“A players hire A players. B players hire C players. Then comes the Bozo explosion” This is well explained by the Dunning-Kruger effect, “Idiots are too stupid to know they are idiots.” This can be seen as a minor corollary of the “Five Laws of Stupidity” which assert that idiots are the most dangerous kind [...]
Read more →The Phases of Money We discuss money as if it was water – a liquid, flexible, easily-measured, infinitely dividable pure substance. This aspect of money is well understood. But we live in a situation where very nearly all the wealth in the world seems to be tied up in destructive forms. If the money is [...]
Read more →Nathan Koren brought it to my attention. You should watch Utopia from Channel 4. It’s the bastard love-child of your brain, David Lynch’s, and Grant Morrison’s, on a bad nutmeg trip. This sounded implausible, but I duly fired up their iPlayer and got caught up. There are six episodes. Each episode leads people a little [...]
Read more →Punchline: Fracking probably holds the global economy together long enough for cheap solar to take over by 2020. (note: I used to work at the Rocky Mountain Institute, and worked on http://smallisprofitable.org and http://oilendgame.com. I’ve also spent a bit of time doing geostrategy around resource conflict) Details: I’ve been sold on the risk (I’d put [...]
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