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Friday, October 7, 2011

Paul Kedrosky's Infectious Greed

Paul Kedrosky's Infectious Greed


Thiel: The End of the Future

Posted: 06 Oct 2011 10:36 PM PDT

Peter Thiel waxing dystopic:

The state of true science is the key to knowing whether something is truly rotten in the United States. But any such assessment encounters an immediate and almost insuperable challenge. Who can speak about the true health of the ever-expanding universe of human knowledge, given how complex, esoteric, and specialized the many scientific and technological fields have become? When any given field takes half a lifetime of study to master, who can compare and contrast and properly weight the rate of progress in nanotechnology and cryptography and superstring theory and 610 other disciplines? Indeed, how do we even know whether the so-called scientists are not just lawmakers and politicians in disguise, as some conservatives suspect in fields as disparate as climate change, evolutionary biology, and embryonic-stem-cell research, and as I have come to suspect in almost all fields? For now, let us acknowledge this measurement problem — I will return to it later — but not let it stop our inquiry into modernity before it has even begun.

II.

When tracked against the admittedly lofty hopes of the 1950s and 1960s, technological progress has fallen short in many domains. Consider the most literal instance of non-acceleration: We are no longer moving faster. The centuries-long acceleration of travel speeds — from ever-faster sailing ships in the 16th through 18th centuries, to the advent of ever-faster railroads in the 19th century, and ever-faster cars and airplanes in the 20th century — reversed with the decommissioning of the Concorde in 2003, to say nothing of the nightmarish delays caused by strikingly low-tech post-9/11 airport-security systems. Today's advocates of space jets, lunar vacations, and the manned exploration of the solar system appear to hail from another planet. A faded 1964 Popular Science cover story — "Who'll Fly You at 2,000 m.p.h.?" — barely recalls the dreams of a bygone age.

via The End of the Future – National Review Online.


Prevalence of Deception in Humans: Evidence from Diving Behaviour in Soccer Players

Posted: 06 Oct 2011 06:24 PM PDT

New paper on a natural experiment in human deceiptfulness: Soccers dives and referee proximity.

Receivers Limit the Prevalence of Deception in Humans: Evidence from Diving Behaviour in Soccer Players

Deception remains a hotly debated topic in evolutionary and behavioural research. Our understanding of what impedes or facilitates the use and detection of deceptive signals in humans is still largely limited to studies of verbal deception under laboratory conditions. Recent theoretical models of non-human behaviour have suggested that the potential outcome for deceivers and the ability of receivers to discriminate signals can effectively maintain their honesty. In this paper, we empirically test these predictions in a real-world case of human deception, simulation in soccer. In support of theoretical predictions in signalling theory, we show that cost-free deceit by soccer players decreases as the potential outcome for the signaller becomes more costly. We further show that the ability of receivers (referees) to detect deceptive signals may limit the prevalence of deception by soccer players. Our study provides empirical support to recent theoretical models in signalling theory, and identifies conditions that may facilitate human deception and hinder its detection.

via PLoS ONE: Receivers Limit the Prevalence of Deception in Humans: Evidence from Diving Behaviour in Soccer Players.


Polarization and U.S. Fiscal Reforms

Posted: 06 Oct 2011 10:18 AM PDT

Good piece by Michael Cembalest on the prospects for fiscal reform under the Joint Select Committee on Deficit Reduction . He worries, quite rightly, about record political polarization in the U.S., as evidenced by the following graphs.

Polarization


The 30-Year Touches 4%

Posted: 06 Oct 2011 09:06 AM PDT

The U.S. 30-year mortgage is touching 4%, according to Bankrate.

30 year


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