Jump to content
Objectivism Online Forum

bill harris

Regulars
  • Posts

    54
  • Joined

  • Last visited

Posts posted by bill harris

  1. Having read this recently, when Bill Harris asked this question, "But Newton also believed in alchemy, so what's that called?" reminded me of how this biography could address something here, that has also been touch on in the referenced thread.

     

    More on this later.

    Thanks, Greg.

     

    I suppose that my relevant point, going in, is that having various philosophical beliefs do not necessarily pre-determine success and failure in any endeavor. 

     

    Thx, Bill

  2. That might have been predictable. Genus; differentia; please?

    To the extent that i understand your cryptic response, i disagree. Statistics don't replace replace a certainty as much as describing real situations in which randomness and variance naturally occurs.

     

    For example, while you can say that the results of any particular coin flip is random, the boundary conditions are set by sidedness (2) and long-term evenness of outcome based upon the equal weights of the two sides.

     

    What frustrates many people is the extension of this into QM. Elementary particles really do behave in sort of a random manner.

     

    BH

  3. 1You're actually right about this.

    And the reason you're correct is because Objectivism has no bearing on how you live your life.  It can't even be communicated by your method of thinking.

     

    2You're attempting to accuse me of rationalism here, only you're doing it wrong.  The irony is that by categorizing 'conceptualizing' as rationalism (or 'sophomoric') you're once again confessing to being totally alien to the process.

     

    Fear of what?

     

    3Which means that in order for Capitalism to be good people cannot act purposefully, different people must know different things and businesses cannot compete. . . In reality.

     

    4Meaning that although an economy is caused by the actions of many different individuals, aggregated rational action cannot predict what economies do; it's simply random.

    ---

     

    5Are you asking whether I'm afraid of that logic?

    Harrison,

     

    Permit me to respond by paragraph, 1 to 5:

     

    1& 2-- My belief is that philosophy is important in developing ideals and values for life.  That said, there are three possibilities for any individual to take. 1) ideals direct my life 2) ideals influence my life as a first step 3) ideals are nonsense.

     

    As an analogy, pretend you're trying to get to the Bahamas in a sailboat from Miami, whcu is 90d directly due east. You set your compass accordingly. Well, good luck if you don't adjust for wind and current!

     

    My point is that both a non-directedness and a refusal to interface with empirical reality will get you to Cuba. 

     

    Or try swimming: how helpful is a diagram? Better with than without, but having learned it alone will not keep you afloat...

     

    For you, with all due respect as an enormously erudite individual, Objectivism over-directs. You really do seem to want to 'live' by ideals and values; I simply contend that this is impossible. 

     

    3,4&5-- Rand's justification for capitalism is that it's about moral agents acting out of rational self-interest. The math of their interaction seems to indicate that 'the road to hell is paved with good intentions'. So yes, you're at a point where you have to choose: intent versus outcome.

     

    Here, I'll add a point that 'ethics' in a large sense is not so much 'doing good' as to what part of 'goodness' includes choosing by good intent, while knowing all along that the outcome of this choice will be bad.  

     

    Because this scenario is absurd (as Rand must have realized), she was obliged to find an economic theory which would demonstrate that the outcome wasn't bad after all.. In other words, at some point, markets will have to be shown to produce something more than bad outcomes.

     

    Surprisingly, she rejects both Chicago and Hayek. The former is based upon strategic 'rational expectations', which was not proven false during her life. The later wrote that markets produce participatory democracy, regardless of its chaotic nature; so just put some controls on the system & you'll be okay. 

     

    Finally she settles in on Mises, who talked of 'choice' as if the actors were rational actors.

     

    My name-laden expostulation tries to show you that in no ense can it be said that markets produce rational outcomes. By choosing unfettered markets in the name of personal freedom, you're choosing chaos.

     

    So yes, be very afraid.

     

    --Bill

  4. Am I suppose to pretend that what you are arbitrarily referencing in here actually ties in to the overall topic that has been being discussed since Binswanger's book came out? Just glancing over your replay tells me you're grasping at straws, trying to make your assessment as semi-plausible as you can. Sorry, I'm neither softwareNerd; able to address your insecurities on these issues; or Harrison, able to categorize your rationalizations for what they are. I'm simply a student here trying  my best to understand the material my senses have been provided with.

    I was referring to # 121. Must I provide line-by-line citations?

  5. Buddha said:

    Weaver said:

    Yes, I find this whole passive aggressive poking incomprehensible. I mean, if you (Bill) want to debate Oist premises lets just have at it in a thread titled in a way that names your beef and a post stating what you think any of these thinkers have to say that Oist should know and consider.

    I have long wanted to discourse with someone who knows Wittgenstein, Russell, Frege, Husserl and Rand. Bring it on, grind the damn axe and lets see if your stone is hard enough to erode Rand's premises.....But enough drive by sniping already.

    Buddah,

     

    As I mentioned in another post, situating Rand's epistemology in the company of those who you cited was meant as a complement.

     

    For my own purposes, i'm trying to figure out where she fits in. Therefore, your knowledge of these philosophers would be of great benefit.

     

    With anticipatory thanks, Bill 

  6. Taking the oft used example of color, similar shades of blue are viewed as different relative to one another, but introducing a foil of say yellow, or red - the differences are perceptually viewed as similar in contrast to the introduced foil. These color distinctions could easily go back to pre-writing time in my mind.

    Supporting Miss Rand's measurement omission recognizing that the similarity of characteristic differs in quantity or magnitude, science confirms this for us without upsetting the fact that this is done perceptually. Since Newton's observations recorded in "The Opticks", the angular relationship he documented has been augmented by further investigations that have demonstrated much more of the light spectrum in quantifiable wavelength's. In this regard, science confirms this measurable aspect of this induction made philosophically.

    Newton had to have a sound enough understanding of dealing with the evidence of the sense to undergird his approach to understanding the phenomenon he was investigating. In this sense, philosophy lays the foundations for the sciences to build upon.

    On another token, Dr. Peikoff stated that Miss Rand did not think she could have come see reason as the means of survival without the industrial revolution - which could well have it's roots in the application of mathematics to physical phenomenon as laid out by Kepler, Galileo, Newton, and others.

    This seems to suggest a symbiotic relationship between the sciences.

    Even in Harriman's recent release - the progress in chemistry reached an impasse which physics picked up on, which in turn, enabled chemistry to move forward.

    And I'll wrap by saying, consider how all this knowledge is interrelated, interrelates with the philosophic principle of how all knowledge interrelates.

  7. Taking the oft used example of color, similar shades of blue are viewed as different relative to one another, but introducing a foil of say yellow, or red - the differences are perceptually viewed as similar in contrast to the introduced foil. These color distinctions could easily go back to pre-writing time in my mind.

    Supporting Miss Rand's measurement omission recognizing that the similarity of characteristic differs in quantity or magnitude, science confirms this for us without upsetting the fact that this is done perceptually. Since Newton's observations recorded in "The Opticks", the angular relationship he documented has been augmented by further investigations that have demonstrated much more of the light spectrum in quantifiable wavelength's. In this regard, science confirms this measurable aspect of this induction made philosophically.

    Newton had to have a sound enough understanding of dealing with the evidence of the sense to undergird his approach to understanding the phenomenon he was investigating. In this sense, philosophy lays the foundations for the sciences to build upon.

    On another token, Dr. Peikoff stated that Miss Rand did not think she could have come see reason as the means of survival without the industrial revolution - which could well have it's roots in the application of mathematics to physical phenomenon as laid out by Kepler, Galileo, Newton, and others.

    This seems to suggest a symbiotic relationship between the sciences.

    Even in Harriman's recent release - the progress in chemistry reached an impasse which physics picked up on, which in turn, enabled chemistry to move forward.

    And I'll wrap by saying, consider how all this knowledge is interrelated, interrelates with the philosophic principle of how all knowledge interrelates.

    Newton was able to extend his Optics into a viable general hypotheses through what  we now call 'abduction' . So if this is what you want to call 'philosophy', then fine. 

     

    But Newton also believed in alchemy, so what's that called? Or how about his belief in god?

     

    Babylonians and Greeks both had mathematics. For the former, it seemed to have been a grab-bag of methods applied to certain problems. As fr the later, we're well aware of certain philosophers' apparent desire to convert lots of how -to's into a few axioms, or 'worthies'.  That's just what philosophers do, ostensibly a Greek invention.

     

    At its birth, chemistry had to prove the viability of molecules. Then came an explosion of knowledge, particularly in Germany, that occurred so fast that Americans had such a hard time keeping up with the translations that many simply went and learned German, instead.

     

    The advent of Physical Chemistry and Quantum Analysis was due in great part to Pauling's solution to the benzine-halogen problem in the 20's. As even Einstein couldn't understand the solution as personally explained, it's rather obvious that Chemistry was employing certain quantum techniques not universally known in Physicsworld.

     

    No, I don't believe the 'knowledge hypotheses' as anything more than its accumulation overtime. For example, the 'roots' of Bessemer having figured out how to cheaply inject carbon in to iron was based upon the access to huge quantities of coal, iron, and labor. 

     

    in other words, what made the new industrial revolution of steel was not the understanding, which dates to the 1400's at least, but how to do it better, more efficiently.

     

    BH

  8. "What isn't accounted for is error and the stark reality that other people (a) take the same sensory data, but derive other accounts of abstracted truths and ( B) the process of selective perception gives different individuals different data, therefore different truths."

     

    You really haven't read Rand, have you?

     

    For it to be said that an INDIVIDUAL has obtained objective knowledge, what is required is that he has - to the best of his ability - reconciled and accounted for any known, contradictory information.  Example, Newton's knowledge was objective., but Einstein later provided a better description of gravity.  And you know what?  Einstein's ideas have flaw's too.

     

    Objectivism (and objectivity) is not about achieving omniscient, flawless, never-to-be-amended TRUTH about the Universe.  All propositions are contextual, all definitions are contextual.   

     

    Actually read FeatherFall's post #104 and think about it.

    >>>You really haven't read Rand, have you?<<<

     

    >>>For it to be said that an INDIVIDUAL has obtained objective knowledge, what is required is that he has - to the best of his ability - reconciled and accounted for any known, contradictory information.<<<

     

    If this is all that Rand is saying, then She's said nothing at all that's remotely interesting: who would not agree with the above? In other words, although yes, I've read her Epistemology, one would not have to read it to have agreed with her on the above.

     

    Perhaps my gloss, then, is either putting words in her mouth or making her appear far more profound than she was. After all, i'm trying my best to place her in the company of Aristotle, Russell, Kripke...while you're reducing her to a melange of Ken Wilbur, Dr Phil, and Sarah Palin. 

     

    At the very least, we can agree that you're using 'objective' in a rather louche sense. All it really means is 'subject independent'. So now you're offering up gravity as a 'subject-independent' idea? Wow! How insightful! My 12 year old niece can do better by citing Peyton List's 'gravy theory'.

     

    BH,

  9. Now, having identified the motive behind "you didn't build that" as the fear of responsibility, and having generalized across every instance of statism, we find ourselves in the unique position of being able to immediately verify this theory.

     

    Billy is your average anticonceptual mentality.  He treats concepts (all concepts) as if they were percepts.  Not all collectivists are anticonceptual, nor vice-versa, but I have noticed a strong correlation.

    Exhibit A:

    Notice that 'both Galt and Marx are wrong' leads him to 'a fair metric'.  The subject has nothing to do with principles, to him.

     

    Meaning that redistribution is inevitable and involuntary.

    Now, at this point, you may find yourself baffled at how he can consider it involuntary.  But he's already told us the answer, here:

    The statement, that there has never been a fully free society, is of course completely true.  You know it's true.  I know it's true.  But we can imagine things which have never happened before while he cannot, because we have conceptualized it.

    He is not capable of distinguishing between the actual, the possible and the impossible.

     

    So where is this fear of responsibility, if he cannot feel responsible for the evils he advocates? . . .

    Whoever asks you to suspend your own judgment, either of identification or (in this case) evaluation, has already done so themselves.

    ---

     

    Bill Harris is afraid of the responsibility of forming his own evaluations.

    My own evaluation is implicit in my text: orthodox Randism has offered no shred of real evidence as to why its ideals, so stated, have any realistic bearing on how people really live. 

     

    'Concepts', as used, is just a fancy word for what the mind devises on its own, with or without a grounding in lived reality. The Greeks called this 'noite' , and Hume, 'the imagination', as did Kant.

     

    This is not to say that the pursuit of concepts is wrong. Rather, only a sophomoric enterprise when said coneptualizing replaces the awareness of real life. 

     

    What one should never be afraid of is to inquire of others' 'concepts', can you offer me a concrete example of what you're talking about?"

     

    For example, if you believe in 'free markets', are you afraid when I challenge you to provide me evidence that markets actually work the way that you claim that they do? Or, being afraid that they don't--because all empirical evidence demonstrates contrary-- do you hide in fear behind the principle of individualism, thereby kicking the rhetorical can away from economics as such?

     

    Or, out of fear, do you resort to childish name calling?

     

    BH

  10. Not at all.

    Literacy, for example, is a skill which requires certain information; that information was derived from the self evident and infallible testimony of the senses originally- right?  But the fact that it's derivative shouldn't stop you from applying that knowledge to your senses in order to read and write- right?

    If so then in exactly the same way, scientific knowledge (which logically depends on philosophy) can be used to gain additional insights into philosophy.

     

    So I suppose I could be accepting a circular sort of justification, except that nothing can contradict anything (since that would generate stolen concepts) and if there were to be a contradiction, philosophy should ultimately take priority over everything else- in the same way and for the same reason that the self evident takes priority over philosophy.

    ---

     

    And that relation, in which derivative knowledge may enhance but not contradict its base, is also the relation I think sensations have with the inferences we draw from them (i.e. perception).

    >>>scientific knowledge (which logically depends on philosophy) can be used to gain additional insights into philosophy.<<<

     

    You can, I suppose rig up a daffy-nition of 'philosophy' which satisfies this statement. Perhaps, metaphysically, "Nature' is mind-independent."  Wow.

     

    Obviously, the problem is that said statement is not limited to doing science as such. Rather, it informs our daily lives every minute. 

     

    The second issue is that various scientists have held various metaphysical views of reality, yet have worked side-by side. perhaps the best example is Wigner, who actually believed that the grater part of QM was mind-dependent, D- matrix and all.

     

    Lastly, we have the in-the-face-reality of Bacon's New Method', which explicitly rejects Aristotle for the sake of creating a new metaphysik consistent with his own method. 

     

    BH

  11. I don't think this accurately describes Rand's position. She believed that consciously holding a complete description of a concept is impossible. According to her, words are like an interface; they allow all of their referent properties, known and unknown, to be condensed into a usable form. The mental act of retrieving a word necessarily omits from the conscious mind almost everything that word could be used to represent.

    There are only several logical possibilities:

     

    * Aristotle: Words adequately describe any object. In other words, there is no real epistemological issue in so far as our senses tell us the truth about what's out there. Therefore, the relationship word/thing is 'natural'.

     

    * Kripke: words cause objects. Therefore words serve as causal referents because nothing exists without a name. Otherwise, we're dealing with what Aristotle called huile, or indistinguished matter.

     

    * Russell: words describe everything that might be said about a thing. Indeed, these descriptors are not only infinitely regressive, but also contradictory.

     

    * Wittgenstein: words only define things within a frame of reference (Bild). Words outside said frame are meaningless.

     

    It's  more or less assumed that Rand's position was Aristotelian (Machan). That's because, again, of her mind- theory of "perception >> thought". In other words, the mind produces a representation of what's really out there:

     

    We absorb sensory data, we bundle, we process by thought, we produce concepts by abstracting sensory particulars...etc....

     

    What isn't accounted for is error and the stark reality that other people (a) take the same sensory data, but derive other accounts of abstracted truths and ( B) the process of selective perception gives different individuals different data, therefore different truths.

     

    Of course, this isn't new: Kant cited the above in Hume as to why he was shaken out of his dogmatic slumber. Rational skepticism, then, begins with the discovery that other people use reason, too, but derive different conclusions.

     

    Therefore, what you seem to be offering of Rand is a hedge. Condensing ' all referent properties' means (a) all that the mind possess at the time of condensation and ( B) all properties understood by the mind to be 'true' referents, as opposed to those that aren't. 

     

    Lastly, again, the Randian assumption is that the mind works like an inductive machine by forming few generalizations (abstractions) from many sensations (perceptions). Then, concepts ...w

     

    Well, only half true, as pre-existing thought guides what's perceived, after all.

     

    BH

  12. Wow.

    If you can't see what's so horrifically wrong with that, try telling the object of your affection that you only like them because society told you to.  Seriously.

     

    Wow.  Just wow.

    Wow. if you can't see that there's a difference between expressing feelings for your particular object of affection and what, in the abstract, feelings represent and their origin, then you're a hopeless solipsist.

     

    In other words, consenting adults whose minds mature beyond that of the average 13 year old gurl, do occasionally discuss the social and psychological basis of love. And who knows? maybe even the Socratic pena kai pora as cited! Wow, indeed!

     

    That you obviously haven't speaks volumes; perhaps it's a lack of spinal column?

     

    BH

  13. So, your polemic strategy is to bury the opposition in a huge list of assertions that are just obviously right because a professor says so?

    No, my request is that the Austrians should come up with some quantifiably testable hypotheses on their. own.

     

    Otherwise, their case is about as strong a girl wandering into a sports bar with a mini skit, no panties and a tee shirt that say's 'rape me'..yet files a complaint that she was...raped.

     

    BH

  14. Perceptual as "given" is really just that it's there and not chosen. That isn't to say perception includes things like if you "perceive" two options differently. That isn't given, and nothing Rand said would suggest she included intuition in that. Although she would likely call it "emotion". No philosopher tries to offer "nuts and bolts" but they can and do identify what's there, introspection is not really the best to investigate cognition, all it can do is say that something occurred, or say how you deliberated. It's not possible to say how a heuristic is used by introspection. So yes, some things often called thought aren't thought in the sense of deliberation. Still, that isn't about perception, doesn't answer Rand, and fits well with what Rand did say. More Kahneman would need another thread!

    To beg to differ a bit: lots of philosophers try to use neurosci 's nuts and bolts to justify their particular theory of consciousness. the best example is Daniel Dennett, who sounds more like a Biology lecture than anything else.

     

    A thread on Kahneman would be interesting; here. however, i don't want to belabor the point that i was using his 'heuristic' as an example as to how perceptions aren't just collected and bundled into a thought, hence, 'concept'.

     

    Half of Rand's epistemology concerns the relationship between words and things, while the other half is about the formation of concepts. Both halves require some sort of vindication within the realm of brain studies. 

     

    To the extent that perceptions of objects are bundled, then converted into thoughts, words completely describe the object, just as Aristotle, then Rand, said. If, oth, our brain tells us to see 'fish' for whale' as in Jonah, the word/thing relationship takes on a critical dimension, as Russell and Wittgenstain said.

     

    Likewise, our brain forms abstractions, or 'concepts' by forming a universal similarity between perceived objects. Our correct abstractions depend upon the correctness of our input which, again per Aristotle, is always correct. OTH, the observation of Hume was that the processing wasn't that automatic, and that different people may see different things because of pre-classification within the brain.

     

    In other words, it seems as if Rand/Bins are trying to say that  her Epistemology must be true because their explanation of brain-work makes it so. 

     

    yet a compromise has already been worked out by Kripke, dating back some 50 years. That Rand's epistemology resembles his theory of language has, in fact, been duly noted by Machan.

     

    Kripke wrote that all the information we know of an object is encompassed in a word of its description. For example, if 'fish' also means 'sea mammal' to some cultures, then that's what it means because, after all, there's no ideal point of Aristotelian reference that demands we always get observations 'right'.

     

    In contrast to Russell and Wittgenstein, Kripke says that a word completely describes the object, without condition. meanings do not slide form game to game...

     

    Kripke, i hasten to add, used no reference to brain processes...

     

    BH

  15. Perceptual as "given" is really just that it's there and not chosen. That isn't to say perception includes things like if you "perceive" two options differently. That isn't given, and nothing Rand said would suggest she included intuition in that. Although she would likely call it "emotion". No philosopher tries to offer "nuts and bolts" but they can and do identify what's there, introspection is not really the best to investigate cognition, all it can do is say that something occurred, or say how you deliberated. It's not possible to say how a heuristic is used by introspection. So yes, some things often called thought aren't thought in the sense of deliberation. Still, that isn't about perception, doesn't answer Rand, and fits well with what Rand did say. More Kahneman would need another thread!

    To beg to differ a bit: lots of philosophers try to use neurosci 's nuts and bolts to justify their particular theory of consciousness. the best example is Daniel Dennett, who sounds more like a Biology lecture than anything else.

     

    A thread on Kahneman would be interesting; here. however, i don't want to belabor the point that i was using his 'heuristic' as an example as to how perceptions aren't just collected and bundled into a thought, hence, 'concept'.

     

    Half of Rand's epistemology concerns the relationship between words and things, while the other half is about the formation of concepts. Both halves require some sort of vindication within the realm of brain studies. 

     

    To the extent that perceptions of objects are bundled, then converted into thoughts, words completely describe the object, just as Aristotle, then Rand, said. If, oth, our brain tells us to see 'fish' for whale' as in Jonah, the word/thing relationship takes on a critical dimension, as Russell and Wittgenstain said.

     

    Likewise, our brain forms abstractions, or 'concepts' by forming a universal similarity between perceived objects. Our correct abstractions depend upon the correctness of our input which, again per Aristotle, is always correct. OTH, the observation of Hume was that the processing wasn't that automatic, and that different people may see different things because of pre-classification within the brain.

     

    In other words, it seems as if Rand/Bins are trying to say that  her Epistemology must be true because their explanation of brain-work makes it so. 

     

    yet a compromise has already been worked out by Kripke, dating back some 50 years. That Rand's epistemology resembles his theory of language has, in fact, been duly noted by Machan.

     

    Kripke wrote that all the information we know of an object is encompassed in a word of its description. For example, if 'fish' also means 'sea mammal' to some cultures, then that's what it means because, after all, there's no ideal point of Aristotelian reference that demands we always get observations 'right'.

     

    In contrast to Russell and Wittgenstein, Kripke says that a word completely describes the object, without condition. meanings do not slide form game to game...

     

    Kripke, i hasten to add, used no reference to brain processes...

     

    BH

  16. BH: Are you conceding that the issue of economics comes down to simply a supply/demand alternative?

     

    If I recognize a causal relationship that exists, am I really taking a risk to side with a causal aspect in order to recognize a gain an action that said cause is known to produce?

    No, Keynes' 1920 point (supported by Wittgenstein, Russell, Ramsay, and later Sraffa) was the supply/demand as given by Marshall was a tautology. 

     

    The behavioral components, or nuts and bolts, were based in probability of outcome.

     

    Keynes later, in General Theory. 1929 developed the probability of eventual loss into an explanation as to why slumps are persistent. There is no bounce -back upwards from the downwards portion of a cycle if you're broke. 

     

    BH

  17.  Well methodological individualism is a major part of Austrian Economics. Although Rand didn't comment on that very much I believe.  

     

     

    Economics is a value free science. What economists argue is that the market meets consumer demand, whatever those demands may be. The market provides people tons of bad things all the time.

     

    As an example, one of the first areas of privatization in our civilization was that of religion.  Churches gradually went from being state operated entities to private entities dependent on meeting consumer demand. Many religion preach poisonous and harmful ideas, and have been for hundreds of years in a free market.  Another example is fast food or narcotics. 

     

     

    Just because Rand's philosophy has nothing to say on these matter doesn't mean they are excluded from thought. Social sciences do have utility. 

     

    As an example one may be concerned about Child Abuse. A Rand influenced libertarian named Stefan Molyneux for example has spent a great deal of time using social sciences to help convince people to not spank their children. He cites the correlations between spanking and all of the problems that it can cause the individual and how these individual problems can explain many of the problems that are common in the West. 

     

    Another example of how social sciences can be used is by Social Entrepreneurs. These people are paid to solve problems by people who care about specific issues. Our society has becomes so wealthy that now when the average person thinks "This problem sucks and I hate that it exists", he can pay someone to do something about it. This is preferable than just sitting there frustrated about how the world is. Social sciences can help those Entrepreneurs find creative ways of eliminating those problems. 

     

    A third example is organizational sociology. Ford had a sociology department for example which was meant to study productivity in his firm. Perhaps a resort company in Mexico needs to hire criminologists to study security issues and figure out how to best deal with crime. A private city could hire a sociologist to figure out the best norms for a community. 

     

    What social sciences should not be used for is assuming that the State can somehow manage society into prosperity. We aren't cogs in some machine to be pieced together into a perfect society, we are individual people with our own lives.

    To answer your last statement first, social sciences give us the potential of knowledge, that's all. As such, said knowledge can either be used or abused by either private or public sources.

     

    My best example comes from my particular field of Anthropology. In the late 40's, cooperative dike construction for growing rice in Vietnam was studied and described in a monograph that became a classic. Far too much so, as the US Army got a copy and began to develop the terror tactics of dike bombing to destroy the agricultural base of 'the enemy'. 

     

    As for Austrian School & 'methodological individualism:

    a) real actors are neither motivated by nor act in terms of 'rational expectations. 

    B) market information is not 'symmetric'.

    c) sellers do not 'compete'

    d) prices are not 'predictable' over time in terms of Gaussian log-normality.

    e) prices over time are not 'algorithmic'.

     

    For Austrian School theory to hold, all six concepts under quotes must hold as true. 

    yet none are: 

     

    a) heuristic behavior governs economic transactions. 

    B) markets, according to stiglitz, are informationally skewed towards the seller.

    c) In order for markets to survive the von Neuman scenario  of ultimate collapse, the Nash principle of shared negotiation must intervene.

    d)prices follow Cauchy at best, Levi at worse. there is no bell-curve of 'averages'.

    e) Prices cannot be predicted by anything more informative than Euler, or the 'drunkard's walk'

     

    'Small wonder, then, that the Austrians reject math!

     

    So now back to your point of knowledge and power: What we now can understand of individual-driven' 'free markets is that they're  guaranteed to spin out of control. So if it's worth it, anyway, for the sake of a particular philosophy that values individual freedom to this extent, then fine, that's a choice. 

     

    Mine is to have markets under strict supervision. Barring this, the future would indicate a return to the abolition of markets altogether, in favor of state command entities. For example, this is exactly what's happening in Russia today, vis a vis their own disastrous experience with 'free enterprise'.

     

    BH

  18. We are born with a capacity to love; the object of love is given by socially acquired values. That's why Soctates defined love as pena kai pora: need and means of acquisition. 

     

    Yes, in a sense what we choose to see is as important as what we choose to love. Both, together, make for selfhood, or the univocality of being, per Duns Scotus.

     

    The crisis point of achieving a state of dissatisfaction of either love or vision was called 'delirium' by Kantin The 3rd Critique.

     

    Deleuze, my philosophical object of affection, called it 'Bodies without organs'--becoming dis-organized from within, so to speak...

     

    BH

  19. My take on 'Thinking, fast and slow' is that Kahneman wanted to make us aware of the pitfalls of 'shooting from the hip', 'go with the first thing' mentality that's propagated by so many amateur psychobabblers today.

     

    As for the volitional aspect of economics, Keynes was the first, around 1920, to discuss probabalism. Prior, you had the general assumption of Say's Law which assumed a demand relative to supply. To this end, Keynes re-worked Marshall's 'S/D' formalism. 

     

    In other words, it's one thing to say that you'll produce x quantity of widgets to soak up widget demand, quite another to say that you know what the demand for widgets really is. hence, 'risk'....

     

    To loop back to Kahneman, part of his work is to have defined a certain set of risk takers, the rest of us being somewhat risk avoiders. 

     

    BH

  20. Aristotle and Hume, among others, wrote that emotive behavior is to a great extent learned. In other words, our society teaches us love, fear, and anger along with language. So from this pov alone, it's rather obvious that the ability to write poetry employs both systems.

     

    Of course, the emotive physical capacity is as much a part of us as our learning areas, the cerebral cortex.

    To this extent, basic neurosci amply demonstrates the huge number of connections between the two systems, even to the extent that many in the field choose to see one discreetly 'real' system.

     

    BH

  21. Therefore, introspectively speaking, the entire Chicago School of Economics had always been speaking nonsense.

     

    This, btw, actually was my view as a twenty year old student in Paris. Taking it from my hosts, only an American could believe such nonsense as 'Rational Expectations". Mere ideology

     

    So when Kahneman's heuristic articles began to appear, I refused to translate them, saying, 'Why bother, everyone knows this anyway, intuitively speaking!"

     

    Then, when he won the Nobel in Economics, I chortled in glee: "See, those dumbass vikings have just figured out what I knew thirty years ago"!

     

    BH

  22. Who should hold that person accountable?  And what exactly does that mean?  Should Society hold him accountable? 

     

    The bigger point is why should you care what some nameless person at a "meet up" said about anything?  Or even what Rand said?  I personally think that many of the Fauvist paintings of Matisse, Derain, et al. are masterpieces, and that technically Picasso was unparalleled as an artist, but that some of his subjects were a little self-indulgent.  If someone from this blog disagrees with me, well, what do I care?

     

    Below is added as an edit:

     

    Your "Rand presupposes the 'right' " statement is every bit as dogmatic as whatever the person at the "meet up" in Atlanta said.  But you each have the 'right' to make them.

    You're saying that I'm being dogmatic against dogmatism. 

     

    Furthermore, that i'm somehow wrong in calling out those who indulge in psychobabble.

     

    So, okay, I admit--i have a 'critical attitude'!

     

    Now let's move on....so do you think that psycho-analysis at a distance is appropriate?

     

    Of course, the owner of the Atlanta Rand Meetup site only speaks for himself...or does he?

     

    My readings on Rand's views of Modernism versus her own 'Romantic Realism are very clear in her abject hatred of the former.

     

    As to whether she indulged in abusivs psychologisms is a matter for Google to decide...

     

    BH

  23.  There is no such thing as "Randian Economics". Rand only outlined her ideas, and never argued that her opinions on the special sciences were part of her philosophy. There is no Randian psychology, economics, or anything else. There are Objectivists who work in those fields but those ideas are their own and aren't part of Objectivism. 

     

     

    I think most of us would agree with you there. 

    Yes, there is no Randian Economics.

     

    My point, however, is a bit larger: since Economics focuses on group behavior vis a vis creation and exchange of goods and services, Rand's only hope of making viable economic statements would be to reduce all such to the level of an individual.

     

    One would have to furthermore assess the interactions from the ethical perspective on said individual--that of rational selfishness. In other words, what is good for me would be good for the society as a whole because, after all, Economics assumes the most efficient process of clearing and allocating all goods and services.

     

    Yet as cited by the narrator, such concerns are of no interest to Objectivism. Moreover, its metaphysical stance precludes any discussion of not only collective good, but also of collective behavior. In other words,all social science is out of bounds.

     

    BH

×
×
  • Create New...