Tag Archives: ayn rand

The Conforming Identity

Following the 2014 midterms, having gained a complete congressional majority, the GOP says it has a mandate. The two-party system has mechanically solved for “X” (conforming consent) and its existence is legitimately identified, conforming to the numbers, on demand. What … Continue reading

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The Existence Resistance

While it is interesting to speculate why there are nihilistic tendencies, how to functionally operationalize it is the immediate problem. Bombing people into inexistence just reinforces the demand for destruction. Adam Smith, for example, being a moral philosopher (and remember, … Continue reading

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Controlling for Volatility

Managing the Long-Wave Frequency of Risk Nature does not care if we know what the right thing to do is, or care to do it. When it comes to the human experience, much as the Objectivist describes it, nature is … Continue reading

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Pre-Tending to a Limited Liability

There is a story that pre-tends to the risk-reward ratio. The story being told is a method yield. For the capitalist, making markets, tending to the probable risk, is a timing function. Probability is reduced to market mechanics, structured to … Continue reading

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Naked in the Marketplace

The Positive Value of Negative Yield Geithner says the negative yield “was” worse than the Great Depression but since regulators reacted in the interest of the people at large (the interest of common divisibility) we did not go into a … Continue reading

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Yielding to Common Divisibility

Mancur Olson presents a practical guide for understanding the “natural identity” Ayn Rand refers to, for example. In “The Logic of Collective Action” Olson describes divisible and indivisible incentives. We tend to naturally buy-in to indivisible rewards out of self-interest … Continue reading

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Maximizing Yield with Limited Liability

Mainstream economics tells us that if liability is not limited, capital investment is sub-optimal. Trying to contain the risk, like we are doing now, by wanting to extend unemployment compensation and raising the minimum wage, for example, results in excess … Continue reading

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