The Median is Not the Message. Skewed distributions and Long Tails! #Gould v #Taleb Naming Names with John Ward at the Slog.

The Median is not the message

The Median Isn’t the Message, by Stephen Jay Gould .#FakeNumbers are the new #FakeNews

(In a symmetrical distribution, the profile of variation to the left of the central tendency is a mirror image of variation to the right. In skewed distributions, variation to one side of the central tendency is more stretched out—left skewed if extended to the left, right skewed if stretched out to the right.)

I didn’t have to stop and immediately follow Isaiah’s injunction to Hezekiah—set thine house in order for thou shalt die, and not live. I would have time to think, to plan, and to fight.

The Median and the mean

N1, N100 and NLarge

Soundbites, Narratives and Policy

consumption, Investment and Production

in and of narratives of the particular (Consumer), the aggregate (The Invested) and the Large/Complex.(The Powerful)

praxis and pedagodgy.

Epigraph
This book is intended for normal, mainstream, secular, modern, disaffected and alienated intellectuals; those who are complicit in political correctness (as are all intellectuals) but who are (when not distracted, drugged or dreaming) in a state of despair.
This book will, I hope, help such people to understand their condition, and present the likely choices. It will not help them to save their world (too late for that) but it may help them to save their souls.
*
*

Note: Why I use the term Political Correctness, instead of Liberalism or Socialism?
The reasons include:
1. The confusion over what ‘liberalism’ means – to some a free marketeer, to others a socialist. My definition of political correctness is broad and includes most mainstream conservatives, libertarians and anarchists; who are nowadays all significantly PC.

http://thoughtprison-pc.blogspot.se/

http://addictedtodistraction.blogspot.se/

Thus, the major output of the modern international Mass Media consists of only four categories:
1. Good presented as bad
2. Bad presented as Good
(That is to say simple inversion)
3. Good presented as Good for a bad reason
4. Bad presented as bad for a bad reason
(That is to say explanatory inversion)
These four categories, which can be summarized as either simple or explanatory inversion, account for all sustained and high impact modern major Mass Media stories without any exceptions.

Creorder out of Covidstroika Chaos.

”The monetary and financial system of an economy are part of the socio-politico-economic control mechanism used by every state to connect the economy with the polity and society. This neural network provides the administrative means to collect taxes, direct investment, provide public goods, trade. The money measures provide a crude but serviceable basis for the accounting system which in turn, along with the codification of commercial law and financial regulation are the basis for economic evaluation and the measurement of trust and fiduciary responsibility among the economic agents. A central feature of a control mechanism is that it is designed to influence process. Dynamics is its natural domain. Equilibrium is not the prime concern, the ability to control the direction of motion is what counts.

Money and financial institutions provide the command and control system of a modern society. The study of the mechanism, how they are formed, how they are controlled and manipulated and how their influence is measured in terms of social, political, and economic purpose pose questions, not in pure economics, not even in a narrow political economy, but in the broad compass of a political economy set in the context of society. ”
Martin Shubik

Then the Question, If we assume that the Public Good is the Purpose of Public Policy?
Dr Adrian Wriggley.
it is assumed The Committee is seeking to further the public interest, even where this may conflict with the private interests which usually dominate the analysis and debate. This will pose a major challenge to those who have learned their analysis exclusively through channels devoted to promoting private interests, and must “unlearn” erroneous but pervasive assumptions and principles.
https://publications.parliament.uk/pa/cm201011/cmselect/cmtreasy/memo/taxpolicy/m32.htm
Naming Names #THEY

They? #Metternich and #DeMaistre v #ThomasJefferson and #JohnStuartMill

Jordan Peterson. from Cool it to the Heuristics of reality.

The oligarchs are creating a “a scientific caste system,” not dissimilar to that outlined in Aldous Huxley’s dystopian 1932 novel, Brave New World. Unlike the former masters of the industrial age, they have little use for the labor of middle- and working-class people—they need only their data. Virtually all their human resource emphasis relies on cultivating and retaining a relative handful of tech-savvy operators. “Software,” Bill Gates told Forbes in 2005, “is an IQ business. Microsoft must win the IQ war, or we won’t have a future.”

Perhaps the best insight into the mentality of the tech oligarchy comes from an admirer, researcher Greg Ferenstein, who interviewed 147 digital company founders. The emerging tech world has little place for upward mobility, he found, except for those in the charmed circle at the top of the tech infrastructure; the middle and working classes become, as in feudal times, increasingly marginal.

The Causes of Slavery or Serfdom: A Hypothesis
Paul Krugman’s post, Serfs Up!, reminds me of one of my major sins this spring (for which I must atone): my cutting Evsey Domar (1970), “The Causes of Slavery or Serfdom: A Hypothesis,” Economic History Review 30:1 (March), pp. 18-32, from my spring 2003 Economics 210a reading list.

“there’s no point in enslaving or enserfing a man unless the wage you would have to pay him if he was free is substantially above the cost of feeding, housing, and clothing him.”

It’s about Political Economy not public health we all know that.

Vickers was well known to historians throughout the States. His award-winning 1994 book Farmers and Fishermen: Two Centuries of Work in Essex Country, Massachusetts, 1630-1830, had delineated through painstaking analysis of archival records of entire communities the extent to which the development of New England had depended on labor that was largely unfree—with workers held in check not by slavery but by onerous burdens of debt.

Journal of Integral Theory and Practice. Notes for Contextual Search engine offering Integral Framework perspectives. Grub Street Journal Note 1. #ObjectiveKhunts

Ying and Yang and the Climate Church Strawman. #GrubStreetJournal @wiki_ballot

´We Pragmatists ´

CHARLES SANDERS PEIRCE: ´´In order to reason well …. it is absolutely necessary to possess … such virtues as intellectual honesty and sincerity and a real love of truth (2.82). The cause [of the success of scientificinquirers] has been that the motive which has carried them to the laboratory and the field has been a craving to know how things really were … (1-34).[Genuine inquiry consists I in diligent inquiry into truth for truth’s sake(1.44), … in actually drawing the bow upon truth with intentness in the eye, with energy in the arm (1.235). [When] it is no longer the reasoning which determines what the conclusion shall be, but … the conclusion which determines what the reasoning shall be … this is sham reasoning…. The effect of this shamming is that men come to look upon reasoning as mainly decorative…´´. http://web.ncf.ca/ag659/308/Peirce-Rorty-Haack.pdfPierces seminal essay How to make our ideas clear is also a great starting off point for embracing such truth as we might be fortunate enough to encounter in our allotted time on this blue marble suspended in eternity.http://www.peirce.org/writings/p119.html