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NeoNote — Tit for tat

The only reason to follow the rules is if the other does too. If they don't follow the rules, you aren't bound to the rules.

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Catallaxy

Recent centuries have given us a new paradigm of how cooperation creates civilization-a paradigm other than control from on high. Civilization rises from the grassroots. It arises through the uncoordinated and voluntary association of individuals and groups. It comes from catallaxy, which is sometimes called “catallactics.” The concept was a long-sought-after intellectual breakthrough that allowed free-market advocates to explain the evolution of society without a central authority.
     — Wendy McElroy, Crypto and the Impossibility of Knowledge in Planning

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Civilization

Civilization is an enormous improvement on the lack thereof.
     — P. J. O’Rourke

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“Scrooge McDuck and Money”

Animated classic from 1967 shows the evolution and role of money in society. Money is only useful if it circulates.

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We finally hear Moore

You should read it all, it’s very good.

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