tag:blogger.com,1999:blog-22973357.post1686533043337901790..comments2023-09-27T07:44:19.769-04:00Comments on Sabine Hossenfelder: Backreaction: This is your economy on drugsSabine Hossenfelderhttp://www.blogger.com/profile/06151209308084588985noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-22973357.post-34916963049575106692009-02-23T13:01:00.000-05:002009-02-23T13:01:00.000-05:00You should read some Mihalyi Csikszentmihalyi. He...You should read some Mihalyi Csikszentmihalyi. He points out that there seems to be a reward system linked to discovery and learning, and suggests that culture and law should be designed to channel people towards that reward system, and away from more "entropic" (his quirky use of the term) rewards.Michael F. Martinhttps://www.blogger.com/profile/15279501532684851571noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-76479782037239089282008-10-16T21:12:00.000-04:002008-10-16T21:12:00.000-04:00Hi Bee,Perhaps you're right -- Soros' quote has no...Hi Bee,<BR/><BR/>Perhaps you're right -- Soros' quote has nothing to do with trickle-down theory. However, I do know that he's an outspoken critic of this theory.cynthiahttps://www.blogger.com/profile/01031186235906175633noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-48991068678619994352008-10-16T21:05:00.000-04:002008-10-16T21:05:00.000-04:00Stefan, forgive me for spelling your name wrong.:(...Stefan, forgive me for spelling your name wrong.:(cynthiahttps://www.blogger.com/profile/01031186235906175633noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-84010451472523059252008-10-16T21:01:00.000-04:002008-10-16T21:01:00.000-04:00Hi Stephan,I imagine that trickle-down theory does...Hi Stephan,<BR/><BR/>I imagine that trickle-down theory doesn't work either when it comes to how weight is distributed throughout the population: the fatsoes remain concentrated at the top, while the skinny-minis stay concentrated at the bottom.;^)cynthiahttps://www.blogger.com/profile/01031186235906175633noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-10614108336581024302008-10-16T20:03:00.000-04:002008-10-16T20:03:00.000-04:00Hi Cynthia, Stefan,Yes, trickle-down is quite obvi...Hi Cynthia, Stefan,<BR/><BR/>Yes, trickle-down is quite obviously nonsense. Even if it should work in some cases, it is dependent on the redistribution of wealth through taxes so could only hold under certain circumstances that one better makes sure are indeed realized. Besides this, evidence quite clearly speaks against it, just look at the statistics about the income gap between the rich and Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-41061284709210346442008-10-16T18:19:00.000-04:002008-10-16T18:19:00.000-04:00Hi Cynthia,ah, that's trickle-down theory - I'm le...Hi Cynthia,<BR/><BR/>ah, that's <A HREF="http://en.wikipedia.org/wiki/Trickle-down_economics" REL="nofollow">trickle-down theory</A> - I'm learning a lot from reading our blog ;-)<BR/><BR/><BR/>BTW, this week's Science has a <A HREF="http://www.sciencemag.org/content/vol322/issue5900/cover.dtl" REL="nofollow">cover story</A> about the reward circuit for hunger and eating, and its relation to stefanhttps://www.blogger.com/profile/09495628046446378453noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-16891660740292791762008-10-16T16:49:00.000-04:002008-10-16T16:49:00.000-04:00"There is a common interest. And this belief that ..."There is a common interest. And this belief that everybody pursuing his self-interests will maximize the common interests or will take care of the common interests is a false idea."<BR/><BR/>Stefan,<BR/><BR/>This quote you found by George Soros is the very reason why trickle-down theory is a bunch of hogwash!cynthiahttps://www.blogger.com/profile/01031186235906175633noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-68762028362618139922008-10-14T22:36:00.000-04:002008-10-14T22:36:00.000-04:00(I am systematically persecuted on this blog for i...<I>(I am systematically persecuted on this blog for it)</I><BR/><BR/>You don't have to be here, you know. It is like stepping into somebody's house and then yelling "persecution".Arunhttps://www.blogger.com/profile/03451666670728177970noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-81084797871262691992008-10-14T13:45:00.000-04:002008-10-14T13:45:00.000-04:00Very good, Rae Ann. At last something truly “incor...Very good, Rae Ann. At last something truly “incorrect”, impolite, inconvenient truth (I am systematically persecuted on this blog for it). You're right: it's the end of your world, but that's not bad at all because for this species only the end can give rise to the beginning! And a change is necessary in any case: this society has been rotten and decaying for a long time already. Even if they Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-22067242428313012492008-10-14T12:22:00.000-04:002008-10-14T12:22:00.000-04:00I'm most disappointed about all the governments "e...I'm most disappointed about all the governments "enabling" everyone by pushing more and more credit. If I had to pick a most harmful of the economic "drugs" it would be the credit orgy that all the bailouts are trying to keep going. It just looks wrong to me that they are encouraging people to continue borrowing more than they can afford. It is probably the painful but necessary withdrawal Rae Annhttps://www.blogger.com/profile/10239791074376508016noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-53660128612031219672008-10-14T06:15:00.000-04:002008-10-14T06:15:00.000-04:00Hi Bee,A wonderfully thoughtful piece of which I f...Hi Bee,<BR/><BR/>A wonderfully thoughtful piece of which I find little that could be argued. In essence what you are saying is that reasonable compassion should be somehow built into our economic model, planning and execution. One difficulty however being in effect the model that we are trying to alter has placed as its very foundation to have the checks and balances not based on planning for Phil Warnellhttps://www.blogger.com/profile/15671311338712852659noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-50278057038086217042008-10-13T11:29:00.000-04:002008-10-13T11:29:00.000-04:00You're missing two main points on the subjects you...You're missing two main points on the subjects you discuss here.<BR/><BR/>(1) What your own (preferred) addictions are (something original is of interest, of course, beyond money, sex, etc.).<BR/><BR/>(2) What you propose exactly as the necessary Scientific Revolution detailed <I><B>content</B></I>. If it's really a revolution as stated, it should be <I><B>qualitatively</B></I>, dramatically Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-73186236335263463012008-10-13T10:34:00.000-04:002008-10-13T10:34:00.000-04:00Bee writes:A detection that should not be hindered...<B>Bee writes</B>:<I>A detection that should not be hindered by faith-based argumentation, should not be tampered with by rhetoric, should not be driven by psychological effects. It requires a solid data base, shared knowledge, objective evaluation, and validation of models and predictions. In short, it requires a scientific method to reestablish trust in the working of our political and PlatoHagelhttps://www.blogger.com/profile/00849253658526056393noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-71287318477815875222008-10-13T02:15:00.000-04:002008-10-13T02:15:00.000-04:00Ahem, let me append that. Of course a nation's gov...Ahem, let me append that. Of course a nation's government feeds into this system, but they are just obeying the same signals as everyone else, albeit at a more influential level.bellamyhttps://www.blogger.com/profile/12243108422389386105noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-77326380841778402042008-10-13T02:13:00.000-04:002008-10-13T02:13:00.000-04:00Man, I take a hiatus and I come back to something ...Man, I take a hiatus and I come back to something that's just calling for me to come back. Niice.<BR/><BR/>Anyways - No, ya all are missing Chomsky's meaning. He's merely pointing out the function of the system. It's implied that this is its nature. No government help needed.<BR/><BR/>As to answering the main question - well, can I do it again in a fresh manner? - I'll do so by addressing bellamyhttps://www.blogger.com/profile/12243108422389386105noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-62549914593781718702008-10-12T13:50:00.000-04:002008-10-12T13:50:00.000-04:00The world suddenly discovers it is Officially $530...The world suddenly discovers it is Officially $530+ trillion in the hole. Frantic G7 meetings with Bush the Lesser sum to a Three Stooges retrospective. Remember how ancient Rome effectively handled Spartacus & Co, as punishment and as meaningful warning to future scofflaws. Hiroshima and Nagasaki have similarly kept the nuclear genie bottled - and for the same timespan.<BR/><BR/>If you Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-17599903280035108532008-10-12T11:15:00.000-04:002008-10-12T11:15:00.000-04:00Hi Plato,It's not me who is becoming non-profit, I...Hi Plato,<BR/><BR/>It's not me who is becoming non-profit, I've just been trying to get things sorted out with a project. I'll write something about that at some point.<BR/><BR/>Anyway, I don't think the question is one of profit or not profit. The question is one of balance. Since we are already talking about non-profit organizations let me take PI as an example. They have their mission Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-68513825800520761222008-10-12T11:03:00.000-04:002008-10-12T11:03:00.000-04:00Hi Anonymous,Yeah, the quote by Chomsky is a bit o...Hi Anonymous,<BR/><BR/>Yeah, the quote by Chomsky is a bit odd in that it tries to suggest it's a deliberate 'distraction' which I too think isn't quite a correct assesment. He is basically just repeating panem et circenses. Just look at what laws intruding privacy rights have been passed in the USA over the last years without causing too much of an upheaval. Try to imagine you'd instead suggest Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-83638469175859503442008-10-12T10:38:00.000-04:002008-10-12T10:38:00.000-04:00Hi Stefan,Smart man. If only people would listen. ...Hi Stefan,<BR/><BR/>Smart man. If only people would listen. Best,<BR/><BR/>B.Sabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-81107784012959702792008-10-12T07:06:00.000-04:002008-10-12T07:06:00.000-04:00This is a very good assessment Bee. Hope you get y...This is a very good assessment Bee. Hope you get your status as a non profit?:)<BR/><BR/>Yes it lies to the individual as to whether one can be perceived as faith based. Immediate assessments will always lack the full scope of the argument while getting to the result very quickly. <BR/><BR/>If you goes through the cycles one tends to see the effect of such rewards, and that recursive slide for PlatoHagelhttps://www.blogger.com/profile/00849253658526056393noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-56270652229005475852008-10-12T05:13:00.000-04:002008-10-12T05:13:00.000-04:00Chomsky said: "Consumption distracts people. You c...Chomsky said: "Consumption distracts people. You cannot control your own population by force, but it can be distracted by consumption. The business press has been quite explicit about this goal."<BR/><BR/>What a load of paranoid, supercilious, snobbish crap. Oh thank you Great Chomsky, for opening our eyes to the Great Conspiracy which enslaves us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-78325782068420291432008-10-12T04:27:00.000-04:002008-10-12T04:27:00.000-04:00BTW, did you see this quote by George Soros (via I...BTW, did you see <A HREF="http://www.pbs.org/moyers/journal/10102008/transcript1.html" REL="nofollow">this quote</A> by <A HREF="http://en.wikipedia.org/wiki/George_Soros" REL="nofollow">George Soros</A> (via <A HREF="http://infoproc.blogspot.com/2008/10/soros-speaks-truth.html" REL="nofollow">Information Processing</A>): <BR/><BR/><I>"There is a common interest. And this belief that everybody stefanhttps://www.blogger.com/profile/09495628046446378453noreply@blogger.comtag:blogger.com,1999:blog-22973357.post-43040028441717817522008-10-12T03:28:00.000-04:002008-10-12T03:28:00.000-04:00The above LA Times story doesn't do full justi...The above LA Times story doesn't do full justice, to the latest twist in "Drugs, Money, .com Tech, Prostitutes"..now the ex-Orange County Sheriff (on top of his corruption charges, wife & mistress):<BR/><BR/><A HREF="http://cbs2.com/video/?id=79897" REL="nofollow">Inmate says he supplied Cocaine to ex-O.C. Sheriff</A><BR/><BR/>[ there's more dirt on the ex-O.C. Sheriff <A HREF="Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-16861460926786751512008-10-12T02:31:00.000-04:002008-10-12T02:31:00.000-04:00For a spy novel like read, about how a major Tech ...For a spy novel like read, about how a major Tech company Broadcom & their CEO/CTO..couple of Electrical Eng PhDs (UCLA) got caught up in Greed, Drugs, Narcissim, Prostitutes, Divorce, etc, read this:<BR/><BR/><A HREF="http://www.vanityfair.com/politics/features/2008/11/nicholas200811?currentPage=0" REL="nofollow">Dr. Nicholas and Mr. Hyde: Politics & Power</A><BR/><BR/>More dirt:<BR/><BRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22973357.post-80303139210968504072008-10-11T23:43:00.000-04:002008-10-11T23:43:00.000-04:00Hi Michael,I don't think it's going to happen with...Hi Michael,<BR/><BR/>I don't think it's going to happen within the next some hundred thousand years that the world population regards itself as a homogeneous 'us'. People have different interests, have different values, regard different things important. Sharing the common goal to live within a system that works towards best addressing individual interests does not necessitate these interests areSabine Hossenfelderhttps://www.blogger.com/profile/06151209308084588985noreply@blogger.com