"Nobody made a greater mistake than they who did nothing because they could do only a little." - Edmund Burke</pre?
The naked transparency movement marries the power of network technology to the radical decline in the cost of collecting, storing, and distributing data. Its aim is to liberate that data, especially government data, so as to enable the public to process it and understand it better, or at least differently.Regardless of the merits of that kind of thing, which I'll get to in another comment, What's interesting is that so many people are working to create "Transparency" the way Lessig described it not of the government but of ordinary people. You hardly ever hear anyone in power complain about the credit reporting bureaus and all the random vendors selling completely un-verified "Background Checks".
Sponsored LinksThe reason I picked Kevin R. Marcus is that he's listed as the co-founder of Intelius, which is the company that most often shows up when I search for people's names now, although the ad doesn't show up on his own name, which is interesting. Also, almost everyone at that company hides their name on Linkedin.
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This publicity was designed to serve two very different purposes. First, Brandeis thought that the numbers would shame bankers into offering terms that were more reasonable--a strategy that has been tried with executive compensation by the SEC, with the result not of shame, but jealousy, leading to even higher pay.Okay, that is an enormous causal jump. It's pretty clear that CEO pay has gotten way out of control, but suggest a single cause, making the data public is to blame is absurd. It ignores two key factors:
In the context of public health, where doctors are forced to reveal any connection with industry, I cannot begin to imagine what that solution would look like. The citizenry is not remotely willing to fund publicly the research necessary to support drug development today. Close to 70 percent of the money for clinical drug trials in the United States comes from private industry. Private funding here seems inevitable--and with it, the potential for perceived conflicts. That potential will inevitably require more and more transparency about who got what from whom.To begin with, it is disingenuous (or, worse, ill-informed) to imply that 70 percent of the money for drug research comes from private industry. Yes, I know he says "clinical drug trials", a term of art that the casual reader will interpret as "drug research", but the vast majority of the expense of developing new drugs is funded by the government. The industry takes academic findings, funded primarily by the government and highly hit or miss in terms of usable results (which is why industry ain't funding it) and spends the additional money it takes to develop them into marketable products. Now this is a good and noble undertaking if done well, but then he goes on to say that the funding these companies give to physicians is a "perceived conflict". Say, what? No, if I give you money to tell me whether my drug works and my drugs don't work, then I can't keep giving you money. That's a conflict. And a "problem" with transparency is not that I might perceive this as a conflict, because it is one.
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posted by mathowie at 11:02 AM on October 11, 2009