background preloader


Facebook Twitter

TECH TALK: Black Swan: Mediocristan and Extremistan. The ideas behind Mediocristan and Extremistan in Nassim Talebs The BlackSwan are worth exploring in more depth.

TECH TALK: Black Swan: Mediocristan and Extremistan

Chetan Parikh has reproduced a table from the book which explains the differences between Mediocristan and Extremistan. The Portfolio wrote: N.N.T., who lives in New York and has taught at the University of Massachusetts at Amherst, previously traded derivatives on Wall Street. The academics who drive him to tears are the ones who have explainedor misexplainedhis old profession. They think that markets are from Mediocristan when in fact they inhabit Extremistan.Say what?

The Financial Times added: Taleb claims that there are too many extreme events in securities markets for such markets to be located in Mediocristan. Arlene Goldbard went further: Tomorrow: More Reviews TECH TALK Black Swan+T. Businessinsider. Last week, we published a chart-essay that illustrates the extreme inequality that has developed in the US economy over the past 30 years.


The charts explain what the Wall Street protesters are angry about. They also explain why the protesters' message is resonating with the country at large. Here are the four key points: 1. Unemployment is at the highest level since the Great Depression (with the exception of a brief blip in the early 1980s). 2. 3. 4. Three charts illustrate this: The top earners are capturing a higher share of the national income than they have anytime since the 1920s: CEO pay and corporate profits have skyrocketed in the past 20 years, "production worker" pay has risen 4%. After adjusting for inflation, average earnings haven't increased in 50 years. It's worth noting that the US has been in a similar situation before: At the end of the "Roaring '20s," just before the start of the Great Depression.

SEE ALSO: CHARTS: Here's What The Protesters Are So Angry About... On Fearing the Self (and dealing with it) Balthazar's recent post on Divinatory Literacy has gotten my mind reeling for a number of reasons, not the least effect of which is pondering the enormously varied ways in which people purposefully delude themselves.

On Fearing the Self (and dealing with it)

Most Magicians make no secret of the fact that we are often our own worst enemy. This is true tenfold where self-exploration (even when not sought after) is concerned, because we have to bypass the human tendency to reinforce our own mental map of the universe and take a blind leap into the uncertain... which is understandably terrifying. Hell, for all we know, we'll come out the other end insane (or worse, ridiculed). What is weird to me is that people usually set out on a magical path for one or both of two reasons: power over their situation, and betterment of the self (discovering Truth, etc). Viennese Actionism. Viennese Actionism was a short and violent movement in 20th-century art.

Viennese Actionism

It can be regarded as part of the many independent efforts of the 1960s to develop "action art" (Fluxus, happening, performance art, body art, etc.). Its main participants were Günter Brus, Otto Mühl, Hermann Nitsch, and Rudolf Schwarzkogler. Library. OMNI Reboot - The Best Science Fiction Webzine Ever. MoodGYM Training Program. Hidden History. Ordo Templi Orientis History - Bill Heidrick. Ordo Templi Orientis was founded before 1902 e.v. by Karl Kellner and Theodore Reuss (also known as Merlin) in Germany, with a principal mailing address in Lugano, Switzerland by 1917 e.v.

Ordo Templi Orientis History - Bill Heidrick

The immediate precursor organization was the Hermetic Brotherhood of Light, a mystical society founded in the mid 19th century, with branches in Europe and North America. Prior to the Hermetic Brotherhood of Light, O.T.O. "traditional" history includes the Weishaupt Illuminati of the late 18th century and the Crusading Order of Knights Templar of the 11th century as precursors. It must be pointed out that many other organizations also claim derivation from the Illuminati and 11th century Templars, without actual evidence.

"Traditional" history is a euphemism for "mythology" in Masonic and mystical organizations; and, as such, "traditional" history expresses precursor relationships which are incapable of documentation and may be inaccurate. Set forth for Metzger by Germer under Mellinger's tutelage. Caravan To Midnight - Episode 234 Former Space Program Advisor & Shuttle Engineer John L. Casey.