Search found 277 matches

by Physiocrat
Mon Nov 05, 2018 10:13 pm
Forum: Discussion Forum
Topic: Modern Monetary Theory
Replies: 2
Views: 779

Modern Monetary Theory

My understanding of MMT is that money has historically been, and not necessarily logically, a creation of the state and the way you generate demand for it over and above industrial use is for paying taxes. Consequently, since paper money has effectively no industrial use the value would fall to zero...
by Physiocrat
Mon Oct 29, 2018 6:57 am
Forum: Discussion Forum
Topic: Chapter 2, part 1: Historic Background and Enrico Corradini
Replies: 4
Views: 1235

Re: Chapter 2, part 1: Historic Background and Enrico Corradini

Excellent stuff again. I think chunking on various chapters makes it easier to follow.

It really does seem like the Italian fascists see the anarchy of the market and wish to impose a new scientific rational order on top of it, just like the Marxists.
by Physiocrat
Sun Oct 28, 2018 8:41 pm
Forum: Discussion Forum
Topic: New Registrations Need Approval of an Admin
Replies: 2
Views: 3039

Re: New Registrations Need Approval of an Admin

William wrote:
Sun Oct 28, 2018 8:23 pm
as far as i can tell the last 6 pages of people are all bots, didn't want to do a mass delete on that level though without a second opinion
I tend not to delete any of them, I just activate the accounts I'm not 100% are bots. I tend to activate a few that I'm not 100% sure are bots.
by Physiocrat
Sat Oct 27, 2018 9:18 pm
Forum: Discussion Forum
Topic: The Centralization Trap: Or Why You Need an Aristocracy
Replies: 2
Views: 1147

Re: The Centralization Trap: Or Why You Need an Aristocracy

Millennial TM wrote:
Sat Oct 27, 2018 11:52 am
Great article

https://aidanmaclear.wordpress.com/2018 ... tion-trap/
That was pretty interesting. The moral of the story - if you give people power give them ownership and little incentive to micromanage. Otherwise bad stuff is coming your way
by Physiocrat
Tue Oct 23, 2018 3:06 pm
Forum: Discussion Forum
Topic: How to go bankrupt and be loved by the many –Piketty’s equals
Replies: 1
Views: 1778

Re: How to go bankrupt and be loved by the many –Piketty’s equals

Inequality and Inequality, Chapter from Skin in the Game : https://medium.com/incerto/inequality-and-skin-in-the-game-d8f00bc0cb46 Is it just me, or does this have a bit of a Schumpeter type ring to it in his thoughts on how Capitalism undermines itself? To some extent yes. Now you mention Schumpet...
by Physiocrat
Wed Oct 17, 2018 7:57 pm
Forum: Discussion Forum
Topic: Sargon interviews Steve Bannon
Replies: 4
Views: 3505

Re: Sargon interviews Steve Bannon

I wouldn't go so far as to say he's dull, but he's essentially just advocating "common sense" conservatism/patriotism - the fact that he's derided as a "fascist" or a "Nazi" for it is just a sign how far the left has gone in taking power. He's not as fiery as Trump or Farage, but then very few peop...
by Physiocrat
Tue Oct 16, 2018 6:25 am
Forum: Discussion Forum
Topic: SJWS say the darndest things
Replies: 81
Views: 26547

Re: SJWS say the darndest things

Surely then all the blacks in the US are really white since on averages they have 15% white DNA. It seems that Kanye is literally a coconut
by Physiocrat
Mon Oct 15, 2018 8:55 pm
Forum: Discussion Forum
Topic: Sargon interviews Steve Bannon
Replies: 4
Views: 3505

Re: Sargon interviews Steve Bannon

https://www.youtube.com/watch?v=gwKLSA6lWdo Wow, Sargon may have hit the big time. Good for him if he has. Disagree with a lot of what Bannon says, but I think his look at what our finance system is and the shame of it (somewhere around the 20 min mark), is borrowing an Austrian analysis. And yes, ...
by Physiocrat
Sun Oct 14, 2018 2:43 pm
Forum: Discussion Forum
Topic: Statehood & Violence After Medieval Times: My Analysis
Replies: 5
Views: 4175

Re: Statehood & Violence After Medieval Times: My Analysis

Link to My Article I address the Neo-Hobbesian theory of Steven Pinker that holds that state-formation in the 16th century led to a large decline of European homicide rates over time due to the monopolization of the justice system by the state. This is very often the most important consideration fo...
by Physiocrat
Sun Oct 14, 2018 2:21 pm
Forum: Discussion Forum
Topic: Measuring Ex Post Welfare
Replies: 4
Views: 3632

Re: Measuring Ex Post Welfare

Gurimbom wrote:
Sun Oct 14, 2018 11:29 am
I tend to agree that producing measurements of ex-post welfare would be an impossible and essentially value-laden practice. Block, Carden & Carson analyze this subject in-depth in this paper.

Thanks for the link. I didn't know Block had written on this.