Joakim Book

Daily reminder that fossil fuels are amazing. Courtesy of Vaclav Smil
https://void.cat/d/XaUN9EfQ8nC1TX8h8MRfFH.webp
https://authory.com/JoakimBook/How-The-World-Really-Works-a6965207415b7afe31f66871779f80255

2023-09-14 21:14:38

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you wrote _another_ book, my guy??

2023-09-13 16:37:50

My latest for the Mises Institute, NONRIVALNESS and UNOWNED SHIT!
"despite holding the most prestigious award in the economics profession and being the author of a long-standing economics textbook, Professor Nordhaus doesn’t understand even the basic economics of property and rivalrousness."
https://mises.org/wire/cultural-appropriation-nontheft-something-no-one-owns

2023-09-11 20:42:27

If certain (pretty evil) people's actions don't make sense to you, it's usually because they're not maximizing the task you THINK THEY ARE.
Dr. Fauci was _very_ good at his job -- it just wasn't the job you thought it was.
Similarly,
"The Fed and US Treasury aren’t incompetent, they just don’t work for you."
https://thebitcoinlayer.substack.com/p/rich-in-the-70s-is-poor-in-2023
Plan accordingly.
https://twitter.com/joakimbook/status/1701303931941302288

2023-09-08 22:15:00

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congrats. You got yourself a low-paid job.
Courtesy of @npub102h…des6
https://bitcoinmagazine.com/culture/bitcoin-songsheet-airline-miles

2023-09-08 16:02:28

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those callouses are actually the most impressive thing in this pic

2023-09-07 12:50:47

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F-I-A-T food!

2023-09-07 12:48:51

Since we're all using Nostr as IG these days, this was my day. Enjoy.
https://void.cat/d/YVVHSvrMYzr8XP53pHNdDm.webp
https://www.instagram.com/p/Cw4uC1CMq5D/

2023-09-04 17:42:23

LET. EVERYTHING. BUUUUURN**
"Nobody laments the unheard-of startups that didn’t make it, the continuous flow of innovations that go nowhere, the books nobody has heard of. Why lament the languages you didn’t know existed?
Like most things, the modern world has taken reality’s existing structures to their most extreme; perhaps we should rebrand [the Pareto Principle] 'the Occupy Wall Street principle.' We, the denizens of the modern world, live in the 1 percent, where all our art, our books, our economic value, our money, and our languages reside."
**except for the few minor things that have value.
https://www.aier.org/article/the-one-percent-principle/

2023-09-03 13:24:38

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Bagehot isn't the *source* of free banking. Very different tradition, and if anything Bagehot is a Bank of England apologist -- e.g., here
https://www.soundmoneydefense.org/book-sound-money-essay
or here
https://www.aier.org/article/the-life-and-times-of-bagehot-the-greatest-victorian/

2023-08-31 12:58:02

"reducing homework or gutting it of substance, taking away structure and accountability, and creating boundless space for 'student voices' feels more patronizing than supportive"
https://www.thefp.com/p/free-press-high-school-essay-contest-winner?

2023-08-29 16:51:42

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someone is gonna CRUUUUSH. IITTTT!

2023-08-19 12:55:28

"If there is no P-A problem, don’t tip. Period."
https://www.aier.org/article/in-defense-of-tipping-part-i-principal-agent-problems/

2023-08-18 22:20:45

If we didn't know it already, fiat economics ("economics") has invaded The Economist.
No surprise there.
"Although Germany cannot spend as freely as it might have in the 2010s, when interest rates were low, forgoing investment as a way of reining in excess spending is a false economy."
https://www.economist.com/leaders/2023/08/17/is-germany-once-again-the-sick-man-of-europe

2023-08-17 17:56:37

HOT DAMN, my guy @npub1hk0…20pf
https://void.cat/d/Uu3tF5gfSCM61W6xzKXGuG.webp

2023-08-16 22:37:40

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funny that EVERYTHING that matters is right-wing... at least if you've got the wrong idea about it, I guess.

2023-08-10 17:25:07

@npub1hk0…20pf keeping it real
https://void.cat/d/JJUWsttyAb3NXf45QZsAZK.webp

2023-08-06 12:37:41

IT'S THE EGGS AND THE RED MEAT, GUYS!!!
Americans *would* be healthy if they, um, just hadn't GORGED ON MEAT.
Oh, noes.
https://void.cat/d/MtgJjAgQ386eF35Lb1ZDyU.webp
https://www.pewresearch.org/short-reads/2016/12/13/whats-on-your-table-how-americas-diet-has-changed-over-the-decades/

2023-08-05 09:13:07

iiiiiii... @npub1dtg…up6m is NOT gonna like this, I don't think:
https://www.humanprogress.org/modernization-and-the-loss-of-japans-samurai-culture-benefited-the-japanese-people/

2023-08-04 15:35:16

My guy @npub1jt9…la9y dropping precious advice
https://void.cat/d/XMKAmVQ5qrvkWCsY9Ewssg.webp
https://www.amazon.co.uk/Bitcoin-Everything-divided-21-million/dp/9916697191

2023-08-04 14:48:22

Life is about finding the edge. Approach it, purposefully. Respect it, delicately.
It's around edges that all things come alive: Stare into the abyss, unafraid and unaffected, and the meaning you seek might one day stare back at you.
#nature #iceland #yogiclife #waterfalls
#spirituality #waterfallsofinstagram
https://www.instagram.com/p/Cvg_9jus1h5/
https://void.cat/d/D24aibz5ANVfSvkmwrdMvA.webp
https://void.cat/d/Bs1A1cbPB4VrrvW6h38XVi.webp
https://void.cat/d/62tRE8WXKX7DkVdpy6cKY6.webp

2023-08-02 14:04:59

Why fiaters don't understand bitcoin ownership:
The fiat world's understanding of "property" is that of a **car**: mobile, tangible, and subject to society's approval. When the government rulers over your arbitrary plot of land no longer thinks the car is yours, they take it. You can complain, but their guns are bigger than yours; and you won't get to keep the car.
The Bitcoiner understanding of "property" is that of a tattoo: immobile, value mostly intangible, and it couldn't give two shits about society's so-called approval. When the government rulers over your arbitrary plot of land no longer thinks the tattoo is yours, they... don't even know where it is, who holds it, what its meaning is. They can't remove it. If they used their oversized guns to forcibly do so, its value won't accrue to *them* or their cronies but disappear for everyone.
Bitcoin is different.

2023-07-26 01:26:19

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yes, yes and YES! It's fantastic

2023-07-25 00:57:48

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Taleb makes that point in his writing too, e.g. _Skin in the Game_. Long-standing morals, time-tested advice etc.
(Not that he's esp loved by Bitcoiners these days.)

2023-07-24 18:33:07

Dope,
@npub1sfh…ymqt
https://void.cat/d/PJFqFk3GczJ3xZV85KAYLS.webp
https://static1.squarespace.com/static/62de2a644f0418669484e364/t/64b2bdc73ecdbd7404c5fd34/1689435597584/capital.pdf

2023-07-21 13:18:50

It's a full-time job these days to just keep up with what thoughtful Bitcoiners are writing and publishing.
CAN Y'ALLS BE LESS PRODUCTIVE, PLEASE?!

2023-07-17 12:32:49

"Graduates feel tricked. Whether it be rent hikes, relationships, mortgage deposits, being unable to finance a family, the receding horizon of retirement or social isolation from lives spent online, their lives have turned out to be the direct inverse of what their parents, grandparents and teachers led them to expect."
https://thecritic.co.uk/The-grim-side-of-graduation/

2023-06-27 21:50:50

Great reminder in times of irrelevant information and noise avalanche:
"If the underlying problem isn't addressed first, [other] issues are pointless to discuss. **The only real problem is dishonest money**"
Fr @npub1jt9…la9y

2023-06-26 23:28:47

"The quest for digital money is almost as old as the internet itself. It was just a matter of time until someone had the right idea and built a system that would actually work."
https://21-ways.com/ch0-03-quick-and-dirty/
@npub1der…xzpc

2023-06-21 23:52:59

"Roughly speaking, then, my mother’s ability to generate economic value got reduced by about a third — yet she thinks she’s better off because the paycheck at the end of the month has larger numbers on it."
This is what inflation does to people: causes us to misunderstand what's up, economically speaking, and to place the blame on entirely the wrong actors.
https://www.aier.org/article/money-blindness-and-money-clarity/