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Posts Tagged ‘Baloney detection kit’

Please run this blog through the Baloney Detection Kit that was published here in the last 90 days. I recommend you do it for every media byte but, a guy off the streets writing about our global financial crisis may need it more than others for obvious reasons.

There is a postulate that states, “People will fight harder to keep just what they have than they will to double it.”

The financial crisis we are now experiencing – much like the one in the 1930s – is the collection of consequences for not attending to or understanding the dynamic relationships between 50 or so markers with thousands of events, also dynamic, that occur in the marketplace.

At the same time, those with access and responsibility for our economic homeostasis were postulating and positioning the use of recycled and flawed approaches as having ‘mitigating’ circumstances surrounding their failures, again and again and…… again.Each time our institutions fell further behind at tortuous attempts of adjusting the dials to prove or show these fanciful approaches were correct but not executed correctly. No one flinched.

Each time the fanciful approaches were linked to current fears – mostly social, that were then maintained lest a change in ‘the’ approach make things worse, as in the postulate above.

Fear and shallow rhetoric prevented our economic behavior from being empirically subjected to an experimental analysis of the behavior of markets. Now we have another chance. The consequences for greater pain are more probable than any temporary gains from standing pat or biding our time. Our trillions of lost dollars and savings and confidence has occasioned a search for another method, to find a different method, a variation, to bring confidence as well as some level of empiricism to financial institutions that only pretend to be empirical.

Our strengths as a country and culture are science. It is time to try what we know works to get us to the moon and extend the average life spans in less than one hundred years from 37 to 74 years. It is also fitting that an empirical variation will help us understand what Darwin saw (whose 200 birthday we celebrate this Thursday) as the dominate feature in all species over 150 years ago.

For nay-sayers and those that have a vested interest (no pun intended) in that status quo of this pig in a poke economic approach, one can only suggest that the time for something else is upon us. That ‘something’ isn’t witchcraft, tea leaves, prayer or a link to LinkedIn.com. It is science in excess. I hope that idea gets more traction faster than Darwin’s ideas have fared.

You better hope so too.

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They’re at it again. Yes they are… As part of the Rube Goldberg contingent from Mythinformation Central. From the people that brought you “you’re fat because of your friends” you are now presented with: “your genes influence who will become friends.”

They set up the straw man: that it is an error to suggest people are a function of a “simple model for the metabolic, neural and Internet networks, and the same model is applied to human beings — that all parts of the network are identical and interchangeable”.

They never knock it down but extrapolate beyond the data with innuendo of their own PR. One can only imagine that Christakis and cronies will be doing collaborative work with Steven Pinker soon on the topology of the mind, call it science and write another book on the mind’s influences in support of Pinker’s postulate that the reason the Chief justice misquoted the oath of President Obama was a “blowback from Chief Justice Roberts’s habit of grammatical niggling Or was it a Freudian slip? Hmmm… Science, huh... How very canny for the Language Don Dr. Pinker to point that out as he knows so much about both people’s histories, relevant factors and ‘mindful’ homunculi like those “inherent characteristics that govern where we [as individuals] gravitate to in the social network.”

“A second implication is that the [current] study suggests that if we really want to understand how things [?what ‘things’?] diffuse in social networks, we need to take into account people’s locations in the social networks, which are due in part to their genes,” Christakis pontificated while showing no data or peer reviewed research.

Please see the Baloney Detection Kit submitted for consideration for those reading content from any media channel, including Buzz Creation or Mythinformation efforts by mainstream print media to get more subscribers and kooks to buy their fading printed words.

I am looking forward to more “sharper predictions” from the Christakis Mythinformation crew.

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