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Cake day: June 12th, 2024

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  • Economics is the social control mechanism that filled the void vacated by religion after the enlightenment.

    Finance replaced mythology. Banks and financial institutions replaced churches and cathedrals. Economists replaced the clergy. GDP replaced God.

    Mathematics is the foundation of reality, accounting is a selective subset of mathematics.

    Economics is functionally religion that wears a tattered robe of finance which is patched with parts of accounting that economists find useful to support the doctrine of their particular model.

    Like religion, economics can prove useful for a society, but similarly it has no intrinsic legitimacy imposing influence on or over those who don’t willingly and non-coercively subscribe to its narrative.















  • Affordability is a function of an economic environment, which makes it an intrinsically imaginary problem.

    All governments have a unique ability, through policy, to require the provision of a base load of subsistence resources before extraction is tolerated, not doing so is literally a choice.

    Tolerating the concept of affordable housing creates an unnecessary, and debasing, stratification.

    To rephrase my original assertion, the first 100% of primary residence demand should just be understood to be housing. Secondary, short stay, premium, and other use cases should only be tolerated in the stock beyond that initial 100%.