Posting has been light lately. I’m not gone, just busy with the house and with work. Mostly with work. I’m afraid to open my aggregator, because I don’t want to see what I’ve missed the last few days.
On the plus side, I’ve been doing some wicked sweet graphics programming in Excel.
You'll have to show me sometime. Someone told me about a guy who has program nintendo games in excel. I didn't know excel was that powerful
not that sort of programming. (although I had no idea that was possible, either!) it's more like charts/reports automation.
Hey, David, I was curious what you thought of the open and proud endorsement of the labor theory of value in the "Can market exchange create new value?" post in your Shared Items box. It does appear there twice, after all… I was going to post a comment correcting him and referring him to Bohm-Bawerk or Mises, but he sounds like a total douchebag who has no interest in sound (Austrian) economics, and wouldn't be swayed regardless, so I left him alone.
I left a comment there and I've had previous comments there on the LTV. He would benefit greatly from reading some of Carson's work if he hasn't done so already.
Regarding the LTV, I agree with this statement: "utility, and by that I mean objective value of any single commodity can only be created through one of two ways. Human Labour and Natural Phenomena." What I reject is the argument (or any variant thereof) that suggests something is valuable merely *because* it was created by human labor.
Or, although all whales are mammals, not all mammals are whales.
Mandatory Arbitration works best to subvert the rule of law and maximize the skill, resources and power of the party who imposes that "solution" to problems, not wishing to air grievances before formal, transparent, and open tribunals.
It is the ultimate power game based upon an imbalance of powers that imposes tyranny from the top down. Without a method to prevent mandatory arbitration, the only thing a free people can do is to insist that it be public and open to the press.
Courts are not all about Judges and Juries since they also propel cases into the public sphere where public pressure can be assessed for propriety, and the preservation of forseeable civil rights that the public may risk through the kangeroo courts of mediation and arbitration. By avoiding the publicity that would otherwise inure to the participants, undisclosed but inherently dangerous evidence can always be concealed.