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Tuesday, January 29, 2013 - 4:56pmSanction this postReply
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From today's Slash Dot.

The paper argues that there are strong links between estimates of genetic diversity for 145 countries and per-capita incomes, even after accounting for myriad factors such as economic-based migration. High genetic diversity in a country’s population is linked with greater innovation, the paper says, because diverse populations have a greater range of cognitive abilities and styles. By contrast, low genetic diversity tends to produce societies with greater interpersonal trust, because there are fewer differences between populations. Countries with intermediate levels of diversity, such as the United States, balance these factors and have the most productive economies as a result, the economists conclude.
Economics and Genetics Meet in Uneasy Union
Nature October 10, 2012 here


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Tuesday, January 29, 2013 - 5:03pmSanction this postReply
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What is stunning is that people can call themselves economists and not weigh the factors that really generate per-capita income.... things like per-capita investment, regulations on doing business, tax rates, confidence that the government won't screw you out of your profits, stability of the currency, levels of corruption... little things like that!

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Post 2

Wednesday, January 30, 2013 - 9:49amSanction this postReply
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My 25 year old son has a degree in economics. As was true after his first week on his first job, he also now has more actual business experience than Karl Marx and Barack Obama combined.

And Karl Marx was also called an economist.

I don't think anyone has ever called President Obama an economist, although his flagship legislation takes over 17% or more of our economies.

Amusement parks have them; shouldn't our nation have those little wooden cut outs of Yosemite Sam holding his hand out, with a little cartoon balloon over his sombrero saying "You must be at least this high to RUN THE ECONOMY, pardner!"

regards,
Fred


(Edited by Fred Bartlett on 1/30, 9:50am)


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Wednesday, January 30, 2013 - 6:04pmSanction this postReply
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The point of the article - and why I put it under Dissent - is that picking your ideology is putting the cart before the horse.  You think that all featherless bipeds - Fred calls them sweaty hairless apes - have volition, so if you convince, convert, or persuade them to have your opinion of the right ideas, they will find true happiness. 

In point of fact, if you begin with a culturally and ethnically and genderly amorphous agglomeration of random peoploids, they will will more or less figure it all out for themselves, but when everyone is alike, they get it all wrong all the time.

This came up also in a class in organizational behavior and developement.  When the board of directors all come from the same milieu, the company is in danger of moral turpitude. If you have a diverse board, they may not agree on the right thing to do, when if they agree that a course of action is wrong, you should listen.  If a retired Air Force colonel and women poet from Africa think that you are making a mistake, you probably are.  One of Fred's constant complaints is that the Federal Ruling Class all come from the Ivy League schools, surely a case in point.

But it argues against ideology and philosophy, which is why it was labeled "controversial" when it was first identified.  Even - or especially - progressives want to believe that if we can convince, convert, or control everyone to do the right thing, we will have Eden on Earth.  The idea that ideology and philosophy are largely irrelevant is aborrent to some.


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Wednesday, January 30, 2013 - 7:55pmSanction this postReply
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The idea that ideology and philosophy are largely irrelevant is aborrent to some.
Those who think ideology and philosophy are largely irrelevant want to pretend that the world will conform to any whim they might have and that causality can't ever bite them in the ass. It is a wish for no limits and the sense that all things are relative - even identity. It is the heart song of that man who believe that sufficient nuances woven into explanations will obviate the need to conform to the harshness of logic. It gets dressed up in pseudo-scientific jargon that boils down to either "you can't know" and/or "you don't have a choose" but that is just lipstick on the pig.

To believe that philosophy is largely irrelevant is itself a strange philosophy. It is an epistemology that denies that itself. It leads to an ideology chosen by whim. Holding such views is more likely to make the holder irrelevant.

Why do people choose to believe they have no choice and claim that they know that we can't really know?

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Thursday, January 31, 2013 - 6:39amSanction this postReply
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Existential fear? Some people like to think that if they hold their head in the sand like an ostrich they will be immune to reality and all that nasty "thinking required to flourish stuff".

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Thursday, January 31, 2013 - 7:28amSanction this postReply
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Michael:

One of Fred's constant complaints is that the Federal Ruling Class all come from the Ivy League schools, surely a case in point.

Incestuous, inbred, and entirely too defenseless as leverage-able chokepoints.

They are the size of large high schools, a handful, under ten. And they dominate our machinery of state and too much of academia as well. They were used by an intelligent adversary who turned our open borders and open campuses and open nation strengths into a weakness, effectively turning an external struggle into an internal struggle.

They cookie cutter out a hundred Paul Krugman's for every John Stossel that manages to skate by unscathed by the heavy handed indoctrination that goes on at those choke points.

regards,
Fred


Post 7

Thursday, January 31, 2013 - 7:59amSanction this postReply
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Fred this same mind crushing mandrel is rampant in Canada as well.
Question is how the hell do you turn it against them? Or is this an Ebola virus that just has to burn itself out and the 2-3% that are immune struggle through to pick up the pieces after?

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Thursday, January 31, 2013 - 2:34pmSanction this postReply
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Steve, why do you find good people and bad people in every group? We Objectivists say that they have mixed premises in their inconsistent and self-contradictory philosophies and they are "good" only to the extent that they are not consistently bad. I think that is a shallow explanation. For one thing, it does not explain the existence of evil Objectivists. It also does not explain the invention of Objectivism.

It is apparently a fact of human society that culturally diverse populations have more invention and therefore more prosperity; but they have less trust and capitalism depends on trust.

We had capitalism in America and we had invention before we had Objectivism. Objectivism explained what already existed. Objectivism explained why things were as they were, but it did not create the culture that it described. Ideologues think it should.

Philosophy (or religion) is how you understand the world. As people are all pretty much alike your explanation to someone else can make a lot of sense and can explain something they had not considered. Most people come to Objectivism (or whatever) because they always believed what they now heard for the first time. But everyone is a little bit different, each one an individual and what you see or hear or feel is not what I see or hear or feel. So, when you say, "It is this." I will reply "Maybe, because to me it is that."

Ideologues think that they make everyone think the same thing.


(Edited by Michael E. Marotta on 1/31, 2:36pm)


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Thursday, January 31, 2013 - 6:26pmSanction this postReply
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Michael,
Steve, why do you find good people and bad people in every group?
I'm not sure what you are referring to. Can you give me an example?
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We Objectivists say that they have mixed premises in their inconsistent and self-contradictory philosophies and they are "good" only to the extent that they are not consistently bad. I think that is a shallow explanation. For one thing, it does not explain the existence of evil Objectivists. It also does not explain the invention of Objectivism.
I'm still not following you. Are you saying that the "...mixed premises in their inconsistent and self-contradictory philosophies and they are 'good' only to the extent that they are not consistently bad" is the shallow explanation that you mention? Until I understand what you are saying here, I can't comment on the evil Objectivists, or invention of Objectivism.
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It is apparently a fact of human society that culturally diverse populations have more invention and therefore more prosperity; but they have less trust and capitalism depends on trust.
I'm not sure that is a fact. There are a lot of statistical studies that are nonsense because they leave out key causal factors. Did this study control for the degree to which property rights are protected, the cultural value of productivity, the political ease of starting business, the ease of raising capital, etc. Also, there are some societies that are very homogenetic and almost no diversity of any kind and the level of trust is low. Again, there are other factors. I find many of these studies start out with an implicit assumption that predominant ideas in the culture matter so little that they don't even look at them!
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We had capitalism in America and we had invention before we had Objectivism. Objectivism explained what already existed. Objectivism explained why things were as they were, but it did not create the culture that it described. Ideologues think it should.
We would not have had Capitalism if it hadn't been for the Libertarian forerunner that the founding fathers understood after reading things like Locke's Two Treatises of Government. It is the adoption of a set of ideas that makes the culture that follows. And the ideas wouldn't be there but for the mind of a person making choices.

Objectivism explained what already existed, but also what should be and what should not be. It doesn't just look at things in the present or the past. It is a part of what is creating the culture we will have. 'Ideologue' is often used as a derogatory term, and it shouldn't be. Some ideologues are reasonable people who have an opinion as to what system of ideas would be the best. Others are deaf to hearing anything that disagrees with them, and others have a way of holding a set of ideas that is disconnected from reality, but those two kinds of shortcomings shouldn't encourage anyone to throw out the idea of having an opinion as to what set of ideas would be best.
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Ideologues think that they make everyone think the same thing.
Some do. Other's don't. (Most all of them hope or wish they might have some influence).
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Philosophy (or religion) is how you understand the world.
I'd say that philosophy is a body of knowledge that attempts to explain the world - that there are different schools of thought, and some are right, some are wrong. And some people have clear understanding, other don't. But there are Objective truths waiting to be understood, and we do have choice, and the choices we make, including those that would be categorized as philosophy, will have an effect on our lives.

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Friday, February 1, 2013 - 5:37amSanction this postReply
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Michael:

"Sweaty hairless apes" is an entirely accurate characterization, I am not complaining, but my preferred phrase of art is "sweaty naked apes" or "naked sweaty apes."


I prefer "naked" to "hairless" because the latter brings to mind breeds of cats or dogs, and well, face it, what ape doesn't like to get naked once in a while and sweat?

regards,
Fred




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Post 11

Friday, February 1, 2013 - 9:04amSanction this postReply
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Jules:

Wish I knew; the operative plan when caught in a stampede of stupid seems to be 'duck' as best you can, which is often imperfectly. I'll tell you how I've attempted to duck it.

A new efficiency has arisen. These aren't the days when Beth Steel(who I once consulted for in the 80s)employs 330,000 people.

The modern narrative is and has been, when you employ others, you are riding them like ponies, extracting all of their excess value. Your guilt is precisely your ability to employ others.

Marx and his have won that argument in this North America.

So don't.

Instead, focus your efforts on the new efficiency, which is, how much value can you create on your own, without unfairly taking advantage of others by offering them employment? Or, and this is getting harder(but not impossible) -- choose those you work for and with carefully. It's never been more important.

In the broken modern political environment, who is left who swallows that yoke proudly and goes ahead and takes advantage of folks anyway, by employing them? There is a new political bias that shepherds those who could care less about any stigma associated with taking advantage of others into that role; we've exaggerated that with our politics. If being an employer is defacto evidence of criminality, then might as well be a criminal if you are an employer. That is not to say that every employer is corrupt these days and every employment opportunity ripe for a hosing, just that, our politics have encouraged that state of affairs.

Your other option is, don't be an employer or employee.

Facebook, the biggest IPO excitement in recent history, employs maybe 3,400, not 330,000; whatever Wall Street once was, it is today a cul de sac where capital goes to die in quiet little eddies, employing as few as possible as the new efficiency.

I've done business the past 30 years all over the world, for all kinds of entities. Governments, militaries, businmesses -- even CND. (Spent a lot of quality time in Halifax at The Five Fishermen and drinking Moose Milk on Sunday mornings. My tech toys ended up on every Canadian destroyer and all four CND submarines.)

Without so much as a secretary, working with others organized amazingly similar to me, not only in America, but everywhere.

Diversity, Trust, and Prosperity.

Not just Canada and Mexico. Qatar, Egypt, Bahrain, Israel, Chile, Argentina, Panama, Brazil, Phillipines, Tahiti, Guam, Korea, Japan, Bangladesh, UK, France, Greece. I might have missed a few. Oh yeah -- Cuba. With some irony, during the Clinton administration, under advice of the lawyer manning the Cuba desk at the State Department, who laid out precisely for me the blueprint of how to legally get my product into the Havana Airport; sell through a Canadian distributor, into his general inventory.

Caymans corp, fully disclosed to the IRS, as an aid to international business. Diversity and Trust, when it comes to international business, still includes a healthy dose of L/C handling. Still no secretary. At most, partners. Peers, organized in a similar fashion, with similar incentives. Was as much freedom as I could find in this world; doing business out of the Caymans was especially eye opening.

That part of my career was a fifteen year run. It was fun. Lost in plain sight, buried in a tiny niche.

What was the proximate cause of this run? There was no singular cause, other than risk based effort and reward. Part of it was figuring out how to get DOS to do four things at once, back in the late 80s. Three independently scheduled synchronous (ie, not interruptible) channels of satellite data downlink plus a normal foreground DOS session. It included an 'aha' moment, me waking up at 4:00am and driving to my office to try it. Part of it was risking tens of thousands of dollars on a speculative prototype and showing it to our Navy. I bid on what they asked for, and then I showed them what I thought they actually needed, which was not what they had asked for. (They asked for some functionality in two 19 inch racks bolted to their ships in comm rooms, I showed them a prototype running on a ruggedized laptop deployed out of a duffel bag, deployable with their teams.) That was risk, and it resulted in a fifteen year run of opportunity worldwide in that niche. I was able to carve out a niche against the Harris Corps and Raytheons and British Aerospaces for as long as my technology was better...and until their assembly line of soft landing corruption caught up. But it was an interesting fifteen years in the meantime. No complaints.

Could I have employed more people in that enterprise and made more money? Sure. Towards what end? Theirs or mine? Because the narrative I was spoonfed everyday by Marxists in the Ivy league was that employers suck all the excess value of their employees and ride them like vultures on ponies. (Or at least, in the case of Harris Corp, Raytheon, and British Aerospace, those willing to be ridden like that.)

For 30 years, I've heeded their scolding; neither an employee nor employer be. Now, at the far end my career, purely consulting, that is still the new efficiency.

It's important who you work for; it's important who you voluntarily team with. That is the new efficiency. That is the challenge of skirting tribal politics.

And it isn't hard at all, especially today, when the myth of job security is becoming apparent. (This used to be #1 thing holding people back.)

That is how folks duck today...and many are.

If that isn't a problem, it isn't a problem. I know it isn't a problem for them. If it is a problem for others, then others need to decide if their solution to that problem is going to be based on force or a new politics based on free association and incentives.

In the meantime, while others figure that out, let's look forward to those Super Bowl parties this weekend,

I could be wrong. The answer might be, not enough federal spending on defense contractors like me. Or too much. (I've been mostly out of that for over twelve years.)

Or the stinking turd at the bottom of these failing economies is the politics we've long suffered, going back to LBJ and Nixon and his 1970 Economic Stabilization Act, and these two parties of fools.

Freedom finds a way.

regards,
Fred





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