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US Financial Dominance Decline
SOCRATES: Ah, friend, you have done something remarkable here — you have answered your own question, and answered it well. But I wonder whether you have noticed what you have also done: you have described a structure held in place not by its own strength, but by the absence of a worthy challenger. Now tell…
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Counting the Cost – Is Capitalism bankrupt?
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John Maynard Smith
John Maynard Smith Born 6 January 1920(1920-01-06)London, England Died 19 April 2004(2004-04-19) (aged 84)Lewes, East Sussex, England Nationality British Fields Evolutionary biologist and geneticist Institutions University of Sussex Alma mater University of Cambridge and University College London Doctoral advisor J.B.S. Haldane Doctoral students Andrew PomiankowskiSean Nee Known for Game theoryEvolution of sexSignalling theory Notable awards Balzan Prize…
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Psychohistory
Hari Seldon, a fictional character, is the intellectual hero of Isaac Asimov‘s Foundation Series. In his capacity as mathematics professor at Streeling University on Trantor, he developed psychohistory, allowing him to predict the future in probabilistic terms. His prediction of the eventual fall of the Galactic Empire is the reason behind his nickname “The Raven”…
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What is the Noble Lie?
“Plato made clear that merit and not heredity defined the gold man and that gold could be found in all parts of society.” What is the “Noble lie” in Economics?? Quis custodiet ipsos custodes? The Guardians were to be men of Gold….while the “stratification of society” was to assigned their metal attributes? The Noble lie…
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Economy, as Science
A shift in paradigm can lead, via the theory-dependence of observation, to a difference in one’s experiences of things and thus to a change in one’s phenomenal world.ON Thomas Kuhn Control the information you control the people?:) Again as heart felt and idealistic you can become in your efforts, it’s not enough to cry…
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The Dance to Truth
While searching for familiarity on the terminology of Phenomenology, the greater question settled on my mind as to what Nature itself means. Undoubtedly we have no questions to ask which are unanswerable. We must trust the perfection of the creation so far, as to believe that whatever curiosity the order of things has awakened in…
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Economic Translation From Boards
How many of you have joined your fellow brain jammers to seek a solution for a time for creative purpose? Dr:Lee Smolin’s article on arXiv. Having read it, I find it amusing that the language of economics can be recast in the language of physics. That said a lot of it is hard going, mathematically,…
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Follow Up to the Economic Manhattan Project
Dr.Conway, I thought this might be helpful for you to see the whole works. Not often is perspective in science used to arise above what has been normally happening with the economy to see it in a new light. Imagine using the term “Economic Manhattan Project,” for us to consider how seriously this undertaking is…
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"Bag Model," for the Economy
“In this edition, as a fifth appendix, a presentation of my views on the problem of space in general and the gradual modifications of our ideas on space resulting from the influence of the relativistic view-point. I wished to show that space-time is not necessarily something to which one can ascribe a separate existence, independently…
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The Relief of Burdens
Realistic or imaginative? This detailed bust, titled ‘Solon’ (National Museum, Naples) is technically more sophisticated than anything produced in Solon’s own time. Most of the ancient literary records, from which history derives its knowledge of Solon, were also constructed long after his death. Solon (ancient Greek: Σόλων, c. 638 BC–558 BC) was an Athenian statesman,…
