Everything net
Everything relevant to the thought
... I think most Americans underestimate how much more dysfunctional our constitutional/political system could become. I think people mostly still think about the changes of the last 30 years in terms of the tone of political arguments getting nastier: annoying but ultimately not that important. ...
... But I think the governments ability to deal proactively with emerging problems has been degraded significantly. Many aspects of government are coasting along, overseen by agencies created between 1932 and 1972 but whose enabling legislation is increasingly out of date. ...
... Meanwhile I think we are going to continue to have more government shutdowns, 1/6 style chaos, etc. at some point this will coincide with an emergency and it will cause big problems. ...
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... A lot of people think that the size of the American housing "bubble" in 2005 made a housing crash inevitable. But if you compare the US to peer nations this isn't so obvious. https://t.co/hGWTzTUZyN https://t.co/HsqHfSaqxU Canada, the UK, and France all had bigger housing booms than the US. ...
... I also think this chart is consistent with the explanation I prefer—that causation mostly runs from bad macroeconomic policy to a housing crash, rather than the other way around. ...
... And that's what I think you see in this chart. Tight money put downward pressure on home prices throughout the Eurozone, but the effect was biggest for countries like Spain and Italy whose economies were otherwise most negatively affected by ECB policies. ...
... So return to to the US: most people think the size of the housing bust meant the Fed was powerless to prevent the Great Recession. I think this is backwards. If the Fed had cut rates more aggressively in 2007 and early 2008, we would have had a much smaller housing downturn. ...
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... But I think that actually supports the view that the declines mostly reflected tight monetary policy rather than inherently unsustainable prices. ...
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... I think 2008 will be similar. It modestly accelerated the integration of Europe and the global decline of interest rates but didn’t otherwise bring about any significant, lasting change to economic policy. ...
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... And there's no hint of a wage-price spiral 4/ I think — probably, maybe, I hope — that inflation will subside as demand gets less skewed and supply chains adjust. Price controls would just screw up that adjustment. Not all bad ideas come from the right 5/ ...
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... From 1987 to 2011 (and also long before then I think), manufacturing workers got faster more quickly than other workers. But in the last decade US manufacturing productivity hasn't improved at all. Why? ...
... What was exceptional was the deep post-2007 housing bust—driven I think by the mistaken belief there had been a big housing bubble. https://t.co/MEOt8eRT7J This chart helps to illustrate why home prices have risen so much in the last few years: the sticker price is at a record high, low interest rates ...
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... But if you think through the alternatives it does seem like the least-bad option. Just throwing home prices into the basket is weird because most homeowners don't buy a home every year. It also doesn't account for the fact that mortgage rates change over time. ...
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... Personally I think the most likely story is that the BLS (slightly) changed its methodology in the 1990s because it thought the new methodology would more accurately capture the true inflation rate. ...
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... The human species nowadays has so many tools to help with all sorts of tasks but not a de-factor or even a popular tool to help day-to-day thinking? Why? Is that because our ways of thinking are so different from each other? ...
... Or is it because for most of us, our thinking naturally lacks structure or even cohesiveness? One of the main missions of the mind net is to solve that tooling problem. ...
... The first steps the mind net took are 1\. automatically discover connections between atomic thoughts\, and 2\. visualize them in the form of maps\. 3\. Allows users to organize them visually by arranging them in custom maps\. ...
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... The mind net aim to make such links bi-directional. ...
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... [The net view](https://www.themind.net/mapItems/Hypothesis/348E44hASHa7AvgODCLkyg/net/?netViewMode=FormalGraph) ...
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... More specifically, a network of ideas, thoughts, propositions, observations, things that live in our minds. Imagine we can connect things in our minds with things in other people's minds. ...
... As explained by the book "Where Good Ideas Come From: The Natural History of Innovation", being able to make connections between ideas in different minds has been critical for human innovations. ...
... Imagine if we have a medium that is specifically designed to facilitate connections between ideas in different minds. This medium is structured but allows easy divergence, multilateral and asynchronous. ...
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... Facilitate collaboration in thinking\, especially within spontaneously formed groups of people\. 2\. Facilitate distilling/transcending theories from atomic and spontaneously formed ideas within and between individuals\. The tools to achieve the above: 1\. Record thoughts\. 2\. ...
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... ([This is challenging](https://www.themind.net/observations/4fcVuFGoTEa43ez-xhSAsg) when thoughts/ideas are organized in the usual narrative structure, such as books, lectures, and talks). ...
... Such a system that connects atomic ideas and thoughts between users might achieve a **digitalized collective mind**. Digitalized mind means all ideas/thoughts are digitalized, collective meaning that these ideas/thoughts are contributed by multiple users and digitally connected to each other. ...
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... We can call this digitalized mind. The digitalized mind makes thoughts/ideas easier to consume, assess and generate new insights. ...
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... Collective digitalized mind, i.e. digitalized and connected thoughts/ideas from multiple users by itself, may not automatically achieve collective intelligence (the intelligent capabilities of solving problems collectively). ...
... If all thoughts and ideas are given equal weight and importance in the collective mind, it may be too swamped with them and fail to be coherent or useful. ...
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