Tag Archives: objective identity

Predictive Random Utility (PRU)

Yielding to the Description of Objective Reality By no coincidence, reality is predictably random, aggressing a passive resistance. If you want to boost a rocket to the space station you accept the descriptive, objective reality of an aggressing, passive resistance. … Continue reading

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Attributive-Risk Identity

The capacity to make demands is an attributive-risk identity. It is a function of legitimate authority, which reduces to some form of coercion described as the public good. In the case of conservatives, legitimacy is described as an “objective identity” … Continue reading

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Existing in All the Futures

Identifying the Gamma Risk Consider the current situation in Thailand. According to military officials there, the coup occurred to restore peace and security. Populist sentiment re-established elite identity. The old regime is being destroyed by creating a new regime. The … 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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Valuation of the Surplus

We currently see the arbitrage argument (what values risk in the futures) occurring in the gamma-risk dimension. Three days before the default-date on the national debt, arguing over who pays the debt in the future in the form of limiting … Continue reading

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The Supra Sovereign

Being Beyond Liability (The Doctrine of Self-Determination) Remember that Thomas Hobbes advocated for absolute power of the monarchy. By pluralizing it (by resisting its limited liability, as Hobbes suggested, by natural right), conservatives contend the principle of absolute power was … Continue reading

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The Liability

DOJ says Bank of America sold $850m of fraudulent RMBS’s in 2008. DOJ’s civil complaint is the result of a PWG (President Obama’s Financial Fraud Enforcement Task Force’s RMBS Working Group). According to the Group, RMBS fraud caused the Great … Continue reading

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