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Our starting point is Tetlock's sacred value protection model (SVPM), which takes as its starting point an undeniable fact of political life: the tendency of like-minded souls to coalesce into communities of cobelievers dedicated to defending and advancing shared values. The SVPM posits that cobelievers seek reassurance from each other that their be liefs are not mere social conventions but rather are anchored in backstop or sacred values beyond challenge. These values can be as diverse as the causes around which human beings cluster: in pro-life communities, it would be bizarre to challenge the sacred mission of saving the unborn; in libertarian communities, it would be bizarre to challenge the sacred status of property rights ; and in scientific communities or groups relying on scientific expertise, it would be bizarre to challenge the notion that assertions about nature can be tested objectively (within a range of uncertainty) and deep truths revealed. Those foolish enough to ask why sacred values are so special - what is wrong with stem cell research or faking data or redistributive taxation? - reveal themselves to be dim-witted or ill-intentioned outsiders who just don't get it. Read more... )
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A Libertarian's dilemma:

A free market for thug services interferes with a free market for sunflower seeds.

Ceasefire violator: Gaza merchant fearing for his livelihood

Mortar shells fired towards Israel several days ago threatened stability of shaky truce. Now Palestinians say man behind launch was sunflower seed merchant who feared opening of border crossings would leave him overstocked. Hamas has taken him into custodyRead more... )
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IMMORTALITY
by William S. Burroughs

http://www.interpc.fr/mapage/westernlands/immortality.html

The vampire converts quality-live blood, vitality, youth, talent-into quantity-food and time for himself. He perpetrates the most basic betrayal of the spirit, reducing all human dreams to his shit. And that's the wrongest wrong a man can be.



- remarkable parallels with Pelevin's Empire V ( vampirism and etc.). all of it goes back to Nietzsche.

- geog 110. food production: from family to global market
watertank: (Default)
This study examines the Endowment Effect in the context of evaluating information. ...
Results show that, in agreement with Endowment Effect theory, people value information they own much more than information not owned by them. Our findings indicate that the ratio between Willingness to Accept (WTA) and Willingness to Purchase (WTP) for information is similar to that for market goods, and as with market goods, other than rational. Participants exhibited a strong inclination to purchase but not to sell information even though profit data suggests that the use of information had no objective benefit for profit-making. This preference is attributed to risk aversion rather than to loss aversion which is the most widely-accepted explanation of the Endowment Effect.
http://gsb.haifa.ac.il/~sheizaf/publications/RabanRafaeliSubjectiveIADISJan2003.pdf



stock market, patent system, amazon, web 2.0, open source as methods to overcome the Endowment Effect

also, why high-tech is more like porn than movies.
watertank: (Default)
The Canadian company on Tuesday gave a public demonstration of Orion, its quantum computer, at the Computer History Museum in Mountain View, Calif. D-Wave said it is going to try to sell computing services to corporate customers in the first quarter of 2008.

Quantum computers, which researchers have experimented with for years but which haven't yet existed outside of the laboratory, are radically different than today's electronic computers. D-Wave's computer is based around a silicon chip that houses 16 "qubits," the equivalent of a storage bit in a conventional computer, connected to each other. Each qubit consists of dots of the element niobium surrounded by coils of wire.

When electrical current comes down the wire, magnetic fields are generated, which, in turn, causes the change in the state of the qubit. Because scientists understand how niobium will react to magnetic fields and calculate the exact pattern and timing of the magnetic fields created, the pattern of changes exhibited by the niobium can then be translated into an answer that humans can understand.
http://news.com.com/Start-up+demos+quantum+computer/2100-1008_3-6159152.html?tag=nefd.top


Could make a good case study for a technology/market timing predictor. Especially, in view
But is there a market for renting computing cycles? Sun Microsystems a few years ago opened up a server farm for hire for chemical and pharmaceutical companies. It has found few takers.
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Money does not occur in nature, says the historian Jack Weatherford.
Whether the first coins were used exactly as we use money now is open to doubt. The first coins would have been so valuable they could nvever have been anything like 'change'. The main breakthrough, to commodification, probably came with the introduction of bimetallic coinages, gold an silver and/or copper.
But the eventual change in life that the invention of money brought about was momentous. It was in a Lydian city, Sardis, that the first retail market was introduced, when anyone could come to the market and sell, for money, whatever they had.
More fundamentally, the advent of money enabled people to break out from their kin group. Money became the link between people, creating a nexus that had not been possible under the barter system. In the same way, money weakend traditional ties and that, in time, had profound political implications. Work and human labour became a commdity, with a coin-related value attached, and therefore time too could be measured in the same way. Ibid. p.71.

Money als vastly promoted international trade. This, more than anything, helped the spread of ideas around the globe. After Sardis, the great urban centres of the world were as likely to be market towns as places of worship, or the homes of kings. Ibid. p.72.


an alternative control mechanism emerges, one that allows for more flexible control of the flow of goods/services. Co-evolution of market-and-money is the greatest source of change in human society.

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