An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, May 31, 2014
whoknu — The most important thing you will learn about Social Security today
How many repetitions, in how many forms, will it take before 10% of some electorate grasps this simple point about dynamic metrics in growing, dynamic systems?
USA: 32 million X 12 repeats ==> blanket distribution of >320 million reminders per year
India: 110 million X 12 repeats ==> distribution of >1.2 Billion reminders per year
Interestingly, on the order of one reminder per citizen per year?
Human culture won't be safe until messages like these become as fundamental as "breathe in, breathe out" - aka, part of 1st grade curriculum.
Do you see any media system that would/could/should disseminate such fundamental situational awareness data? Don't hold your breath waiting for the textbook industry to change fast enough.
Maybe Wikipedia, but even that has become an ideological battleground.
For the immediate future, we are ruled by propaganda volume?
Agreed, Tom. Outstanding post by whoknu!
ReplyDeleteHow many repetitions, in how many forms, will it take before 10% of some electorate grasps this simple point about dynamic metrics in growing, dynamic systems?
ReplyDeleteUSA: 32 million X 12 repeats ==> blanket distribution of >320 million reminders per year
India: 110 million X 12 repeats ==> distribution of >1.2 Billion reminders per year
Interestingly, on the order of one reminder per citizen per year?
Human culture won't be safe until messages like these become as fundamental as "breathe in, breathe out" - aka, part of 1st grade curriculum.
https://docs.google.com/a/270tech.net/viewer?url=http://www.constitution.org/tax/us-ic/cmt/ruml_obsolete.pdf
http://www.ssa.gov/history/Gulick.html
Do you see any media system that would/could/should disseminate such fundamental situational awareness data? Don't hold your breath waiting for the textbook industry to change fast enough.
Maybe Wikipedia, but even that has become an ideological battleground.
For the immediate future, we are ruled by propaganda volume?
Only known safety lies in a thinking electorate with some social immunity to rank propaganda?
ReplyDeleteOr maybe require all opinions to come with automated error estimates, hopefully more meaningful than credit scores.