The section here on the election of Rutherford B. Hayes as president with significant help by the communication incumbent (Western Union) of the time sounds eerily like the influence which Facebook likely had on the election of Donald J. Trump. The more I read this the more I’m scared and can’t wait for yet another disruption of communication technology.
Statuses
📖 Read pages 43-51 of Complexity and the Economy by W. Brian Arthur
page 45
literally, as in Keynes’ (1936) phrase, taking into account “what average opinion expects the average opinion to be.”
page 46
…perfect rationality in the market cannot be well defined. Infinitely intelligent agents cannot form expectations in a determinate way.
This type of behavior–coming up with appropriate hypothetical models to act upon, strengthening confidence in those that are validated, and discarding those that are not–is called inductive reasoning.
page 47
We see immediately that the market possesses a psychology. We define this as the collection of market hypotheses, or expectational models or mental beliefs, that are being acted upon at a given time.
page 48
the first(?) mention of a genetic model in the book
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The best part of the $22M renovation: The Open Bar right in the heart of the Glendale Central Library
–Chris Aldrich, library patron
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First post to micro.blog
👓 “Radioactive Boy Scout” regularly visited by FBI for a decade, father says | Ars Technica
New documents show David Charles Hahn was reported to authorities in 2007, 2010.
Independent Publisher 2 Is Here | WordPress Blog
A beloved WordPress.com theme, improved for simplicity and speed.
👓 Jonathan Demme, ‘Silence of the Lambs’ and ‘Philadelphia’ Director, Dead at 73 | Rolling Stone
'Stop Making Sense' filmmaker succumbs to esophageal cancer
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🔖 Increasing homogeneity in global food supplies and the implications for food security
The narrowing of diversity in crop species contributing to the world’s food supplies has been considered a potential threat to food security. However, changes in this diversity have not been quantified globally. We assess trends over the past 50 y in the richness, abundance, and composition of crop species in national food supplies worldwide. Over this period, national per capita food supplies expanded in total quantities of food calories, protein, fat, and weight, with increased proportions of those quantities sourcing from energy-dense foods. At the same time the number of measured crop commodities contributing to national food supplies increased, the relative contribution of these commodities within these supplies became more even, and the dominance of the most significant commodities decreased. As a consequence, national food supplies worldwide became more similar in composition, correlated particularly with an increased supply of a number of globally important cereal and oil crops, and a decline of other cereal, oil, and starchy root species. The increase in homogeneity worldwide portends the establishment of a global standard food supply, which is relatively species-rich in regard to measured crops at the national level, but species-poor globally. These changes in food supplies heighten interdependence among countries in regard to availability and access to these food sources and the genetic resources supporting their production, and give further urgency to nutrition development priorities aimed at bolstering food security.

