If you design a game right, you’ll see a lot of complexity organically emerge. That’s what you want."Are Technica
The CIA uses board games to train officers—and I got to play them
Sam Machkovech
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.
If you design a game right, you’ll see a lot of complexity organically emerge. That’s what you want."Are Technica
There is a growing accumulation of evidence suggesting that individuals' performance in a wide range of activities is powerfully and insidiously affected by the expectations that are subtly conveyed to them by the people around them. If the people around a child or adult believe the individual will have particular difficulty with an upcoming task, this doubt is conveyed through cues the individual is able to sense. And, through cognitive mechanisms not fully understood, the subject's performance is affected, with results that are lower than otherwise possible.Understanding Society
The liberal appropriations made by the Legislature of Kentucky for a general system of Education cannot be too much applauded. A popular Government, without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both. Knowledge will forever govern ignorance: And a people who mean to be their own Governors, must arm themselves with the power which knowledge gives....
If provision were not made at the same time for every part, the objection would be a natural one. But, besides the consideration when the higher Seminaries belong to a plan of general education, that it is better for the poorer classes to have the aid of the richer by a general tax on property, than that every parent should provide at his own expence for the education of his children, it is certain that every Class is interested in establishments which give to the human mind its highest improvements, and to every Country its truest and most durable celebrity.James Madison to W. T. Barry
Learned Institutions ought to be favorite objects with every free people. They throw that light over the public mind which is the best security against crafty & dangerous encroachments on the public liberty....
Without such Institutions, the more costly of which can scarcely be provided by individual means, none but the few whose wealth enables them to support their sons abroad can give them the fullest education; and in proportion as this is done, the influence is monopolized which superior information every where possesses. At cheaper & nearer seats of Learning parents with slender incomes may place their sons in a course of education putting them on a level with the sons of the Richest. Whilst those who are without property, or with but little, must be peculiarly interested in a System which unites with the more Learned Institutions, a provision for diffusing through the entire Society the education needed for the common purposes of life. A system comprizing the Learned Institutions may be still further recommended to the more indigent class of Citizens by such an arrangement as was reported to the General Assembly of Virginia, in the year 1779, by a Committee1 appointed to revise laws in order to adapt them to the genius of Republican Government. It made part of a "Bill for the more general diffusion of knowledge" that wherever a youth was ascertained to possess talents meriting an education which his parents could not afford, he should be carried forward at the public expence, from seminary to seminary, to the completion of his studies at the highest.
Russ Huntley: "Amazing how deceptive numbers can be."Exactly! If you string together the compounding error that accumulates from semantics x numbers x ideology x practice x background .... it's amazing that humans can get anything done at all
Paul Meli: "I've come to the conclusion that statistically speaking, Conventional Wisdom™ is a contrary indicator…it's most likely wrong.
What is the probability of a majority of citizens, on the average uninformed about anything not part of their core training, would converge on an accurate view of reality as a group?
I think the odds are vanishingly small."
"It's better to create than to learn. Creating is the essence of life." JC, ~50BCYet where would individuals or electorates be, if they hadn't LEARNED that insight? :( [They'd be roughly where WE are?]
“If only HP knew what HP knows, we’d be three times more productive." then-CEO Lew Platt, of HPPlatt's quote is touted as key to the explosively growing field of knowledge management or "KM", proving that all humanity can, will and does miss it's own, prior points.
"If we all continuously learned & shared just how little we all need to share, in real time, in order for our nation to CREATE faster/leaner/better culture ... then we'd never have to worry about our Democracy." RGE :)It seems obvious that we can't separate learning & creating ... except by dying.
Commentary by Roger EricksonThe Horror of Rothbardian Natural Rights
John Maynard Keynes once wrote of Hayek’s book Prices and Production:
“The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 … It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in Bedlam.” (Keynes 1931: 394).