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Javier E

The American Scholar: The Lottery Society - William Deresiewicz - 1 views

  • I think it’s great when rich people do good things with their money. I think it’s appalling that we need them to. To put it bluntly, the money that the Brins and Bloombergs have to shower down on a fortunate few—that money, and a great deal more besides—should be taxed away and allocated by democratic means.
  • the problem goes beyond taxation. Markets allocate resources, but governments structure markets. Never mind that the rich don’t pay enough in taxes. (And as we know, it isn’t even that they don’t pay more than the rest of us. In a lot of cases, they pay a great deal less.) They shouldn’t be in a position to make that kind of money in the first place.
  • You want to tell me that they earned it? Earned is a moral term. How do you measure the share of the money that somebody gets that they actually “earn”? From 1978 to 2011, the average worker’s pay went up by 6 percent. The average compensation of a CEO went up by 727 percent. Do you really believe that executives earned a raise that’s 120 times greater than their workers did?
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  • The problem is the way that wealth has come to be distributed. The share of national income that accrues to the top one percent, which had stayed at about 10 percent from 1954 to 1980, has risen to about 23 percent. In a $15 trillion economy, the difference represents a premium of almost $2 trillion a year, or more than twice the current annual federal budget deficit. As far as I’m concerned, that money belongs to the rest of us, especially the bottom 80 percent, whether in the form of increased pay or higher public spending. By manipulating the legislative and legal systems—which is to say, by buying them—the rich have simply stolen it.
  • The outcome is the lottery society that’s with us now. Social mobility has slowed to a crawl. If you work hard and play by the rules, it probably won’t make a damn bit of difference
Javier E

Art Makes You Smart - NYTimes.com - 1 views

  • Through a large-scale, random-assignment study of school tours to the museum, we were able to determine that strong causal relationships do in fact exist between arts education and a range of desirable outcomes.
  • Students who, by lottery, were selected to visit the museum on a field trip demonstrated stronger critical thinking skills, displayed higher levels of social tolerance, exhibited greater historical empathy and developed a taste for art museums and cultural institutions.
  • Over the course of the following year, nearly 11,000 students and almost 500 teachers participated in our study, roughly half of whom had been selected by lottery to visit the museum
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  • Applicant groups who won the lottery constituted our treatment group, while those who did not win an immediate tour served as our control group.
  • Several weeks after the students in the treatment group visited the museum, we administered surveys to all of the students. The surveys included multiple items that assessed knowledge about art, as well as measures of tolerance, historical empathy and sustained interest in visiting art museums and other cultural institutions. We also asked them to write an essay in response to a work of art that was unfamiliar to them.
  • Moreover, most of the benefits we observed are significantly larger for minority students, low-income students and students from rural schools — typically two to three times larger than for white, middle-class, suburban students — owing perhaps to the fact that the tour was the first time they had visited an art museum.
  • we can conclude that visiting an art museum exposes students to a diversity of ideas that challenge them with different perspectives on the human condition. Expanding access to art, whether through programs in schools or through visits to area museums and galleries, should be a central part of any school’s curriculum.
katieb0305

Are You Successful? If So, You've Already Won the Lottery - The New York Times - 0 views

  • Chance events play a much larger role in life than many people once imagined.
  • But randomness often plays out in subtle ways, and it’s easy to construct narratives that portray success as having been inevitable.
  • In the years since, the painting has come to represent Western culture itself. Yet had it never been stolen, most of us would know no more about it than we do of the two obscure Leonardo da Vinci canvases from the same period that hang in an adjacent gallery at the Louvre.
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  • Inevitably, some of those initial steps will have been influenced by seemingly trivial random events. So it is reasonable to conclude that virtually all successful careers entail at least a modicum of luck.
  • One’s date of birth can matter enormously, for example. According to a 2008 study, most children born in the summer tend to be among the youngest members of their class at school, which appears to explain why they are significantly less likely to hold leadership positions during high school and thus, another study indicates, less likely to land premium jobs later in life. Similarly, according to research published in the journal Economics Letters in 2012, the number of American chief executives who were born in June and July is almost one-third lower than would be expected on the basis of chance alone.
  • To acknowledge the importance of random events is not to suggest that success is independent of talent and effort. In highly competitive arenas, those who do well are almost always extremely talented and hard-working.
  • Such expertise comes not from luck but from thousands of hours of assiduous effort.
  • Being born in a good environment is one of the few dimensions of luck we can control — that is, at least we can decide how lucky our children will be.
  • The unlucky population is growing, and its luck is getting worse.
  • Evidence from the social sciences demonstrates that beyond a certain income threshold, people’s sense of well-being depends much more on their relative purchasing power than on how much they spend in absolute terms. If top tax rates were a little higher, all homes would be a little smaller, all cars a little less expensive, all diamonds a little more modest and all celebrations a little less costly. The standards that define “special” would adjust accordingly, leaving most successful people quite satisfied.
  • Merely prompting people to reflect on their good fortune tends to make them more willing to contribute to the common good, according to a 2010 study published in the journal Emotion.
Javier E

Opinion | Knowledge, Ignorance and Climate Change - The New York Times - 1 views

  • the value of being aware of our ignorance has been a recurring theme in Western thought: René Descartes said it’s necessary to doubt all things to build a solid foundation for science; and Ludwig Wittgenstein, reflecting on the limits of language, said that “the difficulty in philosophy is to say no more than we know.”
  • Sometimes, when it appears that someone is expressing doubt, what he is really doing is recommending a course of action. For example, if I tell you that I don’t know whether there is milk in the fridge, I’m not exhibiting philosophical wisdom — I’m simply recommending that you check the fridge before you go shopping.
  • According to NASA, at least 97 percent of actively publishing climate scientists think that “climate-warming trends over the past century are extremely likely caused by human activities.”
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  • As a philosopher, I have nothing to add to the scientific evidence of global warming, but I can tell you how it’s possible to get ourselves to sincerely doubt things, despite abundant evidence to the contrary
  • scenarios suggest that it’s possible to feel as though you don’t know something even when possessing enormous evidence in its favor. Philosophers call scenarios like these “skeptical pressure” cases
  • In general, a skeptical pressure case is a thought experiment in which the protagonist has good evidence for something that he or she believes, but the reader is reminded that the protagonist could have made a mistake
  • If the story is set up in the right way, the reader will be tempted to think that the protagonist’s belief isn’t genuine knowledge
  • When presented with these thought experiments, some philosophy students conclude that what these examples show is that knowledge requires full-blown certainty. In these skeptical pressure cases, the evidence is overwhelming, but not 100 percent. It’s an attractive idea, but it doesn’t sit well with the fact that we ordinarily say we know lots of things with much lower probability.
  • Skeptical allure can be gripping. Piling on more evidence does not typically shake you out of it, just as making it even more probable that you will lose the lottery does not all of a sudden make you feel like you know your ticket is a loser.
  • In my own work, I have speculated that an extreme version of this phenomenon is operative in obsessive compulsive disorder
  • The standard response by climate skeptics is a lot like our reaction to skeptical pressure cases. Climate skeptics understand that 97 percent of scientists disagree with them, but they focus on the very tiny fraction of holdouts. As in the lottery case, this focus might be enough to sustain their skepticism.
  • Anti-vaccine proponents, for example, aware that medical professionals disagree with their position, focus on any bit of fringe research that might say otherwise.
  • Although there is no consensus about how it arises, a promising idea defended by the philosopher David Lewis is that skeptical pressure cases often involve focusing on the possibility of error. Once we start worrying and ruminating about this possibility, no matter how far-fetched, something in our brains causes us to doubt. The philosopher Jennifer Nagel aptly calls this type of effect “epistemic anxiety.”
  • One way to counter the effects of skepticism is to stop talking about “knowledge” and switch to talking about probabilities. Instead of saying that you don’t know some claim, try to estimate the probability that it is true. As hedge fund managers, economists, policy researchers, doctors and bookmakers have long been aware, the way to make decisions while managing risk is through probabilities.
  • Once we switch to this perspective, claims to “not know,” like those made by Trump, lose their force and we are pushed to think more carefully about the existing data and engage in cost-benefit analyses.
  • It’s easy to say you don’t know, but it’s harder to commit to an actual low probability estimate in the face of overwhelming contrary evidence.
  • Socrates was correct that awareness of one’s ignorance is virtuous, but philosophers have subsequently uncovered many pitfalls associated with claims of ignorance. An appreciation of these issues can help elevate public discourse on important topics, including the future of our planet.
sissij

How Behavioral Economics Can Produce Better Health Care - The New York Times - 0 views

  • I’ll sometimes prescribe a particular brand of medication not because it has proved to be better, but because it happens to be the default option in my hospital’s electronic ordering system.
  • if a poster outside your room prompts me to think of your health instead of mine.
  • I’ll more readily change my practice if I’m shown data that my colleagues do something differently than if I’m shown data that a treatment does or doesn’t work.
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  • These confessions can be explained by the field of behavioral economics, which holds that human decision-making departs frequently, significantly and predictably from what would be expected if we acted in purely “rational” ways.
  • Rather, our behavior is powerfully influenced by our emotions, identity and environment, as well as by how options are presented to us.
  • (organ donation rates are over 90 percent in countries where citizens need to override a default and opt out of donation compared with 4 to 27 percent where they much choose to opt in)
  • Employees were randomly assigned to one of three groups. The first was “usual care,” in which they received educational materials and free smoking cessation aids. The second was a reward program: Employees could receive up to $800 over six months if they quit. The third was a deposit program, in which smokers initially forked over $150 of their money, but if they quit, they got their deposit back along with a $650 bonus.
  • Those in the lottery group were eligible for a daily lottery prize with frequent small payouts and occasional large rewards — but only if they clocked in at or below their weight loss goal.
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    As we learned in TOK, people tend to follow the default. I think there is a phenomenon like inertia in human social behavior. Once we make up our mind doing something, we are very unlikely to make a change or make a correction. This has a subconscious influence on people so people can't notice it unless they are trained to avoid their logical fallacy. I found this a really good example of policy making can manipulate people's action and thoughts. --Sissi (4/13/2017)
Javier E

Is sanity returning to the trans debate? | The Spectator - 0 views

  • Mermaids, the UK charity for, in their own words, ‘gender variant and transgender children’ is under the spotlight. Following investigations by the Telegraph and Mail newspapers, as well as demands from critics concerned about child safeguarding, the Charity Commission has launched a regulatory compliance case and have said that they have written to the organisation’s trustees
  • The investigations found that Mermaids has been offering breast binders to girls reportedly as young as 13, and despite children saying their parents opposed the practice. Binding can often cause breathing difficulties, back pain and broken ribs. It was also uncovered that kids have been ‘congratulated’ online for identifying as transgender by staff and volunteers on the charity’s online help centre, with teenagers being advised that puberty blockers are safe and ‘totally reversible’.
  • Mermaids has been given half a million pounds in total from the National Lottery, and lauded by the likes of Emma Watson, Jameela Jamil and even Harry and Meghan. In other words, the charity has had powerful supporters and been like Teflon for a very long time. Starbucks did a fundraiser for them, more than 40 schools invited them in to educate teachers and kids about ‘gender identity’, and a number of corporates sponsor the charity.
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  • There is no such thing as a trans child. Mermaids passionately advocates for the availability of puberty blockers for kids, despite the growing bank of evidence that they can cause a multitude of harms. The vast majority of those prescribed blockers go to take cross-sex hormones further down the line.
  • In the dim and distant past, lobotomies were performed on those with mental illness and psychosis, and today distressed children are being fed the line that they are trapped in the wrong body and that drugs and surgery is the solution. When and how did it become acceptable to pump kids full of harmful hormones and remove healthy body parts as opposed to offering them therapy?
  • I was in court during the cross examination of Mermaids and its supporter, and heard loud and clear its dismissal of the fact that sex is immutable. As far as Mermaids and its lackeys are concerned, all that is necessary to identify and live as the opposite sex is an inner ‘feeling’ of gender identity. The witnesses declared that trans men are men, and trans women, women. They were seemingly unconcerned when presented with the fact that there has been a 4000-plus per cent increase in girls presenting at clinics such as the Tavistock GIDS, claiming to be trans boys.
  • A recent interim report on the Tavistock GIDs recommended that it be closed down in due course, and that much of the ‘treatment’ at the clinic was focused solely on affirming a child’s trans identity and not scrutinising related issues such as mental health issues, autistic disorders, and abuse within the family home.
  • I first contacted Mermaids in 2003, when investigating the notion of ‘trans children’ and was given the cold shoulder. Many other individuals and organisations that have grave concerns about its practices have spoken out, and as a result have been labelled bigots and transphobes. That we are now about to be validated is little comfort, bearing in mind the number of lives ruined by irreversible medical intervention on children who, if supported therapeutically, would likely have grown up to be lesbian or gay.
  • As a result of its spiteful attempt to discredit LGB Alliance, it seems the practice and ideology of Mermaids is now being exposed. In my view it is an organisation led by dangerous ideology that promotes medical intervention to kids that simply need to be supported in who they are and in the bodies they were born with. I believe it deserves to be shut down.
Emily Horwitz

'Naked Statistics' by Charles Wheelan - Review - NYTimes.com - 2 views

  • Whether you are healthy, moribund or traversing the stages of decrepitude in between, every morsel of medical advice you receive is pure conjecture — educated guesswork perhaps, but guesswork nonetheless. Your health care provider and your favorite columnist are both mere croupiers, enablers for your health gambling habit.
  • Staying well is all about probability and risk. So is the interpretation of medical tests, and so are all treatments for all illnesses, dire and trivial alike. Health has nothing in common with the laws of physics and everything in common with lottery cards, mutual funds and tomorrow’s weather forecast.
  • Are you impressed with studies showing that people who take Vitamin X or perform Exercise Y live longer? Remember, correlation does not imply causation. Do you obsess over studies claiming to show that various dietary patterns cause cancer? In fact, Mr. Wheelan points out, this kind of research examines not so much how diet affects the likelihood of cancer as how getting cancer affects people’s memory of what they used to eat.
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  • the rest comes from his multiple real world examples illustrating exactly why even the most reluctant mathophobe is well advised to achieve a personal understanding of the statistical underpinnings of life, whether that individual is watching football on the couch, picking a school for the children or jiggling anxiously in a hospital admitting office.
  • And while we’re talking about bias, let’s not forget publication bias: studies that show a drug works get published, but those showing a drug does nothing tend to disappear.
  • The same trade-off applies to the interpretation of medical tests. Unproven disease screens are likely to do little but feed lots of costly, anxiety-producing garbage into your medical record.
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    An interesting article/review of a book that compares statistics and human health. Interestingly enough, it shows that statistics and studies about health are often taken to be true and misinterpreted because we want them to be true, and we want to believe that some minor change in our lifestyles may somehow prevent us from getting cancer, for example. More info about the book from the publisher: http://books.wwnorton.com/books/detail.aspx?ID=24713
Javier E

The Moral Ill Effects of Teaching Economics | Amitai Etzioni - 1 views

  • the hypothesis that teaching economics is debasing people's morality
  • They designed a game where participants were given an allotment of tokens to divide between a private account and a public fund
  • the game was designed to promote free-riding: the socially optimal behavior would be to contribute to the public fund, but the personal advantage was in investing everything in the private fund (as long as the others did not catch on or make the same move).
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  • most subjects divided their tokens nearly equally between the public and private accounts
  • Economics students, by contrast, invested only 20 percent of their tokens in the public fund, on average.
  • Three quarters of non-economists reported that a "fair" investment of tokens would necessitate putting at least half of their tokens in the public fund. A third of economists didn't answer the question or gave "complex, uncodable responses." The remaining economics students were much more likely than their non-economist peers to say that "little or no contribution was 'fair'."
  • Other studies have found economics students to exhibit a stronger tendency towards anti-social positions compared to their peers.
  • Carter and Irons had both economics students and non-economics students play the "ultimatum" game -- a two-player game where one player is given a sum of money to divide between the two. The other player is then given a chance to accept or reject the offer; if she accepts it, then each player receives the portion of money proposed by the offerer. If she declines, then neither player gets any money. Carter and Irons found that, relative to non-economics students, economics students were much more likely to offer their partners small sums, and, thus, deviate from a "fair" 50/50 spilt.
  • Finally, researchers had both economics and non-economics students fill out two "honesty surveys" -- one at the start of the semester and one at the conclusion -- regarding how likely they were to either report being undercharged for a purchase or return found money to its owner. The authors found that, after taking an economics class, students' responses to the end-of-the-semester survey were more likely to reflect a decline in honest behavior than students who studied astronomy.
  • Other studies supported these key findings. They found that economics students are less likely to consider a vendor who increases the price of bottled water on a hot day to be acting "unfairly." Economics students who played a lottery game were willing to commit less of their potential winnings to fund a consolation prize for losers than were their peers. And such students were significantly more willing to accept bribes than other students. Moreover, economics students valued personal achievement and power more than their peers while attributing less importance to social justice and equality.
  • results show that it is not just selection that is responsible for the reported increase in immoral attitudes
  • Later studies support this conclusion. They found ideological differences between lower-level economics students and upper-level economics students that are similar in kind to the measured differences between the ideology of economics students as a whole and their peers. He finds that upper-level students are even less likely to support egalitarian solutions to distribution problems than lower-level students, suggesting that time spent studying economics does have an indoctrination effect.
  • The problem is not only that students are exposed to such views, but that there are no "balancing" courses taught in typical American colleges, in which a different view of economics is presented. Moreover, while practically all economic classes are taught in the "neoclassical" (libertarian, self centered) viewpoint, in classes by non-economists -- e.g., in social philosophy, political science, and sociology -- a thousand flowers bloom such that a great variety of approaches are advanced, thereby leaving students with a cacophony of conflicting pro-social views. What is needed is a systematic pro-social economics, that combines appreciation for the common good and for others as well as for the service of self.
Javier E

Opinion | Bias Is a Big Problem. But So Is 'Noise.' - The New York Times - 1 views

  • The word “bias” commonly appears in conversations about mistaken judgments and unfortunate decisions. We use it when there is discrimination, for instance against women or in favor of Ivy League graduates
  • the meaning of the word is broader: A bias is any predictable error that inclines your judgment in a particular direction. For instance, we speak of bias when forecasts of sales are consistently optimistic or investment decisions overly cautious.
  • Society has devoted a lot of attention to the problem of bias — and rightly so
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  • when it comes to mistaken judgments and unfortunate decisions, there is another type of error that attracts far less attention: noise.
  • To see the difference between bias and noise, consider your bathroom scale. If on average the readings it gives are too high (or too low), the scale is biased
  • It is hard to escape the conclusion that sentencing is in part a lottery, because the punishment can vary by many years depending on which judge is assigned to the case and on the judge’s state of mind on that day. The judicial system is unacceptably noisy.
  • While bias is the average of errors, noise is their variability.
  • Although it is often ignored, noise is a large source of malfunction in society.
  • The average difference between the sentences that two randomly chosen judges gave for the same crime was more than 3.5 years. Considering that the mean sentence was seven years, that was a disconcerting amount of noise.
  • If it shows different readings when you step on it several times in quick succession, the scale is noisy.
  • How much of a difference would you expect to find between the premium values that two competent underwriters assigned to the same risk?
  • Executives in the insurance company said they expected about a 10 percent difference.
  • But the typical difference we found between two underwriters was an astonishing 55 percent of their average premium — more than five times as large as the executives had expected.
  • Many other studies demonstrate noise in professional judgments. Radiologists disagree on their readings of images and cardiologists on their surgery decisions
  • Wherever there is judgment, there is noise — and more of it than you think.
  • Noise causes error, as does bias, but the two kinds of error are separate and independent.
  • A company’s hiring decisions could be unbiased overall if some of its recruiters favor men and others favor women. However, its hiring decisions would be noisy, and the company would make many bad choices
  • Where does noise come from?
  • There is much evidence that irrelevant circumstances can affect judgments.
  • for instance, a judge’s mood, fatigue and even the weather can all have modest but detectable effects on judicial decisions.
  • people can have different general tendencies. Judges often vary in the severity of the sentences they mete out: There are “hanging” judges and lenient ones.
  • People can have not only different general tendencies (say, whether they are harsh or lenient) but also different patterns of assessment (say, which types of cases they believe merit being harsh or lenient about).
  • Underwriters differ in their views of what is risky, and doctors in their views of which ailments require treatment.
  • Once you become aware of noise, you can look for ways to reduce it.
  • independent judgments from a number of people can be averaged (a frequent practice in forecasting)
  • Guidelines, such as those often used in medicine, can help professionals reach better and more uniform decisions
  • imposing structure and discipline in interviews and other forms of assessment tends to improve judgments of job candidates.
  • No noise-reduction techniques will be deployed, however, if we do not first recognize the existence of noise.
  • Organizations and institutions, public and private, will make better decisions if they take noise seriously.
Javier E

The Irrational Consumer: Why Economics Is Dead Wrong About How We Make Choices - Derek ... - 4 views

  • Atlantic.displayRandomElement('#header li.business .sponsored-dropdown-item'); Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website. More Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC. All Posts RSS feed Share Share on facebook Share on linkedin Share on twitter « Previous Thompson Email Print Close function plusOneCallback () { $(document).trigger('share'); } $(document).ready(function() { var iframeUrl = "\/ad\/thanks-iframe\/TheAtlanticOnline\/channel_business;src=blog;by=derek-thompson;title=the-irrational-consumer-why-economics-is-dead-wrong-about-how-we-make-choices;pos=sharing;sz=640x480,336x280,300x250"; var toolsClicked = false; $('#toolsTop').click(function() { toolsClicked = 'top'; }); $('#toolsBottom').click(function() { toolsClicked = 'bottom'; }); $('#thanksForSharing a.hide').click(function() { $('#thanksForSharing').hide(); }); var onShareClickHandler = function() { var top = parseInt($(this).css('top').replace(/px/, ''), 10); toolsClicked = (top > 600) ? 'bottom' : 'top'; }; var onIframeReady = function(iframe) { var win = iframe.contentWindow; // Don't show the box if there's no ad in it if (win.$('.ad').children().length == 1) { return; } var visibleAds = win.$('.ad').filter(function() { return !($(this).css('display') == 'none'); }); if (visibleAds.length == 0) { // Ad is hidden, so don't show return; } if (win.$('.ad').hasClass('adNotLoaded')) { // Ad failed to load so don't show return; } $('#thanksForSharing').css('display', 'block'); var top; if(toolsClicked == 'bottom' && $('#toolsBottom').length) { top = $('#toolsBottom')[0].offsetTop + $('#toolsBottom').height() - 310; } else { top = $('#toolsTop')[0].offsetTop + $('#toolsTop').height() + 10; } $('#thanksForSharing').css('left', (-$('#toolsTop').offset().left + 60) + 'px'); $('#thanksForSharing').css('top', top + 'px'); }; var onShare = function() { // Close "Share successful!" AddThis plugin popup if (window._atw && window._atw.clb && $('#at15s:visible').length) { _atw.clb(); } if (iframeUrl == null) { return; } $('#thanksForSharingIframe').attr('src', "\/ad\/thanks-iframe\/TheAtlanticOnline\/channel_business;src=blog;by=derek-thompson;title=the-irrational-consumer-why-economics-is-dead-wrong-about-how-we-make-choices;pos=sharing;sz=640x480,336x280,300x250"); $('#thanksForSharingIframe').load(function() { var iframe = this; var win = iframe.contentWindow; if (win.loaded) { onIframeReady(iframe); } else { win.$(iframe.contentDocument).ready(function() { onIframeReady(iframe); }) } }); }; if (window.addthis) { addthis.addEventListener('addthis.ready', function() { $('.articleTools .share').mouseover(function() { $('#at15s').unbind('click', onShareClickHandler); $('#at15s').bind('click', onShareClickHandler); }); }); addthis.addEventListener('addthis.menu.share', function(evt) { onShare(); }); } // This 'share' event is used for testing, so one can call // $(document).trigger('share') to get the thank you for // sharing box to appear. $(document).bind('share', function(event) { onShare(); }); if (!window.FB || (window.FB && !window.FB._apiKey)) { // Hook into the fbAsyncInit function and register our listener there var oldFbAsyncInit = (window.fbAsyncInit) ? window.fbAsyncInit : (function() { }); window.fbAsyncInit = function() { oldFbAsyncInit(); FB.Event.subscribe('edge.create', function(response) { // to hide the facebook comments box $('#facebookLike span.fb_edge_comment_widget').hide(); onShare(); }); }; } else if (window.FB) { FB.Event.subscribe('edge.create', function(response) { // to hide the facebook comments box $('#facebookLike span.fb_edge_comment_widget').hide(); onShare(); }); } }); The Irrational Consumer: Why Economics Is Dead Wrong About How We Make Choices By Derek Thompson he
  • First, making a choice is physically exhausting, literally, so that somebody forced to make a number of decisions in a row is likely to get lazy and dumb.
  • Second, having too many choices can make us less likely to come to a conclusion. In a famous study of the so-called "paradox of choice", psychologists Mark Lepper and Sheena Iyengar found that customers presented with six jam varieties were more likely to buy one than customers offered a choice of 24.
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  • Many of our mistakes stem from a central "availability bias." Our brains are computers, and we like to access recently opened files, even though many decisions require a deep body of information that might require some searching. Cheap example: We remember the first, last, and peak moments of certain experiences.
  • The third check against the theory of the rational consumer is the fact that we're social animals. We let our friends and family and tribes do our thinking for us
  • neurologists are finding that many of the biases behavioral economists perceive in decision-making start in our brains. "Brain studies indicate that organisms seem to be on a hedonic treadmill, quickly habituating to homeostasis," McFadden writes. In other words, perhaps our preference for the status quo isn't just figuratively our heads, but also literally sculpted by the hand of evolution inside of our brains.
  • The popular psychological theory of "hyperbolic discounting" says people don't properly evaluate rewards over time. The theory seeks to explain why many groups -- nappers, procrastinators, Congress -- take rewards now and pain later, over and over again. But neurology suggests that it hardly makes sense to speak of "the brain," in the singular, because it's two very different parts of the brain that process choices for now and later. The choice to delay gratification is mostly processed in the frontal system. But studies show that the choice to do something immediately gratifying is processed in a different system, the limbic system, which is more viscerally connected to our behavior, our "reward pathways," and our feelings of pain and pleasure.
  • the final message is that neither the physiology of pleasure nor the methods we use to make choices are as simple or as single-minded as the classical economists thought. A lot of behavior is consistent with pursuit of self-interest, but in novel or ambiguous decision-making environments there is a good chance that our habits will fail us and inconsistencies in the way we process information will undo us.
  • Our brains seem to operate like committees, assigning some tasks to the limbic system, others to the frontal system. The "switchboard" does not seem to achieve complete, consistent communication between different parts of the brain. Pleasure and pain are experienced in the limbic system, but not on one fixed "utility" or "self-interest" scale. Pleasure and pain have distinct neural pathways, and these pathways adapt quickly to homeostasis, with sensation coming from changes rather than levels
  • Social networks are sources of information, on what products are available, what their features are, and how your friends like them. If the information is accurate, this should help you make better choices. On the other hand, it also makes it easier for you to follow the crowd rather than engaging in the due diligence of collecting and evaluating your own information and playing it against your own preferences
Javier E

The Equality Conundrum | The New Yorker - 0 views

  • The philosopher Ronald Dworkin considered this type of parental conundrum in an essay called “What Is Equality?,” from 1981. The parents in such a family, he wrote, confront a trade-off between two worthy egalitarian goals. One goal, “equality of resources,” might be achieved by dividing the inheritance evenly, but it has the downside of failing to recognize important differences among the parties involved.
  • Another goal, “equality of welfare,” tries to take account of those differences by means of twisty calculations.
  • Take the first path, and you willfully ignore meaningful facts about your children. Take the second, and you risk dividing the inheritance both unevenly and incorrectly.
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  • In 2014, the Pew Research Center asked Americans to rank the “greatest dangers in the world.” A plurality put inequality first, ahead of “religious and ethnic hatred,” nuclear weapons, and environmental degradation. And yet people don’t agree about what, exactly, “equality” means.
  • One side argues that the city should guarantee procedural equality: it should insure that all students and families are equally informed about and encouraged to study for the entrance exam. The other side argues for a more direct, representation-based form of equality: it would jettison the exam, adopting a new admissions system designed to produce student bodies reflective of the city’s demography
  • In the past year, for example, New York City residents have found themselves in a debate over the city’s élite public high schools
  • The complexities of egalitarianism are especially frustrating because inequalities are so easy to grasp. C.E.O.s, on average, make almost three hundred times what their employees make; billionaire donors shape our politics; automation favors owners over workers; urban economies grow while rural areas stagnate; the best health care goes to the richest.
  • It’s not just about money. Tocqueville, writing in 1835, noted that our “ordinary practices of life” were egalitarian, too: we behaved as if there weren’t many differences among us. Today, there are “premiere” lines for popcorn at the movies and five tiers of Uber;
  • Inequality is everywhere, and unignorable. We’ve diagnosed the disease. Why can’t we agree on a cure?
  • In a book based on those lectures, “One Another’s Equals: The Basis of Human Equality,” Waldron points out that people are also marked by differences of skill, experience, creativity, and virtue. Given such consequential differences, he asks, in what sense are people “equal”?
  • According to the Declaration of Independence, it is “self-evident” that all men are created equal. But, from a certain perspective, it’s our inequality that’s self-evident.
  • More than twenty per cent of Americans, according to a 2015 poll, agree: they believe that the statement “All men are created equal” is false.
  • In Waldron’s view, though, it’s not a binary choice; it’s possible to see people as equal and unequal simultaneously. A society can sort its members into various categories—lawful and criminal, brilliant and not—while also allowing some principle of basic equality to circumscribe its judgments and, in some contexts, override them
  • Egalitarians like Dworkin and Waldron call this principle “deep equality.” It’s because of deep equality that even those people who acquire additional, justified worth through their actions—heroes, senators, pop stars—can still be considered fundamentally no better than anyone else.
  • In the course of his search, he explores centuries of intellectual history. Many thinkers, from Cicero to Locke, have argued that our ability to reason is what makes us equals.
  • Other thinkers, including Immanuel Kant, have cited our moral sense.
  • Some philosophers, such as Jeremy Bentham, have suggested that it’s our capacity to suffer that equalizes us
  • Waldron finds none of these arguments totally persuasive.
  • In various religious traditions, he observes, equality flows not just from broad assurances that we are all made in God’s image but from some sense that everyone is the protagonist in a saga of error, realization, and redemption: we’re equal because God cares about how things turn out for each of us.
  • Waldron himself is taken by Hannah Arendt’s related concept of “natality,” the notion that what each of us share is having been born as a “newcomer,” entering into history with “the capacity of beginning something anew, that is, of acting.”
  • equality may be not a self-evident fact about human beings but a human-made social construction that we must choose to put into practice.
  • In the end, Waldron concludes that there is no “small polished unitary soul-like substance” that makes us equal; there’s only a patchwork of arguments for our deep equality, collectively compelling but individually limited.
  • Equality is a composite idea—a nexus of complementary and competing intuitions.
  • The blurry nature of equality makes it hard to solve egalitarian dilemmas from first principles. In each situation, we must feel our way forward, reconciling our conflicting intuitions about what “equal” means.
  • The communities that have the easiest time doing that tend to have some clearly defined, shared purpose. Sprinters competing in a hundred-metre dash have varied endowments and train in different conditions; from a certain perspective, those differences make every race unfair.
  • By embracing an agreed-upon theory of equality before the race, the sprinters can find collective meaning in the ranked inequalities that emerge when it ends
  • Perhaps because necessity is so demanding, our egalitarian commitments tend to rest on a different principle: luck.
  • “Some people are blessed with good luck, some are cursed with bad luck, and it is the responsibility of society—all of us regarded collectively—to alter the distribution of goods and evils that arises from the jumble of lotteries that constitutes human life as we know it.” Anderson, in an influential coinage, calls this outlook “luck egalitarianism.”
  • This sort of artisanal egalitarianism is comparatively easy to arrange. Mass-producing it is what’s hard. A whole society can’t get together in a room to hash things out. Instead, consensus must coalesce slowly around broad egalitarian principles.
  • No principle is perfect; each contains hidden dangers that emerge with time. Many people, in contemplating the division of goods, invoke the principle of necessity: the idea that our first priority should be the equal fulfillment of fundamental needs. The hidden danger here becomes apparent once we go past a certain point of subsistence.
  • a core problem that bedevils egalitarianism—what philosophers call “the problem of expensive tastes.”
  • The problem—what feels like a necessity to one person seems like a luxury to another—is familiar to anyone who’s argued with a foodie spouse or roommate about the grocery bil
  • The problem is so insistent that a whole body of political philosophy—“prioritarianism”—is devoted to the challenge of sorting people with needs from people with wants
  • the line shifts as the years pass. Medical procedures that seem optional today become necessities tomorrow; educational attainments that were once unusual, such as college degrees, become increasingly indispensable with time
  • Some thinkers try to tame the problem of expensive tastes by asking what a “normal” or “typical” person might find necessary. But it’s easy to define “typical” too narrowly, letting unfair assumptions influence our judgment
  • an odd feature of our social contract: if you’re fired from your job, unemployment benefits help keep you afloat, while if you stop working to have a child you must deal with the loss of income yourself. This contradiction, she writes, reveals an assumption that “the desire to procreate is just another expensive taste”; it reflects, she argues, the sexist presumption that “atomistic egoism and self-sufficiency” are the human norm. The word “necessity” suggests the idea of a bare minimum. In fact, it sets a high bar. Clearing it may require rethinking how society functions.
Javier E

René Girard has many Silicon Valley disciples... - Berfrois - 1 views

  • A student of Girard’s while at Stanford in the late 1980s, Thiel would go on to report, in several interviews, and somewhat more sub-rosa in his 2014 book, From Zero to One, that Girard is his greatest intellectual inspiration. He is in the habit of recommending Girard’s Things Hidden Since the Foundation of the World (1978) to others in the tech industry.
  • Michel Serres, another French theorist long resident at Stanford, and a strong advocate for Girard’s ideas, has described Girard as the “Darwin of the human sciences”, and has identified the mimetic theory as the relevant analog in the humanities of the Darwinian theory of natural selection.
  • For Girard, everything is imitation. Or rather, every human action that rises above “merely” biological appetite and that is experienced as desire for a given object, in fact is not a desire for that object itself, but a desire to have the object that somebody else already has
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  • The great problem of our shared social existence is not wanting things, it’s wanting things because they are someone else’s.
  • Desire for what the other person has brings about a situation in which individuals in a community grow more similar to one another over time in a process of competition-cum-emulation. Such dual-natured social encounters, more precisely, are typical of people who are socially more or less equal
  • In relation to a movie star who does not even know some average schlub exists, that schlub can experience only emulation (this is what Girard calls “external mediation”), but in relation to a fellow schlub down the street (a “neighbor” in the Girardian-Biblical sense), emulation is a much more intimate affair (“internal mediation”, Girard calls it)
  • This is the moment of what Girard calls “mimetic crisis”, which is resolved by the selection of a scapegoat, whose casting-out from the community has the salvific effect of unifying the opposed but undifferentiated doubles
  • In a community in which the mimetic mechanism has led to widespread non-differentiation, or in other words to a high degree of conformity, it can however happen that scapegoating approaches something like the horror scenario in Shirley Jackson’s 1948 tale, “The Lottery”
  • As a modest theory of the anthropology of punishment, these observations have some promise.
  • he is a practically-minded person’s idea of what a theorist is like. Girard himself appears to share in this idea: a theorist for him is someone who comes up with a simple, elegant account of how everything works, and spends a whole career driving that account home.
  • Girard is not your typical French intellectual. He is a would-be French civil-servant archivist gone rogue, via Bloomington, Baltimore, Buffalo, and finally at Stanford, where his individual brand of New World self-reinvention would be well-received by some in the Silicon Valley subculture of, let us say, hyper-Whitmanian intellectual invention and reinvention.
  • Most ritual, in fact, strikes me as characterized by imitation without internal mediation or scapegoating.
  • I do not see anything more powerfully explanatory of this phenomenon in the work of Girard than in, say, Roland Barthes’s analysis of haute-couture in his ingenious 1967 System of Fashion, or for that matter Thorstein Veblen on conspicuous consumption, or indeed any number of other authors who have noticed that indubitable truth of human existence: that we copy each other
  • whatever has money behind it will inevitably have intelligent-looking people at least pretending to take it seriously, and with the foundation of the Imitatio Project by the Thiel Foundation (executive director Jimmy Kaltreider, a principal at Thiel Capital), the study and promotion of Girardian mimetic theory is by now a solid edifice in the intellectual landscape of California.
  • with Girard what frustrates me even more is that he does not seem to detect the non-mimetic varieties of desire
  • Perhaps even more worrisome for Girard’s mimetic theory is that it appears to leave out all those instances in which imitation serves as a force for social cohesion and cannot plausibly be said to involve any process of “internal mediation” leading to a culmination in scapegoating
  • the idea that anything Girard has to say might be particularly well-suited to adaptation as a “business philosophy” is entirely without merit.
  • dancing may be given ritual meaning — a social significance encoded by human bodies doing the same thing simultaneously, and therefore in some sense becoming identical, but without any underlying desire at all to annihilate one another. It is this significance that the Australian poet Les Murray sees as constituting the essence of both poetry and religion: both are performed, as he puts it, “in loving repetition”.
  • There are different kinds of theorist, of course, and there is plenty of room for all of us. It is however somewhat a shame that the everything-explainers, the hammerers for whom all is nail, should be the ones so consistently to capture the popular imagination
  • Part of Girard’s appeal in the Silicon Valley setting lies not only in his totalizing urge, but also in his embrace of a certain interpretation of Catholicism that stresses the naturalness of hierarchy, all the way up to the archangels, rather than the radical egalitarianism of other tendencies within this faith
  • Girard explains that the positive reception in France of his On Things Hidden Since the Foundation of the World had to do with the widespread misreading of it as a work of anti-Christian theory. “If they had known that there is no hostility in me towards the Church, they would have dismissed me. I appeared as the heretic, the revolted person that one has to be in order to reassure the media
  • Peter Thiel, for his part, certainly does not seem to feel oppressed by western phallocracy either — in fact he appears intent on coming out somewhere at the top of the phallocratic order, and in any case has explicitly stated that the aspirations of liberal democracy towards freedom and equality for all should rightly be seen as a thing of the past. In his demotic glosses on Girard, the venture capitalist also seems happy to promote the Girardian version of Catholicism as a clerical institution ideally suited to the newly emerging techno-feudalist order.
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