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.
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.
xmj: moriarty:
there will /always/ be demand for state and redistribution, because
the lower 51% will want
to loot
the upper 49%
xmj: moriarty: here's
the problem
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
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.
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.
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)
assbot: [HAVELOCK] [B.MINE] [PAID] 1.27202039 BTC
to 15`091 shares, 8429 satoshi per share
mircea_popescu: kakobrekla
this email, wtf is it ? i do not comprehend, what ?
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.
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.
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: not
that
the row will much care what happens in somalia
pete_dushenski: mircea_popescu
to
the extent
that it's highly integrated and
there are few obvious alternatives
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.