Paul Kedrosky's Infectious Greed

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Unearthing America's Past

Interesting looking new book ("Before the Revolution: America's Ancient Past") on unearthing America's past in its layered historical strata:

[A half-millenium before Columbus's arrival history] was already happening in North America, where Ancient Native civilizations (like the one built by the Anasazi) were rising and falling; amidst a changing climate, new ways of life, powered by a revolution in agriculture, were being established in new parts of the continent. In Europe, meanwhile, during what we often call the Middle Ages, things were changing, too. Agriculture allowed for the accumulation of wealth, and European land started being divided up into parcels, ruled by armed lords, in the system we now call feudalism. Richter begins by exploring the roots of these two different ways of life -- one driven by an idea of property, the other more decentralized -- which were, unbeknownst to either side, on a crash-course.

Conventional wisdom has it that invading Europeans simply wiped out the Native way of life. In fact, Richter argues, it's better to think of what happened in terms of historical layers, each new layer inheriting the shape of the previous one. In the fifteenth century, conquistadores brought the European Middle Ages to America, fueled by religious zeal; but, almost at the same time, European traders built a different kind of life, learning to coexist with Native civilization and importing a sensibility we might recognize as modern and capitalistic.

More here.

 

 

Field Notes: Inflation, Trade, DEC, etc.

 

Take Part in Prediction Tournament

Want to take part in a prediction/forecasting tournament and aid research? Here's your chance to take part by being a member of a team doing so in national security, global affairs and economics:

Prediction markets can harness the "wisdom of crowds" to solve problems, develop products, and make forecasts. These systems typically treat collective intelligence as a commodity to be mined, not a resource that can be grown and improved. That’s about to change.

Starting in mid-2011, five teams will compete in a U.S.-government-sponsored forecasting tournament. Each team will develop its own tools for harnessing and improving collective intelligence and will be judged on how well its forecasters predict major trends and events around the world over the next four years.

The Good Judgment Team, based in the University of Pennsylvania and the University of California Berkeley, will be one of the five teams competing – and we’d like you to consider joining our team as a forecaster. If you're willing to experiment with ways to improve your forecasting ability and if being part of cutting-edge scientific research appeals to you, then we want your help.

We can promise you the chance to: (1) learn about yourself (your skill in predicting – and your skill in becoming more accurate over time as you learn from feedback and/or special training exercises); (2) contribute to cutting-edge scientific work on both individual-level factors that promote or inhibit accuracy and group- or team-level factors that contribute to accuracy; and (3) help us distinguish better from worse approaches to generating forecasts of importance to national security, global affairs, and economics.

Apply here.

 

Field Notes: Fonts, Tesla vs BBC, Debt, Correlations, etc.

 

Patent Reform Readings

For something else I've been working on, some readings on first-to-file versus first-to-invent and patent reform.

 

Global Land Use Change from 8000 BP to -50 BP

Nifty animation of changes in global land use from 8000 BP to -50 BP. I wish it was a little faster and I had to turn off the sound, but still interesting:

More here.

 

Field Notes: Citations, Coal, Cookstoves, Radiation, Cities, etc.

 

Reactor Antipodes: Uruguay

From an editor at the New Scientist, where the Fukushima reactor would come out if it went straight thru center of earth and poped out other side. Good to know.

Antipodes

[via Die Welt]

 

Quadrocopter Ball Jugglers

Astonishing stuff from ETH in Zurich:

 

New Early-Stage Funding Nomenclature: The Color

I propose a new early-stage funding nomenclature. Talking in terms of millions of dollars is both too specific and too fuzzy to be useful. Even when you know the amount, it's hard to put it in context without knowing everything else being funded right now. We need a new system normalized to the current world of seed and Series A venture financing.

Enter the "color". Based on the recent $41m financing of Color.com by Sequoia and Bain, I propose a system whereby "color" would be the base unit. We would then use metric prefixes to describe financings larger, smaller, etc than that amount.

For those of you unfamiliar with metric (read: Americans), it would work like this:

1000 microcolors = 1 millicolor ($41,000)
10 millicolors = 1 centicolor ($410k)
10 centicolors = 1 decicolor ($4.1m)
10 decicolors = 1 color ($41m)
10 colors = 1 dekacolor ($410m)
10 dekacolors = 1 hectocolor ($4.1b)
10 hectocolors = 1 kilocolor ($41b)

So, rather than saying company XYZ raised $20m, we would henceforth say it raised about 50 centicolors, or 0.5 colors, whatever you're comfortable with. I think it's easier to say 50 centicolors in cases like that, but the the Financing System Internationale (FSI) would provide that flexibility. Similarly a small seed financing of $50k would be 1.1 millicolors. You see? Much better. [-]

[Kudos to Eric Norlin who did some of the foundational research underlying this new system.]

 

Skier with Helmet Cam Films Avalanche From Inside

This is a little like tossing a camera into a washing machine during spin cycle, but a skier in British Columbia with a helmet cam got caught in an avalanche and accidentally filmed the whole thing. [-]

 

The Beer->Food->Civilization Connection

Revelatory stuff in a new SciAm piece about the historical origins of beer:

She cited colleagues who have advanced theories that humans first domesticated cereal crops to make beer, not just bread, and that humans evolved to associate ethanol, which is present in ripe fruit, with satiety. The various lines of evidence indicate that beer may well be as old as cooking itself, which began at least 250,000 years ago. "When people started harnessing fire and cooking, they probably started making beer"

More beer, I mean here.

 

Skiing Cunningham Couloir (Aiguille Du Midi)

Fantastic stuff:

Cunningham Couloir from kris thomas on Vimeo.

 

 

Viruses: Up and to the Right

From the current issue of Science, the remarkable growth in known viruses in recent years -- almost 8x since 2000. To be clear, the piece isn't implying the actually number of viruses is growing, more that our knowledge of existing viruses is exploding.

F1 medium

 

Field Notes: Science, Libya, SEO, China, Electronics, etc.

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