Complacency in a Leaderless World by Joseph E. Stiglitz - Project Syndicate
"A high point of the meeting was the speech by Christine Lagarde, the International Monetary Fund’s managing director, who stressed the marked change in her institution, at least at the top: deep concern about women’s rights; renewed emphasis on the link between inequality and instability; and recognition that collective bargaining and minimum wages could play an important role in reducing inequality. If only the IMF programs in Greece and elsewhere fully reflected these sentiments!"
Thursday, February 21, 2013
Tweeting Tyrants Out of Tunisia: Global Internet at Its Best | Threat Level | Wired.com
Tweeting Tyrants Out of Tunisia: Global Internet at Its Best | Threat Level | Wired.com
People risked their lives in the street, with some getting a bullet for their troubles, but the internet played a significant role in organizing these protests and in disseminating news and pictures of them to the world.
People risked their lives in the street, with some getting a bullet for their troubles, but the internet played a significant role in organizing these protests and in disseminating news and pictures of them to the world.
Thursday, January 31, 2013
Complex Games Lead To Irrational Decision Making In Games And Markets - Science News - redOrbit
Complex Games Lead To Irrational Decision Making In Games And Markets - Science News - redOrbit
They went on to note that their findings could apply not only to enjoyable pastimes like games, but to financial trading on stock markets as well.
They went on to note that their findings could apply not only to enjoyable pastimes like games, but to financial trading on stock markets as well.
Wednesday, January 9, 2013
imagined networks: cybernetics and politics
imagined networks: cybernetics and politics
"I’ve read a little about the Cybersyn project implemented during Allende’s socialist government in Chile from 1971-1973. It attempted to control the Chilean economy from a central electronic top-down command center that could respond instantaneously to the various workings of Chilean industrial production—using Telex machines, it wanted to keep track of individual machine failings, worker productivity, etc, and to use these things to statistically forecast and model the Chilean economy. This top-down modeling happened, crucially, from a national command center—literally a room—where the information was directed, compiled, and acted upon by analysts working for the Chilean government. Real-time response gave these data points flow."
"I’ve read a little about the Cybersyn project implemented during Allende’s socialist government in Chile from 1971-1973. It attempted to control the Chilean economy from a central electronic top-down command center that could respond instantaneously to the various workings of Chilean industrial production—using Telex machines, it wanted to keep track of individual machine failings, worker productivity, etc, and to use these things to statistically forecast and model the Chilean economy. This top-down modeling happened, crucially, from a national command center—literally a room—where the information was directed, compiled, and acted upon by analysts working for the Chilean government. Real-time response gave these data points flow."
Wednesday, January 2, 2013
Coase: Are Economists Becoming Irrelevant?
Coase: Are Economists Becoming Irrelevant?
"Coase is a guiding force behind the New Institutional Economics. NIE is an interdisciplinary enterprise combining economics, law, organization theory, political science, sociology and anthropology to understand the institutions of social, political and commercial life. It borrows from various social-science disciplines, but its primary language is economics. NIE’s goal is to explain what institutions are, how they arise, what purposes they serve, how they change and how – if at all – they should be reformed. In addition to Coase, Oliver E. Williamson, Elinor Ostrom and Douglass North are founding members."
"Coase is a guiding force behind the New Institutional Economics. NIE is an interdisciplinary enterprise combining economics, law, organization theory, political science, sociology and anthropology to understand the institutions of social, political and commercial life. It borrows from various social-science disciplines, but its primary language is economics. NIE’s goal is to explain what institutions are, how they arise, what purposes they serve, how they change and how – if at all – they should be reformed. In addition to Coase, Oliver E. Williamson, Elinor Ostrom and Douglass North are founding members."
P2P Foundation » Blog Archive » A key feature of peer production: How a Stigmergy of Actions Replaces Representation of Persons
P2P Foundation » Blog Archive » A key feature of peer production: How a Stigmergy of Actions Replaces Representation of Persons
"“Stigmergy is a mechanism of indirect coordination between agents or actions. The principle is that the trace left in the environment by an action stimulates the performance of a next action, by the same or a different agent. In that way, subsequent actions tend to reinforce and build on each other, leading to the spontaneous emergence of coherent, apparently systematic activity. Stigmergy is a form of self-organization. It produces complex, seemingly intelligent structures, without need for any planning, control, or even direct communication between the agents. – Wikipedia"
"“Stigmergy is a mechanism of indirect coordination between agents or actions. The principle is that the trace left in the environment by an action stimulates the performance of a next action, by the same or a different agent. In that way, subsequent actions tend to reinforce and build on each other, leading to the spontaneous emergence of coherent, apparently systematic activity. Stigmergy is a form of self-organization. It produces complex, seemingly intelligent structures, without need for any planning, control, or even direct communication between the agents. – Wikipedia"
Wednesday, December 26, 2012
Stigmergy | GeorgieBC's Blog
Stigmergy | GeorgieBC's Blog
"A new system of governance or collaboration that does not follow a competitive hierarchical model will need to employ stigmergy in most of its action based systems. It is neither reasonable nor desirable for individual thought and action to be subjugated to group consensus in matters which do not affect the group, and it is frankly impossible to accomplish complex tasks if every decision must be presented for approval; that is the biggest weakness of the hierarchical model. The incredible success of so many internet projects are the result of stigmergy, not cooperation, and it is stigmergy that will help us build quickly, efficiently and produce results far better than any of us can foresee at the outset."
"A new system of governance or collaboration that does not follow a competitive hierarchical model will need to employ stigmergy in most of its action based systems. It is neither reasonable nor desirable for individual thought and action to be subjugated to group consensus in matters which do not affect the group, and it is frankly impossible to accomplish complex tasks if every decision must be presented for approval; that is the biggest weakness of the hierarchical model. The incredible success of so many internet projects are the result of stigmergy, not cooperation, and it is stigmergy that will help us build quickly, efficiently and produce results far better than any of us can foresee at the outset."
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