11-20-2024, 01:38 PM | #11 | |
Join Date: May 2007
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Re: Setting Jam: Hyperbolic Trajectory
Quote:
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I predicted GURPS:Dungeon Fantasy several hours before it came out and all I got was this lousy sig. |
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11-20-2024, 02:34 PM | #12 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Setting Jam: Hyperbolic Trajectory
Birth control isn't why modern economies are below replacement rate, the problem is that children have a very poor return on investment in a modern economy. For most of human history children went from a resource drain to an asset in around ten years, in a modern economy it's more like thirty years to reach neutral and possibly never for being a net asset.
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11-20-2024, 02:56 PM | #13 |
Join Date: Jun 2005
Location: Lawrence, KS
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Re: Setting Jam: Hyperbolic Trajectory
Delayed marriage, and chastity till marriage. Condoms, yes, but also diaphragms, sponges, and cervical caps, and also sexual activities that don't impregnate. There's also Fischer's historical generalization that periods when the purchasing power of currency is relatively stable have low illegitimacy rate; perhaps they know how to avoid currency depreciation, whether through strict banking regulation or simply letting banks that issue too many notes suffer from runs.
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Bill Stoddard I don't think we're in Oz any more. |
11-20-2024, 04:30 PM | #14 | |
Join Date: May 2007
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Re: Setting Jam: Hyperbolic Trajectory
Quote:
__________________
I predicted GURPS:Dungeon Fantasy several hours before it came out and all I got was this lousy sig. |
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11-20-2024, 04:34 PM | #15 |
Join Date: Jun 2005
Location: Lawrence, KS
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Re: Setting Jam: Hyperbolic Trajectory
The purchasing power of money decreases when there is more money pursuing the same quantity of goods and services. If you have strict regulation of the issue of money, you might avoid that; if banks that issue too many banknotes ("paper money") face runs and go bankrupt, natural selection favors the cautious banks and the cautious bank customers, which may also work to stabilize the purchasing power of banknotes. If Fischer is accurate about stable purchasing power going with minimal illegitimacy, this may be relevant.
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Bill Stoddard I don't think we're in Oz any more. |
11-20-2024, 04:39 PM | #16 | |
Join Date: May 2007
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Re: Setting Jam: Hyperbolic Trajectory
Quote:
__________________
I predicted GURPS:Dungeon Fantasy several hours before it came out and all I got was this lousy sig. |
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11-20-2024, 05:04 PM | #17 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Setting Jam: Hyperbolic Trajectory
This is almost certainly just "social stability is associated with low illegitimacy, and economic problems are one cause of social instability".
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11-20-2024, 05:29 PM | #18 | |
Join Date: Jun 2005
Location: Lawrence, KS
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Re: Setting Jam: Hyperbolic Trajectory
Quote:
But is it clear that a stable purchasing power of money is a problem-free state? It sometimes seems as if governments now all aim at a steady ongoing rate of inflation as a policy goal. Milton Friedman even advocated it, I believe.
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Bill Stoddard I don't think we're in Oz any more. |
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11-20-2024, 05:35 PM | #19 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Setting Jam: Hyperbolic Trajectory
A low but positive rate of inflation appears to be optimal, but Fischer was probably not talking about zero inflation, as that's historically almost nonexistent (and thus not practical to study), but rather the difference between low and high inflation.
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11-20-2024, 08:46 PM | #20 |
Join Date: Feb 2011
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Re: Setting Jam: Hyperbolic Trajectory
Slings. While space elevators turned out to be impractical, high-tensile materials enabled orbital tethers hundreds of kilometers long to dive deep into the atmosphere. High-speed aircraft can then rendezvous with the relatively slow and accessible tether tip, before being swung up into orbit. Meanwhile, electrodynamic thrusters re-boost the tethers to gain altitude.
There is a project to build an orbital ring, which allows space-elevator-like performance without the need for supermaterials, but it's been floundering for decades after early lunar prototypes proved successful. |
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