Tag Archives: economic rent

Crowd Control

When the crowd takes a bullish position it is only natural for Goldman Sachs to “bet” against it. To hedge the probable risk, it is only natural to sell what you have now and buy it back later. That way … Continue reading

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When the Price is Right

In a free market, everything is legitimately priced on demand. The price to be paid is not dictated but discovered. Buyers and sellers come together, freely engaged in commerce to discover risk beyond the dimension of avoiding it. We learn … Continue reading

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Objective Identity

Philosophy is the great adventure of infinite possibility, but limited probability, busy as we are nullifying the possible, verifying the probable. The Logical Condition Psychologists tell us that reality is subjective. Everyone perceives the same object differently. We have varying … Continue reading

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Identity Theory and Positive Value

Identity is critical for exculpating the probable value of the risk. If risk has an ontological identity, attributable to the Iron Law, for example, how is it “positive” to prosecute people who are merely behaving according to nature’s invisible hand, … Continue reading

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Risk Avoidance On Demand

As industry and markets consolidate to command (rationalize) the risk, the plurality (the mob) is controlled by destroying the capacity to apply alpha risk on demand. Demand, however, is not destroyed but re-created. It shifts to a political resolution–the realm … Continue reading

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Rationing Risk in the Aggregate by Default

To control the mob it is necessary to “ration” power, or what economists call “rationalizing” the marketplace: maximizing profits and minimizing costs, “networking the externalities,” consolidating the risk into “the capital.” Notice that G20 nations are moving away from austerity … Continue reading

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Public Safety

The Utilitarian Model Elite models are supposedly concerned with public safety in priority. Exacting detriment from the top down is an act of selflessness (sacrificing private life for public service) not selfishness. The People need to be protected from themselves. … Continue reading

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