What we call normal life is, in part, the willingness to consensually participate in a mutual dream state backed by a monopoly on violence (Government) advised by experts, and nominally directed by casting ballots informed by a free press.
We cannot whittle away trust forever.
It’s popular to pretend that we can take over from all failing systems by 3D printing our own guns, moving everything onto the blockchain, buying diesel generators, doing our own financial analysis, etc. But all that still rides on a substrate of institutions. Which are failing.
Sooner or later, some are going to have to face facts, gently move some heavily compromised octogenarians into retirement, stop pretending we can live without institutions, and just fix things.
Or not. And then we’ll see.
Sooner would be better. 🙏
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If you need a North Star to guide you, focus on the claim of *precision*.
Q1: How is the “representative consumer” constructed?
Q2: Which formula? Laspeyres? Lowes? Konus?
Q3: Why that formula and why does the BLS claim it is within a COLA framework with ZERO preference data?
Q4: How much does this entire COL framework rest on the work of Erwin Diewert’s claims of superlative index numbers being exact for flexible functional forms?
Q5: Were homothetic preferences assumed to get one number with this precision? On what basis was that justified?
Because you stopped them from participating in the prosperity they created for everyone else downstream of science.
To put it bluntly they are echoing the words of those whose hands now encircle their throats. That’s why you got sick with Covid. Why you aren’t getting the truth.
You see scientists create what economists call a MARKET FAILURE in the form of a PUBLIC GOOD. That is the VALUE our scientists create isn’t captured in the PRICE they can command even in a free market. Then we broke our contract to take care of them by sharing downstream wealth.
If they were wealthy, as they would be in any sane society, they would tell you what they thought of Fauci and Collins and Daszak. But they are *precarious*. So they parroted those people instead.
Hence their new cranky positions on reproductive mutilation. WIV. Vaccines. Etc.
What are we going to do about the weaponization of third party authentication? So many “fact checkers” selectively check facts. Often they check Strawman versions of real issues. How do we depoliticized fact checking and adjudication? I don’t know. We likely need an endowment.
I have no idea who this account is, but it has faked my voice so closely that my own family cannot tell if I ever said these things.
Zelensky has said a lot of totally irresponsible things, so that we need to be able to authenticate without fear of being played. Any ideas? 🙏
Today May be Considered the 50 year Anniversary of the Stagnation of Particle Physics.
Today Feb 1 marks the appearance of Kobayashi & Maskawa's englargment of the Cabibo Angle to the three generation 3x3 CKM matrix.
That should be cause for celebration. So let us celebrate!
Unfortunately, it also marks the end of what we can be certain actually is physics.
Imagine if Elton John's "Crocodile Rock" was still the #1 song on Billboard's Hot 100 & Tony Orlando and Dawn were singing "Tie a Yellow Ribbon". That, in a nutshell, is fundamental phsyics.
To be clear, It is not as if there are no Nobel Laureates recognized for fundamental discoveries in particle theory left. I believe we are down to the last 8. Half of them are in their 70s. One in his 80s. Three are nongenarians. Yes. It's that bad. And we're not honest about it.
While it is not ironclad, it would appear that the twitter algorithm may have been set for some accounts not to show posts to the people most likely to respond to them. Locking the account may force it to show them to those interested in seeing them.
What followed was a descent into constant mindless incivility from small accounts I never heard of. @JonHaidt would be replaced by @duckbutt2000 perseverating keywords like alt-right, grifter, cringe, etc like a weaponized ChatGPT trained to target the amygdala w/ Bots & haters.