JOHN LANCHESTER ~ HOW TO SPEAK MONEY

~ TWIFOP ~ The World Is Full Of Priesthoods

~ SHNTDWMTMS ~ Securitization Has Nothing To Do With Making Things More Secure

~ TWJWFYTSTSTCTYWTD ~ They Were Just Waiting For You To Stop Talking So They Could Tell You What To Do

~ IN-IIMARPC-CTPTEWO ~ In Practice – It Is Mainly A Rich People’s Club – Committed To Preserving The Existing World Order

~ MJAWAMCCITCMOEC ~ Musicians, Journalists, And Writers Are Middle-Class Canaries In The Coal Mine Of Economic Change

~ IATIS ~ It’s About The Inequality, Stupid

~ TMIQI-WASSAIPFTCOIRCAIRMPES-IOTCOTFEE ~ The More Important Question Is – Whether A Society Should Arrange Itself Primarily For The Convenience Of Its Richest Citizens And Its Richest, Most Powerful Economic Sector – Irrespective Of The Consequences Of That For Everyone Else

~ ATTSAAC ~ And Then Things Suddenly And Abruptly Change

~ BI ~ Bail-In

~ BTN ~ Beggar Thy Neighbor

~ BVN ~ Bullshit Versus Nonsense

~ CREAM ~ Cash Rules Everything Around Me

~ CW ~ Currency Wars

~ ETL ~ Eating Their Lunch

~ E&P ~ Extend And Pretend

~ FU ~ Falling Upwards

~ FFM ~ Fat-Finger Mistakes

~ COLEWI ~ Cost Of Living Extremely Well Index

~ GFC ~ Global Financial Crisis

~ GFT ~ Greater Fool Theory

~ HFT ~ High-Frequency Trading

~ HNWI ~ High Net Worth Individual

~ HO ~ Hollowing Out

~ HM ~ Hot Money

~ IMF ~ International Monetary Fund

~ LC ~ Laffer Curve

~ LI ~ Leading Indicators

~ LOLR ~ Lender Of Last Resort

~ MI ~ Misery Index

~ M&M ~ Monopoly And Monopsony

~ MH ~ Moral Hazard

~ OECD ~ Organization For Economic Cooperation And Development

~ OTC ~ Over The Counter

~ PLOG ~ Persistent Large Output Gap

~ P2P ~ Peer To Peer

~ PF ~ Paradis Fiscal

~ PPI ~ Payment Protection Insurance

~ PC ~ Producer Capture

~ QE ~ Quantitative Easing

~ RC ~ Resource Curse

~ SB ~ Shadow Banks

~ SV ~ Shareholder Value

~ SME ~ Small And Medium Enterprises

~ SFTR ~ Socialism For The Rich

~ SCAD ~ Stars, Cows, And Dogs

~ TOSC ~ Tyranny Of Sunk Costs

~ VC ~ Venture Capital

~ VOSL ~ Value Of A Statistical Life

~ WATCY? ~ Where Are The Customers’ Yachts?

~ ZIRP ~ Zero-Interest-Rate Policy

~ ZB ~ Zombie Bank

EVGENY MOROZOV ~ TO SAVE EVERYTHING CLICK HERE

~ TFOTS ~ The Folly Of Technological Solutionism

~ TSSNIHTGTCTSTCFA ~ The System Still Needs Imperfect Humans To Generate The Clicks To Suck The Cash From Advertisers

~ SIIGE-SIMBTP ~ Sometimes Imperfect Is Good Enough – Sometimes, It’s Much Better Than Prefect

~ ACBC-B-SCC ~ Ambivalence Can Be Counterproductive – But – So Can Certitude

~ S ~ Solutionism

~ DOAAADADTD ~ Dreamlands Of Abstraction Are A Dime A Dozen These Days

~ IC-TFCTWALTURT-IWTPTNLH-EIUPC-A-TNT‘FT’RAHAE ~ Internet Centrism – The Firm Conviction That We Are Living Through Unique, Revolutionary Times – In Which The Previous Truths No Longer Hold – Everything Is Undergoing Profound Change – And – The Need To “Fix Things” Runs As High As Ever

~ TD-‘TI’-CMSAA ~ These Days – “The Internet” – Can Mean Just About Anything

~ IODTMOITACAPAR-WHABSTCTL-‘TI’– WTTBASAEDA ~ Instead Of Debating The Merits Of Individual Technologies And Crafting Appropriate Policies And Regulations – We Have All But Surrendered To Catchall Terms Like – “The Internet” – Which Try To Bypass Any Serious And Empirical Debate Altogether

~ HDWRAPW‘TI’IPTDATLAFANATOG? ~ How Did We Reach A Point Where “The Internet” Is Presumed To Develop According To Laws As Firm And Natural As Those Of Gravity?

~ IDHATTPOWAIOI ~ Ideologies Do Have A Tendency To Present Other Worldviews As Irrelevant Or Impossible

~ H&C ~ Hype And Consequences

~ AIDIAPTAWRD ~ An Inefficient Democracy Is Always Preferable To A Well-Run Dictatorship

~ WSTDOSVIVDUFCABVTAM? ~ Why Should The Defense Of Some Vague Internet Values Distract Us From Caring About Balancing Values That Actually Matter?

~ TPOIR ~ The Perils Of Information Reductionism

~ IOEATIPONTTPOAT-WMHLSOTDPNOTUTWTTAP ~ In Our Excitement About The Immense Potential Of New Technologies To Promote Openness And Transparency – We May Have Lost Sight Of The Deeply Political Nature Of The Uses To Which These Technologies Are Put

~ BDSAHTTWBUF‘G’POINLE ~ Building Data Sets And Hoping That They Will Be Used For “Good” Purposes Only Is No Longer Enough

~ WMNFOWTNAODTAUTDWFEWIWD ~ We Must Not Fixate On What This New Arsenal Of Digital Technologies Allows Us To Do Without First Enquiring What Is Worth Doing

~ IC-HTDPTRODARIAUOAPSBVOTAW-‘TI’ ~ Internet-Centrism – Has The Disturbing Power To Recast Old, Discarded, And Retrograde Ideas As Unique, Original, And Progressive Sheerly By Virtue Of Their Association With – “The Internet”

~ DITAS ~ Drowning In The Algorithmic Sea

~ TMIWMYF ~ The Meme Industry Will Make You Famous

~ ‘DWTG’-STG ~ “Down With The Gatekeepers” – Say The Gatekeepers

~ TROUC ~ The Rise Of Uncritical Critics

~ PIIAGPTPF ‘BD’–‘PP’ ~ Policing Is In A Good Position To Profit From “Big Data” – “Predicative Policing”

~ TPPPA:TPOAQRLOT ~ The Perennial Problem Of Algorithms: Their Presumed Objectivity And Quite Real Lack Of Transparency

~ SCP ~ Situational Crime Prevention

~ ASSTTBIAIIVBS ~ Advanced Security Systems Tend To Become Institutionalized And Integrated Into Vast Bureaucratic Systems

~ AITAORPIML ~ Abundance In The Absence Of Robust Political Institutions Means Little

~ TWNAND‘TI’ ~ Technology Wants Nothing And Neither Does “The Internet”

~ D-RD-OREATPLATTDIS ~ Datasexuals – Relentlessly Digital – Obsessively Record Everything About Their Personal Lives And Think That Data Is Sexy

~ AAQAQOAAS-A-SIABA-EWCIOAPADIFOSMAM ~ Attempts At Quantification Are Quite Often Attempts At Simplification – And – Simplification Is Anything But Apolitical – Especially When Competing Interpretations Of A Problem Are Discarded In Favor Of Something Measurable And Manageable

~ WFAMOW ~ When Facts Are Made Of Water

~ IMB-AMIP-LIR ~ It Might Be – As More Is Preserved – Less Is Remembered

~ TTITHCBFATHALRINGTGUVF ~ Trying To Improve The Human Condition By First Assuming That Humans Are Like Robots Is Not Going To Get Us Very Far

~ BEETDGOE ~ But Even Established Truths Do Get Overturned Eventually

~ OTRSDCSTIIL ~ Only Through Radical Self-Doubt Can Solutionism Transcend Its Inherent Limitations

~ MITVAIGOTOCALID ~ Most Internet Theorists Venerate An Imaginary God Of Their Own Creation And Live In Denial

~ TINTE-OEITRARPSWRW ~ Technology Is Not The Enemy – Our Enemy Is The Romantic And Revolutionary Problem Solver Who Resides Within

GUY CLAXTON ~ INTELLIGENCE IN THE FLESH

~ YMNYBMMTIT ~ Your Mind Needs Your Body Much More Than It Thinks

~ WNOBBWUTI ~ We Neglect Our Bodies Because We Underestimate Their Intelligence

~ MNDNNTTIBOTM-TITBADVAMASDIOH ~ Many Neuroscientists Do Not Now Think That Intelligence Belongs Only To Minds – The Idea That Bodies Are Dumb Vehicles And Minds Are Smart Drivers Is Old Hat

~ TPAOIWTARIF-IACB-AVM-TMS ~ The Predominant Association Of Intelligence With Thinking And Reasoning Isn’t Fact – It Is A Cultural Belief – A Virulent Meme – That Misdirects Us

~ WDNHB-WAB ~ We Do Not Have Bodies – We Are Bodies

~ T‘M’WITFWPC‘TEG’ ~ The ‘Mind’ Was Invented To Fill What Philosophers Call ‘The Explanatory Gap’

~ WTWDT-TWTAT-TWMD-AFWA-BINLTAA ~ We Think We See Things – Then We Think About Them – Then We Make Decisions – And Finally We Act – But It’s Not Like That At All

~ WAFBFA-NFTOU-TIARETFSSA ~ We Are Fundamentally Built For Action – Not For Thinking Or Understanding – Thinking Is A Recently Evolved Tool For Supporting Smart Action

~ BIS-NM-OTB-IAC-NAD ~ Brain Is Servant – Not Master – Of The Body – It’s A Chatroom – Not A Directorate

~ TASTEBCAWIGOIIOHD ~ Thoughts Are Stories The Embodied Brain Constructs About What Is Going On In Its Own Hidden Depths

~ CHIOP-WCMMTWLTT ~ Consciousness Has Its Own Priorities – We Confabulate Much More Than We Like To Think

~ ISOICTOFAOITTWU-WYPUAFT-YBLIIIIROYB-IBAMAPOYBATHI ~ Internal Streaming Of Information Continues Through Our Fingertips And Out Into The Tools We Use – When You Pick Up A Familiar Tool – Your Brain Literally Incorporates It Into Its Representation Of Your Body – It Becomes As Much A Part Of Your Body As The Hand Itself

~ YAABS ~ You Are A Biochemical Soup

~ YAACADS ~ You Are A Complex Adaptive Dynamic System

~ TIB ~ The Interwoven Brain

~ PIAF-AH-BIIAHTICBTF-IIPTTTOETAA-AIIW-IS ~ Perception Is A Fabrication – A Hallucination – But It Is A Hallucination That Is Constrained By The Facts – It Is Put To The Test Of Experience Time And Again – And If It Works – It Stays

~ M&L ~ Moots And Loops

~ CTCV-TINBBITBWFTRADP-TBISG-IILAMM-AMTCRACOBAPORAAD ~ Contrary To Cartesian View – There Is No Big Boss In The Brain Who Forces Through Resolutions And Dictates Policy – The Body Is Self-Governing – It Is Like A Medieval Moot – A Meeting That Can Reach A Conclusion Only By A Process Of Respectful And Attentive Debate

~ MOTWOTBDHRS-SNBBCIN ~ Much Of The Work Of The Body Does Have Routine Solutions – So No Brain-Based Conversation Is Needed

~ TBINJITBOTTBWTD-BAIFBAJAMATOWR ~ The Brain Is Not Just In The Business Of Telling The Body What To Do – Bodily Activity Is Influencing Brain Activity Just As Much As The Other Way Round

~ BABATTSIASRTIMNSTLAT‘I’IOANITO ~ Body And Brain Are Tied Together So Intricately And So Rapidly That It Makes No Sense To Locate All The “Intelligence” In One And None In The Other

~ SWIYB-IAOYB-A-WIYB?-IICOIFACOYB ~ So Where Is Your Brain? – It Is All Over Your Body – And – What Is Your Brain? – It Is Currents Of Information From All Corners Of Your Body

~ TATWWWWHGEWOHRTOH-BRAEALPWOTOEOT-NSE ~ There Are Times When We Wish We Had Gone With Our Head Rather Than Our Heart – But Reason And Emotion Are Lifelong Partners Who Occasionally Tread On Each Other’s Toes – Not Sworn Enemies

~ TGVNITOBEABI‘DS’OOWES-WFEWWPSABTACOETHACKOS-TFAIN-OTAIAOOWB ~ The General View Now Is That Our Basic Emotions Are Built-In ‘Default Settings’ Of Our Whole Embodied Systems – We Feel Emotional When We Perceive Something As Belonging To A Class Of Events That Has A Characteristic Kind Of Significance – That Fulfil An Important Need – Or Threaten An Important Aspect Of Our Well-Being

~ EAIRTETARTWWV-AWWVHIRFITPB ~ Emotions Are Intelligent Responses To Events That Are Relevant To What We Value – And What We Value Has Its Roots Firmly In The Physical Body

~ SAWBABPIWRNJTSET-BTSAPOTE ~ Survival And Well-Being Are Better Protected If We Respond Not Just To Significant Events Themselves – But To Signals And Portents Of Those Events

~ TCOE ~ The Complexification Of Emotion

~ TIADLBBSLATATECOFTAA-ITALOETKTPCPOATIA ~ There Is A Direct Link Between Blood Sugar Levels And The Ability To Exert Control Over Feelings, Thoughts And Actions – It Takes A Lot Of Energy To Keep The Prefrontal Cortex Pumping Out All That Inhibitory Activation

~ IYVYM-YWLDTFTSP ~ If You Vary Your Mood – You Will Learn Different Things From The Same Presentation

~ TEM ~ The Embodied Mind

~ WMSOTW-EWIIRA-BGRTAOIOIWI ~ We Make Sense Of The World – Even When It Is Rather Abstract – By Getting Ready To Act On It Or Interact With It

~ WCCTWWTFAB-JBCOPOOB ~ We Can Change The Way We Think, Feel And Behave – Just By Changing Our Posture Or Our Breathing

~ SPSTHMTDTMFTBMTO ~ Some People Seem To Have Managed To Disconnect Their Minds From Their Bodies More Than Others

~ AAFEOPPTITOTHYARFIOC-TPDSTHBMA ~ Adopting A Facial Expression Or Physical Posture That Is The Opposite To How You Are Really Feeling Improves Our Creativity – The Physical Dissonance Seems To Help Break Mental Assumptions

~ MOOBBIPPWWCA-AKOVCAITAGOIU ~ Much Of Our Body-Brain Intelligence Proceeds Perfectly Well Without Conscious Awareness – All Kinds Of Very Clever And Intricate Things Are Going On In Us

~ EE ~ Espaliered Experience

~ TABOTIEITPOU-IIAFOTWDBBS ~ The Actual Business Of Thinking Is Embedded In The Process Of Unfurling – It Is A Function Of The Whole Dynamic Body-Brain System

~ HOA ~ Habits Of Attention

~ TRSTWCRFOBATT-ATTTAIFWDRFTI-BTAOW ~ The Research Shows That We Confabulate Reasons For Our Behaviour All The Time – And Then Treat Them As If They Were Direct Readouts From The Interior – But They Are Often Wrong

~ TAB ~ The Augmented Body

~ DC ~ Distributed Cognition

~ SR ~ Social Resonance

~ MN-WWAAOION-OBAIASOCRWTAU-OTWMBROI ~ Mirror Neurons – Whether We Are Aware Of It Or Not – Our Bodies Are In A State Of Continual Resonance With Those Around Us – Or Those We May Be Remembering Or Imagining

~ ATT-WASARTTAUIWTOCMSDNN ~ All The Time – We Are Sensitive And Responsive To Those Around Us In Ways That Our Conscious Mind Simply Does Not Notice

~ TISAOSMIWRMTWNGA-BWADCFI ~ There Is Something About Our Skilful, Muscular Involvement With Real Material That Will Not Go Away – Because We Are Deeply Configured For It

~ AIIASAVC ~ Attention Is Itself A Skilled And Variegated Capability

~ BIAYAFIA-DBSIYTOTBAA ~ But If All You Aim For Is Automation – Don’t Be Surprised If You Turn Out To Be An Automaton

~ WCOPAMWD-ABLC-AAR ~ We Can Overthink Problems And Make Worse Decisions – And Be Less Creative – As A Result

~ EIEUFPOMFTEOA ~ Exercise Is Especially Useful For Protecting Our Minds From The Effects Of Ageing

~ AMSODHS-TBWTLTOITLTY ~ As Many Studies Of Deception Have Shown – The Best Way To Lie To Others Is To Lie To Yourself

~ OEASISIWIOB ~ Our Emotional And Social Intelligence Suffers If We Ignore Our Bodies

~ SLISI ~ Screen Life Is Sensorily Impoverished