Thursday, February 24, 2011

People matters

Moral: Wherein we continue our divergence from the slow trek for a few reflections.

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People do matter (but, too, what is the matter with people?): basics thereof, issues thereon, ...

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Won't mention names, but there is some controversy about a large organization (see 'The Apostate' - well-known publication, 02/14/2011) that apparently enslaves some types of people while playing up to the 'talking heads', 'writers', 'role players', and such (called celebrities) as if they are a special breed.

No doubt, some of these roles are important. But, even engineering is not the end-all; science can be stale; service can stink; and so forth.

In short, any type of work ought to be respected, even that in which King Alan partook.

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Ever notice? Capitalists, and market types, like to talk the 'law' (yes, I saw it referenced that way -- it's not even a theory, folks) of comparative advantage as an important idea. And, we all know how this concept condones the races to the bottom (of the moral pit). As if, those who can colonize are the breed to which the smart (ought to) aspire (the question is still open about whether a big wallet denotes being smarter).

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We'll add something about this to the on-going list of preferred characteristics (technology, knowledge, imperatives) for capitalism (if we can continue to use that term without barfing). That is, people are (ought to be) at the core of any free, and democratic, economy and its supporting society.

The discussion goes something like this:
  • If you assume equally capable players (there are many ways to address this, but think specialization in medicine -- holding off, for the moment, arguments about manual dexterity that may influence a decision to be a surgeon, then we have choices about how one's energies are spent related more to preference than any comparative ability. In fact, if someone wants to garden their own vegies, more power to them.
  • So, the issue becomes who wants to do what. In fact, some type of enlightened workplace would allow bidding, or whatever, where needed. Otherwise, people could just choose from some list of things that need to be done, or they could just do as they like (as long as there is some benefit, except during downtime -- this relates to the old notion of the idle rich).
  • As an aside, thoughtful companies spend some effort in getting people to work on projects that they want. This type of thing is possible within the framework of providing value. Yes. There is a spectrum from those doing mindless tasks (motion, etc.) under a relentless clock and beneath a whip-bearing overseer (bully, essentially -- think Chaplin's hapless guy) all the way to those whose freedom in the work environment seems to be unbounded (think IEEEs yearly survey of 'cool' jobs - or, how's this? what Harvard grads expect - by the way, is that a type of entitlement?). In the former, we can find the mostly male jobs where the workers put their lives at danger many times or the mostly female tedious small work as we see with building circuit boards. There are many examples. In the latter, look at an article (recent) about women taking over the workplace (oh yes, desk types -- who is going to do the hard, manual labor - do I need to remind everyone about where that which is on their plate came from and who did the actual work? -- twas not the middle people).
  • That spectrum of job needs does make use of differing abilities (which says something about the assumption of the first bullet) in people. Yet, working and slaving are too different things. Show us that this is not true: off-shoring allows exploitation of lower-waged workers who have few hopes of workplace improvements (stories abound around this theme). Have we not also seen that several iterations of this have been witnessed in the past 1/2 century and that jobs have moved between countries in a never-ending (seemingly) quest for more exploitees? That was because of comparative advantage?
  • Given that we could have universal, implying mutual, respect for those who labor (see classism's hold on the monied), all tasks fulfilled would reap some reward, even rewards of the psyche-enhancing type (oh, not talking commune here, rather the ultimate 'green' approach that would preserve life and the planet and more). And, service? All of the youngsters would spend some time doing something useful for the commonweal.
  • The current thrust toward entrepreneurship is partly on course (too much emphasis on hitting the big time and bucks, one might think). Yet, basic science cannot use that. Nor can engineering (think the costs of developing a new plane, for instance). No, it belongs to that realm (nebulous, and having less value than many believe) of finance, computing, and such that are now exhibiting way out-of-proportion gains (assuming that the term applies).
  • ...
Incomplete list, by design. As, discussing an economic model of n-dimensional folks (way beyond mere rational agents) in a multi-colored world will be formidable, indeed. Yet, it's worth the effort to get the notion some attention.

Remarks:

04/04/2011 -- Boston U's opinion.

02/27/2011 -- Rick Bookstaber's thoughts on the premise of rational agency.

Modified: 04/04/2011

Tuesday, February 15, 2011

Profits are what? Or, Gravy train II

Moral: Wherein we diverge, a minute, from the slow trek toward a position that is reasonable, and well-founded (knowledge, imperatives) with regard to that which everyone would hope is fair and just, and that honors Adam Smith and other thinkers; we pause just to ponder a few things.

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Such as profits and other illusions associated with the cap-ital-sino and its gravy trains.

Why ask about profits? A recent Vanity Fair article discussed how the Irish are paying more through the nose than are the Americans (though, it is debatable when you think of the largess of Big Ben to business (hey, guy, some of the supposed little folk are as capable and mindful than are those who are milking the land of honey -- one difference, 'tude!) and of the mountains of debt being pushed out to the future generations), for the dumb (outright stupid, okay?) actions of those who were handling the monies (and who have no sense of 'on the behalf of"). Yet, the Irish are not complaining about their huge burden or about their stalled economy. Well, in the article, some old banker is asking a hot-shot about expected returns which were in the double digits (of course, before the fall and bail out). The old guy said, how is that? Meaning, of course, that long-term, sustained returns for a good bank would be not far above 5%.

Anything above is suspicious, non-sustainable, and downright anti-human. Yes.

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Gosh, any saver can tell you what it is like to be sacked, thanks to Big Ben.

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What are reasonable profits? Mind you, before you answer, many occurrences of large returns may be accompanied by luck (hence, not repeatable), malfeasance (Made-off is only one example, cooking the books has many connotations), and other deleterious characteristics. Show me an honest firm, working within the constraints of near-zero, who has sustainable success beyond a mere generation or two?

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But, other things go into obtaining profits, such as outhousing and the like. Too, we have pushing the boundaries of cutting (see Toyota, as an example) so as to reap returns. Many times, such reduction methods can push toward a serious reduction in quality.

Why is this of interest? Well, a recent experience, involving a Sealy sham, brings this to the fore. Does diminishing of repute mean anything? At some point, one would think that good will would get chewed down to the bone.

It seems that jumping from a defensive mode to that of attacking the consumer is the preferred approach. In a sense, turn a blind eye to problems. At the same time, institute insurmountable obstacles for rectifying failed items.

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But, as we know, generally, out-sized returns happen daily. From where I sit, many of these are being pulled in by those who run things. Is that not crappy or what? Gravy train? Or, those involved have some special situation (as in, the global elite) that allows the money to flow like a huge river.

Perhaps, some type of balance is obtained if those with the dough turn around and offer a benefactor's hand to the less fortunate. I wonder if Buffett could take time to discuss, and look at, a sustainable economy (I don't mean more for your pocket, Warren)?

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It is obvious that some type of insight goes along with the luck. Can that be taught? Well, plenty seem to think so (there are many buying the training, many offering the training). Too, the reward may go to the risk, yet there is risk and risk. What we have seen, more than necessary, is risk spilling over to others, of late. In fact, what risks can be associated with our mortgaging the financial lives of those to come?

Remarks:

07/22/2015 -- Some of these are, now, poster boys.

05/17/2011 -- Golden sacks (leftmost mug of the rogue table), by Rolling Stone and Daily Ticker.

04/20/2011 -- Simple living (see Remarks 04/15/2011 - game theory), as opposed to greediness.

03/23/2011 -- The hopes spring, again, forgetting, of course, near-zero, all because of M&M. See the real story. But, Big Ben ought to know better.

03/16/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

02/24/2011 -- People matter.

02/16/2011 -- Ah, yes. The morning's paper has a couple of stories that we'll have to expand upon. We did miss the 'nationalization' chance two years ago. Too bad.
  • NYSE's moves -- as the thing says, computers run (rule) the realm. Which means, essentially, the fat cats, and their techie wizards, collect their fees (huge sucking machine).
  • Golden sacks -- speaking of fees, and windfalls (Gravy train?).
  • Middle class -- disappearing act
Both of these are only a small sampling of many things that ought to be looked at.

Modified: 07/22/2015

Tuesday, February 1, 2011

The real basis for capitalism, III -- technology

Moral: Wherein we continue the slow trek toward a position that is reasonable, and well-founded (knowledge, imperatives) with regard to that which everyone would hope is fair and just; we do this in order to honor Adam Smith and other thinkers.

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As with knowledge, there is much to look at with respect to technology and economics. Going from an assumption that capitalism and democratic principles have an almost visceral connection to human nature will give a very broad basis indeed for us to work with.

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However, for starters, let's look at a list, albeit seemingly disjoint, of topics of interest to the topic.
  • We all know what has happened since the US DOD let TCP/IP loose upon the world in terms of an explosive growth toward ubiquitous communicating and computing, with one recently emergent player (relatively - in time) now having hundreds of millions of registered users. The success of that realm, related to virtual spaces, helped spawn outhousing, new ideas, idiotic notions that lead toward zombies (those to whom cyberspace is more real than their own butts), and much more. That metric properties would be interesting ought to have been foreseen. Such numbered looks have a life of their own, somewhat. But, they can be more fun than that hype which the market information (these tell us little about value, see Remarks 02/01/2011) systems spin out daily. Even with its huge user base, Facebook is not number one. Yet. Right now, Google accounts for several Top Sites entries.
  • Now, we have users, and we have developers. Many in the former camp (for the latter, see next bullet) have no clue about what is going on under the hood; nor, is there any apparent way to generate any interest (surmised by usage patterns of the many). Yet, 'code as reality' (and this is from an old guy here who has done computational mathematics for a few decades upon the ever-changing technical frameworks that evolved during the period) suggests that some modicum of interest will be required (truth engineering). That is why educational efforts will (ought to) be of interest. Phil Greenspun's report on his database class is an example. Besides the technical issues, Phil considers related matters, such as the NoSQL concept (mentioned solely for the fact that no technical topic is without some type of controversy - ah, human nature, again). And, Phil's ideas about economic problems will be used to add to the discussion.
  • Now, for the second class (developers), not all are out for finding the 'killer app' or for oodles of monies (frankly, simple living, mentioned here before, needs some attention), though effort ought to have some reward that is measurable renumeration'ly. So, who are developers? At one time, they were nerds mainly. That has changed (and can further). So, we have many types. But, let's take Quants (please do) who are they who help 'fat cat' old guys screw the public (yes, let's discuss that, you guys and gals). Now, this old guy has taken some comfort in the fact that undecidable (via the difficulties related to entailment in the real world) walls are not possible to climb. But, from time to time, there are steps forward, such as Karmarkar's work. Yet, those with huge problems still had to be creative in trying to find efficient methods. Then, there is the SOS approach that looks to overcome a whole lot of problems involved with complexity. Of course, the wall hasn't tumbled (unlike the one at Berlin, this is wall is not of human origin). But, hopefully, this work can be used to improve the outlook for both the user and the developer.
  • Using Phil again, and applying some metaphoric link twixt planes and economies, we have this argument related to software flying planes. In case you haven't heard, boys and girls, the capitalists want to have lights out everywhere (factory, cockpit, ...). What are we mere humans to do to support ourselves, be consumers, have a family, etc.? Or, to put it bluntly, the economy is really our's, not their's. Anyway, planes fly by control. People usually make the decisions about those controls in order to effect some purpose. And, planes, while being a system of complicated pieces and not for the novice (lots of training and practice required), are less complex than an economy (or even pieces of an economy). We try to control things economic; how well does that work, Big Ben? Too, though, with things economic we have seat-of-the-pants operations (or is it fly-by-night?) to complicate matters. Where can there be any scientific, and engineering, effort (consider this rhetorical, but please try to think about sandboxes and their necessity)?
  • ... 
Remarks:

07/30/2013 -- The future: economy and technology.

06/11/2013 -- CDOs and tranching, once again.

06/05/2013 -- Singularities (understanding how and why these arise, how to manage) will be of extreme importance. Hint: related to computability but concerned more with what might be termed "vertigo" (subtle, yet not).

05/28/2013 -- Discussion will continue under cosmology of business. This has been a popular post, of late. It is an open subject that will be looked at again and again.  

11/15/2012 -- SumZero, and more.

04/20/2011 -- Simple living (see Remarks 04/15/2011 - game theory), as opposed to greediness.

04/03/2011 -- Need to look at some background. Too, tranche and trash.

02/26/2011 -- Technology will be important. But, for the benefit of people.

02/01/2011 -- Note, we'll get to comparative advantage (See Comments at Phil's post on Ford's giddy investors), to boot. Here is an on-line book about theory of trade.

Modified: 07/30/2013

Thursday, January 27, 2011

Chimera, again

Moral: Wherein we stop to reflect, now that the chimera's sirens are calling again to the hapless to put their money on a shaky foundation since Big Ben continues with his sacking of the savers and with his infatuation with collecting toxic assets (see Remarks, 02/01/2011).

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As such a move may imply more effort than the mere look back, to wit 7oops7 and truth engineering, which could be claimed to be a space-filler, though we did earlier succumb to the temptation.

--

There have been some recent developments that need to be considered. So, we'll be getting to those. For now, here's a list.
  • From a technical sense (read Quants), the SOS approach looks to overcome a whole lot of problems involved with complexity which exacerbate some basic issues. Yet, using an intuitive approach (which is suspect in certain circles), one has to think that projections squish some part of reality (we'll get to how, and why, the best-and-brightests' overlay on the rest of the populace grates) while lifts trample (due to the assumptions that go into such -- oh, by the way, the chimera is an example of a 'lift').
  • The FCIC. Oh, much to say about this (see 2008 (4 posts) bullet). Wait, did the committee finger the contributions of King Alan and Big Ben? Too, mania can be used; it was fostered by giddy belief in the gilded wizards of the modern age.
  • China will continue to play a large role. The combined count of the impoverished there, and in India, is double the population of the US. Yet, we envy them. Of course, is our house clean (next bullet)?
  • In November, the voters went red, again. We are now under the regimes thereby elected. Are any of us angels? On the other hand, does anyone even think about beyond reproach, anymore? This story tells many tales. It is 'nuf just to point to it.
  • ...
  • See Remarks: Also, the issue of value/worth (and money) is still open (Davidowitz' take). Anyone for culprits? Anything done for the systemic issues?
  • ...
Remarks:

10/05/2012 -- Yes, yes, chimera it is.

08/04/2012 -- I can hear it: with the DOW over 13K, what are you talking about using 'chimera'? Well, look at the dire warnings, for one. Are you looking at FB as a poster boy? We'll get technical and explain the problem. Do we have a solution, at this time? Yes, essentially.

01/27/2012 -- Ben will continue to sack the savers; he must love the ca-pital-sino.


04/01/2011 -- The last man wants the old days back.

03/23/2011 -- The hopes spring, again, forgetting, of course, near-zero, all because of M&M. See the real story. But, Big Ben ought to know better.

03/16/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

02/01/2011 -- Davidowitz says that the Fed is driving people toward the riskier side. We know where that leads, namely bigger fill for the pockets of those who run the game. Granted, these types can then spend, yet with the majority of the populace enslaved by chains of debt (including that yoke which is on the whole country), does that a sustainable economy make?

Modified: 10/05/2012

Monday, January 17, 2011

The ideological errors of capitalism, VII -- wealth

Moral: Wherein we consider that how 'wealth' is handled can be problematic, yet it will be, by necessity, a very important factor in any attempt to frame a better basis for capitalism.

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Ideological errors:
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What exactly is this 'wealth' that is referenced? Remember the train that was mentioned earlier? Some think that this mythical train carries the wealth. However, near-zero says not.

There may have been a lifting of the markets, in response to the efforts of Big Ben and others to shore up the game. As we all know, the Street was given life support by Main Street and the people (such as, the savers who were sacked, severely).

Now, the merry-go-round is brightly shining again, attracting more money. You know, that fills the pockets of those running the game. Ever heard of the advantage of the house? Somehow, the system, and the thinking, behind the chimera took on the flavor associated with Las Vegas without any peep from the populace (or those who are to be watching out for the populace).

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Everywhere one looks in the US, debt is stacked up. Except, for those who were able to grab assets. Some of these were just smart and live within their means. Others, the few, gobbled while things were good. The many? It is seriously bad, folks. However, the situation is not without some type of remedy, if proper choices are made. For one, the daily dancing on the merry-go-round needs some serious attention; that is, that which the moneyed do not want is what needs to be looked at closely. How?

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So, again, what is wealth? It might be time to tackle that subject, but, first, let's review the litany of ideological problems in reverse order of the original posting.
  • Classism - There is nothing more autocratic than a large corporation's thinking about its employees (ah? detect some notion of corporate as a being? were we not told that by the Supreme Court?). You see, employees are mere labor. It's the fat cat, with the capital, who is the sum of all things in this paradigm. Of course, those who tout progressive ideas say that everyone (or, anyone), then, ought to own capital. The problem? The takeaway nature of the underlying game is heavily weighted to those who skim off the top.
  • Ill cultured-ness - So, not only are workers exploited, many times it is in unconscionable ways. For instance, what cry was raised about conditions that led to I-Phone suicides (mentioned briefly in the New Yorker)? Wait, come to think of it, except for the show about the under-cover boss, who even cares about the daily toils of the multitudes who create the life of ease?
  • An abundance of absconders - As mentioned above, plenty do attempt to rise out of their straits yet fail. You see, pilfering (in terms of organized 'ponzi'ed' schemes) abounds. The real grief is that the malfeasance is couched in terms that dishonor mathematics (there are many to blame for this -- essentially, those who are without innumeracy, that is, they of the best and brightest (supposedly) have superpositioned idiocy (this will be explained fully, in time) on the rest of us (let's say, a numerant can understand 'being' which innumerant, okay?) while those who ought to know sat on their hands).
  • Prevalence of shell games - Street corner tactics, many of which are illegal (would have the keystone kops after there perpetrators), have been allowed under the guise of business as usual (as if that whole set of darwinian notions was strong -- who is there who is not blinded by the sirens of wealth, money, etc.?).
  • Unconscionable exploitation of Adam Smith - Adam knew the failings of 'free markets' quite well. He knew a lot more than that. Ought we to think that those who argue the 'invisible hand' are in mind to simulate that via computation (controlled by themselves - with appropriate skimmings, to boot) and funny money (gab standard and all)?
  • Ca-pital-sino - How is it that the guise of business, as usual, has turned to gaming as if this were the epitome of the long trek to civilization for which our ancestors labored so hard?
  • Gravy train - The spoils go to those who take risks, we were told, within a framework that allowed essentially silly ideas to be cast forward as brilliant. Yes, bet the dinner, as mommy/daddy will clean up the mess. Did we learn anything from our recent exposure to downturns (bubbles popping)? Well, some things came to fore: privatization of gain/socialization of loss, ...
  • ...
  • A new game -- this was written on Sept 22, 2007. What was the smell then? Were there early warnings of the downturn? The focus was on using a real project, like a new airplane, to talk about issues of economic systems (those things manipulated by the cream skimmers, okay?) that turn out to be so deleterious to the common man. That type of query, naturally, leads to issues like the cyber-physical. You see, money is more cyber than physical (those bills and coins are mere artifacts, worthless without the underlying system).
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Albeit, some of the problem is that computation covers a whole lot of mischief. Made-off is our best example of this (how many years did his silly, in retrospect, bluffing win out (we need to get into the psychology of that whole bit of idiocy)?).

Guess what? Computation is the core; unfortunately, that core is more of a utility than has been realized. Right now, it's a pot of gold into which are thrust several hands (yes, goldman, your ilk) daily extracting out mountains of cream for the elite.
  • Aside: From 07/31/2009 -- Wait! More exposures: "computers, some housed right next to the machines that drive marketplaces like the New York Stock Exchange, enable high-frequency traders to transmit millions of orders at lightning speed and, their detractors contend, reap billions at everyone else's expense." To anyone who isn't at Goldman Sachs or the like, does that appeal to you as the way that we ought to be handling our beans?
The necessary functions will require the stamina of one who has taken a vow of poverty (let's, for now, use simple living) and who is not seduced by the sirens related to high living (as in all of these financial centers in the world full of those who are not to run the core system).

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Market holidays, such as today, afford us an opportunity to look at the game for what it is.

Let's put it this way. If we built houses as we allow the market to be built (inflated by air), we would have to re-build quite often. We can attempt to put a timeframe on how long a house stood by looking at the crashes of the past 15 years.

Granted exogenous shocks were a large factor. Yet, it's like the child's story of the wolves blowing down the house.

Since we do know how to engineer, we can apply this knowledge to the economy. However, folks, it would not be 'financial engineering' (not in its current manifestation - sorry, professors, your best-and-brightest are one big problem to the rest of the populace).

Remarks:

01/08/2019 -- Added in the index of posts on this subject.

09/21/2011 -- On Wealth and the CEO MVP.

05/25/2011 -- Lemons problem, dark pools, ... Oh, so much to look at!

04/20/2011 -- Simple living (see Remarks 04/15/2011 - game theory), as opposed to greediness.

04/03/2011 -- Need to look at some background. Too, tranche and trash.

03/22/2011 -- It's spring, and the garble uses gambling metaphors.

03/16/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

03/11/2011 -- Wired asks, ought we care?

02/24/2011 -- People matter.

01/27/2011 -- The chimera shines.

Modified: 01/08/2019

Monday, January 3, 2011

Roadmap for Growth

Moral: Wherein we stop to look at what's being offered by the Business Roundtable in order to better continue discussion of the ideological basis for capitalism and to try to introduce what is necessary - a Magna Carta equivalent to dampen these people's enthusiasm for exploitation.

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In particular, a good place to start is the recent Roadmap for Growth (see commentary by The Economist). They're actually talking 'better-paying jobs for American workers' as if that is of prime concern to them.

Well, let's see, they do talk ethics (under the guise of Public Trust). A search on the site brought up 100 hits. I'll have to poke around and see if this effort was mostly a 'paper tiger' over the past 3 decades. A whole lot of negative business stuff has passed under the bridges during the their time. I don't recall any hand slaps by these guys/gals (mutual admiration society?) on those who are malfeasant.

Too, these are those who run things (the set that takes oodles of pay as given). But, they do deserve an unbiased reading of their material. Also, they exemplify the top-down view. As we all know, truth is middle-out with a heavy taste of the bottom.

Anyway, it'll be fun to look further at all of this stuff.

---

The Economist says that these are the big boys of the conservative bent. There is the Chamber of Commerce, too, who collects those of the more normal size. We need to consider their take, to boot.

---

Needless to say, the point here is that there are those of sufficient talent, with appropriate aptitudes (and probably better attitude) about simple living, and with deep concerns for business ethics and for the well-being of the planet (and its inhabitants), and so forth who can do as well as (perhaps, even better than) this favored crowd in all matters except for a few. For instance, preening, being catered to, etc. seems to be a necessity for the position. Why (rhetorically presented, of course, as we'll discuss this more fully as things unfold)?

Remarks:

05/17/2011 -- Golden sacks (leftmost mug), by Rolling Stone and Daily Ticker.

01/06/2011 -- It is interesting that Jim M, whose company makes oodles off of the taxpayers' money, would be in the line of those with the gall to tell us, via our representatives, what they think is what we ought to do. Jim M? What were you thinking?

01/03/2011 -- Two years ago, a collective mug shot like on this page was labelled rogue table. What is different now? Oh yes, these are the New Kings. Their reign? Those virtual entities that have no boundaries in the geographic, or traditional, sense. That is why we need the Magna Carta. Their quandary? Within any political bounded state, they are princes (if that) and feel that they need to protect their turfs, and remuneration. What are the rest of us? Mere resources to be exploited. Ah, they ought to consider that many have more brains in one head (sorry, Grigori, only using you as an example and, perhaps, a metaphor that we need to understand) than they have in their collective lot.

01/03/2011 -- When one looks at the tone of the plan given to the government, and the demands, it's like these people forget that their idiocy created the recent downturn (not just the finance people, folks, as many pushed for book cooking, financial wizardry, etc.). Talk lack of humility. Somehow, business is equated with crap; is that what you American companies want? Why don't you lead the world in ethical business practices, being green, etc.?

Modified: 05/17/2011

Saturday, January 1, 2011

2nd December

Moral: Wherein we mimic the look at a couple of 4ths: 'Oops, etc. and truth.

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We've been at it enough to have two last posts for a year. It might be interesting to look at these with some commentary, starting with the one for 2009.
  • 2009 (11 posts) -- Year-end recap -- Yes, those who do not suffer innumeracy ran amock, as if this was their right due to their higher-order insights. Yet, many with innumeracy have better ethical, and practical, sense. How is this, that mathematics (that old queen) has been so mis-abused? Well, it is our task, in part, to talk this issue. The trouble? Those who are so smart have no conception of undecidability (oh, they have learned work-arounds) or of entanglement (ah, this I do not understand as they cry over humankind's non-particle-ness - but, then, Godel gives them inconsistency as an out).
  • 2010 (4 posts) -- What is truth? -- Somehow, the monied players have misused notions from biology (to wit, evolutionary theory) as their chief argument for being a**es. Then, Adam has been abused, to boot. Now, do we hear that they do not want any ethical overlays or concerns? Ah, that would un-fun the games, would it not? Yet, we have the right to want to know if someone is pushing us toward perdition-laden paths. Actually, the daily clamor of business covers a whole bunch of mischief. How did this come to be?
--

Dismal? Oh, let us count the ways.

Remarks:

12/29/2012 -- Summary - 2012.

02/26/2011 -- Added links to each month's archive.

02/08/2011 -- A topic of a year ago: there was a report today concerning a study on the SUA problem that has been going on quietly. More news will be coming later when the report is technically analyzed.

01/27/2011 -- Added post counts by month by year. Also, the chimera shines. How did I miss Grandsons of Samuelson?

01/24/2011 -- Here are a couple of related items.
01/02/2011 -- One basic problem is that systems are in place, and in development, whose consequences are not scrutinized beyond their ability to fill certain pockets. Oh, let the boys play. Is that the attitude? While, all around, our butts, and those of our progeny for generations, are sliding further into the mud. Way to go, smart guys and gals.

Modified: 12/29/2012