But, in actuality, if you look at the world (today or anytime), there are many more “unknown unknowns” (recent look via 7óops7) than our old friend Rumsfeld would admit to. Of course, the craziness that occurred late in the year of 2001 had a real and visceral effect; it was too easy prior to that for some to have an unreasonable comfort about our being untouchable in the area bounded by the two large bodies of water. We are still trying to unwind out of effects from those, and later, events.
At the same time, though, some of those who could [have] exploited the observed success of certain methods by growing the ‘chimera’ way beyond its rational basis. That is, the methodical approaches from physics (at many levels) were brought out to build the apparati that run the markets. If you must, sleight-of-hand keeps the take of some as a perpetual sequence (right there is part reason for the bad smells) while obfuscating the reality by trickery and faulty mathematical arguments.
From the first post, the blogger has been suggesting that various mis-applications are the norm and that these are enabled by the growing computational frameworks. You see, the basis is essentially undecidable (which we’ll show); our progress has largely been predicated upon the luck of smart people (we’re in deep dodo, people); yet, we have the charlatans arguing that things are (would be) great if we continue to follow them on the path to perdition.
If we can identify the alleged misdeeds, ought there ensue an orderly discussion about what to do? If only. As it then becomes a conflict between truth and power (and we know, just look at the current election, power has its basis in money – truth, on the other hand, is not of money – this, too, we’ll show).
Not that we expect a fairy-tale ending, but one can still think (and cannot be faulted for thinking) that realizations would be required in order to bring some clarity into situations. But, with Corporations seen as people (in what reality is such a thing conceivable?) the whole environment has changed. The blogger will not be the cynic who thinks that resolution is not possible, but we have our work cut out for us.
The initial focus on how abstraction's appeal has led us astray was correct and will continue. The topic needs to be further clarified.
Now, in regard to the economic mess, before the time of the start of the blog, some of the rumblings of structures quaking were already heard by some. Many were awakening to the fact that we were going to experience some type of downturn. What was unexpected was the non-stop exposure of stupidity (idiotic notions being widely disseminated by brilliant minds) almost on a daily basis, the deep depth of the crap that was put there by our leaders, and the length of time in which there has been no resolution of the underlying issues (perps still walk).
WTF! Again, WTF!
All sorts of descriptions are possible, such as the old Rip one waking up to this fact, after a couple of decades or so: the best and brightest were given that label precisely for the fact that they could fill the pockets of the fat cats -- to be defined, again – and themselves (ah, FB is more than a metaphor; it’s a poster boy, to boot).
08/08/2012 -- We need the effectiveness (unreasonable or not) to be cast in a new light. Curiosity Rover, et al, is an example of how things can go.
08/05/2012 -- Added pointer to updated look at unknowns via 7'oops7. Some editing (periodicals have teams plus an iterative process, yet you'll see typos now and then (more frequently nowadays with computer assist being the vogue) -- several lessons in that, perhaps).
Note: See comment on using another approach, below. Need to tweak it. All the style information that was carried over is troublesome. Oh well. Of course, I know how to filter out and get minimal HTML, but why is it seen as smart (or progressive) to bring in this type of crappy assistance (not any better than it was a few years ago)?
08/04/2012 -- Weakness? Yes, indeed.
08/04/2012 -- This was the first post that was developed in a modern editor and then copied to the blog editor. We'll try that for awhile. Having the more intuitive interface ought to help expositions formulate.