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Comment Re:"Welfare Economics and Social Choice Theory" (Score 1) 40

From an anarcho-capitalist and Austrian perspective, the attack of these subjects is severe. The core criticism is that welfare economics often dresses political value judgments in mathematics and presents the result as scientific optimization.
The Austrian objection starts earlier than the libertarian one.
There is no measurable quantity called âoesocial welfare.â
You value a steak dinner. I value the money more. We trade. Both reveal, through action, that each prefers the new situation.
Economics observes the voluntary exchange.
Now a welfare economist writes something like:
Social welfare = Aliceâ(TM)s utility + Bobâ(TM)s utility + Charlieâ(TM)s utility.
The Austrian response is: what units are you adding?
Utility is ordinal. You prefer A to B. This does not mean your satisfaction is 17.3 units and mine is 12.8 units.
You cannot scientifically establish that taking $1,000 from one person causes less lost utility than giving the money to another person creates.
You can support redistribution as a moral or political position. But calling the resulting calculation a social welfare function does not transform the moral judgment into an objective measurement.
âoeSociety choosesâ is dangerous language.
Individuals choose. Individuals act. Individuals own things. Individuals bear costs.
âoeSociety decided to spend $10 billionâ usually means a political process selected an expenditure and taxpayers were compelled to finance it.
From an anarcho-capitalist perspective, aggregating millions of people into a fictional decision-maker hides the essential question:
Who decided?
Who pays?
Who benefits?
Who refused?
What happens to the person who says no?
Social choice theory deserves some credit here. Its own results expose serious problems with turning individual preferences into a coherent âoewill of the people.â
The Condorcet paradox shows that majority preferences can cycle. Arrowâ(TM)s theorem shows that no general ranking system satisfies several attractive conditions simultaneously.
The anarcho-capitalist reaction is almost sarcastic: you spent decades proving mathematically that there is no coherent social preference ordering, then continued discussing how experts should optimize social welfare.
Pareto efficiency is much narrower than political rhetoric suggests.
Pareto efficiency has a legitimate analytical meaning. The trouble starts when economists move from voluntary exchange to hypothetical compensation.
Suppose a regulation gives Group A benefits economists estimate at $100 million and imposes costs of $60 million on Group B.
Some welfare analysis says the policy produces a $40 million net social gain.
The libertarian response is simple: Group B lost $60 million. Did anyone ask them?
If A gains $100 and B loses $60, saying âoesociety gained $40â treats separate people as entries in one accounting ledger.
An anarcho-capitalist rejects the premise. A benefit to one person does not cancel an imposed loss on another person merely because an economist performs subtraction.
The knowledge problem destroys the fantasy of optimization.
This is the Austrian argument associated especially with Friedrich Hayek.
Economic knowledge is dispersed. Prices contain information produced by millions of independent decisions. Preferences change. Local circumstances change. Resources have competing uses.
A central analyst does not possess the information needed to calculate the âoeoptimalâ allocation.
A market does not require one person to know everything. Prices coordinate plans without a central mind directing the entire system.
Welfare economics often asks, âoeWhat allocation maximizes welfare?â
The Austrian response is, âoeYou do not know the relevant preferences, opportunity costs, entrepreneurial discoveries, future alternatives, or counterfactual prices required to answer your own question.â
The calculation problem is worse without genuine market prices.
This is the argument strongly associated with Ludwig von Mises.
A bureaucrat deciding whether resources should produce railways, hospitals, housing, batteries, or server farms needs meaningful prices for capital goods.
Those prices emerge from exchange, private ownership, profit, and loss.
Without genuine market pricing, planners are not optimizing. They are allocating according to administrative rules, political pressure, historical budgets, lobbying, and guesswork.
A spreadsheet does not solve the economic calculation problem. More computing power does not solve a missing-price problem.
âoeMarket failureâ analysis often compares reality with an imaginary perfect market.
This is one of the strongest libertarian criticisms.
The usual pattern is:
Real markets have imperfect information, transaction costs, externalities, monopolistic tendencies, and unequal outcomes.
Therefore, government intervention might improve the result.
The missing step is institutional comparison.
Government officials also have imperfect information. Regulation has compliance costs. Voters are rationally ignorant. Agencies seek larger budgets. Politicians respond to concentrated interest groups. Regulations create unintended consequences.
The relevant comparison is not:
imperfect market versus perfect government.
The relevant comparison is:
imperfect market process versus imperfect political process.
Once you make that comparison, many clean textbook conclusions become much weaker.
Social choice theory accidentally supplies ammunition to libertarians.
This field is less inherently collectivist than welfare economics.
Social choice theory demonstrates that collective decision mechanisms have deep structural problems.
Majority rule can cycle.
Agenda setters can influence outcomes.
Strategic voting changes results.
Different voting systems produce different winners from the same underlying preferences.
There is no neutral mechanism for converting individual rankings into a single collective preference under all desirable conditions.
A libertarian conclusion follows naturally: if collective choice is structurally problematic, reduce the number of decisions imposed collectively. Leave more decisions with individuals, families, firms, voluntary associations, insurers, cooperatives, charities, and contractual communities.
Social choice theory often asks, âoeHow should everyone collectively choose one option?â
The anarcho-capitalist asks, âoeWhy must everyone choose the same option?â
That question cuts much deeper.
The deepest conflict concerns consent.
Mainstream welfare economics often focuses on outcomes.
Anarcho-capitalism focuses heavily on means.
Suppose forced redistribution produces a statistical improvement under some selected welfare function. The anarcho-capitalist still asks whether coercion became legitimate because an economist assigned weights to different people's utility.
From this perspective, the central problem with much welfare economics is not bad arithmetic. The problem is a category error.
Economics studies choices, scarcity, exchange, prices, production, and consequences.
The moment an economist says, âoeThis distribution is socially better,â a moral judgment has entered the analysis. The economist should identify the ethical assumptions instead of presenting them as a technical output.
The harsh Austrian verdict would be this:
Welfare economics starts with subjective individual preferences, admits they cannot be directly measured or meaningfully added across people, constructs a mathematical social welfare function anyway, inserts political judgments into its parameters, and then announces an âoeoptimalâ social outcome.
Social choice theory is more interesting because much of its best work demonstrates why the phrase âoesociety prefers Xâ is often logically unstable.
The anarcho-capitalist alternative is less ambitious and more disciplined: voluntary exchange, private property, freedom of association, decentralized decision-making, and liability for harms. Instead of trying to maximize an imaginary aggregate welfare number, allow people to pursue different goals and coordinate through consent.
The strongest criticism is not âoeall welfare economists are socialists.â Many are not. The stronger accusation is that the framework gives technocratic politics a scientific-looking vocabulary. Words such as optimization, social welfare, efficiency, and compensation criteria often conceal the real political questions: whose property is taken, who decides, who pays, and whether refusal is permitted.

Comment Priorities (Score 4, Interesting) 48

Years back I was interviewing people for a coding position. We went through the standard tech stuff and then did a bit of project to see how they thought. We said (this is circa 2009'ish I think) - imagine you're on a team creating a new phone. You don't have time to test all the functions, so which would be your top two functions to ensure working?

All a bit Kobayashi Maru - obviously you can't release a phone testing only two functions, but we wanted to see what they'd prioritise. The very best answer we received was this one: "I would make sure it has the ability to call emergency services." Their thinking was that this was likely the most critical feature of a phone for both a user, and also for the manufacturer to avoid being sued. Absolutely great answer.

And yet here we are, with the post above. Taking the thinking of this interviewee - the ability to work with emergency services is important for general society, for the user of the vehicle (so they don't get in trouble) and for the manufacture of the vehicle (so they don't get fined/sued/both). Absolutely critical.

Comment Bleagh, (Score 1) 66

You can get Veracrypt to work with the Mac, via FUSE, but I don't know how safe/robust that is. It's probably more secure than anything Apple has. It's certainly more secure than anything Microspot has.

But, yeah, it's getting extremely irritating that useful stuff is being taken out of commercial OS' and junk put in.

Comment Re:YMMV - But the knockoffs have a legit market (Score 1) 118

"Yutianhome"

See there is the trick, find companies out there that actually TRY to be human sounding instead of just random grouping of letters and numbers. This is usually the first sign that you're more likely to encounter legit yet cheap product. Vevor is... eh kinda easy to remember and their product listing prices look more like what an actual manufacturer would be charging to retailers buying their stock.

Comment Re:Lawsuit Targets Samsung, others, price fixing. (Score 2) 26

that phrase has no meaning, especially in this context. Who is dying of thirst in a desert and is forced to pay a huge premium not to die? Samsung should absolutely get as much money now as it possibly can, eventually the profits will reduce to a trickle, they will need all of this extra fat to survive, good for them. You can build your own memory manufacturing plant if you don't like the prices and think you can sell memory cheaper in this current market, go, do it.

Comment Re:The secret word is "trust". (Score 1) 2

The DoD is known for viruses transporting payloads across airgaps onto Internet-connected machines. One thing it isn't is "so secure".

But, to the extent that it IS secure, it uses pretty much what I outlined. They use Class 3 certs for all users and all machines, and have done since about 2001. The US Navy got to trial run thei system to shake down the defects in the design, before they rolled it out to everyone. Beyond that, they use segregated networks (in principle, physical separation rather than logical separation, but who knows?) and encrypted communications.

What I've done above is take what the US DoD uses today, threw in what the US DoD recommended but never actually implemented in the 70s to fill in some of the gaps, and also included what the US DoD implemented and actually used in the way of Trusted OS deisgns in the 70s and 80s. The NSA and IRS likely use some variants on the same techniques.

So, what I've got above is pretty much why the DoD is as secure as it is.

What I've done is augmented it to handle the fact that you need to verify the hardware and not just the endpoint, and that you need to verify the physical host independently of the logical host. But that's pretty much it.

User Journal

Journal Journal: Thoughts on confidential computing 2

https://www.theregister.com/security/2026/07/04/confidential-computings-core-trust-mechanism-is-broken-the-fix-may-not-exist/5266056

The claim in The Register is that confidential computing might not be a fixable problem. I am not going to claim I have "the solution", or that the solution I have come up with meets either the requirement of being necessary or sufficient, but I would argue that it adequately challenges the assumption that the problem cannot be solved at all.

User Journal

Journal Journal: Thoughts regarding confidential computing

https://www.theregister.com/security/2026/07/04/confidential-computings-core-trust-mechanism-is-broken-the-fix-may-not-exist/5266056

The claim in The Register is that confidential computing might not be a fixable problem. I am not going to claim I have "the solution", or that the solution I have come up with meets either the requirement of being necessary or sufficient, but I would argue that it adequately challenges the assumption that the problem cannot be solved at all.

Comment Re:Interesting and disappointing (Score 1) 19

That is true, but the archaeology shows that this won't work for all island-hopping or all river navigation.

For example, we have clear evidence of hominins not just living on islands across the Mediterranean when no ice was present (it was free-standing water) but commuting to and from shore. We also have evidence of technologies travelling upstream along river-based communities at speeds that cannot be accounted for by simply walking.

So we need a model in which they could actively navigate against the water flow AND across significant distances of open water.

Comment Re:Interesting and disappointing (Score 2) 19

We know that boats built 1.1 million years ago (so around the time of the split) were capable of going long distances up/down rivers between settlements, and across open waters beyond visual range to islands. This places certain language requirements on the hominins of the time, although we can't be sure hobbits had full access to all of those requirements. (There's not much evidence of boat building.)

However, they must have genetically had the capability, whether or not their brains were large enough to make any use of it.

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