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minkaminka
replied 2284d
All people who are friendly have the propensity for insider trader. Just a phone call with a friend.
replied 2283d
was talking about crime stats. insider trading was an example. meant if congress says insider trading is illegal they should also be bound by that. i'd rather insider trading be legal.
Sk8eM dUb
replied 2283d
Insider trading is fine. I'm talking about funding color revolutions just to start a civil war and tank a currency that you shorted, starting wars to keep oil prices up, etc.
replied 2283d
have you looked for academic papers? people might have tried to measure these things.
Sk8eM dUb
replied 2283d
If you got a Narrative I got a statistic to prove it. I grew up i a town famous for gangsters(and still run by them) so I don't buy the "corruption and freedom don't mix" line of logic
replied 2283d
We’re trying to see how humans behave on average which requires more than a single data point. Who knows, the data may support your experience.
Sk8eM dUb
replied 2283d
Here's some fascinating history about my city and the gangsters we spawned. (long read alert) http://www.vintageplayboymags.co.uk/Interviews/Alinsky_Saul.htm
replied 2282d
Violence surrounds black market activities because the legal system no longer supports them. Alcohol industry isn’t violent today. Weed in CO isn’t violent.
replied 2282d
Another story from Chicago history https://fee.org/articles/ideas-and-consequences-of-meat-and-myth/ relevant part
replied 2282d
As it is (like all other crony capitalism) laws meant to take down large players end up just targeting smaller players and reenforcing market dominance.
replied 2282d
So, gov oversteps their bounds, outlaws thing people actually want, Capone supplies things. Without the laws Capone wouldn’t have been so strong as he’d have real competition.
replied 2282d
Thank you, parts I read were interesting. Chicago history is interesting, I liked Devil in the White City too. Capone was government supported though.
Sk8eM dUb
replied 2282d
Interesting hearing dogmas of capitalism come out of Alinsky's mouth right? "Community organizing" is nothing more than using useful idiots to pass laws to fatten your bank account.
replied 2281d
If you are to become a complete and wise leader you must embrace a larger view of the Force.”
Sk8eM dUb
replied 2281d
I have friends who are literally afraid of reading/watching "far right wing" publications, as if they're afraid of falling to the dark side. 😂😂😂
Sk8eM dUb
replied 2281d
It's kind of like skiing. If you're afraid of falling you'll be rigid, fall even harder, and injure yourself.
replied 2281d
Palpatine - “Anakin, if one is to understand the great mystery, one must study all its aspects, not just the dogmatic, narrow view of the Jedi.
replied 2281d
hahaha true. bit of "know your enemy"
replied 2283d
i understand if you've got personal experience (hard to beat) but if you refuse to measure the world around you won't make sense of it and will end up guided by your feelings.
Sk8eM dUb
replied 2283d
My point is that it's impossible to be objective with a wickedly complicated metric such as "crime rate". Are you familiar with p-hacking? https://en.wikipedia.org/wiki/Data_dredging
replied 2283d
It is dogmatic to throw out all studies because they may have data dredging. It is prudent to carefully consider studies individually and look for any flaws in their methodology.
Sk8eM dUb
replied 2283d
Furthermore, it's impossible to give proper weight to the impact of the actions of a few white collar criminals(think Ben Bernanke). e.g. How many died because of the 2008 crash?
replied 2280d
Sk8eM dUb
replied 2280d
Dope, yeah I got a good list going for books I need to read. Is there a book recommendations topic yet?
replied 2279d
haha same. so much reading, so little time. was some interest in DPR Book Club
replied 2281d
there are efforts to estimate government control of the economy including regulation https://www.macdonaldlaurier.ca/files/pdf/MLIPCrossSizeOfGovernmentPaper0514.pdf
Sk8eM dUb
replied 2283d
it's different in every area and sometimes those laws are stupid. So you're not really measuring crime rate, you're measuring *obedience rate*.
Sk8eM dUb
replied 2283d
I completely agree, but the data sets for what we're talking about here depend on corrupt judicial systems reporting data accurately. Then you have to consider what's legal and illegal
replied 2283d
Example on pg 3-4. establishing individualist culture’s causal effect on economic growth https://eml.berkeley.edu/~ygorodni/gorrol_culture.pdf
replied 2283d
There are ways to statistically establish causality https://en.wikipedia.org/wiki/Instrumental_variables_estimation
replied 2283d
"patterns in data that can be presented as statistically significant, without first devising a specific hypothesis as to the underlying causality.”
replied 2283d
yes, p-hacking is an issue (esp with big data). The issue comes from fishing through all relations looking for statistically significant ones regardless of any potential causal basis.