• 10 Posts
  • 23 Comments
Joined 2 years ago
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Cake day: June 13th, 2023

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  • It goes along with how they’ve stopped calling it a user interface and started calling it a user experience. Interface implies the computer is a tool that you use to do things, while experience implies that the things you can do are ready made according to, basically, usage scripts that were mapped out by designers and programmers.

    No sane person would talk about a user’s experience with a socket wrench, and that’s how you know socket wrenches are still useful.























  • The actual goal of political economy should be the well-being of the people. Price stability can be a means to that end, but it can also diminish standards of living. Certainly, price stability is not an end in itself.

    To clarify what I mean, this current inflationary period is being caused by transient supply disruptions. They’ll clear up on their own. Apart from Japan, what are the central banks of the world doing? They’re trying to throw their economies into recession. Because of transient inflation that was not caused by runaway demand.

    It’s tricky to talk about actual gold standard days, since economic data aren’t very reliable that far in the past, but historical accounts don’t exactly paint a rosy economic picture. Whether there was price stability, I’m really not sure, but I do know there was mass unemployment, frequent economic crises, and widespread poverty.

    Finally, the Eurozone… Their recession following the global financial crisis lasted longer than other advanced economies, because the Stability and Growth Pact is the opposite of sensible economic administration. Indeed, Europe is in a downward binge-purge spiral of—crisis happens, better ignore excessive deficit rules and let the ECB buy sovereign debt at its discretion; well the crisis is over, time to fuck up European economies again; oh no there’s another crisis, better ignore the SGP again.

    At some point I might have to leave the US, so it’s a shame that Europe isn’t a viable alternative.


  • Nothing has inherent value. Inherent value shouldn’t be confused with practical value. Anyway, while gold has some practical value nowadays, being a corrosion resistant electrical conductor doesn’t explain why people wanted gold more than a hundred years ago. Thinking there’s something special about gold that makes it valuable irrespective of social beliefs or practical uses is just… the world’s least interesting religion.

    The fact is, money has value because it’s the only thing that can be used to pay taxes. So for the next level, I’ve never quite understood what “social construct” means. Is being punched for cosplaying a Nazi a social construct? Not the justification, but the fist, is the fist a social construct? Is being harassed by the IRS because you’re a sovereign citizen who uses self-issued Freedom Dollars and doesn’t believe the Sixteenth Amendment was duly ratified so income taxes are illegal, is the harassment from the IRS a social construct?