23 Comments

S&P is in the news today.

Ideally, S&P would establish guidelines and judge companies and countries along those guidelines. They would say, for example, 30% debt to GDP is the max for triple AAA countries, downgrade countries higher than that benchmark, and upgrade countries below that threshold. The market and politicians would have a clearer idea of what behaviors will be penalized. There would be no shocks or surprises.

This is generally how S&P judges small countries and insignificant market transactions.

There is no 30% hypothetical, but they bent the rules for the US. S&P is not very popular today, but they've never been more powerful. Congress can't repeal S&P's special status since it would seem like punishment for S&P's action. S&P is also dictating terms to the White House, Treasury and Congress. Politicians are using this downgrade to further political ends vs the other party. S&P is the clear market leader, with Moody's, Fitch, and Egan-Jone in the rear. It at least seems like getting S&P's approval means more than approval from other rating firms.

Strict policing benefits insiders you said. Well, loose policing apparently benefits the police.

Expand full comment

The women in my freshman year college dorm decided to have a "no-mirror" week to celebrate natural beauty and boycott societal norms. The initiator and main advocate was easily the most attractive woman in the 200-student dorm.

What's going on here? Is it simply that she had the least to lose? I suspect there is more here. Any insights would be appreciated.

Expand full comment

Via Yglesias, patients give top marks to hospitals with poor track records.

Expand full comment

Yikes. I wish we could edit posts. The first post should read, "a non-omnipotent alien WITH a really, really awesome computer."

Expand full comment

Deism is not theism. Looking at how Wikipedia defines deism, I don't see any reason a deist would object to the idea of the creator being a non-omnipotent alien a really, really awesome computer. If this is atheism, I don't think many deists would object to being called atheists.

Expand full comment

I would say "no". It's a reevaluation of the size of our universe, not an argument against atheism or against active intervation by a simulator.

Expand full comment

Does simulationism count as a species of deism?

Expand full comment

That idea is interesting but it doesn't explain to me why people are so interested in how things look. Why does everything have to look good? Why do people put a substantial chunk of their resources into making things look good, or buying things that are?

Evolutionary psych has not explained all of this phenomenon. Symmetrical faces and clear skin, yes, but what about fashion, interior design, product design, special effects, or even tidiness? Why aren't products and buildings designed purely functionally? It's fascinating to think not only about all the effort that is put into visual outcomes, but how the world would look without it.

To me, this indicates something brain architectural is driving this, from the inside - out, and not the other way around as the status theory suggests. This makes sense given that the general nature of creativity is innovation under relatively severe constraints. So much of our visual input is thrown away on it's way to the higher level visual cortical areas that most of what we see is invented by the brain anyway. If we order our world (effectively choking visual input) to the point that the cognitive load implies excess capacity, then that capacity is either lost, or artificially retained. Use it or lose it. Via culture, we use it.

Expand full comment

Twitter messages, aka tweets, are limited to 140 characters.

Users rely on code words, labels, and shorthand to maximize the content of each message.

A side effect is tweets look the same whether they come from intelligent people or unintelligent people.

This author says Twitter should allow tweets up to 280 characters, arguing the original 140 character limit is not necessary given technological advances.

http://www.slate.com/id/229...

I suspect what this author wants is the ability to distinguish himself, to signal his intelligence.

Expand full comment

It's got nothing to do with 'surplus capacity'. The arts etc. are super-stimuli.

http://en.wikipedia.org/wik...

Expand full comment

Beautiful is to good, what delicious is to hungry. It means that human values are being produced. Delicious food is easy to understand from an evolutionary point of view, but what about beauty?

Our hypertrophic brains coupled with standard sensory apparatus are like a big engine in a relatively moderate size car. The engine is normally 'bored', until it sees a mountain, which looks beautiful. The mountain exercises the engine to it's limits (or beyond). Culture does the same for our big brains. It's stresses the brain closer to it's capacity, without which, atrophy ensures. To quote your quote;

“Cerebral atrophy is a big problem in aging, and it turns out the process begins not in middle age, but at approximately 2 years of age – at least for the neurons that comprise the gray matter of the cerebral cortex. Brain cell loss and degeneration become morphologically apparent in the brain’s white matter by the time we are in our early 20’s, although there is evidence that more subtle changes have been afoot for much longer.”Is this something peculiar to humans? If so I believe it indicates that the human brain is in a non-equilibrium state - bigger and more capable than it strictly has to be. We used to need it all, in the hunter-gatherer era when the cognitive demands where both high and constant, but since farming we have surplus capacity, but rather than letting evolution shrink our brains (they have to some extent), we have found another, higher level purpose with which to entertain ourselves, but also to extend our social and political selves - another platform for competition, status management and wealth accumulation. If you don't get enough of this culture stuff, your brain will shrink, or more accurately, attain the size that it would otherwise be without cultural stimulation.

That the forces of culture and evolution are tugging the brain in opposite directions may partly explain some of the odd problems that humans suffer from; Schizophrenia, Alzheimer's, etc. That we dream while sleeping seems to be the result of brain so starved of stimulus that generates it's own. Could art, movies, cosmetics, fashion and music simply be a sort of daytime dreaming for undernourished cognizers?

Expand full comment

Art works are the *objects* of consciousness. That is, everything we hold in conscious experience can be considered art. The generation of art is what consciousness does. We all live in a 'virtual reality' designed by our minds, of which art is the natural language of qualia.

My ontology shows that consciousness is a combination of categorization (formation of analogies) and the generation of narratives that compress represesentions of our goals into forms of minimal complexity. So a more precise definition of art is that it is narrative which is the product of creative effort. This is consistent with Hanson's 'far mode'. Far mode is more or less equivalent to artistic representation/conscious experience. Narratives (art works) are simplified (compressed) representations of our goals based on categorization.

It's very interesting that the Arabic words for 'goodness' and 'beauty' are interchangeable.

‘hasanu’ in Arabic means good and beautiful, ‘kalos’ in Greek and ‘shappira’ in Syriac have the same meaning. There’s no real difference between good and beautiful.

Expand full comment

What level of meekness should a migrant project?

If he projects too little meekness, nobody gives him a job.If he projects too much, he gets bullied, badly.

Typically, the solution is the person should exhibit meekness at work and turn into a lion outside office, but most people maintain our level of meekness throughout the day.

Expand full comment

It's been said people would rather make $50,000 when everyone else is making $40,000 than make $100,000 when everyone else gets $200,000.

What about this?

Would people rather be in the bottom 20% out of 10, or be in the bottom 30% out of 1,000? I think people would prefer bottom 20% out of 10.

The bottom 30% of 1,000 is a stronger conclusion and indictment than being in the bottom 20% of a small population.

Expand full comment

This is the truth, it is hidden, it is how we got to the present crisis.The system severely fools the people. Our track record is serial herd behavior: "Real Homes, Real Dow" at http://homepage.mac.com/tts...And it is kept out of sight! Clearly, the main enabler of sizable asset price bubbles (very harmful!) is keeping the real price histories out of sight!

the 7th Comment 7/30/2011http://www.speaker.gov/blog...

Expand full comment