271 karma · joined June 27, 2018
Can you provide me an example of a pre-money society becoming a post-money society? I can't name any. Unless your point is that any theory would be speculative (which is correct). I think even if we were to see the same evidence our conceptual models would be different but I'd very much sincerely like to see evidence which allows me to rethink things.
You can :-)
If the debt is non-transferable, so simply between me and the other guy, then it's not money. Debt like this may lead to money but its no more money than barter is. Of course that is not to say that debt cannot be money (even following a similar process). I want to be clear that I would make no normative claims over which goods (or similar things like debt) can become money.
I don't think the argument I made was strictly Misesian but it's similar and to his credit he was careful on this same point. In The Theory of Money and Credit he's clear that he doesn't argue for gold (or metallic currency) based on "intrinsic value". He even goes out of his way to specify cases where metallic tokens (like scheidemünze) may not be considered money in the narrower sense (but may in the broader) and includes things classifiable as debt in both the narrower sense of money and in the broader (as money-substitutes). One key difference I can see in his treatment of debt is that he considers it after the existence of commodity money.
> Which works because you live in a small society where everyone trusts each other
I think this is one of many arguments where there's the unexplored subjective element. Argument A and argument B look reasonable to person A and B because of their upbringings. I wonder how trusting you are compared to me and how your social experiences have differed.
> Barter of goods is just inefficient in comparison.
Yeah, it can be.
"The most saleable good" in our economy is money. The majority of explicit trades for goods and services involve money. Of course, that is now and we need to explain how this happened.
If I have a good another wants then I may accept something I don't directly want as payment. Of goods I indirectly value, I should value more the goods that are most saleable as they provide the shortest path to goods I directly value. Throughout this my valuations are based on expectations of others' future valuations. We can think of the path from regular good to money like a feedback loop. It's the economic bubble that doesn't burst (except when it does and we all switch to silver or furs).
Of course it's much harder for the value of the anomalously valued good to crash in a real economy because of things like taxation (this is almost chartalism).
https://www.lowtechmagazine.com/2019/06/wooden-wind-turbines...
You seem to have a misunderstanding on the use of Hacker News (henceforth "orange site"). While orange site (or its users) may be characterized as pretentious, it's by no means not a place for low IQ discussion. This can be demonstrated by the use of the upvote system. The goal of orange site is to increase your score and you do so by gaining upvotes. Every user's vote is worth the same so to increase upvotes an optimal strategy is to write a comment (or submission) that most who see it will agree with or like. High IQ content will be definition only appeal to a minority so isn't part of an optimal strategy (unless you can make it look significantly impressive).
Best wishes and happy commenting!
One of the beautifully symmetric things about the whole affair is that each side had someone who had ran a Kickstarter campaign and then failed to deliver. In fairness, I believe Carl of Swindon eventually tried to make the game (and then started giving refunds) and Anita did eventually deliver the videos (of course it's still a little suspect why she needed the money since she was already creating the type of content albeit more in relation to media generally).
Something interesting about Gamergate is that it shows you (or at least me) how both sides in a dispute may have an interest in distorting the truth in the same way. We can remember Gamergate has a historical battle between political conservatives and liberals because mythologising the events that way is convenient for both. We can forget that Anita, for example, was more socially conservative than many of her detractors. We can forget that her early criticism came from sex-positive feminists and sex workers. We can forget her disapproval of SlutWalk and we can forget her praise of the introduction of female-only passenger cars in Japan.
For something from the time (on Anita specifically) I'd suggest two video by "Intig8ive Journalism". These are 'Anita Sarkeesian Part 1 The College Graduate'[0] and 'Anita Sarkeesian Part 2 Burqa Beach Party'[1]. The original account is gone (how much else?) but the they've been re-uploaded.
I could go on but I don't think there's much point. I don't expect this comment to be particularly popular but I've think I've said things which need to be said.
[0] https://www.youtube.com/watch?v=7xbLSe4E3XA
[1] https://www.youtube.com/watch?v=njRWV12LPwYI seem to remember old iPods having a feature where you could switch to the lyrics but it wasn't in time with the song.
You may not like it but this is fully standards-compliant behaviour. RFC 5321 states:
>The local-part of a mailbox MUST BE treated as case sensitive
I'm not saying this is a good behaviour and the RFC also discourages exploiting it further.
There are more ways an email address can be equivalent though :-). Since we know it's gmail in this case we know the email address is both case insensitive and dots don't matter. Comments are also allowed in email addresses (in both the local part and the domain part). Here's a couple examples from RFC 2822:
pete(his account)@silly.test(his host)
c@(Chris's host.)public.example
[0] https://tools.ietf.org/html/rfc5321Handguns aren't entirely illegal in the UK. If I'm not mistaken then, roughly speaking, what the law prohibits is rifles below a certain size. In the UK it is possible, for example, to legally own long-barrelled pistols and old flintlock pistols. Another caveat is that the ban doesn't apply in Northern Ireland.
I don't think this really detracts from your point at all.
As McLuhan said, the medium is the message
>(Russian election interference report flagged off front page.)
Why is a tech news/discussion board unable to effectively discuss politics?
Firefox -> Opera -> Firefox -> Chrome -> Iridium -> Chrome -> Firefox
Little funny for me as I'm running Xubuntu with the XP desktop background (bliss). I'm not exactly old though.
I think you have better expectations of the film industry than I do :-)