEY DESTROYED OUR CIVILIZATION BY DESTROYING OUR UNIQUENESS: MERITOCRATIC, HIGH TRUST NORMS, LAWS, AND INSTITUTIONS. THIS IS HOW IT WAS DONE: They: 1) increased the voting pool, then 2) used immigration, to sink…
Our Brain Works Sort of The Opposite of How You’d Think
Dec 2, 2019, 3:41 PM —Our brain works sort of the opposite of how you’d think: it’s always running, always forecasts everything, in a vast competition for attention, what’s most coherent and rewarding gets attention. The brain never stops, ever. We disconnect from it to daydream, relax, rest, or sleep. It never, ever, ever, stops.—…
Anarchy Is Not Internally Consistent or Productive
Dec 2, 2019, 4:34 PM (Again: Libertine, Anarchist, Libertarian Thought Fails) By: Alain Dwight (via Brandon Hayes) Rules without rulers is impossible. Asserting an active noun or verb (rule) without an actor putting it in play (rulers) is a form of deception. For a sentence to be operationally complete it has to include the actor,…
Philosophers Are Born
Dec 2, 2019, 4:39 PM Philosophers are born I think. But they still must find a team to play on. Look at the Damned P-leadershp now. These guys are scaring me. It’s glorious. Luke is innovating and increasingly quickly. Brendon is increasingly judicial in his rulings. Martin … well, martin is that elegant balance of…
My Experience with The Clintons
Dec 7, 2019, 9:06 AM The only reason I didn’t sue the Clinton Foundation for the $2M they stole from my company, was because Microsoft wouldn’t let me. Why? They asked us to rescue a project for the Clinton Foundation from an Indian (major) software company, and they didn’t want the bad press of being…
Does William James Belong to The “anglo Science” Team?
Dec 7, 2019, 9:27 AM —“Does William James belong to the “anglo science” team?”— anglo = british, scottish, american etc. and ‘radical’ empiricism. Technically I would say yes. But you just gave me an idea, which is to chart the development of psychology by pseudoscientific(jewish), literary/continental(german-jung), and scientific (anglo-james et all) That might be a…
“Domestication” vs”Genetic Pacification”
Dec 7, 2019, 9:33 AM –“Domestication isn’t defined the way you just defined it.”– As socrates said “define your terms”. A term must only be consistent with the use as the speaker defines it. We can use “Domestication” (reproductive selection) or the more unpleasant term “Genetic Pacification” (law, war). The truth is that we use…
Neoteny in Humans = Domestication
Dec 7, 2019, 11:17 AM An obvious bit of evidence of east asian’s more neotenous than europeans: they still retain the epicanthal fold (inner eyelid) which humans normally mature out of before birth. The others are body shape, body hair, scent, degree of sexual development. Conversely afro-asiatics (arabs) and africans mature more deeply than europeans.…
The Market = Nature
Dec 7, 2019, 4:44 PM In determination of fitness, the market is the same as nature. one either survival nature in the wild or in the market, or in some combination. But if you cannot survive in the market you are unfit for survival and reproduction. The solution to the majority of resulting conflicts is…
How Can I Contribute to The Movement (propertarianism)
Dec 7, 2019, 5:16 PM Really? By learning it. That’s what we all need you to do. It’s actually somewhat difficult. It takes time. But if you can do it, then you are, by self education, providing the greatest value, because the more of us there are the more impossible it is to personalize or…
Yes, Again.
Dec 8, 2019, 8:28 PM —“You can reply with this snarky bulls—t or you can tell me why exactly governments exist if not to advance and protect the common good. Give me a competing theory of government. I’m not saying none exist. I’m just asking what yours is.’–Matt Walsh @MattWalshBlog 1) Governments, in all cases,…
Definition: Externality
Dec 10, 2019, 11:03 PM “Externality” is a technical term and it’s meaning is obvious. If you do something that indirectly and negatively affects a third person, that’s an externality. It means ‘outside of your direct perception’. That’s not complicated. At all. ie: the ridiculous example of a butterfly flapping its wings in china causes…
Karl Popper’s Demarcation Problem Is Solved.
Dec 11, 2019, 9:58 AM As far as I know (and this is my area of specialization), western success in science, technology, medicine, and economics was due to the transfer of our legal tradition (by Aristotle to Bacon to Hume to Hayek), and the failure of our philosophers to understand that transfer. So, the demarcation…
Why Global Capital Hates Sovereign Default
Dec 19, 2019, 12:09 PM by Michael Churchill Global capital hates defaults because they puncture the whole perma-debt system that keeps overall interest rates lower than they would be otherwise. It’s socialization of risk taken to the meta-level. The most obvious example at present is Argentina, whose debt profile is ludicrously unsustainable. They are a…
Definitions via Hayek
Dec 19, 2019, 2:37 PM DEFINITIONS VIA HAYEK Liberalism: “limiting the coercive powers of all government” Democracy: “limiting the coercive power of government only to current majority opinion.” OPPOSITIONS From Liberalism to Totalitarianism From Democracy to Authoritarianism
King of The Hill Works
Dec 19, 2019, 2:39 PM KING OF THE HILL WORKS by Luke Weinhagen There is an organization that exploded across the world based on the same two things being applied to the learning of P, creating opportunity to fail and playing king of the hill to accelerate development. The guy who built this organization is…
Follow the Money: Most Profitable Sectors
Dec 19, 2019, 4:02 PM Health the most profitable sector with a 21.6 percent net profit margin. Technology services 17.2 percent net margin were second, narrowly edging past finance 17.1 percent. Electronic technology and consumer nondurables round out the top five. Finance and insurance represent 7.4 percent (or $1.5 trillion) of U.S. gross domestic product…
A Short Timeline of Purchasing Power
Dec 19, 2019, 4:56 PM (from visual capitalist) 1900s After the Panic of 1907, the National Monetary Commission is established to propose legislation to regulate banking. U.S. Money Supply: $7 billion What $1 Could Buy: A pair of patent leather shoes. 1910s The Federal Reserve Act is signed in 1913 by President Woodrow Wilson. U.S.…
Globalization Has Held Down Pay for A Large Swath of Workers
Dec 19, 2019, 5:08 PM —“One of the more striking recent developments in economics has been economists’ growing acceptance of the idea that globalization has held down pay for a large swath of workers.” Automation: “Workers whose labor can be replaced by computers, be they in factories or stores, have paid a particularly steep price.”—
Does Metaphysics Exist? Depends on The Definition.
Dec 19, 2019, 7:03 PM The question is only whether metaphysics = paradigm. As far as I know it does (must). So to say there is no such thing as metaphysics, is only to say that there is no such thing as relativism. In other words, there is either a most parsimonious paradigm for the…