Greg Morin

Resisting peer pressure is seen as a virtue in childhood and a vice in adulthood.

On the loss of @RepThomasMassie election yesterday: That he lost is terrible but is still not the worst part. The worst part is that gullible boomercons credulously lapped up every lie, fabrication, and AI hallucination about Massie. Never before has a fictional quote (Andor) been more apt “The death of truth is the ultimate victory of evil” and “When truth leaves, when it is allowed to slip away or is taken, vulnerability to any loud and monstrous entity arises." Trump is a Sith Lord

I like it when the politicians tell us what they really think of us. In their head it’s always “F**k you citizen.” I like it when they just say it.

PFS 2018. @michaelmalice interviewing der Hoppeinator propertyandfreedom.org/as_paf_podcast… propertyandfreedom.org/2018/01/pfs-20… nb @gregtmorin

The reason so many invest in real estate & price out young people is that inflation makes the dollar & savings accounts useless so everyone needs to use their home as a saving account instead. Monetary policy is the problem, but like all lefties in human history you are programmed by your banker owners to never even notice this, let alone speak about it, and instead go after actually productive people to ensure they remain ground under the heels of your owners.

@notjessewalker Ah ok, as a joke that is fair. But he has still identified one of the problems, said structure is not strictly monarchical... all companies run that way (an executive with full authority constrained only by the board).

@gregtmorin Nothing kills a joke like explaining it, but I was alluding to the section that begins "In any functioning organization, the standard solution to avoid internal conflicts or frictions is that the President prevails and that all subordinate officers comply with his orders..."

On-brand that Hoppe thinks the root of the Mises Institute's problems is that its institutional set-up isn't monarchical enough.

Psychology Law 1: What you loudly proclaim about yourself is false; what you loudly deny about yourself is true.

@CaitlinLong_ Head exploding.

👀 — re-learning the lessons of #tradfi leverage-based financialization:

@michaelmalice You should interview Grok on Your Welcome. No joke.

We are at a civilizational tipping point This is how I felt when I first got on the internet Grok is not only a better conversationalist than the average person and more articulate, it is now also capable of correctly deducing motivations

Yeah this is all naval hazing in the end as we don’t even know how the human mind works much less a hypothetical “hive” mind. Perhaps the closest thing to a hive mind is say an insect colony (bees or ants). Collectively they achieve their ends perfectly even though I wouldn’t say any individual ant is “deciding” to act beyond what instinct is programmed into them. So “ant action” must not be a corollary of human action.

What Mises didn't know and what computer science reveals is that central planning is just objectively worse, because private property allows for better calculation algorithms. So a hive mind would have to split itself up anyway to achieve its goals faster. A hive mind creates unnecessary calculation obstacles. The benefit of economic calculation has to exceed the cost of economic calculation. And this is impossible with a hive mind because the hive mind doesnt provide a calculation advantage that individuals wouldnt have. E.g. a hive mind would need to have quantum networks, quantum storage and quantum computation - then benefits could be meaningful, but only if somehow individuals wouldnt have access to that technology, which doesn't make sense. Central planning only is superior if you lobotomize its opponents. Also, a hive mind of ballet dancers doesn't result in faster advances in quantum physics. Nor do they solve physics equations faster. So where does this astronomical advantage of a hive mind come from? Telepathy only solves the quantum networks problem. It doesn’t solve storage and compute problems. It's like asking how many years of advantage one must have over a large primitive tribe to win every battle? Even a machine gun can't stop 100 angry naked natives with spears. Not enough bullets. The more sophisticated the natives, the exponentially bigger the technological gap must be. A hive mind doesn’t create a gap big enough to justify the tiny benefits left after paying the costs. A hive mind can only make sense if there's divine magic added that is exclusive to the hivemind. Telepathy alone doesn't cut it - it makes calculation worse (due to non-locality and information crossing barriers, etc). The internet already turned humanity into a hive mind and yet the ECP still stands. It only made central planning more impossible.

Double dork alert (combining Austrian econ and sci-fi) Had an argument with some fellow Austrian the other day (@gregtmorin and @Rerazer ). Concerning Pluribus and whether the hive mind there is even possible. I say no. Mises argues calculation is impossible under socialism because you are unable to compare heterogeneous factors without meaningful market prices to use as accessories of appraisement. But he says you can do it in a small household economy. He writes: "There is no need to dwell upon the primitive conditions of the household economy of self-sufficient farmers. These people performed only very simple processes of production. For them no calculation was needed, as they could directly compare input and output. If they wanted shirts, they grew hemp, they spun, wove, and sewed. They could, without any calculation, easily make up their minds whether or not the toil and trouble expended were compensated by the product. But for civilized mankind a return to such a life is out of the question." mises.org/online-book/hu… Now Adam said that because of this, the hive mind in Pluribus could do the same. I said no. It's too complicated. Too many factors to compare to decide on what is efficient. Grok thinks I'm right. x.com/i/grok/share/2… Thoughts? @Rerazer @BobMurphyEcon

@NSKinsella @Rerazer @cezarybaginski In the same way that my “mind” knows that no efficiently is lost if I read a book in the evening after having tilled my farms soil all day. Some activities have a natural limitation in how much can be devoted to them to produce more output.

I can suspend disbelieve for the communication part and that the girl has hive memories and can fly the plane. But the show ignores the issue that the hive midn cannot know what is efficient. yet it shows them doing things to use resources efficiently. for example its main goal is to build the transmitter to propagage the signal to another planet. Due to that they have a race against time given their pacifism and their extreme form of fruitarianism. So they have people sleep in warehouses and turn off city lights to save resources. Right? So the show is awre of the needs of the hive mind to act efficicnetly. yet they allow peopel to fly 747s and give a nuke to Carol. how does the hive mind know this is "worth" doing

@MassieforKY Donation made! Thank you for your service !

I’m signing the first batch of debt badges and Constitutions this morning in my kitchen. If you want to get a signed debt badge, you can still donate $250 or more at this special link: secure.thomasmassie.com/debtbadge

@NSKinsella @Rerazer Yes! That’s the hypo!!

@NSKinsella @Rerazer Pluribus does just that - the only way their system works is if some impossible fiction is in play.

You realize we are fighting over a fictional scenario, right? It's like you are fighting the hypo- the hypo is that perfect information coordination IS possible. So given that hypothetical, why wouldn't it work? The coordination of the USSR politburo is NOT comparable to the hive mind of Pluribus. It's not just "people working together for a common goal" it is literal telepathy between every brain on the planet in real time. So comparing the hive mind to real world situations is inapplicable. THIS IS FICTION!! ;-)

that's a GOT-DAMN hayekian confused socialist LOSER answer!! Mises would say it's impossible for Pluribus hive mind to coordinate the whole world just like it's impossible for USSR central committee can do it. The normal socialist retort is the committee can substitute it's values and preferences--sure, but it's still groping in the dark b/c it can't compare all those heterogenous factors, i.e. it cannot operate efficiently, economically and pluribus hive mind is the same. Mises: "Thus in the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy." .. "Without it [monetary calculation], all production involving processes stretching well back in time and all the longer roundabout processes of capitalistic production would be gropings in the dark." Salerno: "dispersed knowledge is not a bane but a boon to the human race; without it, there would be no scope for the intellectual division of labor, and social cooperation under division of labor would, consequently, prove impossible." Grok: x.com/i/grok/share/0… "Even granting Pluribus’ hive mind “perfect coordination” and total shared consciousness (no dispersed-knowledge problem), it still couldn’t perform rational economic calculation — exactly like the Soviet central planning board. Mises settled this in 1920: without genuine market prices for higher-order (capital) goods, any collective planner is left “groping in the dark.” Socialism is the abolition of rational economy. Direct input-output comparison works only “within the narrow confines of household economy” (the hemp-to-shirt example in Human Action), where processes are simple, visible, and low-capital. A modern economy’s vast division of labor and roundabout production makes that impossible. As Joe Salerno has emphasized, the dispersion of knowledge isn’t a bug — it’s a boon to the market order. It enables the intellectual division of labor. The real barrier is institutional: no private property in the means of production means no monetary prices emerge as “accessories of appraisement” to compare heterogeneous factors. A hive mind is simply one giant autistic planner. It doesn’t escape the calculation problem; it embodies it on a more total scale." I REST MY EFFING CASE!!

Happy Tax Day, Suckers: Why "Public Goods" Is the Cronies' Favorite Excuse for Theft open.substack.com/pub/hamannatur…

You didn't get regime change. You didn't get an end to enrichment. You didn't get an end to support for regional allies. You didn't destroy their medium range missile capabilities. You did lose 13 military bases, hundreds of billions of dollars in spending and damage. You did give Iran control of the Strait. Thank goodness Trump did not do what would have been necessary to accomplish those goals. It would have required a massive land force and led to the consequences you listed that we now appear to be avoiding.

@michaelmalice So society is fundamentally feminine: confidence > knowledge

The chaos American culture has been under for the last decade+ has made people desperate to follow those who speak with certainty, secondary to whether they speak from knowledge or truth

@ThomasEWoods @TheQuartering So the fact that every President threatened to lick the frozen lamppost but Trump finally did it only underscores how unsuited he is for his current job.

@TheQuartering Not the same thing as the war Many ways to get what Trump wanted. Alex is right