Tag Archives: Objectivist philosophy

Technically Bull

President Trump said today that record stock market indices indicate an improving economy. Since the current bull run began before he ever did anything at all, the Trump rally is a laughable sentiment. To be more technical, looking at a … Continue reading

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Natural Monopolies

The Argument Reconstructed Arguing structural incentives, economists say that monopolies are the natural result of free-market mechanics. The argument conforms to Objectivist philosophy in which the incentive to act is driven by environmental conditions–natural laws that determine the difference between … Continue reading

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Yielding to Record Profits and Dividends

The Pathology to Prosperity How is it the Great Recession yields record profits and dividends? Massive misfortune yields to a massive fortune, doesn’t it! Profiting from the misfortunes of others, organized to yield to the “natural identity” of the profiteer … Continue reading

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Profit and Persuasion

Objectivism is both persuasive and profitable. Paul Ryan, for example, well known as an avowed Objectivist, operates with the power of the purse, appointed by the House to negotiate the federal budget, admittedly persuaded by Objectivist philosophy. A good political-economic … Continue reading

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The Comparative Dialectic

When landed aristocracy had to compete with the capitalist, the rate of substitution quickly expanded. Rents extend with a higher degree of optimality. Innovation rapidly occurs, operantly conditioned by the invisible hand. (Again, keep in mind, in a free market, … Continue reading

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Absolute Value

Creating algorithms that shift the risk and retain reward conserves the aristocratic dimension of wealth and power despite the emergence of middle-class values. It is important to understand, when equities trade at high frequency, risk is not created. The “opportunity” … Continue reading

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Correction

A mistake was brought to my attention in the previous article, “Rating the Risk.” When financiers “make the market” to cycle recurrent risk (default) through the extension of rents (the rate of interest), which they refer to as “the business … Continue reading

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