Forget self driving cars – the first big thing will be self driving trucks

While there is lots of discussion about self driving cars, it’s much more likely that self driving trucks will become standard and accepted first. Here are two stories that support that. First this: How Canada’s oilsands are paving the way for driverless trucks — and the threat of big layoffs. Second, over at Vox, is:  This is the first licensed self-driving truck. There will be many more. Key quote from Vox:

Last night at the Hoover Dam, the Freightliner company unveiled its Inspiration Truck: the first semi-autonomous truck to get a license to operate on public roads.

The Inspiration is now licensed to drive autonomously on highways in Nevada. It works a bit like a plane’s autopilot system: a driver will get the rig on the highway, and can take control at any time once it’s there. But the truck will be able to drive itself at high speeds, using cameras to make sure it stays within its lane and doesn’t get too close to the vehicle in front of it.

Self driving trucks are already up and operational. Additionally, the business case and the hurdles to overcome with self driving trucks will be easier to achieve than that of self driving cars in urban areas. Sooner than you think, you will commonly see self driving trucks on highways, especially during the hours when most highways are 80-90% trucks.

Transportation is changing. Self driving trucks are going to be leading that change. Self driving cars will be a distant second.

 

ICYMI: What is code, by Paul Ford

Happy Monday! Are you affected by code at work? Of course you are! Do you code at work yourself? Very likely, even if it is to use formulae in a spreadsheet program like Excel (which, years ago, would have required been considered coding). However code affects you, I highly recommend you read this:
Code. It’s a very rich piece on code (i.e. software) and what it means to you (and everyone else).

Among other things, it is brilliantly designed. Lots of hard work went into this piece. If you can’t get started yet this week at work, read this as a research project.

Personal drones are getting smaller and cheaper. What that leads to.

As you can see, this new drone (Micro Drone 3.0: Flight in the Palm of Your Hand,  Indiegogo) is really small. Also relatively cheap. Like other IT, I expect personal drones will only get smaller and cheaper. The only limit will likely be how big they have to be in order not to get blown away.

I have heard people come up with innovative ways of using personal drones. For example, some home inspectors are using them to check out hard to reach parts of people’s house in order to see if they are in good shape or not. That’s great.

But there are going to be lots of other ways that people use them which may not be so desirable. The most obvious one is invading people’s privacy. It is one thing to inspect a house when no one is in it: it’s another to do so when someone lives there. Instead of prank phone calls, we’ll have prank drone visits.

How people protect their rights in such cases will be difficult. Drones will raise a number of legal questions. For example, what is your recourse if someone has a drone follow you around? Or if someone has a drone hovering in a public place outside your home? Can you fly a drone above an outdoor concert so you can record it? Can you attack drones that fly into your personal airspace? Will there be security drones that keep other drones off people’s property? If you post a video of a drone visit to a property on YouTube and someone uses that video to help them rob that property, are you an accomplice?

There has been some good work on drones being done by government agencies like Transport Canada, but I think the technology is going to challenge governments and courts to keep up. Expect to see more and more debate on drones in the coming months and years.

As far as this particular drone, Mashable has more on it here.

Veganish: for bacon loving vegan wannabes, a possible option

You may want to become a vegetarian or vegan but you may also be reluctant to give up eating things like bacon or fish. If you are experiencing this dilemma, then this question might appeal to you:

“The most effective question we can ask is not how can we increase the amount of vegetarians and vegans,” he says, “but rather, how can we reduce the amount of meat consumed?”

If this appeals to you, then I recommend this article: Love Bacon AND Animals? ‘Reducetarianism’ May Be For You. Still interested? Then I also recommend this book by Mark Bittman: VB6: Eat Vegan Before 6:00 to Lose Weight and Restore Your Health . . . for Good.

My list of 59 thoughts on privilege

I read alot about privilege. Reading about it, I end up considering the privileges I have that arise from being an educated, white, middle-class man in an affluent part of the world with a high standard of living. The flip side to that is that I also consider the priviliges I did not have when I grew up, as well as the privileges I had and no longer have.  I tried to use that to write up a specific view point on privileges, but ended up with this list of thoughts on the topic instead. I have not come to any specific conclusion on the topic. If anything, the list points to the conclusion that I need to think further on the subject. That said, I think sharing the list is worthwhile.

Some people are interesting in certain aspects of privilege: white privilege, or male privilege, or the privileges of the 1%. I am interested in privilege in general, how it comes about, what effects it has, when is it good, when is it bad, and how to manage it in a way that leads to positive social action. That interest lead to this list.

With that all said, rather than sit on it any further, here’s my  list:

1. Privilege assumes a number of things.
2. It assumes that there are at least two distinct groups: the haves and the have nots.
3. It assumes that there is a social good that one group has a surfeit in and one group has a deficit in.
4. It assumes that the social good is recognized as such by both groups.
5. Privilege is about access and the ability to acquire or maintain that social good.
6. There many small social privileges that aren’t noteworthy (e.g. the privilege of belonging to a certain club).
7. Likewise, not all privileges are universally or generally desirable.
8. Some privileges are held by a small number of haves. Other privileges are held by a large number of haves.
9. Some privilege we earn. Some we get randomly. And some we get from belonging to a certain group by default.
10. Rights differ from privileges, for in theory rights are not a social good that one group should have more than another. (In practice, this may be incorrect, but in theory it is)
11. Some privileges are fairer than others.
12. Fairer privileges usually involve things in abundance.
13. Fairer privileges are either random or universally acquirable for most in a society.
14. Unfair privileges are never random: there is a recognizable pattern whereby one group is perceived to have more access than the other.
15. Fair privileges are assumed to be accessible by method agreeable to most of society. For example, to go to university can be considered a privilege, but it can be earned in a way agreeable and accessible to most.
16. Privileges that are most unfair usually involve scarce social goods or rules that are slanted to favor a particular group.
17. Economic wealth is rare privilege. Having a home is a common privilege. Even common privileges are still privileges.
18. Higher education used to be a rare privilege. Now it is a much more common privilege.
19. The right to vote used to be a rare privilege. Now it is a right.
20. Health is not a privilege, until heath care is involved. Then it becomes partially a privilege.
21. Many would like to have the privilege of being wealthy.
22. Many would like the privilege of working for specific companies, belonging to certain occupations. being members of certain organizations.
23. Everyone has privileges.
24. It is worthwhile to consider your own privileges.
25. If you are reading this, you have quite a number of privileges, starting with the technology you are using to access this post.
26. Technology is a tool, and the ability to access tools is a social good.
27. Challenges occur when there are statistical variables associated with privileges. A white man may have a 10% chance of acquiring a particular social good, compared to a 1% chance for everyone who is neither white nor male. From the point of view of the white man, a 1 in 10 chance may not seem much of a privilege. For everyone else, his chance of acquiring the social good is ten times great than theirs and this increased likelihood is a significant privilege.
28. Being aware of your privileges can help you appreciate what you have.
29. Being aware of your privileges can help you understand the grievances of others
30. Thinking you do not have privileges means you have not thought about it enough.
31. Renouncing your privilege doesn’t necessarily result in greater fairness, especially when there are large number of people involved.
32. For some social goods, especially when there are large number of people involved, it is easier to redistribute privileges so as to be fairer.
33. For other social goods, especially when there is only a few people involved, it is less likely to redistribute privileges so as to be fairer.
34. Even social goods that seem meritocratic are to a degree unfair.
35. Social goods that are meritocratic trend towards being less unfair than others, but still have a degree of unfairness to them.
36. Not everyone can have access to every social good.
37. Meritocratic systems are based on rules, and those rules exclude people from certain social goods from the beginning.
38. Social structures reinforce privileges. Friendships and families can reduce the chances of some having access to social goods.
39. Geography reinforces privileges. Being born into neighborhoods and communities with poor or no facilities can reduce access to social goods.
40. Some privileges are more unfair than others. Privileges based on religion, gender, race, sexual orientation, age, body shape are just some of those.
41. Certain privileges we accept. Physical, emotional, and intellectual ability generally are accepted as fair, even though these are not common when the ability is very high or very low.
42. Certain privileges we used to accept we no longer do. It is less acceptable to build publicly accessible environments that cannot be accessed by people who need wheelchairs.
43. As peoples lower needs (as laid out by Maslow) are met, privileges arise in the higher needs.
44. Everyone has access to certain privileges and are barred from having other privileges.
45. Individuals and societies give some privileges higher values than others. This weighting of privileges shifts all the time.
46. Some privileges become undesirable over time. Other privileges become common. Having electric lighting was once a privilege. Now it is so common as to be no longer seen that way.
47. Some technologists believe it is possible to make all social goods abundant so as reduce priviliege.
48. Some privileges may remain privileges because the social benefits outweighs the social cost.
49. Other privileges need to be tackled and dismantled if a society is to consider itself fair and just.
50. One way to dismantle a privilege is to make access more common.
51. Making it more common is possible if a social good is not scarce.
52. If a social good is scarce, then one way to tackle the privilege is to make access to it random.
53. Another way to deal with a scarce social good is to make the criteria for accessing it fairer.
54. The challenge of fairness is judgment.
55. The other challenge of dismantling privilege is the desire of privileged groups to maintain their privilege.
56. The challenge of dealing with privilege is agreeing if fairness consists of access to opportunity or access to outcomes.
57. In achieving certain privileges, I may trade off other privileges.
58. When individuals within a group are encouraged or forced to trade off certain privileges, they may not be able to reacquire them, as others may not want to release their access.
59. Ideally a society can produce such a wealth of social goods that any tradeoffs individuals or groups make, they still feel overall good with their choices and that the society they live in is a good one.

Periscope, Meerkat, and the future of virtual tourism

If you haven’t heard, Meerkat and Periscope are two apps that allow one person to stream an event and have others watch it. For example, here is an artist streaming her work on a painting while others watch and  interact: Wendy MacNaughton paints live on Periscope My… – Austin Kleon.

It’s an interesting idea. Once people get creative, there will be all types of events that people stream, from the obvious (porn, music concerts) to things no one thought of before.

I think one of these not so obvious ones will be virtual tourism. Essentially someone will visit a place like Japan and stream the cherry blossom festival or go to Pamplona for the running of the bulls and others will watch in real time. Maybe people will sponsor the person ahead of time, or the person will wear a shirt with ads on it, or find some way to make revenue. In return, lots of people can see something they might not be able to see otherwise.

People will use Periscope and Meerkat in all kinds of ways. Expect this to be one of them.

(Image via techcrunch)

Bill Gates on inequality and Piketty’s Capital

Bill Gates has a strong post on Piketty and inequality and I think it is one of the better ones I’ve seen. That doesn’t mean I agree with everything Gates argues for. For example, to counter Piketty at one point in the piece, he refers to data from the Fortune 400 records. I think the data that Piketty has gathered is much more significant than that and it is not something Gates accounts for.  Still, it’s clear that Gates has thought hard about the book and his comments seem to reflect that.

Gates is on stronger ground when he points out areas concerning inequality that Piketty has left out or not touched upon. His assumption there, though, is that Piketty’s book is the end of the discussion on capitalism in the 21st century, when the better assumption is that the book is the start of a new and better discussion. I expect Piketty or followers and supporters of Piketty will be expanding into those areas based on the material in this book.

I am not surprised that Gates has wrote about this – Piketty uses him as an example at one point! Plus Gates is no stranger to wealth and capital and what to do with them. He’s a natural to write about inequality and the French economist.

All in all, a good read.

 

How to relax using white noise, winter edition (the joy of simulated warmth and coziness)

In the winter, I think one of the nicest forms of white noise is a fire. It’s not the same as having an actual fire, but if you have a computer or big screen you can Chromecast this to, I recommend this video:

I’ve watched quite a number of these videos, and this one is my favorite so far: really good sound, and it looks realistic. (Oddly, this matters to me, even though I know it merely a video).

If you want the feeling of being warm and cozy inside while it storms outside, I recommend this video for white noise:

On adults around you doing science experiments on large populations of children

Right now there are many adults around you doing science experiments on large populations of children. Here are three examples.

#1) The city of Calgary is currently doing a science experiment by removing fluoride from Calgary’s water supply (Dental decay rampant in Calgary children, pediatric dentist says | CBCNews.ca Mobile). The results from that experiment:

Dentists and dental hygienists are seeing an increase in child tooth decay and Dr. Sarah Hulland says the decision to remove fluoride from Calgary’s water supply three years ago is playing a big role.

“I’m seeing a lot more children having a lot more cavities,” she said. “I’m seeing a lot of decay on 19- to 20-month babies, and this is even before they’ve got all the teeth in.”

#2) We have a rise in measles and other infected diseases because of parents decided to experiment and not vaccinate their children. That experiment is not going well either. According to the CDC, measles cases in the United States reach 20-year high:

Two hundred and eighty-eight cases of measles were reported to the Centers for Disease Control and Prevention (CDC) in the United States between Jan. 1 and May 23, 2014. This is the largest number of measles cases in the United States reported in the first five months of a year since 1994. Nearly all of the measles cases this year have been associated with international travel by unvaccinated people.

“The current increase in measles cases is being driven by unvaccinated people, primarily U.S. residents, who got measles in other countries, brought the virus back to the United States and spread to others in communities where many people are not vaccinated

#3) Climate change. This is potentially the biggest science experiment of all, affecting the largest population of children. See Climate Change: Vital Signs of the Planet: Evidence, if you haven’t seen enough evidence of this.

I think, and likely you agree, that performing these experiments is wrong and unnecessary. Somehow too many people do not.  Too many think there is a need to disagree with the science behind fluoride in water, vaccines, and climate change.  It is true that science is not dogma, and it needs to be challenged.  But the way to do that is scientifically and in a way that minimizes or eliminates harm to the subject of the experiment. I would think that would be especially true when it comes to children.

I understand people having concerns and worries about technology. The way to deal with those thoughts about technology is to become better educated and to developer numeracy so that you can have a better understanding of the science involved. If you can’t do that, at least develop better sources of information, so that if you have to depend on authorities, make them the best ones you can find. I would think that is especially the case when it comes to science that has to do with children.

On the Jonathan Chait p.c. discussion

I joked that when this article by Jonathan Chait came out, I would wait three days, and then comment. My joke being that in three days the whole story would have blown over and there would be nothing left to comment on.

I was clearly wrong here, and instead it has gone on for some time. If you click on this: chait political correct – Google Search, you’ll see what I mean. Given this, I feel I should say something. 🙂

I don’t have much to add to the content of the argument going back and forth, and there are much smarter people than I who have commented on the topic: if you go through some of the results of the search, you can find them.

However reading the various pieces, instead of the content, I had some thought on the format and structure of the pieces. Specifically, I had four impressions:

  1. The first impression was that many writers do not like Jonathan Chait. Even a number of writers defending what he had to say would start off by saying disparaging things about him. I found it odd they had to say that, as if supporting the argument wasn’t enough. They needed to show somehow they were on the side solely of the argument and not of Chait.
  2. The second impression is how much of the evidence one way or another was anecdotal and not data or statistical driven. I don’t doubt the anecdotes and examples given: I just didn’t seen any hard data in the pieces that I read. Maybe it is some and I just missed it. Examples are relevant, but data is better to me.
  3. The third impression I had was how in arguments the people arguing often did not agree on the terms of argument. I realize the writers are not philosophers, but I felt sometimes that the definitions used were twisted to suit the argument of the writer.
  4. The fourth impression I had was how much invective was pulled into the pieces for or against Chait. It wasn’t enough that the authors had to disagree with Chait: they had to disparage him.

It’s important to stress these are impressions. I read roughly 6-10 pieces, including the original one by Chait. I’d be happy to be corrected on these.

The things about the impressions is that while I didn’t find the argument that Chait made had merit, but it wasn’t because of the pieces critical of him. If anything, it was just the opposite. Maybe I should dislike him, but even if I did, if he had a good argument I should listen to it, and if he doesn’t have a good argument, then it should be enough to dismantle it to discredit him or his supporters. This may be naive, but it is what I look for when someone is making an argument for or against something. If anything,  name calling and invective towards someone tends to persuade me to go in support of that person. In this case, perhaps I am not the audience, and the writers do not care if I am persuaded or not.

This had me thinking about a bigger thing that I have been thinking about for some time. And that is the topics of influence and attention. I think influence and attention are the key attributes writers want to have associated with their work on the Internet.

This idea of the importance of influence and attention  requires more thought though. For now, I wanted to jot this down, to get it off my mind, if anything.

Thanks for your attention. I hope this influenced you in a positive way.

Forget Google Glass: here is where wearable technology is going

As digital technology gets more and more compact, expect to start seeing it combined with new and unexpected things. Wearables will not just be watches and sports-bands, but clothing and jewellery. For example: Meet Ear-o-Smart The World’s First Smart Earring.

Anything you wear, anything you touch, anything you own: all of it will soon have sensors and digital technology in it to talk to your computer and your phone. This is just starting.

Reasons to be optimistic in 26 charts

The folks at Vox have put together this: 26 charts and maps that show the world is getting much, much better.

One of my favourite statistics/charts is this one:

Even hardcore pessimists have a difficult time with that one. 🙂

The other 25 charts are worth checking out. They highlight significant areas where life is getting better. If you need a reason to be optimistic or to be more optimistic (or to be less pessimistic), you owe it to yourself to see the Vox post and then think about it.

 

Piketty Explained (by someone other than me. Also more prodding from me to get you to read it

 

I wrote about Piketty’s Capital in the Twenty-First Century here and here. As I said, I strongly encourage you to read it and take notes.

If you want a great summary of the book, I highly recommend this post: Piketty Explained: Summary of Capital in the Twenty-First Century by Thomas Piketty.

It’s superb. Peter Shirley, the author, has written  a 30 second summary and a 15 minute summary, and when you finish both, you will have a very fast but very thorough introduction to the book.  I am going to come back to this from time to time as a refresher to what I read in the book (as well as flip through the book again). Did you read Piketty but skip sections? Then review Peter’s post to see what you missed.

More good reasons to pick up Piketty before 2014 ends.

(The chart on world growth rates is from a link to Peter Shirley’s blog post.)

Why not a three day week? Something to consider on day two of your work week

This piece on the three day work week, Why Not a Three-Day Week? in The New Yorker explores the notion of working three and not five days a week and is well worth a read. But….

But….before you protest that you don’t work a five day week now, the better and more important question is: why do we have to work so much and so hard and why can we not have a lot more for a lot less? My own belief is that we are still shackled to a culture underlined by a Protestant work ethic and devoted to to a lower form of capitalism. We would lead better lives if our energies and our lives were devoted to more meaningful activities that addressed our higher needs, instead of tolling away to survive. The good/bad news is that even if we want to stay chained to this culture, we will not be able with the way mechanization and automation is proceeding. We need to start thinking about the way we work now, whether we want to or not.

My marginalia from my copy of Piketty’s capital

My previous post was a guide to reading Piketty’s Capital. As I was going through it, I also jotted down some rough notes on the book and things I thought as I was going along. My marginalia, so to speak. Here it is, for what it’s worth to you:

  • Piketty’s book irked people for a number of reasons, including me initially. One reason, I think has to do with the grandness of his book. First, there’s the title. It implies this is a follow on to the great text by Marx. Second he does things like state fundamental laws of capitalism, as if economics were physics and Piketty is the 21st century Einstein. While Piketty can seem grand at time, he’s also humble in other parts. Throughout the book he often confesses to the limits of his approach based on the data (or lack of data) he has. He still has a lot of data and he has done a lot of analysis, but he is aware of the limits of it. This humility helped me get over the parts that irked me.
  • For non-economists like me, I think the book is most enjoyable when Piketty relates economic theory with example in literature and history. His references to Austen and Balzac make his ideas less abstract and make them richer. Fortunately, he does this often.
  • Some American critics would have you believe that Piketty is anti-capitalist / pro-socialist. I didn’t see that. I’d say Piketty is for open markets, strong on education, and democratic.  From an American point of view, he may seem left wing, but to most of the developed world I would place him closer to the center, slightly left.
  • One thing Piketty’s analysis can’t or doesn’t take into account is the exponential change in everything starting at the end of the 19th century. He touches on it a bit (pop growth rates on page 80), but this is factor. I believe that there is a correlation between growth rates and birth rates, with growth rates lagging birth rates. But this is a belief I have: I don’t have the ability to show this.
  • I was surprised by how limited economic growth is. (Chart on page 94). As Piketty mentions, people think it should be in the 3-4% range, but is much more likely to hover around the 1% range. Yet even such growth rates have a huge impact over decades and centuries.
  • Indirectly, Piketty makes the case for Naomi Klein’s thesis on disaster capitalism.  The biggest opportunities for growth in the 20th century occur as a result of the World Wars. Take a look at the charts on page 97 to see what I mean. Wars are terrible for people and cities but good for economic growth.
  • As I was reading the book in the summer, there were a slew of critics writing Think Pieces (or tweets!) against him and his book. The most ridiculous arguments against Piketty are the shallow ones, of course: the ones based on the book title, or that he is French, or that the book is all about new taxes. These arguments, mainly from American writers, reflect a lack of thought and the biases of Americans more than anything else. Critics of Piketty who write small articles on his book, criticizing this point or that, are missing the much bigger picture. Piketty, in presenting all of this data and analysis, is providing a broad stage to discuss capitalism. I think anyone wanting to take him on really has to do the same level of work. That’s the thing. Cherry picking is useless. Yes, it would be good to have more data. But this is the data available. If you want to criticize Piketty, you need more data, or you need to critique his data. If you want to show how technology is making inequality less not more, bring that data. Saying “Piketty is a red” or “this is not 19th century range” and thinking you are done just makes you look foolish and your arguments weak. (Of course you can believe what you like, but belief is not argument.)
  • Another thing he doesn’t touch on is the destructive nature of IT on capital. Being an IT professional, I was wondering if he would examine capital in the 21st century from that perspective, since IT is having a greater and greater effect on our economies, and as more things become digital, the depreciation of capital related to those things accelerates. If you’d like to read more on that topic, you won’t find it here.
  • It is interesting to note the stability of capitalism in the 19th century, at least in Europe. It was a conservative time politically, with limited warfare. Currency and other things economic were also stable then. No point here, just something that struck me as interesting.
  • I believe that an accumulation of capital leads to anti-democratic measures by capitalists that result in revolutions or wars, which lead to the destruction of private capital. Piketty doesn’t go into this, but it would be interesting to read an analysis that shows a relationship between the accumulation of capital and the advent of wars and revolutions.
  • I found this fact fascinating: after the Napoleonic wars and World War 2, Britain’s public debt was 200% of the GDP. 200%! I found this fascinating, first because there is a lot of worry now about the wealthiest nations having their public debt going over 100% of their GDP. Yet Britain’s was much much higher in those two cases. How did they reduced that debt and bring the percentage down from 200% to a much smaller number (as seen in the book)? Inflation. It was done over a very long period of time, but it is proof that high debt can be brought down and that it isn’t irreversible.
  • Reading the section on slaves and capital made me think many things, including the idea that capital based on anti-democratic or inhumane means is precarious — think of capital that pollutes or depends on the deprivation of otherwise rights….it is unstable capital — and that capitalists and not just socialists should argue for an economic society based on democracy and human rights.
  • One thing Piketty does well is whenever possible he links data from the US and Sweden because they are both relative outliers to the UK, France and Germany. It also highlighted to me how much the US lags (or leads, depending on your viewpoint) much of the developed world.
  • Piketty is big on education. If anything, I think he gives it too much weight. People from better schools stay wealthy not just because of what they learn but who they connect with in such schools. (Maybe it is different in France, but I doubt it.) Establishment schools are smart enough to let new blood in but they are far from meritocracies. To me, Piketty seems to have a blind spot when it comes to academia that he doesn’t show elsewhere when talking about inheritance or super-managers.
  • Piketty makes the case that taxes are better than debt. I made this note: “The concern for progressives is that capitalists will drive down both taxes and debt by abusing social programs.” But I don’t know why! 🙂 Ah well…it was likely a good thought at the time of reading it.
  • Piketty talks at the end about the contradiction of capitalism is r > g. My belief is that this formula should be more complicated and that when you add a time factor in there and some other dependencies, you see have a better model and formula (or formulae) on how capitalism corrects itself, either through war, or revolution, or other drastic social change. But this is just another belief I have.

As you are reading it, you will likely have your own notes and marginalia. Let me know what you think.

My modest guide to Piketty’s Capitalism and how to read it (all the way to the end)

 

You are looking at buying Piketty’s Capitalism, or maybe you already bought it, but you are daunted by it. Having read it, I can say it is daunting in parts, but it is also great. I highly recommend you get it and read it from front to back. Some of you will have no problem with that. For the rest, I put together this modest guide on how best to read it and finish it and not get bogged down and put it aside.

Here goes.

The introduction is an easy read. If anything, it is highly approachable. Piketty is a good writer, and he does a number of things to make it easy to read. (For example, he brings in a lot of literary references. He also does not assume you are an economist.) For the first 100 pages I thought: why is everyone having difficulty with this book….it’s fun! (Mind you, I am interested in economics, but still….) What I’d say is that this introduction is a good introduction not only to the book but the field of economics in general. Don’t be fooled though: the rest of the book is not as easy to read.

Of the book’s four sections, the first and last are the most approachable for non-economists. Emergency tip: if you are getting bogged down in the middle of the book, feel free to skip to the last section. Reading the first and last section is still rewarding, and you can read the last section without reading the middle. (Not ideal, of course, but better than skipping the last section all together).

That said, there are great passages in the middle, and there are some slow sections in the front and back. (Don’t entirely skip the middle, and likewise, don’t be thrown off by some harder parts in the front or back.) Here’s some examples of what I mean:

While non-economists might want to skip over it, I found his history of data collection — around page 55 — interesting. He is following in the footsteps of some of these other figures in the field of economics while also showing the limits of what analysis can be done, given the lack of data. I think this is an important thing to read if you read his critics. Piketty is aware of the limits of his analysis: something you would not think by reading his critics like I have. It’s good to know this. Also, this supports the case that Piketty makes later in section 4 on why a global capital tax would not just be good for states and a check on capitalism, but also as a way of improving the field of economics. Try to read this part.

Generally, the sections of the book on growth, income and capital are interesting infor the long term perspective they give. I found those worthwhile.

The second section is a good take on how capital has changed over the centuries. If you are going to think about capital and capitalism, it’s worth reading the second section on this history. There were radical changes in capital from the 18th century to the 20th, as capital went from being largely agricultural land or largely housing. In the United States another big capital shift occurred as human capital in the form of slaves rightly disappeared after the American civil war. So, I liked this section: it got me thinking about capital in ways I hadn’t before.

I highly recommend you don’t skim the part on the relationship between slavery and capitalism in around page 158. The value of slaves as part of the overall wealth of the US south is incredible, and the effect the Civil War would have on rightly destroying such capital was significant. You can rightly argue that slaves are human beings and not capital, but from the point of view of the slave owner, they were as much capital as machinery or barns or land. A thought provoking section, I found.

Of the middle section, make sure you read page 166 where Piketty introduces his law of capitalism. Piketty’s laws are a key part of the book. Also at the beginning of page 237 the book moves away from the data to talk about inequality and there is more approachable analysis. For example, around this point of the book, Piketty provides a good analysis of labor vs capital, class, and an insightful review of inequality. In particular his analysis around super managers and super salaries is really good and highly relevant in our times. (I think it also got up the nose of some Silicon Valley types, which I found fascinating.)

Make sure you read the section of the book on inequality: I found it to be one of the better parts of the book.

Overall, beware of section two. In this section, Piketty looks at capital in various parts of the world. If you are an economist, then  you really want to focus on this section, because he is making a case for his central idea. However, for a general reader, you might become fatigued in the middle of this part as it tends to feel repetitive. By the way, I think this repetitiveness is really supportive of Piketty’s point. He can argue: hey! look there is a consistency here we can make some conclusions about. If you already support his point, skim away.

If you are skimming madly in the middle, slow down as you get to page 400.
I took a lot more notes towards the end of the book (in the 400s) and I thought this section readable and interesting. For example, in the 400s, Piketty deals with merit. I believe a lot of critics don’t like the book because of how Piketty places limits on virtues of merit and hard work. Piketty argues you can work hard to get rich but someone with a lot of capital can get as rich or much richer with little if any effort. He goes on to show that capitalism is structured such that the rich will…well, get richer. Which means that proportionally the poor get poor. You may believe the rich get richer: here’s the argument as why in a capitalism society that happens.

The other thing I like about the 400s is that Piketty bring in literary examples again. He does that in the first section, and he does it again here, and I found whenever he does this, the book becomes livelier and more interesting.

Still reading? At the last section? Good! In the last section, Piketty focuses on the importance of regulating capital. Now, I am skeptical of what he recommends, even though it is hardly revolutionary (literally or figuratively). Maybe it will happen in the 22nd century. I am willing to believe it will happen, thought. After all, progressive income tax is a fairly new thing, and taxes themselves will continue to evolve, just like they have for centuries. Likewise, freer trade has increased dramatically in the 20th century, and other taxes like VAT taxes have made a big impact. Perhaps a global tax would not be impossible. That said, you should read the last section, because to not do so would be to miss out on a key point of the book.

Ok, that’s my modest guide to reading Piketty’s Capital. Did I convince you to give it a try? Great! Give it a go! If you can avoid the pitfalls in the middle, you’ll find yourself cruising towards the end and find you are done sooner than you think. Book completion aside, when you finish Piketty’s Capital you’ll have a much better understanding of capital in the 21st and capitalism in general. I think this important, because even if you don’t want to think about capitalism, capitalism affects us all. Knowing more about it, knowing how to think about it, and having ideas on how to change it are valuable.

Good luck!

The subversive genius that is Cracked.com

The team at cracked.com have a tested formula: take some good advice  and practically bury it in humour to get a piece that has you laughing at first but thinking later. It is a very subversive way to get people thinking on a site you wouldn’t expect to be doing so.

I first started reading cracked.com for the laughs, but afterwards thought: hey, they have a really great piece of guidance there. Here are two pieces from many good ones on the site:

There are lots of sites on the Web giving advice (including this one). Cracked does it in a way that is better than most. Worth checking out.

On the benefits of wearing a uniform

There are benefits to wearing a uniform: you look good, people can read you, and you simplify your life. I think that is what this article is getting at too, but to me, it oversells it: The Genius of Wearing the Same Outfit Every Day. Still worth a quick read, though.

I add that there are drawbacks to wearing a uniform: you can get stereotyped and you can get sick of it. I have tried it, and I think the trick for me was to have more of a template of clothing to wear and stick to that. By that I mean you have a number of different things to wear, but all the clothing fits a certain pattern or template. That approach  allows for some variation, but you gain all the benefits of a uniform.

Having read this, do you think the uniform idea is good or bad?

More ideas for late afternoon: are midlife crises biological?

Yesterday we considered math and infinity. Today, apes and biology.

If you read this, Even apes have ‘midlife crises,’ study finds – Yahoo News, you might conclude “possibly”. What do you think?

My thoughts: I’d push back and say the notion of a midlife crisis is a complex representation of a lot of different things, and being able to tie that back to biology direct doesn’t make sense. It may be possible to find linkages there, though, and through the discovery of these linkages gain a better understanding of how we relate to life as we mature.

Your thoughts?

 

Is your day boring? You need to think bigger thoughts. Here’s a short post on Infinity

This is a great introduction to the topic of Infinity. I think even people who struggle with math will get this and enjoy it.

Unless you studied mathematics, you likely didn’t know that about infinity. It is fascinating stuff, I find.

Found here: Infinity is bigger than you think – Numberphile – YouTube via @anitaleirfall on twitter.

 

 

This needs to happen: it’s time to abolish daylight saving time

Vox has more on that, here: It’s time to make daylight saving time year-round.

I hate daylight savings time mainly because the days feel shorter than they are due to coming out of work into darkness. If anything, I would rather the clocks more forward, giving me more time to enjoy sunlight after work.

That aside, the entire switching of clocks is an idea whose time has come and gone.  The next time it is time to switch, let’s campaign to abolish it.

Some thoughts on mining twitter for art

There was a lot of talk when Cory Archangel published the book above.  Essentially it is a collection of tweets from others tweeting about…well, working on their novel! It’s clever, but it made me think that it is just the beginning of works of arts that could be mined from the colossal amount of tweets each day.  There’s gold in there amongst all the twitter rage and minutiae about people’s day. It deserves better.

Meanwhile, more about that book, here: A Novel Compiled From Crowd Sourced Tweets About Writing A Novel | MAKE.

Two takes on robots that stem from one fact

Take 1: Over at Make,  A Peek Into the Design of The Robot Anyone Can Afford | MAKE.

Take 2: Over at Kottke is a good post on why we shouldn’t be blase about robots replacing us (Humans need not apply).

The one fact is that as microprocessors get small, cheaper, and faster, the ability to make robots gets easier and cheaper. That means more people can experiment with them, from individuals to corporations. Soon robots will be ubiquitous, just like personal computers and now smart phones are ubiquitous.  And just like now there are fewer and fewer jobs without computers  or smart phones involved, soon there will be few jobs without robots involved.

I don’t think this will result in robots taking all the jobs. My belief is that there will be a mix of robots and people doing work for some time to come, rather than just robots replacing people. But robots in work and play and all aspects of our lives in inevitable and coming soon. (Depending on your work day, you may not see this as a bad thing.)

 

The typical American room, and incidentally, the importance of home decor

This is not a typical American room:

No, not because of the actors in it. It’s not typical because it is interesting. It is packed with things to capture the eye. It is a “typical” room to an art director of a TV show.

To see and think about the typical American (and Canadian) room, I highly recommend this piece, The American Room — The Message — Medium. The author takes a number of YouTube videos to explore the typical American room and what it means. It sounds potentially boring, but I found it thought provoking.

I think home decor is important. The furniture you choose, the pictures you hang, and the color of the walls you choose are important. It stimulates the mind and gets you to think about yourself, your world, and your  life. I read once that the great artist Ferdinand Leger painted his floor red because he wanted it to stimulate him to produce better art. You need to live in rooms that make you better.  The typical room discussed in the article has none of that.

Here’s me hoping you strive to furnish your home in a way to gives you a better life.

What happens to your online life after you die?

In most jurisdictions, not much. The state of Delaware is attempting to deal with this legally. To see why,  look at this chart:

The law has an interest in determining how to deal with this online property, especially as it will sooner than later come up in legal disputes.

Here’s hoping more jurisdictions get on this as well.

Vox does maps well

It’s a quirky feature of vox.com that explains things with diagrams versus “listicles”. I like it, and of the various posts that they’ve done, I got the most from this one: 40 maps that explain the Roman Empire

Should you share this with kids? It depends: one of the 40 items talks frankly about sex. If you are ok with that, then yes! for the overall piece is highly education. Kids or not, I highly recommend it to you.

The best, easiest, and most effective New Year’s resolution to make (perfect for procrastinators, too) is

The best, easiest, and most effective New Year’s resolution to make (perfect for procrastinators, too) is this: I resolve to make a new resolution every week (or month, or quarter or season, or….you get the idea).

It sounds like a lame suggestion, but think about it for a minute. By making this resolution, you have already made a resolution. Good for you! One down. That out of the way, you can decide what is a schedule you are most likely to stick to. Once a week? Possible, but tough. Monthly? More likely. I personally like quarterly or seasonally. The idea of having a new resolution every season is a great way to kick off a season. In spring you can resolve to plant new / more plants. In summer you can resolve to go to the beach more, or go on that trip you always wanted, or spend more time in the park reading or exercising. In fall you can resolve to get out and take in more culture. And in winter you can resolve to get in shape for next spring and fall.

Whatever you do, keep a list. You will be surprised at the end of the year how many resolutions that you made and kept.

The other good thing about this approach is that you keep up the resolutions, rather than making a bunch in January, only to have them die off.

Good luck!

One of the greatest disrupters is one never mentioned in that way

The word “disrupters” is very much in vogue (see here and much of what comes out of start ups from Silicon Valley). Although not spoken of in those terms, one of the great disrupters of the 20th century, Mikhail Kalashnikov, creator of the AK-47, just died. Most disruption is a destructive action as well as a creative one. The AK-47 allowed more disruption to occur than almost any other technology in the last 100 years, and while it brought death, it also brought great change. I don’t support change brought on that way, but when people heap praise on disruption, ask them what they think of the AK-47. If they don’t have a good answer, they don’t have an opinion on disruption worth listening to.

What if life follows Moore’s Law

A fascinating idea: what if life on earth follows Moore’s Law? If it does, as discussed
here, then it could explain why there are no beings in the universe advanced much beyond ours. It could also mean that life on Earth came from somewhere else.

The article in MIT’s Technology Review is well worth a read. It also makes me think that Moore’s Law could be a fundamental way of understanding much more than integrated circuits.

Six Degrees vs The Tipping Point and the problem with metaphors.

Kevin Kelly writes on something that is getting a fair amount of attention: the new book by Duncan Watts (Six Degrees). Watts critiques another book by Malcolm Gladwell (The Tipping Point), and Kevin Kelly does a good job of commenting on it.

My problem with all this analysis is the use of metaphors. Using metaphors of disease or forest fires helps model and understand the characteristic of certain activities (e.g. the success of failure of certain forms of communications), but they are just that, models. And limited ones at that. It’s good that Watts has shown the limits of Gladwell’s metaphor. But I suspect his metaphor is just as limited.

Why giving up your privacy doesn’t make you more secure.

Over at techdirt.com is a very concise argument on why giving up your privacy doesn’t make you more secure. Key quote:

“Confiscating shaving cream and nail files at the airport doesn’t make anyone safer. Neither does creating a national ID card, because terrorists rely on surprise, not anonymity. The fundamental issue is that real security involves focusing resources on identifying and stopping the tiny fraction of the population that is engaged in criminal and terrorist acts. The vast majority of people pose no threat to anyone, and it’s a waste of resources to monitor them. “

See Techdirt: If You’re Watching Everyone, You’re Watching No One for the entire article.

The World is NOT flat

James Fallows over at the Atlantic.com reviews and recommends: “A Flat World, A Level Playing Field, a Small World After All, or None of the Above?” by Edward Leamer of UCLA. There is a link to the article, as well as a summation of it, as well as a critique of Friedman. Quote:

* When I asked Friedman on the show why he said on virtually every page of the book that the world was “flat,” when he knew very well all the reasons it wasn’t, he disarmingly said: In the columnist game, you don’t sell things 51-49. You decide what you think is right, and you push that all the way. So, he could have more accurately said that the world is “flattening,” but that wouldn’t have had the ooomph.

For more, see James Fallows (September 07, 2007) – Golden Oldies: the world is not flat

Feminism and Aliens

I remember when I first watched Aliens, I was taken by how the movie flew by, even at 2+ hours. It was thrilling.
I thought about it later and how well it was made. We had already seen the Alien in the first movie, which was a great cross of the genres of science-fiction and horror films. James Cameron made a different movie by crossing the genres of war film and horror film with Aliens. This was interesting in itself. But he also did another interresting thing: he explored the notions of feminism within the film, or at least, the bonds between mother and daughter. (Just like he explored the notion of Father and Son in Terminator 2.) Cameron is not Renoir or Bergman, but Arnold might not have been joking when during the “Titantic” Oscar he joked about starring in Cameron’s “art films”.

The other interesting thing is the juxaposition between maternalism and the action film genre. The contrast gives the films punch. I am sure Camille Paglia would approve. 🙂 See:

As Andrew Sullivan said, one of the best movie lines ever.