tag:blogger.com,1999:blog-2182962435875556601.post6124720373117747101..comments2023-09-24T08:04:06.909-04:00Comments on FSK's Guide to Reality: Reader Mail #38FSKhttp://www.blogger.com/profile/11903396202330950362noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2182962435875556601.post-4022832542949210332008-02-24T00:14:00.000-05:002008-02-24T00:14:00.000-05:00"Humans need to have a single person who is the ul..."Humans need to have a single person who is the ultimate final authority for settling disputes, with the ability to violently enforce his decisions." This one is false. Do you agree?<BR/><BR/>You used the word "authority"! You lose!<BR/><BR/>I only find the concept of "authority" to be useful in the sense of a "delegation of authority" or "authorization", and IMO, any other use of the word "authority" is an abuse based on the idea that the state is supposed to be authorized by "the people", and the resulting conflations. There is no authority without authorization. Authority in this sense is not logically necessary, but it is extremely useful.Zhwazihttps://www.blogger.com/profile/13087328285714641985noreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-60707667656264354362008-02-22T21:07:00.000-05:002008-02-22T21:07:00.000-05:00Yeah, I hit up on that concept with my 6 a.m. comm...Yeah, I hit up on that concept with my 6 a.m. comment on Thursday:<BR/>"One additional possibility is that the rules, culture, and payout structure of hedge fund management create a situation where the rational, profit maximization strategy is to take risks that the trader would find unreasonable with their own money."nodoodahshttps://www.blogger.com/profile/05324705536306995431noreply@blogger.com