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People Aren’t Dumb, the World Is Hard

freakonomics.com

101–110 of 453 posts

Re: People Aren’t Dumb, the World Is Hard

#101
post #56
post #43

Earlier quoted context omitted.

And many of our problems are collective action problems: where it makes sense for individuals to defect on their own, and they can only raise the standard for the group if they act together. At different scales this means unionization and professional organizations, government regulation, and international regulation, to prevent whole countries from defecting - this is in large part what the EU is about, and a signif…

As I see it, the corruption challenge of collective action is because it is so often not carefully, purposefully structured. Government is constructed with the express purpose of checking power. I read a bit I liked a while back about early feminism, in which members rejected wholesale the idea of power structures & authority, and established no authority. The author relates, however, that the power vacuum was natura…

This is why representative democracies and rule of law are so important.

It's important to make governments that are "about laws - not about men". Because if governments are built around single people, those people will concentrate power. When a system leads to the person in power hands off power to the next person, it's a way to distribute power.

The second principle that is a huge problem today is concentration of power into the hands of the wealthy. Thomas Piketty put his finger on the problem - in the 1970s, most obviously in the US, billionaires began to figure out how to use their wealth for persuasion. In that way they use their wealth to take more of the profits in the economy for themselves.

I think this is the problem of our time: How do we stop oligarchs and billionaires from funding a propaganda machine designed to break democracies so they can accumulate more wealth?

Re: People Aren’t Dumb, the World Is Hard

#102
post #43

Earlier quoted context omitted.

And many of our problems are collective action problems: where it makes sense for individuals to defect on their own, and they can only raise the standard for the group if they act together. At different scales this means unionization and professional organizations, government regulation, and international regulation, to prevent whole countries from defecting - this is in large part what the EU is about, and a signif…

"Collective action has its own problem: power structures encourage corruption and misuse of the pooled power." Exactly. I tend to be wary of concentrating power. The larger the group the more likely that there are conflicts of interest within the group. Perhaps more importantly, large groups just don't make sense in a lot of cases. If I make a union of milk drinkers, we can buy in huge bulk and get a discount. But th…

It simply means groups need to adapt to the realities on the ground. Your 1,000,000 milk drinkers may be better off measuring existing players vs buying milk collectively.

Dealing with information asymmetry not distribution can result in better outcomes without expending nearly as many resources.

PS: Consumer reports is a solid example. Collecting a lot of information on each toaster/fridge/bed is not practical for an individual, but split that among 1,000,000 people and each can save more money than the cost of a subscription.

Re: People Aren’t Dumb, the World Is Hard

#103
post #33
post #28

Earlier quoted context omitted.

There is something curious about posters on a techie site lauding the superiority of the hunter-gatherer life.

It may not be obvious from the context and the limited excerpt, but in the book Sapiens, the author is careful to make the point that this is not an invitation to revert to the hunter/gatherer lifestyle, in fact, we're past the point where that's a possibility. Rather we have to innovate our way out of the predicament we find ourselves in (the irony of fighting fire with fire is not lost on me). But in my mind, it ma…

Technology is often the solution to technology.

Re: People Aren’t Dumb, the World Is Hard

#105
post #69

Earlier quoted context omitted.

It also means laws/regulations to just plain ban harmful behaviors. Collectivization to alter market forces cannot fix everything. Some things need to just stop. Selling CFCs needs to stop. That won't happen by naming and shaming involved companies. It won't happen by people gathering on facebook to organize a boycott. It happens by people in uniforms enforcing the law, with violence when necessary. Sometimes that is…

"...Sometimes that is the only way to stop individuals bent on illegally benefiting themselves at the expense of others...." Not just "sometimes", it takes the threat of violent people in uniforms ALL of the time when dealing with people bent on illegally benefiting themselves at the expense of others. The issue is that the violent people in uniforms, (and even the people controlling them for that matter), can ALSO b…

Cory Doctorow has recently written an interesting piece on corruption: https://boingboing.net/2018/07/02/low-yield-crude.html

It talks about how socializing risk and privatizing profits is actually the definition of corruption.

Re: People Aren’t Dumb, the World Is Hard

#106

This is probably the greatest argument for big government. If we were to eliminate the supervision of the establishment over the safety and security of everyday life, it would be very time consuming to handle every single aspect of it. There is always the issue of an overreaching government, and that's where the left/right party split comes in. Each party either creates more regulation and protection or take some awa…

What makes you think government is immune to these concerns? If anything, they can be more susceptible to certain kinds of adverse effects.

Re: People Aren’t Dumb, the World Is Hard

#107

We’re dumb in comparison to the systems we’ve created. Increasingly, the disparity between what our technology is capable of and our own limitations as animals will become a pressing issue. One thing that always bothers me is how we have this myth of personal responsibility that supposes an individual is equipped to defend their own interests against a multinational corporation on their own. “Well I just don’t get wh…

Its worse. The baby doesn't even know that its supposed to be afraid of the bear.

[deleted]

Re: People Aren’t Dumb, the World Is Hard

#109
post #95

Reminded of this timeless Carl Sagan quote: "We live in a society exquisitely dependent on science and technology, in which hardly anyone knows anything about science and technology."

Asimov’s Foundation series is an excellent commentary on this very phenomenon. One of the antagonists is a galactic empire that is technologically advanced, but has been stagnating and decaying slowly as those in power start viewing scientists with disdain and distrust. Over time the empire loses the ability to develop new technology, and ends up with those who can only maintain/repair existing technology (which eventually becomes so old that it is scrapped).

Re: People Aren’t Dumb, the World Is Hard

#110

The word being hard does not justify the success of reality tv, tabloids, lotery, music that is forgotten the next year or smoking. Who do you think has the most chance to buy a lotery ticket. Somebody with 130 or 90 IQ ?

It's arguably pretty poor design if the world is only livable for people in the top 2.5% of intelligence (>130 IQ)

High intelligence is nowhere closed to be the most important factor to be successful in our society, gene propagation wise. Or being happy. It's merely a tool.
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