Non-ergodic economics, expected utility and the Kelly criterion (wonkish) — LARS P. SYLL

Suppose I want to play a game. Let’s say we are tossing a coin. If heads comes up, I win a dollar, and if tails comes up, I lose a dollar. Suppose further that I believe I know that the coin is asymmetrical and that the probability of getting heads (p) is greater than 50% […]

via Non-ergodic economics, expected utility and the Kelly criterion (wonkish) — LARS P. SYLL

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Down with the Working Classes!

Mirroring many of my feelings lately.

Consent Factory, Inc.

If the Left is ever going to come together to save the world from Donald Trump and his legions of fascistic Putin-Nazis, we’re going to need to confront our primary enemy … the international working classes. Yes, my comrades, I’m afraid it’s time to face the facts, depressing as they are. The working classes are not our friends. Just look at how they’ve been betraying us … and after all we’ve done for them all these years! This cannot be allowed to continue, not if we are going to rescue democracy from Trump, Putin, Assad, the Iranians, and Palestinian kids with terrorist kites, and eventually stem the blood-dimmed tide of neo-fascist anti-Globalism!

Now, OK, I know you’re probably asking, “how can the international working classes possibly be the enemy of the Left?” and “wouldn’t that render the whole concept of the Left completely absurd and essentially meaningless?” and other pertinent…

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Gregory Desilet Answers Jordan Peterson on Derrida; + Prisoner of Infinity Primer video

via Gregory Desilet Answers Jordan Peterson on Derrida; + Prisoner of Infinity Primer video

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Guilds Lake, 1905 — Vintage Portland

Guilds Lake and pavilions during Lewis and Clark Centennial Exposition, 1905. View this image in Efiles by clicking here.

via Guilds Lake, 1905 — Vintage Portland

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The War on Dissent

Consent Factory, Inc.

Just when you thought the corporatocracy couldn’t possibly get more creepily Orwellian, the Twitter Corporation starts sending out emails advising that they “have reason to believe” we have “followed, retweeted,” or “liked the content of” an account “connected to a propaganda effort by a Russia government-linked organization known as the Internet Research Agency.” While it’s not as dramatic as the Thought Police watching you on your telescreen, or posters reminding you “Big Brother Is Watching,” the effect is more or less the same.

And if that’s not creepily Orwellian enough for you, Facebook has launched a Ministry of Counterspeech, manned by “a dedicated counterterrorism team” of “former intelligence and law-enforcement officials,” to “disrupt ideologies underlying extremism” (see Chris Hedges’ recent essay for details). The Google Corporation is systematically disappearing, deranking, and maliciously misrepresenting non-corporate news and opinion sources, and the “thought criminals” who contribute to…

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How employed are we?

Source: How employed are we?

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Austerity never ends: Economists say wages are too high

Source: Austerity never ends: Economists say wages are too high

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Portland Olde School

SW Alder Street between SW Broadway and SW 6th Avenue looking southeast, 1923. View this image in Efiles by clicking here.

via SW Alder Street, 1923 — Vintage Portland

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An anthropologist announces the death of liberalism

Fabius Maximus website

Summary: Here anthropologist Maximilian Forte announces the death of liberalism. Hillary’s defeat, despite its massive financing and support by America’s major institutions, was a sign. The ineffective street festivals of Occupy Wall Street and the Women’s March are signs. The lack of meaningful response to the revelations about NSA surveillance is a sign, as was the ineffective widespread perjuries and murders by police. It has died of exhaustion, ground down by the implacable opposition and fantastic resources of the 1% — and our indifference. But every political philosophy is a phoenix. It will rise again, eventually.

R.I.P. liberalism By Tutu at The Day.

The Dying Days of Liberalism” — Part one of three.

By Maximilian C. Forte from Zero Anthropology, 18 January 2017.
Reposted with his generous permission.

How Orthodoxy, Professionalism, and Unresponsive Politics
Finally Doomed a 19th-century Project.

What a sight to behold. These are the dying days, counting…

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To Hell with Neoliberal Environmentalism

Permanent Settlement

Length Estimate: Long (words > 1000)

I was poised to write a piece on the linkage between present-day veneration of duplicitous political elites and the crisis of national identity when I found the following op-ed in the Guardian:

How to make a profit from defeating climate change

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