tag:blogger.com,1999:blog-22973357.post8942354996778191280..comments2023-09-27T07:44:19.769-04:00Comments on Sabine Hossenfelder: Backreaction: Parallel WorldsSabine Hossenfelderhttp://www.blogger.com/profile/06151209308084588985noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-22973357.post-62598015045369082812008-09-24T23:21:00.000-04:002008-09-24T23:21:00.000-04:00If it's any comfort, Isaac Newton took a bath in t...If it's any comfort, Isaac Newton took a bath in the South Sea bubble. He actually sold out at a profit, but then reinvested when the shares kept rising in value. Then, the bubble burst. Luckily, he had his day job at the royal treasury.<BR/><BR/>In the short run, economic systems run exponentially, but as in many systems, there is always something being consumed to drive the exponential behaviorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-24657613456618257292008-09-24T12:44:00.000-04:002008-09-24T12:44:00.000-04:00Trade Flows and the Bail out?Not much more can be ...<A HREF="http://eskesthai.blogspot.com/2008/09/trade-flows-and-bail-out.html" REL="nofollow">Trade Flows and the Bail out?</A><BR/><BR/>Not much more can be said here in this regard. I offer the question in mind of one seeking and declaring "independence again" which I perceive was exhibited in the growth and historical drama of that countries democratic birth.<BR/><BR/>Of course, not all will PlatoHagelhttps://www.blogger.com/profile/00849253658526056393noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-54531118340254076912008-09-24T00:21:00.000-04:002008-09-24T00:21:00.000-04:00[i]I'm indicating that since behavior is (at least...[i]I'm indicating that since behavior is (at least largely) non-conscious, then a system must be 'realised' that is simpler, yes, but also autonomic.[/i]<BR/><BR/>........your body is a full-body exercise <B>machine</B> heh heh:)<BR/><BR/>What's "out of date" twice now, I'll have to record this. "<A HREF="http://en.wikipedia.org/wiki/Image:Chemical_synapse_schema.jpg" REL="nofollow" TITLE="PlatoHagelhttps://www.blogger.com/profile/00849253658526056393noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-73997406437055947502008-09-23T17:55:00.000-04:002008-09-23T17:55:00.000-04:00Back at you, Bee:I'm indicating that since behavio...Back at you, Bee:<BR/><BR/>I'm indicating that since behavior is (at least largely) non-conscious, then a system must be 'realised' that is simpler, yes, but also autonomic.<BR/><BR/>Simpler, in dispensing with emotional attachment to things, dispensing with culture, etc. Or, more aptly, transcending both culture and gender.<BR/><BR/>These would enable a lack of interest in (perpetuating) pop bellamyhttps://www.blogger.com/profile/12243108422389386105noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-52581908151395352852008-09-23T11:24:00.000-04:002008-09-23T11:24:00.000-04:00Hi Kay,Not sure I'm the right person for that, but...Hi Kay,<BR/><BR/>Not sure I'm the right person for that, but yes, my email is sabine at perimeterinstitute dot ca. Best,<BR/><BR/>B.Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-17273484263053298542008-09-23T11:22:00.000-04:002008-09-23T11:22:00.000-04:00Hi Bee, I actually got an ansatz how set up the la...Hi Bee, <BR/><BR/>I actually got an ansatz how set up the laws of economy. This sounds like I am a bit grandeur. But I don't think so. But may be it's better to do this at least initially not on your blog.<BR/><BR/>Can I write you an email ? If yes, I should be able to look it up on perimeterinstute.ca, right ?<BR/><BR/>Regards<BR/><BR/>KayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-80013093720733847202008-09-23T10:27:00.001-04:002008-09-23T10:27:00.001-04:00Hi Bee,I got it. That's logical. Indeed simplyfing...Hi Bee,<BR/><BR/>I got it. That's logical. Indeed simplyfing the system is quite a very good idea. <BR/><BR/>However as you might already encountered that means you have to find very good basic rules. And this means there is a lot to do. Frank Tipler writes in his book: "The physics of immortality", that science will have no end... I guess he's write and I believe too what also writes: Life will Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-3993121486934763402008-09-23T10:27:00.000-04:002008-09-23T10:27:00.000-04:00On pushing science into the social studies:http://...On pushing science into the social studies:<BR/><BR/><A HREF="http://colonial.consciousness.googlepages.com/%22...weshallnotceasefromexploration...%22" REL="nofollow">http://colonial.consciousness.googlepages.com/%22...weshallnotceasefromexploration...%22</A><BR/><BR/>Long, but worth reading, I think.Arunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-72938364254925060882008-09-23T06:00:00.000-04:002008-09-23T06:00:00.000-04:00Hi Kay,Yeah, as I like to say, the scientific revo...Hi Kay,<BR/><BR/>Yeah, as I like to say, the scientific revolution is unfinished. The natural sciences have made a tremendous amount of progress in the last four hundred years and are pretty well incorporated into our daily lives (think e.g. of drug tests, architecture, airtravel etc and how many concepts of the natural sciences are necessary to make them safe and useful). Not so with the social Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-29951175565587542502008-09-23T05:47:00.000-04:002008-09-23T05:47:00.000-04:00Hi Bellamy,I agree with you on that. That's why I ...Hi Bellamy,<BR/><BR/>I agree with you on that. That's why I was talking about simplification. See, the whole strength of the free market in contrast to a planned economy is that it operates with something enormously simple: individuals looking for profit, no need to make predictions over several years that will inevitably turn out wrong. That idea however only works properly if the individual Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-71835393989114214562008-09-23T00:27:00.000-04:002008-09-23T00:27:00.000-04:00Bee, I'll be a little more specific. I don't assum...Bee, I'll be a little more specific. I don't assume free will, but rather feel that we operate in ways we may be aware of, and that generally these ways have variable likeness in cases, and varible compatibility in other cases.<BR/><BR/>It's really a matter of emotional capability of an entity to absorb and incorporate data (sensory, conceptual, etc) they encountre. It may be in any certain case,bellamyhttps://www.blogger.com/profile/12243108422389386105noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-81278664282833779652008-09-22T20:50:00.000-04:002008-09-22T20:50:00.000-04:00Hi Bee,yes, I guess you are right, that politics s...Hi Bee,<BR/><BR/>yes, I guess you are right, that politics should communicate with scienctists of all color and with society. This would definitely improve the 'system' economy. May be some blogs are already 'under construction', which are devoted to this issue.<BR/><BR/>Like you I do believe, that one has to simplify the problem properly. We know that physicists usually do (or at least try) thisAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-23283334499002478422008-09-22T17:36:00.000-04:002008-09-22T17:36:00.000-04:00Hi Bellamy,I found it quite interesting to read th...Hi Bellamy,<BR/><BR/>I found it quite interesting to read that research shows simply reminding people to be rational does indeed improve rational decisions. Similarly I am convinced educating people in what their economical system is good for, how it works, and what they should pay attention to could significantly improve the situation. For example it is a mystery to me why millions of people Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-11630384806665381962008-09-22T17:19:00.000-04:002008-09-22T17:19:00.000-04:00Hi Kay,I never said it was easy. But do you really...Hi Kay,<BR/><BR/>I never said it was easy. But do you really think there is enough effort invested into the question? My suggestion is: if you don't understand the system, make it simpler. The economical system is not god-given, we make it ourselves. It is supposed to help us, not to scare us. The problem is that there are too many people pushing it towards more and more efficiency, increasing Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-90332082433521168852008-09-22T17:05:00.000-04:002008-09-22T17:05:00.000-04:00Well, if they're actually listening to you with th...Well, if they're actually listening to you with the intent of comprehension, then good.<BR/><BR/>1. Yes, most humans use crude metaphorical tools to try - TRY - to understand things.<BR/><BR/>2. Yes, humans are like fuckin gorillas. As Greg Bear says, even the doing of math is a biological function. The issue is for the range of function allowed by biology to not be so base as gorilla behavior. bellamyhttps://www.blogger.com/profile/12243108422389386105noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-80962747223436789632008-09-22T13:48:00.000-04:002008-09-22T13:48:00.000-04:00Hi Bee,I think, all are jumping around the problem...Hi Bee,<BR/><BR/>I think, all are jumping around the problem. How to describe such a system in a simple model ? Non-linear response theory. <BR/><BR/>I don't believe I can present here the solution, but my idea is something to think about. Obviously the whole system contains several time scales. If one is able to identify (at least some of) the different time scales, this would be a big step. <BRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-86463446912394708452008-09-22T13:29:00.000-04:002008-09-22T13:29:00.000-04:00Dear Bee,http://www.edge.org/3rd_culture/taleb08/t...Dear Bee,<BR/><BR/><A HREF="http://www.edge.org/3rd_culture/taleb08/taleb08_index.html" REL="nofollow">http://www.edge.org/3rd_culture/taleb08/taleb08_index.html</A> on the limits of statistics. Very important, IMO. <BR/><BR/>Best,<BR/>-ArunArunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-13357580052510202222008-09-22T09:27:00.000-04:002008-09-22T09:27:00.000-04:00BeeWhat collapsed was ponzi scheme. This ponzi sch...Bee<BR/><BR/>What collapsed was ponzi scheme. This ponzi scheme was a conspiracy of Wall Street,Hedge funds,the banking system and the Republican and Democratic parties.<BR/><BR/>And when Americans become financially destitiute, how will they afford to eat?<BR/><BR/>One of the things that I find disgusting on the math and physics blogs is the incessant worshipping of Renassaince Technology CEO Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-33549153919726896512008-09-22T08:45:00.000-04:002008-09-22T08:45:00.000-04:00Indeed, Arun, I agree on what you say. What stuns ...Indeed, Arun, I agree on what you say. What stuns me is the amount of irresponsibility in this process. A working economical system is necessary for the well-being of billions of people on the planet but its organization is based on faith and rethoric instead of being based on science and historical knowledge. Under such circumstances, why is a disaster like this surprising? Even I with my Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-77021634780343154582008-09-22T08:26:00.000-04:002008-09-22T08:26:00.000-04:00Dear Bee,On Peter Woit's blog you wrote a post inc...Dear Bee,<BR/><BR/>On Peter Woit's blog you wrote a post including "In fact, what’s happening right now is that necessary learning process taking place, just that a major crisis was necessary to draw attention to the shortcomings...."<BR/><BR/>What is scary is that the major crisis that took place where the key learnings were made happened in the 1930s. The last decade has seen however the totalArunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-79857084385353268222008-09-22T07:44:00.000-04:002008-09-22T07:44:00.000-04:00One can only burp so much among suits.Best line I'...<I>One can only burp so much among suits.</I><BR/><BR/>Best line I've read all day! It has a certain Vonnegutian quality to it...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-6219578828614807832008-09-22T05:15:00.000-04:002008-09-22T05:15:00.000-04:00Hi Kay,a major problem is the non-exisistence of a...Hi Kay,<BR/><BR/><I>a major problem is the non-exisistence of any proper regularization by means of some institution.</I><BR/><BR/>We have plenty of institutions that are meant to make sure competition is fair and free and doesn't potentially result in an existential crisis for millions of people. In Germany the respective institutions are the <A HREF="http://de.wikipedia.org/wiki/Bankenaufsicht"Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-47008933522609896082008-09-21T21:56:00.000-04:002008-09-21T21:56:00.000-04:00Hi,I think a major problem is the non-exisistence ...Hi,<BR/><BR/>I think a major problem is the non-exisistence of any proper regularization by means of some institution. That means, if there are no proper restrictions on freedom how to act in the finance world, the next crisis will be happen in some years or so. (Remember the dot.com crisis in 2001)<BR/><BR/>Regards<BR/><BR/>KayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-48245250908825148792008-09-21T21:07:00.000-04:002008-09-21T21:07:00.000-04:00Dear Bee,On National Public Radio, I heard a story...Dear Bee,<BR/><BR/>On National Public Radio, I heard a story by a Shankar Vedantam, that briefly goes like this. Consider the proposition "reducing taxes increases government revenues". A bunch of (American) conservatives was polled, 35% believed in this proposition. They were then told that the Bush Administration believes in this proposition, and were given refutations of this proposition byArunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-74614272512257019892008-09-21T20:40:00.000-04:002008-09-21T20:40:00.000-04:00Dear Bee,My list is what I think lies behind dysfu...Dear Bee,<BR/><BR/>My list is what I think lies behind dysfunctional or very sub-optimal organizations. Presumably an organization with the ability to learn at an organizational level can overcome these.<BR/><BR/>But I do not think this is in any way a complete list.<BR/><BR/>-ArunArunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.com