Beta / Alpha
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Friday, May 23, 2014
Tuesday, May 20, 2014
Monday, May 19, 2014
Saturday, May 17, 2014
Fw: [Mw MAIN Street ] Fw: Farnam Street: The Divided Brain and the Making of the Western World
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From: Blogger <no-reply@blogger.com>
Date: Sat, 17 May 2014 12:18:11 +0000
To: <mainandwall@gmail.com>
Subject: [Mw MAIN Street ] Fw: Farnam Street: The Divided Brain and the Making of the Western World
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From: Farnam Street <newsletter@farnamstreetblog.com>
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Date: Sat, 17 May 2014 10:32:50 +0000
To: <mainandwall@aol.com>
Subject: Farnam Street: The Divided Brain and the Making of the Western World
Farnam Street: The Divided Brain and the Making of the Western World |  |
| The Divided Brain and the Making of the Western World Posted: 16 May 2014 05:00 AM PDT  “The defining features of the human condition can all be traced to our ability to stand back from the world, from our selves and from the immediacy of experience. This enables us to plan, to think flexibly and inventively, and, in brief, to take control of the world around us rather than simply respond to it passively. This distance, this ability to rise above the world in which we live, has been made possible by the evolution of the frontal lobes.” For centuries we’ve wondered about the left hemisphere and right hemisphere divide. The “left hemisphere is detail oriented, prefers mechanisms to living things, and is inclined to self-interest, where the right hemisphere has greater breadth, flexibility, and generosity.” This division, psychiatrist Iain McGilchrist explains in The Master and His Emissary: The Divided Brain and the Making of the Western World, “helps explain the origins of music and language, and casts new light on the history of philosophy, as well as on some mental illnesses.” “My thesis,” McGilchrist writes, “is that for us as human beings there are two fundamentally opposed realities:”
These two hemispheres “coexist together on a daily basis, but have fundamentally different sets of values, and therefore priorities, which means that over the long term they are likely to come into conflict. Although each is crucially important, and delivers valuable aspects of the human condition, and though each needs the other for different purposes, they seem destined to pull apart.” Both of these hemispheres are “hugely valuable,” but they stand in opposition to one another and “need to be kept apart—hence the bihemispheric structure of the brain.” McGilchrist explores the differences between our two hemispheres and argues that modern society, and its formal structures, favors the left brain:
Yet we require both sides of our brain … (much like our Apollonian desire for control and order balances our natural Dionysian wildness).
Below is a fascinating video from RS Animate of McGilchrist explaining how our ‘divided brain’ has profoundly altered human behaviour, culture and society. Still curious? Read The Master and His Emissary. —  |
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Posted By Blogger to Mw MAIN Street at 5/17/2014 05:18:00 AM
Fw: Farnam Street: The Divided Brain and the Making of the Western World
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From: Farnam Street <newsletter@farnamstreetblog.com>
Sender: noreply+feedproxy@google.com
Date: Sat, 17 May 2014 10:32:50 +0000
To: <mainandwall@aol.com>
Subject: Farnam Street: The Divided Brain and the Making of the Western World
Farnam Street: The Divided Brain and the Making of the Western World | |
| The Divided Brain and the Making of the Western World Posted: 16 May 2014 05:00 AM PDT “The defining features of the human condition can all be traced to our ability to stand back from the world, from our selves and from the immediacy of experience. This enables us to plan, to think flexibly and inventively, and, in brief, to take control of the world around us rather than simply respond to it passively. This distance, this ability to rise above the world in which we live, has been made possible by the evolution of the frontal lobes.” For centuries we’ve wondered about the left hemisphere and right hemisphere divide. The “left hemisphere is detail oriented, prefers mechanisms to living things, and is inclined to self-interest, where the right hemisphere has greater breadth, flexibility, and generosity.” This division, psychiatrist Iain McGilchrist explains in The Master and His Emissary: The Divided Brain and the Making of the Western World, “helps explain the origins of music and language, and casts new light on the history of philosophy, as well as on some mental illnesses.” “My thesis,” McGilchrist writes, “is that for us as human beings there are two fundamentally opposed realities:”
These two hemispheres “coexist together on a daily basis, but have fundamentally different sets of values, and therefore priorities, which means that over the long term they are likely to come into conflict. Although each is crucially important, and delivers valuable aspects of the human condition, and though each needs the other for different purposes, they seem destined to pull apart.” Both of these hemispheres are “hugely valuable,” but they stand in opposition to one another and “need to be kept apart—hence the bihemispheric structure of the brain.” McGilchrist explores the differences between our two hemispheres and argues that modern society, and its formal structures, favors the left brain:
Yet we require both sides of our brain … (much like our Apollonian desire for control and order balances our natural Dionysian wildness).
Below is a fascinating video from RS Animate of McGilchrist explaining how our ‘divided brain’ has profoundly altered human behaviour, culture and society. Still curious? Read The Master and His Emissary. — |
| You are subscribed to email updates from Farnam Street To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
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Friday, May 16, 2014
Re: purpose
Purpose to 1) give it a name 2) create community who can Advance discussion and improve
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Fw: Thoughts from the Frontline - Special Updates from the Strategic Investment Conference: Day 2
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From: Mauldin Economics <wave@frontlinethoughts.com>
Date: Fri, 16 May 2014 20:00:49 -0400
To: <mainandwall@gmail.com>
ReplyTo: subscribers@mauldineconomics.com
Subject: Thoughts from the Frontline - Special Updates from the Strategic Investment Conference: Day 2
 | |
Special Updates from the Strategic Investment Conference: Day 2 By John Mauldin | May 16, 2014 By Worth Wray Hello again from the Strategic Investment Conference in San Diego, California! John Mauldin took the stage on day 2 with a powerful message: while the human brain struggles to anticipate exponential change, our economic future quite literally depends on a race between two accelerating curves – debt and innovation. Just as exponential growth in government debt starts to destabilize the global economy – with enormous and growing risks to growth and productivity in Japan, the United States, Europe, China, and even many of the emerging markets – John believes the constant doubling of computing power since the late 1950s has brought us to the point where our technological capabilities are taking exponentially larger leaps every year. That constantly accelerating computing power is enabling innovation so profound and disruptive that it looks and feels like magic. The question John asks is, “Can the private sector innovate and create wealth faster than governments and central banks can destroy it?” We are optimistic that the human race will continue its march forward in the coming decades, but bad policy can stifle innovation and hurt us economically. Ultimately, John’s question will need to be answered on a country-by-country basis… and the distinguished speakers who followed John today gave us a lot of additional food for thought as we contemplate the path ahead. Former Speaker of the US House of Representatives Newt Gingrich asserted that the pioneers of the future (the dreamers, innovators, and entrepreneurs) will eventually break out past the prison guards of the past (irresponsible and overprotective governments, central bankers, and special interests). Ultimately the rising tide of productivity growth will allow our economic future to transcend past experience, but those gains will be unevenly distributed during the transition – continuing to fuel a political shift from right to left. We heard a similar view from former President Reagan’s most-quoted living author, George Gilder, who argued that the study of economics must evolve and embrace the lessons of information theory, as he outlined in his 2013 book Knowledge and Power: The Information Theory of Capitalism and How It is Revolutionizing Our World. Mr. Gilder draws a brilliant insight from the way information like phone conversations, emails, and video is transmitted. The electromagnetic spectrum, he argues, is a completely predictable carrier, governed by speed of light. The information it carries, on the other hand, is highly unpredictable. It takes a low-entropy, no-surprises carrier to reliably transmit high-entropy, surprising content. If the carrier itself were to introduce a lot of noise into the signal, our communications would be a jumble. These ideas from the fields of physics and information theory have extremely important implications for public policy in an age of accelerating technological transformation. In order for innovation to thrive, productivity to surge, and living standards to dramatically rise over the coming decades, we need “low-entropy" legal, regulatory, tax, and monetary policy, and stable institutions to implement it. Too much noisy interference from governments and central banks that distorts market incentives and increases the hassles of doing business can stifle innovation and discourage entrepreneurship. That’s why it is so critical for governments around the world to understand the technological transformation in progress and to actively pursue the reforms their economies will desperately need to participate in the new global economy. That’s a worrying dynamic if we pay attention to the Heritage Foundation’s Stephen Moore, who harps on the distortions in public policy, or if we consider Hoisington Management’s Dr. Lacy Hunt, who explained to us today that, in aggregate and contrary to popular belief, total debt-to-GDP across the world’s major economies has INCREASED by nearly 35% in the years since 2008. And even more importantly, the new debt has been taken on disproportionately by the real problem economies: Japan, the Eurozone, and China. With a powerful grasp of an enormous body of academic research (and armed with some hard-hitting discoveries of his own), Dr. Hunt warns that debt deflation – not inflation – is the biggest near-term risk. While inflationists like to chant Milton Friedman’s famous mantra “Inflation is always and everywhere a monetary phenomenon,” Lacy pulled back the curtain on Friedman’s lesser-known research and explained that the famous characterization of inflation ultimately depends on stable or rising monetary velocity… sans sufficient monetary velocity, inflation does not materialize. I really need to think through Dr. Hunt’s research to a greater extent and plan to spend a lot of time reviewing the conference recordings in the coming weeks. (You can do so, too, by ordering the SIC MP3/CD Audio Set at our discounted pre-event price. It’s available here.) Dylan Grice largely concurred with Dr. Hunt. In his thoughtful outlook for a breakdown in international monetary cooperation, instigated by Japan’s dangerous move toward tit-for-tat central banking, Dylan warned that the world’s central banks are drifting into a dangerous prisoner’s dilemma. In one of those wonderful moments that happen only at a conference of this quality, Dylan mentioned in conversation later in the day that a Minsky-like inflationary moment can absolutely happen if velocity (rather than interest rates) skyrockets. Paul McCulley had already claimed, in his lunchtime address, that major governments with control over their own printing presses do not have Minsky Moments, but he later had to concede that Dylan could be right in the event of a major policy error. In the coming weeks, John and I are going to rest up a bit, then revisit the conference, dig into the research, reorganize and expand on our thoughts, and bring you some provocative new ideas. Once again it is time to hit the send button. Ian Bremmer is walking us through his geopolitical outlook at the moment, and the crowd is hanging on every word. I don’t want to miss it! Have a great day, and I’ll send you another recap tomorrow. Do you enjoy reading Thoughts From the Frontline each week? If you find it useful and valuable, your friends, family, and business associates will probably enjoy it too. Now you can send Thoughts From the Frontline to anyone. It’s fast, it’s free, and we will never “spam” your friends and family with unwanted emails. Copyright 2014 John Mauldin. All Rights Reserved. | |
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The Mauldin Circle may send out material that is provided on a confidential basis, and subscribers to the Mauldin Circle are not to send this letter to anyone other than their professional investment counselors. Investors should discuss any investment with their personal investment counsel. John Mauldin is the President of Millennium Wave Advisors, LLC (MWA), which is an investment advisory firm registered with multiple states. John Mauldin is a registered representative of Millennium Wave Securities, LLC, (MWS), an FINRA registered broker-dealer. MWS is also a Commodity Pool Operator (CPO) and a Commodity Trading Advisor (CTA) registered with the CFTC, as wel l as an Introducing Broker (IB). Millennium Wave Investments is a dba of MWA LLC and MWS LLC. 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Alternative investment performance can be volatile. An investor could lose all or a substantial amount of his or her investment. Often, alternative investment fund and account managers have t otal trading authority over their funds or accounts; the use of a single advisor applying generally similar trading programs could mean lack of diversification and, consequently, higher risk. There is often no secondary market for an investor's interest in alternative investments, and none is expected to develop. All material presented herein is believed to be reliable but we cannot attest to its accuracy. Opinions expressed in these reports may change without prior notice. John Mauldin and/or the staffs may or may not have investments in any funds cited above as well as economic interest. John Mauldin can be reached at 800-829-7273. | |
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Re: Modular-Finance
Replaces rational Expectations with behavioral finance - and Keynesian Economics wth Complexity Economics - then rebuilds models and algos accordingly,,,
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Adapt Or Die: Your Business's Only Options In An Evolving Economy http://t.co/aFzTYckCFx by @Faisal_Hoque via @FastCompany
— Bob Sefcik (@TheModularWorld) May 16, 2014
U Compete - U Adapt - U Evolve
Adapt Or Die: Your Business's Only Options In An Evolving Economy http://t.co/aFzTYckCFx by @Faisal_Hoque via @FastCompany
— Bob Sefcik (@TheModularWorld) May 16, 2014
RE: The ModularWorld
A Blog about Capitalism. In the 21st Century..
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Sent from my Verizon Wireless BlackBerry
Thursday, May 15, 2014
Understanding The Flaws in MPT
Everyone Is Wrong http://t.co/NPSPtDIArM via @sharethis
— Bob Sefcik (@TheModularWorld) May 16, 2014
Modular-Finance in Motion
The Modern Portfolio Theory Flat Earth Society http://t.co/bMMuicqfk7 via @iimag
— Bob Sefcik (@TheModularWorld) May 16, 2014
Wednesday, May 14, 2014
Re: climbing
Going down the mountain is easy - the hard part is climbing up it.
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Fw: A Common Meditation for All Souls--Wednesday, May 14, 2014
Modular-Finance in Motion - look deep into nature and then you will. Understand everything better -to understand how the world works you. Need to understand Finance...
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From: "Rev. Galen Guengerich" <webmaster@allsoulsnyc.org>
Date: Wed, 14 May 2014 01:01:31 -0700
To: Bob Sefcik<mainandwall@gmail.com>
ReplyTo: <webmaster@allsoulsnyc.org>
Subject: A Common Meditation for All Souls--Wednesday, May 14, 2014
Wednesday
How wonderfully moral our whole life! There is never an instant's truce between virtue and vice. Goodness is the only investment that never fails… Though youth at last grows indifferent, the laws of the universe are not indifferent; they are still and forever on the side of the most tender and sensitive.
(Henry David Thoreau, 1817 – 1862)
This is the day we are given;
Let us rejoice and be glad in it.
The instructions for this meditation practice can be found anytime here.
If you received this meditation from a friend or family member,
and would like to subscribe, click here.
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Tuesday, May 13, 2014
Fw: Stock Market Update PageAlert
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From: "Briefing.com" <update@briefing.com>
Date: Tue, 13 May 2014 11:31:23 -0400
To: <mainandwall@hotmail.com>
Subject: Stock Market Update PageAlert
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