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Both help people understand the dynamics of emotions, relationships and behaviors better.

Normal accidents, like these, occur because two or more independent failures happen and interact in unpredictable ways. After studying calamities such as the Three Mile Island meltdown, explosions at chemical plants, and ships colliding in the open sea, Perrow observed that safety mechanisms put in place to make the systems safer in fact frequently trigger the final failure.

That solution won’t work for financial markets. We need currency hedges, futures markets, and derivatives to keep our economic systems functioning. But we also have to realize tweaking the current system will not fix the problem. Most of the supposedly strong cures implemented by legislators to date, such as prohibiting bank holding companies from proprietary trading, are inadequate as well.

how do we make our markets less danger prone? A good place to start would be to reduce the excessive trading volumes that lie at the root of accidents like the Flash Freeze, Flash Cash, and Goldman debacle. There is no valid reason for high frequency trading to make up more than 50 percent of all stock trades, and there is no pressing need for some $4 trillion in daily foreign currency transactions. A Tobin tax on transactions, first suggested by Noble laureate James Tobin in 1972, of as little as 0.1 percent, would significantly reduce these volumes. Smaller transaction volumes would reduce the size of accidents and possibly their frequency.

But tinkering with the current system and looking for easy ways out, as we are now, is bound to fail. We’re in danger of letting normal accidents in the financial system become all too normal.

the sociologist William H. Whyte

The Street Life Project, as it was called, was revolutionary in urban planning, changing not only the way we think about public spaces but also what can be learned in this kind of close observational research of human interaction.

affected people’s enjoyment of a public space

We could make people happier.

Are we really talking to one another? Is modernity making us lonely?

Project for Public Spaces

time-lapse films of four major urban nodes — Bryant Park; the front steps of New York’s Metropolitan Museum of Art; a corner of Chestnut Street in Center City Philadelphia; and Downtown Crossing in Boston — in order to better understand how people used the spaces and how they might be improved.

studies how digital technology changes our lives

What’s the most important element in shaping the college experience?

who meets whom, and when

So what should students do to get more out of college?

As a freshman, live in one of the old-fashioned dorms with the long hallways, multiple roommates and communal bathroom, where you’ll have to bump into a lot of different people every day.

In choosing classes, pick the teacher over the topic.

Try to get to know a lot of people your first year, when everyone is looking for friends.

It helps to join a large high-contact activity, like a sports team or choir

it only takes two or three close friends and one or two great professors to have a fulfilling college experience

should students take as many small classes as they can get into?

Small classes are great. But most colleges also have some wonderful very large classes

What should colleges do to make students’ experiences better?

things that give the biggest payoff for the least effort

What do colleges do that doesn’t improve the experience?

Strategic plans.

“If you ask me, economics has never been better,” says Josh Angrist, an MIT economist who led the study. “It’s never been more useful. It’s never been more scientific and more evidence-based.”

The study also details the relationship between economics and four additional social science disciplines: anthropology, political science, psychology, and sociology. Among these, political science has overtaken sociology as the discipline most engaged with economics. Psychology papers now cite economics research about as often as they cite works of sociology. The new intellectual connectivity between economics and psychology appears to be a product of the growth of behavioral economics, which examines the irrational, short-sighted financial decision-making of individuals — a different paradigm than the assumptions about rational decision-making found in neoclassical economics.

“It really seems to be the diversity of economics that makes it do well in influencing other fields,” Ellison says. “Operations research, computer science, and psychology are paying a lot of attention to economic theory. Sociologists are paying a lot of attention to labor economics, marketing and management are paying attention to industrial organization, statisticians are paying attention to econometrics, and the public health people are paying attention to health economics. Just about everything in economics is influential somewhere.”

“We’re at the beginning of a 10-year period where we’re going to transition from computers that can’t understand language to a point where computers can understand quite a bit about language.”

E-discovery technologies generally fall into two broad categories that can be described as “linguistic” and “sociological.”

The most basic linguistic approach uses specific search words to find and sort relevant documents. More advanced programs filter documents through a large web of word and phrase definitions.

The sociological approach adds an inferential layer of analysis, mimicking the deductive powers of a human Sherlock Holmes

To try to cover up the obvious shortcomings of their profoundly antisocial pedagogical model, many business schools tack on courses in ethics, corporate social responsibility, and the like, then shrug their collective shoulders when their graduates behave in ways that would make Vikings and pirates blush.

The only truly socially responsible management curriculum would be one built from the ground up out of the liberal arts – economics, of course, but also history, philosophy, political science, psychology, and sociology – because those are the core disciplines of social scientific and humanistic inquiry.

Properly understood, they are not “subjects” but ways of thinking about human beings, their behaviors, their institutions (of which businesses are just a small subset), and the ways they interact with the natural world. Only intelligent people with broad and deep backgrounds in the liberal arts can consistently make ethical decisions that are good for stakeholders, consumers, and the world they share.

Precisely because they are not deeply rooted in the liberal arts, many business schools try to inculcate messages into the brains of their students that are unscientific, mere fashions that cycle into and then out of popularity.

No one can seriously purport to understand corporate X (finance, formation, governance, social responsibility, etc.) today who does not understand X’s origins and subsequent development. Often, then, the historian of corporate X is the real expert, not the business school professor who did a little consulting, a few interviews, and a survey.

Lurking somewhere in the background of most great business leaders, ones who helped their companies, their customers, and the world, is a liberal arts education.

Instead of forcing students to choose between a broad liberal arts degree or a business career, business schools and liberal arts departments ought to work together to integrate all methods of knowing into a seamless whole focused on key questions and problems important to us all

There is not a single question of importance in the business world that does not have economic, historical, philosophical, political, psychological, and sociological components that are absolutely crucial to making good (right and moral) decisions. So why continue to divide understanding of the real world into hoary compartments

Peterson deserves a full, appropriately complex accounting of his best and worst arguments; I intend to give him one soon. For now, I can only tell you how the Peterson phenomenon manifested one night in Aspen

“For the first time in human history the spoken word has the same reach as the written word, and there are no barriers to entry. That’s a Gutenberg revolution,” he said. “That’s a big deal. This is a game changer. The podcast world is also a Gutenberg moment but it’s even more extensive. The problem with books is that you can’t do anything else while you’re reading. But if you’re listening to a podcast you can be driving a tractor or a long haul truck or doing the dishes. So podcasts free up two hours a day for people to engage in educational activity they otherwise wouldn’t be able to engage in. That’s one-eighth of people’s lives. You’re handing people a lot of time back to engage in high-level intellectual education.

that technological revolution has revealed something good that we didn’t know before: “The narrow bandwidth of TV has made us think that we are stupider than we are. And people have a real hunger for deep intellectual dialogue.”

I’ve known for years that the university underserved the community, because we assumed that university education is for 18- to 22-year-olds, which is a proposition that’s so absurd it is absolutely mind-boggling that anyone ever conceptualized it. Why wouldn’t you take university courses throughout your entire life? What, you stop searching for wisdom when you’re 22? I don’t think so. You don’t even start until you’re like in your mid 20s. So I knew universities were underserving the broader community a long time ago. But there wasn’t a mechanism whereby that could be rectified.

Universities are beyond forgiveness, he argued, because due to the growing ranks of administrators, there’s been a radical increase in tuition. “Unsuspecting students are given free access to student loans that will cripple them through their 30s and their 40s, and the universities are enticing them to extend their carefree adolescence for a four year period at the cost of mortgaging their future in a deal that does not allow for escape through bankruptcy,” he complained. “So it’s essentially a form of indentured servitude. There’s no excuse for that … That cripples the economy because the students become overlaid with debt that they’ll never pay off at the time when they should be at the peak of their ability to take entrepreneurial risks. That’s absolutely appalling.”

A critique I frequently hear from Peterson’s critics is that everything he says is either obvious or wrong. I think that critique fails insofar as I sometimes see some critics calling one of his statements obvious even as others insist it is obviously wrong.

a reliable difference among men and women cross-culturally is that men are more aggressive than women. Now what's the evidence for that? Here's one piece of evidence: There are 10 times as many men in prison. Now is that a sociocultural construct? It's like, no, it's not a sociocultural construct. Okay?

Here's another piece of data. Women try to commit suicide more than men by a lot, and that's because women are more prone to depression and anxiety than men are. And there are reasons for that, and that's cross-cultural as well. Now men are way more likely to actually commit suicide. Why? Because they're more aggressive so they use lethal means. So now the question is how much more aggressive are men than women? The answer is not very much. So the claim that men and women are more the same than different is actually true. This is where you have to know something about statistics to understand the way the world works, instead of just applying your a priori ideological presuppositions to things that are too complex to fit in that rubric.

So if you draw two people out of a crowd, one man and one woman, and you had to lay a bet on who was more aggressive, and you bet on the woman, you'd win 40 percent of the time. That's quite a lot. It isn't 50 percent of the time which would be no differences. But it’s a lot. There are lots of women who are more aggressive than lots of men. So the curves overlap a lot. There's way more similarity than difference. And this is along the dimension where there's the most difference. But here's the problem. You can take small differences at the average of a distribution. Then the distributions move off to the side. And then all the action is at the tail. So here's the situation. You don't care about how aggressive the average person is. It's not that relevant. What people care about is who is the most aggressive person out of 100, because that's the person you'd better watch out for.

Whenever I'm interviewed by journalists who have the scent of blood in their nose, let's say, they're very willing and able to characterize the situation I find myself in as political. But that's because they can't see the world in any other manner. The political is a tiny fraction of the world. And what I'm doing isn't political. It's psychological or theological. The political element is peripheral. And if people come to the live lectures, let's say, that's absolutely self-evident

In a New York Times article titled, “Jordan Peterson, Custodian of the Patriarchy,” the writer Nellie Bowles quoted her subject as follows:

Violent attacks are what happens when men do not have partners, Mr. Peterson says, and society needs to work to make sure those men are married. “He was angry at God because women were rejecting him,” Mr. Peterson says of the Toronto killer. “The cure for that is enforced monogamy. That’s actually why monogamy emerges.” Mr. Peterson does not pause when he says this. Enforced monogamy is, to him, simply a rational solution. Otherwise women will all only go for the most high-status men, he explains, and that couldn’t make either gender happy in the end.

Ever since, some Peterson critics have claimed that Peterson wants to force women to have sex with male incels, or something similarly dystopian.

...it's an anthropological truism generated primarily through scholars on the left, just so everybody is clear about it, that societies that use monogamy as a social norm, which by the way is virtually every human society that ever existed, do that in an attempt to control the aggression that goes along with polygamy. It's like ‘Oh my God, how contentious can you get.’ Well, how many of you are in monogamous relationships? A majority. How is that enforced?...

If everyone you talk to is boring it’s not them! And so if you're rejected by the opposite sex, if you’re heterosexual, then you're wrong, they're not wrong, and you've got some work to do, man. You've got some difficult work to do. And there isn't anything I've been telling young men that's clearer than that … What I've been telling people is take the responsibility for failure onto yourself. That's a hint that you've got work to do. It could also be a hint that you're young and useless and why the hell would anybody have anything to do with you because you don't have anything to offer. And that's rectifiable. Maturity helps to rectify that.

And what's the gender? Men. Because if you go two standard deviations out from the mean on two curves that overlap but are disjointed, then you derive an overwhelming preponderance of the overrepresented group. That's why men are about 10 times more likely to be in prison.  

Weiss: You are often characterized, at least in the mainstream press, as being transphobic. If you had a student come to you and say, I was born female, I now identify as male, I want you to call me by male pronouns. Would you say yes to that?

Peterson: Well, it would depend on the student and the context and why I thought they were asking me and what I believe their demand actually characterized, and all of that. Because that can be done in a way that is genuine and acceptable, and a way that is manipulative and unacceptable. And if it was genuine and acceptable then I would have no problem with it. And if it was manipulative and unacceptable then not a chance. And you might think, ‘Well, who am I to judge?’ Well, first of all, I am a clinical psychologist, I've talked to people for about 25,000 hours. And I'm responsible for judging how I am going to use my words. I'd judge the same way I judge all my interactions with people, which is to the best of my ability, and characterized by all the errors that I'm prone to. I'm not saying that my judgment would be unerring. I live with the consequences and I'm willing to accept the responsibility.

But also to be clear about this, it never happened––I never refused to call anyone by anything they had asked me to call them by, although that's been reported multiple times. It's a complete falsehood. And it had nothing to do with the transgender issue as far as I'm concerned.

type one and type two error problem

note what his avowed position is: that he has never refused to call a transgender person by their preferred pronoun, that he has done so many times, that he would always try to err on the side of believing a request to be earnest, and that he reserves the right to decline a request he believes to be in bad faith. Whether one finds that to be reasonable or needlessly difficult, it seems irresponsible to tell trans people that a prominent intellectual hates them or is deeply antagonistic to them when the only seeming conflict is utterly hypothetical and ostensibly not even directed against people that Peterson believes to be trans, but only against people whom he does not believe to be trans

Students seeking to make informed decisions about their career path must understand the nature of each subject in order to make the proper choice about their course of study.

Asks questions about comprehensive issues, such as “How will ‘x’ affect the continued development or wellness of the community?”