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It’s an Economist’s World

This is soooo #Great!
The #Economist’s #Evolutionary path into the forefront of #Government is explored and scrutinized in a delightful way in this episode. As a staunch hater of #Friedman and his almost #Nefarious contributions to #Economic thought, I'm quite pleased to hear a new wave of thinkers are coming to the fore. Binyamin Appelbaum and his book,
"The Economists' Hour | False Prophets, Free Markets, and the Fracture of Society",
might get me to spend money on a paper book again! It's like Binyamin finally said, "the King has no clothes." Applebaum isn't pulling punches with his content and he's not sparing any former lead politicians from blame.


The interview starts at about 5:34

The page that audio comes from is https://slate.com/podcasts/the-gist/2019/09/new-york-times-binyamin-appelbaum-new-book-the-economists-hour
The attached article below is Applebaum's column in the NYT.

The New York Times: Opinion | Blame Economists for the Mess We’re In (By BINYAMIN APPELBAUM)



In the event that I have readers unfamiliar with the school of Economics, don't shy away. All people have the ability to contribute to this school of thought. In general, all economists study the motivation people have for selecting goods and services with their limited resources. All you need to participate is some personal insight and some curiosity in others rationale for their decisions.

Microeconomics focuses on those atomic level decisions like if you pick whole milk over 2% or a red-colored package over a green-colored package.

Macroeconomics focuses on what happens when all of us make decisions simultaneously, and how policy and/or regulatory actions can be enacted to avoid large scale societal problems.
#Great #Economist’s #Evolutionary #Government #Friedman #Nefarious #Economic Contemporary Issues Economics News Philosophy Podcast Politics

This problem seems hard, then it doesn't, but it really is

This #YouTUBE contributor is so good that it's hard to understate how well he presents the #Beauty of #Mathematics. If you are the type of person who self identifies as #BadAtMath, give yourself a second chance. All his videos are hard #Math but you will understand them.

#YouTUBE #Beauty #Mathematics #BadAtMath #Math Mathematics Philosophy
Thanks for the recommendation. Will check it out ...

#deepfake #video #music #johnlennon #imagine #deeplearning #ai #art Philosophy Technology
We obviously have much more to talk about than just this one thread.
Your specific examples all have merits. I don't know if I can make valid counterclaims that you couldn't make valid counterclaims to, so maybe I'll leave this thread here as it is. An example of intractable counterclaims would be on the topic of restrictive laws. I know some laws are written with wild leeway for the law enforcement authorities (eg. malfunctioning automobile taillight), and I know that they do this for a reason; to detain people without probable cause that would hold up in court whereas the timely circumstantial evidence appears to convict the person of interest. The tail-light stop is nearly never used by authorities, and at times I see them driving with a tail-light out, but if a person driving (in a law-abiding way), inside a matching car that was identified in an armed robbery, with the same number of occupants, the nearby police would make a stop claiming the tail-light was out even if it was functioning (can't prove it wasn't for a moment when he looked). If the routine check on the occupants seemed normal they are let off with a warning, if not, then it escalates. I assume you would argue that this is regularly abused by our racist cops to convict innocent people just so they can claim to have done their job. I would agree. I would counter that if the laws go to the other extreme to heavily protect the innocent (which is what we claim to do), then this will be easily exploited by the people of criminal intent. These are intractable because we must make a subjective decision as to whether we want to convict more innocent people or free more guilty people. It's really hard to decide where to cut the baby in half. I honestly can't decide whether I'd favor a feckless leader with all power or a competent benevolent authoritarian or a de facto deity with no authority running the collective intent of a group of people. Pure democracies seem to be mathematically unstable and rife to break into warring fragments.

Anyway, it appears that while we were arguing, others like the Sylvester McMonkey-McBean's of the world were building a "Star-off machine". Halfway down they talk about two companies creating countermeasures to video fraud.

In closing, I've never been convinced that Anarchism was a valid approach to life in general due to the state of human nature. I'm not unwilling to have my mind changed, but not in this thread. Start a new one or tag me into an existing one that will get me up to speed on why you think it's a working framework for humanity. eg: I have no idea what this meant
large-scale anarchism with morals instead of laws
@Michael Rupp coincidentally I have found a great source I can now refer to (feel free to comment on that thread), rather than spend hours in threads trying to word the arguments myself. I feel like I've made my main points here and don't want to go much deeper in this thread either, but for you as well as other readers, let me try to use my newly found source:
I’m not unwilling to have my mind changed

I’ve never been convinced that Anarchism was a valid approach to life in general due to the state of human nature.
Anarchist FAQ: What about "human nature"? -- this should address that point. If you're genuinely open-minded here, give it a read, it won't be a wasted time 😀

Interesting Article on Free Speech and Censorship

While #Federated systems branch & bud to maintain #FreeSpeech in online #SocialNetworks, the "evil" Ad based Megalodons struggle with content moderation.
I'm not 100% sure how to moderate my own #Friendica servers when questionable content arises; I know how to delete posts, but it's hard to know why before they arise. My main plan is to not be an #Asshole.
#Federated #FreeSpeech #SocialNetworks #Friendica #Asshole Philosophy Politics Society

What is a P-Value and Why Does it Matter?

This is a wonderful not too #Mathematical explanation of something very important.



#Experiment #Evidence #Truth #Claims #Philosophy #Bias
#Mathematical #Experiment #Evidence #Truth #Claims #Philosophy #Bias Bias Evidence Philosophy Truth

Some thoughts I've previously had about News (esp. financial news)

If a tree doesn't fall in the forest
but somebody was there to hear it fall
does it make a noise?
Philosophy
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