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Showing posts with the label economics

If Centralization is a system, Decentralization is man

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The system is a safety net, and the man is himself; whether good or bad. A fire is raging inside your apartment. The only way to avoid burning to death is jumping out the window. You jump, and waiting to break your fall is a large webbed net. This net is how decentralization is viewed. It is big, safe, and no matter where you fall in it, the rest of the web will compensate. That safety and security of it is assured and appealing. Wonder if when you leapt from the window of your burning home, there was only a thick cushion waiting for you below? It will surely save you, but only if you land on it. That condensed central object is a lot less attractive than the large net. Because, unlike with the safety net, the prospect of you smashing into the ground is very real. How these two examples are viewed is opposite to how they are perceived in the context of decentralization and centrality. Misperceptions are why the concept of decentralization has gained momentum lately. The i...

I Found the King: Success, not Wealth, is the best goal for Capitalism in the 21st century.

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I am setting off on a journey, and I don’t know where I am going or how it will end. On this trip, we will travel on roads forged by society. Societies which are manifested through their respective economic and political systems. I have my pen as my walking stick, and my limited knowledge as my subsistence, as I attempt to discover what system is best for weary travelers that are also taking this journey. Because the better the system, the better the society, and therefore the better our journey will be on the road of life. Of course, better is a loose term. What can be better for one can be disastrous for another. That being the case, what is actually better? It is better for shareholders if employees work at a lower wage and increase margins, and it’s better for workers if their wage is increased. Those two betters are opposite, which means, with any sentiment left aside (some shareholders might care about workers), someone’s better is another’s worse. This is true in many facets of ...

Markets Don’t reflect Reality, they Deviate from Reality:

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There is money to be made. Go make as much as possible for as long as you can. Keep it coming in while you sleep. Make even more when you wake up. Life is gaining income and spending it. With no money, you will die. It’s a big part of human reality. A reality which changes often. When a tornado steamrolls a town, it distorts their reality. That distortion has a cascading effect. Those alterations range from emotional to geologic and everything in between. Distortions like these keep reality forever changing. Within our dynamic reality, there are systems. Seasonal change is a system. A system that would very much alter if a space object collided with Earth and changed our orbit. Ecosystems are systems, so is the electrical grid. All these examples are very tangible. There are also systems that do not exist but are real, like economic ones. And just like everything else in reality, these systems are always changing too. The thing is with something not tangible, like an idea, it can only ...

Money is Power, But Wisdom is Best

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Money is Power, But Wisdom is Best The goal when making a decision is to be right. The same goes for when confronted with problems and arguments. We want to solve them and win them, respectively. Doesn’t everyone, especially lawyers, want to win every argument? However, most non-mathematical problems and arguments are very non-binary (binary being true or false, yes or no, innocent or guilty, to do or not do, etc.) in that they have many prospective solutions and answers. In those cases, winning an argument does not always mean the winner is even correct. Is there a right or wrong answer on where to have the company’s Christmas Party? Among the people discussing, one person could seem more right to some, and another could be less right yet more convincing to others, and either could be speaking to the wrong or right crowd correctly or incorrectly. That illustrates what we all already know. Which is that for different people, the same problem often has different solutions. So then, what...

The Love of Ice Cream and Loathing of Waste

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A Simple Analogy on the Philosophy of Waste The summer heat at the State Fair is intense. After wiping the sweat from his eyes, George sees an ice cream vendor in the distance. He loves ice cream and smiles, knowing there’s nothing better than its cold tastiness on a humid day. George walks over, fingering the money in his pocket, knowing he has no reason to count it. He came to the State Fair with enough money to play as many games and eat as much as he wanted. Once he reaches the ice cream trailer, George pulls out his wad of cash and orders.  A couple of locals named Bill and Ted lean on a vacant trailer kiddie corner to the ice cream vendor and oogle at the massive amount of cash a slightly overweight, sweaty young man is holding. They then look at each other, aghast, as George turns away from the booth with a single cone filled with a ridiculous amount of Superman-flavored ice cream. The top scoop, which looks to be the eighth, immediately drops from the mountain of ice cream ...