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Game behind gamed: your narrative programming for the day

How The Economic Machine Works by Ray Dalio[1] actually makes a case against austerity[2] and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
posted by kliuless on Sep 25, 2013 - 28 comments

conservation of information

A Black Hole Mystery Wrapped in a Firewall Paradox - "A paradox around matter leaking from black holes puts into question various scientific axioms: Either information can be lost; Einstein's principle of equivalence is wrong; or quantum field theory needs fixing." [more inside]
posted by kliuless on Aug 18, 2013 - 36 comments

Intelligence Tests

Is Psychometric g a Myth? - "As an online discussion about IQ or general intelligence grows longer, the probability of someone linking to statistician Cosma Shalizi's essay g, a Statistical Myth approaches 1. Usually the link is accompanied by an assertion to the effect that Shalizi offers a definitive refutation of the concept of general mental ability, or psychometric g." [more inside]
posted by kliuless on Apr 11, 2013 - 113 comments

Incommensurable values

Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
posted by kliuless on Mar 25, 2013 - 27 comments

use value vs. exchange value

What Is Value? What Is Money? (via via) [more inside]
posted by kliuless on Sep 1, 2012 - 15 comments

Bubbles and Public Facts

The Destruction of Economic Facts - "Renowned Peruvian economist Hernando de Soto argues that the financial crisis wasn't just about financeβ€”it was about a staggering lack of knowledge" (via) [more inside]
posted by kliuless on May 23, 2011 - 35 comments

master of information

The New Biology - Eric Schadt's quest to upend molecular biology and open source it. (via)
posted by kliuless on Apr 9, 2011 - 35 comments

spacetime must organise itself in a way that maximises entropy

Gravity from Quantum Information
At the heart of their idea is the tricky question of what happens to information when it enters a black hole. Physicists have puzzled over this for decades with little consensus. But one thing they agree on is Landauer's principle: that erasing a bit of quantum information always increases the entropy of the Universe by a certain small amount and requires a specific amount of energy. (via mr)
posted by kliuless on Apr 1, 2010 - 33 comments

Scrimping on the Future

Information is stimulus, confusion is contraction.
posted by kliuless on Oct 18, 2009 - 15 comments

Negative knowledge (or more precisely negative information)

Know less than nothing!? What could negative knowledge possibly mean? In short, after I tell you negative information, you will know less... "In this week's issue of Nature, however, Michal Horodecki and colleagues present a fresh approach to understanding quantum phenomena that cannot be grasped simply by considering their classical counterparts." [via slashdot :]
posted by kliuless on Aug 8, 2005 - 26 comments

The Complexity of a Controversial Concept

The Logic of Diversity "A new book, The Wisdom of Crowds [..:] by The New Yorker columnist James Surowiecki, has recently popularized the idea that groups can, in some ways, be smarter than their members, which is superficially similar to Page's results. While Surowiecki gives many examples of what one might call collective cognition, where groups out-perform isolated individuals, he really has only one explanation for this phenomenon, based on one of his examples: jelly beans [...] averaging together many independent, unbiased guesses gives a result that is probably closer to the truth than any one guess. While true β€” it's the central limit theorem of statistics β€” it's far from being the only way in which diversity can be beneficial in problem solving." (Three-Toed Sloth)
posted by kliuless on Jun 20, 2005 - 6 comments

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