going galt

Going Galt (humor)

Cute parody post from Sadly, No!, a “liberal/progressive humor site”:

I’ve had enough. Dr. Helen is right. The Chrysler debacle was the straw that broke the camel’s back. Unless it was the Dijon mustard. Whatever. I’m not going to play along anymore. I will no longer be blogging just to enrich Google or BlogAds or somebody else who just siphons our money and redirects it towards a usurper who wants to destroy capitalism. Blogging is not a suicide pact.

I quit.

Gulching

I’m reading Atlas Shrugged for the first time, and I’ve been thinking about the economic tradeoffs involved in a movement like Galt’s Gulch or seasteading, where you take an initial charge in order to achieve higher long-term growth rates due to more efficient government.

I decided to model the costs of Gulching as an initial cost to wealth, and the gains as a higher exponential growth rate. To make the graphs easier (by making it wealth-invariant, and thus not having that extra variable), I modeled the initial cost as simply being a fraction of wealth.