We have 9+ examples of govts cutting spending in crises & not hitting recession. Canada (1995-97) didn't just avoid it—it outdid all the G7 in GDP, unemployment, deficits, inflation over the next decade.
Krugman calls them exceptions which were due to low interest rates and/or net export booms, but as it turns out those two so-called "exceptions" actually came from slashing spending! Bob also covers why Hoover’s 1932 tax hike (not cutting spending) tanked the economy.
Finally he goes through different scenarios to see if all these still hold, from today's floating exchange rate's system up until a 100% reserve #Bitcoin standard.
#grownostr #libertarianism #fiat #history
#Mises explains:
"The abolition of slavery and serfdom is to be attributed neither to the teachings of theologians and moralists nor to weakness or generosity on the part of the masters…. Servile labor disappeared because it could not stand the competition of free labor; its unprofitability sealed its doom in the market economy."
The logic is simple, a slave-hunting business, can not operate in a free market since they're paying the price of coercion on top of other expenses. The price of war and guarding can only be paid by the #state. and doesn't that make sense now?
#grownostr #libertarianism #capitalism
This is exactly what I've always believed about so called perfect competition, anti-trust and monopoly.
Where is the most reliable platform to buy Bitcoin via P2P using USDT? #grownostr
In medieval Ireland, for example, a king was not the head of state but rather a crime-insurer: if someone committed a crime, the first thing that happened was that the king paid the "insurance" benefit to the victim, and then proceeded to force the criminal to pay the king in turn. Restitution to the victim’s insurance company was completely derived from the idea of restitution to the victim.
#grownostr #rothbard #libertariansim #ancap
همچنین تصویر نادرستی وجود داره که آموزش و پرورش دستوری در ذهنمون کرده. و اون اینه که حفظ شدن زبان فارسی، یک مقاومت پایین به بالا بوده! مثل اینکه زبان فارسی در حال سیر قهقرایی بوده و به ناگاه یک افسانهسرای چیرهدست جریان رو برعکس کرده!
اول باید این نکته ذکر بشه که حتی همین حفظ شدن زبان فارسی هم یک چیز نسبیه! مثلا الفبای ما کاملا عربیه و این دلیل خوبی داره که عربیه! چون الفبای پیشین بسیار سخت بوده و ما "سازگار" شدیم. از دلایل عدم وجود مکتوبات از دوران پیش از اسلام هم همین بوده.
از نظر من پشت این حفظ شدن نسبی زبان فارسی هم دلایل سیاسی وجود داشته. همونطور که در مورد مذهب غالب در ایران چنین الگویی وجود داشته. و همونطور که آتاتورک سه ماهه الفبای ترکی رو تغییر داد.
چنان که من خوندم، تاریخ هم پشت این روایته، ولی حتی اگر تاریخ رو در نظر نگیریم کافیه این سوال رو از خودتون پرسین:
آیا در جامعهی عموما دهقانی ایران برای کسی مهم بوده که زبان چیست یا مذهب چیست که حالا روی دیوار غار بن مضارع و ماضی صرف کنند و ریشهگیری کنند تا واژه های جدید ساخته شه؟ و آیا در جامعهی امروز با وجود این همه امکانات ارتباطی، هر کس چقدر میتونه روی چیز ها تاثیر بذاره که یک شاعر در قرن ۴ زبانی مرده رو زنده کنه؟
دوگانهی انتقال بهینه در زمان/انتقال بهینه در مکان، که در پول داشتیم، در زبان هم وجود داره. زبان هم به عنوان یک سیستم پیچیدهی سازگار با ترجیحات گویشوران سازگاری پیدا میکنه.
خلاصه اگر زبان رو ابزار انتقال معنا در نظر بگیریم، به سمتی مایل میشه که جریان انتقال معنا در اون بیشتره. و من هم فکر میکنم در حال حاظر به هر دلیل، جریان انتقال معنا از مکان به مکانه، و نه از زمان به زمان! همچنین دلیلی دال بر این نمیبینم که در آینده این جریان بیشتر نشه.
من کاملا به کسی که به "کانال تلگرام" میگه "دهلیز تلگرام" احترام میذارم و مادامی که با زور تفنگ نخواد کسی رو به سمتی هل بده مشکلی هم ندارم. چه بسا که این سبب تغییرات جزئی هم بشه. اما در نهایت فکر میکنم اگر کسی دغدغهی زبان داره بهتره که جریان انتقال معنا از گذشته رو بیشتر کنه.
#فارسی
Language Is a Complex Adaptive System
https://www.unm.edu/~jbybee/downloads/BecknerEtAl2009ComplexAdaptiveSystem.pdf
Has anyone read this? Is it just a shitcoin thing or there's a vision behind it?
#grownostr
As some of you may know, there was a war couple of days earlier. First I had to run out of the town, and then move cuz my house was technically in a war zone. let alone the internet blackout.
There's a lot I wanted to talk about, but for now, let's just say MASSES ARE ASSES.
So basically, it refers to the idea that raising your voice (through votes, protests, etc.) isn't likely to lead to major change within the system. The only way to actually change things is to 'vote with your feet' (i.e., leave the system). Leaving fiat currency and entering the Bitcoin system is such an example. Patchwork is another example:
"if a separate version of the note is saved to the relay", not necessarily!
What about building Substack on top of #Nostr? And like, use zaps for subscriptions? Imagine encrypting posts on relays and then only subscribers can decrypt them with their signatures.
I think it's possible cryptographically. Has there been any effort?
#asknostr
Exit > Voice
#grownostr
I think it's fair to say that I just watched the most brilliant YouTube video!
Curtis Yarvin and Robin Hanson (with David Friedman there too) discuss two of the sharpest ideas about how a government should be run.
What’s the best lightweight AI model I can self-host for basic text generation like email writing or grammar correction? #asknostr
"Technically all of them were jews"
- Hans-Hermann Hoppe
lol
Just in case you didn't know "... By the time Ulbricht graduated, he had become interested in #libertarian economic theory and adhered to the political philosophy of Ludwig von #Mises."
https://freeross.org/wp-content/uploads/2023/04/Meet-Ross-Ulbricht-portrait.webp
"Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained; there are no schools for creativeness.
A genius is precisely a person who defies all schools and rules, deviates from the traditional roads of routine, and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil—always self-made.
He does not owe anything to the favor of those in power. However, the government can create conditions that paralyze the efforts of a creative spirit and prevent him from rendering useful services to the community."
- Ludwig von Mises
#grownostr #freeross #libertarianism #Bitcoin