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Claims of Danger : NOT Enforcing Strict Liability On Corporations Always Reduces Society's Wealth
Why NOT Enforcing Strict Liability On Corporations, Politicians and Ourselves Always Reduces Time Alive & Total of Profitable Exchanges!

by Dan Alter n1cl-1


Preface


After a question posed by Ronald Coase in "The Problem of Social Cost" Journal of Law & Economics, October 1960, it became politically acceptable to relax Strict Liability for corporations, and by extension anyone else who could bribe politicians to relax Liability for them. It was a "theoretical" question, "Could society relax Strict Liability for the damage you do others, i.e. No Liability, and not reduce the Quantity of Goods & Services Exchanged(Q G&S XCed)?

Surprisingly, using the standard measure economists use to total the Q 0f G&S XCed, Coase found no difference as long as you made someone pay for the damage. i.e. The person damaged paid the damager not to hurt them again = the legal definition of extortion = crime does not have a cost to society. It was a controversial result.

This result was loved by corporations and politicians, they could change the rules any which way they wanted to. I read Coase's Theorem in December 1975. It took me eight years to prove how he had committed a fundamental analytical error. He had unconsciously used the Fallacy of Non Attribution = Instead of using a real good in his model as his measure, he assigned an imaginary money price to the goods exchanged in his examples.

Walras Law which economists use to total the Quantity of Goods & Services Exchanged demands one of the real goods in the chain of exchange be used as your money for totaling quantity.

What Coase had actually enabled me to prove was that No Liability always reduces the Q 0f G&S XCed, the Quantity of Time Alive. Coase received the 1991 Nobel in economics for Coases's Theorem.



Coase's basic analytical error is obvious once pointed out. It is called the fallacy of Non-Attribution. He did not use one of the goods in his chain of exchange described in his theoretical model as his basis of comparison = his money. In order to tie economic analysis to objective(we can all verify it with our senses)reality, economists use Walras Law, it is the fundamental mathematical theory used by economists to sum up the Quantity of Goods & Services Exchanged(Q 0f G&S XCed). It explicitly requires that a real good in the chain of exchanges being described, be used as a common denominator measure = numeraire = money. All real scientists require that our measures be objective for all of our predictions, not imaginary. Coase assigned imaginary money prices to the cattle and wheat used in his example.







Posted by dan1 Wednesday, June 29, 2005 (15:00:00)
Read More... (11.11 KiB) | 4 comments | Printer Friendly Page  Send to a Friend | Claims of Danger | Score: 4.57


Einstein's Missed Implication: His TEST Shows Relativity's Reference Frame To Us
2-10-17 This article explains the background leading to my conclusions which is necessary but long, so here is the summary version. Once you read this short version of his TEST, what follows will be much clearer.

Train car with two lights, one at each end with a detecting screen in the exact middle goes down the track past an observer on the embankment. When the detecting screen is exactly opposite the observer the two lights flash simultaneously.

1. Since speed of c is independent of speed of emitting object, the light flashes from each end of moving car arrive at observer simultaneously;

2. but at the 'detecting screen' the light from rear of car takes a little longer to hit rear side of the screen as the car has moved a bit in the time c takes to reach the screen;

3. conversely, the light flash from front of car arrives sooner at front of the detecting screen as the car has moved a bit towards the front flash in the time c takes to arrive at the screen;

4. ergo, the time difference between the arrival times of the simultaneous flashes on the front and back of the screen can be used to deduce how fast the car is moving down the track with respect to c, the speed of light.

Notice, this is completely independent of the observer on the bank.
Ergo, a self-contained measuring device can be constructed for
an object like a satellite or spaceship or whatever that measures its speed as a percentage of c and its vector in real time


12-16-12 I added "To Us" to the title to reinforce that it is from where we sit that we create a picture of how the universe works. A scientific theory begins and ends with its creators = Us. I have not done any other changes below except for minor editing. There are philosophical and epistemological implications that are better served with a separate article.

11-3-09 It is from Einstein's second postulate that relativity is derived; i.e. it is well confirmed by observation that 'c', the speed of light, is a constant with respect to all observers. Ergo, this 'constant' gives a base reference frame to measure our location and speed with respect to anywhere else in our universe. All we need to know is how to measure our speed with respect to 'c'.

At the bottom of this article I show why Einstein's conclusion from his lovely thought TEST was mistaken and that this implies how we can measure our local speed with respect to 'c' the speed of light.


Posted by admin Monday, November 20, 2006 (07:52:28)
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07-27-11 last add: Equation log: derive base equation describing moebius strip

Some self-imposed rules: This is ad hoc, by the seat of my pants. Date at front of Title is date of last change made. 1. I will add a dated entry, leave it here on top, edit it for awhile, and then put an ending date on it. After that, any changes will be dated except for spelling or punctuation errors. 01-07-2007

These entries outline the path to describing a Moebius mathematically. Once the surface area eq was found, the next relationship is determining the width between the two sides of a M surface as some ratio involving distance between sides and circumference using h-bar.



Posted by dan1 Tuesday, November 22, 2005 (03:44:52)
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Disconnect Links [x]
Proof E-Ts do secret business with USA govt.
Eyewitness evidence USA Govt. did face to face E-T contacts. The Sirius Disclosure Project has over 800 USA govt witnesses who swore publicly before Congress they dealt face to face with E-Ts.

This climate url shows why much of our scientific establishment is corrupt.

Why rising CO2 levels Can NOT cause global warming.

Cimate Fraud Whistleblower Rewards Program



These links deal directly with How to Prevent our Sun from exploding.

How do we prevent our Sun from exploding July 16, 2024

How to find the two conjunction asteroids shown in the "Missing Earth" crop circle.


This math is required.
How to use a circle to relate 'e' to Phi.


Confirming objective reports.
National UFO Reporting Center

Crop Circle Connector


2-4-2017 Needed A-M debt Disconnection Tools, Measurements & Must Do's

HOW can we get these tests DONE?

Contact Congress

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Last 10 Forum Messages

20-11-21 It Is Immoral NOT To Admit When You Are Wrong
Last post by Dan in Survival Only By Bringing Corrupt Leaders To Justice on Nov 21, 2020 am30 11:32:18

The Costs Of Biden Voters Denying Proofs Of Ballot Stuffing
Last post by Dan in Survival Only By Bringing Corrupt Leaders To Justice on Nov 09, 2020 am30 01:55:05

Fixing What Is Wrong With Present Scientific Theory Making
Last post by Dan in On making scientific discoveries that advance basic theory. on Oct 02, 2020 am31 05:56:52

Counting Scientific Coup, 6 plus New Named Scientific Laws.
Last post by Dan in On making scientific discoveries that advance basic theory. on Oct 01, 2020 pm31 21:19:11

Why One Place Needed To Resolve Our Public Disagreements
Last post by Dan in Political Economics on Sep 20, 2020 am30 09:05:37

Be Paid To Use N1CL Ad, Advertiser only Pay For Ad Upon Sale
Last post by Dan in How Get Paid To Use N1CL Advertisers Who Only Pay For Ad After Sales on Sep 18, 2020 am30 05:32:46

2020-10-30 Why A GUT Requires Defining Counting With Zeros
Last post by Dan in n1cl-1 Dan Alter's forum on Sep 02, 2020 am30 11:58:50

Fine Constant Observatiom Confirms Our Universe Is A Moebius
Last post by Dan in On making scientific discoveries that advance basic theory. on May 03, 2020 am31 04:36:13

Why We Face A Catastrophic Financial Collapse.
Last post by Dan in Political Economics on Apr 26, 2020 am30 03:17:29

Our political choice "Will we demand honest public reports?"
Last post by Dan in n1cl-1 Dan Alter's forum on Mar 18, 2020 am31 07:57:41


Message Tree [x]
Dan: In Matthew 12:25 Jesus says: “Every kingdom divided against itself will be ruined, and every city or household divided against itself will not stand."
13-Nov-2020 07:25:28
Dan: "We can ignore reality, but we can not ignore the consequences of ignoring reality." MilwaukeeMark ZeroHedge
10-Nov-2020 09:30:35
Dan: 'Do you realize that a "No sex until you pass 4 semesters of Calculus Rule" would ensure civilization on this planet for the next million years, and colonization of nearby planets!" by Pete4Hegemon WND James Dobson Sex Ed article pushing teaching sexual abstinence in schools 2020-09-19. Brilliant, true, and very funny.
20-Sep-2020 05:18:43
Dan: 'Its(journalisms) core purpose, the only thing that really makes it matter or have worth, is reporting what is true, or at least what evidence reveals." Glenn Greenwald via The Inercept
06-Sep-2020 00:22:48
Dan: "Power concedes nothing without a demand. It never did and it never will. Find out just what a people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue till they are resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they oppress. Men may not get all they pay for in this world; but they must pay for all they get." - Frederick Douglass
22-Aug-2020 08:34:44
Dan: "I won't be wronged. I won't be insulted. I won't be laid a hand on. I don't do these things to other people, and I require the same from them." -John Bernard Books- The Shootist
15-Aug-2020 21:07:45
Dan: A political observation: All voters lives matter regardless of their skin color.
07-Aug-2020 17:03:38
Dan: "If you can't question it. It is not science." comment by New Darwin The Sordid History Of Science, Zero Hedge July 19, 2020
20-Jul-2020 01:26:41
Dan: "the key component to civilization is civility and I don’t see much of that anymore." George Critch July 17 2020 Caitlan Johnstone .com comment.
18-Jul-2020 07:17:00
Dan: Clearly "Black Lives Matter" isn't true for these phony marxist protesters when someone can accurately say this: "BLM (Burn/Loot/Murder) is into full bear-poking mode. Rule #2 is "DON'T POKE THAT EFFING BEAR!!!!" Zero Hedge 15-07-2020 NYT Chief Threat To Democracy; Eric Weinstein......
15-Jul-2020 08:35:45
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