log☇︎
626100+ entries in 0.401s
moriarty: bounce has a point even though mircea_popescu's intentions are noble
mircea_popescu: maybe. but if the kids can't read, shoot the teachers.
mircea_popescu: you can not run for office unless in one of these two categories.
bounce: you know what's going to happen: everyone passes.
mircea_popescu: then 50% 12 years and 5 to 10% 16 years. and that's it.
mircea_popescu: actually free mandatory quoted education is imo the way to do education. 100% 4 years, if any kid fails it shoot him. 99.x% 8 years, if any kid fails he is not allowed to ever have sex with another. no matter what.
moriarty: a la free online education via the MIT initiative, OCW, noble though it is, vis-a-vis the good ol' paid education you get face-to-face
moriarty: well, free education if mandated, sure, but it exists along a free market system that elitises education in a freemium sense :)
mircea_popescu: nol but the free education thing i can see. if you're going to teach everyone the same thing (language) might as well do it for free. your show, your tickets.
mircea_popescu: fuck them ?
moriarty: mircea_popescu, to help the poverty stricken
moriarty: public transportation is never a profitmaking venture
mircea_popescu: now that's insane. why subsidize energy expenditure ?!
moriarty: then of course we can get a little more creative and consider public transportation too, to be a form of welfare
moriarty: bounce, well, in the most direct form, but you can always indirectly do welfare, free education for instance, is one such example
mircea_popescu: not currently. permanently. not by anything but simple game theory.
mircea_popescu: the only winning move being not to waste your own resources to defend their shit.
moriarty: mircea_popescu, of course this ideal is currently impeded by what i consider to be a gross infraction on one of the basic human rights, that is the freedom of movement across borders, one trivialised by border control and such
mircea_popescu: moriarty this is a nice theory anyone would subscribe to. both those who will and those who won't. after which, disaster of commons.
bounce: so, a government that takes in taxes but does not give handouts isn't a welfare state?
moriarty: mircea_popescu, i see countries as clubs, that if you do not like the constitution or culture, then you are welcome to join something more to your inclination
moriarty: mircea_popescu, like it or not, a country has got to stand up for the reason it was founded, otherwise, there is little point to be loyal or even nationalistic about it, when it can be hijacked philosophically
chetty: well these days its more like from the have nots to the haves
moriarty: bounce, any form of redistribution from the haves to the have-nots is welfare, from medical insurance to unemployment benefits
mircea_popescu: so i go to #electronics to see if either asciilifeform or diametric hang in there. they have a bot, i do !help, it says
bounce: just to be clear, what do you understand to be the defining properties of a welfare state?
moriarty: it's hard to be free market, when the party dictates who lives and who doesn't :P
moriarty: so china may be "capitalist" but its roots and the one-party system would ensure that their brand of capitalism would almost likely never converge to american capitalism
xmj: either anarcho-capitalism or socialism. social welfare states have come to be sooooo sooo sooo socialist that heck, Lenin would be proud.
moriarty: xmj, a balance between welfare state and free markets, and how much of a blend depends partly on the origins of the country, a la its constitution, and the culture trickled top down from previous political establishments a la informal variant of the constitution
xmj: i take /that one/ binary
moriarty: xmj, i don't take it too literally, anything taken in its pure definition does not exist in reality, there are no socialist or capitalist society today
xmj: moriarty: yes, that is how it works (exit vs voice), but most people are already in the land you'd like ancapistan to be
moriarty: xmj, the way i see it, you like a country's constitution, join it, no? then emigrate :)
moriarty: xmj, sure, but demands of any kind play a subservient role to the sanctity of the constitution, and if ancaps were to form a nation, they could very well enshrine those principles in there
xmj: moriarty: and as much as the ancapists a la kinsella and molyneux would like to believe, they cannot overcome this with non-monopolist private security agencies
mircea_popescu: so what, stick to the fleshlight and egg custard crowd over on austrians ? i guess can do that, sure.
moriarty: mircea_popescu, that would not be very meaningful these days considering how some no longer buy/sell bitcoin unfortunately
xmj: it's logical -- as long as they can get away with it they'll do it, and use mob force.
sardan_: I mean too low
xmj: moriarty: there will /always/ be demand for state and redistribution, because the lower 51% will want to loot the upper 49%
sardan_: moriarty, To low :-)
xmj: moriarty: here's the problem
mircea_popescu: moriarty it allows you to get voice here.
moriarty: mircea_popescu, i've done a sybil on localbitcoins though :) just so i don't get pinned down as the guy with shitloads of bitcoin
gribble: Currently authenticated from hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Trust relationship from user assbot to user mircea_popescu: Level 1: 1, Level 2: 26 via 26 connections. Graph: http://b-otc.com/stg?source=assbot&dest=mircea_popescu | WoT data: http://b-otc.com/vrd?nick=mircea_popescu | Rated since: Fri Jul 22 11:04:26 2011
moriarty: mircea_popescu, i've fully liquidated my bitcoin position, so i guess no motivation for me to join WoT now
moriarty: xmj, but there is an appeal to anarchist capitalism, once you look past the easy conclusion that capitalism requires some sort of legal framework in which to operate in, so not fully anarchist, but then looking past that, they do have interesting opinions
moriarty: xmj, no, i don't tend to look at myself dichotomously, i'm an assembly of aspects from both sides of the political and socioeconomical spectrum, left and right as they conveniently classify it
mircea_popescu: kakobrekla i know, but it was for his benefit. give the man a chance to redeem himself.
mircea_popescu: moriarty how about you get in thre wot
kakobrekla: >Kako, please forward idiots to #bitcoin-assets instead of my inbox. < fyi did not such thing.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user moriarty: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=moriarty | WoT data: http://b-otc.com/vrd?nick=moriarty | Rated since: never
moriarty: xmj, well black swan for starters has its roots in the classical Humean dilemma :) (i've referenced him because i know mircea_popescu would like it)
mircea_popescu: whatevers. i replied and that's that.
assbot: [HAVELOCK] [B.MINE] [PAID] 1.27202039 BTC to 15`091 shares, 8429 satoshi per share
pete_dushenski: mircea_popescu: right. total must be… total
kakobrekla: nfi i think he emailed to too now
mircea_popescu: kakobrekla this email, wtf is it ? i do not comprehend, what ?
mircea_popescu: this flows from the definition
mircea_popescu: basically, a government trending to totalitarism will correctly perceive as threats all protections from integration
assbot: [HAVELOCK] [PETA] [PAID] 5.47394288 BTC to 1`149`988 shares, 476 satoshi per share
mircea_popescu: for instance it being metallic is a huge gulf. arguably pegging it to btc even huger.
pete_dushenski: other than btc
pete_dushenski: mircea_popescu: well what other nooks are there?
mircea_popescu: paper is a minor nook anyway, in the grand scheme of things.
pete_dushenski: lol and cad is even worse, i think 4% paper vs. 11% for usd
mircea_popescu: hence the earlier discussion with decimation about how much the nist asked him to pay, and how it's basically "come with a note from stalin"
mircea_popescu: pretty much entirely integrated. no policy in the us can be implemented without control of the currency.
pete_dushenski: whereas usd is now basically a digital token
mircea_popescu: integration, for the record, is simply a measure of mutual dependence. think in terms of a couple. the more things they do together, te more integrated they are.
pete_dushenski: mircea_popescu: sorta the way roman coinage did, eh?
pete_dushenski: not that the row will much care what happens in somalia
mircea_popescu: scrip will definitely outlive the usd.
pete_dushenski: mircea_popescu to the extent that it's highly integrated and there are few obvious alternatives
pete_dushenski: so then us scrip should have some life left in it
mircea_popescu: nah, the reichmark wasn't nearly as integrated.
pete_dushenski: mircea_popescu: so the usians have alternatives? or...
mircea_popescu: pete_dushenski not the same pressures. i meant usg specifically.
mircea_popescu: and recently i have been giving them away for free, so.
mircea_popescu: ah. the consensus here is that domains are worth about 10 bux,
pete_dushenski: asciilifeform: currency can survive about five minutes with a dead usg << more complicated. reichsmark outlived reich by a few years (until occupying armies got their shit together) << didn't roman coinage remain in some limited use into the middle ages because of lack of alternative?
sardan_: anyone would be interested in purchasing/doing something with the domain BitcoinCasino.com?
sardan_: I sent you an email by the way, not sure if you received it (regarding a domain)
assbot: The Misbehavior of Markets: A Fractal View of Financial Turbulence: Benoit Mandelbrot, Richard L. Hudson: 9780465043576: Amazon.com: Books
mircea_popescu: i can't read him, it's like going to a museum of children "artwork"
moriarty: mircea_popescu, finance or economics, is closely linked to the political nuances of a country, so whenever one reads journals by personalities like Paul Krugman, nobelist though he may be, i always read it keeping in mind his political proclivities
moriarty: mircea_popescu, actually, the conversations in finance are not as cohesive unfortunately as in other fields, so the flipside of that is today the popular strand of conversation happens to be a fork that the more seriously inclined would not fully agree with or find it a bit juvenile
mircea_popescu: complexity is not a good predictor of quality. not in the ontos, not in the gnosis.
mircea_popescu: lacan is a total idiot, if he were a woman he'd be irigaray.
mircea_popescu: i suspect this is true to a lesser degree in statistics.
mircea_popescu: in point of fact, there exists no intellectualy respectable economist outside of buffett that lived in the 2nd part of the 20th century.
moriarty: plus i've been unduely influenced by the work of Sokal, Bricmont, i.e. Fashionable Nonsense
xmj: moriarty: who stated taleb's black swan before him?
mircea_popescu: and the argument that taleb is "popularizing" brought by butthurt but otherwise worthless "statisticians" in their own estimation neatly mirrors the same criticism brought by "economists" in their own estimation re buffett.
moriarty: mircea_popescu, i've read works by Lacan and such, and i feel almost as if i have to delve into some metaphysical reality, and not take them at their analogies seriously, especially when they try to use precise notions from mathematics to attempt to build some sort of bridge to their reality
mircea_popescu: i can be well spared the "conversation" of pointless academics trying to publish or perish. not worth following.
mircea_popescu: moriarty looky, if the conversation were worth following, then 30 years of the finance industry following it would show some benefit for it.
bounce: well, regurgitating old ideas like they're your own smacks of intelectual dishonesty. do it without that and shed some detractors.