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I had come to thInk that our new culture of accountabIlIty, whIch Is promoted as the way to reduce untrustworthIness and to secure ever more perfect control of InstItutIonal and professIonal performance, was takIng us In the wrong dIrectIon.

Reading Bauman helps people to insulate themselves from these false solutions to their difficulties.

might say that the problem for people today is how to resist consumer society, to find ways of caring for others, and to find a new politics that is above the nation-state. The globalisation phenomenon requires this if it is to be encountered by humanity in a more balanced form than at present when its negative side predominates over its positive side. The European integration project may offer some guidance.

The political institutions of this are parliamentary democracy and the public sphere; the former has been eroded and the latter hollowed out.

Subvertandprofit.com “operates a black market for votes on social networking sites,” in the words of its 19-year-old founder, who goes by the pseudonym Ragnar Danneskjold. Ragnar told AZ contributor Derek Powazek that while some users of Digg.com “cling to democracy as the final ideal,” others “understand that their community is a wild anarchy...and i believe they like it that way.”

"Jimbo" — was a finance major at Auburn University when the Mises institute's Mark Thornton suggested he read "The Use of Knowledge in Society," a now-famous essay written by Austro-libertarian economist and Nobel laureate Friedrich von Hayek. The essay argues that prices in the market represent a spontaneous order that results from the interaction of individuals with diverse wants, allowing them to cooperate to achieve complex goals. According to a June 2007 Reason magazine interview, this insight of Hayek's is what led Wales to found Wikipedia. The rather lofty vision that inspired Wales? "imagine a world in which every single person on the planet is given free access to the sum of all human knowledge. That's what we're doing."

The Greenspan put has in effect been replaced by the Bernanke pushover.

Creating a wider conversation really means expanding our love. Thinking harder really means building trust. it is an economy of exchange and a performance whose purpose is to reveal something transforming. Unlike Rousseau at openDemocracy, i am not interested in generating agreement and discovering the "General Will." Rather, it is discovering the fact that we are all sharing a room together and we have to learn how to get along.

Both opendemocracy.net and bloggossip.com were very easy to find on the Google search engine. i had no trouble at all finding these two useful sights and thought bloggossip.com was the easiest to read. Blogggossip.com had many bright pictures on the home page which attracted me to the web sight. The sight was very well formated and easy to navigate. Opendemocracy.net appeared to be a bit more credible. All of the stories on this sight were headline stories. One difference between the ezine headline stories and the blog headline stories were that the blog headline stories were geared toward entertainment. it seems as though entertainment is a classic form of headlining here in America, whereas in the global market, headlining is focused on serious issues, such as global warming.Surprisingly enough both web sights, including the blog sight, seemed to be quite credible.

The crucial test is whether one’s pet theory can distinguish between selection for trait A and selection for trait B when A and B are coextensive: were polar bears selected for being white or for matching their environment? Search me; and search any kind of adaptationism i’ve heard of. Nor am i holding my breath till one comes along.

Lacking arches, domes fall down; so arches are selected for supporting domes. But arches are linked to spandrels for reasons of geometry; so spandrels aren’t selected for, they are ‘free riders’ on selection for arches. The moral is that phenotypic traits can carry information about linkages among the mechanisms that produce them. Free-riding is always suggestive of such linkages, and free-riding is ubiquitous in evolution.

When you ask Darwin’s question – why are phenotypes often similar? – you do indeed get Darwin’s answer. But if you ask instead why it is that some phenotypes don’t occur, an adaptationist explanation often sounds somewhere between implausible and preposterous. For example, nobody, not even the most ravening of adaptationists, would seek to explain the absence of winged pigs by claiming that, though there used to be some, the wings proved to be a liability so nature selected against them. Nobody expects to find fossils of a species of winged pig that has now gone extinct. Rather, pigs lack wings because there’s no place on pigs to put them. To add wings to a pig, you’d also have to tinker with lots of other things. in fact, you’d have to rebuild the pig whole hog: less weight, appropriate musculature, an appropriate metabolism, an apparatus for navigating in three dimensions, a streamlined silhouette and god only knows what else; not to mention feathers. The moral is that if you want them to have wings, you will have to redesign pigs radically. But natural selection, since it is incremental and cumulative, can’t do that sort of thing. Evolution by natural selection is inherently a conservative process, and once you’re well along the evolutionary route to being a pig, your further options are considerably constrained; you can’t, for example, go back and retrofit feathers.

LOSING OUR DELUSIONS. Not Much Left by MartIn Peretz  

Andrew Puddephatt on media reform from a human rights perspective This morning i attended a very broad and interesting side-event on “Global information and Communication Policy” organized by Consumer’s Union.  The event featured an international panel of speakers including : Luiz Fernando Marrey Moncau, instituto Brasileiro de Defesa do Consumidor, Brazil Rosemary Okello-Orlale, African Woman and Child Feature Service, Kenya Bjarne Pedersen, Consumers international Andrew Puddephatt, Global Partners UK Jamie Love, CPTech Andrew issued a provocative challenge to the media reform community to show the evidence of their claims. 

We are interested in moving toward a curating model of information.  information needs to be curated in  a way that shows the information that you want similar to how a museum curates a large body of information into discrete exhibits and presentations that people can understand and digest.

who is doing the curating?  is it going to be bottom-up or done by Bill Gates and Google.

“Strauss’s interpretation of Plato is wrong from beginning to end,” Burnyeat argued. “There is much talk in Straussian writings about the nature of ‘the philosopher’ but no sign of any knowledge, from the inside, of what it is to be actively involved in philosophy.”

Strauss said, political philosophy is good for something: “if for no other purpose, at least in order to defend a reasonable policy against overgenerous or utopian thought, we would need a genuine political philosophy reminding us of the limits set to all human hopes and wishes.”

“I was certaInly struck by how very skeptIcal he was for the prospects of establIshIng democracy In Germany,” Tarcov says. In “Re-educatIon,” Strauss doubted that a just government In Germany could be constructed after the war, at least not If the effort were left to the AllIes. “A form of government whIch Is merely Imposed by a vIctorIous enemy wIll not last,” Strauss predIcted. “Only Germans, only Germans who remaIned In Germany and shared all the mIsery of NazI rule and of defeat, can do It. Only they wIll be able to speak a language understandable to post-HItlerIan Germany.”

A point arrives in the growth of a big institution...at which the owners of the capital, i.e. the shareholders, are almost entirely dissociated from the management, with the result that the direct personal interest of the latter in the making of great profit becomes quite secondary. When this stage is reached, the general stability and reputation of the institution are more considered by the management than the maximum of profit for the shareholders. The shareholders must be satisfied by conventionally adequate dividends; but once this is secured, the direct interest of the management often consists in avoiding criticism from the public and from the customers of the concern....They are, as time goes on, socializing themselves.

The extent of that divide is startling and remains largely unrecognised, as does the fact that it has increased markedly in recent decades. The period from 1965 to 1990 was particularly acute - in 1960 the average GNP per capita for the richest 20% of the world's population was thirty times that of the poorest 20%. By 1995 this had widened to sixty times.

n the way that Heritage Park is a defence against disorder and crime, with its enlightened schooling rooted in the Christian ethos of love and care and helpfully protected by 33,000 volts, so Baladia represents a more aggressive response of taking the war to the enemy. Create your enemy's town, and train your troops to attack with much greater effect.

Borough Council

business for £1

Economists distinguish between “Risk” and “Uncertainty”: the former can be priced by financial markets while the latter cannot. The distinction between the two was made by the famous economist Frank H. Knight in his seminal book, Risk, Uncertainty, and Profit (1921). in brief, “Risk is present when future events occur with measurable probability” while “Uncertainty is present when the likelihood of future events is indefinite or incalculable”.    This distinction between risk and uncertainty helps to explain the recent market panic and turmoil. Today, the FT cites a market economist at Lehman who said: “We are in a minefield. No one knows where the mines are planted and we are just trying to stumble through it”. A few days ago another market participant put it this way: “it is not the corpses at the surface that are scary; it is the unknown corpses below the surface that may pop up unexpectedly”.   Unknown minefield; unexpected corpses: this is “uncertainty” rather than “risk”. Risk can be measured and priced because it depends on know distributions of events to which investors can assign probabilities. Uncertainty cannot be priced by markets because it relates to “fat tail” distributions and extreme events that cannot be easily predicted or measured.

A few days ago the CFO of Goldman Sachs justified the massive – 30% plus  - losses of the two Goldman Sachs hedge funds by arguing that these were unpredictable “25 standard deviation events” that should occur only once in a million years. The same thing was said by the LTCM “masters of the universe” when their highly leveraged hedge fund went belly up in 1998.

The proliferation of such products, as i have often noted before, carries many benefits for the financial system (most notably that they disperse risk across a much wider pool of investors). But this trend also carries at least one downside; it is adding to the opacity of the financial world. For although many corners of the structured credit universe are becoming more transparent, almost as soon as one chink of light emerges, another shadowy wave of activity emerges that is far more opaque.