Philosophy of Everything

 Let's start by observing that, when someone does something that is easy or inexpensive for him, that creates a benefit way bigger to someone else, the overall welfare in the World increases.  We would like that most people would apply the above: do a little kind act when the benefit for the others is way greater than his effort. In theory, his reward from others that would do the same to him should be much higher than his loss in helping others. For example, if you realize other people would lose a lot of time without some information, you can do the extra step to inform them, even if this was not your duty. Your time investment is small, but even one individual that is helped saves way more time. When you manage to help many people, the welfare return of investment can be orders of magnitude higher. This idea is not new, some people are even practice it, but too few unfortunately. There are practical problems that prevented this practice to become more widely used. However,...

We have many anecdotal evidences that economical capitalism creates more welfare than economical communism. However, we lack a clear model to explain what is necessary for the capitalism to work and what is only contingent - not contributing or even affecting the welfare creation. Without such model, we are left debating with ideological arguments like "private property is a natural right" or the anecdotal argument that "communism never worked well enough". The opposing side would naturally reply with some other anecdotal evidence about the shortcomings of capitalism and the possibility that "communism failed because it was not correctly implemented". I will argue here that we can actually model the way private property positively impact the creation of overall welfare. On the other hand, we can also identify cases when private property can negatively impact the overall welfare. I use "common welfare" in the common, intuitive sense: th...

We often hear the expression "this creates jobs". But job creation cannot be good in itself. The state could create well payed jobs for everyone for doing nothing. Even with jobs, if nobody produces food, then people would starve. What is important is welfare creation - goods and services, that is often accompanied by occupied people that have jobs. Such welfare creation should equate to a better life for the ones who consume that created welfare. There are many nuances here. In these days, only a fraction of jobs is actually involved in creating goods and services that directly affect the quality of life. There is a high portion of jobs that are involved in organizing the welfare creation and redistribution. This includes management, state administration, banks, lawyers, police and more. Without a system to control the fair exchange of goods through money, people would tend to break contracts and steal from the welfare created by others. While such "administrative...

Welfare Welfare = produced  goods + redistribution curve At the basic level, welfare in society is just a matter of produced good (including services) and the redistribution curve. Money is not welfare in itself, as you cannot eat money. However, money is the system that controls the production and redistribution of goods. People with more money are entitled to consume more goods in this moment. But they can also chose to delay the consumption and have no impact in their welfare for the moment, then consume goods at a later time. Or money can lose value and can be never exchanged for the expected value. Money is motivation to produce goods Money also controls the motivation in the production of goods - like in working for salary or creating a company to get rich. Money permits to save the value of the goods that you produce now and later consume goods produces later - like when you retire. Money is used to redistribute goods to people that cannot produce goods (like unem...