CARNE ROSS ~ THE LEADERLESS REVOLUTION ~ 2011

~ ACIAPSC ~ Anyone Can Initiate A Profound Social Change

~ TVCIW-NA-FMOU-PIASS-WO-TD ~ The Vast Crowd Is Watching – Not Acting – For Most Of Us – Politics Is A Spectator Sport – We Observe – They Do

~ TDCBVATR ~ The Deepening Chasm Between Voters And Their Representatives

~ TPSIOMAMNBC-BBBBATW ~ The Political Space Is Occupied More And More Not By Citizens – But By Big Business And The Wealthy

~ WPUTF-AFP-TPTPP ~ Wealthy Philanthropists Use Their Foundations – And Financial Pull – To Promote Their Political Preferences

~ IGCPF-TSSAJAOOCA-WC? ~ If Government Cannot Provide For – The Stability, Safety And Just Arbitration Of Our Common Affairs – Who Can?

~ SOG-IOT-A-RMLT-I-A ~ Self-Organized Government – Is One Term – Another – Rather More Loaded Term – Is – Anarchism

~ TMAOVILLALAAAS ~ The Minimalist Act Of Voting Is Looking Less And Less Adequate As A Solution

~ SUFPDP-AATWSU-PATNT-S ~ Setting Up Fake Pro-Democracy Pages – Arresting All Those Who Showed Up – Power Adapts To New Technology – Swiftly

~ IOED-TW-OMLTFTOAW-ATATOD-‘TDM’ ~ Instead Of Encouraging Debate – The Web – Offers Multiple Locations To Find Those One Agrees With – And To Avoid Those One Doesn’t – “The Daily Me”

~ ‘DD’-MP ~ “Deliberative Democracy” – Meeting People

~ IPATTDSABSWICIA-ATOTDI ~ If People Are Told To Do Something Awful By Someone Who Is Clearly In Authority – All Too Often They Do It

~ WPFNAANRFTA-TCCHC ~ When People Feel No Agency And No Responsibility For Their Actions – They Can Commit Horrific Crimes

~ AIAIUFO-THO-‘G’-WAFOUOLGOPM ~ As In All Institutions Unscrutinized From Outside – The Hold Of – “Groupthink” – Was A Firm One Upon Our Little Group Of Policy Makers

~ TAIO-CIWTCOTA-RTMUT-

~ HCATGOPPKWIBFTCOM? ~ How Can A Tiny Group Of People Possibly Know What Is Best For Their Country Of Millions?

~ TMEOA-‘P’-CTEITSIBD-WIIN ~ The Mere Existence Of A – “Process” – Created The Erroneous Impression That Something Is Being Done – When It Is Not

~ TMDEOTSINTIDW-IITW-IWNIISTF-

~ CTCA-IACHAFGPTCTC-AITOTWW-TGP ~ Contrary To Common Assumptions – Individuals Acting Collectively Have A Far Greater Power To Control Their Circumstances – And Indeed Those Of The Whole World – Than Governments Pretend

~ TMATE ~ The Means Are The Ends

~ PCMRTW-WRIBTA-IFEOT-EWC-CRMWA-

~ LYC-AIDOWYCMA-DNLOTYWTCA-MUYOM ~ Locate Your Convictions – An Individual Discovery Of What You Care Most About – Do Not Let Others Tell You What To Care About – Make Up Your Own Mind

~ AAITMATE-IAH-AIAN ~ Act As If The Means Are The End – It’s All Here – And It’s All Now

~ GCTTNOO-BUWTSATN-NWWTTNA-APWTW ~ Give Consideration To The Needs Of Others – Based Upon What They Say Are Their Needs – Not What We Think Their Needs Are – Ask People What They Want

~ ATSTM-H-YCMTMD ~ Address Those Suffering The Most – Here – You Can Make The Most Difference

~ C&N ~ Consult And Negotiate

~ ‘BP-SD’ ~ “Big Picture – Small Deeds”

~ UN ~ Use Nonviolence

~ DNBSWP-OWR ~ Do Not Be Satisfied With Process – Only With Results

~ IITATBOTPWMH-EITDNKI ~ It Is Those At The Base Of The Pyramid Who Make History – Even If They Do Not Know It

~ EFIBTA ~ Even Failure Is Better Than Acquiescence

ROBERT FRANK ~ SUCCESS AND LUCK ~ 2016

~ GF&TMOM ~ Good Fortune And The Myth Of Meritocracy

~ SSHDTCEPAMLRIILOTMPOI ~ Social Scientists Have Discovered That Chance Events Play A Much Larger Role In Important Life Outcomes Than Most People Once Imagined

~ TROMHCEN ~ The Rhetoric Of Meritocracy Has Caused Enormous Harm

~ M-CI-1958-AAP-QCOA-AAOP ~ Meritocracy – Coined In – 1958 – As A Pejorative – Quickly Co-Opted As – An Adjective Of Praise

~ STTEMHEABOL-AVOTTTTDRBOT-TTAWTTTA ~ Saying That Top Earners May Have Enjoyed A Bit Of Luck – Apparently Verges On Telling Them That They Don’t Really Belong On Top – That They Aren’t Who They Think They Are

~ TROMATHCTETWSAFOHDOECBAIC ~ The Rhetoric Of Meritocracy Appears To Have Camouflaged The Extent To Which Success And Failure Often Hinge Decisively On Events Completely Beyond Any Individual’s Control

~ SMCEFMMPILTTMPR ~ Seemingly Minor Chance Events Figure Much More Prominently In Life Trajectories Than Most People Realize

~ BWATMTAHPWNAMMS? ~ But What About The Many Talented And Hardworking People Who Never Achieve Much Material Success?

~ IOTTSTSWW1%HTOII1%MTD1PMI-B-TIOCLMLWSSPDTI-TFDIE ~ It’s One Thing To Say That Someone Who Works 1 Percent Harder Than Others Or Is 1 Percent More Talented Deserves 1 Percent More Income – But – The Importance Of Chance Looms Much Larger When Such Small Performance Differences Translate Into – Thousands-Fold Differences In Earnings

~ WTAM-TPRTATAHOWITM-AENOC-ATMCTA-TMLM ~ Winner-Take-All Markets – The Prodigious Rewards That Accrue To A Handful Of Winners In These Markets – Attracts Enormous Numbers Of Contestants – And The More Contestants There Are – The More Luck Matters

~ PWBTSDOOTAA-AHAESOHTTA-MFIETMTKOENFS ~ People Who Believe That Success Depends Only On Talent And Effort – And Have An Exaggerated Sense Of How Talented They Are – May Find It Easier To Muster The Kinds Of Effort Necessary For Success

~ B-UTIOEF-MAEC-IM-FEEPTCIAIWTHNRPOS-IAATMSPMRTUTINTSETSMS ~ But Underestimating The Importance Of External Forces – May Also Entail Significant Costs – It May – For Example Encourage People To Compete In Arenas In Which They Have No Realistic Prospect Of Succeeding – It Also Appears To Make Successful People More Reluctant To Underwrite The Investments Necessary To Sustain Environments That Support Material Success

~ TFRTNSCPWEMFICTAC ~ The Fact Remains That No Society Can Prosper Without Effective Means For Its Citizens To Act Collectively

~ SGIU-ISWTAWTMIB-SSHDMEGTO ~ Since Government Is Unavoidable – It’s Surely Worth Thinking About Ways To Make It Better – Some Societies Have Demonstrably More Effective Governments Than Others

~ ‘HB’-WYTYAKWH-IETIRFWIHTH ~ “Hindsight Bias” – When You Think You Already Know What Happened – It’s Easy To Invent Reasons For Why It Had To Happen

~ HBOWPFWPOUSO ~ Hindsight Bias Operates With Particular Force When People Observe Unusually Successful Outcomes

~ TME ~ The Matthew Effect

~ WTAM-GDTCF-RDLOAPTORP-RTTBHCITHOAFTP ~ Winner-Take-All Markets – Generally Display Two Characteristic Features – Rewards Depend Less On Absolute Performance Than On Relative Performance – Rewards Tend To Be Highly Concentrated In The Hands Of A Few Top Performers

~ B-EP-ASMC-WWAWEBETAH-B-TWRB-TMTAH-ITCP ~ Because – Enormous Prizes – Attract So Many Contestants – Winners Will Almost Without Exception Be Enormously Talented And Hardworking – But – They Will Rarely Be – The Most Talented And Hardworking – In The Contestant Pool

~ E-HUTH-IAGM-TMMYST-TMLTB-AIYSTEM-ABI ~ Events – Highly Unlikely To Happen – In Any Given Moment – The More Moments You String Together – The More Likely They Become – And If You String Together Enough Moments – All But Inevitable

~ METAHPFTAASMOMS-MOTASLLTTW ~ Many Extremely Talented And Hardworking People Fail To Achieve Any Significant Measure Of Material Success – Many Of Them Are Simply Less Lucky Than The Winners

~ TITSASTMWWOBTAL-IHCA-MWNHEBRCHTNBB-EAAH ~ This Isn’t The Same As Saying That Most Winners Win Only Because They Are Lucky – In Highly Competitive Arenas – Most Would Not Have Even Been Realistic Contenders Had They Not Been Both – Extremely Able And Hardworking

~ TWAOPTATFTBLMBUTTKOFNTIFP ~ Those Who Are Overly Prone To Attribute Their Failures To Bad Luck May Be Unreceptive To The Kinds Of Feedback Needed To Improve Future Performance

~ TBOFB ~ The Burden Of False Beliefs

~ TIODOPLTTAO-THBBIAHDC-TLBOCOIIBTWCBU ~ There Is One Dimension Of Personal Luck That Transcends All Others – To Have Been Born In A Highly Developed Country – The Lucky Beneficiaries Of Centuries Of Intensive Investment By Those Who Came Before Us

~ IBBIAGEIOOTLTTCHTA-FTALIHMSPMRTPTTRTSTINTMAGE ~ If Being Born In A Good Environment Is One Of The Luckiest Things That Can Happen To Anyone – Failure To Appreciate Luck’s Importance Has Made Successful People More Reluctant To Pay The Taxes Required To Support The Investments Necessary To Maintain A Good Environment

~ TFTAADTBCEP-ORTARWP-STOCBBCARIFFO ~ The Fact That Americans Are Driving The Best Cars Ever Produced – On Roads That Are Riddled With Potholes – Suggests That Our Current Balance Between Cars And Roads Is Far From Optimal

~ PWFMHTAALTTWTAAGOTSA ~ People Will Fight Much Harder To Avoid A Loss Than They Would To Achieve A Gain Of The Same Amount

~ OCPOPAPSHBDC-NJFPAMIF-BAFTWT ~ Our Current Patterns Of Private And Public Spending Have Been Deeply Counterproductive – Not Just For Poor And Middle-Income Families – But Also For The Wealthy Themselves

~ EPIWAEPFTEPOTVSTP ~ Extensive Public Investment Was An Essential Precondition For The Economic Prosperity Of Those Very Same Tax Protesters

~ POSOCAAT ~ Public Opinion Shifts One Conversation At A Time

~ TRSBFTALPRISHMIHTSTPINTSTSOLATFG ~ Tax Resistance Spawned By Failure To Appreciate Luck’s Pivotal Role In Success Has Made It Harder To Sustain The Public Investment Needed To Support The Stock Of Luck Available To Future Generations

~ ATPIT-IFOAPCT-WPABOFAE ~ Abandoning The Progressive Income Tax – In Favor Of A Progressive Consumption Tax – Would Produce A Better Outcome For Almost Everyone

~ PWETAAAOTP-ANJHBOTF-TAMLTP-TIPBMOTBSSATE ~ People Who Enjoy The Admiration And Affection Of Their Peers – Are Not Just Happier Because Of That Fact – They’re Also More Likely To Prosper – That’s In Part Because Most Of The Biggest Economic Success Stories Are Team Efforts

~ IMBIYITALRIYS-IOBPWTBOYFHDS-ESTTWMYFH-TMFTOTBOYMAMYMLTPIPMT ~ It May Be In Your Interest To Acknowledge Luck’s Role In Your Success – If Only Because People Will Think Better Of You For Having Done So – Evidence Suggests That This Will Make You Feel Happier – The Mere Fact That Others Think Better Of You May Also Make You More Likely To Prosper In Purely Material Terms

~ TWHT-TASTSAEAFTBL-MBPAISC-BOB-IIOITEMRA ~ The Widespread Human Tendency – To Attribute Success To Skill And Effort And Failure To Bad Luck – May Be Psychologically Adaptive In Some Cases – But On Balance – It’s In Our Interest To Embrace More Realistic Attributions

~ CTPB-PWINOFMPTGW-BAFETC ~ Contrary To Popular Belief – Private Waste Is Not Only Far More Pervasive Than Government Waste – But Also Far Easier To Curtail

~ APBMRAOWRFCPOT-TCCFWSSOGABTFTF-A-TACSOOCAAT ~ Although Popular Beliefs May Remain At Odds With Reality For Considerable Periods Of Time –The Consensus Can Flip With Surprising Speed Once Good Arguments Begin To Find Their Footing – And – Those Arguments Can Spread Only One Conversation At At Time

DAVID BOHM ~ ON DIALOGUE

~IPATC-TWT-THTBATCSIC-STTSITMDAA-RTS-CFAATTO ~ If People Are To Cooperate – To Work Together – They Have To Be Able To Create Something In Common – Something That Takes Shape In Their Mutual Discussions And Actions – Rather Than Something Conveyed From An Authority To The Others

~ IWKOTTTWITSFOC-TWAGTEIISOW-AWAGTMAPS ~ If We Keep On Thinking That The World Is There Solely For Our Convenience – Then We Are Going To Exploit It In Some Other Way – And We Are Going To Make Another Problem Somewhere

~ TDIBAAETTMBW-TITP ~ Thought Defends Its Basic Assumptions Against Evidence That They May Be Wrong – Thought Is The Problem

~ ABNFADWBFPTSIAC-SAGADFA-IAFDC ~ A Basic Notion For A Dialogue Would Be For People To Sit In A Circle – Such A Geometric Arrangement Doesn’t Favor Anybody – It Allows For Direct Communication

~ IP-TDSW-WAL-A-WAA ~ In Principle – The Dialogue Should Work – Without Any Leader – And – Without Any Agenda

~ IMBUTHAFTGTGG-WKAWOIFAW-PWBTLRTDLALOTD ~ It May Be Useful To Have A Facilitator To Get The Group Going – Who Keeps A Watch On It For A While – People Would Begin To Learn Really To Depend Less And Less On The Facilitator

~ TWOSHBOTBTWCFWL-B-MWC ~ The Whole Of Society Has Been Organized To Believe That We Can’t Function Without Leaders – But – Maybe We Can

~ IIITUTADGINATGOSK-WANTTCAH-TIMHAAB ~ It Is Important To Understand That A Dialogue Group Is Not A Therapy Group Of Some Kind – We Are Not Trying To Cure Anybody Here – Though It May Happen As A Byproduct

~ ITDGWANGTDWTDAA-TIC-OWANF-WMHAESWWANOTDA-NCTAC-OPIRRCCIT-IYWTCTAP ~ In The Dialogue Group We Are Not Going To Decide What To Do About Anything – This Is Crucial – Otherwise We Are Not Free – We Must Have An Empty Space Where We Are Not Obliged To Do Anything – Nor Come To Any Conclusions – Our Purpose Is Really To Communicate Coherently In Truth – If You Want To Call That A Purpose

~ PWCTAGWDIAA-NIFACWOP ~ People Will Come To A Group With Different Interests And Assumptions – Negotiating Involves Finding A Common Way Of Proceeding

~ AGDOWNITCTBDTTFON-PAGNRTGITDIWTFHWTCTBAD ~ A Great Deal Of What Nowadays Is Typically Considered To Be Dialogue Tends To Focus On Negotiation – People Are Generally Not Ready To Go Into The Deeper Issues When They First Have What They Consider To Be A Dialogue

~ TPINTEAFDGF-BR-OTLLETMAC ~ The Point Is Not To Establish A Fixed Dialogue Group Forever – But Rather – One That Lasts Long Enough To Make A Change

~ ACIALORAPAI-STWCLT-BIOWIWHAC-WITWS-MSPAV-OIFA -~ A Society Is A Link Of Relationships Among People And Institutions – So That We Can Live Together – But It Only Works If We Have A Culture – Which Implies That We Share – Meaning, Significance, Purpose, And Value – Otherwise It Falls Apart

~ D-FPTRWIOEOMWCTACOJ ~ Dialogue – For People To Realize What Is On Each Other’s Minds Without Coming To Any Conclusions Or Judgments

~ ITCITL-EWOWTCC-YAITGWTS ~ If You Can Influence The Leaders – Either With Or Without Their Conscious Cooperation – You Automatically Influence The Group Which They Sway

~ BPUAOC-O-MANO-TPCSSAWMOGE ~ By Playing Upon An Old Cliche – Or – Manipulating A New One – The Propagandist Can Sometimes Swing A Whole Mass Of Group Emotions

~ TL-WLTATAPC-WDSOIICBMTTTOI ~ The Leaders – Who Lend Their Authority To Any Propaganda Campaign – Will Do So Only If It Can Be Made To Touch Their Own Interests

~ EAAMBCIOTPIIC ~ Events And Activities Must Be Created In Order To Put Ideas Into Circulation

~ TLISTBAUEABTSC ~ The Law Isn’t Supposed To Be About Unspoken Excuses And Behind-The-Scenes Calculations

~ DWYLISF-BWYLIDBWYT-ATIOAPWIF ~ Doing What You Like Is Seldom Freedom – Because What You Like Is Determined By What You Think – And That Is Often A Pattern Which Is Fixed

~ T-‘P’-IIALAYKOPIATTBYT-THTBISSAOIC ~ The – “Problem” – Is Insoluble As Long As You Keep On Producing It All The Time By Your Thought – Thought Has To Be In Some Sense Aware Of Its Consequences

~ TOSITHM-P-P-TCAMSTYCSTROYT-YHTSYI ~ The Point Of Suspension Is To Help Make – Proprioception – Possible – To Create A Mirror So That You Can See The Results Of Your Thought – You Have To See Your Intention

~ ITB-PWTEO-ITSTIOTD-TWWWI-A-ATSTKEO-TBTTEO ~ In The Beginning – People Won’t Trust Each Other – If They See The Importance Of The Dialogue – They Will Work With It – And – As They Start To Know Each Other – They Begin To Trust Each Other

~ TOOADINTAT-O-TWAA-OTEO-R-IITS-O ~ The Object Of A Dialogue Is Not To Analyze Things – Or – To Win An Argument – Or To Exchange Opinions – Rather – It Is To Suspend – Opinions

~ IWCSWAOOOM-TWASACC-EIWDAE ~ If We Can See What All Of Our Opinions Mean – Then We Are Sharing A Common Content – Even If We Don’t Agree Entirely

~ IMTOTTOANRVI-TAAA-WCJSSTAOTM-TEU-NTWHCI ~ It May Turn Out That The Opinions Are Not Really Very Important – They Are All Assumptions – We Can Just Simply Share The Appreciation Of The Meanings –– Truth Emerges Unannounced – Not That We Have Chosen It

~ IWAHDAADT-EPITGTHADC-BWWRTITOPA ~ If We All Have Different Assumptions And Defend Them – Each Person Is Then Going To Have A Different Content – Because We Won’t Really Take In The Other Person’s Assumptions

~ TINPIBPOC-TNRCOR-ISIR-YDNTBP-ISHTPY-TTIPSDAI ~ There Is No Point In Being Persuaded Or Convinced – That’s Not Really Coherent Or Rational – If Something Is Right – You Don’t Need To Be Persuaded – If Somebody Has To Persuade You – Then There Is Probably Some Doubt About It

~ TINRTHTAAITIETIINR-TPSOAAOOAOITIIOTETIMNBR ~ There Is No Reason To Hold To An Assumption If There Is Evidence That It Is Not Right – The Proper Structure Of An Assumption Or Of An Opinion Is That It Is Open To Evidence That It May Not Be Right

~ TDNEFO-IMEFSE-PFAMFMOTTM ~ Truth Does Not Emerge From Opinions – It Must Emerge From Something Else – Perhaps From A More Free Movement Of The Tacit Mind

~ EIOFWP-WWAW-CPIADB-OTATT ~ Even If One Faction Won’t Participate – We Who Are Willing – Can Participate In A Dialogue Between – Our Thought And Their Thought

~ GPHTTA-ATANTT ~ Generally People Hold To Their Assumptions – So They Are Not Thinking Together

~ TINPITDFTPOAAH-WWTBFOHAAAWM-WWCLABTA ~ There Is No Place In The Dialogue For The Principle Of Authority And Hierarchy – We Want To Be Free Of Hierarchy And Authority As We Move – Where We Can Let Anything Be Talked About

~ TPITGPTCTKEOA-AKWTA ~ The Principle Is To Get People To Come To Know Each Other’s Assumptions – And Know What They Are

~ MOOT-IIGF-INI-IOITWC-AIPU-WPIU-ACFP-FF-FS-FN-FB-ASO-WSCPOIWWL-AWMROP-BS-IACFTP ~ Most Of Our Thought – In Its General Form – Is Not Individual – It Originates In The Whole Culture – And It Pervades Us – We Pick It Up – As Children From Parents – From Friends – From School – From Newspapers – From Books – And So On – We Select Certain Parts Of It Which We Like – And We May Reject Other Parts – But Still – It All Comes From That Pool

TWYES-DOHYRI-O-MI ~ The Way You Experience Something – Depends On How You Represent It – Or Misrepresent It

~ NWDSTOAAATNOOO-B-TAA-TWWST-TWWET-A-C-TTTWWTD ~ Normally We Don’t See That Our Assumptions Are Affecting The Nature Of Our Observations – But – The Assumptions Affect – The Way We See Things – The Way We Experience Them – And – Consequently – The Things That We Want To Do

~ WHGTL-S-TOT-TSWIID-WCABATTRIOWO-WCABATTRIPWO ~ We Have Got To Learn – Somehow – To Observe Thought – To See What It Is Doing – Be Attentive To The Results It Produces Within Ourselves – Even – Of How It Affects Perception

WILLIAM BONNER + LILA RAJIVA ~ MOBS, MESSIAHS AND MARKETS ~ 2007

~ BBIBS ~ Blue Bloods In Black Shirts

~ WTWIWIAGAFATOD-IOPHOTAOI-W-TMBU-OE ~ What The World Improvers Want Is A Globe As Familiar As Their Own Boudoirs – If Other People Have Other Tastes And Other Ideas – Well – They Must Be Uneducated – Or Evil

~ WRMTWIIV-AWMTOITTGITISR ~ What Really Moves The World Improvers Is Vanity – And What Makes Them Odious Is That They Give In To It So Readily

~ TTI-PPAB-AAAFTFOSOV ~ The Truth Is – Popular Politics And Bubbles – Are Almost Always Frauds That Flatter Our Sense Of Vanity

~ DWB-WTPDTDIFETBDT ~ Deception Works Best – When The Person Doing The Deceiving Is Fool Enough To Be Deceived Too

~ MTIAHIAE-IOATBAPOCRBOP-ATFR-OTP ~ Moral Thinking Is Actually Highly Intuitive And Emotional – It Only Appears To Be A Product Of Careful Reasoning Because Of People’s – After-The-Fact Rationalizations – Of Their Preferences

~ ITRATA-F-CTM-TMTTCUWOR-O-WMTTTAI-B-TAUTSTO ~ If The Reasons Are Taken Away – Few – Change Their Minds – They May Try To Come Up With Other Reasons – Or – Want More Time To Think About It – But – They Are Unlikely To Switch Their Opinions

~ TMIHWAWB-B-UHWIE ~ The Mob Is Happy When A War Begins – But – Usually Happier When It Ends

~ AWEBTOPD-WTTTHAGR ~ And What Extraordinarily Bad Things Ordinary People Do – When They Think They Have A Good Reason

~ TWOTWHTPNITDA-B-ITCDOTE-IWNIFWDTPOTW-IWT-SLF ~ The Worst Of The Witch-Hunting Took Place Not In The Dark Ages – But – In The Clear Dawn Of The Enlightenment – It Was Not Illiterate Fools Who Drove The Persecution Of The Witches – It Was The – Semi-Literate Fools

~ FNINN ~ Fake News Is Not New

~ WDTBTAGT-TTTITDTMOT-CBTWDFTFWDWI? ~ Why Do They Believe That A Government That – They Think Too Incompetent To Deliver The Mail On Time – Can Be Trusted With Delivering Freedom To Foreigners Who Don’t Want It?

~ WGP-AALOI-PMCTTS-A-MWWBOFQ ~ Without Government Propaganda – And A Lot Of It – People Might Come To Their Senses – And – Most Wars Would Blow Over Fairly Quickly

~ TNCATEOAEAWI-A-REAOTTPAATB ~ The Negative Consequences At The End Of An Effort At World Improvement – Are – Roughly Equal And Opposite To The Positive Aspirations At The Beginning

~ T-U-ITTWRAE-IEURY-BYKI-YADSTFNORTTIWED ~ That – Ultimately – Is The Trouble With Running An Empire – It Ends Up Running You – Before You Know It – You Are Doing Suicidal Things For No Other Reason Than That Is What Empires Do

~ PDSTNTMOWTTFG-FGWSAA-WATTPUIITB-EIIKT ~ People Don’t Seem To Notice That Much Of What They Take For Granted – Future Generations Will See As Absurd – Whatever Allows Them To Puff Up In Importance They Believe – Even If It Kills Them

~ AWAPS-DAD-AQFB-F ~ As With Any Public Spectacle – Deceit And Deception – Are Quickly Followed By – Farce

~ ITIOTWKATSOC-IITTC-TIIG-TIIF-BRIID ~ If There Is One Thing We Know About The Sentiments Of Crowds – It Is That They Change – Today It Is Greed – Tomorrow It Is Fear – But Rarely Is It Doubt

~ TPWH-WI-I-FAR-OWCNK-WMWTR-WI-W-WSB(IOO)-B-AT-WOTTTAI ~ The Perfect World Hypothesis – What Is – Is – For A Reason – One We Cannot Necessarily Know – We Might Want To Replace – What Is – With – What Should Be (In Our Opinion) – But – At Least – We Ought To Think Twice About It

~ TPWWTFTIOYAATPWIATMI ~ The People Who Want To Force Their Ideas On You Are Always The People Whose Ideas Are The Most Idiotic

~ HBAAMCTTTATAF ~ Human Beings Are Always More Complicated Than The Theories About Them Allow For

~ Y-SPAMTETVBIT ~ Yet – So Powerful Are Myths That Even The Victims Buy Into Them

~ TTOJ ~ The Tao Of Jones

~ WRSTO-BEED ~ We Repeat Slogans To Ourselves – Because Everyone Else Does

~ BSAFT ~ Black Swans And Fat Tails

~ FT-ETLSFOTNCOETWTTPTEFAIOC ~ Fat Tails – Events That Lie So Far Outside The Normal Course Of Events That We Tend To Push Them Equally Far Away In Our Consciousness

~ BSOMMCTWT-TANTROTAOLOSE-BTROTMOE-AEIOSE ~ Black Swans Occur Much More Commonly That We Think – They Are Not The Result Of The Addition Of Lots Of Small Effects – But The Result Of The Multiplication Of Effects – An Exponential Increase Of Small Effects

~ COTB-FITRT-HIOI ~ Complexity Overwhelms The Brain – Forcing It To Revert To – Habit, Instinct, Or Intuition

~ WPTTW-WTACITHOTM-A-HTATTC-AQDT-ANOTIEM ~ What People Think They Want – What They Actually Choose In The Heat Of The Moment – And – How They Afterward Think They Chose – Are Quite Different Things – And None Of Them Is Easily Measured

~ WAFNJBTROTU-BE-BTUOOOEM ~ We Are Fooled Not Just By The Randomness Of The Universe – But Equally – By The Unpredictability Of Our Own Emotional Makeup

~ NOIGNEGNEB-IINEOST-IIS ~ Not Only Is Globalization Neither Entirely Good Nor Entirely Bad – It Is Not Even One Single Thing – It Is Several

~ FDB ~ Fin De Bubble

~ TBSH ~ The Buck Starts Here

~ TMDT ~ The Million Dollar Trailer

~ T-MLNTFMSTBTBATMWS-OTWPTLM-BTNMLRMTB-ATHAJTMF~ Traditionally – Mortgage Lenders Needed To First Make Sure That Both The Borrower And The Market Were Solid – Or They Weren’t Prepared To Lend Money – But The New Mortgage Lenders Rarely Met The Borrower – And They Had Already Judged The Market Foolproof

~ SN ~ Speculation Nation

~ NTBIO-TBBWMLBNS-B-TWNTM ~ Now That The Boom Is Over – The Baby Boomers Will Most Likely Be Net Sellers – Because – They Will Need The Money

~ TMOTMOAB-D-TI-TEEPBWOAWU ~ The Mother Of The Mother Of All Bubbles – Debt – That Is – Traded, Extended, Extruded, Pressed, Bottled, Wrung Out, And Wadded Up

~ OGITWTHOTETFCIFW-DWGAS-‘TP’-P-TDRDRAA-TAI ~ Our Guess Is That When The History Of The Early Twenty-First-Century Is Finally Written – Derivatives Will Get A Special “Tipping Point” Place – They Don’t Really Disperse Risk At All – They Aggregate It

~ WTBFP-YCBSIWBTMMWLTH ~ When The Bubble Finally Pops – You Can Be Sure It Won’t Be These Money Men Who Lose Their Homes

~ F-LBR-DNCW-TMRI-WTMMIHMIGT-ITBTILT ~ Financiers – Like Bank Robbers – Do Not Create Wealth – They Merely Redistribute It – While The Mob May Idolize Holdup Men In Good Times – In The Bad Times It Lynches Them

~ NGTFFTF ~ Never Get Too Far From The Facts

~ NBWEEIRTB ~ Never Buy What Everyone Else Is Rushing To Buy

~ DAAG-TA-IOU-IBTWBD ~ Dollars Are A Gamble – They Are – IOUs – Issued By The World’s Biggest Debtor

~ RHIOR ~ Rot Has Its Own Rationale

~ RISTOW-OMWFOD-NTOWA ~ Reason Is Slave To Our Wishes – Our Minds Work For Our Desires – Not The Other Way Around

CHRISTOPHER STEINER ~ AUTOMATE THIS

~ BLU-ACAWDST-AWPMAMOOWUTCOAWCLTOW-OWIPTS ~ But Left Unsupervised – Algorithms Can And Will Do Strange Things – As We Put More And More Of Our World Under The Control Of Algorithms We Can Lose Track Of Who – Or What – Is Pulling The Strings

~ JWOBOCFSANBSABFPOCC ~ Jobs We Once Blamed Other Countries For Stealing Are Now Being Snatched Away By Faceless Piles Of Computer Code

~ ITSM-HHLBRTIO-TAOTMN ~ In Today’s Stock Market – Humans Have Largely Been Reduced To Interested Observers – The Algorithms Own The Market Now

~ NSTAWSFTTB ~ News Services That Are Written Specifically For The Trading Bots

~ TINWTUTIOGATFCTTNH-TSAWSCBWIF ~ There Is No Way To Understand The Implications Of Giving Algorithms The Full Control That They Now Have – The Speed At Which Something Can Go Wrong Is Frightening

~ SADTOYASPVRR-AOTCCHI-ITCWOT ~ Some Algorithms Developed Thousands Of Years Ago Still Play Very Real Roles – Albeit Ones Their Creators Couldn’t Have Imagined – In The Computerized World Of Today

~ AOWWWKTEFTNTBEOM ~ Algorithms Only Work When We Know The Exact Factors That Need To Be Examined Or Manipulated

~ TWP-PANITATTITN-A-SIOTFTM ~ To Work Properly – Predictive Algorithms Need Instructions That Allow Them To Ignore The Noise – And – Zero In On The Factors That Mater

~ TWI-A-I-W-NSFC-P0TCTW-TJHABCOTROA ~ Those Who Imagine – Art – Innovations – Words – Novel Strategies For Companies – Products That Change The World – Their Jobs Have Always Been Considered Outside The Reach Of Algorithms

~ SPATTCROBWCTT-TNITACI-TABCC-WNL-H-TTADA ~ Smart People Assume That This Creeping Revolution Of Bot Workers Can’t Touch Them – The Notion Is That Algorithms Can’t Innovate – That A Bot Can’t Create – We’re Now Learning – However – That These Are Dangerous Assumptions

~ ACBTTETQAOOOC ~ Algorithms Can Be Taught To Evaluate The Quality And Originality Of Others’ Creations

~ AWPDAABAA? ~ At What Point Does An Algorithm Become An Artist?

~ TVOAIAITS-AAUTSMAMIOD-DMILT-IKA-RL ~ The Value Of Algorithms Is All In Their Speed – Algorithms Allow Us To Squeeze More And More Into Our Days – Doing More In Less Time – Is Known As – Removing Latency

~ M-S-T-HAGT-FBOW ~ Money – Speed – Technology – Have Always Gone Together – For Better Or Worse

~ THABITHOAPF-SOPTWMTGF-H-ATPWDT ~ Technology Has Always Been In The Hands Of A Privileged Few – Some Of Those Who Make The Greatest Fortunes – However – Are The People Who Democratize Technology

~ GTS ~ Gaming The System

~ AWCTIPASATWHAAWRIH ~ Algorithms Will Continue To Invade Professions And Skill Areas That We Have Always Assumed Will Remain Inherently Human

~ TPMBHEWNBTTGR ~ The Predictions Made By Human Experts Were No Better Than Those Generated Randomly

~ TACT ~ Technical Automated Compatibility Testing

~ PDB ~ Paging Dr. Bot

~ WMSTBRUOIF-TTITIABSBA-ATRCAYTC ~ While Medicine Seems To Be Rather Unhackable On Its Face – The Truth Is That It’s Already Been Shaken By Algorithms – And The Real Changes Are Yet To Come

~ IASBGNOH-CAAITNOWDAAP ~ In A Small But Growing Number Of Hospitals – Consulting An Algorithm Is Task Number One When Diagnosing Any Admitted Patients

~ TJFPRSTAPMACE ~ The Jobs For People Reading Scans, Tests, And Patient Metadata Are Certainly Endangered

~ T-C-A-A-TGSED ~ They’re – Cheap – Accurate – And – They Get Smarter Every Day

~ AOU-WOBATE-CB-C-T-A-CLAAIAZ ~ All Of Us – When Observed By A True Expert – Can Be – Categorized – Tagged – And – Catalogued Like An Animal In A Zoo

~ PCPRC-EHWAPIETLTAAS ~ People’s Core Personalities Rarely Change – Exceptions Happen When A Person Is Exposed To Long-Term Abuse And Stress

~ AWGO-OVMGVAD-BTWIWWS-TSWLTOS-RTS-TSGAACATHAOUPLAAUP ~ As We Get Older – Our Vocabulary May Grow Varied And Dense – But The Way In Which We Speak – The Structures We Lend To Our Sentences – Remains The Same – Those Structures Give Away Amazing Clues As To How Any Of Us Process Logic And Act Under Pressure

~ HTSRAAUITMIEK ~ How The Speech Recognition Algorithms Are Used In The Markets Isn’t Exactly Known

~ TPFBI-B-S-AE-P(TR)-ICH ~ The Potential For Bots In – Business – Service – And Even – Politics (Think Robocalls) – Is Clearly Huge

~ WLCPTTFTOTFH-WBCSM-S-LC-A-HC? ~ Why Leave Customers Prone To The Fickle Treatment Of Their Fellow Humans – When Bots Can Secure More – Satisfaction – Lower Costs – And – Happier Customers?

~ AOT-CEAC-D-G-S-S-A-E ~ All Of This – Click, Eyeball And Cursor – Data – Gets – Strained – Sifted – And – Examined

~ HWSIWSWOITPO-TIRCTSP-TBI-H-OATSTBCTTOTI-TSATWCSAE ~ How We Speak Indicates What Spot We Occupy In The Pecking Order – The Influencers Rarely Change Their Speech Patterns – Those Being Influenced – However – Often Alter Their Speech To Be Closer To That Of The Influencer – The Same Applies To Written Communication Such As E-Mail

~ WBOI-OLT ~ Words Betray One’s Influence – Or Lack Thereof

~ BATIPOTDAOAWSCLTNAI-P-M-S-M-TTMMTBM-FTNTH ~ Being Able To Identify Pecking-Order Top Dogs Automatically On A Wide Scale Could Led To New Approaches In – Politics – Management – Sales – Marketing – There’s Too Much Money To Be Made – For This Not To Happen

~ HE-WLTAAOTTTTDOUSREY-CBAEIAWTD ~ Human Error – Which Leads To Almost All Of The Thirty-Three Thousand Deaths On U.S. Roads Every Year – Could Be Almost Eliminated If Algorithms Were The Drivers

~ LAASAATAAI-TADNRHIOTPTICMPL ~ Lawyers Are As Susceptible As Anybody To An Algorithm Invasion – The Algorithm Does Not Require Health Insurance Or The Promise That It Could Make Partner Later

SIMON HEAD ~ MINDLESS ~ 2014

~ SMAMDH ~ Smarter Machines Are Making Dumber Humans

~ CBS ~ Computer Business Systems

~ ES ~ Enterprise Systems

~ BPR ~ Business Process Reengineering

~ ERP ~ Enterprise Resource Planning

~ BS ~ Balanced Scorecard

~ ‘DW’ ~ “Data Warehouses”

~ ‘DM’ ~ “Data Marts”

~ CP ~ Corporate Panoptics

~ TOOMANLFABH-BTER ~ The Objects Of Management Are No Longer Flesh-And-Blood Humans – But Their Electronic Representations

~ WHB-TNCWCSAT-TRUODS ~ We Have Become – The Numbers, Coded Words, Cones, Squares, And Triangles – That Represent Us On Digital Screens

~ KPI-TINLTTN-TMCATAP ~ Key Performance Indicators – There Is No Limit To The Number – That Management Can Attach To A Process

~ TRSOTEOE-I-TCDON ~ The Reverse Side Of The Empowerment Of Experts – Is The Complete Disempowerment Of Nonexperts

~ TLOGW-C-A-T-TMASUTMOG-AAUT-MATTWOESTG ~ The Labeling Of Goods With – Chips – And – Tags – To Monitor And Speed Up The Movement Of Goods – Are Also Used To – Monitor And Time The Work Of Employees Shifting The Goods

~ MIS ~ Management Information Systems

~ RAE ~ Research Assessment Exercise

~ EL ~ Emotional Labor

~ SABRE ~ Semi-Automatic Business Research Environment

~ AEASE ~ Abstracted Electronic And Statistical Entities

~ ATSRAC-IF-HHOIT-SEOTTME-WWIBITS ~ All The Systems Rules And Commands – In Fact – Have Human Origins In The – Superior Expertise Of The Technical, Managerial Elite – Whose Wisdom Is Baked Into The System

WILLIAM BONNER ~ HORMEGEDDON ~ 2014

~ TMOAGTLTD ~ Too Much Of A Good Thing Leads To Disaster

~ TMI ~ Too Much Information

~ SK-PM ~ Servi Kaffe – Pereat Mundis

~ GS-PPDAWYGWYA-RSSPSL-TAIBS ~ Generally Speaking – Public Policy Disasters Are What You Get When You Apply – Rational, Small-Scale Problem-Solving Logic – To An Inappropriately Broad Situation

~ TFLIT-LTWMTOBC-FOC-A-FTCTBB ~ The Feedback Loop Is Twisted – Leaving Those Who Made The Original Bad Choices – Free Of Consequences – And – Free To Continue Their Bad Behavior

~ ‘H’-TMOAGTIAPPC ~ “Hormegeddon” – Too Much Of A Good Thing In A Public Policy Context

~ EDT-‘TMOAGT’-A-‘DMU’ ~ Economists Describe – The ‘Too Much Of A Good Thing’ – As –  ‘Declining Marginal Utility’

~ FPCSTITPLIOOTCCOTAIWTHPSMF-I-TBITAORTET-‘DS’ ~ Few People Can Stomach The Idea That Public Life Is Out Of The Conscious Control Of The Authorities In Whom They Have Placed So Much Faith – Instead – They Believe In The Ability Of Right Thinking Experts To – ‘Do Something’

~ JSHADS-‘CD’-TABOBZ-LNTIC-TITITITP-AASTBSAN-TMCI ~ Josef Schumpeter Had A Different Solution – ‘Creative Destruction’ – To Avoid Being Overrun By Zombies – Let Nature Take Its Course – The Inefficient, The Incompetent, The Imprudent, The Passé – All Are Supposed To Be Swept Aside Naturally – The Market Cleanses Itself

~ BTDAHTWIIST-TZEBTPTPCASTS-TUTPOGTHOWTGAGM ~ But This Doesn’t Always Happen The Way It Is Supposed To – The Zombies Erect Barriers To Protect Themselves, Prevent Change And Stabilise The System – They Use The Power Of Government To Hold Onto What They’ve Got And Get More

~ EAO-BAG-CAA-BG-WIASFC-WCOSAGSP ~ Entitlements Are Offered – Bailouts Are Given – Contracts Are Awarded – Bureaucracies Grow – Whole Industries Are Shielded From Competition – Whole Classes Of Society Are Given Special Privileges

~ TME ~ Too Much Economics

~ SEM ~ Simpleton’s Economic Model

~ TWATWEWNSC-NSBAA-NSA-A-NSD ~ There Was A Time When Economists Were Not So Conceited – Not So Bold And Arrogant – Not So Ambitious – And – Not Such Dumbbells

~ IEWRTPODRWNVQ-TGBU-L-WTAUTDPAM-TBD-HBTN ~ In Economics We Reach The Point Of Diminishing Returns With Numbers Very Quickly – They Gradually Become Useless – Later – When They Are Used To Disguise, Pervert And Manipulate – They Become Disastrous – Hormegeddon By The Numbers

~ NHPNOS-NAPSAA ~ Numbers Help Put Nonsense On Stilts – Numbers Appear Precise, Scientific, And Accurate

~ BATNAS-NISAD-NASSCBT-YEBWTATTWB-AUTSSMTETCPP ~ But All The Numbers Are Squishy – Nothing Is Stiff And Dry – Not A Single Statistic Can Be Trusted – Yet Economists Build With Them As Though They Were Bricks – And Upon Their Squirming , Shimmying Mound They Erect Their Central Planning Policies

~ METTTWIABOHS-NABOP ~ Most Economists Today Think They Work In A Branch Of Hard Science – Not A Branch Of Philosophy

~ IOSUGITFY-TFAI ~ Instead Of Storing Up Grain In The Fat Years – The Feds Ate It

~ BMEHDETAMPTATTFTLOTRW-TGMBDIDBICGFIDDTLY ~ But Modern Economists Have Developed Elaborate Theories And Mathematical Proofs That Allow Them To Flout The Limitations Of The Real World – The Government May Be Deeply In Debt But It Can Go Further Into Debt During The Lean Years

~ TITNOH-OYAII-YTTSII-UYRTBE ~ This Is The Nature Of Hormegeddon – Once You Are In It – You Tend To Stay In It – Until You Reach The Bitter End

~ ADGOTLTTST-TDOMV-BOFRBDL ~ All Democratic Governments Owe Their Legitimacy To The Same Thing – The Decisions Of Misled Voters – Based On Fraudulent Representations By Dishonest Leaders

~ TITGMITMTBIF-GIBUAANOSBTOATI ~ The Idea That Government’s Mission Is To Make Things Better Is False – Government Its Best Understood As A Naturally Occurring Struggle Between The Outsiders And The Insiders

~ T –‘SC’-IAF-YCHACUYHTWAAP-TDWFOTP-ITYWO-WKOCIITYDATACGOO? ~ The – “Social Contract” – Is A Fraud – You Can’t Have A Contract Unless You Have Two Willing And Able Parties – The Deal Was Forced On The Public – Imagine That You Want Out – What Kind Of Contract Is It That You Don’t Agree To And Can’t Get Out Of?

~ TIDNRGAAC-TNTGSOOI ~ The Insiders Do Not Run Government As A Charity – They Need To Get Something Out Of It

~ ‘TM’-INAB-IIAC ~ “Too Much” Is Not A Blessing – It Is A Curse

~ WFWTAH-NWTAE-WTINRC-WIT ~ We Flourish When Things Are Hard – Not When They Are Easy – When There Is No Real Challenges – We Invent Them

~ YLNFS-LSMT-GLRTPODMUQ-SWBLIMMB-BIFTTTIL ~ You Learn Nothing From Success – Like So Many Things – Good Luck Reaches The Point Of Declining Marginal Utility Quickly – Starting With Bad Luck Is Much, Much Better – Because It’s Failure That Teaches The Important Lessons

~ BWHWMOPFTIFTATST? – A–A ‘LT’-O-‘DT’ ~ But What Happens When Millions Of People Find Themselves In Financial Trouble At The Same Time? – A – “Liquidity Trap” – or – “Debt Trap”

~ RTLTBGTCTD-TGWTAC-IWTBBIH-TBWSTUTMTIL-I-TBHRC-BPOLTEO ~ Rather Than Let The Banks Get The Comeuppance They Deserved – The Government Wrote Them A Check – It Was The Biggest Bailout In History – The Banks Were Supposed To Use The Money To Increase Lending – Instead – The Banks Had Reduced Credit – By Paying Off Loans To Each Other

~ CW-TAHWL-TAHTFH-BCEABOOEDA ~ Corrections Work – They Are How We Learn – They Are How The Future Happens – By Culling Error And Backing Out Of Dead-End Alleyways

~ CCNBE-CAHWA-‘TMOAGT’-ATLTA-PDAD-TWTCWB ~ Corrections Can Never Be Eliminated – Corrections Are How We Avoid – ‘Too Much Of A Good Thing’ – And The Longer They Are – Prevented, Delayed And Dodged – The Worse The Corrections Will Be

~ M-ITWC ~ Methane – Is The Wild Card

~ TI-FAIISP-STALTOW ~ The Internet – For All Its Information Shovelling Power – Seems To Add Little To Our Wealth

~ ME-HGVR-B-TIDNSTHLTAGUIP ~ Many Entrepreneurs – Have Gotten Very Rich – But – The Internet Does Not Seem To Have Led To A General Uptick In Prosperity

~ WUTWWHEEASM-N-TMIMBPWNBAS ~ What Used To Work Was Hard Effort, Education, And Saving Money – Now – The Money Is Made By People Who Never Break A Sweat

~ TFWF-Z-I-R~ The French Word For – Zombie – Is – Rentier

~ TZBI ~ The Zombie Banking Industry

~ AFE-I-TC-TU-A-TU-TNLF-NWSFPAFOI ~ A Free Economy Is – Too Chancy – Too Unforgiving – And – Too Uncontrollable – To Nurture Lifelong Friendships – No Wonder So Few People Are Fond Of It

~ TZLOFEO-WSNASD-TMTRCASTRT-AHEOTOHONSRTS~ The Zombies Look Out For Each Other – With Safety Nets And Sweetheart Deals – They Make The Right Connections And Say The Right Things – A Healthy Economy On The Other Hand Offers No Sure Route To Success

~ GP&RD ~ Greasy Palms & Revolving Doors

~ VFV-TPCGBBMCTTR ~ Vote For Vote – The Poor Can Generally Be Bought More Cheaply Than The Rich

~ TWBZ ~ The World’s Biggest Zombie

~ MIAMP-WTM-TANMM-NMD-NMR-NME ~ Hormegeddon Is A Modern Phenomenon – Without The Masses – There Are No Mass Movements – No Mass Delusions – No Mass Revolts – No Mass Epidemics

~ GIAAEARI-FTIOT(VCB)PAP-O-T(UUHAH)F ~ Government Is Always And Everywhere A Reactionary Institution – Favoring The Interests Of The (Voting, Contributing, Backstabbing) Past And Present – Over – The (Unborn, Unknown, Helpless And Harmless) Future

~ GHCTRLCISWVLFS ~ Governments Have Come To Resemble Large, Coercive Insurance Schemes With Very Lax Financial Standards

~ C-ACOCRTV-WAATTPOM-IINBBIETPTAFI-IIBIIU-TVOCITIP ~ Civilization – A Culture Of Cooperation Rather Than Violence – Was An Adaptation That Took Place Over Millennia – It Is Not Because Barbarism Is Evil That People Turned Away From It – It Is Because It Is Unprofitable – The Virtue Of Cooperation Is That It Pays

~ ACI-TSRWI ~ As Civilization Increases – The Stakes Rise With It