Month: November 2014

DAN ARIELY ~ PREDICTABLY IRRATIONAL ~ 2008

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~ EIR-EWISB ~ Everything Is Relative – Even When It Shouldn’t Be

~ TPOP-AEE-IUITA ~ The Price Of Pearls – And Everything Else – Is Up In The Air

~ WOPTMWWPN ~ We Often Pay Too Much When We Pay Nothing

~ WAHTDT-BNWWAPTDT ~ We Are Happy To Do Things – But Not When We Are Paid To Do Them

~ HIMHTWR ~ Hot Is Much Hotter Than We Realize

~ WCMODOWWWTO ~ We Cant Make Ourselves Do What We Want To Do

~ WOWWH ~ We Overvalue What We Have

~ ODUFOMO ~ Options Distract Us From Our Main Objective

~ TMGWIE ~ The Mind Gets What It Expects

~ DWCMUMH ~ Dealing With Cash Makes Us More Honest

~ WATFL ~ Where Are The Free Lunches?

CLAY SHIRKY ~ HERE COMES EVERYBODY ~ 2008

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~ TCO-GE-THL-MTATCTWGF-WH-PR-FE-FCAGTMAR ~ The Centrality Of – Group Effort – To Human Life – Means That Anything That Changes The Way Groups Function – Will Have – Profound Ramifications – For Everything From Commerce And Government To Media And Religion

~ WALITMOARIIOA-TS-TCWOA-A-TTCA-AOTFOTIAO ~ We Are Living In The Middle Of A Remarkable Increase In Our Ability – To Share – To Cooperate With One Another – And – To Take Collective Action – All Outside The Framework Of Traditional Institutions And Organizations

~ SAC ~ Sharing Anchors Community

~ F-S-T-C-T-CA ~ From – Sharing – To – Cooperation – To – Collective Action

~ EIAMO ~ Everyone Is A Media Outlet

~ MA ~ Mass Amateurization

~ P-TF ~ Publish – Then Filter

~ R&C ~ Revolution And Coevolution

~ PMMCP ~ Personal Motivation Meets Collaborative Production

~ BTIRC ~ Banal Tools In Remarkable Contexts

~ SSD ~ Solving Social Dilemmas

~ NTTCSC ~ New Tools To Create Social Capital

~ INHMPYK-IHMK ~ It’s Not How Many People You Know – It’s How Many Kinds

~ TGTP ~ The Global Talent Pool

~ CAI ~ Cooperation As Infrastructure

~ FFF ~ Failure For Free

~ TNOPWAWTSSIS-MS-TTNOPWAWTCOSESS ~ The Number Of People Who Are Willing To Start Something Is Smaller – Much Smaller – Than The Number Of People Who Are Willing To Contribute Once Someone Else Starts Something

~ OS-DRTLOF-IRTCOF;IEGFFF ~ Open Source – Doesn’t Reduce The Likelihood Of Failure – It Reduces The Cost Of Failure – It Essentially Gets Failure For Free

~ ACOSTMOOSV ~ Any New Claim On Someone’s Time Must Obviously Offer Some Value

~ NTANAB ~ New Tools Are Not Always Better

~ WWGTG?-E ~ Who Will Guard The Guardians? – Everyone

~ AGHSD ~ All Groups Have Social Dilemmas

~ A-EOAI-WAH-PWWITF ~ Any – Experiment Of Any Importance – Will Always Have – People Who Want It To Fail

CHRIS BROGAN + JULIEN SMITH ~ TRUST AGENTS ~ 2009

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~ TA ~ Trust Agents

~ MYOG ~ Make Your Own Game

~ T-TEWTDT-ATT-AGC-WTDT ~ There’s – The Established Way To Do Things – And Then There’s – A Game-Changing Way To Do Things

~ OOU ~ One Of Us

~ TAE ~ The Archimedes Effect – When You Use Your Unique Abilities To Enhance Them (using – Knowledge – People – Technology – Or – Time) – Then – What You Do Becomes Immensely Powerful – Leverage

~ AZ ~ Agent Zero

~ MBRAP-B-IAHTTD ~ Make Building Relationships A Priority – Because – Its A Human Thing To Do

~ HA ~ Human Artist

~ SS ~ Soft Skills

~ NMHGYTYA-YCDIAA ~ No Matter How Great You Think You Are – You Can’t Do It All Alone

~ WYCGALGTC-YC-AMT-TMHBP-I ~ When You Can Get A Large Group To Collaborate – You Can – Achieve Monumental Tasks – That May Have Been Previously – Impossible

~ ‘G-J’-IWHWY-FABWTDT-WEEITBTN ~ “GateJumping” – It’s What Happens When You – Find A Better Way To Do Things – While Everyone Else Is Too Busy To Notice

~ YWBHG ~ You Win By Having Goals

~ GHBF ~ Games Have Better Feedback

~ STSTAEE-D! ~ Selling The Same Thing As Everyone Else – Differently!

TSSAF-ATLAF-ATCAF-SWCOI-IWSBCTFAJAIAV ~ Try Something Small And Finite – And Then Larger And Finite – And Then Complex And Finite – See What Comes Of It – It Will Soon Become Clear That Failures Are Just As Important As Victories

~ ETLUFOWTROTGRA ~ Experimentation That Lets Us Figure Out What The Rules Of The Game Really Are

~ TIOT ~ The Importance Of Tinkering

~ UTFIAIPOTG ~ Understand That Failure Is An Inevitable Part Of The Game – But That The Chance Of Success Is Much Greater The More Often You Roll The Dice

~ MYOGCJAWBP-MG ~ Make Your Own Game Could Just As Well Be Plural – Make Games – Eventually You’ll Succeed

~ TIOBH ~ The Importance Of Being Human

~ SBO-AABPO-BAGC ~ Social Benefit Occurs – As A By-Product Of – Being A Good Citizen

~ EOKOTISCTTBOEO ~ Exchanges Of Kindness Or Transactions Involving Social Capital Tend To Build On Each Other

~ H-S-A-TRO-‘F’ ~ Half-Strangers – And – The Rise Of – “Friends”

~ ASOB ~ A Sense Of Belonging

~ FAG ~ Friends As Gatekeepers

~ TPOTTFA ~ The Power Of Taking The First Action

~ RUTN-IO-SUTTITD ~ Raise Up The Newcomers – Instead Of – Sucking Up To The Industry’s Top Dogs

~ FTD ~ Find The Diamonds

~ TCOC ~ The Currency Of Comments

~ BOOUMITAEIO ~ Being One Of Us Means Investing Time And Effort In Others

~ YMEYPIC ~ You Must Earn Your Place In Communities

~ LCF ~ Listening Comes First

~ LANI ~ Lead A New Initiative

~ BITRCIAGWT-BB-GIK-A-GAEIYN ~ Being Inside The Right Community Is A Great Way To – Build Business – Glean Insider Knowledge – And – Get An Edge In Your Niche

~ AE-UTAYHIOPTHYIA ~ Archimedes Effect – Use The Advantage You Have In One Place To Help You In Another

~ OYLHTBLT-YFYUTDTWTMI ~ Once You Learn How To Better Leverage Time – You Free Yourself Up To Do The Work That’s Most Important

~ I-J-CGW ~ Instead – Just – Create Goodwill

~ DESTYA-I-BTG ~ Don’t Ever Sell To Your Audience – Instead – Be Their Gatekeeper

~ STTFRFYB ~ Stop Trying To Find Readers For Your Blog

~ SC ~ Start Crowdsourcing

~ IYCD-YM ~ If You Can Delegate – You Must

~ AZ ~ Agent Zero

~ INWYK-IWKY ~ It’s Not Who You Know – It’s Who Knows You

~ TABNARBBH ~ Trust Agents Build Networks Almost Reflexively By Being Helpful

~ ND2.0 ~ Name-Dropping 2.0

~ SQB ~ Status Quo Bias

~ BSTCYFV ~ Be Sure To Celebrate Your Friends’ Victories

~ Y-LOD-B-YD-SASAASWTRIIAGS ~ You – Live Or Die – By – Your Database – Something As Simple As A Spreadsheet With The Right Information Is A Great Start

~ LAC ~ Links As Currency

~ TITTKIT-L-I-R ~ The Important Thing To Know Is That – Links – Infer – Relationships

~ YKSR-LHTIOYAT ~ Your Key Skill Requirement – Learning How To Interact On Your Audience’s Terms

~ TGR-PNT-TW ~ The Golden Rule – Ports Nicely To – The Web

~ WHWME?-RYH! ~ Who Here Wants More Email? – Raise Your Hands!

~ A-T-I-T ~ About – Trolls – Ignore – Them

~ BH ~ Be Helpful

DUNCAN WATTS ~ SIX DEGREES

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~ RMANOAAHDACCTASO-SYOTIETARIOTTTS ~ Rationality Makes A Number Of Assumptions About Human Dispositions And Cognitive Capabilities That Are So Outrageous – Several Years Of Training In Economic Theory Are Required In Order To Take Them Seriously

~ MHNBFTM ~ Mania Has No Better Friend Than Money

~ ED ~ Extraordinary Delusions

NASSIM NICHOLAS TALEB ~ THE BED OF PROCRUSTES ~ 2010

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~ YNWAAUTAYP ~ You Never Win An Argument Until They Attack Your Person

~ IOTML ~ I Only Trust My Library

~ TBCCON-SAYRTPWN ~ To Be Completely Cured Of Newspapers – Spend A Year Reading The Previous Week’s Newspapers

~ TOOSIF-II-ND ~ The Opposite Of Success Isn’t Failure – It Is – Name-Dropping

~ YDBCFBJATBAS-YANTABAM ~ You Don’t Become Completely Free By Just Avoiding To Be A Slave – You Also Need To Avoid Becoming A Master

~ WFC-‘WT’-IO-TBI ~ What Fools Call – “Wasting Time” – Is Often – The Best Investment

~ YWTABDWBEOA ~ You Want To Avoid Being Disliked Without Being Envied Or Admired

~ TFWTBRITSWTP-TFWTBPITSWTR ~ The Fastest Way To Become Rich Is To Socialize With The Poor – The Fastest Way To Become Poor Is To Socialize With The Rich

~ YARIAOIMYRTBTMYA ~ You Are Rich If And Only If Money You Refuse Tastes Better Than Money You Accept

~ TWIAUPFSHFA ~ The Web Is An Unhealthy Place For Someone Hungry For Attention

~ DCTLAWDY-YMGITYLIE ~ Don’t Complain Too Loud About Wrongs Done You – You May Give Ideas To Your Less Imaginative Enemies

~ OTLT-YAMLTFYTO ~ Over The Long Term – You Are More Likely To Fool Yourself Than Others

~ PUASTCDIA ~ People Usually Apologize So They Can Do It Again

~ IITWUOWATMUWSUT ~ It Is Those Who Use Others Who Are The Most Upset When Someone Uses Them

~ WITAOROWAN ~ Writing Is The Art Of Repeating Oneself Without Anyone Noticing

~ YAAIIPTTDOCIYW ~ You Are Alive In Inverse Proportion To The Density Of Cliches In Your Writing

~ IMHTWABRFABYRTFABYHR ~ It’s Much Harder To Write A Book Review For A Book You’ve Read Than For A Book You Haven’t Read

~ M-ME-A-DP ~ Most – Modern Efficiencies – Are – Deferred Punishment

~ TIRDA ~ The Information-Rich Dark Ages

~ MIAWTBNWHA ~ Meditation Is A Way To Be Narcissistic Without Hurting Anyone

~ PGIWYHTI-EOFISS ~ Pure Generosity Is When You Help The Ingrate – Every Other Form Is Self-Serving

~ WCBTC-TN ~ When Conflicted Between Two Choices – Take Neither

~ RP ~ Rationalist-Proof

CHARLES MORRIS ~ THE TRILLION DOLLAR MELTDOWN ~ 2008

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~ AAASFATETVOSI ~ Academics Are Always Suckers For Arguments That Extol The Virtues Of Superior Intelligence

~ IARLI-NIGTWUTBT ~ Intellectuals Are Reliable Lagging Indicators – Near-Infallible Guides To What Used To Be True

~ IRM-TSOMDAOSAEO ~ In Raw Markets – The Scent Of Money Deadens All Other Sensory And Ethical Organs

~ TCOTISIA ~ The Complexity Of The Instruments Spiralled Into Absurdity

~ AAGR-OTVSPCMTCM ~ As A General Rule – Only The Very Smartest People Can Make Truly Catastrophic Mistakes

~ TIDOIDBMC ~ The Increased Dominance Of Investment Decisions By Mathematical Constructs

~ TITURWWUAUC ~ The Illusion That The Underlying Risks Were Well Understood And Under Control

~ TGGORT ~ The Great Game Of Risk Transfer

~ VBVCVOSBOERFAARFC ~ Very Big – Very Complex – Very Opaque – Structures – Built On – Extremely Rickety Foundations – Are A Recipe For Collapse

~ TGU ~ The Great Unwinding

~ HWRAPSITCC? ~ Have We Reached A Ponzi Stage In The Credit Cycle?

~ SMTTFSATMECF ~ Shovelling Money To The Financial Sector And The Monied Elite Comes First

~ GS-IS-IPON-DOWISO ~ Government Spending – In Short – Is Productive Or Not – Depending On What It’s Spent On

JOSEPH HEATH ~ THE EFFICIENT SOCIETY ~ 2001

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~ PWCITPOMFTIHD ~ People Who Could Improve The Performance Of Machines Found Themselves In High Demand

~ TEOHR-UCOFAE-TTGM-NL-DATUAOL ~ The Exercise Of Human Reason – Under Conditions Of Freedom And Equality – Tends To Generate More – Not Less – Disagreement About The Ultimate Aims Of Life

~ WIAITMEMP-IDNNPACOTIE ~ When Individuals Act In The Most Efficient Manner Possible – It Does Not Necessarily Produce A Collective Outcome That Is Efficient

~ THDPAAWODWO ~ Trade Has Developed Primarily As A Way Of Dealing With Outsiders

~ CMWW-TIARS-WLU-CHATTGOOH ~ Competition May Work Well – But It Always Requires Supervision – When Left Unattended – Competitions Have A Tendency To Get Out Of Hand

~ WKACHINTGIOTC-BTSORTCTC ~ What Keeps A Competition Healthy Is Not The Good Intentions Of The Competitors – But The Set Of Rules That Constrain The Competition

~ ISR-IDTIAMTMOTUDOC ~ Industry Self-Regulation – It’s Difficult To Imagine A More Total Misunderstanding Of The Underlying Dynamic Of Capitalism

~ MANM-A-TWNSAOP-TWPOUVSIC ~ Markets Are Not Magical – And – They Will Not Solve All Our Problems – They Work Properly Only Under Very Specific Institutional Conditions

~ ‘BOTIH’ ~ “Backside Of The Invisible Hand”

~ MFITB-IITFC ~ Market Failure Is The Baseline – It Is The Fundamental Condition

~ TGWOTMSSFTVLROGTTSOPRAT ~ The Greatest Weakness Of The Market System Stems From The Very Limited Range Of Goods That The System Of Property Rights Applies To

~ MESUGWPE-ASBS ~ Market Economies Systematically Underproduce Goods With Positive Externalities – And So Beauty Suffers

~ TINAPRTTTPSBWBMETPSB ~ There Is No A Priori Reason To Think That Private-Sector Bureaucracies Will Be More Efficient Than Public-Sector Bureaucracies

~ C-DBTFSOTC-AAASOMF ~ Corporations – Despite Being The Foremost Symbol Of Triumphant Capitalism – Are Actually A Symptom Of Market Failure

~ BTASVTM-TVMOIPASTTMF ~ Because They Are So Vulnerable To Manipulation – The Vast Majority Of Insurance Products Are Subject To Total Market Failure

~ IMIGIATDGASMETTPS ~ In Many Instances Government Is Able To Deliver Goods And Services More Efficiently Than The Private Sector

~ MPASTTSOO-MOUWRNLIASTATDOUTSOFTD ~ Most People Are Sensitive To The Suffering Of Others – Most Of Us Would Rather Not Live In A Society That Allows The Disadvantaged Or Unfortunate To Starve Or Freeze To Death

~ TSOOEWMAATTOOATTCAOW ~ The Saturation Of Our Environment With Media And Advertising Threatens To Overwhelm Our Ability To Think Critically About Our World

~ TPWSIITIGACOPWSTBFTPOSB ~ The Problem With Social Inequality Is That It Generates A Class Of People Who Stand To Benefit From The Production Of Social Bads

~ OFBTARIOASTTRIAGIAILTITOEOTE ~ Opposition From Business To A Regulation Is Often A Sign That The Regulation Is A Good Idea And Is Likely To Improve The Overall Efficiency Of The Economy

~ NWITOAMOWTDW ~ Not Working Is The Oldest And Most Ostentatious Way To Display Wealth

~ PIIUU ~ Patenting Ideas Is Ultimately Unworkable

~ TINESFTROL ~ There Is No Effective Substitute For The Rule Of Law

~ TWSEFAFTPE ~ The Welfare State Exists First And Foremost To Promote Efficiency