"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Sunday, March 8, 2009

Two Interesting Quotes

Too many interesting quotes today.

Competing for the banner with Bora's comment,

"...the publication of research papers is the true test of a modern scientist." No, no, no!!!!! This is wrong in so many ways! So Ivory Tower thinking that leads to all other science careers being dubbed "alternative careers" and looked down upon - a nasty, vile way of thinking.

- Bora Zivkovic (commenting at Chris & Sheril's)

which is very helpful to my "reinventing mt" theme, I have this.

Heard (on the world's best music radio station bar none, Austin's KUT, and now that you know you can stream it) from musician James McMurtry this morning, something like:
I don't believe in reporting anymore. All I can think about when I hear a reporter is "who bought this and who are they trying to sell it to?"
That quote is also relevant to "reinventing mt".

There's a way out, though. The cure is this:

Reporters must own their content.

OK, it's not the whole cure, but it's the crucial first step. Comic book artists figured this out years ago. Suddenly, the economics is comparable. And this time, guys, please remember where you read it first.

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