precautionary principle

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pages: 417 words: 109,367

The End of Doom: Environmental Renewal in the Twenty-First Century by Ronald Bailey

3D printing, additive manufacturing, agricultural Revolution, Albert Einstein, Anthropocene, Asilomar, autonomous vehicles, biodiversity loss, business cycle, carbon tax, Cass Sunstein, Climatic Research Unit, commodity super cycle, conceptual framework, corporate governance, creative destruction, credit crunch, David Attenborough, decarbonisation, dematerialisation, demographic transition, disinformation, disruptive innovation, diversified portfolio, double helix, energy security, failed state, financial independence, Ford Model T, Garrett Hardin, Gary Taubes, Great Leap Forward, hydraulic fracturing, income inequality, Induced demand, Intergovernmental Panel on Climate Change (IPCC), invisible hand, knowledge economy, meta-analysis, Naomi Klein, negative emissions, Neolithic agricultural revolution, ocean acidification, oil shale / tar sands, oil shock, pattern recognition, peak oil, Peter Calthorpe, phenotype, planetary scale, precautionary principle, price stability, profit motive, purchasing power parity, race to the bottom, RAND corporation, Recombinant DNA, rent-seeking, rewilding, Stewart Brand, synthetic biology, systematic bias, Tesla Model S, trade liberalization, Tragedy of the Commons, two and twenty, University of East Anglia, uranium enrichment, women in the workforce, yield curve

Now modern environmentalist elites would similarly restrict access to technologies that they find too dangerous and socially disruptive. The precautionary principle empowers a self-selected elite of the timorous to obstruct progress for the majority. In a sense, the precautionary principle is a return to the era when clerics and nobles (environmentalist ideologues and bureaucrats today) had the power to halt innovations on the grounds that they were bad for the common folk. The precautionary principle is the opposite of the scientific process of trial and error that is the modern engine of knowledge and prosperity. The precautionary principle impossibly demands trials without errors, successes without failures.

Consequently, implementing the strong version of the principle will instead make us “more sorry than safe,” as Case Western Reserve University law professor Jonathan Adler has cogently argued. Why? The central issue is that proponents of the precautionary principle tend to focus on hypothetical dangers while generally failing to consider fully the power of new technologies to reduce risk. The closest thing to a canonical version of the precautionary principle was devised by a group of thirty-two leading environmental activists meeting in 1998 at the Wingspread Center in Wisconsin. The Wingspread Consensus Statement on the Precautionary Principle reads: When an activity raises threats of harm to human health or the environment, precautionary measures should be taken even if some cause and effect relationships are not fully established scientifically.

The commission concluded that with respect to the benefits and harms of synthetic biology, the current regulatory system is robust enough to protect people and the environment. Nanotechnology is also being targeted by proponents of the precautionary principle. Nanotechnology basically encompasses a suite of new technologies involving the use of materials at scales measuring in billionths of an inch, including tools like 3-D printing and carbon nanotubes. When it comes to regulating nanotechnology, Georgia Miller from Friends of the Earth asks, “Who is afraid of the precautionary principle?” She argues for “a more comprehensive application of the precautionary principle [that] would see nanotechnology’s broader socio-economic and political implications considered and assessed alongside its toxicity risks.”


pages: 289 words: 95,046

Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis by Scott Patterson

"World Economic Forum" Davos, 2021 United States Capitol attack, 4chan, Alan Greenspan, Albert Einstein, asset allocation, backtesting, Bear Stearns, beat the dealer, behavioural economics, Benoit Mandelbrot, Bernie Madoff, Bernie Sanders, bitcoin, Bitcoin "FTX", Black Lives Matter, Black Monday: stock market crash in 1987, Black Swan, Black Swan Protection Protocol, Black-Scholes formula, blockchain, Bob Litterman, Boris Johnson, Brownian motion, butterfly effect, carbon footprint, carbon tax, Carl Icahn, centre right, clean tech, clean water, collapse of Lehman Brothers, Colonization of Mars, commodity super cycle, complexity theory, contact tracing, coronavirus, correlation does not imply causation, COVID-19, Credit Default Swap, cryptocurrency, Daniel Kahneman / Amos Tversky, decarbonisation, disinformation, diversification, Donald Trump, Doomsday Clock, Edward Lloyd's coffeehouse, effective altruism, Elliott wave, Elon Musk, energy transition, Eugene Fama: efficient market hypothesis, Extinction Rebellion, fear index, financial engineering, fixed income, Flash crash, Gail Bradbrook, George Floyd, global pandemic, global supply chain, Gordon Gekko, Greenspan put, Greta Thunberg, hindsight bias, index fund, interest rate derivative, Intergovernmental Panel on Climate Change (IPCC), Jeff Bezos, Jeffrey Epstein, Joan Didion, John von Neumann, junk bonds, Just-in-time delivery, lockdown, Long Term Capital Management, Louis Bachelier, mandelbrot fractal, Mark Spitznagel, Mark Zuckerberg, market fundamentalism, mass immigration, megacity, Mikhail Gorbachev, Mohammed Bouazizi, money market fund, moral hazard, Murray Gell-Mann, Nick Bostrom, off-the-grid, panic early, Pershing Square Capital Management, Peter Singer: altruism, Ponzi scheme, power law, precautionary principle, prediction markets, proprietary trading, public intellectual, QAnon, quantitative easing, quantitative hedge fund, quantitative trading / quantitative finance, Ralph Nader, Ralph Nelson Elliott, random walk, Renaissance Technologies, rewilding, Richard Thaler, risk/return, road to serfdom, Ronald Reagan, Ronald Reagan: Tear down this wall, Rory Sutherland, Rupert Read, Sam Bankman-Fried, Silicon Valley, six sigma, smart contracts, social distancing, sovereign wealth fund, statistical arbitrage, statistical model, stem cell, Stephen Hawking, Steve Jobs, Steven Pinker, Stewart Brand, systematic trading, tail risk, technoutopianism, The Chicago School, The Great Moderation, the scientific method, too big to fail, transaction costs, University of East Anglia, value at risk, Vanguard fund, We are as Gods, Whole Earth Catalog

Reading voraciously on the topic, he stumbled across a 2001 report by the EU’s European Environment Agency called “Late Lessons from Early Warnings: The Precautionary Principle 1896−2000.” The report examined a selection of environmental, medical, and chemical controversies, ranging from nineteenth-century British fisheries to radioactivity to asbestos, and how the precautionary principle could be applied to them (global warming is barely mentioned, a follow-up in 2013 would address it). Read began studying the long and tangled history of the precautionary principle and became convinced it provided a template for taking on the growing threat of global warming and other looming risks and catastrophes.

The first paper he coauthored there was “The Precautionary Principle.” It went through multiple drafts circulated between Taleb, Read, Norman, and Bar-Yam. They finally completed the paper in the fall. On October 17, 2014, at 12:30 p.m., Taleb hit a button on his computer and published “The Precautionary Principle (with Application to the Genetic Modification of Organisms)” on Cornell University’s arXiv.org. With the push of that button, Taleb had taken a leap into one of the hottest public firestorms of his life. CHAPTER 18 RUIN IS FOREVER Abstract—The precautionary principle (PP) states that if an action or policy has a suspected risk of causing severe harm to the public domain (affecting general health or the environment globally), the action should not be taken in the absence of scientific near-certainty about its safety.

In other words, it was a ruin problem. It was just such problems that prompted Taleb, Bar-Yam, Norman, and another collaborator, the English philosopher and climate activist Rupert Read, in 2014, to write “The Precautionary Principle,” a preview of the January 2020 note that recommended dramatic, immediate action to stop the spread of Covid-19 despite overwhelming uncertainty about its properties. The precautionary principle itself is designed to guide actions and policies in the realms of uncertainty and risk “in cases where the absence of evidence and the incompleteness of scientific knowledge carries profound implications and in the presence of risks of ‘Black Swans,’ unforeseen and unforeseeable events of extreme consequence,” Taleb and his coauthors wrote in the 2014 paper.


pages: 426 words: 118,913

Green Philosophy: How to Think Seriously About the Planet by Roger Scruton

An Inconvenient Truth, barriers to entry, carbon credits, carbon footprint, carbon tax, Cass Sunstein, Climategate, Climatic Research Unit, corporate social responsibility, demand response, Easter island, edge city, endowment effect, energy security, Exxon Valdez, failed state, food miles, garden city movement, Garrett Hardin, ghettoisation, happiness index / gross national happiness, Herbert Marcuse, hobby farmer, Howard Zinn, income inequality, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jane Jacobs, joint-stock company, joint-stock limited liability company, Kenneth Arrow, knowledge economy, Lewis Mumford, market friction, Martin Wolf, moral hazard, Naomi Klein, New Urbanism, Peter Singer: altruism, phenotype, precautionary principle, rent-seeking, Robert Solow, Ronald Coase, Sam Peltzman, Silicon Valley, Simon Kuznets, tacit knowledge, the built environment, The Death and Life of Great American Cities, the market place, Thomas Malthus, Tragedy of the Commons, transaction costs, University of East Anglia, urban planning, urban sprawl, Vilfredo Pareto, women in the workforce, zero-sum game

North, The Mad Officials, London, 1994. 121 The best source is Simon Fairlie’s website, www.tlio.org.uk, and his book, Low Impact Development cited in n.96, p. 80. 122 Wingspread Statement on the Precautionary Principle, drafted and finalized at a conference at the Wingspread Conference Center, Racine, Wisconsin, 23–25 January 1998, www.gdrc.org/u-gov/precaution-3.html. 123 Commission of the European Communities, ‘Communication from the Commission on the Precautionary Principle’, Brussels, 2.2.2000, COM (2000) 1 final. 124 ECJ, 9 September 2003, reported in Official Journal of the European Union, C 264, 01.11.2003, p. 10. 125 See also, for further illustrations, Gary E. Marchant and Kenneth L. Mossman, Arbitrary and Capricious: The Precautionary Principle in the European Courts, Washington DC, 2004. 126 See Bill Durodié, ‘Plastic Panics: European Risk Regulation in the Aftermath of BSE’, in Julian Morris, ed., Rethinking Risk and the Precautionary Principle, Oxford, 2000. 127 The story is related of Franklin D.

This Principle probably began life in pre-war Germany, and was invoked later in the sixties as the blanket justification for state planning. Reissued in the seventies under the name of the Precautionary Principle, it is now being advocated at every level of European politics as a guide to regulation, legislation and the use of scientific research. Addressing the Royal Society in 2002, British prime minister Tony Blair told the assembled body of distinguished scientists that ‘responsible science and responsible policy-making operate on the Precautionary Principle’. Yet nobody seems to know what the Principle says. Does it tell us to take no risks? Then surely it is merely irrational, since everything we do has a risk attached.

And the reference to a ‘high level of protection chosen for the Community’ naturally leads to the question ‘chosen by whom?’ The statement is in fact a licence to forbid any activity that a bureaucrat judges, on whatever grounds, to have a possible cost attached to it. Although there is little or no agreement as to what the Precautionary Principle says, it has now become a doctrine of European law. A recent decision of the European Court of Justice, having invoked the Precautionary Principle, concluded that the government of Italy is justified in preventing the sale of genetically modified food on the basis that ‘no human technology should be used until it is proven harmless to humans and the environment’.124 Taken literally that would forbid every innovation in food technology that we have recently witnessed.


pages: 105 words: 18,832

The Collapse of Western Civilization: A View From the Future by Naomi Oreskes, Erik M. Conway

Anthropocene, anti-communist, correlation does not imply causation, creative destruction, en.wikipedia.org, energy transition, Great Leap Forward, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Kim Stanley Robinson, laissez-faire capitalism, Lewis Mumford, market fundamentalism, mass immigration, means of production, military-industrial complex, oil shale / tar sands, Pierre-Simon Laplace, precautionary principle, road to serfdom, Ronald Reagan, stochastic process, the built environment, the market place

Social scientists introduced the concept of “late lessons from early warnings” to describe a growing tendency to neglect information. As a remedy, they promoted a precautionary principle, whereby early action would prevent later damage. The precautionary principle was a formal instantiation of what had previously been thought of as common sense, reflected in the nineteenth-century European and American adages, “A stitch the precautionary principle in time saves nine” and “An was a formal instantiation ounce of prevention is worth of what had previously been a pound of cure.” Yet this tra- thought of as common sense, ditional wisdom was swept reflected in the nineteenth- away in neoliberal hostil- century european and ameri- ity toward planning and an can adages, “a stitch in time saves nine” and “an ounce of overconfident belief in the prevention is worth a pound power of markets to respond of cure.”

As we explain in the piece, and in Merchants of Doubt, it provides no defense against many other kinds of error. 8. So what about the “precautionary principle”—the idea you describe in CWC, that we must take early action to prevent later disaster? Critics of this notion argue that the precautionary principle is more of a rhetorical and advocacy tool than a responsible way to explore and develop policy options. Do you think a market-based, neoliberal political and economic regime can act with long-term caution? I N t e r v I e w w I t h t h e A u t h O r s 75 eC: The claim is nonsense. In terms of anthropogenic climate change, the precautionary principle is moot. Precautions are taken in advance of damage, not after it has already begun.

In the twentieth L e x i c o n o f A r c h A i c T e r m s 61 century, the term was sometimes confusingly associated with the nearly opposite stance: that scientific theories are to be believed come hell or high water. Thus, scientists were sometimes accused of being “positivists” for believing in the truth of their theories, when in fact a true positivist would only believe in the truth of the observations (or observation statements) on which those theories were built. precautionary principle “First, do no harm,” a doctrine supposed to descend from the ancient Greek physician Hippocrates. The basis of all policies designed to protect human life and health. sagan effect In 1959, U.S. astronomer Carl Sagan identified the greenhouse effect as the cause of Venus’s hotter-than-molten-lead surface temperature; as anthropogenic global warming took hold in the late 2000s, the term Sagan effect was used to refer to the runaway greenhouse effect on Earth.


pages: 476 words: 132,042

What Technology Wants by Kevin Kelly

Albert Einstein, Alfred Russel Wallace, Apollo 13, Boeing 747, Buckminster Fuller, c2.com, carbon-based life, Cass Sunstein, charter city, classic study, Clayton Christensen, cloud computing, computer vision, cotton gin, Danny Hillis, dematerialisation, demographic transition, digital divide, double entry bookkeeping, Douglas Engelbart, Edward Jenner, en.wikipedia.org, Exxon Valdez, Fairchild Semiconductor, Ford Model T, George Gilder, gravity well, Great Leap Forward, Gregor Mendel, hive mind, Howard Rheingold, interchangeable parts, invention of air conditioning, invention of writing, Isaac Newton, Jaron Lanier, Joan Didion, John Conway, John Markoff, John von Neumann, Kevin Kelly, knowledge economy, Lao Tzu, life extension, Louis Daguerre, Marshall McLuhan, megacity, meta-analysis, new economy, off grid, off-the-grid, out of africa, Paradox of Choice, performance metric, personalized medicine, phenotype, Picturephone, planetary scale, precautionary principle, quantum entanglement, RAND corporation, random walk, Ray Kurzweil, recommendation engine, refrigerator car, rewilding, Richard Florida, Rubik’s Cube, Silicon Valley, silicon-based life, skeuomorphism, Skype, speech recognition, Stephen Hawking, Steve Jobs, Stewart Brand, Stuart Kauffman, technological determinism, Ted Kaczynski, the built environment, the long tail, the scientific method, Thomas Malthus, Vernor Vinge, wealth creators, Whole Earth Catalog, Y2K, yottabyte

Better safe than sorry. Unfortunately, the Precautionary Principle works better in theory than in practice. “The precautionary principle is very, very good for one thing—stopping technological progress,” says philosopher and consultant Max More. Cass R. Sunstein, who devoted a book to debunking the principle, says, “We must challenge the Precautionary Principle not because it leads in bad directions, but because read for all it is worth, it leads in no direction at all.” Every good produces harm somewhere, so by the strict logic of an absolute Precautionary Principle no technologies would be permitted.

Fireproof asbestos is toxic, but most of its substitutes are equally if not more toxic. Furthermore, the removal of asbestos greatly increases its danger compared to the low risk of letting it remain in place in buildings. The Precautionary Principle is oblivious to the notion of substitute risks. In general the Precautionary Principle is biased against anything new. Many established technologies and “natural” processes have unexamined faults as great as those of any new technology. But the Precautionary Principle establishes a drastically elevated threshold for things that are new. In effect it grandfathers in the risks of the old, or the “natural.” A few examples: Crops raised without the shield of pesticides generate more of their own natural pesticides to combat insects, but these indigenous toxins are not subject to the Precautionary Principle because they aren’t “new.”

These immensely powerful inventions have unleashed a level of creativity not seen since the Renaissance, but when (not if) they are abused, their ability to track and anticipate individual behavior will be awful. If a new technology is likely to birth a never-before-seen benefit, it will also likely birth a never-before-seen problem. The obvious remedy for this dilemma is to expect the worst. That’s the result of a commonly used approach to new technologies called the Precautionary Principle. The Precautionary Principle was first crafted at the 1992 Earth Summit as part of the Rio Declaration. In its original form it advised that a “lack of full scientific certainty shall not be used as a reason for postponing cost-effective measures to prevent environmental degradation.” In other words, even if you can’t prove scientifically that harm is happening, this uncertainty should not prevent you from stopping the suspected harm.


pages: 798 words: 240,182

The Transhumanist Reader by Max More, Natasha Vita-More

"World Economic Forum" Davos, 23andMe, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, augmented reality, Bill Joy: nanobots, bioinformatics, brain emulation, Buckminster Fuller, cellular automata, clean water, cloud computing, cognitive bias, cognitive dissonance, combinatorial explosion, Computing Machinery and Intelligence, conceptual framework, Conway's Game of Life, cosmological principle, data acquisition, discovery of DNA, Douglas Engelbart, Drosophila, en.wikipedia.org, endogenous growth, experimental subject, Extropian, fault tolerance, Flynn Effect, Francis Fukuyama: the end of history, Frank Gehry, friendly AI, Future Shock, game design, germ theory of disease, Hans Moravec, hypertext link, impulse control, index fund, John von Neumann, joint-stock company, Kevin Kelly, Law of Accelerating Returns, life extension, lifelogging, Louis Pasteur, Menlo Park, meta-analysis, moral hazard, Network effects, Nick Bostrom, Norbert Wiener, pattern recognition, Pepto Bismol, phenotype, positional goods, power law, precautionary principle, prediction markets, presumed consent, Project Xanadu, public intellectual, radical life extension, Ray Kurzweil, reversible computing, RFID, Ronald Reagan, scientific worldview, silicon-based life, Singularitarianism, social intelligence, stem cell, stochastic process, superintelligent machines, supply-chain management, supply-chain management software, synthetic biology, systems thinking, technological determinism, technological singularity, Ted Nelson, telepresence, telepresence robot, telerobotics, the built environment, The Coming Technological Singularity, the scientific method, The Wisdom of Crowds, transaction costs, Turing machine, Turing test, Upton Sinclair, Vernor Vinge, Von Neumann architecture, VTOL, Whole Earth Review, women in the workforce, zero-sum game

By single-mindedly enforcing the tyranny of safety, this principle can only distract decision-makers from such an examination. Environmental and technological activism that wields the precautionary principle, whether explicitly or implicitly, raises clear threats of harm to human health and wellbeing. If we apply the principle to itself, we arrive at the corollary to the Paradox of the Precautionary Principle: According to the principle, since the principle itself is dangerous, we should take precautionary measures to prevent the use of the precautionary principle. The severity of the precautionary principle’s threat certainly does not imply that we should take no actions to safeguard human health or the environment.

Structural wisdom comes not only from the fact of structuring itself, but also from structuring in a way that relies on the best methods, models, tools, and procedures available. Structural ­wisdom is all about guiding our decision-making by the smartest possible methods. The Proactionary Principle embodies the wisdom of structure. The precautionary principle does not. The Failure of the Precautionary Principle The version of the precautionary principle from the 1988 Wingspread Statement says: When an activity raises threats of harm to the environment or human health, precautionary measures should be taken even if some cause and effect relationships are not fully established scientifically.

Since unaltered nature is implicitly an absolute value in the principle, no tradeoffs are to be allowed. The precautionary principle is all about avoiding possible harm – and human-caused harm, and primarily harm to the ­environment – rather than respecting a wider set of values. This absolutist, univalued approach conflicts with the more balanced approach to risk and harm derived from common law. Common law holds us liable for injuries we cause, with liability increasing along with foreseeable risk. By contrast, the precautionary principle bypasses liability and acts like a preliminary injunction – but without the involvement of a court. By doing this, the precautionary principle denies individuals and communities the freedom to make tradeoffs in the way recognized by common-law approaches to risk and harm.


pages: 422 words: 113,525

Whole Earth Discipline: An Ecopragmatist Manifesto by Stewart Brand

"World Economic Forum" Davos, agricultural Revolution, An Inconvenient Truth, Anthropocene, Asilomar, Asilomar Conference on Recombinant DNA, back-to-the-land, biofilm, borderless world, Buckminster Fuller, business process, carbon credits, carbon tax, Cass Sunstein, clean water, Community Supported Agriculture, conceptual framework, Danny Hillis, dark matter, decarbonisation, demographic dividend, demographic transition, digital divide, Easter island, Elon Musk, Exxon Valdez, failed state, Geoffrey West, Santa Fe Institute, glass ceiling, Google Earth, Hans Rosling, Herbert Marcuse, Herman Kahn, Hernando de Soto, high-speed rail, informal economy, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, invention of the steam engine, Jane Jacobs, jimmy wales, Kevin Kelly, Kibera, land tenure, lateral thinking, Lewis Mumford, low earth orbit, M-Pesa, Marshall McLuhan, megacity, megaproject, microbiome, military-industrial complex, New Urbanism, orbital mechanics / astrodynamics, out of africa, Paul Graham, peak oil, Peter Calthorpe, precautionary principle, Recombinant DNA, rewilding, Richard Florida, Ronald Reagan, Silicon Valley, smart grid, stem cell, Stewart Brand, synthetic biology, The Fortune at the Bottom of the Pyramid, Thomas Malthus, Tragedy of the Commons, University of East Anglia, uranium enrichment, urban renewal, We are as Gods, wealth creators, Whole Earth Catalog, Whole Earth Review, William Langewiesche, working-age population, Y2K

They say it is destroying the balance of nature, with unacceptable risks to human health and natural ecology. They talked a great deal about a rule called the Precautionary Principle. The Precautionary Principle says that if some course of action carries even a remote chance of irreparable damage to the ecology, then you shouldn’t do it, no matter how great the possible advantages of the action may be. You are not allowed to balance costs against benefits when deciding what to do. The Precautionary Principle gives the Europeans a firm philosophical basis for saying no to GM food. In response, the Africans pointed out that the Precautionary Principle can just as well be used as a philosophical basis for saying yes.

As Dyson noted, the precautionary principle, as currently applied, is deliberately one-sided, a rejection of what is called risk balancing. The convener of the Wingspread gathering, Carolyn Raffensperger, is widely quoted as saying, “Risk assessment embodies the idea that we can measure and manage or control risk and harm—and we can decide that some risk is acceptable. The Precautionary Principle is a very different idea that says that as an ethical matter, we are going to prevent all the harm we can.” Net-benefit analysis is ruled out. One consequence of the precautionary principle is that, in practice, it can be self-canceling.

” • The precautionary principle has been so widely recognized as a barrier to progress that, according to England’s Prospect magazine, in 2006, the House of Commons select committee on science and technology recommended that the term “should not be used and should ‘cease to be included in policy guidance.’ ” Various attempts have been made to draft a substitute—the proactive principle (Max More and Kevin Kelly), the precautionary approach (Nuffield Council on Bioethics), the reversibility principle (Jamais Cascio), and the anti-catastrophe principle—that one from an excellent book, Laws of Fear: Beyond the Precautionary Principle (2005), by behavioral economist Cass Sunstein, who now heads Obama’s Office of Information and Regulatory Affairs. I would not replace the precautionary principle. Its name and founding idea are too good to lose. But I would shift its bias away from inaction and toward action with a supplement—the vigilance principle, whose entire text is: “Eternal vigilance is the price of liberty.” The precautionary principle by itself seeks strictly to stop or slow new things, even in the face of urgent need.


pages: 542 words: 132,010

The Science of Fear: How the Culture of Fear Manipulates Your Brain by Daniel Gardner

Atul Gawande, availability heuristic, behavioural economics, Black Swan, Cass Sunstein, citizen journalism, cognitive bias, cognitive dissonance, Columbine, correlation does not imply causation, Daniel Kahneman / Amos Tversky, David Brooks, Doomsday Clock, feminist movement, haute couture, hindsight bias, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), lateral thinking, Linda problem, mandatory minimum, medical residency, Mikhail Gorbachev, millennium bug, moral panic, mutually assured destruction, nuclear winter, Oklahoma City bombing, placebo effect, precautionary principle, public intellectual, Ralph Nader, RAND corporation, Ronald Reagan, social intelligence, Stephen Hawking, Steven Levy, Steven Pinker, the long tail, the scientific method, Timothy McVeigh, Tunguska event, uranium enrichment, Y2K, young professional

And this is only one of more than twenty definitions of the precautionary principle floating about in regulations and laws. Many are quite different and some are contradictory on certain points. As a result, there is a vast and growing academic literature grappling with what exactly “precaution” means and how it should be implemented. Politicians and activists like to talk about the precautionary principle as if it were a simple and sensible direction to err on the side of caution. But there’s nothing simple about it. Nor is it all that sensible. As law professor Cass Sunstein argues in Laws of Fear, the precautionary principle is more a feel-good sentiment than a principle that offers real guidance about regulating risks.

Immediately after 9/11, writes Suskind, Cheney directed that “if there was even a one percent chance of terrorists getting a weapon of mass destruction—and there has been a small probability of such an occurrence for some time—the United States must now act as if it were a certainty.” In effect, if not in name, Cheney was invoking the precautionary principle. This is a contradiction that goes to the heart of the politics of risk. On the left, the precautionary principle is revered. It is enshrined in European Union law. Environmentalists are always talking about it. But the right loathes it. In fact, the Bush administration is openly hostile to the European Union’s attempts to apply the precautionary principle in health and environmental regulations. In May 2003, shortly after the United States had invaded Iraq on better-safe-than-sorry grounds, John Graham, the White House’s top official in charge of vetting regulations, told the New York Times that the Bush administration considers the precautionary principle “to be a mythical concept, perhaps like a unicorn.”

Risks are everywhere, he notes, so we often face a risk in acting and a risk in not acting— and in these situations, the precautionary principle is no help. Consider chlorine. Treat drinking water with it and it creates by-products that have been shown to cause cancer in lab animals in high doses and may increase the cancer risk of people who drink the water. There’s even some epidemiological evidence that suggests the risk is more than hypothetical. So the precautionary principle would suggest we stop putting chlorine in drinking water. But what happens if we do that? “If you take the chlorine out of the drinking water, as was done in South America, you end up with an epidemic of 2,000 cases of cholera,” says Daniel Krewski.


pages: 736 words: 147,021

Safe Food: The Politics of Food Safety by Marion Nestle

Asilomar, biofilm, butterfly effect, clean water, confounding variable, double helix, Fellow of the Royal Society, illegal immigration, out of africa, precautionary principle, Ralph Nader, Recombinant DNA, Ronald Reagan, software patent, Upton Sinclair

Commission of the European Communities. Communication from the Commission on the Precautionary Principle. Brussels, February 2, 2000, at http://portal.unesco.org/shs/en/ev.php-URL_ID=6615&URL_DO=DO_PRINT PAGE&URL_SECTION=201.html. 32. Foster KR, Vecchia P, Repacholi MH. Science and the precautionary principle. Science 2000;288:979–981. Groth E. Science, Precaution and Food Safety: How Can We Do Better? (discussion paper for the US Codex Delegation), February 2000, at www.consumersunion.org/food/codexcpi200.htm. 33. Montague P. The precautionary principle. Rachel’s Environment & Health Weekly, 586, February 19, 1998, at www.seismo.unr.edu/htdocs/academic/ ANDERSON/Papers/Precaution/Montague_PrecautionaryPrinciple.pdf. 34.

Whether or not to invoke the Precautionary Principle is a decision exercised where scientific information is insufficient, inconclusive, or uncertain and where there are indications that the possible effects on the environment or human, animal or plant health may be potentially dangerous and inconsistent with the chosen level of protection. . . . The appropriate response in a given situation is thus the result of a political decision, a function of the risk level that is “acceptable” to the society on which the risk is imposed.31 In practice, invocation of the precautionary principle can be used to require companies to demonstrate that foods are safe before they are marketed.

On the basis of such precautions, the European Union banned American and Canadian beef from cattle treated with growth hormones and delayed introduction of genetically modified crops. Thus, the precautionary principle has implications for international trade as well as domestic food policy and has become a major rallying point for advocates who favor environmental protection or oppose food biotechnology.32 In January 1998, for example, a group of such advocates met in Wingspread, Wisconsin, to formulate what is now known as the Wingspread statement on the precautionary principle: “When an activity raises threats of harm to human health or the environment, precautionary measures should be taken even if some cause and effect relationships are not fully established scientifically.


The Non-Tinfoil Guide to EMFs by Nicolas Pineault

Albert Einstein, en.wikipedia.org, Ignaz Semmelweis: hand washing, Internet of things, off-the-grid, precautionary principle, self-driving car, Silicon Valley, Skype, smart cities, smart grid, smart meter

328 singularityhub.com © 2017 N&G Media Inc. 97 Choice #2: The Precautionary Principle The Precautionary Principle instructs us that in the face of serious threats, a lack of scientific certainty never justifies inaction. - Yes, Martin Blank, PhD, once again. Can’t get enough of this guy.329 Remember when I told you that believing that “Science” has everything figured out is like believing in Santa? The same goes for people who still think that if you can purchase a cell phone, it means it’s inherently safe — because the Government and regulatory agencies have your back, and always rely on the precautionary principle. But as you can already guess, it’s a philosophy that’s in fact very rarely applied in our money-driven society. 98 I would explain what the precautionary principle is to the average Joe on the street using two words: common sense.

But as you can already guess, it’s a philosophy that’s in fact very rarely applied in our money-driven society. 98 I would explain what the precautionary principle is to the average Joe on the street using two words: common sense. Following this principle, even if there were just one study, one warning sign that maybe the EMFs we’re constantly bathing in might be harmful in the long run… we should probably force manufacturers to create safer devices that emit less EMFs, right? Just in case! Of course, you need to give these manufacturers time to change their ways. It’ll likely cost them billions to create safer products, and we don’t want to crash the economy, do we? But still, using the precautionary principle is all about putting human health before profits, and most of all — learning from our past mistakes that clearly show that humanity has this uncanny ability to screw up its environment, and then feel sorry it has to clean up its mess afterwards. 329 Blank, M., PhD. (2015).

Trust me — none of these scientists want to destroy cell phones, ban wifi routers, and go back to the Stone Age. But they all agree that the way we currently do things isn’t right, and that guidelines need to change, like yesterday. These good folks all agree that the precautionary principle should be applied here — which means we need to act now, not in 40 years when EMFs will finally be deemed totally safe, totally unsafe, or somewhere in the middle. Applying the precautionary principle isn’t some kind of flowery utopia invented by barefoot hippies — it’s been applied before in recent history. The most obvious example is the entire Endangered Species Act (ESA) of 1973,339 which “provides for the conservation of species that are endangered or threatened throughout all or a significant portion of their range, and the conservation of the ecosystems on which they depend.”


pages: 331 words: 47,993

Artificial You: AI and the Future of Your Mind by Susan Schneider

artificial general intelligence, brain emulation, deep learning, Elon Musk, Extropian, heat death of the universe, hive mind, life extension, megastructure, Nick Bostrom, pattern recognition, precautionary principle, radical life extension, Ray Kurzweil, Search for Extraterrestrial Intelligence, silicon-based life, Stephen Hawking, superintelligent machines, technological singularity, TED Talk, The Coming Technological Singularity, theory of mind, traumatic brain injury, Turing machine, Turing test, Whole Earth Review, wikimedia commons

For instance, consciousness in one kind of machine may lead to empathy, but in a different kind may lead to volatility. So how should we proceed when IIT or the chip test identifies a marker for synthetic consciousness, or when ACT says an AI is conscious? Should we stop developing those systems lest we cross an ethical line? It depends. Here, I’ll suggest a precautionary approach. THE PRECAUTIONARY PRINCIPLE AND SIX RECOMMENDATIONS Throughout this book, I’ve stressed that using several different indicators for AI consciousness is prudent; in the right circumstances, one or more tests can be used to check the results of another test, indicating deficiencies and avenues for improvement in testing.

THE PRECAUTIONARY PRINCIPLE AND SIX RECOMMENDATIONS Throughout this book, I’ve stressed that using several different indicators for AI consciousness is prudent; in the right circumstances, one or more tests can be used to check the results of another test, indicating deficiencies and avenues for improvement in testing. For instance, perhaps the microchips that pass the chip test are not those that IIT says have a high Φ value; conversely, those chips that IIT predicts will support consciousness may actually fail when used as neural prosthetics in the human brain. The Precautionary Principle is a familiar ethical principle. It says that if there’s a chance of a technology causing catastrophic harm, it is far better to be safe than sorry. Before using a technology that could have a catastrophic impact on society, those wanting to develop that technology must first prove that it will not have this dire impact.

Although the evidence for the causal link between the pump and the spread of cholera was weak, the simple measure effectively halted the spread of cholera.13 Heeding the early warnings of the potential harms of asbestos would have saved many lives, although the science at that time was uncertain. According to a UNESCO/COMEST report, the Precautionary Principle has been a rationale for many treaties and declarations in environmental protection, sustainable development, food safety, and health.14 I’ve emphasized the possible ethical implications of synthetic consciousness, stressing that, at this time, we do not know whether conscious machines will be created and what their impact on society would be.


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The Skeptical Economist: Revealing the Ethics Inside Economics by Jonathan Aldred

airport security, behavioural economics, Berlin Wall, carbon credits, carbon footprint, citizen journalism, clean water, cognitive dissonance, congestion charging, correlation does not imply causation, Diane Coyle, endogenous growth, experimental subject, Fall of the Berlin Wall, first-past-the-post, framing effect, Goodhart's law, GPS: selective availability, greed is good, happiness index / gross national happiness, hedonic treadmill, Intergovernmental Panel on Climate Change (IPCC), invisible hand, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, labour market flexibility, laissez-faire capitalism, libertarian paternalism, longitudinal study, new economy, Paradox of Choice, Pareto efficiency, pension reform, positional goods, precautionary principle, price elasticity of demand, Ralph Waldo Emerson, RAND corporation, risk tolerance, school choice, social discount rate, spectrum auction, Thomas Bayes, trade liberalization, ultimatum game, When a measure becomes a target

There is no space to discuss this framework in depth here, but it is worth a brief look at just one aspect of it, to illustrate how it can provide a real alternative to CBA. A key concept in sustainable development, particularly in discussions of climate change, is the precautionary principle. There are many versions of the precautionary principle in circulation, and its status in European law is confused.54 But the essential ideas are easy to summarize. The strongest case for ‘taking precautions’ arises when (i) there is pure uncertainty about the future; and (ii) at least one possible outcome in the future is catastrophic.

This emphasis reflects the underlying economic theory of rational choice that we met in Chapter 2: it takes both preferences and options as given, and has nothing to say about their origins. In contrast, it is central to the precautionary principle that both are likely to evolve over time, so we take precautions now in order to preserve flexibility for the future. This brief glimpse at the precautionary principle aims just to illustrate that alternatives to CBA already exist. But the focus here has been on a critique of various practices of quantification, because that way of thinking remains overwhelmingly dominant, and exploring it has yielded some important insights.

Land Economics 73: 492-507 Index ability to pay 87 absolute consumption 58-59 accountability 199, 205-206, 230 see also audit culture adaptation 23-24, 25, 237 and increasing happiness 66-67, 98, 140-141 to economic growth 55-57, 61-62 addictive consumption 22-24, 98 advertising brand recognition 16 consumer sovereignty 19-21 increased choice 41 restricting 236-237 affluenza 3, 235-238 altruism see unselfish behaviour animal lives 160 Aristotle 134, 135 audit culture 192-198, 202, 204-205 availability 15-16, 122 babies, markets in 181, 209 Baumol’s cost disease 68-74, 78, 237-238 affordability of personal services 74-77, 191 Baumol, William 68, 75, 76, 77 Bayesianism 164-166, 178, 224-225 Bayes, Thomas 164 Becker, Gary 27, 34 behavioural economics 26, 232-233, 234 belief 13 benefit transfer 157 Bentham, Jeremy 120-121, 130-131, 135 best practice 201, 202 Bewley, Truman 229 biodiversity 160 black box economics 1-2, 4 Blanchard, Oliver 48 Blinder, Alan 232 blood donation 33, 197, 217 body shape and weight 42 brand recognition 16, 21 Breyer, Stephen 156 Broome, John 154 Bush, George W. administration 146, 153, 156 capital investment 168 capital punishment 215-216 Caplan, Bryan 226-227 carbon trading markets 222, 223 cars advertising 20 ownership 42-43, 63 catastrophe, precautionary principle 173 charitable giving 27, 28, 33-34 choice 25-26 costs to consumers 39, 191 economic analysis 12-14, 25-26, 43-44 increasing options 39-43, 182-184, 192 inequalities of 43, 189-190, 209-210 ofjobs 101-102 psychologist analysis 14-19 in public services 184-186, 188-192, 205 rational 11-12, 21, 28, 164-165 see also decision making choice advisers 191 citizen’s income 97 citizens’ juries 214, 215 climate change 2, 21, 146, 147-151, 159, 218 precautionary principle 173 valuing the future 161, 162 commodification 179-181, 206-216 alternatives to CBA 213-216 limits to monetary valuation 216-219 meaning of monetary valuation 207-210 rational decision making 211-213 commuters 56, 57 compensation argument for rates of pay 99-103, 105 competitive consumption 24-25, 57-62, 62-63 congestion 60-61 consumers 11-45 addictive consumption 22-24, 98 choice in public services 182-192 competitive consumption 24-25, 57-62, 62-63 preference satisfaction 37-43 rational choice 11-12 self-interest 26-36 shopping 12-19 sovereignty myth 19-22, 25, 156, 158, 225 consumption future 168 see also consumers context-specific valuation of risk 157-158 contingent valuation surveys 152, 157 contracts 203-204 contribution argument for rates of pay 103-108 coordination problem 63 cost-benefit analysis (CBA) 145-178 alternatives to 173-174, 213-216 best practice 201, 202 climate change 2, 146, 147-151, 159 determining preferences 39 of emotions 30-31 limits to monetary quantification 175-178 valuing the future 161-173 valuing human life 147-148, 151-160, 209 valuing nature 160-161 Coyle, Diane 2 cream-skimming 189-190, 210 cultural differences in perception of happiness 118-120 cultural value 207 Damasio, Antonio 44 decision making 174, 175, 176-177, 211-214 see also cost-benefit analysis (CBA) declining discount rates 169-170 democracy and accountability 199, 206, 230 and CBA 172-173, 176-177, 214 economics as 225, 227-228 valuing life 158-159 see also politics deserving what we earn 99-109 desire 13 Dickens, Charles 138 digital TV 41, 42 diminishing marginal utility 95, 158-159 disappointment 41 discounting 149, 166-173, 176, 178, 226, 234 doctors 2, 70, 91, 106-107 decisions on behalf of patients 186-187 drugs 128 earnings 79-80 differences in 99-109 personal services sector 70-71 see also performance-related pay (PRP); taxation economic growth 47-78, 168, 170 adaptation to 55-57, 61-62 affordability of personal services 74-77 alternative form of 236-238 and consumer sovereignty 21-22 and happiness 48-55, 61-62, 66-68, 141-142 meaning and measurement of 64-66 rivalry 57-62, 62-63 self-help 62-64 and taxation 88, 89 and work 235-236 see also Baumol’s cost disease economic imperialism 180, 222-223, 233 ecosystem services 160-161 education as a positional good 60-61, 190 reflected in pay 100, 105, 106 to enable pursuit of a good life 136, 236 education services 69, 237-238 choices 185-186 goals 202 inequality 189 supply and demand 190 efficiency 4-6, 8, 177 personal services 75, 191 taxation 93, 94, 95-98, 111-112, 237 effort 108 Ellsberg Paradox 164-165 emotions and choosing public services 185 and complex choices 40-41, 42 and monetary incentives 197 and prediction of satisfaction 16 and self-interest 30-31 employment 48, 53, 142, 235-236 Environmental Protection Agency (US) (EPA) 151 ethics 7-9, 224-228, 239 consumers 34-36, 37-38, 44 desert 108 and efficiency 5-6, 112 impartiality across generations 166-167, 171-172 limits to monetary valuation 216-219 monetary value for human life 150, 159-160 personal 138 principled disagreement 201-202 for public policy 133-139, 140-141, 142, 177, 234 view of discount rates 170-171 Experience Machine 127 Experience Sampling Method 123,124 fairness and efficiency 94-98 framing effects 14-15, 16, 18, 197 Frank, Robert 56 Freakonomics 1, 31-32, 34, 233 free trade 5-6 Friedman, Milton 7 future generations, discounting 166-167, 168-169, 171-172 future outcomes discounting 149, 166-173 precautionary principle 173-174 see also probabilities gambling games 164 game theory 222, 233 goals happiness 125, 126, 129-133 monetary incentives 200-201 for public services 199, 201-202 self interest 17, 37 Goodhart’s Law 141, 192, 194, 202, 223-224 governments auditing public services 203-204 consumer sovereignty 30, 38, 186 economic growth 47-48, 49, 68 Greatest Happiness principle 137-138 policy and CBA 150, 154, 157, 160, 172-173, 175, 215-216 policy for maximizing happiness 141-143 rights of ownership 81-82, 84-85 setting priorities 210 trust in 230-231 Greatest Happiness principle 127-133, 136-138 growth paths 65, 66 guilt 27, 28, 30-31 habitat destruction 160 Hahn, Robert 163 happiness 113-143 adaptation to material improvement 55-57 defining 114-116, 120-121, 134 and economic growth 48-55, 61-62, 66-68 maximized through extending choice 183 maximized through pay incentives 109 maximized through taxation 94-98 measurement of 53-54, 116-126, 139-140, 141, 224 philosophy of 126-133 and public ethics 133-139 as public policy 140-143 of service providers 191 happiness economics 50-55, 64, 78, 115, 122 alternative form of economic growth 236-237 and politics 137-138, 141-143 happiness treadmill 23, 24, 55 see also satisfaction treadmill Harrod, Sir Roy 59 Hayeck, Friedrich von 27-28 health insurance (US) 189-190 health services 69, 71-72, 237-238 difficulty in choosing 184-185 inequality in 189-190 productivity improvements 70, 74 see also doctors Heckman, James 188 higher pleasures 130-131, 135-136 Hirsch, Fred 59, 63 holiday entitlements 58, 59 holidays 17 Homo economicus 27, 29-36, 44, 111,178 and behavioural economics 232 determining preferences 39 location in brain 225-226 self-fulfilling assumption 224 service providers 187 and trust 230-231 useful context for 222-223 hours of work 91-92, 105, 108 House of Lords (UK) report on climate change 148, 150 human life discounting 168 monetary value of 21, 147-148, 151-160, 207-208 Quality-Adjusted Life Years 176 Hume, David 129 identity 24-25, 42, 154 ignorance 162 incentive to work 89-92, 104, 109 and tax 109-112 see also audit culture; monetary incentives income adaptation to 23-24 and happiness 52-54 relative 57-58, 59-60, 62 see also earnings; taxation income effect 91, 92 income tax see taxation inconspicuous consumption 59 inefficiency see efficiency inequality acceptability of 79-80 and choice in public services 188-190, 209-210 effect on happiness 54 rates of pay 99-109 information for consumers advertising 19-20 complexity in public services 184-185 inheritance 81, 86, 99 genetic 101, 108 in-kind valuations 213—214 intellectual diversity 229 interest rates 167—168, 169 Intergovernmental Panel on Climate Change (IPCC) 147-148, 158 internet 43 interpersonal utility comparisons 49-50 Israeli day-care centres study 32 Japan, economic growth and happiness 52 Jefferson, Thomas 130 Jevons, William Stanley 49 job centre case workers 188, 202 Kahneman, Daniel 25-26, 124 objective happiness 114, 121, 125, 126 Peak-End evaluations 17, 122, 125 Keynes, John Maynard 6, 177, 235 Kyoto Protocol 146, 148 labour costs see Baumol’s cost disease labour market 5, 72, 142 language 87, 239 and reporting happiness 116-117, 118-119 law-breakers 34-35 Layard, Richard 121, 126, 137 alternative form of economic growth 236-237 Greatest Happiness principle 129-130, 132-133 happiness drugs 128 Le Grand, Julian 184, 186, 187, 188-189, 195-198 libertarianism view of taxation 82, 84, 86 widening choice 183, 205 libertarian paternalism 227-228 life expectancy 54 limited edition products 60 Locke, John 84 lost wallets 27, 28, 30 love 27, 208 luck and responsibility 105-106 marginal tax rates 96-97 market imperfections 218 market prices 33, 107 market rates of pay 99 compensation argument 100-101, 102, 103 contribution argument 103, 104, 106-107 putting a value on human life 147-148, 152-155 mental illness 3, 42, 54 Mill, John Stuart 130-131, 135-136, 183 mobile phone spectrum auctions 222 monetary incentives 30, 31-33, 195-198, 217 public services 200-201 see also performance-related pay (PRP) monetary quantification see commodification; cost benefit analysis (CBA) money corrosive effects of 209 see also monetary incentives mood 121-122, 125 moral convictions 217 motivation intrinsic 33, 195, 197, 200-201 public service staff 186-188, 191-198, 199, 200-201, 206 see also self-interest; status seeking national product 64-65, 70 natural talents 99, 101, 102, 105 nature ownership rights 210 putting a value on 160-161, 208, 213-214 neuroscience 50, 115-116, 117-118, 225-226 news media current perceptions of economics 6-7 doctrine of self-interest 34 silence on Baumol’s cost disease 68-69, 77 Nietzche, Friedrich Wilhelm 119 non-economic impacts 7 non-renewable resources 168 Nozick, Robert 127 Nussbaum, Martha 131 objective happiness 114, 121, 125, 126, 127 objective list theories 134-136 optimal tax theory 95-98 optimization 233 options 13-16 increasing 39-43, 182-184, 192 ownership principle 80-87, 218 pay see earnings; performance-related pay (PRP) Peak-End evaluation 17-18, 122, 125-126 perceived happiness 140 perfect preferences 37-39, 43, 135-136 performance-related pay (PRP) 33, 193-194, 195-198, 200, 237 performative contradiction 231 performative economics 223-224 personal services 69-77, 237-238 Peter the plumber 92-93 pleasure 22-23, 130-131, 134, 135 policy entrepreneurs 1-2 political economics 230-231, 233 political forums 214, 215 politics democracy and CBA 172-173, 177, 215 and happiness economics 137-138, 141-143 poll taxes 93-94 positional goods 59-61, 63, 190, 236, 237 post-tax distribution 85—86, 87, 98 precautionary principle 173—174 preferences 13, 14, 135—136, 225 and advertising 19—20 of future generations 168-169 pure time 166-167, 172 revealed by choices 21, 64 risk 156, 159, 176 satisfaction 37-43 pre-tax economic activity 92-93, 94 pre-tax income 80-84 pricelessness 209, 210 principled disagreement 201-202 priorities audit culture 193, 202 government policy 38, 50, 141,142 private property 80-81 probabilities 150, 154, 155, 161-162, 164-166 productivity 65-66 high earners 96-97 personal services 70-72, 73-74, 75-76 and taxation 88, 89, 90 progressive tax systems 96, 97 psychological well-being (PWB) 134-135 psychology 14-19 see also behavioural economics public opinion 214 public perception of risk 153, 155-156 public service ethos 194, 199-201, 205, 210,219 public services 68, 74-75, 180 affordability 74-77, 237-238 and attitudes to taxation 110-111 audit culture 192-198 complexity and importance 184-185 distinctiveness of 198-206, 216-217 ensuring real choice 188-192 implications of choices for others 185-186 motivation of service providers 186-188, 191-198, 199, 200-201, 206 trust 203-206 widening choice 182-184 see also Baumol’s cost disease pure time preference 166-167, 172 qualitative factors 163 Quality-Adjusted Life Years 174 quality of life 3, 236 measurement of 49-50, 50-55 and public ethics 135-139 quantifying the unquantifiable 162-166 targets 193 Ramsey, Frank 167 rational choice 11-12, 21, 28, 164-165 see also decision making Rawls, John 99, 101, 102 redistribution 86, 88, 92-94 maximization of happiness 95-98 Rees, Bill 232 regret 41, 42 relationships, putting a value on 208 relative consumption 58-59, 61 relative income 57-58, 59-60, 62 research objectives and methods 228-230 responsibility 41, 100, 105 rights 82, 83, 181, 210, 218 rigour in research methods 229 risk monetary value of 21, 151-158, 178, 211 versus uncertainty 161-166 rivalry 24-25, 57-62, 62-63, 237 and increasing happiness 66-67, 98 sacrifice 196 satisfaction treadmill 125, 126, 140 see also happiness treadmill scarcity 59-61, 106-107 science and economics 1, 8, 50, 224, 225,227, 228-230 Greatest Happiness principle 131-133 see also neuroscience self-control 18-19 self-help 62-64 self-interest 12, 13, 17-19, 26-36 and consumer sovereignty 21-22 politicians and economists 230-231 public service providers 187, 188 self-fulfilling assumptions of 31-34, 223 self-reported happiness see surveys, happiness Sen, Amartya 132, 136, 234 Shaw, George Bernard 208, 210 shopping 11, 12 addiction and compulsion 22-26 economist perspective 12-14 psychologist perspective 14-19 smiley-face sampling 124, 130 smiling 119-120 Smith, Adam 6 smoking 18-19, 132, 135 spare capacity in public services 190 standard of living 48 state benefits 85-86 statistical lives 151-152, 154, 207-208 status anxiety 24-25 status seeking 58-61, 62-63, 236 Stern Review 148-149, 150, 166 substitution effect 91, 92, 96 subtractive method 117 supply and demand in public services 189, 190 rates of pay 100, 101, 105, 106 surveys 214 contingent valuation 152, 157 happiness 53-54, 114-115, 116-117, 118-124, 130, 137 public services users 182 sustainability 171 sustainable development 173 Sutton, Willie 34 targets see audit culture taxation 76, 79-98 cigarettes 132 effect on work 88-92 evasion 35 incentive to work 109-112 ownership principle 80-87 redistribution 86, 88, 92-94 to maximize happiness 94-98, 237-238 teachers 70 team working 193, 194 technical innovation 65, 70, 73-74 theory and self-fulfillment 223-224 Titmuss, Richard 33 trade-offs 13 complex choices 40-41 economic growth 63-64 life 160, 211 taxation 94, 95, 97 The Truman Show 127 trust 203-206, 230-231 TWA Flight 800 163 ultimatum game 29, 33-34 uncertainty and the precautionary principle 173 and risk 161-166 unselfish behaviour 27-28, 29 reaction to manipulation 31-32 service providers 187-188 utilitarianism 120-121, 126-133, 135,136,138-139, 183 Uttal, William 117 value judgements see ethics value for money 212 veto economics 2-3, 6, 227 Viscusi, Kip 153 volunteers 195 wage differentials 152-153, 157 Weitzman, Martin 169 work and employment 235-236 hours of 91-92, 105, 108 see also incentive to work worker inputs and outputs 104-105 Table of Contents Contents Acknowledgements Chapter One - Introduction: Ethical Economics?


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Food and Fuel: Solutions for the Future by Andrew Heintzman, Evan Solomon, Eric Schlosser

agricultural Revolution, Berlin Wall, big-box store, California energy crisis, clean water, Community Supported Agriculture, corporate social responsibility, David Brooks, deindustrialization, distributed generation, electricity market, energy security, Exxon Valdez, flex fuel, full employment, half of the world's population has never made a phone call, hydrogen economy, Kickstarter, land reform, megaproject, microcredit, Negawatt, Nelson Mandela, oil shale / tar sands, oil shock, peak oil, precautionary principle, RAND corporation, risk tolerance, Silicon Valley, social contagion, statistical model, Tragedy of the Commons, Upton Sinclair, uranium enrichment, vertical integration

One way to resolve this problem is to apply the “precautionary principle,” a risk management tool which states that a lack of full scientific certainty should not be used as a reason for postponing decisions.56 The precautionary principle is written into the Treaty of Maastricht, and adopted by all member countries of the European Union. To avoid the risks posed by growth hormones, the EU applied the precautionary principle in its continuing ban on Canadian and American beef imports.57 Among most Canadian cattle producers, this use of the precautionary principle is perceived as a hypocritical pretext for a protectionist trade policy that discriminates against Canadian beef.

See also food industry; obesity Paley Commission on energy, 209 Peaster, Marwyn, 29 PepsiCo, 120, 125 Peru, 64, 65, 66 pesticides and herbicides, 12–13, 14, 99, 100, 120 Petro-Canada, 179 Philip Morris, 93, 128 Pioneer Hy-Bred Corn Company, 6 pipeline projects: in Arctic, 158–70; in China, 170–80; importance/implications of, 180–83 plants, patent and protection legislation governing, 95 plutonium, 190, 194, 197–98, 201–2, 203, 206 Pollan, Michael, 17, 120 portion sizes, 121–24, 141; in France, 124; Kraft’s promise to cut, 111, 133; and pricing incentives, 123–24 precautionary principle, 58–59, 60, 79 Process Inherent Ultimate Safe (PIUS) nuclear reactors, 205 Prusiner, Dr. Stanley, 40 Quebec, 31, 33, 292n52 Rancho Seco nuclear reactor (Sacramento), 231–32, 236 Reagan, Ronald, 105; energy policy of, 212, 310–11n5 renewable energy. See green/renewable energy risk management, and food safety, 30, 40–46, 48, 49, 53, 57–60; and precautionary principle, 58–59, 60 Royal Dutch Shell, 166, 178–79, 225–26, 271. See also Shell Canada Russia, 67, 174, 178, 179; nuclear energy in, 186, 194; nuclear waste in, 198, 203 Sacramento Municipal Utility District (SMUD), closure of nuclear facility, 231–32, 235; cool roof program, 233; economic value of, 233, 235; efficiency/renewables strategy of, 231–35; geothermal/biomass technology, 234; photovoltaic technology, 232, 233–34; tree planting, 232; wind turbine, 232 scarcity of food, as manufactured crisis, 83–84, 107–8.

To avoid the risks posed by growth hormones, the EU applied the precautionary principle in its continuing ban on Canadian and American beef imports.57 Among most Canadian cattle producers, this use of the precautionary principle is perceived as a hypocritical pretext for a protectionist trade policy that discriminates against Canadian beef. These trans-Atlantic differences illustrate polar opposites in the moral climate of politics described by Giddens. The precautionary principle has also been adopted by the Canadian Food Inspection Agency and by the Canadian government at large.58 Yet applying the principle to decision-making is challenging because there is no consensus in the public’s perception and tolerance of risk. Instead there is a broad plurality of risk preferences. Risk preference plurality poses a conundrum for policy-makers trying to discern whether “risk of serious harm” is truly credible.


Innovation and Its Enemies by Calestous Juma

3D printing, additive manufacturing, agricultural Revolution, Asilomar, Asilomar Conference on Recombinant DNA, autonomous vehicles, behavioural economics, big-box store, biodiversity loss, business cycle, Cass Sunstein, classic study, clean water, collective bargaining, colonial rule, computer age, creative destruction, CRISPR, Daniel Kahneman / Amos Tversky, deskilling, disruptive innovation, driverless car, electricity market, energy transition, Erik Brynjolfsson, fail fast, financial innovation, global value chain, Honoré de Balzac, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invention of movable type, invention of the printing press, Joseph Schumpeter, knowledge economy, loss aversion, Marc Andreessen, means of production, Menlo Park, mobile money, New Urbanism, Nicholas Carr, pensions crisis, phenotype, precautionary principle, Ray Kurzweil, Recombinant DNA, refrigerator car, Second Machine Age, self-driving car, smart grid, smart meter, stem cell, Steve Jobs, synthetic biology, systems thinking, tacit knowledge, technological singularity, The Future of Employment, Thomas Kuhn: the structure of scientific revolutions, Travis Kalanick

First, the EU used its influence to persuade its trading partners to adopt similar regulatory procedures that embodied the precautionary principle. Second, the United States, Canada, and Argentina took the matter to the WTO for settlement in 2003.50 Under the circumstances, many African countries opted for a more precautionary approach partly because they had stronger trade relations with the EU and were therefore subject to diplomatic pressure. Their links with the United States were largely through food aid programs.51 In 2006, the WTO issued its final report on the dispute. Its findings were largely based on procedural issues and did not resolve the role of the “precautionary principle” in WTO law.52 Many developing countries started passing strict biosafety regulations even before the protocol was adopted.

This was a sign of the political momentum to find ways to curtail the adoption of transgenic crops. The EU, which served as a role model for developing countries, adopted a three-pronged approach: it sought to develop specific regulations, reinterpret the precautionary principle, and create a European Union Food Safety Agency. In 2003, the EU adopted stringent regulations concerning authorization procedures, labeling, and traceability of the sources of food components. It extended the precautionary principle from environmental protection to consumer and health protection. New provisions in the 2003 regulations explicitly included the principle of “consumer choice” via mandatory labeling and traceability; a formalization of the distinction between risk assessment, risk management, and risk communication; and public participation in risk communication.

For an outline of the elements of science and technology advice, see National Research Council, Knowledge and Diplomacy: Science Advice in the United Nations System (Washington, DC: National Academies Press, 2012), 13–20. 15. Calum G. Turvey and Eliza M. Mojduszka, “The Precautionary Principle and the Law of Unintended Consequences,” Food Policy 30, no. 2 (2005): 145–161. 16. Marc A. Saner, “An Ethical Analysis of the Precautionary Principle,” International Journal of Biotechnology 4, no. 1 (2000): 81–95. 17. Lisa F. Clark, “Framing the Uncertainty of Risk: Models of Governance for Genetically Modified Foods,” Science and Public Policy 40, no. 4 (2013): 486. 18.


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The Irrational Economist: Making Decisions in a Dangerous World by Erwann Michel-Kerjan, Paul Slovic

"World Economic Forum" Davos, Alan Greenspan, An Inconvenient Truth, Andrei Shleifer, availability heuristic, bank run, behavioural economics, Black Swan, business cycle, Cass Sunstein, classic study, clean water, cognitive dissonance, collateralized debt obligation, complexity theory, conceptual framework, corporate social responsibility, Credit Default Swap, credit default swaps / collateralized debt obligations, cross-subsidies, Daniel Kahneman / Amos Tversky, endowment effect, experimental economics, financial innovation, Fractional reserve banking, George Akerlof, hindsight bias, incomplete markets, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, iterative process, Kenneth Arrow, Loma Prieta earthquake, London Interbank Offered Rate, market bubble, market clearing, money market fund, moral hazard, mortgage debt, Oklahoma City bombing, Pareto efficiency, Paul Samuelson, placebo effect, precautionary principle, price discrimination, price stability, RAND corporation, Richard Thaler, Robert Shiller, Robert Solow, Ronald Reagan, Savings and loan crisis, social discount rate, source of truth, statistical model, stochastic process, subprime mortgage crisis, The Wealth of Nations by Adam Smith, Thomas Bayes, Thomas Kuhn: the structure of scientific revolutions, too big to fail, transaction costs, ultimatum game, University of East Anglia, urban planning, Vilfredo Pareto

The general idea is that ambiguity aversion reinforces risk aversion, rendering people more reluctant to undergo ambiguous risky acts. The same idea can be found in the debate about the precautionary principle. This principle has been discussed in various international forums, including the Conference of Rio on Environment and Development and the Maastricht Treaty. It states that “lack of full scientific certainty shall not be used as a reason for postponing cost-effective measures to prevent environmental degradation.” Indeed, the precautionary principle has widely been interpreted as a recommendation for reducing collective risk exposure in the presence of ambiguous probabilities.

The special problems of intergenerational equity (meaning all the future generations who will be affected by our actions today but who are not yet born) and irreversibility have been at the heart of the climate change debate, just as they were for disputes about radioactive waste. More generally, the “precautionary principle” and the sustainability debate overall has been focused on the central question of what it actually means for present generations to live in such a manner as to not disadvantage future generations. 4. Low-probability, high-consequence events: Added to the above are the continuing perplexities of risk management and mitigation associated with the low-probability, very high-consequence outcomes of climate change.

The bottom line is that there is no agreed-upon rule about how to evaluate long-term environmental risks and therefore no consensus yet about how to shape environmental policy. But this does not have to be the case. Recent advances have been made toward providing a unified scientific framework to evaluate and make policy recommendations regarding collective long-term risks. This progress puts a new light on concepts such as “sustainable development” and “precautionary principle,” increasing their suitability as efficient guidelines for collective decision making. The state-of-the-art methodology for evaluating an environmental project is based on a benefit-cost analysis in which the net present value of the future monetarized benefits is compared to the cost of the project.


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A Hunter-Gatherer's Guide to the 21st Century: Evolution and the Challenges of Modern Life by Heather Heying, Bret Weinstein

autism spectrum disorder, biofilm, Carrington event, cognitive dissonance, coherent worldview, conceptual framework, coronavirus, COVID-19, critical race theory, dark matter, delayed gratification, discovery of DNA, double helix, epigenetics, Francisco Pizarro, germ theory of disease, Gregor Mendel, helicopter parent, hygiene hypothesis, lockdown, meta-analysis, microbiome, Monkeys Reject Unequal Pay, phenotype, planned obsolescence, precautionary principle, profit motive, Silicon Valley, Steven Pinker, the scientific method, theory of mind

The solution to the many problems laden in a hyper-novel world is not so simple. Instead, we embrace careful application of the Precautionary principle. When faced with a question of innovation, the Precautionary principle considers the risk of engaging in any particular activity, and recommends caution when the risk is high. In circumstances where the degree of uncertainty about the outcomes of a system is high—when it is not clear what negative effects might result if society engages in, say, carpentering corners or powering our electrical grid with nuclear fission reactors—the Precautionary principle suggests that changes to extant structures should be engaged in slowly, if at all.

There is an important parable to be invoked here, Chesterton’s fence, named for turn-of-the-20th-century philosopher and writer G. K. Chesterton, the man who first described it. Chesterton’s fence urges caution in making changes to systems that are not fully understood; it is thus a concept related to the Precautionary principle. Chesterton wrote this of a “fence or gate erected across a road”: The more modern type of reformer goes gaily up to it and says, “I don’t see the use of this; let us clear it away.” To which the more intelligent type of reformer will do well to answer: “If you don’t see the use of it, I certainly won’t let you clear it away.

Become someone who recognizes patterns about yourself. Hack your habits and your physiology. What stimulates you to eat? To exercise? To check social media? Understanding the patterns in your behaviors gives you a better chance of controlling those behaviors. Look out for Chesterton’s fence and invoke the Precautionary principle when messing with ancestral systems. Remember this: “just because you can, doesn’t mean you should.” Chapter 4 Medicine When Heather was young, she frequently got strep throat. As an adult, the strep disappeared, but she began getting laryngitis at least yearly, sometimes a few times a year.


pages: 504 words: 126,835

The Innovation Illusion: How So Little Is Created by So Many Working So Hard by Fredrik Erixon, Bjorn Weigel

Airbnb, Alan Greenspan, Albert Einstein, American ideology, asset allocation, autonomous vehicles, barriers to entry, Basel III, Bernie Madoff, bitcoin, Black Swan, blockchain, Blue Ocean Strategy, BRICs, Burning Man, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, classic study, Clayton Christensen, Colonization of Mars, commoditize, commodity super cycle, corporate governance, corporate social responsibility, creative destruction, crony capitalism, dark matter, David Graeber, David Ricardo: comparative advantage, discounted cash flows, distributed ledger, Donald Trump, Dr. Strangelove, driverless car, Elon Musk, Erik Brynjolfsson, Fairchild Semiconductor, fear of failure, financial engineering, first square of the chessboard / second half of the chessboard, Francis Fukuyama: the end of history, general purpose technology, George Gilder, global supply chain, global value chain, Google Glasses, Google X / Alphabet X, Gordon Gekko, Greenspan put, Herman Kahn, high net worth, hiring and firing, hockey-stick growth, Hyman Minsky, income inequality, income per capita, index fund, industrial robot, Internet of things, Jeff Bezos, job automation, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, joint-stock company, Joseph Schumpeter, Just-in-time delivery, Kevin Kelly, knowledge economy, laissez-faire capitalism, low interest rates, Lyft, manufacturing employment, Mark Zuckerberg, market design, Martin Wolf, mass affluent, means of production, middle-income trap, Mont Pelerin Society, Network effects, new economy, offshore financial centre, pensions crisis, Peter Thiel, Potemkin village, precautionary principle, price mechanism, principal–agent problem, Productivity paradox, QWERTY keyboard, RAND corporation, Ray Kurzweil, rent-seeking, risk tolerance, risk/return, Robert Gordon, Robert Solow, Ronald Coase, Ronald Reagan, savings glut, Second Machine Age, secular stagnation, Silicon Valley, Silicon Valley startup, Skype, sovereign wealth fund, Steve Ballmer, Steve Jobs, Steve Wozniak, subprime mortgage crisis, technological determinism, technological singularity, TED Talk, telemarketer, The Chicago School, The Future of Employment, The Nature of the Firm, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, too big to fail, total factor productivity, transaction costs, transportation-network company, tulip mania, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, University of East Anglia, unpaid internship, Vanguard fund, vertical integration, Yogi Berra

That assertion may or may not be accurate, but what is clear is that regulatory complexity and uncertainty followed hard on the heels of the introduction of the precautionary principle in EU regulation. Such a principle is impossible to marry with the ambition of promoting an industrial culture of innovation and experimentation. “The reflex is to first look at a new product’s risks as opposed to its benefits,” making “technological progress almost impossible,” says one industry leader.5 The precautionary principle shifts the burden of proof by demanding that it is up to a producer to show that a product is not causing harm. Harvard professor Cass Sunstein calls it “literally paralyzing.”6 Science writer Ronald Bailey has summed it up: “Anything new is guilty until proven innocent.”7 Proving a negative is not just a philosophical challenge.

Harvard professor Cass Sunstein calls it “literally paralyzing.”6 Science writer Ronald Bailey has summed it up: “Anything new is guilty until proven innocent.”7 Proving a negative is not just a philosophical challenge. The precautionary principle prompts a regulatory culture that is unpredictable. It is difficult to know what needs to be done in order to be on the safe side of regulation and approval processes. It takes time and costs money. When regulations are ambiguous, regulators are often given flexibility on how to determine whether a product is cleared or not. The precautionary principle erases the scientific ethos that should guide regulatory conduct, and adds significant costs to innovation. Nanomaterials is another example.

A culture of permissionless innovation is rather based on clear proscriptive regulations that do not require innovators to ask for permission or apply for special licenses in order to put new products on the market. Europe’s precautionary principle is a case in point. It is an open-ended principle, enshrined in European law, and it gives every opportunity to charlatans with little regard for facts and science to block innovation and economic experimentation. Moreover, it gives incumbents, defending their product stock, opportunities to shield themselves from competitors. It is true that the precautionary principle is an extreme form of regulation because it causes widespread or systemic uncertainty, but similar approaches to new inventions also guide less extreme regulations.


pages: 348 words: 102,438

Green and Prosperous Land: A Blueprint for Rescuing the British Countryside by Dieter Helm

3D printing, Airbnb, Anthropocene, barriers to entry, biodiversity loss, British Empire, carbon tax, clean water, conceptual framework, corporate social responsibility, Crossrail, decarbonisation, deindustrialization, demographic transition, Diane Coyle, digital map, facts on the ground, food miles, Haber-Bosch Process, high-speed rail, illegal immigration, Internet of things, Kickstarter, land reform, mass immigration, microplastics / micro fibres, New Urbanism, North Sea oil, precautionary principle, precision agriculture, quantitative easing, rewilding, smart meter, sovereign wealth fund, the built environment, Tragedy of the Commons, urban planning, urban sprawl

There needs to be net gain, because of the risks and safe limits, and hence the payments need to respect the precautionary principle. 9 PAYING FOR POLLUTION The provision of public goods is a public matter. So too is the prevention of harm. The polluter-pays principle says several things: that all costs should be taken into account in an efficient economy; and that those who do damage by their actions should pay those costs. There should be compensation, offsetting any damage. The net gain principle goes further: it states that we should be risk-averse and err on the side of overcompensation. It incorporates the precautionary principle, especially where renewable natural capital is involved and we don’t know precisely where the safe limits lie.

Abbots Hall Farm, Essex 143 Africa 1, 48, 55 agriculture: ammonia emissions from 88, 102, 153, 179, 223, 224 antibiotic use in 197, 216 average age of British farmer 89, 214, 217 carbon emissions from 82, 102, 104, 183, 197, 199, 200, 201, 214, 216, 223 cattle farming 62, 87, 99, 106, 107, 108, 119, 179, 264, 267 crops/arable farming see individual crop name cross-compliance and 97, 98, 251 digitalisation and 81, 96, 100 disaster of modern British, recognising the scale of 80 economics of British, 88–90 ‘enemies of’, elimination of 4–5 fertiliser use 22, 39, 43, 65, 80, 82, 86, 87, 94, 96, 100, 102, 119, 124, 163, 196–7, 200, 201, 216, 223, 243, 244, 253, 254 field margins 96–7, 251 food security/self-sufficiency as priority in 32, 99–102, 106, 182–4, 210 genetics and 4, 81, 95–6 green 79–104 herbicide use 4, 21, 22, 43, 44–5, 65, 83, 84, 85, 95, 96, 97, 100, 102, 124, 197, 199, 200, 201, 216, 223, 243 history of British intensification of 80 impact on farmers of a better agricultural sector and countryside 102–4 intensification of xii, 44, 58, 80–8, 93, 152, 211 land ownership and prices 8, 9, 11, 75, 89, 92–3, 102–3, 168, 190, 193, 198, 211–13, 214, 217–18 live export of animals 23, 101 Nature Fund and 219, 220, 221, 222, 223, 224, 225, 232–3, 239, 240 new sustainable and prosperous 93–7 organic 96–7, 119, 197, 223 pesticide use xii, 21, 22, 43, 45, 65, 82, 83, 84, 95, 96, 100, 102, 124, 197, 199, 200, 201, 216, 223, 243, 244 polluter-pays principle and 88, 95, 99–100, 101, 103, 104, 195, 196–8, 199, 201, 203–4, 205, 207, 210–14, 216, 217–18 pollution from xii, xiv, 4, 5–6, 8, 11, 19–21, 22, 23–4, 32, 39, 43–5, 56, 61, 62, 64–6, 74–8, 80, 81–2, 83, 84, 85, 86, 87, 88, 89–90, 94, 95, 96, 97, 99–100, 101, 102–4, 119, 123, 124, 128, 136, 163, 179, 180, 195–218, 223, 224, 242, 243, 244, 248, 251, 253, 254, 255 see also fertilisers, herbicides and pesticides public goods concept and 92–7, 98, 99, 102–4, 179, 181–4, 188, 189, 190–1, 192, 193, 194 run-off from 4, 5, 19–21, 22, 43–4, 61, 62, 64–6, 74, 76, 81, 85, 96, 123, 179, 180, 180, 196–8, 203–4, 205, 207, 216–17, 224, 242, 248, 251 slurry and 21, 22, 64–5, 74, 179, 180, 190, 203, 204, 205, 224 soils and see soils subsidies and xii, 2, 7, 8, 9, 10, 11, 12, 21, 22, 23, 34, 45, 62–3, 75, 76, 78, 79, 80, 81, 82, 87, 88–90, 95, 97, 100, 101, 102–4, 110–11, 118, 119–20, 122, 124, 126, 139, 183, 184, 188, 191, 195, 204, 205, 210–15, 217, 218, 219, 220–1, 226–7, 232, 234, 239, 241, 243, 244, 247, 253 see also subsidies tariffs and 87–8, 89, 102, 104 technology, future of and 5–7, 9, 80–1, 96, 100, 120, 223, 251, 263 25 Year Environment Plan and 241, 242, 243, 244, 245, 246–7, 248, 250, 251, 253, 255, 258 upland sheep farming 11, 21–2, 23, 33, 62–3, 64, 74, 87, 101, 106–7, 108, 110–11, 113, 119, 122, 124, 125, 183, 190, 210, 211, 217, 218, 264, 267 value of countryside for other uses and 90–3 wildlife corridors and 97–9 Agriculture Act (1947) 80 Agriculture Bill (2018) 103, 122, 232 agri-environment schemes 75, 111, 212, 220, 251, 257 AI (artificial intelligence) 230, 252–4, 255, 258 air pollution 18, 184, 264, 266 costs of 171 deaths linked to xiv, 154 evidence of improvements in air quality 39 farming and 44, 81, 88, 93, 96, 179, 255 future of 28, 219, 221, 246, 247, 249, 254, 255, 261, 262 green spaces and 24, 155, 156–8, 162, 167 green walls and 162 measuring 5, 28, 246, 254 Nature Fund and 219, 221 polluter-pays principle and 196, 199, 203, 215 technology and 154, 169, 254, 255 towns/cities and 152, 153–4, 155, 156, 157, 158, 162, 167, 169, 171 25 Year Environment Plan and 246, 247, 249, 254, 255, 261, 262 algae 32, 34, 68, 136, 156, 196, 216, 251 Alladale Wilderness Reserve, Scotland 108 Anthropocene 2 antibiotics 38, 68, 197, 216 aphids 84 arable weeds 44, 80, 85, 97 Area of Outstanding Natural Beauty (AONB) 63, 105, 117, 257 Asian hornet 147 avocet 133, 161 Bank of England 232, 240 barbed wire 124–5 barley 86 Barle, River 63 barn owl xi, 31, 85, 195 Batters, Minette 99 BBC xiv, 128, 176–7, 178, 224–5 beaches 4, 7, 17, 34, 127, 128, 129, 131–2, 136, 149, 184, 246 beaver 4, 8, 31, 108, 250 Beckton Sewage Treatment Works 20 bees 35, 83, 84, 85, 94, 170 Betjeman, John 166 Big Data 81, 251, 252, 254, 255 biofuels 101, 183 biophilia xiv, 160, 261 birds xv, 5, 8, 17, 20, 37, 42, 43, 61, 72, 80, 83, 84, 86, 87, 91, 97, 124, 129, 130, 132, 133, 134, 140, 158, 189, 204, 207, 217, 222, 243, 245, 252, 264 eggs, stealing 203, 205 farmland xi, 21, 32, 33, 44, 58, 85, 94, 107, 246, 250, 263 game 4, 34, 113–14, 115, 116 seabirds 34, 129, 137, 138–9, 142, 143, 144, 146–7, 149, 150, 156, 263 songbirds 39 upland 40, 119–20 urban 159–62, 164, 170, 185 wading 123 woodland 45 bittern 19, 161 Blackwater, River 134, 253 blanket bog 63 Bleaklow, Peak District 67 Blue Belt 145, 151 blue-fin tuna 137 Blue Flag system 131 Blue Planet II (TV series) xiv, 176–7 bracken 109, 123, 145 Brecklands 8, 183 brent geese xi, 253 Brexit 49, 92, 118, 220, 232, 243, 260 brownfield sites 46, 130, 159, 167, 170, 206 business rates 88, 89, 102, 213, 214 butterflies 17, 18, 91, 195, 207 buzzard 4, 40, 113, 115 Camel, River 134 Canvey Island 130, 159 Canvey Wick 159 carbon: budgets 13, 233, 249 emissions 28, 33, 41, 43, 51, 53, 58, 82, 83, 88, 89, 101, 102, 104, 154, 175, 183, 196, 197, 199, 200, 201, 202, 214, 216, 223, 224, 233 fuel taxes and 214 price 10, 89, 104, 175, 201, 202, 214, 216, 223 as private good 175 in soils 7, 184, 216, 246 stores 124, 133 tax 223, 224 Carboniferous age 1 Carbon Price Floor 89, 223 Carson, Rachel: Silent Spring 5 cattle farming 62, 87, 99, 106, 107, 108, 119, 179, 264, 267 cereal crops 5, 21, 39, 64, 85–6, 97, 101 Channel Islands 139 China 25, 55–6, 155 cirl bunting 40 Cley Marshes 133 climate change xiii–xiv, 6, 13, 33, 40, 44, 46, 56, 63, 74, 79, 82, 92, 133, 135, 158, 188–9, 219, 229, 230, 233, 234, 243, 249, 256, 258, 264 Climate Change Act (2008) 13, 233, 249, 258 Climate Change Committee 82, 234 coal 1, 42, 201 mining 42, 67, 68, 103, 111 power 153, 159, 201 Coal Authority 67 Coast (TV programme) 128 coasts 9, 19, 22, 29, 30, 32, 34, 43, 45–6, 127–51, 159, 185, 188, 206, 221, 241, 243, 245, 266 access to 128, 129, 130, 145–6, 149, 150 beaches and 4, 7, 17, 34, 127, 128, 129, 131–2, 136, 149, 184, 246 climate and 127–8, 136 coastal fringe 128–31 Coastal Green Belt 247 coastal paths 7, 128, 129–30, 145, 186, 189 coastal prize in 2050 150–1 coastal waters 135–9 eradication of alien species from islands 146–8 estuaries and 134–5 fishing and 24, 128, 133, 136–9, 141–5 habitat restoration 145–6 islands and 139–40, 146–8 marshes at the sea edges 132–3, 250, 253 Nature Fund and 221 pollution/waste and 32, 45–6, 67, 128, 131, 134–5, 136, 137, 138, 144, 148, 158, 204 ports and 130 public love of 127–8 returning to good health (and increasing prosperity) 140–50 tourism and 24, 91, 127, 128, 131, 139, 140, 148–50 wildlife corridors and 17, 129–32, 150, 186 cod 137, 142 colour, landscape and 17, 31, 32, 39, 87, 124, 163 Common Agricultural Policy (CAP) xii, 80 basic farm payment/land ownership and 89–90, 97, 103, 193, 212 cross-compliance and 97, 98, 251 economics of British farming and 88, 89, 90 food prices and 80, 97 Nature Fund and 220–1, 226, 232, 234–5, 239 NFU defence of 211 Pillar 1 payments 212 Pillar 2 payments 212–13, 232 pollution and 89, 204, 210–13 redirecting to provision of public goods 102–4, 191, 193, 212–13, 220–1, 226, 232, 234–5, 239, 241, 243, 244, 247 reforms, 2000 211–12 25 Year Environment Plan and 241, 243, 244, 247 upland farming economics and 45, 110–11, 126, 220–1 welfare state, as branch of 218 withdrawal from 217 Common Fisheries Policy (CFP) 142 commuting 54, 71, 169 compensation payments 10, 11, 42–3, 52, 88, 144–5, 166, 179, 185–6, 194, 195, 206–9, 213, 219, 225–6, 235 see also polluter-pays principle Conservative Party 50 consumption, rising xii, 47, 49, 55–6, 57, 199 corncrake 140 Cornwall 68, 12, 134 corvids 115 Cost of Energy Review (2017) 201 Country Land and Business Association (CLA) 166 Countryside Stewardship Facilitation Fund 98 crime, wildlife 33, 34, 113–14, 203, 204–5 see also individual area of crime crofting 139–40 cross-compliance 97, 98, 251 Crossrail 2 26, 27, 28, 53, 133, 208 Crown Estate 238, 250 cuckoo 3, 18, 37, 84 Cumbria river catchment 30–1, 257–8 curlew 17, 31, 36, 37, 185 Dartmoor 35, 105, 119 Dart, River 134 DDT (dichlorodiphenyltrichloroethane) 5, 40, 84, 96 declines 3, 8, 18–25, 27, 32, 39, 40, 42–6, 47, 74, 82, 83, 140, 156, 184, 185, 208, 264, 268 deer 33–4, 36, 106, 107, 108, 109, 110, 112, 115, 116, 119, 147, 190 DEFRA (Department for Environment, Food and Rural Affairs) 3, 76, 188, 219, 221, 232, 236, 266 ‘Heath and Harmony: The Future for Food, Farming and the Environment in a Green Brexit’ 232 Department for Business, Energy and Industrial Strategy (BEIS) 219 Department for Education (DfE) 219 Department of Health & Social Care (DHSC) 219 Devon 4, 145 diesel 88, 89, 102, 136, 153, 154, 179, 214, 223, 264 Dig for Victory 80, 183 digitalisation 26, 37, 41, 42, 54, 64, 81, 96, 100, 230 Dovey Estuary 134 economics: agriculture and see agriculture British farming’s 52, 62–3, 65–6, 67, 79–80, 87–90, 99–104 building a greener economy 59–171 see also agriculture; coasts; rivers; towns/cities and uplands consumption rates, rising 55–6 cost–benefit analysis xvi, 29, 31, 184, 186–9, 194 destruction of nature, economic progress and xiii–xiv, 5, 6–7, 8–9, 24–5, 38 see also agriculture; coasts; rivers; towns/cities and uplands externalities 179, 180, 182, 183, 194, 210 fossil fuel xii, 42–3, 154, 264 see also coal and oil investing in nature to increase prosperity xiii, xv, 7–9, 17, 21, 24–5, 26–7 see also agriculture; coasts; rivers; towns/cities and uplands measuring cost of lost environment 208–9 measuring economic output of natural world xvi, 2, 3, 9, 27–30, 34, 51, 55, 56, 88, 141, 148, 175–262, 264 see also agriculture; coasts; rivers; towns/cities and uplands natural capital loss as a price worth paying 38 Nature Fund and see Nature Fund option value 188 polluter-pays principle and see polluter-pays principle population growth and xii, 11, 44, 47–50, 52, 55, 58, 166, 183 public goods and see public goods short-term, inefficient 40, 77, 112, 157, 231, 234, 238, 256, 261 25 Year Environment Plan and see 25 Year Environment Plan electricity 26, 28, 53, 54, 71, 75, 76, 100, 101, 135, 153, 201, 215, 223, 245, 262, 268 endangered species 18, 185, 205, 243 Ennerdale 121 EnTrade 78 Environment Agency 63, 65, 73, 75, 76, 77, 78, 88, 133, 141, 190–1, 192, 220, 221, 232, 257, 258, 260 Environment, Food and Rural Affairs Select Committee 182 Environment Protection Agency, proposed 205, 260 Essex coast xi, 129, 132, 133, 143, 145 European Economic Community (EEC) 95 European Union (EU) 48, 87, 89, 92, 139, 141, 211, 243, 268 air quality and 153 Bathing Water Directives 131–2 Common Agricultural Policy (CAP) xii, 45, 75, 80, 88, 89, 90, 97, 102–3, 110–11, 126, 141, 191, 193, 204, 210–13, 217, 218, 220–1, 226, 232, 234, 239, 241, 243, 244, 247 Common Fisheries Policy (CFP) 142 Water Framework Directive 77, 242, 243 eutrophication 19, 196 Exmoor 87, 89, 105, 114, 119, 120, 123, 125–6, 129, 267 Exmoor Mires Project 63, 78, 125–6 Exe, River 63 extinctions xiv, 40, 123, 250 Farmers Weekly 95, 96, 199, 204 Farne Islands 139 Fens 25, 32, 33, 82, 90, 132 fertiliser 22, 39, 43, 65, 80, 82, 86, 87, 94, 96, 100, 102, 119, 124, 163, 196–7, 200, 201, 216, 223, 243, 244, 253, 254 field margins 96–7, 251 financial crisis (2007–8) xii, 56 fish: farms 22, 34, 37, 45, 46, 57, 138, 139, 140, 144–5, 151 pollution and 34, 64, 68 rivers and 61, 64, 68, 97 fishing: coastal waters and 128, 129, 133, 134, 135, 136–9, 140 destructive practices 9–10, 17, 22, 24, 34, 128, 135, 136–9, 140, 141–5, 151, 175, 264 long-term management of 34, 141–5 Marine Protected Areas and 7, 268 policy fit for purpose 141–5 regulatory body 248 role in British economy 2, 148 subsidies 142, 221 flea beetles 84 flooding: climate change and 44 coasts and 127, 133 farming practices and 63, 65, 66, 81 flood meadows and 30, 66 floodplains and 61, 73–4, 77 Green Belt and 167 housing, urban centres, roads and 73–4, 75, 153, 158 industrial legacy and 67 natural management of 8, 18, 30, 31, 35, 124, 220, 248, 260, 268 Nature Fund and 219, 220, 221 paying for pollution and 213 peat bogs and 62, 119, 124 public goods and 181, 184, 189, 191, 192 sewage systems and 71–2 system operator and 76, 77, 258 25 Year Environment Plan and 248, 257, 258, 260 upper rivers and 62 flowers 7, 33, 35, 83, 94, 97, 124, 140, 157, 162, 163, 164, 168, 169, 170, 217, 246–7, 263 flycatcher 3, 13, 35, 36, 37, 84, 185, 261 fly-tipping 205 food 2, 3, 22, 33, 258 cost of 56, 88, 90 intensification of production 80–1, 87 link between production and consumption 168 polluter-pays principle and 198, 199 public goods and 92, 93–4, 182–4, 193 security/self-sufficiency 32, 99–102, 106, 182–4, 210 soils and 33, 81–3 subsidies and 100–4, 210–13 see also subsidies uplands and 122 waste 160 ‘Food from Our Own Resources’ (White Paper, 1975) 80 footpaths 7, 92, 98, 99, 123, 130, 145, 149, 169, 170, 191 Forest of Bowland 63 Forest of Dean 160 forests 4, 33, 39, 63, 107, 108, 109, 110, 112, 117, 160, 175, 178, 179, 180, 196, 230, 238, 247, 250 Fowey, River 134 fox 108, 113, 115, 159, 253 Friends of the Seals 150 frog 35, 81, 85, 164 fuel xii, 101, 102, 154, 183, 213, 214, 217, 223, 264 fungicides 95 gamekeeper 113–14, 115, 203, 204 game shooting 4, 34, 101, 113–14, 115, 116, 183, 203, 204, 258 Garden Bridge, London 221 garden centres 170–1 gardens xi, xiv, 7, 23, 35, 43, 46, 71, 85, 139, 147, 155, 162–4, 165, 167, 170–1, 207 genetically modified (GM) crops 4, 95–6 genetics 4, 5, 81, 95–6, 230, 252 genomics 38, 252, 254 GlaxoSmithKline 69 globalisation, species 41 glyphosate 4–5, 44–5, 80, 84, 85, 86, 95, 217 golden eagle 4, 113, 123, 203 golden plover 17, 36, 123 goshawk 160 GPS 6, 96, 223 Grand Banks cod fishery 137, 142 grasses/grassland 5, 31, 39, 64, 65, 87, 119, 124, 152, 155–6, 163, 164, 253 Great Stink of London (1858) 19–20, 158 Green Belt 7, 10, 17, 37, 46, 47, 50, 51–2, 57, 117, 145, 150, 151, 165–70, 185, 207, 208, 209, 247, 263 Green Belt National Parks 169, 170 green bonds 235–6 green corridors 7, 31, 164–5, 186, 191, 234, 247, 250 see also wildlife corridors green prize 8, 9, 17–36 enhancements and 25–36 no more declines and 18–25 securing 263–8 green spaces 7, 8, 22, 23, 24, 35, 46, 153, 155–6, 161–5, 167, 169, 170, 178, 189, 206, 221, 230, 262, 268 grey wagtail 61 grey water storage 71, 74 Gross Domestic Product (GDP) xvi, 2, 3, 9, 34, 51, 55, 56, 88, 141, 148, 264 groundwater 19, 41, 67, 69, 70 grouse shooting 4, 33, 106, 113–14, 115, 116, 183, 190, 203, 204, 258 Gulf Stream 2, 127–8, 136 Gwent Levels 57 Haber-Bosch process 82 hay meadows 17, 109, 124, 125 heather 33, 113, 123–4 Hebrides 1, 139 hedgehog 35, 85, 139, 162, 163, 164, 170 hedgerows xii, 21, 31–2, 36, 79, 85, 90, 97, 98, 103, 109, 123, 124–5, 167, 169, 180, 191, 207, 210, 211 hen harrier 33, 36, 113–14, 120, 123, 185, 203, 205, 250 herbicides 4, 21, 22, 43, 44–5, 65, 83, 84, 85, 95, 96, 97, 100, 102, 124, 197, 199, 200, 201, 216, 223, 243 Heritage Lottery Fund 247 Highland Clearances 106, 139–40 hill farming 24, 80, 89, 101, 103, 217–18 Hill Farming Act (1946) 80 Hobhouse Report 116 housing xii, 3, 7, 9, 11, 35, 37, 46, 49, 50–2, 53–4, 55, 57, 58, 72–3, 75, 77, 117, 128, 155, 165, 166, 170, 185, 205–6, 207, 209, 225–6 house sparrow xi, 21, 160–1, 185, 252 HS2 3, 26, 27, 28, 29, 47, 57, 185, 186, 226 Humber, River 134 Hyde Park 155, 156–7, 160 hypothecation 202–3, 224, 225, 236, 239 immigration 48–50, 183 India 48, 55, 155 industrial policy xii, 67–9, 128, 203, 215 industrial pollution 19–21, 61, 67–9, 77, 138, 203, 215 Industrial Revolution 3, 19, 41, 136, 155, 160 infrastructure xii, 18–19, 24, 26, 28, 29, 35, 44, 47, 49, 50, 52–4, 55, 56, 57, 58, 72, 74, 75, 120, 125, 134, 152, 157, 165, 168–9, 170, 176, 185, 207, 215, 226, 245, 267 inheritance tax 88, 89, 213–14, 217 insects xv, 4–5, 18, 20, 21, 31, 32, 33, 36, 37, 42, 45, 58, 72, 83, 84–5, 86, 87, 94, 97, 112, 115, 119, 124, 129, 147, 160, 162, 168, 170, 189, 217, 222, 243, 245, 252 internet 28, 54, 177, 205 Isle of Arran 141–2 Isle of Man 139, 141 Isle of Skye 140 Isles of Scilly 139, 145, 147, 149 Japanese knotweed 148 kingfisher 61, 164 Kingsbrook 165 Knepp Castle 108, 197 Labour Party 50 Lake District 1, 35, 105, 111, 121, 122–3, 158 lakes 19, 30, 61, 70, 122–3, 216, 225 land development xii, 3, 6, 7, 9, 11, 20, 35, 37, 46, 47, 49, 50–5, 57, 58, 72–3, 75, 77, 78, 89, 117, 118, 121, 128, 155, 156, 157–8, 165–70, 185–6, 189, 205–9, 215, 216, 218, 225–6, 241, 245, 268 landfill 136, 159, 200 land ownership/prices 8, 9, 11, 89, 92–3, 100, 102–3, 106, 156, 165–70, 189–90, 193, 198, 212, 213, 214, 217, 268 Land Trust 236 lapwing xi, xii, 31, 185 Larkin, Philip: ‘Going, Going’ vii lemmings 253 live export of animals 23, 101 lobbyists 4–5, 13, 52, 54, 57, 84, 87, 101–4, 116, 143, 166, 221, 239, 258–9, 261 London 19–20, 29, 43, 47, 49, 73, 74, 142, 153, 155–6, 158, 159, 160, 161, 209, 221 see also individual place name London Wetland Centre 74, 159 Lundy 146 lynx 4, 108, 250 MacFarlane, Robert 98 Macron, Emmanuel 96 maize 5, 21, 62, 63, 65, 86, 250 Malta 84, 243 Manx shearwater 146, 150 marginal land 87, 103, 183, 210, 211, 214, 217–18, 250 marginal losses 57–8 Marine and Coastal Access Act (2009) 130 Marine Conservation Zones 145 Marine Protected Areas 7, 10, 143, 145, 151, 247, 268 Marlborough Downs 98 Marsh harrier 133 marshes xi, 17, 128, 129, 130, 132–3, 145, 149, 151, 181, 208, 215, 250, 253 mayflies 41 meadows 17, 30, 31, 45, 66, 79, 87, 103, 109, 124, 125, 167, 168, 169, 209, 246–7, 263, 264 mental health, nature and xiv, 5–6, 24, 25, 28, 34, 73, 162, 169, 171, 189, 254, 264 Mersey, River 20, 40, 158, 209 metaldehyde 85, 190 mining 20, 67, 68, 73, 111, 235 Ministry of Agriculture, Fisheries and Food (MAFF) 80 Ministry of Defence (MOD) 130 Ministry of Housing, Communities and Local Government (MHCLG) 219 Minsmere RSPB reserve 133 Mitchell, Joni: ‘Big Yellow Taxi’ vii, 57 molinia grass (Molinia caerulea) 124 Monsanto 95 moorland 33, 62, 67, 87, 103, 118, 119, 123–4, 180, 183, 190, 204, 210, 251, 258 M3 208 Muir, John 116 National Audit Office (NAO) 234 National Farmers’ Union (NFU) 80, 90, 99, 166, 182, 183, 211, 239, 258, 260 National Infrastructure Commission (NIC) 26, 44 National Parks xiv, 52, 105, 116–18, 121, 124, 125–6, 143, 169, 170, 178, 185, 220, 221, 234, 240, 241, 248, 257, 266, 267 National Parks Act (1949) 116–17 National Trust 117, 125, 130, 146, 177, 185, 192, 220, 221, 236, 237, 239 natural assets see individual asset name natural capital: acknowledgement of concept, lack of 265 aggregate measure of overall state of 41 categories/fundamental building blocks of 30, 41 see also individual category name definition of xiv, 2 enhancing/natural capital approach to management of environment 25–32 holding the line against further deterioration of 17, 18–25 maintenance 19, 24–32, 29, 119, 125, 156, 178, 184–5, 186, 187, 226, 234, 237–8, 246, 248, 259, 268 monitoring state of 250–5 Nature Fund and see Nature Fund NCC and xiv–xv see also Natural Capital Committee (NCC) as neo-liberal conspiracy 266–7 non-renewable 12, 42–3, 137, 205, 219, 228, 231, 235, 250 paying for pollution and 195, 198, 205, 206, 215 piecing together evidence for main categories of 41–2 public goods and 175, 176, 177, 178, 179–80, 181, 184, 185–6, 187, 188–9, 193, 194 renewable 12, 18, 28, 43, 69, 82–3, 123, 137, 140, 141, 142, 185, 195, 205, 206, 219, 228, 231, 235, 237, 245, 246, 250, 257 solutions see agriculture; coasts; rivers; towns/cities and uplands state of assets 245–8 25 Year Environment Plan and see 25 Year Environment Plan Natural Capital Committee (NCC) xi, xii, xiii, xiv–xv, 257 Natural Capital: Valuing the Planet (Helm) xv Natural England 75, 78, 185, 191, 221, 232, 248, 257, 258, 260 Natural Resources Wales 65 Nature Act 13, 258, 259 Nature Fund 12, 202–3, 209, 219–40, 241, 249, 254, 258 adding in the avoided subsidies beyond the CAP 226–7 adding in the net environmental gain compensation payments 225–6 adding in the value of pollution taxes 222–5 budget 234–6 deciding how to spend money 239–40 designing 231–4 green bonds and 235–6 looking after future generations and 228–31 owning assets 236–8 redirecting current spending 220–2 separating spending from revenues 227 nature, love of xiv, 160, 261 neonicotinoids 4–5, 82, 83, 84, 96, 217 net environmental gain principle 7, 11, 12, 46, 54, 149, 168–9, 186, 194, 202, 206, 208, 216, 218, 219, 225–6, 235, 244, 245, 258, 265 New Forest 117 New Naturalist 42 nitrates 123, 136, 152, 216 non-governmental organisations (NGOs) 42, 130, 239 non-renewable natural capital 12, 42–3, 137, 205, 219, 228, 231, 235, 250 North Sea 1, 12, 34, 133, 135, 137, 228, 235, 251 Norway 228–9, 231, 235 obesity xiv, 24, 28, 171, 264 Office for Budget Responsibility (OBR) 240 Office for National Statistics (ONS) 236, 240, 249, 257 OFWAT 75, 78 oil 3, 12, 42, 45, 136, 159, 219, 228, 231, 235 oilseed rape 5, 37, 83, 85, 86, 95, 101, 183, 198, 207 organic farming 96–7, 119, 197, 223 organochlorines 96 organophosphates 96 osprey 161 Otmoor 8 otter 40, 61 Ouse, River 31 owl xi, 85, 115, 195, 253 oxbow lakes 30, 61 Oxford–Cambridge Corridor 46 Oxford concrete canal 30–1, 220 Parish, Neil 182 parks, urban xiv, 7, 23, 25, 34, 46, 155–6, 160, 170, 185, 221, 250 Parrot, River 63 Peak District 67, 105, 123, 158 peat 22, 61, 62, 63, 67, 82, 118, 119, 124, 163, 164, 170, 189, 201, 235 Pennines 1, 47, 90, 105, 120 peregrine falcon 40, 84, 160, 161–2 pesticides xii, 21, 22, 43, 45, 65, 82, 83, 84, 95, 96, 100, 102, 124, 197, 199, 200, 201, 216, 223, 243, 244 pharmaceutical industry 43, 61, 68 pheasant 33, 101, 114–16, 119, 190 phosphates 4–5, 20, 22, 77, 96, 136, 198 Pickering, River 31 pigeon 159–60, 161 pine marten 40 Planet Earth (TV series) 3 planning 52, 54, 56, 73, 74, 75, 76, 86, 89, 117, 118, 144, 146, 157, 166, 168, 169, 207, 208, 209, 213, 245, 248 Planning Act (1947) 52, 208 plastics xii, xiv, 2, 4, 5, 17, 34, 43, 45, 56, 128, 131, 136, 150, 188, 196, 201, 244 taxing 200–1, 223, 244 pollinators 5, 6, 7, 18, 25. 84 polluter-pays principle 9, 10–11, 12, 22, 34, 56, 66, 67, 68–9, 74, 87–8, 99–100, 102, 103, 104, 114, 137, 170, 179, 195–218, 219, 220, 225, 241, 244, 245, 249, 258, 265, 266 developers, net environmental gain and 205–9 fines for pollution and 203–5 hypothecation or earmarking of revenues to specific green expenditure 202–3, 224–5 improvements that come from economics of 216–18 money raised from 202–3 Nature Fund and 202–3, 209 net gain environmental gain principle and 195, 205–9 precautionary principle and 83–4, 195 pricing 198–201 principle of 195–8 subsidies and 210–15 Poole Harbour 78, 191 population growth xii, 11, 44, 47–50, 52, 55, 58, 166, 183 Porlock Marshes, Somerset 133 potholes 24 power stations 53, 83, 109, 130, 135, 159, 186, 203 precautionary principle 11, 83–4, 142, 194, 195, 218 public goods 10, 12, 23–4, 58, 75, 92, 93, 95, 98, 99, 102, 103, 104, 112, 118, 119, 122–3, 124, 125, 126, 149, 167–8, 175–94, 195, 208, 210, 212, 217, 218, 232, 237, 241, 244, 247, 249, 258, 265, 266, 268 definition of 176–9 ecosystems and coordination 179–81 importance of, relative 181–4 Nature Fund and 232, 237 polluter-pays principle and 195, 208, 210, 212, 217–18 private interests and 189–93 public money for public goods principle 9, 103, 181–2, 189, 191, 193, 210, 217, 218, 232, 244, 247, 249, 258, 265, 266 richer and greener public spaces 193–4 spending, allocating 184–9 25 Year Environment Plan and 241, 244, 247, 249, 258 railway 3, 7, 8, 11, 17, 25, 29, 35, 37, 54, 80, 170, 206, 234 rats 146, 147, 150 Ray, River 8 Rebanks, James: The Shepherd’s Life 111 red deer 110, 112, 116 red kite 4, 21, 40, 161 red lists 18, 185 redshank 31 redstart 185 reed beds 19, 20, 72 re-introduction programs 4, 31, 108, 161, 250, 267 renewable energy 28, 37, 57, 89, 124, 135 renewable natural capital 12, 18, 28, 43, 69, 82–3, 123, 137, 140, 141, 142, 185, 195, 205, 206, 219, 228, 231, 235, 237, 245, 246, 250, 257 rewilding 2, 36, 45, 91, 106–10, 111, 119, 124, 140, 240, 267 Rhine, River 34, 136 rivers 9, 17, 264 access to 61, 169, 180, 181, 189, 191, 248 algae blooms and 196–7, 216–17, 251 biologically dead 40, 158 catchment system plan and operator 9, 74–8, 118, 190, 193, 240, 248, 259, 260, 266 climate change and 44 current spending on 220 estuaries 17, 20, 30, 74, 128, 134–5, 136, 138, 181, 186, 196, 208, 209, 215, 251, 253 eutrophication of 19, 196–7 farm pollution and 4, 5, 19–21, 22, 43–4, 61, 62, 64–6, 74, 76, 81, 85, 96, 123, 196–8, 203–4, 205, 207, 216–17, 224, 242, 248, 251 fish stocks and 138 flooding and 8, 30–1, 44, 61, 62–3, 65–6, 72–4, 75, 76, 77, 81, 181, 189, 190, 191, 192, 219, 220, 248, 253, 257, 260, 268 floodplains 61, 73–4, 77 fly life and 19, 41 housing/urban centres/roads and 72–4 industrial pollution and 19–21, 61, 67–9, 77 integrated management 7, 9, 19, 74–8, 118, 190, 193, 240, 248, 259, 260, 266 meanders 30, 61 National Parks and 118 natural capital approach to 30–2, 36, 61, 63, 76, 260, 268 Nature Fund and 220, 224–5, 240 oxbow lakes and 30, 61 polluter-pays principle and 9, 196–8, 203–4, 205, 207, 216–17 pollution of 4, 5, 19–21, 22, 43–4, 61, 62–9, 74, 76, 81, 85, 88, 96, 123, 132, 158, 181, 190, 191, 192, 196–8, 203–4, 205, 207, 216–17, 219, 220, 224, 225, 242, 244, 248, 251 public good concept and 180, 181, 185, 186, 188, 189, 190–1 recreation on 61, 73 restoring 61–78 sewage and 19–20, 23, 42, 61, 69, 76 soil erosion and 19, 191, 248 State of Nature Review and 248 upper rivers, protecting 62–3, 254–5 water abstractions from 43, 53, 61, 66, 70–1, 72, 73, 74, 75, 103, 220 water companies and see water companies water quality and 23, 28, 29, 43, 61, 63, 69–72, 158, 180, 190, 197–8, 220, 242, 253, 260 wildlife/biodiversity along 61, 97, 98, 165, 180, 189, 190, 191, 198 road verges 7, 8, 35 roads xii, xiv, 7, 8, 29, 35, 54, 215, 226 romantic art/literature 39, 91, 92 Roundup 44, 95 rowan 123 RSPB (Royal Society for the Protection of Birds) 42, 133, 165, 177, 185, 220, 221, 225, 236, 239 rubbish disposal 43, 69, 128, 131, 136, 150, 204 run-off 4, 5, 22, 62, 61, 65–6, 67, 72, 73, 74, 88, 123, 132, 158, 196, 207, 216, 224, 242, 251 St Agnes 139, 146 Salisbury Plain 238 salmon 222, 37, 40, 45, 46, 61, 135, 138, 139, 144, 252 sand eels 45, 46, 138, 139 schools 34, 99, 169–70, 171, 207, 247 Scotland 22, 105, 106, 108, 114, 131, 139–40, 203 Scots pine Caledonian forests 107 Scottish Environment Protection Agency (SEPA) 65 seabirds 34, 129, 130, 137, 138–9, 140, 142, 143, 144, 146, 147, 150, 263 sea eagle 4, 161 sea walls xi, 128, 132, 134, 143, 145, 151, 186 seas 1, 2, 4, 5, 128, 250 climate and 127–8 fishing and 17, 22, 135, 136–9, 141–5, 160 pollution of 4, 6, 34, 40, 45, 56, 68, 71, 128–9, 132, 136, 158, 205 returning to good health 140–50 rising levels 63, 74, 133, 134, 253 State of Nature Review and 248 Severn: Estuary 134, 135, 209 River 31 sewage 19–20, 23, 25, 34, 40, 43, 53, 61, 68, 69, 70, 71–2, 74, 75, 76, 128, 131, 132, 136, 155, 158, 180, 196, 197, 204, 264 sheep farming 11, 21–2, 23, 33, 62–3, 64, 74, 87, 101, 106–7, 108, 110–11, 113, 119, 122, 124, 125, 183, 190, 210, 211, 217, 218, 264, 267 Sheffield City Council 8, 23, 157 shellfish 24, 128, 135, 141–2, 143, 151 Shetland 139 Shiants 139, 146 shipping 45, 46, 127, 129, 136, 147, 148, 204, 205 shooting, game 4, 33, 34, 45, 101, 106, 112–16, 119, 183, 190, 203, 204, 205, 222, 258 silage 109, 124 silt 19, 21, 32, 43, 44, 63, 65, 66, 67, 74, 81, 88, 207 Sites of Special Scientific Interest (SSSIs) 75, 119, 130, 181, 185, 257 skylark xi, xii slug pellets 85, 163, 170 slurry 21, 22, 64–5, 74, 179, 180, 190, 203, 204, 205, 224 snake’s head fritillaries 31 snowy owl 253 soils 133, 217, 224, 242, 245, 247, 250 carbon in 7, 184, 216, 246 erosion/degradation and restoration of xiv, 4, 6, 18, 19, 21, 25, 32–3, 39, 41, 44, 61, 62, 63, 65, 81–3, 94, 96, 103, 123, 157, 163, 184, 189, 190, 191, 198, 207, 211, 216, 248, 250, 251, 264 Solway Firth 134, 253 Somerset Levels 63, 65 South Downs 1, 105, 117 South West Coast Path 128 South West Water 63, 78, 125–6 sovereign wealth funds 12, 228–9, 231, 233, 235 species protection 18–19 State of Nature Review 248 Steart Marshes 133 Stern, Nicholas: ‘Economics of Climate Change’ 229 Stour, River 134 subsidies: bidding for 191, 192 business rates and 88, 89, 102, 213, 214 Common Agricultural Policy (CAP) xii, 45, 75, 80, 88, 89, 90, 97, 102–3, 110–11, 126, 141, 191, 193, 204, 210–13, 217, 218, 220–1, 226, 232, 234, 239, 241, 243, 244, 247 Common Fisheries Policy (CFP) 142 cross-compliance and 97, 98, 251 farming xii, 2, 7, 8, 9, 10, 11, 12, 21, 22, 23, 34, 45, 62–3, 75, 76, 78, 79, 80, 81, 82, 87, 88–90, 95, 97, 100, 101, 102–4, 110–11, 118, 119–20, 122, 124, 126, 139, 183, 184, 188, 191, 192, 195, 204, 205, 210–18, 219, 220–1, 226–7, 232, 234, 239, 241, 243, 244, 247, 253 fishing 22, 142, 221 flood risk insurance and 73 focusing on public rather than private goods 7, 12, 23 102, 104, 118, 167, 168, 182, 184, 188, 191, 212–13, 216–18, 232 food and 100–4, 210–13 fuel duty and 214 improvements from removing 216–18 industrial policy and infrastructure and 215 inheritance tax and 88, 89, 213–14, 217 islands and 139 land ownership and 89–90, 97, 103, 193, 212 landowner subsidies and bird killing in the uplands 119–20 National Parks and 118, 221 Nature Fund and 220–2, 226–7, 232, 239 NFU defence of 182, 183, 211 pollution and 23, 77, 195, 204, 205, 210–18 rivers and 62–3, 73, 75, 76, 78 tourism and 34 25 Year Environment Plan and 241, 243, 247, 248, 253, 258 upland sheep farming and 11, 22, 23–4, 62–3, 106, 110–11, 118, 122, 124, 126, 211, 220–1, 267 zero subsidies concept 45 Surfers Against Sewage 34, 131 Sustainable Soils Alliance 81–2 swallow xi, 3, 13, 18, 35, 37, 47, 84, 185, 187, 195, 261 sweet vernal grass 31 swift 37, 47, 161, 182, 185 Taff, River 20 tariffs 87, 88, 89, 102, 104 Tarr Steps, Exmoor 125 Taw, River 134 taxes: farming and 23, 79, 80, 88, 89, 90, 95, 100, 102, 106 housing and 52 Nature Fund and 227, 234 pollution 12, 23, 199, 200, 202, 203, 210, 213–14, 215, 217, 222–5 public goods and 178, 179 selling land for development and 168 25 Year Environment Plan and 244, 253 technology: AI (artificial intelligence) 230, 252–4, 255, 258 aides destruction of nature 5–7, 80–1 air quality and 154, 169, 254, 255 farming and 5–7, 80–1, 96, 120, 223, 253 fishing and 136, 143, 144 pollution detection and 65, 251, 253, 254, 255 renewable energy 28, 37–8, 57, 89, 124, 135 routes to a greener world through 6–7, 9, 28, 65, 230–1, 251–5 25 Year Environment Plan and 251–5, 256 waste crime detection and 205 wastewater and sewage detection 69 Thames: Estuary 134, 186, 208 Gateway 20, 134–5, 208, 226 River 8, 20, 34, 40, 74, 98, 134–5, 136, 158, 186, 192, 203–4, 220 Tideway 20, 53, 74 Thames Water 159, 203–4 Thelwall Viaduct 158 ‘The Natural Choice’ (White Paper, 2011) xii–xiii, 13, 265–6 thrush 85, 163, 164, 170 tidal lagoons 128, 135, 209 toad 35, 164 Tone, River 63 Torridge, River 134 tourism 7, 24, 34, 55 agriculture and 90–3 coasts and 127, 128, 131, 133, 139, 140, 148–50 growth of countryside/nature 90–3 Nature Fund and 232 pollution and 222 public goods and 181, 190 rivers and 73 uplands and 111, 119, 120–1, 125 towns/cities 9, 10, 20, 22–3, 24, 29, 30, 31, 34–5, 46, 50, 51, 53, 58, 85, 98, 108, 129, 152–71 air pollution and 153–4, 155, 157, 167, 254 a biodiverse and green urban environment 170–1 coastal 129 green corridors in 164–5 greener streets and roofs 157–8, 170 green spaces in, new 161–5, 170 housing and see housing link with nature 152 natural capital solutions for 154–7 Nature Fund and 221 nature/wildlife in the 158–61 outer rings/Green Belt 165–70 parks, urban xiv, 7, 23, 25, 34, 46, 155–7, 160, 170, 185, 221, 250 rivers and 20, 30, 31, 72–4 State of Nature Review and 248 water quality in 153, 155, 158 tragedy of the commons 24, 137, 175 Treasury 10, 29, 77, 188, 218, 219, 220, 223–4, 226, 227, 229, 232, 247, 267 trees 33, 156, 190, 207, 212 cutting down 8, 23, 157 flood management and 30 planting 7, 10, 35, 157, 221 towns/cities and 7, 10, 160, 162, 170 uplands and 106, 107, 110 Tresco 147 turtle dove 18, 84, 243, 250 25 Year Environment Plan xv, 12–13, 28, 94, 118, 181, 184, 188, 222, 232, 233, 240, 241–62, 265, 266, 267–8 accounting basis and metrics 245–7 Big Data, GPS, genomics and 250–5, 258 embedding/delivery body 255–61 European and global dimensions 242–3 how the bits fit together 244–5 making governments stick to 261–2 prioritising within 247–8 revising 248–50 top-down plan, why we need a 242 Two Moors Way 98 Twyford Down 208 Tyne, River 138 Tyneside 74 United Utilities 63, 78 uplands 9, 17, 19, 21–2, 29, 30, 33–4, 39, 40, 43, 45, 62, 72, 98, 104, 105–26, 185, 188, 189, 191, 214, 240, 248, 264, 266, 267, 268 access to 105–6 birds in 4, 33, 36, 40, 45, 84, 106, 113–14, 115, 116, 119–20, 123, 160, 161–2, 183, 185, 190, 203, 204, 205, 250, 258 see also individual bird type deer and 33–4, 36, 106, 107, 108, 109, 110, 112, 115, 116, 119, 147, 190 game shooting and 4, 33, 34, 45, 101, 106, 112–16, 119, 183, 190, 203, 204, 205, 222, 258 managing for people and wildlife 123–6 National Parks and 116–18, 121 Nature Fund and 220–1 population 120–3 public benefits in 118–20 rewilding and 106–10 rivers and 62–3, 71–2 second home owners and 121 sheep farming and 11, 21–2, 23–4, 33, 62, 106–7, 110–11, 113, 119, 122, 182, 211, 212, 217, 218, 264, 267 State of Nature Review and 248 tourism and 120–1 trees and 106, 107, 110 25 Year Environment Plan and 241, 245, 248, 257 as wildlife refuge 21–2, 118–20, 123–6 visitor charge 125 volunteers 125, 147, 149, 150 wading birds 123 Wallasea Island 133, 143 walls: green 35, 162, 165, 170, 221 maintenance of 119, 123, 124–5, 167–8 sea xi, 128, 132, 133, 134, 135, 143, 145, 151, 186 stone 31, 103, 120, 123, 124–5, 167–8, 180 water quality/cleanliness xvi, 8, 264, 268 Blue Flag system/EU Bathing Water Directive and 131–2 farm pollution and xiv, 19, 23, 43–4, 63, 65–6, 72, 78, 81, 85, 88, 190, 191 future of 28, 220, 221, 222, 225, 242, 243, 244, 246, 247, 249, 253, 258, 260, 262 improvements in 39, 41, 43–4 industrial pollution and 19–20, 68–9 Nature Fund and 219, 220, 221, 222, 225 peat bogs and 63, 78, 119, 124, 125–6 polluter-pays principle and 196, 197–8, 199, 203–4, 207, 215 public goods concept and 181, 189, 190, 191 rivers and 23, 28, 29, 43, 61, 63, 69–72, 158, 180, 190, 197–8, 220, 242, 253, 260 towns/cities and 153, 155, 158 25 Year Environment Plan and 242, 243, 244, 246, 247, 249, 253, 258, 260, 262 wastewater and 69 water companies and see water companies water companies 181 cleanliness of water and xiv, 23, 63, 68, 69–72, 78, 81, 85, 88, 125–6, 190, 191, 197–8, 203–4, 215, 219, 220, 221, 222, 225, 242, 244, 253, 258, 260 Exmoor Mires Project and 63, 78, 125–6 farm pollution and xiv, 23, 63, 78, 81, 85, 88, 125–6, 190, 191 flood defences and 192 Forest of Bowland project 63 grey water system and 71 natural capital approach to river catchment system as a whole and 75–8 Nature Fund and 219, 220, 221, 222, 225 pharmaceuticals in water and 68 polluter-pays principle and 197–8, 203–4, 215 regulation of 75, 78 sewage and 71–2 25 Year Environment Plan and 242, 244, 253, 258, 260 water abstractions and 43, 53, 61, 66, 70–1, 72, 73, 74, 75, 103, 220 water bills and 20, 23, 75, 77, 78, 88, 131–2, 191 water leakage and 25, 61, 70–1, 74 water meadows 31, 66, 79, 103 weedkillers 163, 170 Wessex Water 78, 191 West Canvey Marsh 130 West Thurrock Lagoons 130, 159 wetlands 8, 74, 133, 159, 186, 234, 236, 237 wheat 86, 101 Wildfowl & Wetlands Trust 133 wildlife corridors 4, 7, 17, 31, 97–9, 118, 129, 150, 164–5, 167, 169–70, 180, 186, 191, 234, 247, 250 Wildlife Trusts 8, 75, 76, 125, 146, 177, 185, 192, 220, 221, 225, 236, 237 Wilson, E.

Can this damage be squared with enhancing the natural environment? Only if there is compensation over and above the damage to the natural environment elsewhere. This is the net environmental gain principle: any damage must result in not just offsetting it, but by a positive margin. The positive margin is the precautionary principle in action. Money is currently spent in silos, notably the agricultural subsidies. Winning the prize, and making sure we hang on to it, requires cementing the money into a comprehensive and integrated framework. Chapter 10 sets out how to do this within a Nature Fund. This acts a bit like sovereign wealth funds do for oil- and gas-producing countries.


pages: 551 words: 174,280

The Beginning of Infinity: Explanations That Transform the World by David Deutsch

agricultural Revolution, Albert Michelson, anthropic principle, Apollo 13, artificial general intelligence, Bonfire of the Vanities, Charles Babbage, Computing Machinery and Intelligence, conceptual framework, cosmological principle, dark matter, David Attenborough, discovery of DNA, Douglas Hofstadter, Easter island, Eratosthenes, Ernest Rutherford, first-past-the-post, Georg Cantor, global pandemic, Gödel, Escher, Bach, illegal immigration, invention of movable type, Isaac Newton, Islamic Golden Age, Jacquard loom, Johannes Kepler, John Conway, John von Neumann, Joseph-Marie Jacquard, Kenneth Arrow, Loebner Prize, Louis Pasteur, mirror neurons, Nick Bostrom, pattern recognition, Pierre-Simon Laplace, precautionary principle, Richard Feynman, Search for Extraterrestrial Intelligence, seminal paper, Stephen Hawking, supervolcano, technological singularity, Thales of Miletus, The Coming Technological Singularity, the scientific method, Thomas Malthus, Thorstein Veblen, Turing test, Vernor Vinge, Whole Earth Review, William of Occam, zero-sum game

Pessimists believe that the present state of our own civilization is an exception to that pattern. But what does the precautionary principle say about that claim? Can we be sure that our present knowledge, too, is not riddled with dangerous gaps and misconceptions? That our present wealth is not pathetically inadequate to deal with unforeseen problems? Since we cannot be sure, would not the precautionary principle require us to confine ourselves to the policy that would always have been salutary in the past – namely innovation and, in emergencies, even blind optimism about the benefits of new knowledge? Also, in the case of our civilization, the precautionary principle rules itself out. Since our civilization has not been following it, a transition to it would entail reining in the rapid technological progress that is under way.

If we did not expect progress, why should we expect the new leader or policy, chosen by whatever method, to be any better than the old? On the contrary, we should then expect any changes on average to do as much harm as good. And then the precautionary principle advises, ‘Better the devil you know than the devil you don’t.’ There is a closed loop of ideas here: on the assumption that knowledge is not going to grow, the precautionary principle is true; and on the assumption that the precautionary principle is true, we cannot afford to allow knowledge to grow. Unless a society is expecting its own future choices to be better than its present ones, it will strive to make its present policies and institutions as immutable as possible.

The defenders of hereditary monarchy doubted that any method of selection of a leader by means of rational thought and debate could improve upon a fixed, mechanical criterion. That was the precautionary principle in action, and it gave rise to the usual ironies. For instance, whenever pretenders to a throne claimed to have a better hereditary entitlement than the incumbent, they were in effect citing the precautionary principle as a justification for sudden, violent, unpredictable change – in other words, for blind optimism. The same was true whenever monarchs happened to favour radical change themselves.


pages: 415 words: 102,982

Who’s Raising the Kids?: Big Tech, Big Business, and the Lives of Children by Susan Linn

Albert Einstein, algorithmic bias, Apple's 1984 Super Bowl advert, augmented reality, benefit corporation, Big Tech, big-box store, BIPOC, Black Lives Matter, British Empire, cashless society, clean water, coronavirus, COVID-19, delayed gratification, digital divide, digital rights, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, fake news, gamification, George Floyd, Howard Zinn, impulse control, Internet of things, Isaac Newton, Jaron Lanier, Jeff Bezos, Kevin Roose, Khan Academy, language acquisition, late fees, lockdown, longitudinal study, Mark Zuckerberg, market design, meta-analysis, Minecraft, neurotypical, new economy, Nicholas Carr, planned obsolescence, plant based meat, precautionary principle, Ralph Nader, RAND corporation, randomized controlled trial, retail therapy, Ronald Reagan, Salesforce, Shoshana Zuboff, Silicon Valley, Snapchat, Steve Jobs, surveillance capitalism, techlash, theory of mind, TikTok, Tim Cook: Apple

A society that values public health over profits could invoke the precautionary principle to prevent companies from marketing potentially harmful products and practices. The precautionary principle is a guide to societal decision-making rooted in that old adage “look before you leap.” It acknowledges that innovation in science and technology proceeds faster than does an understanding of the ecological, public health, and humanitarian consequences of the inventions it spawns. Employing the precautionary principle allows science-based public health concerns to influence how or whether a product or practice can be used. The precautionary principle has been officially adopted by the European Union and various international agreements, but by not the United States.14 The United Nations Education, Science and Culture Organization (UNESCO) recommends invoking the precautionary principle “when human activities may lead to morally unacceptable harm that is scientifically plausible but uncertain” and advises that “actions shall be taken to avoid or diminish that harm.”15 UNESCO identifies as “morally unacceptable” harm that threatens human life or health, is irreversible, is in potential violation of human rights, or is unfair—including harm to future generations.

The precautionary principle has been officially adopted by the European Union and various international agreements, but by not the United States.14 The United Nations Education, Science and Culture Organization (UNESCO) recommends invoking the precautionary principle “when human activities may lead to morally unacceptable harm that is scientifically plausible but uncertain” and advises that “actions shall be taken to avoid or diminish that harm.”15 UNESCO identifies as “morally unacceptable” harm that threatens human life or health, is irreversible, is in potential violation of human rights, or is unfair—including harm to future generations. The precautionary principle has been invoked primarily to prevent environmental degradation or physical harm to humans.

For another, while the body of research available on young children and digital technologies is growing, it’s still in its early stages. Basically, we have two choices. One is to acknowledge that research is incomplete, so we tell parents not to worry about young children’s time with tech until there’s robust research suggesting harm. Another is to employ the precautionary principle. We acknowledge that the research is incomplete, but we urge parents to limit young children’s exposure to tech until there is robust research suggesting that it’s beneficial, or at least harmless. When it comes to children’s health and wellbeing, the latter makes more sense to me. That’s why I think the most useful recommendations based on available research come from the international pediatric public health community.1 Around the world, pediatric public health organizations are in near universal agreement that it is best to avoid screen time for babies and toddlers and to limit time for preschoolers to less than an hour a day.


pages: 420 words: 130,714

Science in the Soul: Selected Writings of a Passionate Rationalist by Richard Dawkins

agricultural Revolution, Alfred Russel Wallace, anthropic principle, Any sufficiently advanced technology is indistinguishable from magic, Boeing 747, book value, Boris Johnson, David Attenborough, Donald Trump, double helix, Drosophila, epigenetics, fake news, Fellow of the Royal Society, Ford Model T, Google Earth, Gregor Mendel, John Harrison: Longitude, Kickstarter, lone genius, Mahatma Gandhi, mental accounting, Necker cube, Neil Armstrong, nuclear winter, out of africa, p-value, phenotype, place-making, placebo effect, precautionary principle, public intellectual, random walk, Ray Kurzweil, Richard Feynman, Search for Extraterrestrial Intelligence, stem cell, Stephen Hawking, Steve Wozniak, Steven Pinker, Stuart Kauffman, the long tail, the scientific method, twin studies, value engineering

I’d call your attention especially to the subtitle: Science as a Candle in the Dark. AFTERWORD One important principle which I should have mentioned by name in my letter to Prince Charles is the precautionary principle. He is certainly right that, where new and untried technologies are concerned, we should lean towards the conservative. If something is untried and we don’t know the consequences, it behoves us to err on the side of caution, especially where long-term futures are at stake. It is the precautionary principle that requires apparently promising new cancer drugs to jump through hoops and over hurdles before being certified for general use. Such risk-averse hurdles can reach ludicrous heights, as when patients who are already at death’s door are denied access to experimental drugs which just might save their lives but which have yet to be certified as ‘safe’.

Such risk-averse hurdles can reach ludicrous heights, as when patients who are already at death’s door are denied access to experimental drugs which just might save their lives but which have yet to be certified as ‘safe’. Terminal patients have a different conception of ‘safe’. But in general it is hard to deny the wisdom of the precautionary principle, sensibly balanced against the huge advantages that scientific innovation can bring. While I’m on the precautionary principle, please forgive a digression into contemporary politics. Normally I would fight shy of up-to-the-minute currency, for fear of anachronizing future editions of a book. J. B. S. Haldane’s and Lancelot Hogben’s otherwise admirable writings of the 1930s are marred by political barbs that are obtrusively incomprehensible today.

For the sake of short-term political manoeuvring within his own party, David Cameron played Russian roulette with the long-term future of his country, of Europe, even of the world. And so, to the precautionary principle. The referendum was about a major change, a political revolution whose pervasive effects would persist for decades if not longer. A huge constitutional change, the sort of change where, if ever, the precautionary principle should have been paramount. When it comes to constitutional amendments, the United States requires a two-thirds majority in both houses of Congress followed by ratification by three-quarters of the state legislatures.


pages: 350 words: 96,803

Our Posthuman Future: Consequences of the Biotechnology Revolution by Francis Fukuyama

Albert Einstein, Asilomar, assortative mating, Berlin Wall, bioinformatics, caloric restriction, caloric restriction, classic study, Columbine, cotton gin, demographic transition, digital divide, Fall of the Berlin Wall, Flynn Effect, Francis Fukuyama: the end of history, impulse control, life extension, Menlo Park, meta-analysis, out of africa, Peter Singer: altruism, phenotype, precautionary principle, presumed consent, Ray Kurzweil, Recombinant DNA, Scientific racism, selective serotonin reuptake inhibitor (SSRI), sexual politics, stem cell, Steven Pinker, Stuart Kauffman, The Bell Curve by Richard Herrnstein and Charles Murray, Turing test, twin studies

Bryan, “Regulation of Genetically Modified Organisms in the European Union,” American Behavioral Scientist 44 (2000): 378–434; and Marsha Echols, “Food Safety Regulation in the EU and the US: Different Cultures, Different Laws,” Columbia Journal of European Law 23 (1998): 525–543. 9 The 1990 directives do not mention the precautionary principle, but their language is not inconsistent with it. The first explicit mention of the precautionary principle is made in the Maastricht Treaty of 1992. See MacKenzie and Francescon (2000). See also Jonathan H. Adler, “More Sorry Than Safe: Assessing the Precautionary Principle and the Proposed International Biosafety Protocol,” Texas International Law Journal 35, no. 2 (2000): 173–206. 10 Patterson, in Wallace and Wallace (2000), pp. 324–328. 11 World Trade Organization, Trading into the Future, 2d ed., rev.

The Europeans regarded adoption of the Cartagena Protocol as a victory for the precautionary principle; it will come into force when it is ratified by fifty countries.13 The United States cannot sign the protocol because it is not a party to the parent Convention on Biological Diversity (the so-called Rio Treaty), though as the largest exporter of GMO products, it may be forced to abide by the protocol’s provisions.14 The regulatory regime surrounding agricultural biotechnology has been extremely controversial, with the biggest fights occurring between the United States and the EU.15 The United States has not accepted the precautionary principle as a risk standard, arguing instead that the burden of proof must lie with those who claim that safety or environmental harms exist, rather than with those who claim they do not.16 The United States has also opposed the mandatory labeling of GMOs, since labeling requirements force an expensive separation of the GMO and non-GMO food processing chains.17 The United States is particularly concerned that the Cartagena Protocol may undermine the WTO’s SPS provisions and provide a legal basis for restrictions on imports of GMO products that are not scientifically based.

In 1990 it issued two directives, the first on the contained use of genetically modified microorganisms (Directive 90/219), and the second on the deliberate release into the environment of genetically modified organisms (Directive 90/220).8 These directives laid the groundwork for evaluating new biotech products on the basis of a “precautionary principle,” which asserts in effect that products should be presumed guilty until proven innocent of potentially threatening the environment or public health.9 These were supplemented in 1997 by Regulation 97/258, which required the labeling of so-called novel food. A further directive on GMOs was adopted by the EU Council of Ministers, requiring strict oversight and labeling of biotech products, tightening up the constraints imposed by earlier legislation.


pages: 381 words: 78,467

100 Plus: How the Coming Age of Longevity Will Change Everything, From Careers and Relationships to Family And by Sonia Arrison

23andMe, 8-hour work day, Abraham Maslow, Albert Einstein, Anne Wojcicki, artificial general intelligence, attribution theory, Bill Joy: nanobots, bioinformatics, caloric restriction, caloric restriction, Clayton Christensen, dark matter, disruptive innovation, East Village, en.wikipedia.org, epigenetics, Frank Gehry, Googley, income per capita, indoor plumbing, Jeff Bezos, Johann Wolfgang von Goethe, Kickstarter, Larry Ellison, Law of Accelerating Returns, life extension, Nick Bostrom, personalized medicine, Peter Thiel, placebo effect, post scarcity, precautionary principle, radical life extension, Ray Kurzweil, rolodex, Silicon Valley, Silicon Valley billionaire, Simon Kuznets, Singularitarianism, smart grid, speech recognition, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, Steven Levy, sugar pill, synthetic biology, Thomas Malthus, upwardly mobile, World Values Survey, X Prize

Table of Contents Also by Sonia Arrison Title Page Dedication Foreword CHAPTER 1 - Humankind’s Eternal Quest for the Fountain of Youth IT’S OUR FAULT OVERCOMING DEATH, IMAGINING TRAGIC RESULTS FIGHTING DEATH CHAPTER 2 - How Science and Technology Will Increase Life Span REDEFINING OLD AGE SCIENCE FICTION BECOMING REALITY LEARNING FROM SALAMANDERS MANIPULATING CELLS MANIPULATING GENES THE PLASTICITY OF AGING THE SEARCH FOR AN ANTIAGING PILL GREATEST ENGINEERING PROJECT OF ALL TIME CHAPTER 3 - Mother Nature and the Longevity Revolution THE EARTH’S ABILITY TO HANDLE LONGER-LIVED HUMANS MODELING POPULATIONS WITH LONGER LIVES WHY THOMAS MALTHUS WAS WRONG OLDER, RICHER, AND CLEANER NEXT STEPS PRECAUTIONARY PRINCIPLE VERSUS INNOVATION CHAPTER 4 - The Longevity Divide NATURE AND HUMANITY THE PRUDENCE OF AUGMENTING NATURE THREAT OF EUGENICS? RESOURCE USE AND SOCIAL JUSTICE HUMAN RIGHTS, GENETIC WARFARE, AND ECONOMIC DIVIDES INNOVATION, EXPONENTIAL GROWTH, AND DISTRIBUTION OF TECHNOLOGY WOULD OUR ANCESTORS HAVE WANTED TO LIVE LONGER?

Some even see a day when tiny and intelligent nano robots, or “nano-bots,” would be able to self-replicate and pose a danger to all life on earth. This leads us then to an important question: is nanotech the coal of the second industrial revolution, and could its use lead to greater destruction than we have ever seen before? PRECAUTIONARY PRINCIPLE VERSUS INNOVATION Perhaps the most famous critic of nanotechnology is Bill Joy, a cofounder and former chief scientist of Sun Microsystems. In a Wired magazine article in 2000, Joy worried that “we are being propelled into a new century with no plan, no control, no brakes.” Specifically, he worried about robots, engineered organisms, and nano-bots that can self-replicate.

They recommended six steps to evaluate the safety of nanomaterials: describing the materials and applications; profiling life cycles; evaluating risks; assessing risk management techniques; deciding, documenting, and acting; and reviewing and adapting.70 Essentially, the plan comprises examining the facts, implementing fixes where necessary, and continuing to monitor the situation. This type of strategy is a good middle ground between being overly cautious and not monitoring the technology at all. Some activists, however, have rejected such reasonable methods of action, instead preferring to invoke an idea called the “precautionary principle,” which essentially states that unless industry can prove with 100 percent certainty that a product is safe, then it can’t be produced or sold. This principle might sound good in theory, but it can never be fulfilled because there are many variables involved with product safety and problems often don’t present themselves in obvious ways.


pages: 306 words: 82,765

Skin in the Game: Hidden Asymmetries in Daily Life by Nassim Nicholas Taleb

anti-fragile, availability heuristic, behavioural economics, Benoit Mandelbrot, Bernie Madoff, Black Swan, Brownian motion, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, cellular automata, Claude Shannon: information theory, cognitive dissonance, complexity theory, data science, David Graeber, disintermediation, Donald Trump, Edward Thorp, equity premium, fake news, financial independence, information asymmetry, invisible hand, knowledge economy, loss aversion, mandelbrot fractal, Mark Spitznagel, mental accounting, microbiome, mirror neurons, moral hazard, Murray Gell-Mann, offshore financial centre, p-value, Paradox of Choice, Paul Samuelson, Ponzi scheme, power law, precautionary principle, price mechanism, principal–agent problem, public intellectual, Ralph Nader, random walk, rent-seeking, Richard Feynman, Richard Thaler, Ronald Coase, Ronald Reagan, Rory Sutherland, Rupert Read, Silicon Valley, Social Justice Warrior, Steven Pinker, stochastic process, survivorship bias, systematic bias, tail risk, TED Talk, The Nature of the Firm, Tragedy of the Commons, transaction costs, urban planning, Yogi Berra

And of course ecocide, the irreversible destruction of our environment, is the big one to worry about. To use the ergodic framework: my death at Russian roulette is not ergodic for me but it is ergodic for the system. The precautionary principle, as I formulated with a few colleagues, is precisely about the highest layer. About every time I discuss the precautionary principle, some overeducated pundit suggests that “we take risks by crossing the street,” so why worry so much about the system? This sophistry usually causes a bit of anger on my part. Aside from the fact that the risk of being killed as a pedestrian is less than one in 47,000 years, the point is that my death is never the worst-case scenario unless it correlates to that of others.

It also classifies risks in layers (from the individual to the collective) and manages to prove that courage and prudence are not in contradiction provided one is acting for the benefit of the collective. It explains ergodicity, which was left hanging. Finally, the chapter outlines what we call the precautionary principle. Appendix: Asymmetries in Life and Things TABLE 2 • ASYMMETRIES IN SOCIETY WHERE WE LEFT OFF IN ANTIFRAGILE NO SKIN IN THE GAME SKIN IN THE GAME SKIN IN THE GAME OF OTHERS, OR SOUL IN THE GAME (Keeps upside, transfers downside to others, owns a hidden option at someone else’s expense) (Keeps his own downside, takes his or her own risk) (Takes the downside on behalf of others, or for universal values) Bureaucrats, policy wonks Citizens Saints, knights, warriors, soldiers Consultants, sophists Merchants, businessmen Prophets, philosophers (in the pre-modern sense) Large corporations with access to the state Artisans Artists, some artisans Corporate executives (with suit) Entrepreneurs Entrepreneurs/Innovators Scientists who play the system, theoreticians, data miners, observational studies Laboratory and field experimenters Maverick scientists who take risks with conjecture at distance from common beliefs Centralized government Government of city-states Municipal government Copy editors Writers, (some) editors Real writers Journalists who “analyze” and predict Speculators Journalists who take risks and expose frauds (powerful regimes, corporations), rebels Politicians Activists Dissidents, revolutionaries Bankers Hedge fund traders (They would not engage in vulgar commerce) Seeks awards, prizes, honors, ceremonies, medals, tea with the Queen of England, membership in academies, handshake with Obama Highest—even only—award is death for one’s ideas or positions: Socrates, Jesus, Saint Catherine, Hypatia, Joan of Arc Book 2 * * * A FIRST LOOK AT AGENCY Chapter 1 Why Each One Should Eat His Own Turtles: Equality in Uncertainty Taste of turtle—Where are the new customers?

The entire fifty-nine minutes were summarized by the press and reported from a tangential comment that lasted twenty seconds taken in reverse of the intended meaning. Someone who didn’t attend the conference would have been under the impression that that was the whole conversation. It turned out that I presented my version of the precautionary principle during the conversation, worth restating here. It asserts that one does not need complex models as a justification to avoid a certain action. If we don’t understand something and it has a systemic effect, just avoid it. Models are error-prone, something I knew well with finance; most risks only appear in analyses after harm is done.


Super Thinking: The Big Book of Mental Models by Gabriel Weinberg, Lauren McCann

Abraham Maslow, Abraham Wald, affirmative action, Affordable Care Act / Obamacare, Airbnb, Albert Einstein, anti-pattern, Anton Chekhov, Apollo 13, Apple Newton, autonomous vehicles, bank run, barriers to entry, Bayesian statistics, Bernie Madoff, Bernie Sanders, Black Swan, Broken windows theory, business process, butterfly effect, Cal Newport, Clayton Christensen, cognitive dissonance, commoditize, correlation does not imply causation, crowdsourcing, Daniel Kahneman / Amos Tversky, dark pattern, David Attenborough, delayed gratification, deliberate practice, discounted cash flows, disruptive innovation, Donald Trump, Douglas Hofstadter, Dunning–Kruger effect, Edward Lorenz: Chaos theory, Edward Snowden, effective altruism, Elon Musk, en.wikipedia.org, experimental subject, fake news, fear of failure, feminist movement, Filter Bubble, framing effect, friendly fire, fundamental attribution error, Goodhart's law, Gödel, Escher, Bach, heat death of the universe, hindsight bias, housing crisis, if you see hoof prints, think horses—not zebras, Ignaz Semmelweis: hand washing, illegal immigration, imposter syndrome, incognito mode, income inequality, information asymmetry, Isaac Newton, Jeff Bezos, John Nash: game theory, karōshi / gwarosa / guolaosi, lateral thinking, loss aversion, Louis Pasteur, LuLaRoe, Lyft, mail merge, Mark Zuckerberg, meta-analysis, Metcalfe’s law, Milgram experiment, minimum viable product, moral hazard, mutually assured destruction, Nash equilibrium, Network effects, nocebo, nuclear winter, offshore financial centre, p-value, Paradox of Choice, Parkinson's law, Paul Graham, peak oil, Peter Thiel, phenotype, Pierre-Simon Laplace, placebo effect, Potemkin village, power law, precautionary principle, prediction markets, premature optimization, price anchoring, principal–agent problem, publication bias, recommendation engine, remote working, replication crisis, Richard Feynman, Richard Feynman: Challenger O-ring, Richard Thaler, ride hailing / ride sharing, Robert Metcalfe, Ronald Coase, Ronald Reagan, Salesforce, school choice, Schrödinger's Cat, selection bias, Shai Danziger, side project, Silicon Valley, Silicon Valley startup, speech recognition, statistical model, Steve Jobs, Steve Wozniak, Steven Pinker, Streisand effect, sunk-cost fallacy, survivorship bias, systems thinking, The future is already here, The last Blockbuster video rental store is in Bend, Oregon, The Present Situation in Quantum Mechanics, the scientific method, The Wisdom of Crowds, Thomas Kuhn: the structure of scientific revolutions, Tragedy of the Commons, transaction costs, uber lyft, ultimatum game, uranium enrichment, urban planning, vertical integration, Vilfredo Pareto, warehouse robotics, WarGames: Global Thermonuclear War, When a measure becomes a target, wikimedia commons

In 2012, the European Union adopted the precautionary principle formally with the Treaty on the Functioning of the European Union: Union policy on the environment shall aim at a high level of protection taking into account the diversity of situations in the various regions of the Union. It shall be based on the precautionary principle and on the principles that preventive action should be taken, that environmental damage should as a priority be rectified at source and that the polluter should pay. On an individual level, the precautionary principle instructs you to take pause when an action could possibly cause you significant personal harm.

You need to find the right balance between preserving optionality and path dependence. One model that can help you figure out how to strike this balance in certain situations is the precautionary principle: when an action could possibly create harm of an unknown magnitude, you should proceed with extreme caution before enacting the policy. It’s like the medical principle of “First, do no harm.” For example, if there is reason to believe a substance might cause cancer, the precautionary principle advises that it is better to control it tightly now while the scientific community figures out the degree of harm, rather than risk people getting cancer unnecessarily because the substance has not been controlled.

Be careful when basing rewards on measurable incentives, because you are likely to cause unintended and undesirable behavior (Goodhart’s law). Short-termism can easily lead to the accumulation of technical debt and create disadvantageous path dependence; to counteract it, think about preserving optionality and keep in mind the precautionary principle. Internalize the distinction between irreversible and reversible decisions, and don’t let yourself succumb to analysis paralysis for the latter. Heed Murphy’s law! 3 Spend Your Time Wisely POLARIS IS THE BRIGHTEST STAR in the Little Dipper, a constellation also known as Ursa Minor, or Little Bear.


pages: 944 words: 243,883

Private Empire: ExxonMobil and American Power by Steve Coll

addicted to oil, Alan Greenspan, An Inconvenient Truth, anti-communist, Atul Gawande, banking crisis, Benchmark Capital, Berlin Wall, call centre, carbon footprint, carbon tax, clean water, collapse of Lehman Brothers, company town, corporate governance, corporate social responsibility, decarbonisation, disinformation, energy security, European colonialism, Evgeny Morozov, Exxon Valdez, failed state, Fall of the Berlin Wall, financial engineering, Global Witness, Google Earth, Great Leap Forward, hydraulic fracturing, hydrogen economy, Ida Tarbell, illegal immigration, income inequality, industrial robot, Intergovernmental Panel on Climate Change (IPCC), inventory management, kremlinology, market fundamentalism, McMansion, medical malpractice, Mikhail Gorbachev, oil shale / tar sands, oil shock, peak oil, place-making, Ponzi scheme, precautionary principle, price mechanism, profit maximization, profit motive, Ronald Reagan, Saturday Night Live, Scramble for Africa, shareholder value, Silicon Valley, smart meter, statistical model, Steve Jobs, two and twenty, WikiLeaks

After 2000, a new idea arrived from Europe to challenge the assumptions of the risk analysis school: the precautionary principle. The idea can be traced to West German environmental regulations enacted during the 1970s on the basis of Vorsorge, or “precaution.” Advocates of the precautionary principle argued that in cases where damage to society or people might be severe and irreversible, preventive action should be taken up front, even if there were important uncertainties about the relevant science. Although “it sounds like common sense . . . in fact, the precautionary principle poses a radical challenge to business as usual in a modern, capitalist, technological civilization,” author Michael Pollan has noted.

It required a knowledgeable and careful regulator or congressperson to hold in mind the distinctions among different phthalates. In Europe, the precautionary principle won out. Although a European Chemicals Bureau study found that “no risk reduction” was required for DINP, in 2005, the European Union nonetheless banned the compound from children’s toys that could be placed in the mouth. “Politics, not science, is the reason,” the ExxonMobil PowerPoint slides circulated in Washington complained. “Politics,” however, was in fact a synonym for the rise of the precautionary principle as a popularly supported basis of chemical regulation in Europe—and there was little reason to believe that philosophy would remain sequestered there.10 American environmental and public interest health groups had discovered that it was easiest to import European regulations inspired by the precautionary principle into the United States by starting first in the legislatures of more liberal states—California and Vermont, for example.

“Politics,” however, was in fact a synonym for the rise of the precautionary principle as a popularly supported basis of chemical regulation in Europe—and there was little reason to believe that philosophy would remain sequestered there.10 American environmental and public interest health groups had discovered that it was easiest to import European regulations inspired by the precautionary principle into the United States by starting first in the legislatures of more liberal states—California and Vermont, for example. The City of San Francisco formally adopted the precautionary principle as a framework for local regulations in 2003. The city’s environmental regulators “discovered Europe has banned chemicals that the U.S. had not,” a city environmental regulator recalled. “We said, ‘If other governments have taken precautionary actions, then we can take that action as well.’”


pages: 281 words: 79,958

Denialism: How Irrational Thinking Hinders Scientific Progress, Harms the Planet, and Threatens Our Lives by Michael Specter

23andMe, agricultural Revolution, An Inconvenient Truth, Anne Wojcicki, Any sufficiently advanced technology is indistinguishable from magic, Apollo 13, Asilomar, autism spectrum disorder, carbon footprint, Cass Sunstein, clean water, Drosophila, Edward Jenner, food miles, Gregor Mendel, Helicobacter pylori, invention of gunpowder, John Elkington, Neil Armstrong, out of africa, personalized medicine, placebo effect, precautionary principle, profit motive, randomized controlled trial, Recombinant DNA, Richard Feynman, Richard Feynman: Challenger O-ring, Ronald Reagan, Simon Singh, Skype, stem cell, synthetic biology, technological determinism, Ted Kaczynski, the scientific method, Thomas Malthus, twin studies, Upton Sinclair, X Prize

Fresco has written often and revealingly about issues of food security in the developing world. See particularly her report, last updated in 2007, Biomass, Food & Sustainability: Is There a Dilemma? (www.rabobank.com/content/images/Biomass_food_and_sustainability_tcm43-38549.pdf). There are many discussions of the “precautionary principle,” fear, and the idea of risk. Four stand out to me: Cass Sunstein’s Laws of Fear: Beyond the Precautionary Principle (Cambridge University Press, 2005); Lars Svendsen’s A Philosophy of Fear (Reaktion Books, 2008); Peter L. Bernstein’s Against the Gods: The Remarkable Story of Risk (Wiley, 1996); and Leonard Mlodinow’s The Drunkard’s Walk: How Randomness Rules Our Lives (Pantheon, 2008). 4.

Francis Bacon recognized the answer to that question four hundred years ago. “It would be an unsound fancy and self-contradictory to expect that things which have never yet been done can be done except by means which have never yet been tried,” he wrote in The New Organon. I wonder what he would have made of the “precautionary principle,” which holds that potential risks, no matter how remote, must be given more weight than any possible benefit, no matter how great. Without accepting some risk we would never have had vaccines, X-rays, airplanes, or antibiotics. Caution is simply a different kind of risk, one that is even more likely to kill people.

“If the society that powered this technology collapses in some way we would go extinct pretty quickly. You wouldn’t have a chance to revert back to the farm or to the prefarm. We would just be gone.” Those fears have existed since we began to transplant genes in crops. They are the principal reason why opponents of genetically engineered food invoke the precautionary principle, which argues that potential risks must always be given more weight than possible benefits. That is certainly the approach suggested by people like Thomas of ETC, who describes Endy as “the alpha Synthusi ast.” But he added that Endy was also a reflective scientist who doesn’t discount the possible risks of his field.


pages: 294 words: 81,292

Our Final Invention: Artificial Intelligence and the End of the Human Era by James Barrat

AI winter, air gap, AltaVista, Amazon Web Services, artificial general intelligence, Asilomar, Automated Insights, Bayesian statistics, Bernie Madoff, Bill Joy: nanobots, Bletchley Park, brain emulation, California energy crisis, cellular automata, Chuck Templeton: OpenTable:, cloud computing, cognitive bias, commoditize, computer vision, Computing Machinery and Intelligence, cuban missile crisis, Daniel Kahneman / Amos Tversky, Danny Hillis, data acquisition, don't be evil, drone strike, dual-use technology, Extropian, finite state, Flash crash, friendly AI, friendly fire, Google Glasses, Google X / Alphabet X, Hacker News, Hans Moravec, Isaac Newton, Jaron Lanier, Jeff Hawkins, John Markoff, John von Neumann, Kevin Kelly, Law of Accelerating Returns, life extension, Loebner Prize, lone genius, machine translation, mutually assured destruction, natural language processing, Neil Armstrong, Nicholas Carr, Nick Bostrom, optical character recognition, PageRank, PalmPilot, paperclip maximiser, pattern recognition, Peter Thiel, precautionary principle, prisoner's dilemma, Ray Kurzweil, Recombinant DNA, Rodney Brooks, rolling blackouts, Search for Extraterrestrial Intelligence, self-driving car, semantic web, Silicon Valley, Singularitarianism, Skype, smart grid, speech recognition, statistical model, stealth mode startup, stem cell, Stephen Hawking, Steve Jobs, Steve Jurvetson, Steve Wozniak, strong AI, Stuxnet, subprime mortgage crisis, superintelligent machines, technological singularity, The Coming Technological Singularity, Thomas Bayes, traveling salesman, Turing machine, Turing test, Vernor Vinge, Watson beat the top human players on Jeopardy!, zero day

Responsible scientists who are charged with developing these defenses would not have access to the tools to do that. And it would actually be more dangerous.” Kurzweil is criticizing what’s called the Precautionary Principle, a proposition that came out of the environmental movement, which, like relinquishment, is a straw man in this conversation. But it’s important to spell out the principle, and see why it doesn’t carry weight. The Precautionary Principle states, “If the consequences of an action are unknown but judged by some scientists to have even a small risk of being profoundly negative, it’s better to not carry out the action than risk negative consequences.”

., III Machine Intelligence Research Institute (MIRI) Singularity Summit machine learning Madoff, Bernie malware Mazzafro, Joe McCarthy, John McGurk, Sean military battlefield robots and drones DARPA, see DARPA energy infrastructure and nuclear weapons, see nuclear weapons Mind Children (Moravec) Minsky, Marvin Mitchell, Tom mobile phones see also iPhone Monster Cat Moore, Gordon Moore’s Law morality see also Friendly AI Moravec, Hans Moravec’s Paradox mortality, see immortality mortgage crisis Mutually Assured Destruction (MAD) nano assemblers nanotechnology “gray goo” problem and natural language processing (NLP) natural selection Nekomata (Monster Cat) NELL (Never-Ending-Language-Learning system) neural networks neurons New Scientist New York Times Newman, Max Newton, Isaac Ng, Andrew 9/11 attacks Normal Accidents: Living with High-Risk Technologies (Perrow) normalcy bias North Korea Norvig, Peter Novamente nuclear fission nuclear power plant disasters nuclear weapons of Iran Numenta Ohana, Steve Olympic Games (cyberwar campaign) Omohundro, Stephen OpenCog Otellini, Paul Page, Larry paper clip maximizer scenario parallel processing pattern recognition Pendleton, Leslie Perceptron Perrow, Charles Piaget, Jean power grid Precautionary Principle programming bad evolutionary genetic ordinary self-improving, see self-improvement Rackspace rational agent theory of economics recombinant DNA Reflections on Artificial Intelligence (Whitby) resource acquisition risks of artificial intelligence apoptotic systems and Asilomar Guidelines and Busy Child scenario and, see Busy Child scenario defenses against lack of dialogue about malicious AI Precautionary Principle and runaway AI Safe-AI Scaffolding Approach and Stuxnet and unintended consequences robots, robotics Asimov’s Three Laws of in dangerous and service jobs in sportswriting Rosenblatt, Frank Rowling, J.

The Precautionary Principle states, “If the consequences of an action are unknown but judged by some scientists to have even a small risk of being profoundly negative, it’s better to not carry out the action than risk negative consequences.” The principle isn’t frequently or strictly applied. It would halt any purportedly dangerous technology if “some scientists” feared it, even if they couldn’t put their finger on the causal chain leading to their feared outcome. Applied to AGI, the Precautionary Principle and relinquishment are nonstarters. Barring a catastrophic accident on the way to AGI that would scare us straight, both measures are unenforceable. The best corporate and government AGI projects will seek the competitive advantage of secrecy—we have seen it already in stealth companies. Few countries or corporations would surrender this advantage, even if AGI development were outlawed.


pages: 289 words: 112,697

The new village green: living light, living local, living large by Stephen Morris

Alan Greenspan, An Inconvenient Truth, back-to-the-land, Buckminster Fuller, carbon tax, clean tech, clean water, collective bargaining, Columbine, Community Supported Agriculture, company town, computer age, cuban missile crisis, David Sedaris, deindustrialization, discovery of penicillin, distributed generation, Easter island, energy security, energy transition, Fellow of the Royal Society, financial independence, Firefox, Hacker Conference 1984, index card, Indoor air pollution, intentional community, Intergovernmental Panel on Climate Change (IPCC), invisible hand, John Elkington, Kevin Kelly, Louis Pasteur, low interest rates, Mahatma Gandhi, mass immigration, McMansion, Menlo Park, messenger bag, Negawatt, off grid, off-the-grid, peak oil, precautionary principle, rolodex, Silicon Valley, Steve Jobs, Stewart Brand, systems thinking, Whole Earth Catalog, Whole Earth Review

A large percentage of the garlic grown today is incorporated into sauces, pickles, spices, condiments, and sausages. Estimates on fresh garlic consumption note that each adult ingests approximately two pounds of garlic a year. The NEW VILLAGE GREEN 165 The Precautionary Principle E by Stephen Morris arlier in this book, New Society Publisher Chris Plant cites the “Precautionary Principle” as an important evolution in our collective awareness, and the authors of Naturally Clean make frequent references to the concept. In 1998 a conference of scientists and environmentalists first put the idea into words in the historic Wingspread Statement:“When an activity raises threats of harm to human health or the environment, precautionary measures should be taken even if some cause and effect relationships are not fully established scientifically.”

(Linda Buzzell-Saltzman)............144 Think Globally, Eat Locally (Bennett & Massa-Gooch) .....................147 Why Bike to Work (Alexander Asper-Nelson) ..................................149 7 : Whole Earth Catalog On Biophilia and Houses (Alex Wilson interview) ..........................157 Your Green Home (Alex Wilson) .....................................................160 The Earth Roof Factor (Rob Roy) ....................................................163 The Precautionary Principle (Stephen Morris)................................166 A Book for the Generations (Hollender, Davis & Doyle)..................167 Try a Solar Water Heater (Andrew Korfhage) ..................................171 The Scoop on Dirt (Tamsyn Jones)..................................................174 Why Dry?

Fear strangles hope, and hope is life.There must be some horribly incomprehensible reason why a privileged few choose a path that features plunder, expansion, destruction, chaos, corruption, and ultimately extinction. Only by refusing to follow this path, and choosing instead to live a real life will our species, and our kindred species on this planet, survive.” — Dave Bonta President, BioQuantum Vice President, The Vermont BioFuels Association “ The Precautionary Principle has made us aware not to invent, manufacture, or sell anything without conducting due diligence on the impact on future generations.” — Christopher Plant New Society Publishers The NEW VILLAGE GREEN 97 “ After Bill McKibben wrote The End of Nature and dug deeply into the bad news, he started a search for a more nuanced sense of the relationship between humans and the environment, which continues today, more than a decade later.


pages: 453 words: 111,010

Licence to be Bad by Jonathan Aldred

"Friedman doctrine" OR "shareholder theory", Affordable Care Act / Obamacare, Alan Greenspan, Albert Einstein, availability heuristic, Ayatollah Khomeini, behavioural economics, Benoit Mandelbrot, Berlin Wall, Black Monday: stock market crash in 1987, Black Swan, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, Cass Sunstein, Charles Babbage, clean water, cognitive dissonance, corporate governance, correlation does not imply causation, cuban missile crisis, Daniel Kahneman / Amos Tversky, Donald Trump, Douglas Engelbart, Douglas Engelbart, Dr. Strangelove, Edward Snowden, fake news, Fall of the Berlin Wall, falling living standards, feminist movement, framing effect, Frederick Winslow Taylor, From Mathematics to the Technologies of Life and Death, full employment, Gary Kildall, George Akerlof, glass ceiling, Glass-Steagall Act, Herman Kahn, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, Jeff Bezos, John Nash: game theory, John von Neumann, Linda problem, Long Term Capital Management, Louis Bachelier, mandelbrot fractal, meta-analysis, Mont Pelerin Society, mutually assured destruction, Myron Scholes, Nash equilibrium, Norbert Wiener, nudge unit, obamacare, offshore financial centre, Pareto efficiency, Paul Samuelson, plutocrats, positional goods, power law, precautionary principle, profit maximization, profit motive, race to the bottom, RAND corporation, rent-seeking, Richard Thaler, ride hailing / ride sharing, risk tolerance, road to serfdom, Robert Shiller, Robert Solow, Ronald Coase, Ronald Reagan, scientific management, Skinner box, Skype, Social Responsibility of Business Is to Increase Its Profits, spectrum auction, The Nature of the Firm, The Wealth of Nations by Adam Smith, Tragedy of the Commons, transaction costs, trickle-down economics, Vilfredo Pareto, wealth creators, zero-sum game

Instead, the overriding priority must be avoiding catastrophe: we need resilience and security rather than maximization and efficiency. In nature, this priority is often pursued through the opposite of efficiency, namely redundancy – for example, humans having two kidneys rather than one. In politics and law this way of thinking is associated with the ‘precautionary principle’. In broad terms, the principle recommends approaches to practical decision-making which focus on resilience, security and taking precautions.24 The emphasis is on being aware of what we don’t know and the likelihood that the future will be surprising (who could have guessed that CFCs, chemicals discovered to be ideal for cooling machines like fridges, would turn out to cause global warming?).

First, the orthodoxy in decision theory has always claimed the scientific high ground, pointing to its sophisticated mathematical underpinnings. But recent developments at the cutting edge of decision theory have begun to provide mathematical respectability for alternative principles (such as the precautionary principle), so very smart people may start to take them seriously. Second, while making judgements involves taking responsibility, at least it gives us something to do. Nowadays, a computer doesn’t just perform calculations. With artificial intelligence it can tweak and refine the mathematical model it is using along the way.

air travel, commercial, 63–4 Akerlof, George, 223, 237, 248 altruism, 150–51, 159, 162–4 game theory’s denial of, 31–2, 41, 42–3 misunderstanding of, 13–14, 25, 31–2, 41–3, 112, 178–9 as not depleted through use, 14 seen as disguised selfishness, 11–12, 25, 112, 178–9 Amazon, 155, 178, 208 American Economic Association, 257, 258 Angrist, Joshua, 249 antitrust regulation, 56–8 Apple, 222–3 Aristotle, 14 Arrow, Ken awarded Nobel Prize, 71 and blood donations, 14, 163 at City College, New York, 74–5, 91 collective preference, 73–4, 75–7, 78–82 and democracy, 72–4, 75–7, 78–83, 95, 97 framework presented as scientific, 81–2, 124–5 and free marketeers, 78–9, 82 Impossibility Theorem, 72, 73–4, 75–7, 78–83, 89, 97 and mathematics, 71, 72, 73–5, 76–7, 82–3, 97 and Mont Pèlerin Society, 9 preference satisfaction’, 80–82, 97, 124–5, 129 and Ramsey, 189 at RAND, 70–71, 72–3, 74, 75–6, 77, 78 top-secret-level security clearance, 71–2 ‘A Cautious Case for Socialism’ (1978), 83 ‘On the Optimal Use of Winds for Flight Planning’, 71 Social Choice and Individual Values (1951), 71, 72, 75–7, 78–80, 97 artificial intelligence, 214, 242 Atlas Economic Research Foundation, 7–8 Austen, Jane, 134 austerity policies, recent, 258 Axelrod, Robert, 41 Babbage, Charles, 222 baby-market idea, 61, 138, 145, 146 Bachelier, Louis, 193 Baird, Douglas, 58–9 bandwagon effect, 110 Bank of England, 96, 120, 185, 211–12, 258 bankers excuse/permission to be greedy, 1–2, 204, 238 and Keynesian economics, 5 performance as wholly relative, 204 quantification and recklessness, 213 rigged pay-for-performance contracts, 229–30, 238 role in 2007 crisis, 1–2, 57, 182, 192 as serial offenders over uncertainty, 201 see also financial markets Barro, Josh, 63, 64 Bateson, Gregory, 28 battery-chicken farming, 7 Baumol, William, 90–92, 93, 94 BBC, 48, 98 Beaverbrook, Lord, 157 Becker, Gary amoral understanding of crime, 137, 152 and citizenship rights, 146 and Coase, 69 Freakonomics followers of, 130, 134, 148–9, 156 and Friedman, 126, 131 hidden assumptions of, 130–31, 133–4 human capital idea, 149 and individualism, 134, 135–8 and maximization, 129–31, 133–4, 147 as outsider, 50 and Posner, 56 rejects need for realistic assumptions, 132, 133–4, 148 and sale of body parts, 147–8 sees poor health as just a preference, 135, 136, 140 sees values as mere tastes, 136–8, 140 theories as deeply controversial, 127–9, 130 theories as slippery, 129, 133–4 and ‘universality’ of economics, 125, 126–31, 133–4, 135–8, 147–8 version of ‘rational’ behaviour, 128–9, 135, 140, 151 De Gustibus Non Est Disputandum (with Stigler, 1977), 135–6 The Economic Approach to Human Behavior (1976), 130 The Economics of Discrimination (1957), 126–7 A Treatise on the Family (1981), 127–8, 130–31, 133 behaviourism, 154–8, 237 behavioural economics context and culture, 175–6 framing effects, 170–71, 259 and incentives, 160, 171, 175, 176–7 methods from psychology, 170–71 and Nudge, 171–2 and orthodox economics, 173, 174–5, 247, 255 and physics envy, 175–6 problems with, 173–5, 250–51 ‘self-command’ strategies, 140 theory of irrationality, 12, 171, 250–51 and welfare maximization, 149 Bell, Alexander Graham, 222 bell curve distribution, 191–4, 195, 196, 201, 203–4, 218–19, 257 Bentham, Jeremy, 102 Berlin, Isiah, 166, 167–8 Beveridge Report (1942), 4 Bezos, Jeff, 208 Black, Duncan, 77–8, 95 Blackstone (private equity firm), 235 black swans, 192, 194, 201, 203–4 Blinder, Alan, The Economics of Brushing Teeth (1974), 136 blood donors, 14, 112, 162–3, 164, 169, 176 Borel, Émile, 185* Brennan, William, 56 broadcasting, 48–50, 98 spectrum auctions, 39–40, 47, 49–50 Buchanan, James McGill, 8, 83–5, 87–8, 89, 95, 115 Buffett, Warren, 229, 230, 236 Calcraft, John, 120, 121 Cameron, David, 172 Caplan, Brian, The Myth of the Rational Voter, 245–6 carbon markets, 47, 65–7 Carlson, Jack, 141–2 Carroll, Lewis (Charles Lutwidge Dodgson), 72, 77 cartels and monopolies, 101, 102, 103–4 Cheney, Dick, 232–3 Chicago, University of, 2, 4, 34, 40, 49–51 antitrust ideas, 56–8 Buchanan at, 84 and Coase, 49–52, 53–4, 55, 56–7, 61, 68–9, 132 Friedman’s dominance, 50, 132 law and economics movement, 40, 55, 56–63, 64–7 revolution of 1968 at, 56, 58–9 zero-transaction-costs assumption, 51–2, 68–9 Chicago law school, 55, 56, 58–9 child labour, 124, 146 China, 65 City College, New York, 74–5, 91 climate change average temperature rises, 205–6, 207 and carbon markets, 47, 65–6 ‘cashing in’ on carbon markets, 67 Coasean worldview on pollution, 65–7, 68 denialists, 8 ‘discount rate’ on future costs, 208–9, 212 discrimination against future generations, 208–9 and free-riding theory, 2, 99, 113–17, 120 Intergovernmental Panel on, 207 measurement in numerical terms, 206–11, 213 and precautionary principle, 211–12 premature deaths due to, 207–9 and Prisoner’s Dilemma, 27 Stern Review, 206, 209–10 threat to economic growth, 209 Coase, Ronald argument given status of theorem, 51–2, 67 awarded Nobel Prize, 52 background of, 47–8 and Chicago School, 49–52, 53–4, 56–7, 61, 68–9, 132 and created markets, 47, 65–7 dismissal of ‘blackboard economics’, 48, 54, 64, 67–9 on Duncan Black, 77 evening at Director’s house (early 1960), 49–51, 132 fundamental misunderstanding of work of, 51, 52–3, 67–9 hypothetical world invoked by, 50–51, 52, 54–5, 62, 68 as Illinois resident, 46–7 and Mont Pèlerin Society, 8 and public-sector monopolies, 48–51 and transaction costs, 51–3, 54–5, 61, 62, 63–4, 68 ‘The Nature of the Firm’ (1932 paper), 48 The Problem of Social Cost’ (1960 paper), 47, 48, 50–51, 52, 54–5, 59 cognitive dissonance, 113–14 Cold War, 18–19, 20, 21–2, 24, 27, 181 Cuban Missile Crisis (1962), 33–4, 140 and Ellsberg, 184, 197, 198, 200 and game theory, 18, 20, 21–2, 24, 27, 33–4, 35, 70, 73, 198 and Impossibility Theorem, 75–6 RAND and military strategy, 18, 20, 21–2, 24, 27, 33–4, 70, 73, 75–6, 141, 200, 213 and Russell’s Chicken, 33 and Schelling, 138, 139–40 Washington–Moscow hotline installed, 139–40 collective preference and Ken Arrow, 73–4, 75–7, 78–82 Black’s median voter theorem, 77, 95–6 Sen’s mathematical framework, 80–81 communism, 82, 84, 101, 104, 237 Compass Lexecon, 58, 68 Condorcet Paradox, 76, 77 conspiracy theories, 3, 8, 9 cooperation cartels, monopolies, price-fixing, 101, 102, 103–4 and decision-making processes, 108–10 and free-riding theory, 2, 101, 102, 103–10 office teamwork, 109–10, 112 older perspective on, 100–102, 108, 111, 122 and Scandinavian countries, 103 view of in game theory, 21–2, 23, 25–32, 36–8, 41–3 corporate culture and antitrust regulation, 57–8 changes due to Friedman, 2, 152 Chicago approach to regulation, 40 and climate change, 113, 114, 115 executive pay, 215–16, 219, 224, 228–30, 234, 238 Jensen and Murphy’s article, 229 ‘optimal contracting’/pay-for-performance, 228–30, 238 predatory pricing, 57 and tax evasion/avoidance, 105–6 cost disease, 90–92, 93, 94 Cowles Commission in Chicago, 78 CP/M (Control Program for Microcomputers), 222 criminal responsibility, 111, 137, 152 Cuban Missile Crisis (1962), 33–4, 140 Damasio, Antonio, 14 data geeks, 248–50 ‘dead peasants insurance’, 124 decision-making processes, 108–10, 122, 170–71 ‘anchoring effect’, 212 authority figure–autonomy contradiction, 180 avoidance of pure uncertainty, 198–9 axioms (abstract mathematical assumptions), 198 Ellsberg Paradox, 184, 199–200 Ellsberg’s experiment (1961), 182–4, 187, 197, 198–200, 205 Linda Problem, 202–3 orthodox decision theory, 183–4, 185–6, 189–91, 193–4, 198–200, 201–2, 203–5, 211, 212–14 and the Savage orthodoxy, 190–91, 197, 198–200, 203 scenario planning as crucial, 251 Von Neumann’s theory of decision-making, 189, 190, 203 see also probability; risk and uncertainty democracy and Ken Arrow, 72–4, 75–7, 78–83, 95, 97 Black’s median voter theorem, 77, 95–6 and crises of the 1970s, 85–6 and economic imperialism, 145–7 equal citizenship principle at heart of, 145–6, 151 free-riding view of voting, 99, 110, 112, 115–16, 120–21 marketing by political parties, 95–6 modern cynicism about politics, 94–7 paradox of voter turnout, 88–9, 95–6, 115–16 paradox of voting, 75–7 politicians’ support for depoliticization, 96–7 post-war scepticism about, 78–9 and public choice theory, 85–6, 95–7 replacing of with markets, 79 Sen’s mathematical framework, 80–81 voter turnout, 88–9, 95–6, 115–16, 120–21 see also voting systems Dennison, Stanley, 13 dentistry, 258–9, 261 Depression (1930s), 3 digital technology, 68, 214, 222–3 data revolution, 247–50 and rising inequality, 215, 220, 242 Director, Aaron, 4–5, 49–51, 132 Disney World, 123 Dodd–Frank Act, 256 Dodgson, Charles Lutwidge (Lewis Carroll), 72, 77 dot.com bubble, 192, 201 Douglas Aircraft Corporation, 18 Downs, Anthony, An Economic Theory of Democracy (1957), 86, 89, 95 Dr Strangelove (Kubrick film, 1964), 19, 35, 139 DreamTours Florida, 123 Drucker, Peter, 153 Dulles, John Foster, 20 Dundee School of Economics, 48, 77–8 Dürrenmatt, Friedrich, The Visit of the Old Lady, 166 earthquakes, 194–5 Econometrica (journal), 77–8 economic imperialism arrogance of, 246–7 auctioning of university places, 124, 149–50 continuing damage wrought by, 151–2 and democracy, 145–7 emerges into the limelight, 130 Freakonomics, followers of, 130, 134, 148–9, 156 and inequality, 145–7, 148, 151, 207 markets in citizenship duties, 146 origins of term, 125 price as measure of value, 149, 150, 151 purchase of immigration rights, 125, 146 and sale of body parts, 123, 124, 145, 147–8 sidelining of moral questions, 125–9, 135–8, 141–5, 146–7, 148–9, 151–2, 207 value of human life (‘statistical lives’), 141–5, 207 welfare maximization, 124–5, 129–31, 133–4, 146–7, 148–9 see also Becker, Gary economic theory Arrow establishes benchmark for, 71 Baumol’s cost disease, 90–92, 93, 94 Coase Theorem, 45–7, 48–55, 56–7, 61, 63–6 and data revolution, 247–50 exclusion of by data geeks, 248–50 and financial markets, 9, 12–13, 182, 253 as focus of economics courses, 260 Kahneman and Tversky’s theory of irrationality, 12, 171, 250–51 of labour, 237 marginal productivity theory, 223–4, 228 Pareto efficiency, 217–18, 256* perfect competition, 103, 193–4 profit-maximizing firms, 228–9 rent-seeking, 230, 238 theory of motivation, 157–8, 164, 166–7, 168–70, 178–9 see also game theory; homo economicus; public choice theory; social choice theory economics accidental economists, 47–8 and Arrow’s framework, 78–9, 82 causes of growth, 223, 239 created markets, 47, 65–7 crises of the 1970s, 85–6 digital technology, 68, 214 efficiency as fundamental, 63, 64–5, 141, 153, 155, 193–4, 201, 211, 217–18, 255 empirical research as still rare, 247–8 extension into non-economic aspects of life, 40, 54–60, 65, 123–31, 132–4, 135–6, 145–50 gulf between reality and theory, 10–13, 31–2, 41–3, 51–3, 64–9, 86–9, 133, 136, 144–5, 228–30, 250–53, 260–61 history of, 260 lack of objective ‘facts’, 253 modern debate on, 9 and Olson’s analysis, 104 our love–hate relationship with, 3, 245 as partially self-fulfilling, 12–13, 14, 159, 253 percentage of GDP impact of climate change, 206–11, 213 positional goods, 239–41 Posner’s wealth-maximization principle, 57–63, 64–7, 137 predatory pricing, 57 principles for new relationship with, 251–61 privatization, 50, 54, 88, 93–4 rise of game theory, 40–41 Smith’s enlightened self-interest, 11 value of human life (‘statistical lives’), 141–5, 207 vocational role of, 260 see also behavioural economics; free-market economics economics, aims/pretensions to be science arrogance of, 205, 245–7, 258 Arrow’s framework presented as scientific, 72, 81–2, 124–5 attitude to value judgements, 10, 60–61, 64–9, 112, 136–8, 173–4, 204–5, 218, 247 claims of game theory, 21, 24–6, 28–9, 32, 34, 35, 38, 41 and data revolution, 247–50 desire for neutral science akin to physics, 9–10, 20–21, 34–5, 41, 116, 125, 132–3, 151, 175–6, 187–90, 212, 217–18, 246–56 desire for science of social control, 153, 154, 155, 164, 167 Friedman’s ‘The Methodology of Positive Economics’, 132–3 hidden political/ethical agendas, 10, 213, 253, 255–8 measurement of risk in numerical terms, 181–4, 187, 189, 190–94, 196–7, 201–2, 203–5, 212–13 natural experiments, 248–50 Pareto improvements, 217–18 and physics envy, 9, 20–21, 41, 116, 175–6, 212, 247 and public choice theorists, 88 quantification of all risks and values, 201–2, 203, 212–13 real world as problem for, 10–13, 31–2, 42–3, 51–3, 64–9, 86–9, 133, 136, 144–5, 228–30, 250–53, 260–61 ‘some number is better than no number’ mantra, 212–13 uncertainty as obstacle to, 190–91, 212–13 and use of mathematics, 9–10, 26, 72, 247, 248, 255, 259 use of term ‘rational’, 12 Von Neumann and Morgenstern’s grand project, 20–21, 24–5, 26, 35, 125, 151, 189 and wealth-maximization approach, 58, 60 economists advice to former Soviet Bloc nations, 257 conflicts of interest, 256–7, 258 data geeks, 248–50 economics curriculum reform needed, 259–60 errors and misjudgements, 13–14, 16, 132–3, 144–5, 256*, 257–8, 260–61 failure to explain ideas, 254–5 insularity of, 246–7 Keynes’ dentistry comparison, 258–9, 261 lack of ethics codes, 257–8 misunderstanding of altruism, 13–14, 25, 31–2, 41–3, 112, 178–9 need to show more humility, 258–9, 260–61 as not separate from economy, 251–3 and ordinary people, 245–6, 254–5, 258, 261 self-image as unsentimental and honest, 10 sneering descriptions of virtuous behaviour, 112 stating of the obvious by, 134, 259 education auctioning of university places, 124, 149–50 Baumol’s cost disease, 91, 92, 93, 94 incentivization as pervasive, 156, 169 value of, 150, 169, 170 ‘efficient market hypothesis’, 193–4, 201, 255 Einstein, Albert, 17, 22, 33, 213 Eisenhower, Dwight D., 19, 20, 231 Ellsberg, Daniel, 182–4, 187, 197–8 Ellsberg Paradox, 184, 199–200 and the ‘Pentagon Papers’, 200 probability experiment (1961), 182–4, 187, 197, 198–200 ‘Risk, Ambiguity and the Savage Axioms’ (paper, 1961), 198–9, 200 Engelbart, Douglas, 222–3 Engels, Friedrich, 223 English, Bill, 222–3 Enlightenment thinking, 11, 185 Epstein, Richard, 127 ethics and morality and autonomy, 164, 165–6, 168, 169–70, 180 bad behaviour redefined as rational, 12 and blame for accidents, 55, 60–61 and Coase Theorem, 46–7, 54–5, 56–7, 61, 63–6 Coasean worldview on pollution, 66–7, 68 as conditioned and limited by economics, 3, 10, 15, 43, 55, 60–61, 64–5, 179, 204–5, 218, 247 cooperative behaviour in game theory, 29, 30–32 core principles of current economic orthodoxy, 253 distinction between values and tastes, 136–8 economists’ language on virtuous behaviour, 112 inequality as moral issue, 242–3 influence of recent economic ideas, 1–3, 15–16 Keynes on economics as moral science, 252–3 law and economics movement, 40, 55, 56–63, 64–7 moral disengagement, 162, 163, 164, 166 morally wrong/corrupting incentives, 168–9 and Nash program, 25 Nudge economists, 173–4, 251 Posner’s wealth-maximization principle, 57–63, 64–7, 137 Puzzle of the Harmless Torturers, 118–19 Ramsey Rule on discounting, 208–9, 212 sale of body parts, 123, 124, 145, 147–8 sidelined by economic imperialism, 125–9, 135–8, 141–5, 146–7, 148–9, 151–2, 207 small contributions as important, 110, 114–15, 122 Smith’s enlightened self-interest, 11 value of human life (‘statistical lives’), 141–5, 207 see also altruism; free-riding behaviour European Commission, 96 Facebook UK, 99 fairness, 1, 149, 218, 228, 253 and Coase, 54, 55 and free-riding behaviour, 107 and game theory, 43 and incentives, 177, 179 and lucky geniuses, 221–3 and Posner’s wealth-maximization principle, 60, 61, 62 see also inequality family life, 127–8, 130–31, 133, 156 famine relief, 99, 114–15 Farmer, Roger, 259 Federal Communications Commission (FCC), 48–9 Ferdinand, Archduke Franz, 185 financial crisis, global (2007–10) Becker on, 128–9 and bell curve thinking, 192, 193–4, 196, 257 ‘blame the regulators’ argument, 1–2 and financial economists, 9, 88, 260–61 persuasive power of extreme numbers, 181–2 and Posner’s wealth-maximization principle, 57 underlying maths of, 194, 195–6 financial markets Bachelier’s theory of speculation, 193 bell curve thinking, 192, 193–4, 195, 196–7, 201, 203–4, 257 benchmarking against the market, 204 Black Monday (1987), 192 deregulation of US banks, 194 derivatives, 253 dot.com bubble, 192, 201 East Asian crisis (1997), 192 and economic theory, 9, 12–13, 182, 253 economists’ ignorance of, 260–61 and First World War, 185 and fractals (scale-invariance), 194, 195–6, 201 orthodox decision theory, 190–91, 193–4, 201 persuasive power of extreme numbers, 181–2, 191, 192 and rent-seekers, 230, 238 rigged pay-for-performance contracts, 229–30, 238 First World War, 185, 210, 211–12 Fisher, Antony, 6–8 Forster, E.


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Thinking, Fast and Slow by Daniel Kahneman

Albert Einstein, Atul Gawande, availability heuristic, Bayesian statistics, behavioural economics, Black Swan, book value, Cass Sunstein, Checklist Manifesto, choice architecture, classic study, cognitive bias, cognitive load, complexity theory, correlation coefficient, correlation does not imply causation, Daniel Kahneman / Amos Tversky, delayed gratification, demand response, endowment effect, experimental economics, experimental subject, Exxon Valdez, feminist movement, framing effect, hedonic treadmill, hindsight bias, index card, information asymmetry, job satisfaction, John Bogle, John von Neumann, Kenneth Arrow, libertarian paternalism, Linda problem, loss aversion, medical residency, mental accounting, meta-analysis, nudge unit, pattern recognition, Paul Samuelson, peak-end rule, precautionary principle, pre–internet, price anchoring, quantitative trading / quantitative finance, random walk, Richard Thaler, risk tolerance, Robert Metcalfe, Ronald Reagan, Shai Danziger, sunk-cost fallacy, Supply of New York City Cabdrivers, systematic bias, TED Talk, The Chicago School, The Wisdom of Crowds, Thomas Bayes, transaction costs, union organizing, Walter Mischel, Yom Kippur War

This trend is especially strong in Europe, where the precautionary principle, which prohibits any action that might cause harm, is a widely accepted doctrine. In the regulatory context, the precautionary principle imposes the entire burden of proving safety on anyone who undertakes actions that might harm people or the environment. Multiple international bodies have specified that the absence of scientific evidence of potential damage is not sufficient justification for taking risks. As the jurist Cass Sunstein points out, the precautionary principle is costly, and when interpreted strictly it can be paralyzing.

Thaler, “Toward a Positive Theory of Consumer Choice,” Journal of Economic Behavior and Organization 39 (1980): 36–90. taboo tradeoff: Philip E. Tetlock et al., “The Psychology of the Unthinkable: Taboo Trade-Offs, Forbidden Base Rates, and Heretical Counterfactuals,” Journal of Personality and Social Psychology 78 (2000): 853–70. where the precautionary principle: Cass R. Sunstein, The Laws of Fear: Beyond the Precautionary Principle (New York: Cambridge University Press, 2005). “psychological immune system”: Daniel T. Gilbert et al., “Looking Forward to Looking Backward: The Misprediction of Regret,” Psychological Science 15 (2004): 346–50. 33: Reversals in the man’s regular store: Dale T.

positive test strategy possibility effect: gambles and; threats and post-traumatic stress poverty precautionary principle predictability, insensitivity to predictions and forecasts; baseline; clinical vs. statistical; disciplining; of experts, see expert intuition; extreme, value of; formulas for, see formulas; increasing accuracy in; low-validity environments and; nonregressive; objections to moderating; optimistic bias in; outside view in; overconfidence in; planning fallacy and; short-term trends and; valid, illusion of; see also probability preference reversals; unjust premonition, use of word premortem pretentiousness language pricing policies priming; anchoring as t="-5%"> Princeton University probability; base rates in, see base rates; decision weights and, see decision weights; definitions of; and disciplining intuition; less-is-more pattern and; Linda problem and; overestimation of; plausibility and; and predicting by representativeness; prior, insensitivity to; professional stereotypes and; of rare events, see rare events; representativeness and, see representativeness; similarity and; subjective; as sum-like variable; see also predictions and forecasts probability neglect Proceedings of the National Academy of Sciences professional stereotypes professorial candidates prospect theory; in Albert and Ben problem; blind spots of; cumulative; decision weights and probabilities in; fourfold pattern in; frames and; graph of losses and gains in; loss aversion in; reference points in “Prospect Theory: An Analysis of Decision Under Risk” (Kahneman and Tversky) prototypes psychiatric patients psychological immune system psychology, teaching psychopathic charm psychophysics psychotherapists pundits; see also expert intuition punishments: altruistic; rewards and; self-administered pupil dilation questionnaire and gift experiments questions; substitution of, see substitution Rabin, Matthew radiologists rafters, skilled rail projects randomness and chance; misconceptions of Random Walk Down Wall Street, A (Malkiel) rare events; overestimation of; regret and rational-agent model rationality Rationality and the Reflective Mind (Stanovich) ">rats Reagan, Ronald reciprocal priming recognition recognition-primed decision (RPD) model Redelmeier, Don reference class forecasting regression to the mean; causal interpretations and; correlation and; difficulty in grasping; two-systems view of “Regression towards Mediocrity in Hereditary Stature” (Galton) regret religion remembering self Remote Association Test (RAT) reorganizations in companies repetition representativeness; base rates and; see also base rates; in Linda problem; predicting by; professional stereotypes and; sins of; in Tom W problem research: artifacts in; hypothesis testing in; optimism in resemblance; in predictions resilience responsibility retrievability of instances reversals; unjust rewards; self-administered Rice, Condoleezza risk assessment; aggregation and; broad framing in; decision weights in, see decision weights; denominator neglect and; by experts; and format of risk expression; fourfold pattern in; for health risks; hindsight bias and; laws and regulations governing; loss aversion in; narrow framing in; optimistic bias and; policies for; possibility effect and; precautionary principle and; probability neglect and; public policies and; small risks and; of technologies; terrorism and; see also gambles risk aversion risk seeking “Robust Beauty of Improper Linear Models in Decision Making, The” (Dawes) Rosett, Richard Rosenzweig, Philip Royal Dutch Shell Royal Institution Rozin, Paul < Philip Rumsfeld, Donald Russell Sage Foundation Russia Saddam Hussein sadness safety; health risks and; health violation penalties and; precautionary principle and samples, sampling: accidents of; and bias of confidence over doubt; law of large numbers; law of small numbers; size of; small, exaggerated faith in Samuelson, Paul San Francisco Exploratorium Savage, Jimmie Save More Tomorrow Schelling, Thomas Schkade, David school size Schwarz, Norbert Schweitzer, Maurice Science Scientific American scientific controversies scientific research: artifacts in; hypothesis testing in; optimism in Scottish Parliament self-control self-criticism Seligman, Martin selves; experiencing; remembering sets Shafir, Eldar similarity judgments Simmel, Mary-Ann Simon, Herbert Simons, Daniel Simpson, O.


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Inventing the Future: Postcapitalism and a World Without Work by Nick Srnicek, Alex Williams

3D printing, additive manufacturing, air freight, algorithmic trading, anti-work, antiwork, back-to-the-land, banking crisis, basic income, battle of ideas, blockchain, Boris Johnson, Bretton Woods, business cycle, call centre, capital controls, capitalist realism, carbon footprint, carbon tax, Cass Sunstein, centre right, collective bargaining, crowdsourcing, cryptocurrency, David Graeber, decarbonisation, deep learning, deindustrialization, deskilling, Doha Development Round, Elon Musk, Erik Brynjolfsson, Evgeny Morozov, Ferguson, Missouri, financial independence, food miles, Francis Fukuyama: the end of history, full employment, future of work, gender pay gap, general purpose technology, housing crisis, housing justice, income inequality, industrial robot, informal economy, intermodal, Internet Archive, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kickstarter, Kiva Systems, late capitalism, liberation theology, Live Aid, low skilled workers, manufacturing employment, market design, Martin Wolf, mass immigration, mass incarceration, means of production, megaproject, minimum wage unemployment, Modern Monetary Theory, Mont Pelerin Society, Murray Bookchin, neoliberal agenda, New Urbanism, Occupy movement, oil shale / tar sands, oil shock, Overton Window, patent troll, pattern recognition, Paul Samuelson, Philip Mirowski, post scarcity, post-Fordism, post-work, postnationalism / post nation state, precariat, precautionary principle, price stability, profit motive, public intellectual, quantitative easing, reshoring, Richard Florida, rising living standards, road to serfdom, Robert Gordon, Ronald Reagan, Second Machine Age, secular stagnation, self-driving car, Slavoj Žižek, social web, stakhanovite, Steve Jobs, surplus humans, synthetic biology, tacit knowledge, technological determinism, the built environment, The Chicago School, The Future of Employment, the long tail, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, wages for housework, warehouse automation, We are all Keynesians now, We are the 99%, women in the workforce, working poor, working-age population

The hard task ahead is to build new worlds while acknowledging that they will create novel problems. The best utopias are always riven by discord. This imperative runs in opposition to the kind of precautionary principle that seeks to eliminate the contingency and risk involved in making decisions. On strong readings, the precautionary principle aims to convert epistemic uncertainty into a guardianship of the status quo, gently turning away those who would seek to build a better future with the imperative to ‘do more research’. We might also consider here that the precautionary principle contains an almost inherent lacuna: it ignores the risks of its own application. In seeking to err always on the side of caution, and hence of eliminating risk, it contains a blindness to the dangers of inaction and omission.5 While risks need to be reasonably hedged, a fuller appreciation of the travails of contingency implies that we are usually not better off taking the precautionary path.

In seeking to err always on the side of caution, and hence of eliminating risk, it contains a blindness to the dangers of inaction and omission.5 While risks need to be reasonably hedged, a fuller appreciation of the travails of contingency implies that we are usually not better off taking the precautionary path. The precautionary principle is designed to close off the future and eliminate contingency, when in fact the contingency of high-risk adventures is precisely what leads to a more open future – in the words of conceptual artist Jenny Holzer, ‘You live the surprise results of old plans.’ Building the future means accepting the risk of unintended consequences and imperfect solutions.

Emphasis added. 2.The tenacity of the gendered division of society is amply demonstrated in Maria Mies, Patriarchy and Accumulation on a World Scale: Women in the International Division of Labour (London: Zed, 1999). 3.Kathi Weeks, The Problem with Work: Feminism, Marxism, Antiwork Politics, and Postwork Imaginaries (Durham, NC: Duke University Press, 2011), p. 216. 4.Robert J. Van Der Veen and Philippe Van Parijs, ‘A Capitalist Road to Communism’, Theory and Society 15: 5 (1986), p. 637. 5.Gregory N. Mandel and James Thuo Gathii, ‘Cost-Benefit Analysis Versus the Precautionary Principle: Beyond Cass Sunstein’s Laws of Fear’, University of Illinois Law Review 5 (2006). 6.For an essential meditation on this, see Benedict Singleton, ‘Maximum Jailbreak’, in Robin Mackay and Armen Avanessian, eds, #Accelerate: The Accelerationist Reader (Falmouth: Urbanomic, 2014). 7.Paul Mason, ‘What Would Keynes Do?’


pages: 245 words: 71,886

Spike: The Virus vs The People - The Inside Story by Jeremy Farrar, Anjana Ahuja

"World Economic Forum" Davos, bioinformatics, Black Monday: stock market crash in 1987, Boris Johnson, Brexit referendum, contact tracing, coronavirus, COVID-19, crowdsourcing, dark matter, data science, DeepMind, Demis Hassabis, disinformation, Dominic Cummings, Donald Trump, double helix, dual-use technology, Future Shock, game design, global pandemic, Kickstarter, lab leak, lockdown, machine translation, nudge unit, open economy, pattern recognition, precautionary principle, side project, social distancing, the scientific method, Tim Cook: Apple, zoonotic diseases

But I trust your judgement even though we don’t know each other that well… I have been drafting this for nearly two weeks, hoping I wouldn’t have to send it. I have seen nothing that stops me sending it. As best you can, can you let me have some comments and then answer two questions: – will it help if I put this on record at UK gov – would you do it if you were me … I see it as totally justified on the precautionary principle. Thanks in advance Steven The attached note explained why herd immunity would not work and why containment was needed as quickly and strongly as possible: because of how people were likely to behave when faced with a serious pathogen. The note drew on Steven’s experience of studying a 2003 outbreak of SARS in Hong Kong.

Suppression – bringing the epidemic down to manageable levels – would take all those measures plus social distancing of the entire population (like a full lockdown, except people are allowed to go to work). This was the point that Steven Riley had been pushing, in raising the prospect of a China-style lockdown on the basis of the precautionary principle in his simple modelling note to SPI-M on 10 March. The strategy needed to switch immediately from mitigation to suppression – to try as hard as possible to stop the virus from circulating. After that 16 March SAGE meeting, held in the early afternoon, I actually felt optimistic that the UK was about to correct course.

Demis was doing some back-of-the-envelope maths using the numbers that he was hearing. It largely coincided with Neil and John’s modelling showing that deaths would run into the hundreds of thousands. Startled, Demis cited the same concern that Steven Riley had raised with me: ‘What about the precautionary principle?’ If all the modelling was even partially accurate, and we were about to become the next Italy, the only intervention we had left available was to close down the economy. That meant shutting everything. SAGE advised that schools should be closed as soon as possible, except possibly for the children of key workers; pubs, restaurants, other hospitality and leisure should shut, along with indoor workplaces.


pages: 732 words: 151,889

Mycelium Running: How Mushrooms Can Help Save the World by Paul Stamets

clean water, Colonization of Mars, dark matter, Exxon Valdez, invention of gunpowder, Louis Pasteur, phenotype, precautionary principle

I would counter by saying that promoting these saprophytic mushrooms conforms to the precautionary principle, adopted by many cities and organizations across America in the past few years (Raffensperger and Tickner 1999). This principle advocates thinking of the future as much as the present—a blending of long-sighted intention and environmentally rational strategy. Like the Hippocratic oath taken by physicians to first do no harm as healers, the precautionary principle suggests that doing nothing is often better than doing something if there are substantial unknown risks inherent in an action. However, the precautionary principle advocates action in the face of impending disaster, and this is where I think mycorestoration strategies fit well.

One could argue that introducing the cauliflower mushroom (Sparassis crispa) a weakly parasitic root rot fungus, might violate the precautionary principle. However, I know of no cases of Sparassis crispa blight, nor have I found any reports by mycologists or foresters. My in vitro tests (see figure 62) show that Sparassis crispa outcompetes Armillaria mellea, suggesting that these mycelia may actually limit this known virulent root pathogen, thereby preventing a devastating blight by introducing a negligible one. (Similarly, forest fires are often stopped by starting smaller backfires.) As you can see, this strategy is not risky and therefore does not violate the precautionary principle. A potential downside of the precautionary principle, which is used to protect against negative unforeseen consequences, is that it puts the brakes on progressive thinking and may limit the search for existing nature-based remedies, tested in the theater of evolution.

A potential downside of the precautionary principle, which is used to protect against negative unforeseen consequences, is that it puts the brakes on progressive thinking and may limit the search for existing nature-based remedies, tested in the theater of evolution. I believe that it is better to search our planet’s existing genetic diversity for naturally resistant crops instead of birthing GMOs (genetically modified organisms), the Frankensteinian creatures of our era. This book encourages exploration of fungal biodiversity for indigenous remedies to many of the problems we have created for ourselves. This issue was exemplified when a friend tried to introduce the woodlover (Hypholoma capnoides) to wood chips in a decommissioned road reclamation project in northern Arizona (see chapter 6).


pages: 448 words: 117,325

Click Here to Kill Everybody: Security and Survival in a Hyper-Connected World by Bruce Schneier

23andMe, 3D printing, air gap, algorithmic bias, autonomous vehicles, barriers to entry, Big Tech, bitcoin, blockchain, Brian Krebs, business process, Citizen Lab, cloud computing, cognitive bias, computer vision, connected car, corporate governance, crowdsourcing, cryptocurrency, cuban missile crisis, Daniel Kahneman / Amos Tversky, David Heinemeier Hansson, disinformation, Donald Trump, driverless car, drone strike, Edward Snowden, Elon Musk, end-to-end encryption, fault tolerance, Firefox, Flash crash, George Akerlof, incognito mode, industrial robot, information asymmetry, information security, Internet of things, invention of radio, job automation, job satisfaction, John Gilmore, John Markoff, Kevin Kelly, license plate recognition, loose coupling, market design, medical malpractice, Minecraft, MITM: man-in-the-middle, move fast and break things, national security letter, Network effects, Nick Bostrom, NSO Group, pattern recognition, precautionary principle, printed gun, profit maximization, Ralph Nader, RAND corporation, ransomware, real-name policy, Rodney Brooks, Ross Ulbricht, security theater, self-driving car, Seymour Hersh, Shoshana Zuboff, Silicon Valley, smart cities, smart transportation, Snapchat, sparse data, Stanislav Petrov, Stephen Hawking, Stuxnet, supply-chain attack, surveillance capitalism, The Market for Lemons, Timothy McVeigh, too big to fail, Uber for X, Unsafe at Any Speed, uranium enrichment, Valery Gerasimov, Wayback Machine, web application, WikiLeaks, Yochai Benkler, zero day

Katz (11 Mar 2015), “FTC charges DIRECTV with deceptively advertising the cost of its satellite television service,” Federal Trade Commission, https://www.ftc.gov/news-events/press-releases/2015/03/ftc-charges-directv-deceptively-advertising-cost-its-satellite. 154excessive data collection by toys: Cecilia Kang (8 Jan 2018), “Toymaker VTech settles charges of violating child privacy law,” New York Times, https://www.nytimes.com/2018/01/08/business/vtech-child-privacy.html. 154and televisions: Juliana Gruenwald Henderson (6 Feb 2017), “VIZIO to pay $2.2 million to FTC, state of New Jersey to settle charges it collected viewing histories on 11 million smart televisions without users’ consent,” Federal Trade Commission, https://www.ftc.gov/news-events/press-releases/2017/02/vizio-pay-22-million-ftc-state-new-jersey-settle-charges-it. 155This way of thinking will become: There are conflicting takes on this in the computer security field. Adam Thierer (11 Mar 2012), “Avoiding a precautionary principle for the Internet,” Forbes, https://www.forbes.com/sites/adamthierer/2012/03/11/avoiding-a-precautionary-principle-for-the-internet. Andy Stirling (8 Jul 2013), “Why the precautionary principle matters,” Guardian, https://www.theguardian.com/science/political-science/2013/jul/08/precautionary-principle-science-policy. 155We don’t want to—and can’t: Kevin Kelly has written about how to be deliberate in deciding which technologies society should use, and how to roll them out.

The fourth and last problem with regulations is that they can stifle innovation. I think we just have to accept that, and in certain rare cases we may even want to do so deliberately. Unfettered innovation is only acceptable for benign technologies. We regularly put limits on technologies that can kill us, because we believe the safety and security are worth it. The precautionary principle dictates that when the potential of harm is great, we should err on the side of not deploying a new technology without proof of security. This way of thinking will become more important in a world where an attacker can open all of the door locks or hack all of the power plants. We don’t want to—and can’t—stop technological progress, but we can make deliberate choices between technological futures, or speed up or delay certain technologies with respect to the others.

III, 52 offense vs. defense, see attack vs. defense Office of Personnel Management, hacking of, 45, 79 Office of the Director of National Intelligence (ODNI), 146–47, 148 Oltsik, Jon, 141 One Percent Doctrine, 93–94 Onity, 32, 131 Open SSL, 114 Open Technology Institute, Ranking Digital Rights, 136 Open Web Fellowship program, 223 outcomes-based regulation, 122–23 Pandora Internet Radio, 58 Panetta, Leon, 53, 89 Paradigm Initiative, Nigeria, 214 password: authentication via, 45–46, 47 stealing, 171 password guessing, 33, 46 patching, 34–43 of cyberweapons, 72 inadequacy of, 42 installing patches, 36–38, 108–9 unreliability of, 38–39 of vulnerabilities, 35–36 writing and publishing patches, 38–40 PATRIOT Act, 192 Perrow, Charles, 80, 210 phishing attacks, 45, 46 Plan B: What’s Likely to Happen, 180–91 EU regulation, 184–88 opting out, 188 US inaction, 181–84 what we can do, 188–91 Podesta, John, 46 power stations: blackouts, 29, 90 cyberattacks on, 2, 72, 90, 116, 217 hacking of, 2, 16 on the Internet, 4–5 precautionary principle, 155 “preparing the battlefield,” 69 printers: biological, 95, 217 hacking of, 2–3, 24–25, 91 printing press, invention of, 24 Prisoner’s Dilemma, 124 privacy, and security, 9, 79, 190 privacy laws, 153–54, 185–86 product liability, 131–35 product rating systems, 135–36 professional certification, 140 Project Zero, 36 Proliferation Security Initiative (PSI), 158 protocols, standard, 108 public education, 137, 138–41 public-interest law, 224 Qatar, hacking into, 80 quality standards, 20–21, 34, 107–9 radio spectrum, regulation of, 204–5, 206 ransomware, 26, 74, 77 regulation: EU promotion of, 184–88 smart vs. stupid, 192 regulatory capture, 155 resilience, 210–12 Review Group on Intelligence and Communications Technology, 163 risks, 217–18 catastrophic, 78–96 increasing dependence on Internet, 89–96 integrity and availability attacks, 78–82 and liability law, 128–33 machine-learning algorithms, 82–87 and One Percent Doctrine, 93–94 supply chain vulnerability, 87–89 robocallers, 154 robots, 7, 86–87, 148, 149 Roff, Heather, 213 Rogers, Mike, 81, 86 Rosenstein, Rod, 194, 195, 196 Russia: and athletes’ drug tests, 80 cyber actors in, 81 and cybercrime law, 156 eavesdropping on communications, 195–96 power stations hacked by, 2, 69, 90, 116 and US election process (2016), 35, 40, 45, 71, 78, 80 and weapons of mass destruction, 158 Russian Federal Security Service, 30 Samsung, 135 San Bernardino shooting (2015), 202 Sarbanes-Oxley Act (2002), 128 Saudi Aramco, 116 Sawers, Sir John, 73 SCADA industrial-control systems, 79–82 Scherer, Matthew, 149 script kiddie, use of term, 30 security: in algorithms, 111–12, 148 alternative paradigm of, 34–35 as attacker/defender arms race, 10, 16, 26–28 collective payment for, 102 complexity as enemy of, 27 by design, 106–7, 167–70 encryption for, 171 home, 102 information, 78 of infrastructure, 116–18 military metaphors for, 213 and “movie-plot threats,” 96 no return on investment in, 134 of personal data, 109–11 and quality standards, 34, 107–9, 167 scarcity for, 204 trade-offs in, 19, 47 and transparency, 111 see also Internet+ security security clearances, 177 security dilemma, 73 self-regulation, 121, 136 September 11, 92–96, 147, 192 server-to-server combat, 203 Shackelford, Scott, 213 Signal (messaging app), 170, 196 skimmers, 17 Sklyarov, Dmitry, 41 smart billboards, 7 smart devices: competitive edge of, 5–6 connectivity of, 5, 19 embedded in our bodies, 4 encryption of, 171, 199 hacking of, 3–4 offline functionality of, 108–9 security hub in, 48, 50 security standards for, 107–9 sensors in, 58 surveillance cameras networked with, 4 your data collected and sold on, 57 smart homes, 4, 16 smart refrigerators, 29 smart thermostats, 15 SmartThings, 128–29 SMEX, Lebanon, 214 Smith, Brad, 158, 163 Snow, C.


pages: 245 words: 72,893

How Democracy Ends by David Runciman

barriers to entry, basic income, Bernie Sanders, Big Tech, bitcoin, blockchain, Brexit referendum, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, centre right, crowdsourcing, cuban missile crisis, disinformation, Dominic Cummings, Donald Trump, Dr. Strangelove, Edward Snowden, fake news, first-past-the-post, Francis Fukuyama: the end of history, full employment, Internet of things, Jeremy Corbyn, Jon Ronson, Joseph Schumpeter, Kickstarter, Large Hadron Collider, loss aversion, Mahatma Gandhi, Mark Zuckerberg, money: store of value / unit of account / medium of exchange, mutually assured destruction, Network effects, Nick Bostrom, Norman Mailer, opioid epidemic / opioid crisis, Panopticon Jeremy Bentham, Paris climate accords, Peter Thiel, post-truth, power law, precautionary principle, quantitative easing, Russell Brand, self-driving car, Sheryl Sandberg, Silicon Valley, Steve Bannon, Steven Pinker, the long tail, The Wisdom of Crowds, Travis Kalanick, universal basic income, Yogi Berra

But the difference is that in the first scenario, when absolutely everybody dies, there is no hope of recovery and no one left to do the valuing. Everything is lost. One response to this problem is known as ‘the precautionary principle’, which states that we need to make a special effort to guard against hard-to-evaluate but potentially catastrophic outcomes. The precautionary principle is often applied to environmental threats. For instance, we don’t know how disastrous the effects of unchecked climate change could be – they might be nowhere near as bad as feared or they might pose a real threat to the continued existence of human civilisation.

Our inability to be sure about the risks we run is a reason to take action now rather than to delay action until we can be sure. If we act and it was a wasted effort, the costs will be livable with. If we don’t act and the worst happens, they won’t. This is a version of Pascal’s wager, which says that it’s never worth taking a chance on eternal damnation. The precautionary principle has plenty of critics. They point out that it can end up warping our judgement by causing us to downgrade other kinds of hazards. If some exceptional risks stand apart from everything else, then non-exceptional risks may struggle to get taken seriously. That has costs, too. For example, taking pre-emptive action on climate change generates significant risks of its own – it could stifle growth in developing countries, leading to loss of life (economic growth underpins improved healthcare), social unrest and political conflict.

., 87–8, 108 Khrushchev, President Nikita, 108 Kimera Systems (digital technology company), 189 Kissinger, Henry, 56, 95, 96 knowledge acquisition of, 153 and discrimination, 180 internet and, 153 political, 188–9 and power, 186–7, 204 social, 196 social scientific, 183 Krugman, Paul, 90 Kubrick, Stanley: Dr Strangelove or: How I Learned to Stop Worrying and Love the Bomb (film), 95–6, 109 L Land, Nick, 165–7 Le Pen, marine, 149 Lenin, Vladimir Ilych: The State and Revolution, 171 libertarianism, 194 Lilla, mark, 150 Limbaugh, Rush, 20 Lincoln, President Abraham, 14 Lloyd George, David, 71 Long, Huey, 49 loss aversion, 175, 188 Luttwak, Edward: Coup D’État: A Practical Handbook, 41, 44 M McCarthy, Cormac: The Road, 113, 118–19 McGinnis, Joe: The Selling of the President, 158 machines, 121–2, 125–6, 127, 196, 197, 199, 200–201, 202, 205, 219; see also artificial intelligence; computers; robots; technocracy; technology McKinley, President William, 74 Macron, President Emanuel, 148, 149–50 Man on Wire (film), 117–18 Marx, Karl: ‘The Fragment on machines’, 196–7 Marxism-Leninism, 171 Mason, Paul: Postcapitalism, 196, 197, 199, 205 Mélenchon, Jean-Luc, 58 Mencius Moldbug see Yarvin, Curtis metadata, 154 Mill, John Stuart, 182–3, 185 Miller, Stephen, 13 mindlessness, 84, 86–8 Mitchell, David: The Bone Clocks, 113 Modi, Narendra, 65–6, 149 monarchs, 167 Monsanto (company): ‘The Desolate Year’, 88 Mugabe, President Robert, 48 Mullin, Chris: A Very British Coup, 58 N NATO, 59 Nazis, 85, 97, 99 Netherlands, 148 networks and anarchism, 193 and change, 196 interconnectedness, 112–15 political movements, 149 social 136, 151, 160, 177; see also Facebook; social media; Twitter utopian, 200 see also internet New York crime, 211 World Trade Center, 117–18 New York Times, 159–60 New Yorker (magazine), 82–3, 84, 106 news, fake, 64, 75, 98, 156, 157 Nixon, President Richard, 56, 90, 158 North Korea, 213 Nozick, Robert: Anarchy, State, and Utopia, 193–4, 195 nuclear disarmament, 107 Campaign for Nuclear Disarmament (CND), 94–5 nuclear weapons, 56, 83–4, 86, 94, 95, 96–7, 102, 103–104, 106, 107 Nunn, Sam, 95 O Obama, President Barack and climate change, 92 and conspiracy theory, 64 executive initiatives, 55 and inequality, 79 and Trump’s election, 13, 14, 15, 16, 18 oil companies, 131 Orban, Viktor, 175 Osborne, George, 208 Oxford and Cambridge Review, 120 P Papademos, Lucas, 39 Papandreou, Andreas, 27 Papandreou, George, 39 paranoia, 67, 74 Parent, Joe, 62 Parfit, Derek, 100, 202–3 Paul, Rand, 154 Perry, William, 95 pesticides, 87–9 Petit, Philippe, 117–18 Piergiacomi, Alessio, 167–8 Piketty, Thomas: Capital in the Twenty-First Century, 78 Pinker, Steven: The Better Angels of our Nature, 211 Plato, 179 Poland, 65, 66 police, 171 political parties, 214 artificiality, 145–6 charisma, 147 and identity politics, 150 as machines, 127 membership, 146, 147–8 ‘Net’, 162 partisan nature, 146 ‘Pirate’, 162 United States, 146–7, 221 politicians: and trust, 144–5, 164, 214 pollution, 89, 90 populism, 13, 175 and banality, 98–9 causes of, 67 and conspiracy theory, 65–7, 72, 168 and disconnect, 141 and economic growth, 192 and inequality, 77–8 and movement politics, 148–9 United States, 67–70, 73 and war, 75 precautionary principle, 100–101 pressure groups, 89 prisons, 151, 152, 212 Putin, President Vladimir, 157 R racism, 143 Rand, Ayn, 194 rational choice theory, 108–9 referendums, 47–8, 179, 183 France, 70 Turkey, 52 United Kingdom, 48 reform, 70, 71, 78, 79, 185; see also social change revolutions, 41, 78, 196; see also digital revolution risk, 101–5, 110–12, 116 robots, 7, 103, 111, 128–9, 130, 168, 210 Rockefeller, John D., 131–2 Roosevelt, President Theodore, 70, 71, 131 Russia ‘competitive authoritarianism’, 175 Cuban missile Crisis (1962), 107–8 data harvesting, 156 foreign policy, 30 S Sacco, Justine, 143 San Francisco, 162, 163 Sandberg, Cheryl, 137 Sanders, Bernie, 58, 149 Sarandon, Susan, 198 Scarry, Elaine: Thermonuclear Monarchy: Choosing between Democracy and Doom, 104 Scheidel, Walter: The Great Leveler, 78 Schlesinger, James, 56 Schultz, George, 95 Shita, Mouna, 189–90 Simon, Herbert, 153 el-Sisi, General Abdul Fatah, 48–9 slavery, 23, 35, 73, 123–4 sleepwalking, 115, 116, 117 Snowden, Edward, 151–2 Snyder, Timothy: On Tyranny: Twenty Lessons from the Twentieth Century, 97–8, 99 social change, 192, 219; see also reform social media, 149; see also Facebook; networks: social; Twitter socialism 171 Socrates, 38 Spain, 162 Stalinism, 99, 169, 171 suffrage, universal, 187–8 Sulzberger, Cyrus, 27, 28 surveillance, 152–5 Sweden, 162, 163 T taxation, 70, 72, 193 technocracy, 180–81, 191–2, 198, 205, 214 technology, 125, 126 corporations, 131 digital, 144, 151, 154, 161, 162–3; see also internet and dignity, 203 information, 7–8 and mortality, 24–5 and risk management, 105 and ‘the shock of the old’, 122 threat of, 103, 120–21 see also machines terrorism, 74 terrorists, 97, 212 Texas, 163 Thiel, Peter, 198 tightrope-walking, 117–18 totalitarianism, 98; see also tyrannies tribalism, 163–4 Truman, President Harry S., 84–5 Trump, Melania, 13 Trump, President Donald, 49 behaviour, 20–21, 22–3, 159, 173 and change, 198 and Charlottesville demonstrations, 4 and climate change, 93 and conspiracy theory, 64–5 and dignity, 173 election of, 1–2, 5, 13, 16–18, 19, 20, 25, 118, 149, 156 and executive aggrandisement, 92 and fake news, 157 inaugural speech, 11–14, 74 military’s influence on, 59 novels inspired by, 57 and nuclear war, 86 and political violence, 212 presidency, 213 and Silicon Valley firms, 137 supporters of, 98 on surveillance, 154 use of Twitter, 143 Tsipras, Alexis, 33–4, 209 Turkey, 50–3 conspiracy theories, 65, 66 coups, 50–2, 53, 66 and Cyprus, 38 elections, 51 Justice and Development Party (AKP), 51 movement politics, 149 referendum (2017), 52 Twitter, 65, 137, 142, 143, 156 tyrannies 61; see also totalitarianism U United Kingdom austerity, 208 Boer War, 75 Brexit, 48, 156, 179 Campaign for Nuclear Disarmament (CND), 94–5 Conservative Party, 146, 209 general election (2017), 95 Labour Party, 58, 70, 94–5, 148–9, 150 metadata, 154 political enfranchisement, 76 reform, 185 welfare state, 76 United States, 23–4, 25, 49–50 CIA, 28, 30 climate change, 92 Congress, 19 conspiracy theories, 62, 67 corporations, 132 Cuban missile Crisis (1962), 107–8 democratic failure, 2, 14 demonstrations, 4 direct democracy, 163 economic growth, 175 and Egypt compared, 49–50 environment, 87–90 and Greece, 30 immigration, 183 inequality, 79 judiciary, 19 McCarthyism, 67 metadata, 154 military, 17, 18 National Security Agency (NSA), 152 New Deal, 76, 78 and nuclear war, 86, 95 ‘pax Americana’, 198 pesticides, 87–9 political enfranchisement, 76 political parties Democrats, 15, 62, 64, 108, 146–7, 221 Republicans, 62, 146–7, 221 politicians, 164 populism, 67–70, 73 presidential elections, 14, 16, 54–5, 58, 68, 220–24 Kennedy, John F., 108 Trump, Donald, 1–2, 5, 13, 19, 20, 25, 118, 149 prisons, 212 reform, 70 rights, 72 road accidents, 211–12 Silicon Valley, 137, 204 ‘tyranny of the majority’, 142 violence, 73–4, 211–12 war with Spain (1890s), 75 see also Chicago; New York; San Francisco; Texas Uscinski, Joe, 62 utopias, 126, 194, 195, 201 V Varoufakis, Yanis, 32–4, 116–17, 209 Venezuela, 154–5, 208 violence, 6, 73–5 ancient Athens, 38 decline of, 13 and environmental disaster, 93 Greece, 31, 210 and inequality, 78–80 Japan, 210 online, 142–4 political, 16–17, 18 United States, 73–4, 211–12 voting AI and, 189–90 right to, 76, 183–4 systems, 182–3 see also elections W wars, 74–7 citizens’ experience of, 77 and conspiracy theory, 77 First World War, 76, 115 of national survival, 75 nuclear, 83–4, 84–5, 87, 93–7, 109, 213 and populism, 75 total, 76–7 United States and North Korea, 115 see also Cold War wealth: and death, 204; see also elites Weber, Max, 127, 131, 147, 164, 187–8 welfare states, 70, 76, 109–10 whistleblowers see Snowden, Edward Wilson, President Woodrow, 69, 71, 75–6 Y Yarvin, Curtis, 167 Z Zimbabwe, 48 Zuckerberg, Mark, 131, 133, 135, 137, 138, 140, 157–8, 215; see also Facebook ALSO FROM PROFILE BOOKS Political Order and Political Decay: From the Industrial Revolution to the Globalisation of Democracy Francis Fukuyama The most important book about the history and future of politics since The End of History.


pages: 193 words: 51,445

On the Future: Prospects for Humanity by Martin J. Rees

23andMe, 3D printing, air freight, Alfred Russel Wallace, AlphaGo, Anthropocene, Asilomar, autonomous vehicles, Benoit Mandelbrot, biodiversity loss, blockchain, Boston Dynamics, carbon tax, circular economy, CRISPR, cryptocurrency, cuban missile crisis, dark matter, decarbonisation, DeepMind, Demis Hassabis, demographic transition, Dennis Tito, distributed ledger, double helix, driverless car, effective altruism, Elon Musk, en.wikipedia.org, Geoffrey Hinton, global village, Great Leap Forward, Higgs boson, Hyperloop, Intergovernmental Panel on Climate Change (IPCC), Internet of things, James Webb Space Telescope, Jeff Bezos, job automation, Johannes Kepler, John Conway, Large Hadron Collider, life extension, mandelbrot fractal, mass immigration, megacity, Neil Armstrong, Nick Bostrom, nuclear winter, ocean acidification, off-the-grid, pattern recognition, precautionary principle, quantitative hedge fund, Ray Kurzweil, Recombinant DNA, Rodney Brooks, Search for Extraterrestrial Intelligence, sharing economy, Silicon Valley, smart grid, speech recognition, Stanford marshmallow experiment, Stanislav Petrov, stem cell, Stephen Hawking, Steven Pinker, Stuxnet, supervolcano, technological singularity, the scientific method, Tunguska event, uranium enrichment, Walter Mischel, William MacAskill, Yogi Berra

Such thoughts would remove any compunction about going ahead—but it is impossible to quantify the relative probabilities. So, it might be hard to make a convincingly reassuring case for such a Faustian bargain. Innovation is often hazardous, but if we don’t take risks we may forgo benefits. Application of the ‘precautionary principle’ has an opportunity cost—‘the hidden cost of saying no’. Nonetheless, physicists should be circumspect about carrying out experiments that generate conditions with no precedent, even in the cosmos. In the same way, biologists should avoid creation of potentially devastating genetically modified pathogens, or large-scale modification of the human germ line.

Risks can be minimised by a culture of ‘responsible innovation’, especially in fields like biotech, advanced AI, and geoengineering, and by reprioritising the thrust of the world’s technological effort. We should remain upbeat about science and technology—we shouldn’t put the brakes on progress. Doctrinaire application of the ‘precautionary principle’ has a manifest downside. Coping with global threats requires more technology—but guided by social science and ethics. The intractable geopolitics and sociology—the gap between potentialities and what actually happens—engenders pessimism. The scenarios I’ve described—environmental degradation, unchecked climate change, and unintended consequences of advanced technology—could trigger serious, even catastrophic, setbacks to society.

See also Earth; Mars; solar system; Venus plastics, 37 plate tectonics, 174–75 Pluto, 142 Poker, played by computer, 87 polio virus, synthesised, 64 political impediments: to addressing anthropogenic global changes, 32; electoral goals and, 28–29, 226; to enhancing lives of the poorest, 26; public opinion and, 10; to scientists’ influence on policy, 223; short-term thinking and, 28, 32, 35, 217; to sustainable and secure world, 226 Polkinghorne, John, 198–99 Pontifical Academy of Sciences, 34 Pope Francis, 34 Popper, Karl, 203–5 The Population Bomb (Ehrlich), 22 population growth: atmospheric carbon dioxide and, 1, 40; at decreasing rate, 21–22; food and resources keeping pace with, 22; loss of biodiversity associated with, 32–33; to nine billion by 2050, 9, 31; predicting future of, 29–31; serious consequences of technology and, 215; straining natural environment, 4, 12–13, 21–24; sustainable maximum and, 23; as taboo subject for some, 22; technology to address demands of, 5, 60 positrons, 169 posthuman era, 150–54, 158, 164 posthuman evolution, 9, 152–53, 178 posthuman intelligence, 169–70, 194. See also inorganic intelligences poverty: Catholic Church and, 34, 35; decrease in, 5; impact of internet and, 83–84, 99; migration for alleviation of, 100; political impediments to alleviating, 26; religious communities and, 224 poverty trap, 30 precautionary principle, 225–26 prediction: complexity and, 174; difficult with unprecedented changes, 7; fundamental limit to, 171; history of failures in, 11–12 privacy: AI systems and, 90; societal shift towards less, 78 Project Orion, 79 quantum computing, 185, 192 quantum mechanics, 166, 168, 180, 184, 205, 210–11 Queloz, Didier, 130 radiation: over-stringent guidelines about low-level, 55, 56–57; public fear of, 53, 55 radioactive waste disposal, 43, 53, 54 radio telescopes, 134, 144, 157, 207 Ramanathan, Ram, 34 reality.


pages: 435 words: 120,574

Strangers in Their Own Land: Anger and Mourning on the American Right by Arlie Russell Hochschild

affirmative action, Affordable Care Act / Obamacare, Bernie Sanders, Black Lives Matter, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, clean water, collective bargaining, Deep Water Horizon, desegregation, Donald Trump, emotional labour, ending welfare as we know it, equal pay for equal work, Exxon Valdez, feminist movement, full employment, greed is good, guest worker program, invisible hand, knowledge economy, man camp, McMansion, minimum wage unemployment, new economy, obamacare, off-the-grid, oil shock, payday loans, precautionary principle, Richard Florida, Ronald Reagan, school vouchers, Silicon Valley, Solyndra, sovereign wealth fund, The Theory of the Leisure Class by Thorstein Veblen, Thorstein Veblen, urban sprawl, working poor, Yogi Berra

The I-10 Bridge “For the first time, the state highway department is talking about closing down the I-10 without building another bridge,” Tritico begins. “They can’t dig down to bedrock because of that spongy EDC-soaked clay. That tells you that they [the mayor of Lake Charles and city engineers] understand the danger. It’s reasonable to be scared of the bridge and to wish there had been better oversight.” Tritico is guided by the precautionary principle, the principle he returns to over and over in debates with Donny. “It’s the principle doctors abide by: first do no harm.” And to apply it to the I-10 you need good government, he feels. “Don’t jump on the company,” Donny fires back. “They didn’t know their pipe was leaking. They didn’t realize that this was going to happen forty years back when they put the pipeline in.”

Exposed to danger in some of his jobs, Donny tended to stand brave against it and to honor bravery. Less exposed to danger, Tritico wanted to reduce the need for bravery. Donny said, in essence, “I’m strong. You’re strong. Mother Nature is strong. We can take it.” In this way, he resembled the Cowboy. Tritico valued the precautionary principle and said, in essence, “The real strength we need is to stand up to industry and the almighty dollar.” In the past, Mike had taken risks of a different sort himself. He had heard of a scientist who had testified at a public meeting, pointing out the dangers of a proposed dredging project.

Mike himself went to the same meeting hall weeks later to warn against the same project in the presence of the same glaring men. In the end, other men offered to escort him home. One could be brave without being a Cowboy. What was life like in the plants themselves? I wondered. Were they governed by Donny’s Cowboy perspective or Mike Tritico’s precautionary principle? One safety inspector for Axiall—which had an enormous explosion in 2013 and again in 2014—had the job of trying to reduce the risk of accidents. The young man climbed towers and squeezed under machines to check pipes and valves and attach small red flags to pipes that needed replacing or valves tightening.


pages: 326 words: 48,727

Hot: Living Through the Next Fifty Years on Earth by Mark Hertsgaard

addicted to oil, An Inconvenient Truth, Berlin Wall, business continuity plan, carbon footprint, clean water, climate change refugee, Climategate, Climatic Research Unit, congestion pricing, corporate governance, cuban missile crisis, decarbonisation, defense in depth, disinformation, en.wikipedia.org, Fall of the Berlin Wall, fixed income, food miles, Great Leap Forward, Intergovernmental Panel on Climate Change (IPCC), Kickstarter, megacity, megaproject, Mikhail Gorbachev, mutually assured destruction, ocean acidification, peak oil, Port of Oakland, precautionary principle, Ronald Reagan, Silicon Valley, smart grid, South China Sea, the built environment, transatlantic slave trade, transit-oriented development, two and twenty, University of East Anglia, urban planning

Opponents ignored that scientific uncertainty can cut both ways—yes, things can turn out better than expected, but they can also turn out worse. That simple piece of common sense is the basis of the precautionary principle. A cornerstone of modern environmentalism, the precautionary principle holds that policymakers should err on the side of caution when making a decision that carries apparent but uncertain risks. Put differently, the absence of definitive proof that a given activity is dangerous does not prove it is safe. But the precautionary principle has been ignored in the battles over climate policy. Alas, real-world experience and additional scientific observation and analysis have now demonstrated the folly of this course.

Sir Nicholas Stern famously remarked in his 2006 study of the economics of climate change that climate change represented "the greatest and widest-ranging market failure ever seen." Prices, government regulations, and other market forces had not only failed to prevent climate change, Stern pointed out, they had encouraged greenhouse gas emissions to grow and grow. Now, we can say that climate change also represents the greatest and widest-ranging failure of the precautionary principle ever seen. In the face of uncertain but potentially catastrophic consequences from increasing emissions, our economic and political leaders chose to pursue business as usual, presuming that the risks would turn out to be manageable. The coming years will instruct us about how manageable they actually are.

But now that the WBGU study had calculated the real-world implications of this moral stand, even Schellnhuber doubted that the chancellor would renew her pledge—the numbers were just too dire. "I myself was terrified when I saw these numbers," the German climate adviser told me over a glass of wine later. He said the deadlines could be relaxed somewhat if the world settled for merely a fifty-fifty chance of hitting the 2°C target, "but what kind of a precautionary principle is that?" he asked. "We may as well flip a coin." Likewise, he would much prefer having a three-in-four rather than two-in-three chance of hitting 2°C, but that would give humanity even less time to decarbonize. And yes, one could jettison the per-capita principle—as a political matter, this was the path of least resistance for Western leaders—and thereby gain industrial countries another decade or two to quit carbon.


pages: 625 words: 167,349

The Alignment Problem: Machine Learning and Human Values by Brian Christian

Albert Einstein, algorithmic bias, Alignment Problem, AlphaGo, Amazon Mechanical Turk, artificial general intelligence, augmented reality, autonomous vehicles, backpropagation, butterfly effect, Cambridge Analytica, Cass Sunstein, Claude Shannon: information theory, computer vision, Computing Machinery and Intelligence, data science, deep learning, DeepMind, Donald Knuth, Douglas Hofstadter, effective altruism, Elaine Herzberg, Elon Musk, Frances Oldham Kelsey, game design, gamification, Geoffrey Hinton, Goodhart's law, Google Chrome, Google Glasses, Google X / Alphabet X, Gödel, Escher, Bach, Hans Moravec, hedonic treadmill, ImageNet competition, industrial robot, Internet Archive, John von Neumann, Joi Ito, Kenneth Arrow, language acquisition, longitudinal study, machine translation, mandatory minimum, mass incarceration, multi-armed bandit, natural language processing, Nick Bostrom, Norbert Wiener, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, OpenAI, Panopticon Jeremy Bentham, pattern recognition, Peter Singer: altruism, Peter Thiel, precautionary principle, premature optimization, RAND corporation, recommendation engine, Richard Feynman, Rodney Brooks, Saturday Night Live, selection bias, self-driving car, seminal paper, side project, Silicon Valley, Skinner box, sparse data, speech recognition, Stanislav Petrov, statistical model, Steve Jobs, strong AI, the map is not the territory, theory of mind, Tim Cook: Apple, W. E. B. Du Bois, Wayback Machine, zero-sum game

Sunstein emphasizes the point: “Because time is linear, every decision is, in an intelligible sense, irreversible.” “Taken in this strong form,” he says, “the precautionary principle should be rejected, not because it leads in bad directions, but because it leads in no directions at all.”38 Similar paradoxes and problems of definition haunt the AI safety research community. It would be good, for instance, for there to be a similar kind of precautionary principle: for systems to be designed to err against taking “irreversible” or “high-impact” actions in the face of uncertainty. We’ve seen how the field is coming to wield an explicit, computable version of uncertainty.

“Axiomatic Attribution for Deep Networks.” In Proceedings of the 34th International Conference on Machine Learning, 3319–28. JMLR, 2017. Sunstein, Cass R. “Beyond the Precautionary Principle.” University of Pennsylvania Law Review 151 (2003): 1003–58. ———. “Irreparability as Irreversibility.” Supreme Court Review, 2019. ———. “Irreversibility.” Law, Probability & Risk 9 (2010): 227–45. ———. Laws of Fear: Beyond the Precautionary Principle. Cambridge University Press, 2005. Sutton, Richard S. “Integrated Architectures for Learning, Planning, and Reacting Based on Approximating Dynamic Programming.” In Machine Learning: Proceedings of the Seventh International Conference, 216–24.

Here the “principle of not choosing an irreversible path when faced with uncertainty” seems like a useful guide. In other domains, though, it’s not so clear cut what something like “irreversibility” means. Harvard legal scholar Cass Sunstein, for instance, notes that the legal system has a similar “precautionary principle”: sometimes the court needs to issue a preliminary injunction to prevent “irreparable harm” that could happen before a case is heard and a verdict is issued. Notions like “irreparable harm” feel intuitive, Sunstein argues, but on closer inspection they teem with puzzles. “As it turns out,” he finds, “the question whether and when . . . violations trigger preliminary injunctions raises deep questions at the intersection of law, economics, ethics, and political philosophy.”37 He explains: “In one sense, any losses are irreversible, simply because time is linear.


pages: 356 words: 103,944

The Globalization Paradox: Democracy and the Future of the World Economy by Dani Rodrik

"World Economic Forum" Davos, affirmative action, Alan Greenspan, Asian financial crisis, bank run, banking crisis, Bear Stearns, bilateral investment treaty, borderless world, Bretton Woods, British Empire, business cycle, capital controls, Carmen Reinhart, central bank independence, classic study, collective bargaining, colonial rule, Corn Laws, corporate governance, corporate social responsibility, credit crunch, Credit Default Swap, currency manipulation / currency intervention, David Ricardo: comparative advantage, deindustrialization, Deng Xiaoping, Doha Development Round, en.wikipedia.org, endogenous growth, eurozone crisis, export processing zone, financial deregulation, financial innovation, floating exchange rates, frictionless, frictionless market, full employment, George Akerlof, guest worker program, Hernando de Soto, immigration reform, income inequality, income per capita, industrial cluster, information asymmetry, joint-stock company, Kenneth Rogoff, land reform, liberal capitalism, light touch regulation, Long Term Capital Management, low interest rates, low skilled workers, margin call, market bubble, market fundamentalism, Martin Wolf, mass immigration, Mexican peso crisis / tequila crisis, microcredit, Monroe Doctrine, moral hazard, Multi Fibre Arrangement, night-watchman state, non-tariff barriers, offshore financial centre, oil shock, open borders, open economy, Paul Samuelson, precautionary principle, price stability, profit maximization, race to the bottom, regulatory arbitrage, Savings and loan crisis, savings glut, Silicon Valley, special drawing rights, special economic zone, subprime mortgage crisis, The Wealth of Nations by Adam Smith, Thomas L Friedman, Tobin tax, too big to fail, trade liberalization, trade route, transaction costs, tulip mania, Washington Consensus, World Values Survey

Instead, the European Union had applied a broader principle not explicitly covered by the WTO, the “precautionary principle,” which permits greater caution in the presence of scientific uncertainty.11 The precautionary principle reverses the burden of proof. Instead of asking, “Is there reasonable evidence that growth hormones or GMOs have adverse effects?” it requires policy makers to ask, “Are we reasonably sure that they do not?” In many unsettled areas of scientific knowledge, the answer to both questions can be no. The precautionary principle makes sense in cases where adverse effects can be large and irreversible.

As the European Commission argued (unsuccessfully), policy here cannot be made purely on the basis of science. Politics, which aggregates a society’s risk preferences, must play the determinative role. The WTO judges did acknowledge a nation’s right to apply its own risk standards, but ruled that the European Union’s invocation of the precautionary principle did not satisfy the criterion of “scientific evidence.” Instead of simply ascertaining whether the science was taken into account, the rules of the SPS Agreement forced them to use an international standard on how scientific evidence should be processed. If the European Union, with its sophisticated policy machinery, could not convince the WTO that it should have leeway in determining its own standards, we can only imagine the difficulties that developing nations face.


pages: 362 words: 104,308

Forty Signs of Rain by Kim Stanley Robinson

bioinformatics, business intelligence, double helix, Dr. Strangelove, experimental subject, Intergovernmental Panel on Climate Change (IPCC), Kim Stanley Robinson, phenotype, precautionary principle, prisoner's dilemma, Ronald Reagan, social intelligence, stem cell, the scientific method, zero-sum game

“Don’t be tempting me to gamble now.” “And besides, Mr. President, there’s also what they call the precautionary principle, meaning you don’t delay acting on crucial matters when you have a disaster that might happen, just because you can’t be one hundred percent sure that it will happen. Because you can never be one hundred percent sure of anything, and some of these matters are too important to wait on.” The President frowned at this, and Strengloft interjected, “Charlie, you know the precautionary principle is an imitation of actuarial insurance that has no real resemblance to it, because the risk and the premium paid can’t be calculated.

The President frowned at this, and Strengloft interjected, “Charlie, you know the precautionary principle is an imitation of actuarial insurance that has no real resemblance to it, because the risk and the premium paid can’t be calculated. That’s why we refused to hear any precautionary principle language in the discussions we attended at the UN. We said we wouldn’t even attend if they talked about precautionary principles or ecological footprints, and we had very good reasons for those exclusions, because those concepts are not good science.” The President nodded his “So That Is That” nod, familiar to Charlie from many a press conference. He added, “I always thought a footprint was kind of a simplistic measurement for something this complex anyway.” Charlie countered, “It’s just a name for a good economic index, Mr.


pages: 407 words: 108,030

How to Talk to a Science Denier: Conversations With Flat Earthers, Climate Deniers, and Others Who Defy Reason by Lee McIntyre

2021 United States Capitol attack, Affordable Care Act / Obamacare, Alfred Russel Wallace, An Inconvenient Truth, Boris Johnson, carbon credits, carbon tax, Climategate, cognitive bias, cognitive dissonance, coronavirus, correlation does not imply causation, COVID-19, crisis actor, different worldview, disinformation, Donald Trump, Dunning–Kruger effect, en.wikipedia.org, Eratosthenes, experimental subject, fake news, false flag, green new deal, Higgs boson, Intergovernmental Panel on Climate Change (IPCC), lockdown, Mark Zuckerberg, Michael Shellenberger, obamacare, off-the-grid, Paris climate accords, post-truth, precautionary principle, Recombinant DNA, Richard Feynman, scientific mainstream, selection bias, social distancing, sovereign wealth fund, stem cell, Steven Levy, the scientific method, University of East Anglia, Upton Sinclair, Virgin Galactic, WikiLeaks

And you’re asking people to be all right with the idea that you’re doing something new with their food. But with climate change, you’re asking them not to do something. You’re asking them to stop. He said it was the precautionary principle, sort of in reverse. You can’t prove that climate change is happening (though the models say it’s a million-to-one shot that it isn’t), but it’s an obvious precaution to stop polluting so much. By contrast, the precautionary principle with GMOs tells you not to mess with our food. I couldn’t see him, but I could hear the satisfaction in Ted’s voice. It was his best point so far. We were getting toward the end of our conversation, so I asked the question I’d had so much luck with at FEIC 2018 and beyond.

., Genetically Engineered Crops: Experiences and Prospects (2016) (Washington, DC: The National Academies Press, 2016), https://www.nap.edu/catalog/23395/genetically-engineered-crops-experiences-and-prospects; Ross Pomeroy, “Massive Review Reveals Consensus on GMO Safety,” Real Clear Science, September 30, 2013, https://www.realclearscience.com/blog/2013/10/massive-review-reveals-consensus-on-gmo-safety.html; Jane E. Brody, “Are G.M.O. Foods Safe?” New York Times, April 23, 2018, https://www.nytimes.com/2018/04/23/well/eat/are-gmo-foods-safe.html. 33. The precautionary principle says that we should be careful of jumping to conclusions, especially ones that might lead to unnecessary risk. We might think that the choice to avoid GMOs could rely heavily on this principle, but perhaps that is a luxury open only to those who live in countries where food is relatively cheap and widely available.

There was no credible study that had ever shown GMOs were a harm to human health. So why didn’t he believe that? He said it was because it was “understandable that people would be suspicious of GMOs.” They were “unnatural.” It amounted to humans tampering with the food supply. Next he brought up the “precautionary principle” and closed the loop with what he had been saying yesterday. Imagine someone changing the genes around in a bacteria or virus. It could be a nightmare.10 And now they’re doing something unnatural to the way our food has evolved? “They’re doing something that’s never been done before,” he said.


pages: 651 words: 161,270

Global Spin: The Corporate Assault on Environmentalism by Sharon Beder

American Legislative Exchange Council, battle of ideas, benefit corporation, Black Monday: stock market crash in 1987, business climate, centre right, clean water, corporate governance, Exxon Valdez, Gary Taubes, global village, Intergovernmental Panel on Climate Change (IPCC), invisible hand, John Elkington, laissez-faire capitalism, military-industrial complex, oil shale / tar sands, Oklahoma City bombing, old-boy network, planned obsolescence, precautionary principle, price mechanism, profit maximization, Ralph Nader, RAND corporation, Ronald Reagan, scientific management, shareholder value, telemarketer, The Bell Curve by Richard Herrnstein and Charles Murray, the market place, The Wealth of Nations by Adam Smith, two and twenty, urban planning

MBD warned the Chemistry Council that environmental activists would use “children and their need for protection to compel stricter regulation of toxic substances” and that “this would reduce all exposure standards to the lowest possible levels. . .” They also warned that the use of the ‘precautionary principle’ would be pushed by activists; therefore the industry should fight against the precautionary principle and “assist the public in understanding the damage it [the principle] inflicts on the role of science in modern development and production. . .”85 According to Peter Montague: Mongoven’s long-term strategy is to characterize the ‘phase out chlorine’ position as ‘a rejection of accepted scientific method,’ as a violation of the chlorine industry’s Constitutional right to ‘have the liberty to do what they choose,’ and in that sense as a threat to fundamental American values.86 MBD recommended a series of steps the Chlorine Chemistry Council should take, including:87 • taking “advantage of the schisms” within the US government administration such as within the EPA and between the EPA and other government agencies • hiring Ketchum Public Relations to “reach out to editorial boards to highlight flaws in the risk assessment portion of the dioxin reassessment” • enlisting “legitimate scientists. . . willing to ask pointed questions” at forthcoming conferences • building alliances on the PVC issue, “beginning with those with an obvious economic stake, e.g. home builders, realtors, product manufacturers, hospitals and others

If they could find a few scientists who weren’t 100 per cent convinced that CFCs depleted ozone, they seemed ready to abandon the Montreal Protocol.29 Conservative think-tanks have also challenged other environmental problems. In the CEI’s The True State of the Planet the authors claim that30 • superfund waste sites “pose no real risks to people or the natural environment” • “following the precautionary principle can lead to greater environmental degradation” • modern forestry “helps preserve wildlife habitat” • “commercial logging is not a major cause of deforestation” • we are “entering an age of increasing and unprecedented natural resources abundance” The Cato Institute also publishes a number of books which dispute environmental crises such as ozone depletion.

They also warned that the use of the ‘precautionary principle’ would be pushed by activists; therefore the industry should fight against the precautionary principle and “assist the public in understanding the damage it [the principle] inflicts on the role of science in modern development and production. . .”85 According to Peter Montague: Mongoven’s long-term strategy is to characterize the ‘phase out chlorine’ position as ‘a rejection of accepted scientific method,’ as a violation of the chlorine industry’s Constitutional right to ‘have the liberty to do what they choose,’ and in that sense as a threat to fundamental American values.86 MBD recommended a series of steps the Chlorine Chemistry Council should take, including:87 • taking “advantage of the schisms” within the US government administration such as within the EPA and between the EPA and other government agencies • hiring Ketchum Public Relations to “reach out to editorial boards to highlight flaws in the risk assessment portion of the dioxin reassessment” • enlisting “legitimate scientists. . . willing to ask pointed questions” at forthcoming conferences • building alliances on the PVC issue, “beginning with those with an obvious economic stake, e.g. home builders, realtors, product manufacturers, hospitals and others. . .” • taking steps “to discredit the precautionary principle within the more moderate environmental groups as well as within the scientific and medical communities. . .” • directing a programme to “pediatric groups throughout the country and to counter activist claims of chlorine-related health problems in children. . .” • getting medical associations on side by getting a panel of eminent physicians to emphasize the role of chlorine “as a key chemical in pharmaceuticals and medical devises” and by stimulating peer-reviewed articles in medical journals on “the role of chlorine chemistry in treating disease


pages: 285 words: 78,180

Life at the Speed of Light: From the Double Helix to the Dawn of Digital Life by J. Craig Venter

Albert Einstein, Alfred Russel Wallace, Apollo 11, Asilomar, Barry Marshall: ulcers, bioinformatics, borderless world, Brownian motion, clean water, Computing Machinery and Intelligence, discovery of DNA, double helix, dual-use technology, epigenetics, experimental subject, global pandemic, Gregor Mendel, Helicobacter pylori, Isaac Newton, Islamic Golden Age, John von Neumann, Louis Pasteur, Mars Rover, Mikhail Gorbachev, phenotype, precautionary principle, Recombinant DNA, Richard Feynman, stem cell, Stuart Kauffman, synthetic biology, the scientific method, Thomas Kuhn: the structure of scientific revolutions, Turing machine

In a similar vein, creatures that are not “normal” tend to be seen as monsters, as the product of an abuse of power and responsibility, as most vividly illustrated by the story of Frankenstein.38 Still, it is important to maintain our sense of perspective and of balance. Despite the knee-jerk demands for ever more onerous regulation and control measures consistent with the “precautionary principle”—whatever we mean by that much-abused term39—we must not lose sight of the extraordinary power of this technology to bring about positive benefits for the world. I am not alone in believing that overregulation can be as harmful as laxness in that regard. I was glad to see that my own view was echoed in the response to my work on the first working synthetic genome, when the Presidential Commission for the Study of Bioethical Issues released a report in December 201040 entitled New Directions: The Ethics of Synthetic Biology and Emerging Technologies.

Biotechnology Research in an Age of Terrorism: Confronting the ‘Dual Use’ Dilemma (Washington, D.C.: National Academies Press, 2004). 37. Wohlsen, Biopunk. 38. Baldwin, et. al, Synthetic Biology, p. 139. 39. There are many formulations. See Kenneth R. Foster, Paolo Vecchia, and Michael H. Repacholi. “Science and the precautionary principle.” Science 288, no. 5468 (2000): pp. 979–81. 40. www.bioethics.gov/sites/default/files/news/PCSBI-Synthetic-Biology-Report-12.16.10.pdf. 41. Isaac Asimov. “Introduction.” In The Rest of the Robots (New York: Doubleday, 1964). Chapter 11 1. Arthur Conan Doyle. “The Disintegration Machine” (1929).

., Controlling Life: Jacques Loeb and the Engineering Ideal in Biology, 9 penicillin, 170–1 Perrin, Jean Baptiste, 45 phage therapy, 172–4 See also synthetic phages phi X 174, 49, 62–5, 69–78 circular DNA of, 63–5, 72, 74 composition of, 63 photosynthesis, 36–7, 69, 100 Pieper, Rembert, 101 Pillinger, Colin, 180 planetary protection, 184 PlyC, 175–6 Podolsky, Boris, 161 polyethylene glycol (PEG), 105 Popular Mechanics, 56 Portrait of the Artist as a Young Man (Joyce), 125 precautionary principle, 156 Presidential Commission for the Study of Bioethical Issues, 156–8 Proceedings of the National Academy of Sciences, 65, 77 proof by synthesis, 18–9 protein folding, 41–2 protein synthesis, 136–7 proteins, 34–6 in cells, 108, 138 as genetic material, 4, 24, 26–7 half-life of, 41 as hardware of life, 34, 47 life and degradation of, 43 and radiation, 90 ribosomes, 37–9 structured by DNA, 46 and temperature, 55 understanding of, 28 zinc fingers, 150 quantum internet, 162 quantum mechanics, 37 quantum theory, 161 Racaniello, Vincent, 67 radiation, 90, 181–2 Ramakrishnan, Venkatraman, 38–9 Ramberg, Peter, 14 Rappuoli, Rino, 167 Ray, Thomas S., 22, 129 Registry of Standard Biological Parts, 147 religion, 79–82, 130 See also belief; vitalism responsibility See ethics restriction enzymes, 31–2 Rettberg, Randy, 146 reverse transcriptase, 66–7 Reynolds, Jacqueline, 37 ribosomes, 37–9 ribozymes, 132 Richardson, Toby, 164 Riggs, Arthur, 33 RNA, 30, 39–40 first genetic material, 132–4 mRNA, 37 tRNA, 31, 37, 48 viruses copied, 67 Roberts, Richard J., 133 Roddenberry, Gene, 160 Rose, Irwin A., 43 Rosen, Nathan, 161 Rowling, J.


pages: 412 words: 113,782

Business Lessons From a Radical Industrialist by Ray C. Anderson

"Friedman doctrine" OR "shareholder theory", addicted to oil, Alan Greenspan, Albert Einstein, An Inconvenient Truth, banking crisis, Bear Stearns, biodiversity loss, business cycle, carbon credits, carbon footprint, carbon tax, centralized clearinghouse, clean tech, clean water, corporate social responsibility, Credit Default Swap, dematerialisation, distributed generation, do well by doing good, Easter island, energy security, Exxon Valdez, fear of failure, Gordon Gekko, greed is good, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), intermodal, invisible hand, junk bonds, late fees, Mahatma Gandhi, market bubble, music of the spheres, Negawatt, Neil Armstrong, new economy, off-the-grid, oil shale / tar sands, oil shock, old-boy network, peak oil, precautionary principle, renewable energy credits, retail therapy, shareholder value, Silicon Valley, six sigma, subprime mortgage crisis, supply-chain management, urban renewal, Y2K

It’s true now with the so-called controversy over global warming. Let’s just wait, says the sanguine regulator. Well, waiting for the last shred of evidence is, in my view, a very foolish thing to do. As I understand the precautionary principle, it says that when the risk of not acting overshadows the cost of acting, it is time to act. When we slow down in our cars before taking a blind curve, that is the precautionary principle in action. It applies to business practices, too; and governments are not exempt either. If sales fall, if profit margins erode, if customers start going elsewhere, no good business person is going to wait very long to find out what is going on and make changes.

But I think there are also very few who would say they were not exacerbated and fueled by abnormally high sea surface temperatures. Katrina blew up from a category 1 hurricane to a category 5 in just a few days. Wilma did it in just one day. So, why was the Gulf of Mexico abnormally warm? The precautionary principle says we must not assume it was an accident. We must ask, What is going on? There are very few scientists who would not agree that hurricanes and floods, storms and droughts, will become more frequent and more fierce, the weather more erratic (the bane of every farmer!) as the atmosphere and oceans, with that thirty-year lag, grow warmer still in the years ahead.

Boone Pike, Judy Pinchot, Gifford and Libba Play to Win team-building exercises pollutants in manufacturing list of, from the old Interface substitutes for polylactic acid (PLA) population, environmental impact of population crash positive trends potato chips, environmentally sound production of poverty, global, challenge of power purchasing agreement (PPA) precautionary principle president actions that can be taken without congressional approval to mitigate climate change executive powers of leadership from new, advice for Presidential Climate Action Project (PCAP) President’s Council on Sustainable Development (PCSD) Price-Anderson Act problems, interconnected problem-solving, Einstein on Procter & Gamble public-private partnerships PVCs PZEV vehicles QUEST: Quality Utilizing Employees’ Suggestions and Teamwork Quinn, Daniel Ishmael rail, transportation by rainfall, run off from eroded land raw materials, reducing the amount and weight of RecycleBank RecycleBank Dollars recycled materials contaminated, expense of using price of replacing virgin raw materials recycling advantages of closed-loop by consumers incentives for nature’s way 100 percent goal ReEntry 2.0 regulations accused of shackling the free market effect of slowing environmental harm lag behind science regulators, keeping them at bay, with sustainability promise regulatory compliance reindeer, population crash of religion failure of institutions to solve environmental problems and science, conflict renewable energy goal of 100 percent renewable energy credits (REC) Re:Source Americas resources assumption that they are unlimited efficient use of peaking and decline of running out of respect, vs. autocratic management Riordan, Tim Rittenhouse, William Riverkeeper Robèrt, Karl-Henrik The Natural Step Rockland React-Rite Interface facility Rogers, Jim Roosevelt, Franklin Roosevelt, Theodore Roper, Anita Ruben, Andy St.


pages: 405 words: 117,219

In Our Own Image: Savior or Destroyer? The History and Future of Artificial Intelligence by George Zarkadakis

3D printing, Ada Lovelace, agricultural Revolution, Airbnb, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, animal electricity, anthropic principle, Asperger Syndrome, autonomous vehicles, barriers to entry, battle of ideas, Berlin Wall, bioinformatics, Bletchley Park, British Empire, business process, carbon-based life, cellular automata, Charles Babbage, Claude Shannon: information theory, combinatorial explosion, complexity theory, Computing Machinery and Intelligence, continuous integration, Conway's Game of Life, cosmological principle, dark matter, data science, deep learning, DeepMind, dematerialisation, double helix, Douglas Hofstadter, driverless car, Edward Snowden, epigenetics, Flash crash, Google Glasses, Gödel, Escher, Bach, Hans Moravec, income inequality, index card, industrial robot, intentional community, Internet of things, invention of agriculture, invention of the steam engine, invisible hand, Isaac Newton, Jacquard loom, Jacques de Vaucanson, James Watt: steam engine, job automation, John von Neumann, Joseph-Marie Jacquard, Kickstarter, liberal capitalism, lifelogging, machine translation, millennium bug, mirror neurons, Moravec's paradox, natural language processing, Nick Bostrom, Norbert Wiener, off grid, On the Economy of Machinery and Manufactures, packet switching, pattern recognition, Paul Erdős, Plato's cave, post-industrial society, power law, precautionary principle, prediction markets, Ray Kurzweil, Recombinant DNA, Rodney Brooks, Second Machine Age, self-driving car, seminal paper, Silicon Valley, social intelligence, speech recognition, stem cell, Stephen Hawking, Steven Pinker, Strategic Defense Initiative, strong AI, Stuart Kauffman, synthetic biology, systems thinking, technological singularity, The Coming Technological Singularity, The Future of Employment, the scientific method, theory of mind, Turing complete, Turing machine, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, Vernor Vinge, Von Neumann architecture, Watson beat the top human players on Jeopardy!, Y2K

The first, and most influential, idea is that scientists are passionate yet simple-minded idealists; that they aim to solve a big problem without working out in advance the moral or other consequences of their actions. This is the idea that runs through every discussion about the future of technology. It provides the emotional underpinning to the so-called ‘precautionary principle’, whereby one has to consider carefully the potential risks of an action before acting. The precautionary principle is used as a war banner in the campaign to prevent Frankenstein’s monster from ever becoming a reality. Unfortunately, the precautionary principle does not – and cannot – take into consideration the risks of inaction; and this is where every debate between the benefits and consequences of technology becomes heated.

A. 61–2, 68 Hofstadter, Douglas 186–8 Hohlenstein Stadel lion-man statuette 3–5, 19–20 holistic approach to knowledge 174–5 holistic scientific methods 41–2 Holocene period 10 Holy Scripture, authority of 113–14 homeostasis 173 Homo erectus 6–7, 8, 10 Homo habilis 6, 12 Homo heidelbergensis 7 Homo sapiens archaic species 7, 8, 10 emergence of modern humans 8 Homo neanderthalensis (Neanderthals) 4, 7–8, 9–10 Homo sapiens sapiens 9–10 human ancestors aesthetic practices 9 archaic Homo sapiens 7, 8, 10 arrival in Europe 3–5 australopithecines 5, 6, 22 changes in the Upper Palaeolithic Age 9–10, 11 common ancestor with chimpanzees 5 emergence of art in Europe 3–5 emergence of modern humans 8 exodus from Africa 3–4, 6–7, 8–9 Homo erectus 6–7, 8, 10 Homo habilis 6, 12 Homo heidelbergensis 7 Homo sapiens 7, 8, 10 Homo sapiens sapiens 9–10 in Africa 5–7 Neanderthals (Homo neanderthalensis) 4, 7–8, 9–10 Human Brain Project (HBP) xiv–xvi, 164–5, 287 see also brain (human) human culture, approaches to understanding 74–9 human replicas, disturbing feelings caused by 66–73 humanity becoming like machines (cyborgs) 79–85 future of 304–17 Hume, David 139–40 humors theory of life 31–4 humour, and theory of mind 54 Humphrey, Nicholas 11 hunter-gatherer view of the natural world 20–2 hydraulic and pneumatic automata 32–6 IBM (International Business Machines) 230, 263, 264 Ice Age Europe 4, 10, 21–2 iconoclasm 67 idealism versus materialism 92–4 identity theory 144–5 imagined world of the spirits 22–3, 25, 27 inanimate objects, projection of theory of mind 15–18 Incompleteness Theorem (Gödel) 180, 186, 206–9, 211–16 inductive logic 196, 197 information disembodiment of 146–52 significance of context 151–2 the mind as 123–5 information age 232–4 information theory 147–52 Ingold, Tim 20 intelligence, definitions of 48–9, 52 intelligent machines as objects of love 48–59 Internet brain metaphor 43 collection and manipulation of users’ data 250–3 origins of 238 potential for sentience 214–15 Internet of things 251–3 intuition 200, 211 Iron Man (film) 82 Ishiguro, Hiroshi 72 Islam 102 Jacquard loom 225 James, William 162 Johnson, Samuel 140 Kasparov, Garry 263 Kauffman, Stuart 295 Kempelen, Wolfgang von 37 Kline, Nathan 79 Koch, Christof 167–8 Krauss, Lawrence 244–5 Krugman, Paul 269 Kubrick, Stanley 56, 257 Kuhn, Thomas 29, 75 Kurzweil, Ray 126, 270–1 Lang, Fritz 50 language and genesis of the modern mind 13–15 and human relationship with objects 15–18 evolution of 13–15 naming of objects 16–17 LeCun, Yann 255 Leibniz, Gottfried Wilhelm 116–17, 218–20 Lettvin, Jerry 293 liberty, end of 313–17 life algorithms of 292–6 origins of 181–3 Life in the Bush of Ghosts (Tutuola) 19 linguistics, descriptions of reality 75 lion-man statuette of Stadel cave 3–5, 19–20 Llull, Ramon (Doctor Illuminatus) 218 Locke, John 139 locked-in syndrome 307 logic x–xi, 195–202 logical substitution method 180, 183, 186 Lokapannatti (early Buddhist story) 34 London forces 107 love conscious artefacts as objects of 48–59 human need for 55–6 human relationships with androids 53–9 Lovelace, Ada 62, 226–7, 228 Luddites 268 Machine Intelligence Research Institute 58–9 machine metaphor for life 36–8 Magdalenian period 21 magnetoencephalography (MEG) 159–60, 161 Maillardet, Henri 218 Marconi, Guglielmo 239 Maria (robot in Metropolis) 50, 51 Marlowe, Christopher 63 Mars colonisation 291 Marx, Groucho 205 materialism versus idealism 92–4 mathematical dematerialisation view 92 mathematical foundations of the universe 103–6 mathematical reflexivity 186–7 mathematics 31 formal logical systems 200–11 views on the nature of 136 Maturana, Humberto 294 McCarthy, John 256, 307 McCorduck, Pamela 45, 67 McCulloch, Warren S. 36, 175, 176–8, 256, 293 Mead, Margaret 175 mechanical metaphor for life 36–8 mechanical Turk 37 medicine, development of 31–2 meditation 157 memristors 286–7 Menabrea, Luigi 226, 227 Mesmer, Franz Anton 40 mesmerism 40 Mesopotamian civilisations 30 metacognition 184 metamathematics 202, 205, 207 metaphors confusing with the actual 44–5 for life and the mind 28–47 in general-purpose language 75 misunderstanding caused by 308–13 Metropolis (1927 film) 50, 51 Middle Palaeolithic 6 Miller, George 154, 155 Milton, John 1 mind altered states 110, 111 as pure information 123–5 aspects of 85–7 debate over the nature of 91–4 disembodiment of 42 empirical approach 143–6 quantum hypothesis 106–9 scientific theory of 152–3 search for a definition 189–91 self-awareness 86–7 separate from the body 110–15 view of Aristotole 137–8 mind-body problem 32, 114–19, 129–31 Minsky, Marvin 178, 256 modern mind big bang of 10, 12–15 birth of 10–15 impacts of the evolution of language 13–15 monads 117, 119 monism versus dualism 92–3 Moore’s Law 244–5, 263, 270–1, 287 moral decision-making 277–8 Moravec paradox 275–6 Morris, Ian 222 Morse, Samuel 42 mud metaphor for life 29–31, 45 My Life in the Bush of Ghosts (music album) 19 Nabokov, Vladimir 167 Nagel, Thomas 120, 121 Nariokotome boy 7 narratives 18–27, 75 see also metaphor Neanderthals (Homo neanderthalensis) 4, 7–8, 9–10 Negroponte, Nicholas 243–4 neopositivism 141 neural machines 282–7 neural networks theory 36 neural synapses, functioning of 117–19 neuristors 286–7 neurodegenerative diseases xiii–xiv, 163–4 Neuromancer (Gibson) 36 neuromorphic computer archtectures 286–7 neurons, McCulloch and Pitts model 177–8 neuroscience 158, 306–8 Newton, Isaac 38, 103 Nike’s Fuel Band 81 noetic machines (Darwins) 284 nootropic drugs 81 Nouvelle AI concept 288 Offray de La Mettrie, Julien 37 Ogawa, Seiji 158–9 Omo industrial complex 6 On the Origin of Species (Darwin) 289–90 ‘ontogeny recapitulates phylogeny’ concept 10 Otlet, Paul 239–40 out-of-body experiences 110–11 Ovid 49, 64 Paley, William 289 panpsychism 92, 117, 252 paradigm shifts 75 in the concept of life 29–47 Pascal, Blaise 219–20 Penrose, Roger 106–9, 117, 211–12, 214 Pert, Candace B. 170 physics, gaps in the Standard Model 105 Piketty, Thomas 267, 269 pineal gland 115–16 Pinker, Steven 13, 275 Pinocchio story 56 Pitts, Walter 36, 177–8, 256, 293 Plato 134, 143, 152, 176, 189, 305 central role of mathematics 103–6 idea of reality 78, 83 influence of 95–106 notion of philosopher-kings 98–9 separation of body and mind 112 The Republic 97–101, 309, 310 theory of forms 99–101, 104, 106 Platonism 101–2, 135–7, 139, 142, 146, 147, 182, 189, 190, 242–3, 296 Pleistocene epoch 7 Poe, Edgar Allan 79 Polidori, John William 60, 62 Popov, Alexander 239 Popper, Karl 98 Porter, Rodney 282 posthuman existence 147 postmodernism 208 post-structuralist philosophers 75–9 precautionary principle 64–5 predicate logic 198–200, 206 Principia Mathematica 205–6, 207 Prometheus 29–30, 63–4 psychoanalysis 50 psychons 118, 119 Pygmalion narrative 49–52 qualia of consciousness 120–3, 157 Quantified Self movement 81–2 quantum hypothesis for consciousness 106–9 quantum tunnelling 118–19 Ramachandran, Vilayanur 70 rationalism 116 Reagan, President Ronald 237 reality, impact of acquisition of language 15–18 reductionism 41–2, 104–5, 121, 184 reflexivity 183–4, 186–9 religions condemnation of human replicas 67 seeds of 22–3, 25–6 Renaissance 34, 103, 139, 218 RepRap machines 290 res cogitans (mental substance) 38, 113–14 res extensa (corporeal substance) 38, 113–14 resurrection beliefs 126–7 RoboCop 80 robot swarm experiments 287–8 robots human attitudes towards 50–1 rebellion against humans 53, 57–9 self-replication 289–92 see also androids Rochester, Nathaniel 256 Romans 31 Rubenstein, Michael 287–8, 291 Russell, Bertrand viii, 92, 198, 204, 205–6, 207, 208, 215 Russell, Stuart 270 Sagan, Carl 133 Saygin, Ayse Pinar 69 science as a cultural product 75–9 influence of Aristotle 134–8 influence of Descartes 113–19 influence of Plato see Plato scientific method 102–5, 121 scientific paradigms 75 scientific reasoning, as unnatural to us 133–4, 137 scientific theory, definition 166, 196 Scott, Ridley 53 Searle, John, Chinese Room experiment 52, 71 Second Commandment (Bible) 67 second machine age, impact of AI 266–9 Second World War 234–6 self-awareness 16, 86–7, 157, 215–16, 273–5 self-driving vehicles 263–4 self-organisation in cybernetic systems 273–4 in living things 292 self-referencing 186–9, 215–16 see also reflexivity self-referencing paradoxes 204–6 self-replicating machines/systems 179–82, 289–92 sensorimotor skills, deficiency in AI 275–6 servers, dependence on 245–9 Shannon, Claude 147–52, 154, 176, 230–1, 256 Shaw, George Bernard Shaw 49–50 Shelley, Mary, Frankenstein 40, 60–5, 165 Shelley, Percy Bysshe 60, 62, 63–4 Shickard, Wilhem 219 Silvester II, Pope 35 Simmons, Dan 160 simulated universe concept 127–9 smart drugs 81 Snow, C.


pages: 306 words: 82,909

A Hacker's Mind: How the Powerful Bend Society's Rules, and How to Bend Them Back by Bruce Schneier

4chan, Airbnb, airport security, algorithmic trading, Alignment Problem, AlphaGo, Automated Insights, banking crisis, Big Tech, bitcoin, blockchain, Boeing 737 MAX, Brian Krebs, Capital in the Twenty-First Century by Thomas Piketty, cloud computing, computerized trading, coronavirus, corporate personhood, COVID-19, cryptocurrency, dark pattern, deepfake, defense in depth, disinformation, Donald Trump, Double Irish / Dutch Sandwich, driverless car, Edward Thorp, Elon Musk, fake news, financial innovation, Financial Instability Hypothesis, first-past-the-post, Flash crash, full employment, gig economy, global pandemic, Goodhart's law, GPT-3, Greensill Capital, high net worth, Hyman Minsky, income inequality, independent contractor, index fund, information security, intangible asset, Internet of things, Isaac Newton, Jeff Bezos, job automation, late capitalism, lockdown, Lyft, Mark Zuckerberg, money market fund, moral hazard, move fast and break things, Nate Silver, offshore financial centre, OpenAI, payday loans, Peter Thiel, precautionary principle, Ralph Nader, recommendation engine, ride hailing / ride sharing, self-driving car, sentiment analysis, Skype, smart cities, SoftBank, supply chain finance, supply-chain attack, surveillance capitalism, systems thinking, TaskRabbit, technological determinism, TED Talk, The Wealth of Nations by Adam Smith, theory of mind, TikTok, too big to fail, Turing test, Uber and Lyft, uber lyft, ubercab, UNCLOS, union organizing, web application, WeWork, When a measure becomes a target, WikiLeaks, zero day

Luke Halpin and Doug Dannemiller (2019), “Artificial intelligence: The next frontier for investment management firms,” Deloitte, https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Financial-Services/fsi-artificial-intelligence-investment-mgmt.pdf. Peter Salvage (March 2019), “Artificial intelligence sweeps hedge funds,” BNY Mellon, https://www.bnymellon.com/us/en/insights/all-insights/artificial-intelligence-sweeps-hedge-funds.html. 244the precautionary principle: Maciej Kuziemski (1 May 2018), “A precautionary approach to artificial intelligence,” Project Syndicate, https://www.project-syndicate.org/commentary/precautionary-principle-for-artificial-intelligence-by-maciej-kuziemski-2018-05. 60. GOVERNANCE SYSTEMS FOR HACKING 245AI technologists and industry leaders: Nick Grossman (8 Apr 2015), “Regulation, the internet way,” Data-Smart City Solutions, Harvard University, https://datasmart.ash.harvard.edu/news/article/white-paper-regulation-the-internet-way-660. 246The Collingridge dilemma: Adam Thierer (16 Aug 2018), “The pacing problem, the Collingridge dilemma and technological determinism,” Technology Liberation Front, https://techliberation.com/2018/08/16/the-pacing-problem-the-collingridge-dilemma-technological-determinism. 247its processes and rulings: Stephan Grimmelikhuijsen et al.

And who decides? If you think government should be small enough to drown in a bathtub, then you probably think hacks that reduce government’s ability to control its citizens are usually good. But you still might not want to substitute technological overlords for political ones. If you believe in the precautionary principle, you want as many experts testing and judging hacks as possible before they’re incorporated into our social systems. And you might want to apply that principle further upstream, to the institutions and structures that make those hacks possible. The questions continue. Should AI-created hacks be governed locally or globally?


pages: 441 words: 136,954

That Used to Be Us by Thomas L. Friedman, Michael Mandelbaum

addicted to oil, Affordable Care Act / Obamacare, Alan Greenspan, Albert Einstein, Amazon Web Services, American Society of Civil Engineers: Report Card, Andy Kessler, Ayatollah Khomeini, bank run, barriers to entry, Bear Stearns, Berlin Wall, blue-collar work, Bretton Woods, business process, call centre, carbon footprint, carbon tax, Carmen Reinhart, Cass Sunstein, centre right, Climatic Research Unit, cloud computing, collective bargaining, corporate social responsibility, cotton gin, creative destruction, Credit Default Swap, crowdsourcing, delayed gratification, drop ship, energy security, Fall of the Berlin Wall, fear of failure, full employment, Google Earth, illegal immigration, immigration reform, income inequality, Intergovernmental Panel on Climate Change (IPCC), job automation, Kenneth Rogoff, knowledge economy, Lean Startup, low interest rates, low skilled workers, Mark Zuckerberg, market design, mass immigration, more computing power than Apollo, Network effects, Nixon triggered the end of the Bretton Woods system, obamacare, oil shock, PalmPilot, pension reform, precautionary principle, proprietary trading, Report Card for America’s Infrastructure, rising living standards, Ronald Reagan, Rosa Parks, Saturday Night Live, shareholder value, Silicon Valley, Silicon Valley startup, Skype, Steve Jobs, the long tail, the scientific method, Thomas L Friedman, too big to fail, University of East Anglia, vertical integration, WikiLeaks

Soon after Suskind’s book was published, the legal scholar Cass Sunstein, then at the University of Chicago, pointed out that Cheney seemed to be endorsing the same “precautionary principle” that animated environmentalists. Sunstein wrote in his blog: “According to the Precautionary Principle, it is appropriate to respond aggressively to low-probability, high-impact events—such as climate change. Indeed, another vice president—Al Gore—can be understood to be arguing for a precautionary principle for climate change (though he believes that the chance of disaster is well over 1 percent).” Cheney’s instinct on nuclear weapons in the hands of rogue states is the right framework for thinking about the climate issue.

Ross personal computers (PCs) Pew Charitable Trusts; Center on the States; Clean Energy Program; Research Center for the People & the Press Philadelphia Eagles football team physics; laws of; waging war on Picasa PIMCO Pink, Daniel Planned Parenthood Plutarch Poland Policker, Shai Pope, Jeremy C. Porter, Captain Wayne Portugal Potter, David PowerPoints Pradesh, Andhra Precautionary Principle Price of Liberty, A (Hormats) Price of Loyalty, The (Suskind) Prince, Charles Princeton University Procter & Gamble Progressive era Progressive Party ProPublica Public Policy Institute of California public-private partnerships Puranik, Arjun Ranganath R Race Between Education and Technology, The (Goldin and Katz) Race to Nowhere (movie) Rajan, Raghuram Rand, Ayn Rapert, Molly Rasmussen Reports Rauh, Joshua Reagan, Ronald recycling Red Flags or Red Herrings?


pages: 322 words: 87,181

Straight Talk on Trade: Ideas for a Sane World Economy by Dani Rodrik

3D printing, airline deregulation, Asian financial crisis, bank run, barriers to entry, behavioural economics, Berlin Wall, Bernie Sanders, blue-collar work, Bretton Woods, BRICs, business cycle, call centre, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Carmen Reinhart, carried interest, central bank independence, centre right, collective bargaining, conceptual framework, continuous integration, corporate governance, corporate social responsibility, currency manipulation / currency intervention, David Ricardo: comparative advantage, deindustrialization, Donald Trump, endogenous growth, Eugene Fama: efficient market hypothesis, eurozone crisis, export processing zone, failed state, financial deregulation, financial innovation, financial intermediation, financial repression, floating exchange rates, full employment, future of work, general purpose technology, George Akerlof, global value chain, income inequality, inflation targeting, information asymmetry, investor state dispute settlement, invisible hand, Jean Tirole, Kenneth Rogoff, low interest rates, low skilled workers, manufacturing employment, market clearing, market fundamentalism, meta-analysis, moral hazard, Nelson Mandela, new economy, offshore financial centre, open borders, open economy, open immigration, Pareto efficiency, postindustrial economy, precautionary principle, price stability, public intellectual, pushing on a string, race to the bottom, randomized controlled trial, regulatory arbitrage, rent control, rent-seeking, Richard Thaler, Robert Gordon, Robert Shiller, Ronald Reagan, Sam Peltzman, Silicon Valley, Solyndra, special economic zone, spectrum auction, Steven Pinker, tacit knowledge, The Rise and Fall of American Growth, the scientific method, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, total factor productivity, trade liberalization, transaction costs, Tyler Cowen, unorthodox policies, Washington Consensus, World Values Survey, zero-sum game, éminence grise

The European Union argued that it had applied a broader principle not explicitly covered by the World Trade Organization, the “precautionary principle,” which permits greater caution in the presence of scientific uncertainty. The precautionary principle reverses the burden of proof. Instead of asking, “Is there reasonable evidence that growth hormones, or GMOs, have adverse effects?” it requires policy makers to ask, “Are we reasonably sure that they do not?” In many unsettled areas of scientific knowledge, the answer to both questions can be no. Whether the precautionary principle makes sense depends both on the degree of risk aversion and on the extent to which potential adverse effects are large and irreversible.


pages: 207 words: 52,716

Capitalism 3.0: A Guide to Reclaiming the Commons by Peter Barnes

Albert Einstein, car-free, carbon tax, clean water, collective bargaining, corporate governance, corporate personhood, corporate raider, corporate social responsibility, cotton gin, dark matter, digital divide, diversified portfolio, do well by doing good, Easter island, en.wikipedia.org, Garrett Hardin, gentrification, hypertext link, Isaac Newton, James Watt: steam engine, jitney, junk bonds, Michael Milken, military-industrial complex, money market fund, new economy, patent troll, precautionary principle, profit maximization, Ronald Coase, telemarketer, The Wealth of Nations by Adam Smith, Tragedy of the Commons, transaction costs, War on Poverty, Yogi Berra

No one at the moment puts future generations first. That’s Job Number One for the commons sector. Reinventing the Commons | 75 In practice, this means trustees of common property should be legally accountable to future generations. (We’ll see how this might work in chapter 6.) They should also be bound by the precautionary principle: when in doubt, err on the side of safety. And when faced with a conflict between short-term gain and long-term preservation, they should be required to choose the latter. THE MORE THE MERRIER Whereas private property is inherently exclusive, common property strives to be inclusive. It always wants more co-owners or participants, consistent with preservation of the asset.

Appendix Key Features of Corporate, State, and Commons Sectors CORPORATIONS STATE COMMONS Key functions Making things; seeking shortterm profit Defining, assigning, balancing rights Sharing gifts and preserving them for future generations Key institutions Corporations; labor unions Legislature Executive Judiciary Ecosystem trusts, permanent funds, open access commons, intergenerational pacts, community commons Key human actors Directors Politicians Trustees Accountable to Share owners Voters (donors) Future generations, living citizens equally, nonhuman species, communities Algorithms Maximize profit; distribute earnings to existing shareholders Win most votes (raise most money) Preserve asset; live off income, not principal; follow the precautionary principle; the more beneficiaries the better Time horizon Next quarter Next election Next generation Ownership regime One dollar, one share One person, one vote (one dollar, one vote) One person, one share Transferable ownership Yes Voting rights: No Property: Yes Beneficial rights: No Usage rights: Yes From each according to . . .


The Techno-Human Condition by Braden R. Allenby, Daniel R. Sarewitz

"World Economic Forum" Davos, Abraham Maslow, airport security, Anthropocene, augmented reality, carbon credits, carbon footprint, clean water, cognitive dissonance, cognitive load, coherent worldview, conceptual framework, creative destruction, Credit Default Swap, decarbonisation, different worldview, Edward Jenner, facts on the ground, friendly fire, Hans Moravec, industrial cluster, information security, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, Jane Jacobs, land tenure, Lewis Mumford, life extension, Long Term Capital Management, market fundamentalism, mutually assured destruction, Nick Bostrom, nuclear winter, Peter Singer: altruism, planetary scale, precautionary principle, prediction markets, radical life extension, Ralph Waldo Emerson, Ray Kurzweil, Silicon Valley, smart grid, source of truth, stem cell, Stewart Brand, synthetic biology, technoutopianism, the built environment, The Wealth of Nations by Adam Smith, transcontinental railway, We are as Gods, Whole Earth Catalog

Oh, sure, there have been plenty of attempts to paper over this gap by applying existing ethical approaches to ethics at the level of Earth systems and Level III technology systems. (We will call ethics for Level III Earth systems "macroethics.") A well-known example among environmental and sustainability thinkers is the Precautionary Principle, stated in the UN's 1982 World Charter for Nature: "[W]here potential adverse effects are not fully understood, the activities should not proceed." Aldo Leopold provides another example related to sustainability: "A thing is right when it tends to preserve the integrity, stability and beauty of the biotic community.

., 18 Notice-and-comment rulemaking, 165 Nuclear power, 174ff Nuclear winter, 67, 78 Occupational health and safety, 52 Office of Naval Research, 89 Olympic Games, 3, 4 Oppenheimer,]. R., 10, 11 Orwell, G., 187ff Ozone depletion, 163 Pangloss, Dr.,160, 172 Panic of 2008, 114 "Passage to India," 77 Pielke, R., 170 Pol Pot, 121 Polio, 47 Pool, R., 167 Precautionary Principle, 181 Predator drone, 144, 150, 151, 155 President's Council on Bioethics, 21 Principles of technological evolution,79 Progress, 31ff, 43 Project for the New American Century, 91 Index Prosthetic arms, 17 Proust, M., 149 Prussia, 75££, 130 Prussian Railway Fund, 75 Radiation, 66, 67 Railroads, 3, 71ff and American exceptionalism, 74-77 and industrial capitalism, 73 and principles of technological evolution, 79ff and Prussian military, 75 and psychological dislocation, 73, 74 and Schlieffen Plan, 76 and telegraph technology 72, 73 and time, 34, 71, 72 "Railroad singularity," 64 Raven drone, 150 Reagan, Ronald, 114 Reformation, 3,118 Registry of Standard Biological Parts, 68 Reliability, of organizations, 167 Religion of Technology, The, 18 Reproduction, assisted, 57 "Responsibility to protect," 137 "Reverse adaptation," 45 Revolutions in civilian systems (RCS),140ff Revolutions in military operations and culture (RMOC), 140ff Revolutions in military technologies (RMT), 137ff Revolutions in nature of conflict (RNC), 137££ Rhodes, R., 182 Rittel, J., 109 221 Robotics, 8, 80, 178 Robots, military, 150 Roll Back Malaria campaign, 48,49 Roman Empire, 132 Rousseau, J.


pages: 761 words: 231,902

The Singularity Is Near: When Humans Transcend Biology by Ray Kurzweil

additive manufacturing, AI winter, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Albert Einstein, anthropic principle, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, backpropagation, Benoit Mandelbrot, Bill Joy: nanobots, bioinformatics, brain emulation, Brewster Kahle, Brownian motion, business cycle, business intelligence, c2.com, call centre, carbon-based life, cellular automata, Charles Babbage, Claude Shannon: information theory, complexity theory, conceptual framework, Conway's Game of Life, coronavirus, cosmological constant, cosmological principle, cuban missile crisis, data acquisition, Dava Sobel, David Brooks, Dean Kamen, digital divide, disintermediation, double helix, Douglas Hofstadter, en.wikipedia.org, epigenetics, factory automation, friendly AI, functional programming, George Gilder, Gödel, Escher, Bach, Hans Moravec, hype cycle, informal economy, information retrieval, information security, invention of the telephone, invention of the telescope, invention of writing, iterative process, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John von Neumann, Kevin Kelly, Law of Accelerating Returns, life extension, lifelogging, linked data, Loebner Prize, Louis Pasteur, mandelbrot fractal, Marshall McLuhan, Mikhail Gorbachev, Mitch Kapor, mouse model, Murray Gell-Mann, mutually assured destruction, natural language processing, Network effects, new economy, Nick Bostrom, Norbert Wiener, oil shale / tar sands, optical character recognition, PalmPilot, pattern recognition, phenotype, power law, precautionary principle, premature optimization, punch-card reader, quantum cryptography, quantum entanglement, radical life extension, randomized controlled trial, Ray Kurzweil, remote working, reversible computing, Richard Feynman, Robert Metcalfe, Rodney Brooks, scientific worldview, Search for Extraterrestrial Intelligence, selection bias, semantic web, seminal paper, Silicon Valley, Singularitarianism, speech recognition, statistical model, stem cell, Stephen Hawking, Stewart Brand, strong AI, Stuart Kauffman, superintelligent machines, technological singularity, Ted Kaczynski, telepresence, The Coming Technological Singularity, Thomas Bayes, transaction costs, Turing machine, Turing test, two and twenty, Vernor Vinge, Y2K, Yogi Berra

The window for malevolent nanobots will ultimately be closed by strong artificial intelligence, but, not surprisingly, "unfriendly" AI will itself present an even more compelling existential risk, which I discuss below (see p. 420). The Precautionary Principle. As Bostrom, Freitas, and other observers including myself have pointed out, we cannot rely on trial-and-error approaches to deal with existential risks. There are competing interpretations of what has become known as the "precautionary principle." (If the consequences of an action are unknown but judged by some scientists to have even a small risk of being profoundly negative, it's better to not carry out the action than risk negative consequences.)

CHAPTER SEVEN Ich bin ein Singularitarian272 Still Human? The Vexing Question of Consciousness 276 Who Am I? What Am I? 280 The Singularity as Transcendence 283 CHAPTER EIGHT The Deeply Intertwined Promise and Peril of GNR286 Intertwined Benefits. . . 289 . . . and Dangers 290 A Panoply of Existential Risks 292 The Precautionary Principle. The Smaller the Interaction, the Larger the Explosive Potential. Our Simulation Is Turned Off. Crashing the Party. GNR: The Proper Focus of Promise Versus Peril. The Inevitability of a Transformed Future. Totalitarian Relinquishment. Preparing the Defenses 296 Strong AI. Returning to the Past?

This is one reason we're hearing increasingly strident voices demanding that we shut down the advance of technology, as a primary strategy to eliminate new existential risks before they occur. Relinquishment, however, is not the appropriate response and will only interfere with the profound benefits of these emerging technologies while actually increasing the likelihood of a disastrous outcome. Max More articulates the limitations of the precautionary principle and advocates replacing it with what he calls the "proactionary principle," which involves balancing the risks of action and inaction.24 Before discussing how to respond to the new challenge of existential risks, it's worth reviewing a few more that have been postulated by Bostrom and others.


Propaganda and the Public Mind by Noam Chomsky, David Barsamian

"World Economic Forum" Davos, Alan Greenspan, Albert Einstein, AOL-Time Warner, Asian financial crisis, Bretton Woods, business cycle, capital controls, deindustrialization, digital divide, European colonialism, experimental subject, Howard Zinn, Hyman Minsky, interchangeable parts, language acquisition, liberation theology, Martin Wolf, one-state solution, precautionary principle, public intellectual, Ralph Nader, RAND corporation, school vouchers, Silicon Valley, structural adjustment programs, Thomas L Friedman, Tobin tax, Washington Consensus

The New York Times report stated it pretty accurately.12 The United States was virtually alone most of the time in the negotiations leading to the compromise. The U.S. was joined by a couple of other countries which would also expect to profit from biotechnology exports. The United States is against most of the world over a very significant issue, what’s called the “precautionary principle.” That means, is there a right for people to say, I don’t want to be a subject in some experiment you’re carrying out? At the personal level, that is permissible. For example, if somebody comes into your office from the university biology department and says, You’re going to be a subject in an experiment that I’m carrying out.

According to those rules, the experimental subjects have to provide scientific evidence that it’s going to harm them, or else the transcendent value of corporate rights prevails and they can do what they want. That’s what Ed Herman calls “producer sovereignty.”13 Europe and most of the rest of the world insisted on the precautionary principle, that is, the right of people to say, I don’t want to be an experimental subject. I don’t have scientific proof that it’s going to harm me, but I don’t want to be subjected to that. I want to wait until it’s understood. That’s a very clear indication of what’s at stake, an attack on the rights of people to make their own decisions over things even as simple as whether you’re going to be an experimental subject, let alone controlling your own resources or setting conditions on foreign investment or transferring your economy into the hands of foreign investment firms and banks.


pages: 462 words: 150,129

The Rational Optimist: How Prosperity Evolves by Matt Ridley

"World Economic Forum" Davos, 23andMe, Abraham Maslow, agricultural Revolution, air freight, back-to-the-land, banking crisis, barriers to entry, Bernie Madoff, British Empire, call centre, carbon credits, carbon footprint, carbon tax, Cesare Marchetti: Marchetti’s constant, charter city, clean water, cloud computing, cognitive dissonance, collateralized debt obligation, colonial exploitation, colonial rule, Corn Laws, Cornelius Vanderbilt, cotton gin, creative destruction, credit crunch, David Ricardo: comparative advantage, decarbonisation, dematerialisation, demographic dividend, demographic transition, double entry bookkeeping, Easter island, Edward Glaeser, Edward Jenner, electricity market, en.wikipedia.org, everywhere but in the productivity statistics, falling living standards, feminist movement, financial innovation, flying shuttle, Flynn Effect, food miles, Ford Model T, Garrett Hardin, Gordon Gekko, greed is good, Hans Rosling, happiness index / gross national happiness, haute cuisine, hedonic treadmill, Herbert Marcuse, Hernando de Soto, income inequality, income per capita, Indoor air pollution, informal economy, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, invisible hand, James Hargreaves, James Watt: steam engine, Jane Jacobs, Jevons paradox, John Nash: game theory, joint-stock limited liability company, Joseph Schumpeter, Kevin Kelly, Kickstarter, knowledge worker, Kula ring, Large Hadron Collider, Mark Zuckerberg, Medieval Warm Period, meta-analysis, mutually assured destruction, Naomi Klein, Northern Rock, nuclear winter, ocean acidification, oil shale / tar sands, out of africa, packet switching, patent troll, Pax Mongolica, Peter Thiel, phenotype, plutocrats, Ponzi scheme, precautionary principle, Productivity paradox, profit motive, purchasing power parity, race to the bottom, Ray Kurzweil, rent-seeking, rising living standards, Robert Solow, Silicon Valley, spice trade, spinning jenny, stem cell, Steve Jobs, Steven Pinker, Stewart Brand, supervolcano, technological singularity, Thales and the olive presses, Thales of Miletus, the long tail, The Wealth of Nations by Adam Smith, Thorstein Veblen, trade route, Tragedy of the Commons, transaction costs, ultimatum game, upwardly mobile, urban sprawl, Vernor Vinge, Vilfredo Pareto, wage slave, working poor, working-age population, world market for maybe five computers, Y2K, Yogi Berra, zero-sum game

Quality-of-life in individualistic society: A comparison of 43 nations in the early 1990’s. Social Indicators Research 48:157–86. p. 28 ‘some pressure groups may have exacerbated real hunger in Zambia’. Paarlberg, R. 2008. Starved for Science. Harvard University Press. p. 28 ‘The precautionary principle’. Ron Bailey points out that most renditions of the precautionary principle boil down to the injunction: ‘Never do anything for the first time.’ http://reason.com/archives/2003/07/02/making-the-future-safe. p. 29 ‘By the same age, human hunter-gatherers have consumed about 20 per cent of their lifetime calories, but produced just 4 per cent.’

It is precisely because so much human betterment has been shown to be possible in recent centuries that the continuing imperfection of the world places a moral duty on humanity to allow economic evolution to continue. To prevent change, innovation and growth is to stand in the way of potential compassion. Let it never be for gotten that, by propagating excessive caution about genetically modified food aid, some pressure groups may have exacerbated real hunger in Zambia in the early 2000s. The precautionary principle – better safe than sorry – condemns itself: in a sorry world there is no safety to be found in standing still. More immediately, the financial crash of 2008 has caused a deep and painful recession that will generate mass unemployment and real hardship in many parts of the world. The reality of rising living standards feels to many today to be a trick, a pyramid scheme achieved by borrowing from the future.


Data Action: Using Data for Public Good by Sarah Williams

affirmative action, Amazon Mechanical Turk, Andrei Shleifer, augmented reality, autonomous vehicles, Brexit referendum, Cambridge Analytica, Charles Babbage, City Beautiful movement, commoditize, coronavirus, COVID-19, crowdsourcing, data acquisition, data is the new oil, data philanthropy, data science, digital divide, digital twin, Donald Trump, driverless car, Edward Glaeser, fake news, four colour theorem, global village, Google Earth, informal economy, Internet of things, Jane Jacobs, John Snow's cholera map, Kibera, Lewis Mumford, Marshall McLuhan, mass immigration, mass incarceration, megacity, military-industrial complex, Minecraft, neoliberal agenda, New Urbanism, Norbert Wiener, nowcasting, oil shale / tar sands, openstreetmap, place-making, precautionary principle, RAND corporation, ride hailing / ride sharing, selection bias, self-driving car, sentiment analysis, Sidewalk Labs, smart cities, Smart Cities: Big Data, Civic Hackers, and the Quest for a New Utopia, Steven Levy, the built environment, The Chicago School, The Death and Life of Great American Cities, transatlantic slave trade, Uber for X, upwardly mobile, urban planning, urban renewal, W. E. B. Du Bois, Works Progress Administration

They have developed seven ideas for considering how to use data responsibly, which I believe echo the Data Action methodology. The first, power dynamics, asks us to consider the least powerful actors in data analytics and determine how they might respond to the work we are doing. They ask us to build in ethical checks during the process of taking data to action. They advocate what they call the precautionary principle: if you cannot determine the risk or harms, then evaluate whether the work is truly necessary. They believe we should all innovate with data thoughtfully, not for speed. We should hold ourselves to a higher standard, as regulations have yet to catch up with practice; we should develop our own best practices and lead by example—address diversity and bias and ask ourselves what perspectives are missing.

See also specific cities fine particulate matter (PM) 68 fracking and 68, 85, 216 Pensacola, Florida 69 People, data and 220–221 Persuasion 183–185 Peru, khipu in 2, 4 Peterson, Jon 30 Philadelphia, Pennsylvania 22, 24 Philadelphia Negro, The (Du Bois) 22 map 24 Philippines 204, 206 Phoenix, Arizona, Million Dollar Blocks project and 162 Pickles, John 155 Pittsburgh, Pennsylvania 22, 29 chart 28 typhoid fever cases mapped by ward 28 Pittsburgh Survey (1907), Russell Sage Foundation 28, 29, 30 Playfair, William 2, 138, 140, 219 Plymouth Chapter of the Society for Effecting the Abolition of Slave Trade 140–141 Points of interest (POIs) 96 Policy change, data for 14 Political phone surveys xii Pollution 59, 61, 60, 62, 66, 85 PopGrid Data Collective 200 Population data 200, 203, 204 censuses and 1–9, 13–14, 32, 46, 168, 200 high resolution 200 urban planning and 203–204 Porway, Jake 207 Power dynamics, data and 216–217 Precautionary principle 199 Prisons in upstate New York 160, 162 Privacy. See Data privacy Pruitt-Igoe housing project 34 Psychological City project 135 Public good(s) data and xviii, 187–210 non-excludable and non-rivalrous 193–194 Public health 10 data analysis and 10–13 urban populations 10 Public insights, data and 219–220 Public Lab 69 Balloon and Kite Mapping tool kits 71 balloon mapping kit 70, 71 project in Louisiana 85 Public participation 45–46, 183–185 Public Participation Geographic Information Systems (PPGIS) 45–46 Qualitative analytics, social reformers and 39–42 Qualitative vs. quantitative data 41 Race racial profiling 177–178 (see also Stop-and-frisk policy) redistricting and 5 redlining and xiii, 34, 220 zoning and 31–34 Radiation detection, in Japan 75, 76 Rainforest Connection 77 RAND Corporation 43–45 Raw data 51–89 “Raw Data” Is an Oxymoron (Gitelman) xii Reapportionment Act of 1929, 8 Red Cross 55, 80, 82, 203 Redistricting 5–6, 7, 8 Redlining xiii, 34, 220 Regulation xix, 194, 198–199, 221 of autonomous vehicles (AVs) 195–196 of data 188 Report on the Sanitary Condition of the Labouring Population (Chadwick) 13 map 11 Requiem for Large Scale Models (Lee) 45 Responsible Data (organization) 199 Responsive City, The (Goldsmith and Crawford) 47 The Revolution Will Not Be Funded 58 Rio de Janeiro, Brazil 47 “The Rise of Crowdsourcing” (Howe) 73 Roads, data on 66, 144, 146 Rockefeller Foundation 147 Rogstadius, Jakob 132 Romans 1 Roter, Rebecca, sensors of 68 Royal Housing Commission 17 Royal Statistical Society 10 Russell Sage Foundation 30 Safecast project 73–74, 75, 85–86 SAGE 43 Saiz, Albert 98 Sanborn Fire Insurance 16 map of Boston 14, 15 typical key to Sanborn map 16 Sanborn National Insurance Diagram Company.


pages: 304 words: 90,084

Net Zero: How We Stop Causing Climate Change by Dieter Helm

3D printing, autonomous vehicles, Berlin Wall, biodiversity loss, blockchain, Boris Johnson, carbon credits, carbon footprint, carbon tax, clean water, congestion charging, coronavirus, COVID-19, CRISPR, decarbonisation, deindustrialization, demand response, Deng Xiaoping, Donald Trump, electricity market, Extinction Rebellion, fixed income, food miles, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, Great Leap Forward, green new deal, Greta Thunberg, Haber-Bosch Process, high-speed rail, hydrogen economy, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jevons paradox, lockdown, market design, means of production, microplastics / micro fibres, North Sea oil, ocean acidification, off grid, off-the-grid, oil shale / tar sands, oil shock, peak oil, planetary scale, precautionary principle, price mechanism, quantitative easing, remote working, reshoring, rewilding, Ronald Reagan, smart meter, South China Sea, sovereign wealth fund, statistical model, systems thinking, Thomas Malthus

The third principle for a sustainable economy: Net environmental gain The third principle is a particular subset of the polluter-pays principle, and of special relevance to climate change. The net gain principle requires that any damage done must be compensated for by more than the expected damage, on the precautionary principle that there is always uncertainty about whether the net gains will actually materialise as anticipated and produce the predicted results. The net gain principle itself comes in several versions. The narrow one is that specific damage to natural capital is addressed. Property developers are, for example, required to ensure net biodiversity gain.

This is how you are going to turn your carbon diary into your own net zero consumption. It is the third part of a unilateral strategy, along with the carbon price and building the infrastructure. The net gain principle goes a bit further: it says you should put back a bit more carbon than you emit, on the precautionary principle. Why precautionary? Because there will always be some leakage, and there will also be cheating. Measuring carbon imports as part of net zero carbon consumption is always going to be an approximate effort (roughly right rather than precisely wrong), and trying to capture everything from a garden bonfire to a plastic wrapper is all but impossible.


pages: 797 words: 227,399

Wired for War: The Robotics Revolution and Conflict in the 21st Century by P. W. Singer

agricultural Revolution, Albert Einstein, Alvin Toffler, Any sufficiently advanced technology is indistinguishable from magic, Atahualpa, barriers to entry, Berlin Wall, Bill Joy: nanobots, Bletchley Park, blue-collar work, borderless world, Boston Dynamics, Charles Babbage, Charles Lindbergh, clean water, Craig Reynolds: boids flock, cuban missile crisis, digital divide, digital map, Dr. Strangelove, en.wikipedia.org, Ernest Rutherford, failed state, Fall of the Berlin Wall, Firefox, Ford Model T, Francisco Pizarro, Frank Gehry, friendly fire, Future Shock, game design, George Gilder, Google Earth, Grace Hopper, Hans Moravec, I think there is a world market for maybe five computers, if you build it, they will come, illegal immigration, industrial robot, information security, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invention of gunpowder, invention of movable type, invention of the steam engine, Isaac Newton, Jacques de Vaucanson, job automation, Johann Wolfgang von Goethe, junk bonds, Law of Accelerating Returns, Mars Rover, Menlo Park, mirror neurons, Neal Stephenson, New Urbanism, Nick Bostrom, no-fly zone, PalmPilot, paperclip maximiser, pattern recognition, precautionary principle, private military company, RAND corporation, Ray Kurzweil, RFID, robot derives from the Czech word robota Czech, meaning slave, Rodney Brooks, Ronald Reagan, Schrödinger's Cat, Silicon Valley, social intelligence, speech recognition, Stephen Hawking, Strategic Defense Initiative, strong AI, technological singularity, The Coming Technological Singularity, The Wisdom of Crowds, Timothy McVeigh, Turing test, Vernor Vinge, Virgin Galactic, Wall-E, warehouse robotics, world market for maybe five computers, Yogi Berra

., broadcast on October 12, 2006. 424 an ethic of “design ahead” Drexler, Engines of Creation. 424 “There is no sense” Daniel Wilson, interview, Peter W. Singer, October 19, 2006. 425 “Redundancy can bring” Drexler, Engines of Creation , 178. 425 “with a ‘conscience’ that would reflect” Smalley, “Georgia Tech’s Ronald Arkin.” 426 “Make a habit of two things” Hippocrates, The Epidemics, book 1, section V. 426 “precautionary principle” David Runciman, “The Precautionary Principle,” London Review of Books, 2004, http://www.lrb.co.uk/v26/n07/print/runc01_.html. 426 “define and deal” Julia A. Moore, “The Future Dances on a Pin’s Head; Nanotechnology: Will It Be a Boon—Or Kill Us All?,” Los Angeles Times, November 26, 2002. 426 “We have reached a point” Neal Pollard, “Technology and Intelligence Reform: Opportunities and Hurdles,” in The Faces of Intelligence Reform, ed.

Scientists must start to conduct themselves by something equivalent to the guidelines that the ancient Greek physician Hippocrates laid out for future generations of doctors. “Make a habit of two things—to help, or at least to do no harm.” Martin Rees, royal astronomer of the United Kingdom (a position that is like the top science adviser to the queen), calls for the implementation of the “precautionary principle.” It isn’t that scientists should stop their research work altogether if anything bad might happen, but rather that they must start to make a good-faith effort to prevent the potential bad effects that might come from their inventions. These kinds of guidelines won’t arise overnight, but many scientists note that there already are models of how they might come about in high-tech fields.

Pioneer (drone) Pixar (film company) Pizarro, Francisco Planet of Slums (Davis) Platt, David PLUS (Persistent Littoral Undersea Surveillance) Polecat (unmanned aerial vehicle) Polybot (robot) Popular Science Postal Service, U.S. Potter, Steve poverty cities and population growth and stateless zones and Powell, Colin Powers, Francis Gary PRAWNs (Proliferated Autonomous Weapons) precautionary principle Precision Airborne Standoff Directed Energy Weapon (PASDEW) Predator (film) Predator (unmanned aerial vehicle) in Afghan operations development of prototypes of upgraded Prey (Crichton) Proceedings (U.S. Navy) Professional, Educated, Trained, and Empowered (PETE) electronic assistant Project Alpha Pugwash movement Pulsed Energy Projectile Purple (supercomputer) al-Qaeda technology and al-Qaeda in Iraq Qiao Liang QinetiQ Quantico (Bear) QuickTime (software program) Quinn, Robert radio control devices radio-frequency identification(RFID) radio-frequency weapons (e-bombs) Raduege, Harry Rainbows End: A Novel with One Foot in the Future (Vinge) Ramirez, Louis Ramona (AI program) RAND Raven (unmanned aerial vehicle) Raytheon RCA Reagan, Ronald Real-Time Adversarial Intelligence and Decision-making (RAID) Reaper (unmanned aerial vehicle) Record, Jeffrey Reed, Lou Rees, Martin Reid, John Reid, Steve Remotec Remote Environmental Monitoring Unit (REMUS) remotely piloted vehicles (RPVs) Repliee (android) Republican Guard, Iraqi REV (Robotic Evacuation Vehicle) REX (Robotic Extraction Vehicle) Reynolds, Craig RFID (radio-frequency identification) RHEX (robot) Ribich, William Rice, Condoleezza Richards, Russ Richtofen, Manfred von Rifkin, Jeremy RMA (revolution in military affairs) hybrid technology and network-centric warfare and Robb, John Robert Heinlein, U.S.S.


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The Economists' Hour: How the False Prophets of Free Markets Fractured Our Society by Binyamin Appelbaum

90 percent rule, airline deregulation, Alan Greenspan, Alvin Roth, Andrei Shleifer, anti-communist, battle of ideas, Benoit Mandelbrot, Big bang: deregulation of the City of London, Bretton Woods, British Empire, business cycle, capital controls, Carmen Reinhart, Cass Sunstein, Celtic Tiger, central bank independence, clean water, collective bargaining, Corn Laws, correlation does not imply causation, Credit Default Swap, currency manipulation / currency intervention, David Ricardo: comparative advantage, deindustrialization, Deng Xiaoping, desegregation, Diane Coyle, Donald Trump, Dr. Strangelove, ending welfare as we know it, financial deregulation, financial engineering, financial innovation, fixed income, flag carrier, floating exchange rates, full employment, George Akerlof, George Gilder, Gini coefficient, greed is good, Greenspan put, Growth in a Time of Debt, Ida Tarbell, income inequality, income per capita, index fund, inflation targeting, invisible hand, Isaac Newton, It's morning again in America, Jean Tirole, John Markoff, Kenneth Arrow, Kenneth Rogoff, land reform, Les Trente Glorieuses, long and variable lags, Long Term Capital Management, low cost airline, low interest rates, manufacturing employment, means of production, Menlo Park, minimum wage unemployment, Mohammed Bouazizi, money market fund, Mont Pelerin Society, Network effects, new economy, Nixon triggered the end of the Bretton Woods system, oil shock, Paul Samuelson, Philip Mirowski, Phillips curve, plutocrats, precautionary principle, price stability, profit motive, public intellectual, Ralph Nader, RAND corporation, rent control, rent-seeking, Richard Thaler, road to serfdom, Robert Bork, Robert Gordon, Robert Solow, Ronald Coase, Ronald Reagan, Sam Peltzman, Savings and loan crisis, Silicon Valley, Simon Kuznets, starchitect, Steve Bannon, Steve Jobs, supply-chain management, The Chicago School, The Great Moderation, The Myth of the Rational Market, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, transaction costs, trickle-down economics, ultimatum game, Unsafe at Any Speed, urban renewal, War on Poverty, Washington Consensus, We are all Keynesians now

My treatment of this trend draws on David Vogel, The Politics of Precaution: Regulating Health, Safety and Environmental Risks in Europe and the United States (Princeton, N.J.: Princeton University Press, 2012). 88. Pfizer’s full-page ad was published in European Voice the week of February 17, 2000. See Andrew Jordan, “The Precautionary Principle in the European Union,” in Reinterpreting the Precautionary Principle, ed. Tim O’Riordan, James Cameron, and Andrew Jordan (London: Cameron May, 2001), 154. Chapter 8. Money, Problems 1. F. A. Mackenzie, The American Invaders: Their Plans, Tactics and Progress (London: Grant Richards, 1902), 142–43. 2. The idea that trade would discourage military conflict was in broad circulation in the 1930s and 1940s.

The company established a European headquarters in Brussels, the seat of the E.U., the better to cultivate its new overseers.85 One reason for the split is a difference over the role of economics. The European Union has taken a measured view of the value of cost-benefit analysis, particularly in environmental policy making. Its 1992 Maastricht Treaty enshrined a “precautionary principle” as the standard for regulation, meaning regulators do not require clear evidence of harm to impose restrictions. European regulators weigh costs and benefits, but they place a greater weight than their American counterparts on risks that can’t be measured. “Those in public office have a duty not to wait until their worst fears are realized,” Robert Coleman, the director general for health and consumer protection of the European Commission (the E.U.’s executive arm), said in 2002.86 In 2010, for example, the European Union banned baby bottles containing bisphenol A (BPA), a common ingredient in clear, hard plastics, citing “uncertainty” about its health effects.


The New Harvest: Agricultural Innovation in Africa by Calestous Juma

agricultural Revolution, Albert Einstein, barriers to entry, bioinformatics, business climate, carbon footprint, clean water, colonial rule, conceptual framework, creative destruction, CRISPR, double helix, electricity market, energy security, energy transition, export processing zone, global value chain, high-speed rail, impact investing, income per capita, industrial cluster, informal economy, Intergovernmental Panel on Climate Change (IPCC), Joseph Schumpeter, knowledge economy, land tenure, M-Pesa, microcredit, mobile money, non-tariff barriers, off grid, out of africa, precautionary principle, precision agriculture, Recombinant DNA, rolling blackouts, search costs, Second Machine Age, self-driving car, Silicon Valley, sovereign wealth fund, structural adjustment programs, supply-chain management, synthetic biology, systems thinking, total factor productivity, undersea cable

While transgenic crops have the potential to greatly increase crop and livestock productivity and nutrition, a popular backlash against transgenic foods has created a stringent political atmosphere under which tight regulations are being developed. Much of the inspiration for restrictive regulation comes from the Cartagena Protocol on Biosafety under the United Nations Convention on Biological Diversity.34 The central doctrine of the Cartagena Protocol is the “precautionary principle” that empowers governments to restrict the release of products into the environment or their consumption even if there is no scientific evidence that they are harmful. These approaches differ from food safety practices adopted by the World Trade Organization (WTO), which allow governments to restrict products when there is sufficient scientific evidence of harm.35 Under the Cartagena Protocol, public perceptions are enough to trigger a ban on such products.

Some have raised fears about the safety of transgenic foods to human health. Other concerns include the fear that farmers would be dependent on foreign firms for the supply of seed.36 Sub-Saharan Africa in particular follows a strict interpretation of the European regulatory model, which uses the precautionary principle to evaluate transgenic crops (as opposed to the United States, which evaluates the crop itself). Given the differences between US and European regulatory systems, there is a lack of harmonization that hinders the adoption process. Farmers in sub-Saharan Africa also have little political power and cannot make the case for adoption, despite comprising such a large percentage of the population.


Future Files: A Brief History of the Next 50 Years by Richard Watson

Abraham Maslow, Albert Einstein, bank run, banking crisis, battle of ideas, Black Swan, call centre, carbon credits, carbon footprint, carbon tax, cashless society, citizen journalism, commoditize, computer age, computer vision, congestion charging, corporate governance, corporate social responsibility, deglobalization, digital Maoism, digital nomad, disintermediation, driverless car, epigenetics, failed state, financial innovation, Firefox, food miles, Ford Model T, future of work, Future Shock, global pandemic, global supply chain, global village, hive mind, hobby farmer, industrial robot, invention of the telegraph, Jaron Lanier, Jeff Bezos, knowledge economy, lateral thinking, linked data, low cost airline, low skilled workers, M-Pesa, mass immigration, Northern Rock, Paradox of Choice, peak oil, pensions crisis, precautionary principle, precision agriculture, prediction markets, Ralph Nader, Ray Kurzweil, rent control, RFID, Richard Florida, self-driving car, speech recognition, synthetic biology, telepresence, the scientific method, The Wisdom of Crowds, Thomas Kuhn: the structure of scientific revolutions, Turing test, Victor Gruen, Virgin Galactic, white flight, women in the workforce, work culture , Zipcar

Unsupervised adults First it was unsupervised children, the thought that it is unsafe for children to play alone outside. But it appears that battery-farmed children are merely the beginning. Collectively, we are now so afraid of the unknown that adults (primarily men) are seen as predatory until proven innocent — that is, adults cannot be trusted and need supervision. The precautionary principle is now being applied to schools. Anyone wanting to enter a school (a parent with children there, for x FUTURE FILES instance) will have to undergo police checks to ensure that they are not a threat. What’s next – compulsory video monitoring inside every home in the country? George Orwell must be turning in his grave.

What else has grown since the first edition? Swine flu is a concern at the time of writing, but I’m sure that we will have replaced this anxiety-inducing pandemic with something much nastier in a couple of years. And we will probably be caught wondering whether such threats are real or just another example of the precautionary principle in operation. The worry, of course, is that if governments keep exaggerating these threats, there is a very strong chance that people will ignore a real threat when one finally comes along. A few such threats are already here. Twenty-five years ago, 3 percent of staph bacteria were resistant to antibiotics.


pages: 353 words: 98,267

The Price of Everything: And the Hidden Logic of Value by Eduardo Porter

Alan Greenspan, Alvin Roth, AOL-Time Warner, Asian financial crisis, Ayatollah Khomeini, banking crisis, barriers to entry, behavioural economics, Berlin Wall, British Empire, capital controls, carbon tax, Carmen Reinhart, Cass Sunstein, clean water, Credit Default Swap, Deng Xiaoping, Easter island, Edward Glaeser, European colonialism, Fall of the Berlin Wall, financial deregulation, financial engineering, flying shuttle, Ford paid five dollars a day, full employment, George Akerlof, Glass-Steagall Act, Gordon Gekko, guest worker program, happiness index / gross national happiness, housing crisis, illegal immigration, immigration reform, income inequality, income per capita, informal economy, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jean Tirole, John Maynard Keynes: technological unemployment, Joshua Gans and Andrew Leigh, junk bonds, Kenneth Rogoff, labor-force participation, laissez-faire capitalism, longitudinal study, loss aversion, low skilled workers, Martin Wolf, means of production, Menlo Park, Mexican peso crisis / tequila crisis, Michael Milken, Monkeys Reject Unequal Pay, new economy, New Urbanism, peer-to-peer, pension reform, Peter Singer: altruism, pets.com, placebo effect, precautionary principle, price discrimination, price stability, rent-seeking, Richard Thaler, rising living standards, risk tolerance, Robert Shiller, Ronald Reagan, search costs, Silicon Valley, stem cell, Steve Jobs, Stewart Brand, superstar cities, The Spirit Level, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, trade route, transatlantic slave trade, ultimatum game, unpaid internship, urban planning, Veblen good, women in the workforce, World Values Survey, Yom Kippur War, young professional, zero-sum game

In the summer of 2010, the future contract for December priced one ton of CO2 at about €15 a ton—about $18.75. What should our voter instruct her elected representatives to do? Dasgupta doesn’t quite know. And he is well versed in the economics of climate change. Perhaps, he suggests, cost-benefit considerations should be eschewed in favor of what is known as the precautionary principle, which would support large-scale spending to curb carbon emissions on the grounds that there is a chance, even if highly uncertain, of an Armageddon-like climatic catastrophe if we don’t. He argues it might be more politically feasible than we think to mobilize resources to save future generations.

happiness in restaurants in service industries in New York Sports Club New York Times New York Times Magazine New Zealand Nine Inch Nails 99 Cents Only chain of stores Nixon, Richard Nordhaus, William Norway Nu au Plateau de Sculpteur (Picasso) Obama, Barack campaign spending of health care and Occupational Safety and Health Administration O’Connor, Sandra Day oil Olympics (1988) Oneida community opera companies “Orange Juice and Weather,” Organization for Economic Cooperation and Development (OECD) overweight Owen, Robert Page, Talbot Papua New Guinea Paraguay Paris Parliament, British Pascal, Blaise patents patriarchy PC World Pelé Pengajian Pennsylvania, University of pensions People’s Liberation Army Perú Pew Global Attitudes Project Pew Project on the Internet and American Life Pew Research Center pharmaceutical industry photography Picasso, Pablo Piso Firme (Firm Floor) Pitt, William Pitt’s Pictures placebo effect pneumococcal disease politics culture and pollution air polygamy pop stars population replacement rate of Portugal Pound, Ezra precautionary principle price discrimination prices: history of misfiring of overview of rule of taming of Prince, Charles Princeton University printers printing, in Great Britain Prisco, Giulio productivity agricultural slavery and wages and property intellectual Prospect Theory Protestant Reformation Protestants public goods publishing Puerto Rico Punjab Pythagoras quality-adjusted life year (QALY) Quiverfull radio Radiohead Rapa Nui rationality Rawls, John Reagan, Ronald recession reciprocity Recording Industry Association of America (RIAA) record labels regulation of banking Reinhart, Carmen religion, see faith; specific religions Renaissance reproduction male vs. female investment in Residential Mortgage-Backed Securities (RMBS) resources allocation of free restaurants Reznor, Trent Ricardo, David Ricos También Lloran, Los (telenovela) risks, risk taking Roach, Stephen Rogoff, Kenneth Rome, classical Roosevelt, Franklin D.


pages: 414 words: 101,285

The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do About It by Ian Goldin, Mike Mariathasan

air freight, air traffic controllers' union, Andrei Shleifer, Asian financial crisis, asset-backed security, bank run, barriers to entry, Basel III, Bear Stearns, behavioural economics, Berlin Wall, biodiversity loss, Bretton Woods, BRICs, business cycle, butterfly effect, carbon tax, clean water, collapse of Lehman Brothers, collateralized debt obligation, complexity theory, connected car, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, David Ricardo: comparative advantage, deglobalization, Deng Xiaoping, digital divide, discovery of penicillin, diversification, diversified portfolio, Douglas Engelbart, Douglas Engelbart, Edward Lorenz: Chaos theory, energy security, eurozone crisis, Eyjafjallajökull, failed state, Fairchild Semiconductor, Fellow of the Royal Society, financial deregulation, financial innovation, financial intermediation, fixed income, Gini coefficient, Glass-Steagall Act, global pandemic, global supply chain, global value chain, global village, high-speed rail, income inequality, information asymmetry, Jean Tirole, John Snow's cholera map, Kenneth Rogoff, light touch regulation, Long Term Capital Management, market bubble, mass immigration, megacity, moral hazard, Occupy movement, offshore financial centre, open economy, precautionary principle, profit maximization, purchasing power parity, race to the bottom, RAND corporation, regulatory arbitrage, reshoring, risk free rate, Robert Solow, scientific management, Silicon Valley, six sigma, social contagion, social distancing, Stuxnet, supply-chain management, systems thinking, tail risk, TED Talk, The Great Moderation, too big to fail, Toyota Production System, trade liberalization, Tragedy of the Commons, transaction costs, uranium enrichment, vertical integration

This might result in a proposal to use an array of crude indicators for financial stability rather than one sophisticated benchmark, such as risk-weighted capital requirements.87 In this way, the Basel III proposals to incorporate simple leverage ratios in regulatory recommendations are a significant step in the right direction; they are obscured, however, by an excessive regulatory framework that may well open more loopholes than it closes. Simple rules should be developed based on precautionary principles that draw on historical precedents. Simplicity will help ease the tension between international and subnational levels of financial governance. It has been observed that “in many ways, the subprime crisis occurred because the ‘global’ ignored the complexities of the ‘local.’”88 Poor coordination between local and global groups tasked with financial surveillance resulted in informational asymmetry.

Politicians and commentators need to be as clear as possible regarding the causes and consequences of the crisis. As our future is increasingly influenced by forces beyond our borders, some sacrifice of national decision making in favor of cooperative outcomes is required. We do not know where the next shock will come from. If a central purpose of governments is to protect us, the precautionary principle is a good basis for policy. This implies that in the face of uncertainty we need to invest in areas of potential threat and to build capabilities to react and adapt. To explain the benefits of global governance, the threats arising from its absence must be identified. Global governance has a considerable cost in terms of both the loss of national sovereignty and the financial burden.


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The World Beyond Your Head: On Becoming an Individual in an Age of Distraction by Matthew B. Crawford

airport security, behavioural economics, Cass Sunstein, choice architecture, collateralized debt obligation, creative destruction, David Brooks, delayed gratification, dematerialisation, deskilling, digital Maoism, Google Glasses, hive mind, index card, informal economy, Jaron Lanier, large denomination, new economy, new new economy, Norman Mailer, online collectivism, Plato's cave, plutocrats, precautionary principle, Richard Thaler, Rodney Brooks, scientific management, self-driving car, Silicon Valley, Silicon Valley ideology, Stanford marshmallow experiment, tacit knowledge, the built environment, the scientific method, The Wisdom of Crowds, theory of mind, Walter Mischel, winner-take-all economy

In neither case does one find oneself the object of an engineered effort to appropriate one’s attention merely because one’s presence in some shared space makes this possible. Joint attention is an actual experience that we have. By contrast, the attentional commons is best understood as a purely negative principle, by analogy with the “precautionary principle” invoked by environmentalists. The point of being aware of the attentional commons is not to make it happen but to refrain from damaging it; to be aware of the valuable absence that creates space for private reverie, and indeed for the possibility of those episodes of joint attention that arise spontaneously and make cities feel full of promise for real human contact.

Pennsylvania, gambling in perceived risk perception action and ecological niche and embodied experience and visual perception-action-affect circuit perfect contingency Persian Gulf oil states personal knowledge perspective Peterson, Chris Peterson, Jeff Phaedo (Plato) “pharmacohuman” Phelps, Lawrence phenomenology attention as organizing concern of philosophical anthropology philosophy philosophy of language pianists pine, in organ making Pippin, Robert planning fallacy Plato player-centric design Pleistocene poker Polanyi, Michael on scientific method polling poplar, in organ making pornography precautionary principle preferences preference satisfaction price, meaning of primary qualities privacy, right to probe, effects in use of propositional attitudes prosthetics Protestant ethic Protestant republicanism public safety public spaces choice architecture in Franzen on televisions in qualities, primary vs. secondary racetracks, riding on streets vs.


pages: 418 words: 102,597

Being You: A New Science of Consciousness by Anil Seth

AlphaGo, artificial general intelligence, augmented reality, backpropagation, carbon-based life, Claude Shannon: information theory, computer age, computer vision, Computing Machinery and Intelligence, coronavirus, correlation does not imply causation, CRISPR, cryptocurrency, deep learning, deepfake, DeepMind, Drosophila, en.wikipedia.org, Filter Bubble, GPT-3, GPT-4, John Markoff, longitudinal study, Louis Pasteur, mirror neurons, Neil Armstrong, Nick Bostrom, Norbert Wiener, OpenAI, paperclip maximiser, pattern recognition, Paul Graham, Pierre-Simon Laplace, planetary scale, Plato's cave, precautionary principle, Ray Kurzweil, self-driving car, speech recognition, stem cell, systems thinking, technological singularity, TED Talk, telepresence, the scientific method, theory of mind, Thomas Bayes, TikTok, Turing test

As we move further out: For excellent treatments of the evolution of consciousness, see Feinberg & Mallatt (2017); Ginsburg & Jablonka (2019); LeDoux (2019). Decisions about animal welfare: See Birch (2017) for a useful overview, motivated by the argument that we should give animals the ‘benefit of the doubt’ when evidence is inconclusive (an argument known more formally as the ‘precautionary principle’). Notably, the European Union decided in 2010 to include cephalopods under animal welfare legislation (directive 2010/63/EU). insect brains do possess: Entler et al. (2016). fruit fly: Khuong et al. (2019). effective across all animals: Kelz & Mashour (2019). possible conscious minds: Jonathan Birch, Alexandra Schnell, and Nicola Clayton usefully suggest the term ‘consciousness profile’ for characterising interspecies variation in conscious experience.

., Nishio, S., et al. (2010). ‘Exploring the uncanny valley with Geminoid HI-1 in a real-world application’. In IADIS International Conferences Interfaces and Human Computer Interaction, 121–8. Berger, J. (1972). Ways of Seeing. London: Penguin. Birch, J. (2017). ‘Animal sentience and the precautionary principle’. Animal Sentience, 16(1). Birch, J., Schnell, A. K., & Clayton, N. S. (2020). ‘Dimensions of animal consciousness’. Trends in Cognitive Sciences, 24(10), 789–801. Blake, R., Brascamp, J., & Heeger, D. J. (2014). ‘Can binocular rivalry reveal neural correlates of consciousness?’ Philosophical Transactions of the Royal Society B: Biological Sciences, 369(1641), 20130211.


pages: 332 words: 109,213

The Scientist as Rebel by Freeman Dyson

"World Economic Forum" Davos, Albert Einstein, Asilomar, Boeing 747, British Empire, Claude Shannon: information theory, dark matter, double helix, Edmond Halley, Ernest Rutherford, experimental subject, Fellow of the Royal Society, From Mathematics to the Technologies of Life and Death, Gregor Mendel, Henri Poincaré, Isaac Newton, Johannes Kepler, John von Neumann, kremlinology, Mikhail Gorbachev, military-industrial complex, Norbert Wiener, Paul Erdős, Plato's cave, precautionary principle, quantum entanglement, Recombinant DNA, Richard Feynman, Ronald Reagan, seminal paper, Silicon Valley, Stephen Hawking, Thomas Kuhn: the structure of scientific revolutions, traveling salesman, undersea cable

What is the appropriate response to dangers that are hypothetical and poorly understood? In this matter, as in other situations where public health hazards and environmental risks must be assessed and regulated, there are two strongly opposed points of view. One point of view is based on the “precautionary principle.” The precautionary principle says that when there is any risk of a major disaster, no action should be permitted that increases the risk. If, as often happens, an action promises to bring substantial benefits together with some risk of a major disaster, no balancing of benefits against risks is to be allowed.


pages: 387 words: 105,250

The Caryatids by Bruce Sterling

bread and circuses, carbon footprint, clean water, commons-based peer production, failed state, impulse control, machine translation, megaproject, negative equity, new economy, no-fly zone, nuclear winter, precautionary principle, semantic web, sexual politics, social software, space junk, starchitect, stem cell, supervolcano, urban renewal, Whole Earth Review

Feininger, do you suppose, someday, those two methods might be combined? Then we could settle outer space—mankind’s dream come true!” “I happen to know rather a lot about this topic,” said Feininger unsurprisingly. “Sadly I must inform you that no, the Acquis spaceflight methods, which are very extensively tested and constructed on the strictest precautionary principles, are by no means the same techniques as the aberrant efforts of certain American zealots who fling giant nanocarbon slingshots up the slopes of the Rocky Mountains.” “Have you ever seen that kind of space launch performed, Dr. Feininger?” “What, me? No, certainly not.” “Would you like to see that done?

Solar flares heat the Earth’s outer atmosphere. That has increased the orbital drag on the space station. So of course the space station is a public hazard and it must be rescued at once. We are not pirates, but the responsible parties. The whole world will agree with us.” “That’s a lie, too.” “It’s not a lie. It’s the ‘precautionary principle.’ We can’t be sure that isn’t really happening. Maybe there’s a strange interaction with the solar magnetism and the particles of Chinese hydrogen bombs in our upper atmosphere. Maybe that’s what caused all these blackouts and the mayhem around the world. Do you think the world has any time to waste while the Chinese bureaucracy pulls its firecrackers out of mothballs to fly up there and do its sorry cover-up?”


The Smart Wife: Why Siri, Alexa, and Other Smart Home Devices Need a Feminist Reboot by Yolande Strengers, Jenny Kennedy

active measures, Amazon Robotics, Anthropocene, autonomous vehicles, Big Tech, Boston Dynamics, cloud computing, cognitive load, computer vision, Computing Machinery and Intelligence, crowdsourcing, cyber-physical system, data science, deepfake, Donald Trump, emotional labour, en.wikipedia.org, Evgeny Morozov, fake news, feminist movement, game design, gender pay gap, Grace Hopper, hive mind, Ian Bogost, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jeff Bezos, John Markoff, Kitchen Debate, knowledge economy, Masayoshi Son, Milgram experiment, Minecraft, natural language processing, Network effects, new economy, pattern recognition, planned obsolescence, precautionary principle, robot derives from the Czech word robota Czech, meaning slave, self-driving car, Shoshana Zuboff, side hustle, side project, Silicon Valley, smart grid, smart meter, social intelligence, SoftBank, Steve Jobs, surveillance capitalism, systems thinking, technological solutionism, technoutopianism, TED Talk, Turing test, Wall-E, Wayback Machine, women in the workforce

She describes the ideology as “an ancient worldview and an emergent political movement for peace, justice, and sustainability.”117 Earth democracy rests on ten principles that prioritize “living democracies” so as to enable “democratic participation in all matters of life and death—the food we eat or do not have access to; the water we drink or are denied due to privatization or pollution; the air we breathe or are poisoned by.”118 Living democracies and cultures, writes Shiva, “are based on nonviolence and compassion, diversity and pluralism, equality and justice, and respect for life in all its diversity.” They are grounded in two ecological principles: the “precautionary principle” (avoiding actions that could cause ecological harm) and the “polluter pays principle” (requiring the polluter to pay for any harm done to the environment and clean up any mess).119 Both were enshrined in Agenda 21 of the UN Conference on Environment and Development (1992), commonly known as the Earth Summit, although they have proven difficult to enact and enforce.120 For our skeptical reader who may dismiss such ideas as fanciful or unrealistic, bear in mind that living democracies existed for far longer than the brief blip in human civilization that we call contemporary capitalism.

See also Zoomorphic forms of smart wives Phan, Tao, 25 Physical health and smart wives, 190–191, 192 Pink, Sarah, 93, 180 Pink content, 178, 214 Pino, 49, 71 Pinocchio, 49, 70 Plant-inspired robots, 21, 77 Pleasance in smart homes, 92–97, 182 Political influence of smart wife industry, 84–85 Polluter pays principle, 105 Poncho, 220 Poole, Erika, 44 Poor working conditions in smart wife industry, 98–99 Porn ethical and feminist, 123 influence on behaviors, 136–137 influence on sexbots, 2, 13, 14, 109, 113, 114, 116, 123–124, 132, 136, 142 virtual reality, 13, 118, 123–124 Poster, Winifred, 155 Posy, 49, 71, 72 Pranks played with smart wife devices, 175–176 Precautionary principle, 105 Pris (Blade Runner), 14, 125 Privacy risks managing, 203, 221, 224 sources of, 177, 187–189, 192, 194, 195, 196, 197 Proximate future, 97 Q (genderless voice), 171–172, 219 Quatrochi, Chris, 29 Queer, definition, 209 Queering femininity (McCann), 209 Queering the smart wife, 21, 59, 76–77, 95, 142, 143, 171, 209–211 Quek, Kaye, 129, 136 QuickDrive smart washing machine (Samsung), 30 Race and AI ethics, 225, 226 bias in sci-fi movies, 14–15 and domestic work, 25, 164 and employment in AI industry, 11 lack of diversity represented in smart wives, 211 and search engines, 11 Rape and consent issues with sexbots, 114, 134–141, 142, 223–224 fantasies, 138 marital, 8 Rape Day (video game), 135–136 RapeLay (video game), 135–136 Rating system for smart wives, lack of, 222 Realbotix, 109 RealDoll, 109, 114, 116, 119–120, 130–131, 132–134.


CRISPR People by Henry T. Greely

Albert Einstein, Asilomar, Asilomar Conference on Recombinant DNA, autism spectrum disorder, bitcoin, clean water, CRISPR, Deng Xiaoping, discovery of DNA, double helix, dual-use technology, en.wikipedia.org, epigenetics, Gregor Mendel, Ian Bogost, Isaac Newton, Mark Zuckerberg, meta-analysis, mouse model, New Journalism, phenotype, precautionary principle, Recombinant DNA, special economic zone, stem cell, synthetic biology, traumatic brain injury, Xiaogang Anhui farmers

But imposing a total ban on this tool’s use by other, willing people, in all circumstances, requires some other kind of argument. At least two other, less absolute, arguments for a total ban exist. One is a strong form of the precautionary principle—that we should not allow such a change unless we are confident that it will have good consequences. I accept the precautionary principle in a weaker form—we should take the time and care to examine the likely consequences of a major change and to have concluded it is not unreasonably risky before implementing it. But I do not accept the strong form. As a general matter, it seems to me to fail to acknowledge that not acting is itself an action, with imperfectly predictable results.


pages: 423 words: 118,002

The Boom: How Fracking Ignited the American Energy Revolution and Changed the World by Russell Gold

accounting loophole / creative accounting, activist fund / activist shareholder / activist investor, activist lawyer, addicted to oil, Alan Greenspan, American energy revolution, Bakken shale, Bernie Sanders, Buckminster Fuller, California energy crisis, Carl Icahn, clean water, corporate governance, corporate raider, cotton gin, electricity market, energy security, energy transition, financial engineering, hydraulic fracturing, Intergovernmental Panel on Climate Change (IPCC), man camp, margin call, market fundamentalism, Mason jar, North Sea oil, off-the-grid, oil shale / tar sands, oil shock, peak oil, precautionary principle, Project Plowshare, risk tolerance, rolling blackouts, Ronald Reagan, seminal paper, shareholder value, Silicon Valley, Upton Sinclair

Rapid drilling and fracking created problems that need to be addressed. Some nations require proof that a new technology will not cause public harm before companies can engage in it. The United States doesn’t subscribe to this approach. Exxon’s Rex Tillerson, for one, approves. “If you want to live by the precautionary principle, then crawl up in a ball and live in a cave,” he said. The unfettered market is the ugly beauty of the US energy system. You can usually count on this free-market approach to deliver needed energy, but it can also make you want to turn away and not look too closely. It is the responsibility of the industry, landowners, and the energy-consuming public to ask hard questions and make sure there are no corners cut.

A good overview of Germany’s Energiewende can be found in Osha Gray Davidson’s chapbook, cited below. Another fascinating article, and the source of the “fighting for its economic survival” quote, is “How to Lose Half a Trillion Euros” in the Economist’s October 12, 2013, edition. The Rex Tillerson quote “If you want to live by the precautionary principle . . .” is from an article in Fortune by Brian O’Keefe on April 16, 2012, titled “Exxon’s Big Bet on Shale Gas.” I mentioned that the industry has more than doubled the number of wells drilled in a decade. The Energy Information Administration reports the number of oil and gas wells drilled in the United States as follows: 54,302 in 2008 and 22,911 in 1998.


pages: 451 words: 115,720

Green Tyranny: Exposing the Totalitarian Roots of the Climate Industrial Complex by Rupert Darwall

1960s counterculture, active measures, Affordable Care Act / Obamacare, Albert Einstein, Bakken shale, Berlin Wall, Bernie Sanders, California energy crisis, carbon credits, carbon footprint, centre right, clean tech, collapse of Lehman Brothers, creative destruction, decarbonisation, deindustrialization, dematerialisation, disinformation, Donald Trump, electricity market, Elon Musk, energy security, energy transition, facts on the ground, Fall of the Berlin Wall, Garrett Hardin, gigafactory, Gunnar Myrdal, Herbert Marcuse, hydraulic fracturing, Intergovernmental Panel on Climate Change (IPCC), invisible hand, it's over 9,000, James Watt: steam engine, John Elkington, Joseph Schumpeter, Kenneth Rogoff, Kickstarter, liberal capitalism, market design, means of production, megaproject, Mikhail Gorbachev, mittelstand, Murray Bookchin, Neil Armstrong, nuclear winter, obamacare, oil shale / tar sands, Paris climate accords, Peace of Westphalia, peak oil, plutocrats, postindustrial economy, precautionary principle, pre–internet, recommendation engine, renewable energy transition, rent-seeking, road to serfdom, rolling blackouts, Ronald Reagan, shareholder value, Silicon Valley, Silicon Valley billionaire, Solyndra, Strategic Defense Initiative, subprime mortgage crisis, tech baron, tech billionaire, The Wealth of Nations by Adam Smith, Tragedy of the Commons, women in the workforce, young professional

“Ivanpah may act as a ‘mega-trap’ attracting insects which in turn attract insect-eating birds,” the researchers thought.36 (At the photovoltaic site they examined, bird fatalities resulted from impact trauma from birds flying into PV panels.) Commenting on the Ivanpah deaths, Audubon’s renewable energy director for California said they were alarming. “It’s hard to say whether that’s location or the technology,” Garry George told the Associated Press. “There needs to be some caution.”37 Caution? The precautionary principle isn’t invoked by environmentalists when it comes to their favored forms of energy production and the mass slaughter of birds in eco-friendly ways. By contrast, the American Bird Conservancy took the Department of the Interior to court to overturn its decision to give wind-energy companies 30-year permits to kill protected bald and golden eagles.

We believe that New York must become the first state to ban fracking taking a leadership role that the rest of the country can then rally behind.17 After months of procrastinating, in December 2014, Governor Andrew Cuomo folded and announced a total ban on fracking in the state. A N.Y. Department of Health study hadn’t found any threats to public health but said there were risks that remained unanswered, perfectly illustrating the regressive nature of the precautionary principle. Instead, Cuomo backed plans for three new Las Vegas–style casinos. The Sierra Club was exultant. “This move puts significant pressure on other governors to take similar measures to protect people who live in their states.”18 None did, not even Jerry Brown. Although losing the fight to stop fracking everywhere else, a new front had unexpectedly opened up thanks to NGOs and their billionaire backers.


State-Building: Governance and World Order in the 21st Century by Francis Fukuyama

Asian financial crisis, behavioural economics, Berlin Wall, Bretton Woods, centre right, corporate governance, demand response, Doha Development Round, European colonialism, failed state, Fall of the Berlin Wall, Francis Fukuyama: the end of history, George Akerlof, Hernando de Soto, information asymmetry, liberal world order, Live Aid, Nick Leeson, Pareto efficiency, Potemkin village, precautionary principle, price stability, principal–agent problem, rent-seeking, road to serfdom, Ronald Coase, structural adjustment programs, Suez crisis 1956, tacit knowledge, technology bubble, The Market for Lemons, The Nature of the Firm, transaction costs, vertical integration, Washington Consensus, Westphalian system

There are a number of areas where the Europeans have acted unilaterally in economic matters and in ways that at times contravene the existing legal order. The EU resisted unfavorable decisions against it on bananas for nine weak states and international legitimacy 107 years, and beef hormones for even longer. It has announced a precautionary principle with regard to genetically modified foods, which is very difficult to reconcile with the WTO’s sanitary and phytosanitary rules. Indeed, the Europeans have been violating their own rules with regard to genetically modified foods, with certain member states setting standards different from those of the union itself.


pages: 158 words: 46,353

Future War: Preparing for the New Global Battlefield by Robert H. Latiff

Asilomar, Asilomar Conference on Recombinant DNA, autonomous vehicles, Berlin Wall, Boeing 747, CRISPR, cyber-physical system, Danny Hillis, defense in depth, drone strike, dual-use technology, Elon Musk, failed state, friendly fire, Howard Zinn, Internet of things, low earth orbit, military-industrial complex, Nicholas Carr, orbital mechanics / astrodynamics, post-truth, precautionary principle, Recombinant DNA, self-driving car, Seymour Hersh, South China Sea, Stephen Hawking, Stewart Brand, Strategic Defense Initiative, Stuxnet, synthetic biology, VTOL, Wall-E

How will we respond if we are the targets of a new application whose development we sponsored? What is the impact of an application on civil liberties, on economic relationships, on social relationships? Among other relevant issues, the academy report discussed important topics such as the precautionary principle in research, wherein scientists must demonstrate in advance that their research will not cause harm; cost/benefit analysis, in which decision makers employ a consequentialist approach; and risk communication, in which responsible agencies provide adequate and useful information to the public or other important potential recipients of a technology to ensure their support.


pages: 829 words: 229,566

This Changes Everything: Capitalism vs. The Climate by Naomi Klein

"World Economic Forum" Davos, 1960s counterculture, activist fund / activist shareholder / activist investor, An Inconvenient Truth, Anthropocene, battle of ideas, Berlin Wall, Big Tech, big-box store, bilateral investment treaty, Blockadia, Boeing 747, British Empire, business climate, Capital in the Twenty-First Century by Thomas Piketty, carbon credits, carbon footprint, carbon tax, clean tech, clean water, Climategate, cognitive dissonance, coherent worldview, colonial rule, Community Supported Agriculture, complexity theory, crony capitalism, decarbonisation, degrowth, deindustrialization, dematerialisation, different worldview, Donald Trump, Downton Abbey, Dr. Strangelove, electricity market, energy security, energy transition, equal pay for equal work, extractivism, Exxon Valdez, failed state, fake news, Fall of the Berlin Wall, feminist movement, financial deregulation, food miles, Food sovereignty, gentrification, geopolitical risk, global supply chain, green transition, high-speed rail, hydraulic fracturing, ice-free Arctic, immigration reform, income per capita, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, invention of the steam engine, invisible hand, Isaac Newton, James Watt: steam engine, Jones Act, Kickstarter, Kim Stanley Robinson, land bank, light touch regulation, man camp, managed futures, market fundamentalism, Medieval Warm Period, Michael Shellenberger, military-industrial complex, moral hazard, Naomi Klein, new economy, Nixon shock, Occupy movement, ocean acidification, off-the-grid, offshore financial centre, oil shale / tar sands, open borders, patent troll, Pearl River Delta, planetary scale, planned obsolescence, post-oil, precautionary principle, profit motive, quantitative easing, race to the bottom, Ralph Waldo Emerson, Rana Plaza, remunicipalization, renewable energy transition, Ronald Reagan, Russell Brand, scientific management, smart grid, special economic zone, Stephen Hawking, Stewart Brand, structural adjustment programs, Ted Kaczynski, Ted Nordhaus, TED Talk, the long tail, the scientific method, The Wealth of Nations by Adam Smith, trade route, transatlantic slave trade, trickle-down economics, Upton Sinclair, uranium enrichment, urban planning, urban sprawl, vertical integration, Virgin Galactic, wages for housework, walkable city, Washington Consensus, Wayback Machine, We are all Keynesians now, Whole Earth Catalog, WikiLeaks

Action necessary to save humanity from the very real risk of climate chaos was coolly balanced against the risk such action would pose to GDPs, as if economic growth still has a meaning on a planet convulsing in serial disasters. But in Blockadia, risk assessment has been abandoned on the barricaded roadside, replaced by a resurgence of the precautionary principle—which holds that when human health and the environment are significantly at risk, perfect scientific certainty is not required before taking action. Moreover the burden of proving that a practice is safe should not be placed on the public that could be harmed. Blockadia is turning the tables, insisting that it is up to industry to prove that its methods are safe—and in the era of extreme energy that is something that simply cannot be done.

., 349, 352, 374, 403 Bell, Larry, 33, 47 Berger, John, 120 Berkshire Hathaway, 234 Berlin, 97, 98 Berry, Wendell, 268, 335–36, 438 Betsimisaraka, 220 “Beyond Coal” campaign, 349, 397 Beyond Vietnam (King), 449 Beyond Zero Emissions, 102 BG Group, 145 Bhopal Action Resource Group, 206 BHP Billiton, 196 Big Green, 20, 85, 87–88, 124 Blockadia and, 355–58, 403 carbon trading and, 218–25 climate change debate and, 198–201 climate debt seen as politically toxic by, 414 energy investments of, 196–97 Indigenous land rights and, 387 insider strategies of, 203–4, 205–11 natural gas advocated by, 199–201, 213–17 patriotism as core message for, 57–58 as pro-corporate, 196–97, 207–11, 213, 215–16 renewable energy downplayed by, 199–200 USCAP created by, 226–28 biochar process, 245 biodiversity, 13, 134 biofuels, 32, 97, 231–32, 238–41, 251–52, 253, 287 biological weapons, banning of, 278 biosphere, as self-organizing, complex, adaptive system, 267 Birol, Fatih, 23 birth defects, environmental toxins and, 428, 429–30, 439 bitumen, see tar sands Black Mesa Water Coalition, 398–99, 402 Black Sea, 349 Blake, William, 157 Blazevic, Sara, 355 Blockadia, 293–336, 450–51 abolition and civil rights movements compared to, 450, 453, 455–57 Big Green and, 355–58, 403 as constructive movement, 405 early victories of, 348–53, 359, 370 as global grassroots movement, 294–96, 303–4, 321–23 in Global South, 412 government repression of, 297–99, 361–62, 410–11 as impetus for uniting of Indigenous peoples and non-Natives, 373–74, 380–84, 443–45 Indigenous peoples in, 139, 177; see also Indigenous peoples, land rights of intergenerational character of, 445 love of place in, 337–66, 370–71 moral imperative in, 336, 386–87, 464 precautionary principle adopted by, 335–36 as pro-democracy movement, 361, 380 as pro-water movement, 344–47 regenerative worldview in, 443–46 social media and, 303, 466 women as leaders in, 303 see also specific groups and protests Bloomberg Carbon Risk Valuation Tool, 235 Bloomberg, Michael, 49, 176, 216, 230, 235–36, 252 Bloomberg Philanthropies, 216 Bloomberg View, 428 BlueGreen Alliance, 126, 156 Blue Planet Prize, 22 Bolivia, 5, 7, 18, 40, 180, 377, 409, 443–44 Bollier, David, 130 Bonogofsky, Alexis, 319, 342–43, 390, 392–93, 396 Bopha, Typhoon, 465 borders, hyper-militarized, 154 Bostic, Jason, 337 Boston, Mass., 13 Boucher, Jim, 386 Boulder, Colo., 98–99 Boulton, Matthew, 266 Bows-Larkin, Alice, 87–89, 412 BP, 111, 129, 130, 215, 226, 227–28, 236, 282 Big Green funding from, 196, 198 Greenland project of, 385 lax government regulation of, 330–31 profit-over-safety culture of, 330–31, 333, 376 BP, Deepwater Horizon disaster of, 112, 144, 201, 290, 316, 324, 330, 332, 376, 385–86, 420 impact on marine life of, 425–26, 431–34, 451 lack of preparedness in, 330 miscarriages linked to, 424–25 pre-explosion risk assessment report on, 430–31 BP America, 196 BP Capital, 237 Braided Hair, Vanessa, 396, 397 Brainstorm Green, 229 Brand, Russell, 155 Brand, Stewart, 288 Branson, Richard, 230–33, 235–54, 257, 260, 263, 264, 284–85, 288–89 biofuels development pledge of, 231–32, 238–41, 251–52, 253 Carbon War Room of, 232, 239, 251 Virgin Earth Challenge of, 232, 244–49, 251 see also Virgin Group Braun, Clait E., 192 Brazil, 5, 13, 82, 130, 145, 157, 179, 202, 221–22, 412 Breakthrough Institute, 57 Brecher, Jeremy, 401, 402 Briner, Brad, 235 Britain, see United Kingdom British Columbia, 302, 312, 319, 419–20 disappearance of starfish from, 27 Northern Gateway pipeline proposal in, 337–42, 344–45, 363, 365–66, 367, 380 scallop collapse in, 434 Supreme Court of, 368–69 British Social Attitudes survey, 117 Bronx Zoo, 183 Brookings Institution, 290 Brower, Kenneth, 289 Browne, Sir John, 111, 130 Brownstein, Mark, 356 Brown University, 428 Brulle, Robert, 44, 199 Brundtland, Gro Harlem, 22 Brune, Michael, 357 Buenos Aires, 123 Buffett, Warren, 233–34, 252 buildings: greenhouse gas emissions from, 412–13 retrofitting of, 108, 122, 124 Build Our Energy Barn, 403 Bulgaria, 348 Bunzl, Martin, 269–70 Burkina Faso, 270 Burlington Northern Santa Fe railroad, 234 Burnt Church, Canada, 372–73 Bury the Chains (Hochschild), 456 Büscher, Bram, 223–24 Bush, George H.

., rights of nature ordinance in, 444 place, love of, in Blockadia movement, 337–66 planetary exodus, 288–89 planned obsolescence, 91 planning, long-range, see long-range planning Point Carbon, 225 Point Hope, Alaska, 375 Poland, 75, 144, 200, 225 polar bears, 435 Policy Implications of Greenhouse Warming, 282 Polis, Jared, 314 politicians, responsibility evaded by, 12, 119 politics, elite control over, 18, 119 polluter pays principle, 110–19, 202–3 pollution regulations, 39 polychlorinated biphenyls (PCBs), 203, 429 polycyclic aromatic hydrocarbons (PAHs), 426 Pooley, Eric, 207, 208 Pope, Alexander, 446 Pope, Carl, 237, 356, 357n population, 14, 114n populism, 117 postindustrialized nations, 79, 132, 177, 387, 460 poverty, 7, 19, 61, 85, 110, 115, 119, 134–36, 157, 177, 343, 455, 458 consumption and, 91 in developing world, 40, 55, 88n, 179–82, 409, 416, 418 extractive industries and, 181–82, 416 lack of protection and, 49 renewable energy and, 391, 399 Powder River Basin, coal mines in, 320, 323, 343–44, 395 power, corporate, 25 Power Past Coal, 349 power plants, coal-fired, see coal-fired power plants precautionary principle, 335–36 Premier Gold Mines, 382 Presidential Oil Spill Commission, 330 President’s Science Advisory Committee, climate change report of, 261 price controls, 125 PricewaterhouseCoopers, 15 Princeton Environmental Institute, 113 Princeton University, Carbon Mitigation Initiative of, 113–14 Prince William Sound, impact of Exxon Valdez oil spill in, 337–39, 426 privatization, 8, 9, 39, 72 diminished services under, 128 of disaster response, 51–52 of former Soviet economies, 19 and infrastructure investments, 108–9 as license to steal, 154 of public sphere, 19–20 reversals of, 39, 95, 96–103 Prize, The (Yergin), 311 Proceedings of the National Academy of Sciences, 79, 217, 328n “proof of harmlessness,” 271, 272 propane, 328 Prosperity Without Growth (Jackson), 93 protectionism, 64–65, 84 Public Accountability Initiative, 216 Public Citizen, 80, 213 Global Trade Watch of, 359–60 public health systems, 10, 109 public infrastructure, 19, 20 public sector, 95 crumbling institutions, 158 green energy and, 97–103, 406–7 and infrastructure investments, 108–9 spending cuts in, 19, 72, 110 public services, zero-carbon, 19–20 public transit, 7, 40, 92, 93, 108, 121, 124, 126, 127 in Brazil, 157 cheap, 91 in France, 109 in wartime, 16–17 public works, 39 Pungesti, Romania, anti-fracking movement in, 298–99, 303, 347, 404 quantitative easing, 110 Quebec: anti-fracking movement in, 303–4, 313, 348, 358–59 fracking moratorium in, 71 opposition movements in, 9, 464 Queensland, 27, 301 racism: environmental, 205, 429 sacrifice zones and, 310–11, 314 railways, 91, 108, 122, 133 coal transport by, 234, 362, 389, 397 high-speed, 126 oil transport by, 311–12, 325, 332, 333 Rainforest Action Network, 197, 296, 356 “Rainforest Chernobyl,” 309, 378 Rakotomanga, Cressant, 221–22 Rand, Ayn, 44 Rasch, Phil, 264 rationing, wartime, 115–16 Raytheon, 9 Read, Joe, 53n Reagan, Ronald, 39, 117, 203–5, 229 real estate: disaster infrastructure and, 51 in wake of Superstorm Sandy, 9, 235n re-communalization, 96–103 Red Cloud, Henry, 24, 393–97 Red Cloud Renewable Energy Center, 396 REDD-Monitor, 223 RedGE, 78 Red Hook, Brooklyn, 105n, 405 Reilly, John, 11 reinsurance, 9, 234 religion, and dominion over nature, 41, 74, 177 re-municipalization, 96–103 renewable energy, 16, 18, 67, 90, 93, 127, 131, 218, 253, 283 Asia and, 349–50 buy-local programs for, 77 cheap natural gas as undercutting, 128–29 community ownership of, 398–99 Gates’ dismissal of, 236–37 in Germany, 97–98, 130–31 incentives for, 138–39 investment in, see green technology, investment in major oil companies and, 111–12 maturing technology for, 213–14 misleading cautions on, 199–200, 394–95 noncorporate providers of, 131 100 percent, 101, 102, 137, 214–15 private sector and, 100–101 public ownership and, 97–103 public sector and, 97–103, 406–7 public value of, extractive projects vs., 400 in Spain, 110 transition to, 89, 97–103, 115, 214–15, 364 and variability of natural systems, 394–95 as viable alternative to fossil fuels, 349, 398, 399, 400–401, 403, 413–18 WTO’s slowing of, 71–72 reparations, 414–15 see also climate debt REPOWERBalcombe, 403–4 Republican party, 35, 118, 125, 141, 204 climate change denial and, 34, 36, 46, 407 Republic Windows and Doors, 123n resilience, 419, 442 Resisting Environmental Destruction on Indigenous Lands (REDOIL), 375–76 resources, depletion of, 450 Responsible Endowments Coalition, 401 Reyes, Oscar, 224 Richmond, Calif., 321, 402 right wing: as barrier to progress, 31–63, 75, 124 on climate change as left-wing plot, 31, 32, 156, 411 Rignot, Eric, 14 Rio Earth Summit of 1992, 55, 76, 77, 83, 85, 150, 200, 293, 363 Risky Business project, 49 Roberts, David, 364–65 Robertsbridge Group, 249n Robertson, Julian, 208 Robock, Alan, 264, 270, 273–74 Rockaways, 103–6 Rodríguez, Heriberto, 222 Rogers, Jim, 196 Romania: fracking in, 298–99, 303, 344 government repression of environmental protest in, 298–99, 303 Romm, Joe, 54 Roosevelt, Franklin Delano, 121 Roosevelt, Theodore, 211 Rosebud Sioux, 375 Rothschild, Richard, 31, 34 rotifers, BP oil spill and, 432 Rousseff, Dilma, 179 Rowe, Stan, 444 Royal Canadian Mounted Police, 299 Royal Society, 152, 266 Chicheley Hall geoengineering conference of, 256–61, 263–67, 280–81, 284–85, 451 royalties, on oil, gas, and coal extraction, 112–13 Roy, Arundhati, 291 Ruffalo, Mark, 317 Russia: Greenpeace activists arrested by, 300 oil and gas companies in, 178–79 see also Soviet Union Sacramento, Calif., 99 sacrifice zones, 172–73, 310–15 Safe Drinking Water Act, 328 Safety and Environmental Enforcement Bureau, U.S., 332 Sahel, 270, 274, 275–76 Sainsbury, 116 St.


pages: 198 words: 52,089

Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It by Richard V. Reeves

affirmative action, Affordable Care Act / Obamacare, An Inconvenient Truth, assortative mating, Bernie Sanders, Branko Milanovic, Capital in the Twenty-First Century by Thomas Piketty, circulation of elites, cognitive dissonance, desegregation, Donald Trump, Downton Abbey, full employment, ghettoisation, glass ceiling, helicopter parent, Home mortgage interest deduction, housing crisis, income inequality, knowledge economy, land value tax, longitudinal study, meritocracy, mortgage tax deduction, obamacare, Occupy movement, plutocrats, positional goods, precautionary principle, race to the bottom, randomized controlled trial, restrictive zoning, unpaid internship, upwardly mobile, W. E. B. Du Bois, War on Poverty, We are the 99%, working-age population, zero-sum game

This is consistent with widening wage gaps and especially the “take off” of earnings toward the top of the occupational ladder, which “allowed the professional-managerial class to more reliably realize its strong interest in reproduction.”18 The problem with research on intergenerational mobility is that a generation is a pretty long time. Since it takes three to four decades to know where kids are going to end up in relation to their parents, any worsening in the trend can’t be confirmed until it is too late to do anything about it. We should therefore adopt the precautionary principle and act now. Many of the gaps in income, family formation, and education are more acute in the United States but are certainly not unique. Most industrialized nations are facing an inequality challenge.19 But in terms of intergenerational mobility, the United States is a rather poor performer overall.


The Corporation: The Pathological Pursuit of Profit and Power by Joel Bakan

"World Economic Forum" Davos, Alan Greenspan, benefit corporation, Berlin Wall, business logic, Cass Sunstein, corporate governance, corporate personhood, corporate social responsibility, creative destruction, electricity market, energy security, Exxon Valdez, Ford Model T, IBM and the Holocaust, joint-stock company, laissez-faire capitalism, market fundamentalism, Naomi Klein, new economy, precautionary principle, race to the bottom, Ralph Nader, Ronald Reagan, shareholder value, South Sea Bubble, The Wealth of Nations by Adam Smith, Triangle Shirtwaist Factory, urban sprawl

Regulations should be made more effective by staffing enforcement agencies at realistic levels, setting fines sufficiently high to deter corporations from committing crimes, strengthening the liability of top directors and managers for their corporations' illegal behaviors, barring repeat offender corporations from government contracts, and suspending the charters of corporations that flagrantly and persistently violate the public interest. Page 162 ', JOEL BAKAN Regulations designed to protect the environment and people's health and safety should be based upon the precautionary principle, which prescribes that corporations be prohibited from acting in ways that are reasonably likely to cause harm, even if definitive proof that such harm will occur does not exist. The regulatory system should be reformed to improve accountability and avoid both "agency capture" and the centralized and bureaucratic tendencies of current and past regimes.


pages: 225 words: 54,010

A Short History of Progress by Ronald Wright

Albert Einstein, Atahualpa, Bretton Woods, British Empire, clean water, Columbian Exchange, cuban missile crisis, Easter island, Francis Fukuyama: the end of history, Haber-Bosch Process, Hernando de Soto, invention of agriculture, It's morning again in America, James Watt: steam engine, Jane Jacobs, land reform, Mahatma Gandhi, mass immigration, nuclear winter, out of africa, Parkinson's law, post-war consensus, precautionary principle, Ronald Reagan, technological determinism, Thomas Malthus, urban sprawl

The 10,000-year experiment of the settled life will stand or fall by what we do, and don’t do, now. The reform that is needed is not anti-capitalist, anti-American, or even deep environmentalist; it is simply the transition from short-term to long-term thinking. From recklessness and excess to moderation and the precautionary principle. The great advantage we have, our best chance for avoiding the fate of past societies, is that we know about those past societies. We can see how and why they went wrong. Homo sapiens has the information to know itself for what it is: an Ice Age hunter only half-evolved towards intelligence; clever but seldom wise.


Global Catastrophic Risks by Nick Bostrom, Milan M. Cirkovic

affirmative action, agricultural Revolution, Albert Einstein, American Society of Civil Engineers: Report Card, anthropic principle, artificial general intelligence, Asilomar, availability heuristic, backpropagation, behavioural economics, Bill Joy: nanobots, Black Swan, carbon tax, carbon-based life, Charles Babbage, classic study, cognitive bias, complexity theory, computer age, coronavirus, corporate governance, cosmic microwave background, cosmological constant, cosmological principle, cuban missile crisis, dark matter, death of newspapers, demographic transition, Deng Xiaoping, distributed generation, Doomsday Clock, Drosophila, endogenous growth, Ernest Rutherford, failed state, false flag, feminist movement, framing effect, friendly AI, Georg Cantor, global pandemic, global village, Great Leap Forward, Gödel, Escher, Bach, Hans Moravec, heat death of the universe, hindsight bias, information security, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, Kevin Kelly, Kuiper Belt, Large Hadron Collider, launch on warning, Law of Accelerating Returns, life extension, means of production, meta-analysis, Mikhail Gorbachev, millennium bug, mutually assured destruction, Nick Bostrom, nuclear winter, ocean acidification, off-the-grid, Oklahoma City bombing, P = NP, peak oil, phenotype, planetary scale, Ponzi scheme, power law, precautionary principle, prediction markets, RAND corporation, Ray Kurzweil, Recombinant DNA, reversible computing, Richard Feynman, Ronald Reagan, scientific worldview, Singularitarianism, social intelligence, South China Sea, strong AI, superintelligent machines, supervolcano, synthetic biology, technological singularity, technoutopianism, The Coming Technological Singularity, the long tail, The Turner Diaries, Tunguska event, twin studies, Tyler Cowen, uranium enrichment, Vernor Vinge, War on Poverty, Westphalian system, Y2K

His essay 'Why the Future Doesn't Need Us,' published in April 2000 in Wired magazine, called for a global, voluntary 'relinquishment' of these technologies. Greens and others of an apocalyptic frame of mind were quick to seize on Joy's essay as an argument for the enacting ofbans on technological innovation, invoking the 'precautionary principle', the idea that a potentially dangerous technology should be fully studied for its potential impacts before being deployed. The lobby group ETC argued in its 2003 report 'The Big Down' that nanotechnology could lead to a global environmental and social catastrophe, and should be placed under government moratorium.

They can be based on strategies that take different sorts of stakeholder relationships with the impacts into account. Depending on the nature of one's exposure, risk profile, and preferences , one may opt to base one's strategy on one, or a mix, of several different principles, including: some reading of the precautionary principle, traditional cost-benefit analysis (usually where one is confident ofthe numbers underpinning the analysis) or robustness against vulnerability. Other adaptive principles have also been discussed, including novel solutions such as legal remedies through climate detection and attribution studies, which is like cost­ benefit analysis, though backward looking (at actual attributable harm done) and done via the legal system rather than through economics (Allen et al. , 2007) .

208-9 Popper, K. 99 population control 66 population decline, Toba catastrophe theory 1 3 population growth 66 Porter, K.A. Pale Horse, Pale Rider 304 positronium atoms 42 post-collapse populations, minimum numbers 369-70, 374 Post, ) . 406 post-millenialism 76 Potter, W. 397 poverty, relationship to infectious diseases 288 power law distribution of risks 19-20, 368 existential disasters 3 70-1 precautionary principle 8 1 precipitation patterns, effect o f climate change 278 precocious unification 349 predictability of artificial intelligence 3 1 6 predictability o f events 168 asteroid strikes 223-9 use of past records 125 volcanic super-eruptions 2 1 2- 1 3 premillenialism 74-5 premium calculation, insurance industry 1 7 1 , 1 72-3 preparation for crises 346, 358-9, 372-5 Presidential Nuclear Initiatives ( 1991-1992) 4 1 5 , 439 prestige, as motivation for nuclear terrorism 407-8 price controls, value in carbon dioxide emission control 280-1, 282 pricing of risks, insurance industry 1 72-3 relationship to probability of risk 1 79 prior attitude effect 100 probability distributions 1 5 6-7 probability estimates 6 particle collider catastrophes 18-19 probability of risk 3 process risk 1 76, 180 Productive Nanosystems: From Molecules to Superproducts, Phoenix, C. and Treder, M. 500 Program for Monitoring Emerging Diseases (ProMed) 470-1 Project BioShield 188 Property Claims Service (PCS), definition of catastrophe 166 prospective risk analysis 5 protein folding problem 3 3 1 , 332 proton decay 40-1 psychiatric drugs, value in totalitarianism 511, 512 psychic unity o f mankind 309 psychological impact of bioterrorism 467-8 of nuclear terrorism 407, 429-30, 440 public policy 1 2- 1 3 , 84-5 cost-benefit analysis 185-7 global warming 192-200 inverse 187-9 Relativistic Heavy Jon Collider 189-90 disaster policy 372-5 global warming 190-200 responses to climate change 279, 280-2 Kyoto Protocol 190-1 purchase of moral satisfaction 106 The Pursuit ofMillenialism: Revolutionary Millenarians and Mystical Anarchists of the Middle Ages, Cohn, N . 86 qualitative loss curves 1 76, 1 77, 1 78 qualitative risk assessment 180-1 qualitative risk assessment charts 1 77, 1 78 quantum chromodynamics (QCD) 350 quantum fluctuations 354 quantum mechanical exclusion principle 39 quarantines 472 quark-antiquark condensate 354, 3 5 5 quark matter (strange matter) 3 5 1 quarks 350 radiation, atmospheric protection 239 Radical Evolution, Garreau, ) . 79 81 radical ideologies, risk of totalitarianism 5 1 4 radioactive fallout 386-7 radio interference, solar flares 24 3 radiological dispersal devices ( RDDs) 403 , 4 1 1 psychological impact 430 Raelians ix Ragnarok, utopianism 77-8 rainfall, possible effects of volcanic super-eruptions 2 1 1 Rajnshees 467 Salmonella typhimurium attack (1984) 466 Rampino, M .


pages: 678 words: 159,840

The Debian Administrator's Handbook, Debian Wheezy From Discovery to Mastery by Raphaal Hertzog, Roland Mas

bash_history, Debian, distributed generation, do-ocracy, en.wikipedia.org, end-to-end encryption, failed state, Firefox, Free Software Foundation, GnuPG, Google Chrome, Jono Bacon, MITM: man-in-the-middle, Neal Stephenson, NP-complete, precautionary principle, QWERTY keyboard, RFC: Request For Comment, Richard Stallman, Skype, SpamAssassin, SQL injection, Valgrind, web application, zero day, Zimmermann PGP

If inspiration is lacking, do not hesitate to use password generators, such as pwgen (in the package of the same name). 4.2.11. Creating the First User Debian also imposes the creation of a standard user account so that the administrator doesn't get into the bad habit of working as root. The precautionary principle essentially means that each task is performed with the minimum required rights, in order to limit the damage caused by human error. This is why the installer will ask for the complete name of this first user, their username, and their password (twice, to prevent the risk of erroneous input).

The general principle is simple: the script will only make changes if it knows the status of the configuration file, which is verified by comparing the checksum of the file against that of the last automatically generated file. If they are the same, the script is authorized to change the configuration file. Otherwise, it determines that the file has been changed and asks what action it should take (install the new file, save the old file, or try to integrate the new changes with the existing file). This precautionary principle has long been unique to Debian, but other distributions have gradually begun to embrace it. The ucf program (from the Debian package of the same name) can be used to implement such a behavior. 9.5. syslog System Events 9.5.1. Principle and Mechanism The rsyslogd daemon is responsible for collecting service messages coming from applications and the kernel, then dispatching them into log files (usually stored in the /var/log/ directory).


pages: 735 words: 165,375

The Survival of the City: Human Flourishing in an Age of Isolation by Edward Glaeser, David Cutler

Affordable Care Act / Obamacare, agricultural Revolution, Alvin Toffler, Andrei Shleifer, autonomous vehicles, basic income, Big bang: deregulation of the City of London, Big Tech, Black Lives Matter, British Empire, business cycle, buttonwood tree, call centre, carbon footprint, Cass Sunstein, classic study, clean water, collective bargaining, Columbian Exchange, contact tracing, Corn Laws, Cornelius Vanderbilt, coronavirus, COVID-19, crack epidemic, defund the police, deindustrialization, Deng Xiaoping, desegregation, discovery of penicillin, Donald Trump, Edward Glaeser, Elisha Otis, Fellow of the Royal Society, flying shuttle, future of work, Future Shock, gentrification, George Floyd, germ theory of disease, global pandemic, global village, hiring and firing, Home mortgage interest deduction, Honoré de Balzac, income inequality, industrial cluster, James Hargreaves, Jane Jacobs, Jevons paradox, job automation, jobless men, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Snow's cholera map, knowledge worker, lockdown, Louis Pasteur, Mahatma Gandhi, manufacturing employment, mass incarceration, Maui Hawaii, means of production, megacity, meta-analysis, new economy, New Urbanism, Occupy movement, opioid epidemic / opioid crisis, out of africa, place-making, precautionary principle, RAND corporation, randomized controlled trial, remote working, Richard Florida, Salesforce, Saturday Night Live, Silicon Valley, Skype, smart cities, social distancing, Socratic dialogue, spinning jenny, superstar cities, Tax Reform Act of 1986, tech baron, TED Talk, The Death and Life of Great American Cities, The Wealth of Nations by Adam Smith, TikTok, trade route, union organizing, universal basic income, Upton Sinclair, urban planning, working poor, Works Progress Administration, zero-sum game, zoonotic diseases

Meat producers have used: Gustin, “This Is How the Government Decides What You Eat.” The makers of electronic cigarettes: Sharpless, “How FDA Is Regulating E-Cigarettes.” “it is not from the benevolence”: Smith, The Wealth of Nations. lasting damage may result: Martuzzi, “The Precautionary Principle: In Action for Public Health.” penalties for opioid malfeasance: Spector, “In Emails, Sacklers Fret over Wealth, Opioid Business.” related to secondhand smoke: World Health Organization, “Worldwide Burden of Disease from Exposure to Second-Hand Smoke.” One in four: US Centers for Disease Control and Prevention, “Impaired Driving: Get the Facts”; US Department of Transportation, National Highway Traffic Safety Administration, Traffic Safety Facts: Alcohol-Impaired Driving 2016 Data.

The Wall Street Journal March 4, 2020. www.wsj.com/articles/south-korea-widens-testing-in-daegu-as-it-steps-up-war-on-coronavirus-11583321995. Martinelli, Katherine. “The Factory That Oreos Built.” Smithsonian, May 21, 2018. www.smithsonianmag.com/history/factory-oreos-built-180969121. Martuzzi, Marco. “The Precautionary Principle: In Action for Public Health.” Occupational and Environmental Medicine 64, no. 9 (2007): 569–70. https://doi.org/10.1136/oem.2006.030601. Maruschak, Laura, and Todd Minton. Correctional Populations in the United States, 2017–2018. US Department of Justice, Bureau of Justice Statistics, August 2020. www.bjs.gov/content/pub/pdf/cpus1718.pdf.


pages: 201 words: 64,545

Let My People Go Surfing by Yvon Chouinard

"Friedman doctrine" OR "shareholder theory", air freight, business process, clean water, Donald Trump, Doomsday Book, Mahatma Gandhi, precautionary principle, pushing on a string, Ralph Waldo Emerson, rewilding, Rubik’s Cube, urban sprawl, work culture

So, when there is a national catastrophe like a forest fire, war, or flood and resources are destroyed, the GNP goes up because money was spent on labor and materials. No debit is made in the national ledger for the loss of those natural resources. It has been estimated that the true social and environmental cost of a hamburger when the forest has been cleared to create pastureland for grazing cattle is two hundred dollars. Instead of adapting precautionary principles, we embrace new technologies, like nuclear power, genetically modified foods, pesticides, and other toxic chemicals with an attitude of “innocent until proved guilty,” and it’s left up to you and me to establish the guilt. In the tropical rain forest, biologically the richest region on earth, we are exterminating species far faster than we can discover or name them, let alone determine their potential to benefit us in the form of medicine or food.


pages: 258 words: 77,601

Everything Under the Sun: Toward a Brighter Future on a Small Blue Planet by Ian Hanington

agricultural Revolution, Albert Einstein, Anthropocene, biodiversity loss, Bretton Woods, carbon footprint, carbon tax, clean water, Climategate, Climatic Research Unit, Day of the Dead, disinformation, do what you love, energy security, Enrique Peñalosa, Exxon Valdez, Google Earth, happiness index / gross national happiness, Hedy Lamarr / George Antheil, hydraulic fracturing, Intergovernmental Panel on Climate Change (IPCC), Medieval Warm Period, ocean acidification, oil shale / tar sands, planned obsolescence, precautionary principle, stem cell, sustainable-tourism, the scientific method, University of East Anglia, urban planning, urban sprawl

It ensures that if disease or insects attack a plant, other plant varieties will survive and evolve in its place. This is called biodiversity. Because we aren’t certain about the effects of genetically modified organisms (GMOs), we must consider one of the guiding principles in science, the precautionary principle. Under this principle, if a policy or action could harm human health or the environment, we must not proceed until we know for sure what the impact will be. And it is up to those proposing the action or policy to prove that it is not harmful. That’s not to say that research into altering the genes in plants that we use for food should be banned or that GM foods might not someday be part of the solution to our food needs.


pages: 246 words: 74,341

Financial Fiasco: How America's Infatuation With Homeownership and Easy Money Created the Economic Crisis by Johan Norberg

accounting loophole / creative accounting, Alan Greenspan, bank run, banking crisis, Bear Stearns, Bernie Madoff, Black Monday: stock market crash in 1987, Black Swan, business cycle, capital controls, central bank independence, collateralized debt obligation, creative destruction, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, David Brooks, diversification, financial deregulation, financial innovation, Greenspan put, helicopter parent, Home mortgage interest deduction, housing crisis, Howard Zinn, Hyman Minsky, Isaac Newton, Joseph Schumpeter, Long Term Capital Management, low interest rates, market bubble, Martin Wolf, Mexican peso crisis / tequila crisis, millennium bug, money market fund, moral hazard, mortgage tax deduction, Naomi Klein, National Debt Clock, new economy, Northern Rock, Own Your Own Home, precautionary principle, price stability, Ronald Reagan, savings glut, short selling, Silicon Valley, South Sea Bubble, The Wealth of Nations by Adam Smith, too big to fail

All these attempts to make the system as safe as possible really make it extremely sensitive to small blows and changes. As Professor Lawrence Lessig of Stanford University concludes, a single virus gaining a foothold in the banking monoculture may knock out the market completely. All deviations, diversity, and mutations have been eradicated by precautionary principles and regulations, meaning that there is no resistance left anywhere.14 At a conference in 2007, the risk-management officer of one company said that they were fortunate not to have much historical data on business risk, because if they did, the authorities would immediately force them to use those data to build risk models and act according to those models, rather than use common sense and develop various scenarios for future risks, as the company preferred to do."


pages: 263 words: 79,016

The Sport and Prey of Capitalists by Linda McQuaig

anti-communist, Bernie Sanders, carbon footprint, carbon tax, clean water, Cornelius Vanderbilt, diversification, Donald Trump, energy transition, financial innovation, Garrett Hardin, green new deal, Kickstarter, low interest rates, megaproject, Menlo Park, Money creation, Naomi Klein, neoliberal agenda, new economy, offshore financial centre, oil shale / tar sands, Paris climate accords, payday loans, precautionary principle, profit motive, risk/return, Ronald Reagan, Sidewalk Labs, Steve Jobs, strikebreaker, Tragedy of the Commons, union organizing

Not even bothering to conceal its deregulatory aims, the Harper government launched the Red Tape Reduction Committee, and then used the committee’s findings to draw up the Cabinet Directive on Regulatory Management in the spring of 2012. A key aspect of the directive was the abandonment of the “precautionary principle,” the principle that, if there is any scientific doubt about the safety of a product or practice, regulators should be cautious and restrict its use. This basic, common-sense principle — err on the side of safety! — was turned on its head. Under the Harper directive, the burden of proof was placed on the regulator to show solid evidence of harm; otherwise the company had the green light.15 Another shocking aspect of Harper’s deregulatory policy was an initiative known as the one-for-one rule, which required the elimination of at least one regulation for every new one introduced or old one amended.


pages: 555 words: 80,635

Open: The Progressive Case for Free Trade, Immigration, and Global Capital by Kimberly Clausing

"World Economic Forum" Davos, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, active measures, Affordable Care Act / Obamacare, agricultural Revolution, battle of ideas, Bernie Sanders, business climate, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, climate change refugee, corporate social responsibility, creative destruction, currency manipulation / currency intervention, David Ricardo: comparative advantage, Donald Trump, fake news, floating exchange rates, full employment, gig economy, global supply chain, global value chain, guest worker program, illegal immigration, immigration reform, income inequality, index fund, investor state dispute settlement, knowledge worker, labor-force participation, low interest rates, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, meta-analysis, offshore financial centre, open economy, Paul Samuelson, precautionary principle, profit motive, purchasing power parity, race to the bottom, Robert Shiller, Ronald Reagan, savings glut, secular stagnation, Silicon Valley, Tax Reform Act of 1986, tech worker, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, too big to fail, trade liberalization, transfer pricing, uber lyft, winner-take-all economy, working-age population, zero-sum game

Data are from the US Census. 34. Yet fears of terrorism by refugee immigrants border on the absurd; over the period 1975 to 2015, “the annual chance of an American being killed in a terrorist attack committed on U.S. soil by a refugee was one in 3.6 billion.” See Nowrasteh, Alex. 2017. “Syrian Refugees and the Precautionary Principle.” Cato Institute. January 28. 35. J. R. Clark, Robert Lawson, Alex Nowrasteh, Benjamin Powell, and Ryan Murphy, “Does Immigration Impact Institutions?” Public Choice 163:3-4 (2015): 321–335. 36. Muzaffar Chrishti and Michelle Mittelstadt, “Unauthorized Immigrants with Criminal Convictions: Who Might Be a Priority for Removal?”


pages: 250 words: 79,360

Escape From Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson

Alan Greenspan, Bayesian statistics, behavioural economics, Big Tech, Black Swan, butterfly effect, carbon tax, coronavirus, correlation does not imply causation, COVID-19, data is the new oil, data science, decarbonisation, DeepMind, Donald Trump, Drosophila, Emanuel Derman, Financial Modelers Manifesto, fudge factor, germ theory of disease, global pandemic, hindcast, I will remember that I didn’t make the world, and it doesn’t satisfy my equations, implied volatility, Intergovernmental Panel on Climate Change (IPCC), John von Neumann, junk bonds, Kim Stanley Robinson, lockdown, Long Term Capital Management, moral hazard, mouse model, Myron Scholes, Nate Silver, Neal Stephenson, negative emissions, paperclip maximiser, precautionary principle, RAND corporation, random walk, risk tolerance, selection bias, self-driving car, social distancing, Stanford marshmallow experiment, statistical model, systematic bias, tacit knowledge, tail risk, TED Talk, The Great Moderation, The Great Resignation, the scientific method, too big to fail, trolley problem, value at risk, volatility smile, Y2K

As with Covid, politics enters into the models through value judgements about what kinds of losses and damages are acceptable, the distribution of risk across different geographical communities and the question of who should take on the costs of doing something about it. For either climate or Covid, the precautionary principle is not much help: we can be precautionary about the emerging risk, or precautionary about taking upfront economic hits before the harm is truly known. There are many analogies between responses to fast-emerging Covid risks and slow-emerging climate risks from which one could draw many conclusions.


pages: 329 words: 85,471

The Locavore's Dilemma by Pierre Desrochers, Hiroko Shimizu

air freight, back-to-the-land, biodiversity loss, Biosphere 2, British Empire, Columbian Exchange, Community Supported Agriculture, creative destruction, edge city, Edward Glaeser, food desert, food miles, Food sovereignty, global supply chain, Great Leap Forward, Gregor Mendel, intermodal, invention of agriculture, inventory management, invisible hand, Jane Jacobs, land tenure, megacity, moral hazard, mortgage debt, oil shale / tar sands, oil shock, peak oil, planetary scale, precautionary principle, profit motive, refrigerator car, Steven Pinker, tacit knowledge, the market place, The Wealth of Nations by Adam Smith, Thomas Malthus, trade liberalization, Tragedy of the Commons, Tyler Cowen, Upton Sinclair, urban sprawl

In a market economy, people do not bother tinkering with advances unless they are facing pressing problems. True, no innovative solution is ever perfect, but the essence of progress is to create less significant problems than those that existed before. Unfortunately, many activists endorse the so-called “precautionary principle,” which in its purest form prevents technological changes in the absence of full scientific certainty as to their potential negative consequences. Yet, those who promote this stance ignore the harm that this worldview creates. Had resistance to innovation and change been more significant in the last two centuries, real income, life expectancy, and food consumption would undoubtedly be much lower than they currently are, while infant mortality, food prices, and hours worked, among other things, would have been much higher.


pages: 261 words: 86,905

How to Speak Money: What the Money People Say--And What It Really Means by John Lanchester

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, asset allocation, Basel III, behavioural economics, Bernie Madoff, Big bang: deregulation of the City of London, bitcoin, Black Swan, blood diamond, Bretton Woods, BRICs, business cycle, Capital in the Twenty-First Century by Thomas Piketty, Celtic Tiger, central bank independence, collapse of Lehman Brothers, collective bargaining, commoditize, creative destruction, credit crunch, Credit Default Swap, crony capitalism, Dava Sobel, David Graeber, disintermediation, double entry bookkeeping, en.wikipedia.org, estate planning, fear index, financial engineering, financial innovation, Flash crash, forward guidance, Garrett Hardin, Gini coefficient, Glass-Steagall Act, global reserve currency, high net worth, High speed trading, hindsight bias, hype cycle, income inequality, inflation targeting, interest rate swap, inverted yield curve, Isaac Newton, Jaron Lanier, John Perry Barlow, joint-stock company, joint-stock limited liability company, junk bonds, Kodak vs Instagram, Kondratiev cycle, Large Hadron Collider, liquidity trap, London Interbank Offered Rate, London Whale, loss aversion, low interest rates, margin call, McJob, means of production, microcredit, money: store of value / unit of account / medium of exchange, moral hazard, Myron Scholes, negative equity, neoliberal agenda, New Urbanism, Nick Leeson, Nikolai Kondratiev, Nixon shock, Nixon triggered the end of the Bretton Woods system, Northern Rock, offshore financial centre, oil shock, open economy, paradox of thrift, plutocrats, Ponzi scheme, precautionary principle, proprietary trading, purchasing power parity, pushing on a string, quantitative easing, random walk, rent-seeking, reserve currency, Richard Feynman, Right to Buy, road to serfdom, Ronald Reagan, Satoshi Nakamoto, security theater, shareholder value, Silicon Valley, six sigma, Social Responsibility of Business Is to Increase Its Profits, South Sea Bubble, sovereign wealth fund, Steve Jobs, survivorship bias, The Chicago School, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Tragedy of the Commons, trickle-down economics, two and twenty, Two Sigma, Tyler Cowen, Washington Consensus, wealth creators, working poor, yield curve

Sometimes the allocation of views to particular sides of the political debate is not easy to understand, looked at from a distance and with a cold eye. Conservatism has, as its name suggests, a strong emphasis on conserving and preserving the legacy of the past; it isn’t that hard to imagine a conservatism that took a strong stand against the prospect of sweeping, irreversible change offered by global warming, and made the “precautionary principle” of acting to prevent disaster a central part of its mission. This was once less of a counterfactual than it might now seem, since the first global leader to mention climate change in a speech was Margaret Thatcher, who in 1989 said in an address to the UN, “We are seeing a vast increase in the amount of carbon dioxide reaching the atmosphere. . . .


pages: 279 words: 87,910

How Much Is Enough?: Money and the Good Life by Robert Skidelsky, Edward Skidelsky

banking crisis, basic income, Bertrand Russell: In Praise of Idleness, Bonfire of the Vanities, call centre, carbon credits, creative destruction, critique of consumerism, David Ricardo: comparative advantage, death of newspapers, Dr. Strangelove, financial innovation, Francis Fukuyama: the end of history, full employment, Great Leap Forward, guns versus butter model, happiness index / gross national happiness, Herbert Marcuse, income inequality, income per capita, informal economy, Intergovernmental Panel on Climate Change (IPCC), invisible hand, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, market clearing, market fundamentalism, Meghnad Desai, Paul Samuelson, Philippa Foot, planned obsolescence, precautionary principle, profit motive, purchasing power parity, Ralph Waldo Emerson, retail therapy, Robert Solow, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, Tobin tax, union organizing, University of East Anglia, Veblen good, wage slave, wealth creators, World Values Survey, zero-sum game

Veteran geochemist James Lovelock (of whom more later) sees the world approaching a state “that could easily be described as Hell: so hot, so deadly that only a handful of the teeming billions now alive will survive.”13 Passages like this present us with a secular version of Pascal’s famous wager: they conjure an evil so fearful that its avoidance is worth any sacrifice, however great. This argumentative strategy (now dignified as the “strong precautionary principle”) is one calculated to inspire panic. On any sober reckoning, the dangers of global warming, though real, are on a scale commensurable with those of war, plague and many other potential disasters. They do not demand the total concentration of effort and resources called for by climate radicals.


pages: 297 words: 84,447

The Star Builders: Nuclear Fusion and the Race to Power the Planet by Arthur Turrell

Albert Einstein, Arthur Eddington, autonomous vehicles, Boeing 747, Boris Johnson, carbon tax, coronavirus, COVID-19, data science, decarbonisation, deep learning, Donald Trump, Eddington experiment, energy security, energy transition, Ernest Rutherford, Extinction Rebellion, green new deal, Greta Thunberg, Higgs boson, Intergovernmental Panel on Climate Change (IPCC), ITER tokamak, Jeff Bezos, Kickstarter, Large Hadron Collider, lockdown, New Journalism, nuclear winter, Peter Thiel, planetary scale, precautionary principle, Project Plowshare, Silicon Valley, social distancing, sovereign wealth fund, statistical model, Stephen Hawking, Steve Bannon, TED Talk, The Rise and Fall of American Growth, Tunguska event

., Nuclear Accidents and Policy: Notes on Public Perception (DIW Berlin, the German Socio-Economic Panel [SOEP], 2013); P. A. Kharecha and M. Sato, “Implications of Energy and CO2 Emission Changes in Japan and Germany After the Fukushima Accident,” Energy Policy 132 (2019): 647–53; M. J. Neidell, S. Uchida, and M. Veronesi, Be Cautious with the Precautionary Principle: Evidence from Fukushima Daiichi Nuclear Accident (Cambridge, MA: National Bureau of Economic Research, 2019). 23. P. A. Kharecha and J. E. Hansen, “Prevented Mortality and Greenhouse Gas Emissions from Historical and Projected Nuclear Power,” Environmental Science & Technology 47 (2013): 4889–895.


pages: 254 words: 82,981

A Poison Like No Other: How Microplastics Corrupted Our Planet and Our Bodies by Matt Simon

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, American Society of Civil Engineers: Report Card, Anthropocene, biofilm, carbon footprint, clean water, correlation does not imply causation, COVID-19, decarbonisation, Easter island, epigenetics, food desert, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, mass immigration, megacity, meta-analysis, microbiome, microplastics / micro fibres, ocean acidification, precautionary principle, Report Card for America’s Infrastructure, South China Sea, the built environment

Plastics, EDCs, and Health: Authoritative Guide. Washington, DC: Endocrine Society. https://www.endocrine.org/topics/edc/plastics-edcs-and-health. Environmental Working Group. n.d. “BPA.” https://www.ewg.org/areas -focus/toxic-chemicals/bpa. Vandenberg, Laura N. 2011. “Exposure to Bisphenol A in Canada: Invoking the Precautionary Principle.” Canadian Medical Association Journal 183 (11): 1265–70. https://doi.org/10.1503/cmaj.101408. FDA (Food and Drug Administration). n.d. “Bisphenol A (BPA): Use in Food Contact Application.” https://www.fda.gov/food/food-addi tives-petitions/bisphenol-bpa-use-food-contact-application. Asimakopoulos, Alexandros G., Madhavan Elangovan, and Kurunthachalam Kannan. 2016.


pages: 678 words: 216,204

The Wealth of Networks: How Social Production Transforms Markets and Freedom by Yochai Benkler

affirmative action, AOL-Time Warner, barriers to entry, bioinformatics, Brownian motion, business logic, call centre, Cass Sunstein, centre right, clean water, commoditize, commons-based peer production, dark matter, desegregation, digital divide, East Village, Eben Moglen, fear of failure, Firefox, Free Software Foundation, game design, George Gilder, hiring and firing, Howard Rheingold, informal economy, information asymmetry, information security, invention of radio, Isaac Newton, iterative process, Jean Tirole, jimmy wales, John Markoff, John Perry Barlow, Kenneth Arrow, Lewis Mumford, longitudinal study, machine readable, Mahbub ul Haq, market bubble, market clearing, Marshall McLuhan, Mitch Kapor, New Journalism, optical character recognition, pattern recognition, peer-to-peer, power law, precautionary principle, pre–internet, price discrimination, profit maximization, profit motive, public intellectual, radical decentralization, random walk, Recombinant DNA, recommendation engine, regulatory arbitrage, rent-seeking, RFID, Richard Stallman, Ronald Coase, scientific management, search costs, Search for Extraterrestrial Intelligence, SETI@home, shareholder value, Silicon Valley, Skype, slashdot, social software, software patent, spectrum auction, subscription business, tacit knowledge, technological determinism, technoutopianism, The Fortune at the Bottom of the Pyramid, the long tail, The Nature of the Firm, the strength of weak ties, Timothy McVeigh, transaction costs, vertical integration, Vilfredo Pareto, work culture , Yochai Benkler

There is little doubt, too, that the near-hysterical pitch at which the failures and risks of GM foods have been trumpeted has little science to back it, and the debate has degenerated to a state that makes reasoned, evidence-based consideration difficult. In Europe in general, however, there is wide acceptance of what is called a "precautionary principle." One way of putting it is that absence of evidence of harm is not evidence of absence of harm, and caution counsels against adoption of the new and at least theoretically dangerous. It was this precautionary principle rather than evidence of harm that was at the base of the European ban. This ban has recently been lifted, in the wake of a WTO trade dispute with the United States and other major producers who challenged the ban as a trade barrier.


pages: 317 words: 100,414

Superforecasting: The Art and Science of Prediction by Philip Tetlock, Dan Gardner

Affordable Care Act / Obamacare, Any sufficiently advanced technology is indistinguishable from magic, availability heuristic, behavioural economics, Black Swan, butterfly effect, buy and hold, cloud computing, cognitive load, cuban missile crisis, Daniel Kahneman / Amos Tversky, data science, desegregation, drone strike, Edward Lorenz: Chaos theory, forward guidance, Freestyle chess, fundamental attribution error, germ theory of disease, hindsight bias, How many piano tuners are there in Chicago?, index fund, Jane Jacobs, Jeff Bezos, Kenneth Arrow, Laplace demon, longitudinal study, Mikhail Gorbachev, Mohammed Bouazizi, Nash equilibrium, Nate Silver, Nelson Mandela, obamacare, operational security, pattern recognition, performance metric, Pierre-Simon Laplace, place-making, placebo effect, precautionary principle, prediction markets, quantitative easing, random walk, randomized controlled trial, Richard Feynman, Richard Thaler, Robert Shiller, Ronald Reagan, Saturday Night Live, scientific worldview, Silicon Valley, Skype, statistical model, stem cell, Steve Ballmer, Steve Jobs, Steven Pinker, tacit knowledge, tail risk, the scientific method, The Signal and the Noise by Nate Silver, The Wisdom of Crowds, Thomas Bayes, Watson beat the top human players on Jeopardy!

Another approach is to develop early warning indicators of rare megaevents, assess forecasters’ accuracy on the indicators, and then treat the better forecasters as the better guides to which historical trajectory we are on. Neither approach solves Taleb’s problem but each is better than nothing—and better than embracing an extreme form of the precautionary principle that obliges us to reject any change for which anyone can generate a “plausible” worst-case scenario. 16. The Kahneman thought experiment skims the surface of a roiling sea of what-if possibilities. The most incisive alternative histories make strong cases for tiny tweaks yielding big changes, such as Winston Churchill’s essay tracing the consequences of a Confederate victory at Gettysburg, a battle often seen as hinging on the actions of a few brave men, through to a German victory in World War I.


Rogue States by Noam Chomsky

"there is no alternative" (TINA), Alan Greenspan, anti-communist, Asian financial crisis, Berlin Wall, Branko Milanovic, Bretton Woods, business cycle, capital controls, classic study, collective bargaining, colonial rule, creative destruction, cuban missile crisis, declining real wages, deskilling, digital capitalism, Edward Snowden, experimental subject, Fall of the Berlin Wall, floating exchange rates, land reform, liberation theology, Mahbub ul Haq, Mikhail Gorbachev, Monroe Doctrine, new economy, Nixon triggered the end of the Bretton Woods system, no-fly zone, oil shock, precautionary principle, public intellectual, RAND corporation, Silicon Valley, strikebreaker, structural adjustment programs, Tobin tax, union organizing, Washington Consensus

But in some ways, a lot of ways, the conflict between popular sovereignty and private power was illuminated more sharply a couple of months after Seattle, in Montreal, where an ambiguous settlement was reached on the so-called “biosafety protocol.” There the issue was very clearly drawn. Quoting the New York Times, a compromise was reached “after intense negotiations that often pitted the United States against almost everyone else” over what’s called “the precautionary principle.” What’s that? Well the chief negotiator for the European Union described it this way: “Countries must be able to have the freedom, the sovereign right, to take precautionary measures with regard” to genetically altered seed, microbes, animals, crops that they fear might be harmful. The United States, however, insisted on World Trade Organization rules.


pages: 337 words: 103,273

The Great Disruption: Why the Climate Crisis Will Bring on the End of Shopping and the Birth of a New World by Paul Gilding

"World Economic Forum" Davos, airport security, Alan Greenspan, Albert Einstein, biodiversity loss, Bob Geldof, BRICs, carbon credits, carbon footprint, carbon tax, clean tech, clean water, Climategate, commoditize, corporate social responsibility, creative destruction, data science, decarbonisation, energy security, Exxon Valdez, failed state, fear of failure, geopolitical risk, income inequality, Intergovernmental Panel on Climate Change (IPCC), John Elkington, Joseph Schumpeter, market fundamentalism, mass immigration, Medieval Warm Period, Naomi Klein, negative emissions, Nelson Mandela, new economy, nuclear winter, Ocado, ocean acidification, oil shock, peak oil, Ponzi scheme, precautionary principle, purchasing power parity, retail therapy, Ronald Reagan, shareholder value, systems thinking, The Spirit Level, The Wealth of Nations by Adam Smith, union organizing, University of East Anglia, warehouse automation

At the Rio Earth Summit nearly twenty years ago, our leaders—representatives from 172 countries, including 108 heads of state—gathered in a momentous meeting that agreed protecting the environment was critical to sustained prosperity for humanity. The resulting declaration recognized many important principles that remain relevant today, such as the “precautionary principle”: Where there are threats of serious or irreversible damage, lack of full scientific certainty shall not be used as a reason for postponing cost-effective measures to prevent environmental degradation.1 They also signed on to the UNFCCC, which committed them to “preventing dangerous anthropogenic interference with Earth’s climate system.”2 So in 1992, a road map for the subsequent decades of action was set.


pages: 308 words: 98,729

Garbage Land: On the Secret Trail of Trash by Elizabeth Royte

Alan Greenspan, clean water, low earth orbit, Maui Hawaii, Norman Mailer, off-the-grid, Parkinson's law, precautionary principle, RAND corporation, Silicon Valley, thinkpad, upwardly mobile, vertical integration, working poor

But it spares the earth the far larger insult of mining virgin metals, with all its attendant energy use and pollution. Extracting one ton of copper, for example, requires miners to move an additional nineteen tons of rock. According to a Commission on the European Communities report on battery recycling (the EU, having embraced the precautionary principle, is way ahead of the United States in formulating policies to avoid and recycle high-tech waste), working with recycled cadmium and nickel requires, respectively, 46 percent and 75 percent less primary energy compared with the extraction and refining of virgin metal. Using zinc recovered from alkaline batteries consumes 22.5 percent less energy than extracting it from primary resources.


pages: 369 words: 98,776

The God Species: Saving the Planet in the Age of Humans by Mark Lynas

Airbus A320, Anthropocene, back-to-the-land, Berlin Wall, biodiversity loss, carbon credits, carbon footprint, clean water, Climategate, Climatic Research Unit, data science, David Ricardo: comparative advantage, decarbonisation, degrowth, dematerialisation, demographic transition, Easter island, Eyjafjallajökull, Great Leap Forward, Haber-Bosch Process, ice-free Arctic, Intergovernmental Panel on Climate Change (IPCC), invention of the steam engine, James Watt: steam engine, megacity, meta-analysis, moral hazard, Negawatt, New Urbanism, ocean acidification, oil shale / tar sands, out of africa, peak oil, planetary scale, precautionary principle, quantitative easing, race to the bottom, rewilding, Ronald Reagan, special drawing rights, Stewart Brand, synthetic biology, Tragedy of the Commons, two and twenty, undersea cable, University of East Anglia, We are as Gods

These include various flame retardants, by-products of the hazardous pesticide lindane (itself due to be eliminated), another agricultural pesticide called chlordecone, and perfluorooctanesulfonic acid, or PFOS, which is found in products such as electrical and electronic parts, firefighting foam, photo imaging, hydraulic fluids, and textiles.29 This all represents good progress, and the agreements and efforts of campaigners and policymakers should be applauded. Where less is known, the approach to toxics regulation provides a reasonably good model of the precautionary principle in action. In Europe the REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) legislation, passed in 2007 and supervised by the new European Chemicals Agency, requires all companies producing more than one tonne of any novel chemical per year to safety-test and register the substance—and all chemicals sold in the EU must be covered by 2018.30 The EU agency expects 30,000 chemicals to be tested and registered by the 2018 deadline, a number so large that many experts warn that testing facilities will be stretched to the limit as a result.31 In April 2010 lawmakers proposed similar legislation in the United States.32 With tens or even hundreds of thousands of different chemicals now being produced and consumed within human society, this regulatory approach is focused on trying to balance the need to avoid future disasters while not putting too great a strain on industry.


pages: 285 words: 98,832

The Premonition: A Pandemic Story by Michael Lewis

"World Economic Forum" Davos, Airbnb, contact tracing, coronavirus, COVID-19, dark matter, data science, deep learning, Donald Davies, Donald Trump, double helix, energy security, facts on the ground, failed state, gentleman farmer, global supply chain, illegal immigration, Marc Benioff, Mark Zuckerberg, out of africa, precautionary principle, QAnon, rolling blackouts, Ronald Reagan, Salesforce, Silicon Valley, social distancing, Social Justice Warrior, stem cell, tech bro, telemarketer, the new new thing, working poor, young professional

The local public-health officials with the power to close the schools had no political cover to do what needed doing. In that moment it was clear to Richard and Carter that there’d be no cohesive national strategy. Carter and I argued as hard as we could for a ‘tactical pause’; CDC felt we “didn’t have enough data.” It was an argument about the precautionary principle v. the scientist’s desire not to make a mistake, coupled with risk aversion that was all too characteristic of public health bureaucrats. It was literally driving Carter nuts. Richard had helped to invest with credibility the whole idea of using mathematical models to forecast disease, and the forecasters were becoming accepted experts.


pages: 340 words: 101,675

A New History of the Future in 100 Objects: A Fiction by Adrian Hon

Adrian Hon, air gap, Anthropocene, augmented reality, blockchain, bounce rate, call centre, carbon credits, carbon tax, Cepheid variable, charter city, Clayton Christensen, clean water, cognitive dissonance, congestion charging, creative destruction, CRISPR, crowdsourcing, cryptocurrency, deepfake, defense in depth, discrete time, disinformation, disintermediation, driverless car, drone strike, food desert, game design, gamification, gravity well, hive mind, hydroponic farming, impulse control, income inequality, job automation, Kickstarter, Kim Stanley Robinson, knowledge worker, life extension, lifelogging, low earth orbit, machine translation, MITM: man-in-the-middle, moral panic, Neal Stephenson, no-fly zone, off grid, offshore financial centre, oil shale / tar sands, orbital mechanics / astrodynamics, peak oil, peer-to-peer, phenotype, planned obsolescence, post scarcity, precariat, precautionary principle, prediction markets, rewilding, Silicon Valley, skeuomorphism, Skype, smart contracts, social graph, South Sea Bubble, speech recognition, stem cell, Stewart Brand, synthetic biology, technoutopianism, telepresence, transfer pricing, tulip mania, Turing test, urban sprawl, Vernor Vinge, VTOL, working-age population

This ordeal originated from philosopher Shannon Vallor’s book from 2016, arguing that one of the only ways to promote human flourishing in an age of unpredictable, civilization-threatening technological change was to cultivate her twelve new virtues of honesty, self-control, humility, justice, courage, empathy, care, civility, flexibility, perspective, magnanimity, and wisdom–each derived from much older Aristotelian, Confucian, and Buddhist ethical traditions. This was not merely the precautionary principle by another name. Rather, Vallor sought a balance between thoughtless techno-utopianism and reactionary techno-pessimism. Vallor’s book was overlooked for several years due to Silicon Valley’s noted suspicion of the humanities. It only found a wider audience when the engineers who had created the software that conquered the world became disillusioned with the superficial communalism of the Guide and the piecemeal solutions offered by the “Time Well Spent” movement.


pages: 1,233 words: 239,800

Public Places, Urban Spaces: The Dimensions of Urban Design by Matthew Carmona, Tim Heath, Steve Tiesdell, Taner Oc

"hyperreality Baudrillard"~20 OR "Baudrillard hyperreality", A Pattern Language, Arthur Eddington, Big bang: deregulation of the City of London, big-box store, Broken windows theory, Buckminster Fuller, car-free, carbon footprint, cellular automata, City Beautiful movement, Community Supported Agriculture, complexity theory, deindustrialization, disinformation, Donald Trump, drive until you qualify, East Village, edge city, food miles, Frank Gehry, Future Shock, game design, garden city movement, gentrification, global supply chain, Guggenheim Bilbao, income inequality, invisible hand, iterative process, Jane Jacobs, land bank, late capitalism, Lewis Mumford, longitudinal study, Masdar, Maslow's hierarchy, megaproject, megastructure, New Urbanism, peak oil, Peter Calthorpe, place-making, post-oil, precautionary principle, principal–agent problem, prisoner's dilemma, profit motive, Richard Florida, Seaside, Florida, starchitect, streetcar suburb, systems thinking, tacit knowledge, technological determinism, telepresence, the built environment, The Chicago School, The Death and Life of Great American Cities, The Great Good Place, the market place, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, Traffic in Towns by Colin Buchanan, Tragedy of the Commons, transaction costs, transit-oriented development, urban decay, urban planning, urban renewal, urban sprawl, vertical integration, zero-sum game

The result is environments of distinctive character in building design, space composition, mix of uses and spatial layouts, which, like eco-systems, once damaged are difficult to repair. This does not imply that change is inappropriate and should be resisted – an environment may be distinctive in a negative as well as a positive sense – merely that, to be sustainable, the precautionary principle should be applied (Biddulph 2007: 70) with careful consideration given to identifying what is special, to resisting pressures for homogenisation, and to ensuring new development across all scales respects and enhances the best of what already exists and what works, rather than continuously reinventing the wheel.

Measures can be taken to prevent or reduce the ‘break out’ of noise, and/or to separate it from noise-sensitive uses, by physical distance, sound insulation and/or through screens and barriers. Within buildings, noise-sensitive uses and activities can be located away from noise sources. As change may be unpredictable and impossible to control, a necessary precautionary principle should be to ensure appropriate insulation is provided for noise-sensitive uses from the outset. As physical distance from the noise source is often impractical, the other main means to obstruct the sound path is by solid screening (i.e. solid fencing) or earthbund. The insulation effect of trees and tree belts, however, is primarily psychological.


pages: 378 words: 110,518

Postcapitalism: A Guide to Our Future by Paul Mason

air traffic controllers' union, Alan Greenspan, Alfred Russel Wallace, bank run, banking crisis, banks create money, Basel III, basic income, Bernie Madoff, Bill Gates: Altair 8800, bitcoin, Bletchley Park, Branko Milanovic, Bretton Woods, BRICs, British Empire, business cycle, business process, butterfly effect, call centre, capital controls, carbon tax, Cesare Marchetti: Marchetti’s constant, Claude Shannon: information theory, collaborative economy, collective bargaining, commons-based peer production, Corn Laws, corporate social responsibility, creative destruction, credit crunch, currency manipulation / currency intervention, currency peg, David Graeber, deglobalization, deindustrialization, deskilling, discovery of the americas, disinformation, Downton Abbey, drone strike, en.wikipedia.org, energy security, eurozone crisis, factory automation, false flag, financial engineering, financial repression, Firefox, Fractional reserve banking, Frederick Winslow Taylor, fulfillment center, full employment, future of work, game design, Glass-Steagall Act, green new deal, guns versus butter model, Herbert Marcuse, income inequality, inflation targeting, informal economy, information asymmetry, intangible asset, Intergovernmental Panel on Climate Change (IPCC), Internet of things, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Perry Barlow, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, late capitalism, low interest rates, low skilled workers, market clearing, means of production, Metcalfe's law, microservices, middle-income trap, Money creation, money: store of value / unit of account / medium of exchange, mortgage debt, Network effects, new economy, Nixon triggered the end of the Bretton Woods system, Norbert Wiener, Occupy movement, oil shale / tar sands, oil shock, Paul Samuelson, payday loans, Pearl River Delta, post-industrial society, power law, precariat, precautionary principle, price mechanism, profit motive, quantitative easing, race to the bottom, RAND corporation, rent-seeking, reserve currency, RFID, Richard Stallman, Robert Gordon, Robert Metcalfe, scientific management, secular stagnation, sharing economy, Stewart Brand, structural adjustment programs, supply-chain management, technological determinism, The Future of Employment, the scientific method, The Wealth of Nations by Adam Smith, Transnistria, Twitter Arab Spring, union organizing, universal basic income, urban decay, urban planning, vertical integration, Vilfredo Pareto, wages for housework, WikiLeaks, women in the workforce, Yochai Benkler

TOP-LEVEL GOALS With the above principles in mind, I want to offer not a political programme, but something more like a distributed project. It is a set of linked, modular, non-linear tasks that lead to a probable outcome. Decision-making is decentralized; the structures needed to deliver it emerge during the delivery; targets evolve in response to realtime information. And on the precautionary principle, we should use the new breed of simulation tools to model every proposal virtually before we enact it for real. If I could write the rest of this chapter as post-it notes on a whiteboard, it would better express the modularity and interdependence. The best method for doing a distributed project is for small groups to pick a task, work on it for a bit, document what they’ve done and move on.


pages: 345 words: 104,404

Pandora's Brain by Calum Chace

AI winter, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Bletchley Park, brain emulation, Extropian, friendly AI, hive mind, lateral thinking, machine translation, mega-rich, Nick Bostrom, precautionary principle, Ray Kurzweil, self-driving car, Silicon Valley, Singularitarianism, Skype, speech recognition, stealth mode startup, Stephen Hawking, strong AI, technological singularity, theory of mind, Turing test, Wall-E

I assume we all agree that there will be people who argue that my existence is an abomination. There are some strident voices among the religious right in your country, and they do have influence. There are also going to be people – secular as well as religious – who say my existence is a threat, and that I should be terminated on the precautionary principle. They will argue that if I am switched off I can always be re-created later if and when my safety can be proven, because you have a perfect record of my brain structure.’ ‘Over my dead body,’ Sophie objected, vehemently. ‘I love you, mum’ Matt said, tenderly. ‘And I wish it could be your decision, I really do.


pages: 605 words: 110,673

Drugs Without the Hot Air by David Nutt

British Empire, double helix, drug harm reduction, en.wikipedia.org, Kickstarter, knowledge economy, longitudinal study, meta-analysis, moral panic, offshore financial centre, precautionary principle, randomized controlled trial, risk tolerance, Robert Gordon, selective serotonin reuptake inhibitor (SSRI), War on Poverty

The Misuse of Drugs Act may not be a perfect piece of legislation, but at least the government could use it rationally, and do what the Act required by listening to the expert Advisory Council it set up. I started to think about the whole purpose of classification. Clearly, some drugs are more harmful than others, and people should have a broad understanding of the risks if they choose to take them. Politicians sometimes invoke the precautionary principle to argue that, if we’re not completely sure if something might do harm, we should put it in as high a Class as possible. However, this may be unwise as it can have perverse consequences. There was a very sad tale a few years ago of a 2young girl in the Shetland Islands who wanted to try cannabis, but could only get hold of heroin and died of an overdose; if cannabis and heroin are in the same Class, indicating that they pose the same sorts of risks, this kind of tragedy may happen more often.


pages: 387 words: 120,155

Inside the Nudge Unit: How Small Changes Can Make a Big Difference by David Halpern

Affordable Care Act / Obamacare, availability heuristic, behavioural economics, carbon footprint, Cass Sunstein, centre right, choice architecture, cognitive dissonance, cognitive load, collaborative consumption, correlation does not imply causation, Daniel Kahneman / Amos Tversky, data science, different worldview, endowment effect, gamification, happiness index / gross national happiness, hedonic treadmill, hindsight bias, IKEA effect, illegal immigration, job satisfaction, Kickstarter, language acquisition, libertarian paternalism, light touch regulation, longitudinal study, machine readable, market design, meta-analysis, Milgram experiment, nudge unit, peer-to-peer lending, pension reform, precautionary principle, presumed consent, QR code, quantitative easing, randomized controlled trial, Richard Thaler, Right to Buy, Ronald Reagan, Rory Sutherland, Simon Kuznets, skunkworks, supply chain finance, the built environment, theory of mind, traffic fines, twin studies, World Values Survey

One area where we ran into this critique on more than one occasion was in relation to public health. In crude terms, if a behaviour or activity is known to be unhealthy, and especially if it might be harmful to others, why mess around with a nudge? Why not just ban it? Public health is also home to a rival ethical principle to choice: the precautionary principle. This states that if a product or behaviour is not known to be safe, or if considerable uncertainty exists over its safety, then access to it should be limited or banned. You can see the logic of the approach. If a pharmaceutical company develops a new drug, it should have to show that it is safe to use on humans before it is widely available for sale.


pages: 395 words: 116,675

The Evolution of Everything: How New Ideas Emerge by Matt Ridley

"World Economic Forum" Davos, adjacent possible, affirmative action, Affordable Care Act / Obamacare, Albert Einstein, Alfred Russel Wallace, AltaVista, altcoin, An Inconvenient Truth, anthropic principle, anti-communist, bank run, banking crisis, barriers to entry, bitcoin, blockchain, Boeing 747, Boris Johnson, British Empire, Broken windows theory, carbon tax, Columbian Exchange, computer age, Corn Laws, cosmological constant, cotton gin, creative destruction, Credit Default Swap, crony capitalism, crowdsourcing, cryptocurrency, David Ricardo: comparative advantage, demographic transition, Deng Xiaoping, discovery of DNA, Donald Davies, double helix, Downton Abbey, driverless car, Eben Moglen, Edward Glaeser, Edward Lorenz: Chaos theory, Edward Snowden, endogenous growth, epigenetics, Ethereum, ethereum blockchain, facts on the ground, fail fast, falling living standards, Ferguson, Missouri, financial deregulation, financial innovation, flying shuttle, Frederick Winslow Taylor, Geoffrey West, Santa Fe Institute, George Gilder, George Santayana, Glass-Steagall Act, Great Leap Forward, Greenspan put, Gregor Mendel, Gunnar Myrdal, Henri Poincaré, Higgs boson, hydraulic fracturing, imperial preference, income per capita, indoor plumbing, information security, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, Jane Jacobs, Japanese asset price bubble, Jeff Bezos, joint-stock company, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Khan Academy, knowledge economy, land reform, Lao Tzu, long peace, low interest rates, Lyft, M-Pesa, Mahatma Gandhi, Mark Zuckerberg, means of production, meta-analysis, military-industrial complex, mobile money, Money creation, money: store of value / unit of account / medium of exchange, Mont Pelerin Society, moral hazard, Necker cube, obamacare, out of africa, packet switching, peer-to-peer, phenotype, Pierre-Simon Laplace, precautionary principle, price mechanism, profit motive, RAND corporation, random walk, Ray Kurzweil, rent-seeking, reserve currency, Richard Feynman, rising living standards, road to serfdom, Robert Solow, Ronald Coase, Ronald Reagan, Satoshi Nakamoto, scientific management, Second Machine Age, sharing economy, smart contracts, South Sea Bubble, Steve Jobs, Steven Pinker, Stuart Kauffman, tacit knowledge, TED Talk, The Wealth of Nations by Adam Smith, Thorstein Veblen, transaction costs, twin studies, uber lyft, women in the workforce

(The idea is absurd, which makes my point.) It is easier to prohibit technological development in larger-scale technologies that require big investments and national regulations. So, for example, Europe has fairly successfully maintained a de facto ban on genetic modification of crops for two decades in the name of the precautionary principle, and it looks as if it may do the same for shale gas, thanks largely to the unpleasant sound of the word ‘fracking’. But even here there is no hope of stopping these technologies globally. Genetic modification and fracking are thriving elsewhere, bringing down pesticide usage and carbon dioxide emissions respectively.


pages: 397 words: 112,034

What's Next?: Unconventional Wisdom on the Future of the World Economy by David Hale, Lyric Hughes Hale

"World Economic Forum" Davos, affirmative action, Alan Greenspan, Asian financial crisis, asset-backed security, bank run, banking crisis, Basel III, Bear Stearns, behavioural economics, Berlin Wall, biodiversity loss, Black Swan, Bretton Woods, business cycle, capital controls, carbon credits, carbon tax, Cass Sunstein, central bank independence, classic study, cognitive bias, collapse of Lehman Brothers, collateralized debt obligation, corporate governance, corporate social responsibility, creative destruction, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, currency manipulation / currency intervention, currency peg, currency risk, Daniel Kahneman / Amos Tversky, debt deflation, declining real wages, deindustrialization, diversification, energy security, Erik Brynjolfsson, Fall of the Berlin Wall, financial engineering, financial innovation, floating exchange rates, foreign exchange controls, full employment, Gini coefficient, Glass-Steagall Act, global macro, global reserve currency, global village, high net worth, high-speed rail, Home mortgage interest deduction, housing crisis, index fund, inflation targeting, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), inverted yield curve, invisible hand, Just-in-time delivery, Kenneth Rogoff, Long Term Capital Management, low interest rates, Mahatma Gandhi, Martin Wolf, Mexican peso crisis / tequila crisis, Mikhail Gorbachev, military-industrial complex, Money creation, money market fund, money: store of value / unit of account / medium of exchange, mortgage tax deduction, Network effects, new economy, Nicholas Carr, oil shale / tar sands, oil shock, open economy, passive investing, payday loans, peak oil, Ponzi scheme, post-oil, precautionary principle, price stability, private sector deleveraging, proprietary trading, purchasing power parity, quantitative easing, race to the bottom, regulatory arbitrage, rent-seeking, reserve currency, Richard Thaler, risk/return, Robert Shiller, Ronald Reagan, Savings and loan crisis, sovereign wealth fund, special drawing rights, subprime mortgage crisis, technology bubble, The Great Moderation, Thomas Kuhn: the structure of scientific revolutions, Tobin tax, too big to fail, total factor productivity, trade liberalization, Tragedy of the Commons, Washington Consensus, Westphalian system, WikiLeaks, women in the workforce, yield curve

The objective of the Convention is the stabilization of greenhouse gas concentrations “at a level that would prevent dangerous anthropogenic interference with the climate system” (UNFCCC, Art. 2). Key principles (Art. 3) under the Convention include (1) intergenerational equity; (2) consideration of mitigation and adaptation costs for developing countries; (3) the precautionary principle, which, tempered by cost-effectiveness, should be the basis for action; (4) sustainable development, recognizing that economic development is necessary to enable mitigation; and (5) promotion of open international economic systems and repudiation of unjustifiable restrictions on international trade, including on measures taken to combat climate change either unilaterally or otherwise.


pages: 484 words: 120,507

The Last Lingua Franca: English Until the Return of Babel by Nicholas Ostler

barriers to entry, BRICs, British Empire, call centre, en.wikipedia.org, European colonialism, Internet Archive, invention of writing, Isaac Newton, language acquisition, machine translation, Machine translation of "The spirit is willing, but the flesh is weak." to Russian and back, mass immigration, Nelson Mandela, open economy, precautionary principle, Republic of Letters, Scramble for Africa, statistical model, trade route, upwardly mobile, Wayback Machine

It remained concerned to avoid any changes that would needlessly disturb Indian sensibilities, not least because they would be harmful to trade, and also because the British were conscious that their hold on Indian loyalties was precarious. They had continued to use traditional languages on the precautionary principle, and indeed beyond necessity. When a British captain had written in 1863 what now seems eerily f rs ghted, “If sufficient encouragement be afforded, English will soon take the place that formerly belonged to Persian . . . It is my belief that English will become in time, what Persian never has been, the commercial language of the country,” the lieutenant governor slapped him down, reasserting the need to keep the examinations in Persian.21 The British might be moving India forward by their own lights, but they needed to conciliate the vast majority of the native population to the new, reformed structures they were evolving.


pages: 386 words: 113,709

Why We Drive: Toward a Philosophy of the Open Road by Matthew B. Crawford

1960s counterculture, Airbus A320, airport security, augmented reality, autonomous vehicles, behavioural economics, Bernie Sanders, Big Tech, Boeing 737 MAX, British Empire, Burning Man, business logic, call centre, classic study, collective bargaining, confounding variable, congestion pricing, crony capitalism, data science, David Sedaris, deskilling, digital map, don't be evil, Donald Trump, driverless car, Elon Musk, emotional labour, en.wikipedia.org, Fellow of the Royal Society, Ford Model T, gamification, gentrification, gig economy, Google Earth, Great Leap Forward, Herbert Marcuse, hive mind, Ian Bogost, income inequality, informal economy, Internet of things, Jane Jacobs, labour mobility, Lyft, mirror neurons, Network effects, New Journalism, New Urbanism, Nicholas Carr, planned obsolescence, Ponzi scheme, precautionary principle, Ralph Nader, ride hailing / ride sharing, Ronald Reagan, Sam Peltzman, security theater, self-driving car, sharing economy, Shoshana Zuboff, Silicon Valley, smart cities, social graph, social intelligence, Stephen Hawking, surveillance capitalism, tacit knowledge, tech worker, technoutopianism, the built environment, The Death and Life of Great American Cities, the High Line, time dilation, too big to fail, traffic fines, Travis Kalanick, trolley problem, Uber and Lyft, Uber for X, uber lyft, Unsafe at Any Speed, urban planning, Wall-E, Works Progress Administration

But you also feel the need for circumspection: if nobody else has tried this, there might be a good reason. Or maybe somebody did try it, and we never heard about it because they were too embarrassed by the result to report it. One must beware “the idiot tax,” the risk of failure that leads gearheads to adopt a kind of precautionary principle abbreviated as KISS: “keep it simple, stupid.” Departing from convention, one is more likely to screw up than make a lasting contribution. But this is a lesson that usually becomes clear only in hindsight. Building up the surface of a gear set with plating, to reduce lash. Illustration by the author I considered electroplating the gears to build up the surface.


pages: 399 words: 118,576

Ageless: The New Science of Getting Older Without Getting Old by Andrew Steele

Alfred Russel Wallace, assortative mating, bioinformatics, caloric restriction, caloric restriction, clockwatching, coronavirus, correlation does not imply causation, COVID-19, CRISPR, dark matter, deep learning, discovery of penicillin, double helix, Easter island, epigenetics, Hans Rosling, Helicobacter pylori, life extension, lone genius, megastructure, meta-analysis, microbiome, mouse model, parabiotic, Peter Thiel, phenotype, precautionary principle, radical life extension, randomized controlled trial, Silicon Valley, stealth mode startup, stem cell, TED Talk, zero-sum game

As individuals, this is a fascinating time to be alive. As we rapidly learn more about treatments which could intervene in ageing, it’s natural to wonder at what point the risks and benefits of a new treatment are well enough characterised to consider taking it. Our current paradigm of medical research works on the precautionary principle, meaning that pharmaceutical companies and regulators expend huge efforts to make absolutely sure that new treatments are completely safe before rolling them out for widespread use. This sounds sensibly cautious, but it neglects that doing nothing can sometimes come with greater risks than doing something, even if that something is not 100 per cent certain to be safe.


pages: 444 words: 117,770

The Coming Wave: Technology, Power, and the Twenty-First Century's Greatest Dilemma by Mustafa Suleyman

"World Economic Forum" Davos, 23andMe, 3D printing, active measures, Ada Lovelace, additive manufacturing, agricultural Revolution, AI winter, air gap, Airbnb, Alan Greenspan, algorithmic bias, Alignment Problem, AlphaGo, Alvin Toffler, Amazon Web Services, Anthropocene, artificial general intelligence, Asilomar, Asilomar Conference on Recombinant DNA, ASML, autonomous vehicles, backpropagation, barriers to entry, basic income, benefit corporation, Big Tech, biodiversity loss, bioinformatics, Bletchley Park, Blitzscaling, Boston Dynamics, business process, business process outsourcing, call centre, Capital in the Twenty-First Century by Thomas Piketty, ChatGPT, choice architecture, circular economy, classic study, clean tech, cloud computing, commoditize, computer vision, coronavirus, corporate governance, correlation does not imply causation, COVID-19, creative destruction, CRISPR, critical race theory, crowdsourcing, cryptocurrency, cuban missile crisis, data science, decarbonisation, deep learning, deepfake, DeepMind, deindustrialization, dematerialisation, Demis Hassabis, disinformation, drone strike, drop ship, dual-use technology, Easter island, Edward Snowden, effective altruism, energy transition, epigenetics, Erik Brynjolfsson, Ernest Rutherford, Extinction Rebellion, facts on the ground, failed state, Fairchild Semiconductor, fear of failure, flying shuttle, Ford Model T, future of work, general purpose technology, Geoffrey Hinton, global pandemic, GPT-3, GPT-4, hallucination problem, hive mind, hype cycle, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, Internet of things, invention of the wheel, job automation, John Maynard Keynes: technological unemployment, John von Neumann, Joi Ito, Joseph Schumpeter, Kickstarter, lab leak, large language model, Law of Accelerating Returns, Lewis Mumford, license plate recognition, lockdown, machine readable, Marc Andreessen, meta-analysis, microcredit, move 37, Mustafa Suleyman, mutually assured destruction, new economy, Nick Bostrom, Nikolai Kondratiev, off grid, OpenAI, paperclip maximiser, personalized medicine, Peter Thiel, planetary scale, plutocrats, precautionary principle, profit motive, prompt engineering, QAnon, quantum entanglement, ransomware, Ray Kurzweil, Recombinant DNA, Richard Feynman, Robert Gordon, Ronald Reagan, Sam Altman, Sand Hill Road, satellite internet, Silicon Valley, smart cities, South China Sea, space junk, SpaceX Starlink, stealth mode startup, stem cell, Stephen Fry, Steven Levy, strong AI, synthetic biology, tacit knowledge, tail risk, techlash, techno-determinism, technoutopianism, Ted Kaczynski, the long tail, The Rise and Fall of American Growth, Thomas Malthus, TikTok, TSMC, Turing test, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, uranium enrichment, warehouse robotics, William MacAskill, working-age population, world market for maybe five computers, zero day

Social and moral responsibility was, he believed, not something any scientist could ever set aside. I agree, and we should consider a contemporary version for technologists: ask not just what doing no harm means in an age of globe-spanning algorithms and edited genomes but how that can be enacted daily in what are often morally ambiguous circumstances. Precautionary principles like this are a good first step. Pause before building, pause before publishing, review everything, sit down and hammer out the second-, third-, nth-order impacts. Find all the evidence and look at it coldly. Relentlessly course correct. Be willing to stop. Do all this not just because it says so in some form, but because it’s what’s right, it’s what technologists do.


Human Frontiers: The Future of Big Ideas in an Age of Small Thinking by Michael Bhaskar

"Margaret Hamilton" Apollo, 3D printing, additive manufacturing, AI winter, Albert Einstein, algorithmic trading, AlphaGo, Anthropocene, artificial general intelligence, augmented reality, autonomous vehicles, backpropagation, barriers to entry, basic income, behavioural economics, Benoit Mandelbrot, Berlin Wall, Big bang: deregulation of the City of London, Big Tech, Bletchley Park, blockchain, Boeing 747, brain emulation, Brexit referendum, call centre, carbon tax, charter city, citizen journalism, Claude Shannon: information theory, Clayton Christensen, clean tech, clean water, cognitive load, Columbian Exchange, coronavirus, cosmic microwave background, COVID-19, creative destruction, CRISPR, crony capitalism, cyber-physical system, dark matter, David Graeber, deep learning, DeepMind, deindustrialization, dematerialisation, Demis Hassabis, demographic dividend, Deng Xiaoping, deplatforming, discovery of penicillin, disruptive innovation, Donald Trump, double entry bookkeeping, Easter island, Edward Jenner, Edward Lorenz: Chaos theory, Elon Musk, en.wikipedia.org, endogenous growth, energy security, energy transition, epigenetics, Eratosthenes, Ernest Rutherford, Eroom's law, fail fast, false flag, Fellow of the Royal Society, flying shuttle, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, germ theory of disease, glass ceiling, global pandemic, Goodhart's law, Google Glasses, Google X / Alphabet X, GPT-3, Haber-Bosch Process, hedonic treadmill, Herman Kahn, Higgs boson, hive mind, hype cycle, Hyperloop, Ignaz Semmelweis: hand washing, Innovator's Dilemma, intangible asset, interchangeable parts, Internet of things, invention of agriculture, invention of the printing press, invention of the steam engine, invention of the telegraph, invisible hand, Isaac Newton, ITER tokamak, James Watt: steam engine, James Webb Space Telescope, Jeff Bezos, jimmy wales, job automation, Johannes Kepler, John von Neumann, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, Large Hadron Collider, liberation theology, lockdown, lone genius, loss aversion, Louis Pasteur, Mark Zuckerberg, Martin Wolf, megacity, megastructure, Menlo Park, Minecraft, minimum viable product, mittelstand, Modern Monetary Theory, Mont Pelerin Society, Murray Gell-Mann, Mustafa Suleyman, natural language processing, Neal Stephenson, nuclear winter, nudge unit, oil shale / tar sands, open economy, OpenAI, opioid epidemic / opioid crisis, PageRank, patent troll, Peter Thiel, plutocrats, post scarcity, post-truth, precautionary principle, public intellectual, publish or perish, purchasing power parity, quantum entanglement, Ray Kurzweil, remote working, rent-seeking, Republic of Letters, Richard Feynman, Robert Gordon, Robert Solow, secular stagnation, shareholder value, Silicon Valley, Silicon Valley ideology, Simon Kuznets, skunkworks, Slavoj Žižek, sovereign wealth fund, spinning jenny, statistical model, stem cell, Steve Jobs, Stuart Kauffman, synthetic biology, techlash, TED Talk, The Rise and Fall of American Growth, the scientific method, The Wealth of Nations by Adam Smith, Thomas Bayes, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, TikTok, total factor productivity, transcontinental railway, Two Sigma, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, uranium enrichment, We wanted flying cars, instead we got 140 characters, When a measure becomes a target, X Prize, Y Combinator

In everything from tech to logistics, construction to banking, compliance costs now form a significant barrier to entry and favour already dominant interests. So much for the mythologised notion of ‘permissionless innovation’. Over-zealous, over-complex regulation favours incumbents, inhibits innovation and creates hidden costs in the form of paths not taken. Moderate, judicious use of the precautionary principle is needed, but ‘judicious’ is a tricky balance. I'm not against regulation per se, but from the perspective of analysing why big ideas are not introduced and scaled up as frequently as we might expect, it's undoubtedly part of the mix. Nor am I against management; after all, Mervin Kelly at Bell Labs was a manager and it was Bell's management system that proved so effective.


pages: 424 words: 122,350

Feral: Rewilding the Land, the Sea, and Human Life by George Monbiot

Chance favours the prepared mind, cognitive dissonance, en.wikipedia.org, Hugh Fearnley-Whittingstall, land reform, Nelson Mandela, nuclear winter, offshore financial centre, oil rush, oil shale / tar sands, place-making, precautionary principle, rewilding, seminal paper, social intelligence, trade route

The nation has furnished the world with two of its most powerful environmental parables: one wholly bad, the other mostly good. The story of the collapse of the North Atlantic cod fishery reads like a biography of the two horsemen of ecological destruction: greed and denial. The basis on which the stocks were managed was the opposite of the Precautionary Principle: the Providential Principle. This means that if there’s even a one percent chance that our policy will not cause catastrophe, we’ll take it. Foreigners and seals were blamed for the depletion of the fish, while the obvious contribution of the Canadian fleet and the Canadian government was overlooked.


pages: 377 words: 121,996

Live and Let Spy: BRIXMIS - the Last Cold War Mission by Steve Gibson

Adam Curtis, behavioural economics, Berlin Wall, Bletchley Park, British Empire, corporate social responsibility, cuban missile crisis, disinformation, Fall of the Berlin Wall, John Nash: game theory, libertarian paternalism, long peace, means of production, Mikhail Gorbachev, moral panic, mutually assured destruction, precautionary principle, RAND corporation, road to serfdom, Ronald Reagan, unbiased observer, WikiLeaks

To equate the source of a risk with its possible consequences is disingenuous. To conflate the perception of a risk with its reality is disabling. To then use that illogical reality of a risk as a basis for decision-making absent of human intervention is to deny genuine resilience and to wilfully mismanage risk. To invoke the precautionary principle as first response to uncertain, unknowable or marginal events is to invite the unintended consequence of the response proving worse than the original fear. Similarly, the pursuit of the ‘what-if’ or the ‘not if but when’ of risk, as exemplified by the 2004 US WMD Commission metaphors ‘the failure of imagination’ or ‘a failure to join the dots’, is a dangerous game.


pages: 566 words: 153,259

The Panic Virus: The True Story Behind the Vaccine-Autism Controversy by Seth Mnookin

Albert Einstein, autism spectrum disorder, British Empire, Cass Sunstein, cognitive dissonance, correlation does not imply causation, Daniel Kahneman / Amos Tversky, disinformation, Edward Jenner, en.wikipedia.org, illegal immigration, index card, Isaac Newton, John Gilmore, loss aversion, meta-analysis, mouse model, neurotypical, pattern recognition, placebo effect, precautionary principle, Richard Thaler, Saturday Night Live, selection bias, Stephen Hawking, Steven Pinker, the scientific method, Thomas Kuhn: the structure of scientific revolutions

That didn’t stop the American media from reacting much the same way their colleagues across the Atlantic had when Andrew Wakefield had published his assertions, as the emotional pull of stories featuring sick children and devoted parents outstripped anything as boring as hard data or the precautionary principle. In a matter of months, an ad hoc coalition of “Mercury Moms” transformed itself into a potent political force: Senators spoke at their rallies, public health officials tried to assuage their concerns, and federal agencies included them in discussions on how to spend tens of millions of dollars.


pages: 452 words: 135,790

Seeds of Hope: Wisdom and Wonder From the World of Plants by Jane Goodall

Alfred Russel Wallace, British Empire, clean water, Community Supported Agriculture, cotton gin, Easter island, European colonialism, founder crops, Google Earth, high-speed rail, illegal immigration, language of flowers, longitudinal study, Mahatma Gandhi, microcredit, Nelson Mandela, New Urbanism, oil shale / tar sands, phenotype, precautionary principle, transatlantic slave trade

Carter, “Transgenic Pollen Harms Monarch Larvae,” Nature 399 (May 20, 1999): 214. 4. “criticized for exposing the caterpillars” L. Jesse, C. H. Obrycki, and J. J. Obrycki, “Field Deposition of Bt Transgenic Corn Pollen: Lethal Effects on the Monarch Butterfly,” Oecologia 125 (2000): 241–48. Henk van den Belt, “Debating the Precautionary Principle: ‘Guilty until Proven Innocent’ or ‘Innocent until Proven Guilty’?” Plant Physiology 132 (July 2003): 1122–26. 5. “becoming increasingly resistant” Bruce E. Tabashnik, Thierry Brévault, and Yves Carrière, “Insect Resistance to Bt Crops: Lessons from the First Billion Acres,” Nature Biotechnology 31 (2013): 510–21. 6.


pages: 424 words: 140,262

Blood, Iron, and Gold: How the Railways Transformed the World by Christian Wolmar

banking crisis, Beeching cuts, book value, British Empire, Cape to Cairo, company town, high-speed rail, invention of the wheel, James Watt: steam engine, joint-stock company, Khartoum Gordon, Kickstarter, Mahatma Gandhi, precautionary principle, railway mania, refrigerator car, side project, South China Sea, Suez canal 1869, transcontinental railway, tulip mania, urban sprawl

The illustrious architect of New York’s Central Park, Frederick Law Olmsted, who travelled widely in the South before the Civil War complained that the southerners felt the Yankees’ need for a fresh clean bed, digestible food and trains that made their advertised connections at least half the time was illustrative of northerners’ weak-bellied nature. For his part, Olmsted was critical of the lax safety practices of the southern railroads and could not understand why basic precautionary principles were not followed, such as ensuring that lubricants were on hand when axles overheated, a common occurrence on early railroads. 7 He warned presciently that the inadequate railroads would be to the detriment of the South: ‘There is nothing that is more closely connected, both as cause and effect, with the prosperity and wealth of a country than its means and modes of traveling.’ 8 Food, in fact, was rarely wholesome anywhere on the railroads, North or South, mainly consisting of quickly prepared meals at lunch stops that caused passengers to complain of indigestion, but that may have been because they tended to bolt their food down in order to reclaim their seats, which generally were not reserved.


pages: 545 words: 137,789

How Markets Fail: The Logic of Economic Calamities by John Cassidy

Abraham Wald, Alan Greenspan, Albert Einstein, An Inconvenient Truth, Andrei Shleifer, anti-communist, AOL-Time Warner, asset allocation, asset-backed security, availability heuristic, bank run, banking crisis, Bear Stearns, behavioural economics, Benoit Mandelbrot, Berlin Wall, Bernie Madoff, Black Monday: stock market crash in 1987, Black-Scholes formula, Blythe Masters, book value, Bretton Woods, British Empire, business cycle, capital asset pricing model, carbon tax, Carl Icahn, centralized clearinghouse, collateralized debt obligation, Columbine, conceptual framework, Corn Laws, corporate raider, correlation coefficient, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, Daniel Kahneman / Amos Tversky, debt deflation, different worldview, diversification, Elliott wave, Eugene Fama: efficient market hypothesis, financial deregulation, financial engineering, financial innovation, Financial Instability Hypothesis, financial intermediation, full employment, Garrett Hardin, George Akerlof, Glass-Steagall Act, global supply chain, Gunnar Myrdal, Haight Ashbury, hiring and firing, Hyman Minsky, income per capita, incomplete markets, index fund, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), invisible hand, John Nash: game theory, John von Neumann, Joseph Schumpeter, junk bonds, Kenneth Arrow, Kickstarter, laissez-faire capitalism, Landlord’s Game, liquidity trap, London Interbank Offered Rate, Long Term Capital Management, Louis Bachelier, low interest rates, mandelbrot fractal, margin call, market bubble, market clearing, mental accounting, Mikhail Gorbachev, military-industrial complex, Minsky moment, money market fund, Mont Pelerin Society, moral hazard, mortgage debt, Myron Scholes, Naomi Klein, negative equity, Network effects, Nick Leeson, Nixon triggered the end of the Bretton Woods system, Northern Rock, paradox of thrift, Pareto efficiency, Paul Samuelson, Phillips curve, Ponzi scheme, precautionary principle, price discrimination, price stability, principal–agent problem, profit maximization, proprietary trading, quantitative trading / quantitative finance, race to the bottom, Ralph Nader, RAND corporation, random walk, Renaissance Technologies, rent control, Richard Thaler, risk tolerance, risk-adjusted returns, road to serfdom, Robert Shiller, Robert Solow, Ronald Coase, Ronald Reagan, Savings and loan crisis, shareholder value, short selling, Silicon Valley, South Sea Bubble, sovereign wealth fund, statistical model, subprime mortgage crisis, tail risk, Tax Reform Act of 1986, technology bubble, The Chicago School, The Great Moderation, The Market for Lemons, The Wealth of Nations by Adam Smith, too big to fail, Tragedy of the Commons, transaction costs, Two Sigma, unorthodox policies, value at risk, Vanguard fund, Vilfredo Pareto, wealth creators, zero-sum game

In those parts of the economy devoted to the production of consumer goods and the provision of personal services—babysitting, beauty treatments, that sort of thing—private enterprise does a highly effective job of providing what people want to buy. Generally speaking, where brand names and reputations are important, they can serve to mitigate some of the problems caused by hidden information. So can product warranties and money-back guarantees. In areas such as these, the precautionary principle and the experience of the planned economies would suggest leaving well enough alone. In many areas of the economy, however, the hidden information problem is acute. Pharmaceuticals, finance, and health care provide three important examples. Friedman, as I mention earlier, advocated doing away with the FDA and relying on the drug companies to police themselves.


pages: 303 words: 67,891

Advances in Artificial General Intelligence: Concepts, Architectures and Algorithms: Proceedings of the Agi Workshop 2006 by Ben Goertzel, Pei Wang

AI winter, artificial general intelligence, backpropagation, bioinformatics, brain emulation, classic study, combinatorial explosion, complexity theory, computer vision, Computing Machinery and Intelligence, conceptual framework, correlation coefficient, epigenetics, friendly AI, functional programming, G4S, higher-order functions, information retrieval, Isaac Newton, Jeff Hawkins, John Conway, Loebner Prize, Menlo Park, natural language processing, Nick Bostrom, Occam's razor, p-value, pattern recognition, performance metric, precautionary principle, Ray Kurzweil, Rodney Brooks, semantic web, statistical model, strong AI, theory of mind, traveling salesman, Turing machine, Turing test, Von Neumann architecture, Y2K

Loosemore / Complex Systems, Artificial Intelligence and Theoretical Psychology 161 would not be surprising if there exist no analytic solutions whatsoever that describe the behavior of almost all of the systems in that space. The implication of this intuition is that if a system has components that interact in such a nonlinear, tangled way that we have doubts about whether any analytic understanding of its behavior will ever be possible, we should at least adopt the precautionary principle that there might not be any analytic explanation of the system. We should be especially careful when we observe regularities in the global behavior of such systems: those regularities should not be taken as a clue that a formal, analytic explanation is lurking beneath the surface. The term “complex system” is used to describe precisely those cases where the global behavior of the system shows interesting regularities, and is not completely random, but where the nature of the interactions between the components is such that we would normally expect the consequences of those interactions to be beyond the reach of analytic solutions.


Apocalypse Never: Why Environmental Alarmism Hurts Us All by Michael Shellenberger

"World Economic Forum" Davos, Albert Einstein, An Inconvenient Truth, Anthropocene, Asperger Syndrome, Bernie Sanders, Bob Geldof, Boeing 747, carbon footprint, carbon tax, Cesare Marchetti: Marchetti’s constant, clean tech, clean water, climate anxiety, Corn Laws, coronavirus, corporate social responsibility, correlation does not imply causation, cuban missile crisis, decarbonisation, deindustrialization, disinformation, Dissolution of the Soviet Union, Donald Trump, Dr. Strangelove, Elon Musk, energy transition, Extinction Rebellion, failed state, Garrett Hardin, Gary Taubes, gentleman farmer, global value chain, Google Earth, green new deal, Greta Thunberg, hydraulic fracturing, index fund, Indoor air pollution, indoor plumbing, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, land tenure, Live Aid, LNG terminal, long peace, manufacturing employment, mass immigration, meta-analysis, Michael Shellenberger, microplastics / micro fibres, Murray Bookchin, ocean acidification, off grid, oil shale / tar sands, Potemkin village, precautionary principle, purchasing power parity, Ralph Nader, renewable energy transition, Rupert Read, School Strike for Climate, Solyndra, Stephen Fry, Steven Pinker, supervolcano, Ted Nordhaus, TED Talk, The Wealth of Nations by Adam Smith, Thomas Malthus, too big to fail, trade route, Tragedy of the Commons, union organizing, WikiLeaks, Y2K

Ketchum, “Lessons of Chernobyl: SNM Members Try to Decontaminate World Threatened by Fallout,” Journal of Nuclear Medicine 28, no. 6 (1987): 933–942, http://jnm.snmjournals.org/content/28/6/933.citation. 109. Bromet, “Mental health consequences of the Chernobyl disaster.” 110. Matthew J. Neidell, Shinsuke Uchida, and Marcella Veronesi, “Be Cautious with the Precautionary Principle: Evidence from Fukushima Daiichi Nuclear Accident” Working Paper 26395, National Bureau of Economic Research (NBER), Cambridge, MA, October 2019, https://doi.org/10.3386/w26395. 111. “Stress-Induced Deaths in Fukushima Top Those from 2011 Natural Disasters,” The Mainichi, September 9, 2013, Internet Archive, https://web.archive.org/web/20130913092840/http://mainichi.jp/english/english/newsselect/news/20130909p2a00m0na009000c.html.


pages: 488 words: 148,340

Aurora by Kim Stanley Robinson

Apollo 13, back-to-the-land, cognitive bias, cognitive dissonance, dark matter, epigenetics, gravity well, Jevons paradox, Kim Stanley Robinson, mandelbrot fractal, microbiome, orbital mechanics / astrodynamics, precautionary principle, printed gun, quantum entanglement, traveling salesman, Turing test

So as he joined all the scouting expeditions he could, Euan pushed harder and harder for official permission to take off his helmet. “It’s going to happen sooner or later,” he said. “Why not now? What’s keeping us from it? What are we afraid of?” Of undetected toxins, of course. This was what he was told, and to Freya the caution was obvious and justified. Poisonous chemical combinations, unseen life-forms: the precautionary principle had to guide them. The Hvalsey council insisted on it, and also referred the question to the ship’s executive council, who said the same thing. Euan and others of his opinion pointed out that their atmospheric and soil and rock studies had now gone right down to the nanometer level, and found nothing but the same volatiles they had detected from space, plus dust and fines as expected.


pages: 497 words: 144,283

Connectography: Mapping the Future of Global Civilization by Parag Khanna

"World Economic Forum" Davos, 1919 Motor Transport Corps convoy, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 9 dash line, additive manufacturing, Admiral Zheng, affirmative action, agricultural Revolution, Airbnb, Albert Einstein, amateurs talk tactics, professionals talk logistics, Amazon Mechanical Turk, Anthropocene, Asian financial crisis, asset allocation, autonomous vehicles, banking crisis, Basel III, Berlin Wall, bitcoin, Black Swan, blockchain, borderless world, Boycotts of Israel, Branko Milanovic, BRICs, British Empire, business intelligence, call centre, capital controls, Carl Icahn, charter city, circular economy, clean water, cloud computing, collateralized debt obligation, commoditize, complexity theory, continuation of politics by other means, corporate governance, corporate social responsibility, credit crunch, crony capitalism, crowdsourcing, cryptocurrency, cuban missile crisis, data is the new oil, David Ricardo: comparative advantage, deglobalization, deindustrialization, dematerialisation, Deng Xiaoping, Detroit bankruptcy, digital capitalism, digital divide, digital map, disruptive innovation, diversification, Doha Development Round, driverless car, Easter island, edge city, Edward Snowden, Elon Musk, energy security, Ethereum, ethereum blockchain, European colonialism, eurozone crisis, export processing zone, failed state, Fairphone, Fall of the Berlin Wall, family office, Ferguson, Missouri, financial innovation, financial repression, fixed income, forward guidance, gentrification, geopolitical risk, global supply chain, global value chain, global village, Google Earth, Great Leap Forward, Hernando de Soto, high net worth, high-speed rail, Hyperloop, ice-free Arctic, if you build it, they will come, illegal immigration, income inequality, income per capita, industrial cluster, industrial robot, informal economy, Infrastructure as a Service, interest rate swap, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Isaac Newton, Jane Jacobs, Jaron Lanier, John von Neumann, Julian Assange, Just-in-time delivery, Kevin Kelly, Khyber Pass, Kibera, Kickstarter, LNG terminal, low cost airline, low earth orbit, low interest rates, manufacturing employment, mass affluent, mass immigration, megacity, Mercator projection, Metcalfe’s law, microcredit, middle-income trap, mittelstand, Monroe Doctrine, Multics, mutually assured destruction, Neal Stephenson, New Economic Geography, new economy, New Urbanism, off grid, offshore financial centre, oil rush, oil shale / tar sands, oil shock, openstreetmap, out of africa, Panamax, Parag Khanna, Peace of Westphalia, peak oil, Pearl River Delta, Peter Thiel, Philip Mirowski, Planet Labs, plutocrats, post-oil, post-Panamax, precautionary principle, private military company, purchasing power parity, quantum entanglement, Quicken Loans, QWERTY keyboard, race to the bottom, Rana Plaza, rent-seeking, reserve currency, Robert Gordon, Robert Shiller, Robert Solow, rolling blackouts, Ronald Coase, Scramble for Africa, Second Machine Age, sharing economy, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, six sigma, Skype, smart cities, Smart Cities: Big Data, Civic Hackers, and the Quest for a New Utopia, South China Sea, South Sea Bubble, sovereign wealth fund, special economic zone, spice trade, Stuxnet, supply-chain management, sustainable-tourism, systems thinking, TaskRabbit, tech worker, TED Talk, telepresence, the built environment, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, Tim Cook: Apple, trade route, Tragedy of the Commons, transaction costs, Tyler Cowen, UNCLOS, uranium enrichment, urban planning, urban sprawl, vertical integration, WikiLeaks, Yochai Benkler, young professional, zero day

By contrast, in 2003 the SARS virus spread to twenty-four countries but then disappeared. In 2014, Ebola spread from West Africa to Europe and America along ever more frequent airline routes but was quickly contained. The effective use of friction such as medical checks, quarantines, and surging treatment to the source of outbreak helped limit the damage. Similarly, the precautionary principle dictates that we implement macro-prudential safeguards in high-risk areas of the world economy: separating commercial and investment banking, restricting the re-securitization of collateralized debt obligations and swaps, requiring banks to invest their own capital with client trades, and so forth.


The Greatest Show on Earth: The Evidence for Evolution by Richard Dawkins

Alfred Russel Wallace, Andrew Wiles, Arthur Eddington, back-to-the-land, Claude Shannon: information theory, correlation does not imply causation, Craig Reynolds: boids flock, Danny Hillis, David Attenborough, discovery of DNA, Dmitri Mendeleev, domesticated silver fox, double helix, en.wikipedia.org, epigenetics, experimental subject, Gregor Mendel, heat death of the universe, if you see hoof prints, think horses—not zebras, invisible hand, Large Hadron Collider, Louis Pasteur, out of africa, phenotype, precautionary principle, Thomas Malthus

Such debauchery of science in the name of pretentious ‘art’ offends all my sensibilities. But could the damage go further? Could these frivolous caprices undermine the validity of future studies of evolutionary relationships? Actually I doubt it, but perhaps the point is at least worth raising, in a precautionary spirit. The whole point of the precautionary principle, after all, is to avoid future repercussions of choices and actions that may not be obviously dangerous now. CRUSTACEANS I began the chapter with the vertebrate skeleton, which is a lovely example of an invariant pattern linking variable detail. Almost any other major group of animals would show the same kind of thing.


pages: 665 words: 146,542

Money: 5,000 Years of Debt and Power by Michel Aglietta

accelerated depreciation, Alan Greenspan, bank run, banking crisis, Basel III, Berlin Wall, bitcoin, blockchain, Bretton Woods, British Empire, business cycle, capital asset pricing model, capital controls, cashless society, central bank independence, circular economy, collapse of Lehman Brothers, collective bargaining, corporate governance, David Graeber, debt deflation, dematerialisation, Deng Xiaoping, double entry bookkeeping, energy transition, eurozone crisis, Fall of the Berlin Wall, falling living standards, financial deregulation, financial innovation, Financial Instability Hypothesis, financial intermediation, floating exchange rates, forward guidance, Francis Fukuyama: the end of history, full employment, German hyperinflation, income inequality, inflation targeting, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), invention of writing, invisible hand, joint-stock company, Kenneth Arrow, Kickstarter, land bank, liquidity trap, low interest rates, margin call, means of production, Money creation, money market fund, moral hazard, Nash equilibrium, Network effects, Northern Rock, oil shock, planetary scale, plutocrats, precautionary principle, price stability, purchasing power parity, quantitative easing, race to the bottom, reserve currency, secular stagnation, seigniorage, shareholder value, special drawing rights, special economic zone, stochastic process, Suez crisis 1956, the payments system, the scientific method, tontine, too big to fail, trade route, transaction costs, transcontinental railway, Washington Consensus

Nonetheless, the problems they pose for sustainable development policies are very different. Climate change is a global, measurable phenomenon. Even so, the accumulated body of scientific research shows that the composition of the atmosphere can be linked to rising temperatures, and the damage that results can be analysed, even if it cannot be quantified in precise terms. A precautionary principle could allow for an agreement on the limit to acceptable temperature rises. Policies can be defined on the basis of a valorisation of carbon; investments can be deployed in order to counter the rise in greenhouse gas emissions, and financial instruments can be put to work as part of the recognised tools of economic policy.


pages: 772 words: 150,109

As Gods: A Moral History of the Genetic Age by Matthew Cobb

"World Economic Forum" Davos, Apollo 11, Asilomar, bioinformatics, Black Lives Matter, Build a better mousetrap, clean water, coronavirus, COVID-19, CRISPR, cryptocurrency, cuban missile crisis, double helix, Dr. Strangelove, Drosophila, Electric Kool-Aid Acid Test, Fellow of the Royal Society, Food sovereignty, global pandemic, Gordon Gekko, greed is good, Higgs boson, lab leak, mega-rich, military-industrial complex, Nelson Mandela, offshore financial centre, out of africa, planetary scale, precautionary principle, profit motive, Project Plowshare, QR code, Ralph Waldo Emerson, Recombinant DNA, Richard Feynman, Ronald Reagan, Scientific racism, Silicon Valley, Skype, stem cell, Steve Jobs, Steve Wozniak, Steven Pinker, Stewart Brand, synthetic biology, tacit knowledge, Thomas Kuhn: the structure of scientific revolutions, Wayback Machine, We are as Gods, Whole Earth Catalog

There is no evidence that this has any ill effect on the animals, nor on the humans who eat the animals or their products.38 The framework adopted by the European Union to govern its regulation of GMOs is the Cartagena Protocol on Biosafety, part of the UN Declaration on Biodiversity. Signed by over 170 countries – but not the United States – the key aspect of this protocol is the precautionary principle: ‘Where there is a threat of significant reduction or loss of biological diversity, lack of full scientific certainty should not be used as a reason for postponing measures to avoid or minimise such a threat.’ Unfortunately, this avoids the question of how to estimate whether a particular organism is indeed a threat, or even what ‘threat’ means.39 Global suspicion of GM crops was soon strengthened by the discovery that stuff happens – GM products may turn up where they are not supposed to be.


pages: 614 words: 176,458

Meat: A Benign Extravagance by Simon Fairlie

agricultural Revolution, air gap, Albert Einstein, back-to-the-land, Boris Johnson, call centre, carbon credits, carbon footprint, Community Supported Agriculture, deindustrialization, en.wikipedia.org, food miles, Food sovereignty, Garrett Hardin, gentleman farmer, Haber-Bosch Process, household responsibility system, Hugh Fearnley-Whittingstall, informal economy, Intergovernmental Panel on Climate Change (IPCC), Just-in-time delivery, land reform, Mahatma Gandhi, Martin Wolf, megacity, military-industrial complex, Northern Rock, Panamax, peak oil, precautionary principle, refrigerator car, rewilding, scientific mainstream, sexual politics, stem cell, The Wealth of Nations by Adam Smith, trade liberalization, Tragedy of the Commons, University of East Anglia, upwardly mobile, women in the workforce, zero-sum game

I am not a climate sceptic, but that is not to say that I am convinced that 90 per cent of scientists must be right (any more than I believe that we live in an expanding universe born out of a big bang just because 90 per cent of physicists think so). I accept the global warming discourse, because of Pascal’s Wager, otherwise known as the precautionary principle; and because I believe it is an appropriate ideology (or religion if you prefer) for humanity at a time when we are clearly placing too much pressure on the environment through excessive population and consumption.2 In this chapter and the next I therefore take the climate change scenario, as modelled by the International Panel on Climate Change (IPCC), as a premise.


pages: 573 words: 163,302

Year's Best SF 15 by David G. Hartwell; Kathryn Cramer

air freight, Black Swan, disruptive innovation, experimental subject, Future Shock, Georg Cantor, gravity well, job automation, Kuiper Belt, phenotype, precautionary principle, quantum entanglement, semantic web

I barged through patches of gorse; the sharp spines tickled my exo-skin, but did not harm it. With my botanist’s eye, I noted all the inhabitants of the little cliff-edge habitat. Bracken and clover and thistles and horsetail—the names rattled through my head, an incantation of farewell. The starship’s seedbanks included many species, on the precautionary principle. But initially we’d concentrate on growing food crops, aiming to breed strains that would flourish on the colony world. The other plants…this might be the last time I’d ever see them. It was once said that the prospect of being hanged in the morning concentrated a man’s mind wonderfully.


pages: 407

Disrupt and Deny: Spies, Special Forces, and the Secret Pursuit of British Foreign Policy by Rory Cormac

anti-communist, Berlin Wall, British Empire, colonial rule, currency manipulation / currency intervention, disinformation, drone strike, dual-use technology, Edward Snowden, Etonian, fake news, false flag, illegal immigration, land reform, Malacca Straits, Mikhail Gorbachev, operational security, precautionary principle, private military company, Ronald Reagan, Seymour Hersh, Stuxnet, Suez crisis 1956, trade route, union organizing, WikiLeaks, Yom Kippur War

Beesley, Cabinet Secretaries, p.668. Campbell, The Blair Years, 20/9/01, p.572. Campbell, Power and Responsibility, 5/6/99, 26/7/99, and 14/9/99, pp.42, 91, 109–11; Campbell, The Blair Years, 14/11/01, p.587. Beesley, Cabinet Secretaries, p.674. Seldon and Meakin, The Cabinet Office, pp.257, 291. See Coker’s precautionary principle in Coker, War in an Age of Risk, pp.99–100. For a full discussion see Cormac, ‘Disruption and Deniable Interventionism’. West, Secret Service, p.247. Intelligence and Security Committee, ‘The Handling of Detainees by UK Intelligence Personnel in Afghanistan, Guantanamo Bay and Iraq’, 2005, para.35.


pages: 778 words: 239,744

Gnomon by Nick Harkaway

"Margaret Hamilton" Apollo, Albert Einstein, back-to-the-land, banking crisis, behavioural economics, Burning Man, choice architecture, clean water, cognitive dissonance, false flag, fault tolerance, fear of failure, Future Shock, gravity well, Great Leap Forward, high net worth, impulse control, Isaac Newton, Khartoum Gordon, lifelogging, neurotypical, off-the-grid, pattern recognition, place-making, post-industrial society, Potemkin village, precautionary principle, Richard Feynman, Scramble for Africa, self-driving car, side project, Silicon Valley, skeuomorphism, skunkworks, the market place, trade route, Tragedy of the Commons, urban planning, urban sprawl

It was a minimum-priority interview until Hunter died, a low-to-no-likelihood examination based on a direct tip-off using the precise form of words given in the Security Evidence Act, and some ancillary factors to score a level of certainty just barely topping the margin of error. There are twenty or thirty such each month: full investigations carried out on the precautionary principle, no more troubling to the subjects than a visit to the dentist, and certainly resulting in no criminal cases. Statistically, those emerging from these exams are happier, more organised and more productive. It’s partly a direct consequence, the neuromedical aftercare being somewhat like a tune-up, but mostly it is a psychological blip.


pages: 1,034 words: 241,773

Enlightenment Now: The Case for Reason, Science, Humanism, and Progress by Steven Pinker

3D printing, Abraham Maslow, access to a mobile phone, affirmative action, Affordable Care Act / Obamacare, agricultural Revolution, Albert Einstein, Alfred Russel Wallace, Alignment Problem, An Inconvenient Truth, anti-communist, Anton Chekhov, Arthur Eddington, artificial general intelligence, availability heuristic, Ayatollah Khomeini, basic income, Berlin Wall, Bernie Sanders, biodiversity loss, Black Swan, Bonfire of the Vanities, Brexit referendum, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Charlie Hebdo massacre, classic study, clean water, clockwork universe, cognitive bias, cognitive dissonance, Columbine, conceptual framework, confounding variable, correlation does not imply causation, creative destruction, CRISPR, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, dark matter, data science, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic transition, Deng Xiaoping, distributed generation, diversified portfolio, Donald Trump, Doomsday Clock, double helix, Eddington experiment, Edward Jenner, effective altruism, Elon Musk, en.wikipedia.org, end world poverty, endogenous growth, energy transition, European colonialism, experimental subject, Exxon Valdez, facts on the ground, fake news, Fall of the Berlin Wall, first-past-the-post, Flynn Effect, food miles, Francis Fukuyama: the end of history, frictionless, frictionless market, Garrett Hardin, germ theory of disease, Gini coefficient, Great Leap Forward, Hacker Conference 1984, Hans Rosling, hedonic treadmill, helicopter parent, Herbert Marcuse, Herman Kahn, Hobbesian trap, humanitarian revolution, Ignaz Semmelweis: hand washing, income inequality, income per capita, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), invention of writing, Jaron Lanier, Joan Didion, job automation, Johannes Kepler, John Snow's cholera map, Kevin Kelly, Khan Academy, knowledge economy, l'esprit de l'escalier, Laplace demon, launch on warning, life extension, long peace, longitudinal study, Louis Pasteur, Mahbub ul Haq, Martin Wolf, mass incarceration, meta-analysis, Michael Shellenberger, microaggression, Mikhail Gorbachev, minimum wage unemployment, moral hazard, mutually assured destruction, Naomi Klein, Nate Silver, Nathan Meyer Rothschild: antibiotics, negative emissions, Nelson Mandela, New Journalism, Norman Mailer, nuclear taboo, nuclear winter, obamacare, ocean acidification, Oklahoma City bombing, open economy, opioid epidemic / opioid crisis, paperclip maximiser, Paris climate accords, Paul Graham, peak oil, Peter Singer: altruism, Peter Thiel, post-truth, power law, precautionary principle, precision agriculture, prediction markets, public intellectual, purchasing power parity, radical life extension, Ralph Nader, randomized controlled trial, Ray Kurzweil, rent control, Republic of Letters, Richard Feynman, road to serfdom, Robert Gordon, Rodney Brooks, rolodex, Ronald Reagan, Rory Sutherland, Saturday Night Live, science of happiness, Scientific racism, Second Machine Age, secular stagnation, self-driving car, sharing economy, Silicon Valley, Silicon Valley ideology, Simon Kuznets, Skype, smart grid, Social Justice Warrior, sovereign wealth fund, sparse data, stem cell, Stephen Hawking, Steve Bannon, Steven Pinker, Stewart Brand, Stuxnet, supervolcano, synthetic biology, tech billionaire, technological determinism, technological singularity, Ted Kaczynski, Ted Nordhaus, TED Talk, The Rise and Fall of American Growth, the scientific method, The Signal and the Noise by Nate Silver, The Spirit Level, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, total factor productivity, Tragedy of the Commons, union organizing, universal basic income, University of East Anglia, Unsafe at Any Speed, Upton Sinclair, uranium enrichment, urban renewal, W. E. B. Du Bois, War on Poverty, We wanted flying cars, instead we got 140 characters, women in the workforce, working poor, World Values Survey, Y2K

An electronic bidet with a heated seat is nice, but it’s not like going from an outhouse to a flush toilet. Another explanation is cultural: America has lost its mojo.12 Workers in depressed regions no longer pick up and move to vibrant ones but collect disability insurance and drop out of the labor force. A precautionary principle prevents anyone from trying anything for the first time. Capitalism has lost its capitalists: too much investment is tied up in “gray capital,” controlled by institutional managers who seek safe returns for retirees. Ambitious young people want to be artists and professionals, not entrepreneurs.


pages: 903 words: 235,753

The Stack: On Software and Sovereignty by Benjamin H. Bratton

1960s counterculture, 3D printing, 4chan, Ada Lovelace, Adam Curtis, additive manufacturing, airport security, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, algorithmic trading, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, Andy Rubin, Anthropocene, augmented reality, autonomous vehicles, basic income, Benevolent Dictator For Life (BDFL), Berlin Wall, bioinformatics, Biosphere 2, bitcoin, blockchain, Buckminster Fuller, Burning Man, call centre, capitalist realism, carbon credits, carbon footprint, carbon tax, carbon-based life, Cass Sunstein, Celebration, Florida, Charles Babbage, charter city, clean water, cloud computing, company town, congestion pricing, connected car, Conway's law, corporate governance, crowdsourcing, cryptocurrency, dark matter, David Graeber, deglobalization, dematerialisation, digital capitalism, digital divide, disintermediation, distributed generation, don't be evil, Douglas Engelbart, Douglas Engelbart, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, Eratosthenes, Ethereum, ethereum blockchain, Evgeny Morozov, facts on the ground, Flash crash, Frank Gehry, Frederick Winslow Taylor, fulfillment center, functional programming, future of work, Georg Cantor, gig economy, global supply chain, Google Earth, Google Glasses, Guggenheim Bilbao, High speed trading, high-speed rail, Hyperloop, Ian Bogost, illegal immigration, industrial robot, information retrieval, Intergovernmental Panel on Climate Change (IPCC), intermodal, Internet of things, invisible hand, Jacob Appelbaum, James Bridle, Jaron Lanier, Joan Didion, John Markoff, John Perry Barlow, Joi Ito, Jony Ive, Julian Assange, Khan Academy, Kim Stanley Robinson, Kiva Systems, Laura Poitras, liberal capitalism, lifelogging, linked data, lolcat, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, Masdar, McMansion, means of production, megacity, megaproject, megastructure, Menlo Park, Minecraft, MITM: man-in-the-middle, Monroe Doctrine, Neal Stephenson, Network effects, new economy, Nick Bostrom, ocean acidification, off-the-grid, offshore financial centre, oil shale / tar sands, Oklahoma City bombing, OSI model, packet switching, PageRank, pattern recognition, peak oil, peer-to-peer, performance metric, personalized medicine, Peter Eisenman, Peter Thiel, phenotype, Philip Mirowski, Pierre-Simon Laplace, place-making, planetary scale, pneumatic tube, post-Fordism, precautionary principle, RAND corporation, recommendation engine, reserve currency, rewilding, RFID, Robert Bork, Sand Hill Road, scientific management, self-driving car, semantic web, sharing economy, Silicon Valley, Silicon Valley ideology, skeuomorphism, Slavoj Žižek, smart cities, smart grid, smart meter, Snow Crash, social graph, software studies, South China Sea, sovereign wealth fund, special economic zone, spectrum auction, Startup school, statistical arbitrage, Steve Jobs, Steven Levy, Stewart Brand, Stuxnet, Superbowl ad, supply-chain management, supply-chain management software, synthetic biology, TaskRabbit, technological determinism, TED Talk, the built environment, The Chicago School, the long tail, the scientific method, Torches of Freedom, transaction costs, Turing complete, Turing machine, Turing test, undersea cable, universal basic income, urban planning, Vernor Vinge, vertical integration, warehouse automation, warehouse robotics, Washington Consensus, web application, Westphalian system, WikiLeaks, working poor, Y Combinator, yottabyte

Latour's unfortunate and broadly dismissive remarks on geoengineering: Bruno Latour, keynote speech (CAST Symposium: Seeing/Sounding/Sensing, MIT Media Lab, Cambridge, September 26, 2014), https://www.youtube.com/watch?v=R7hAP4wG71s. 17.  The case for geoengineering is made by David Keith, A Case for Climate Engineering (Cambridge, MA: MIT Press, 2013). Nick Srncicek's review of Keith's book is at http://review31.co.uk/article/view/196/prometheanism-and-the-precautionary-principle. On the importance of preemptive international agreements governing if, when, and how geoengineering may be initiated, see David G. Victor, Global Warming Gridlock: Creating More Effective Strategies for Protecting the Planet (Cambridge: Cambridge University Press, 2011). 18.  Speaking of platforms, fossil-fuel-based economies are themselves subordinated by platform lock-in, in this case, for the extraction and transmutation of particular molecules. 19. 


The End of the Cold War: 1985-1991 by Robert Service

Able Archer 83, active measures, Ayatollah Khomeini, Berlin Wall, cuban missile crisis, Deng Xiaoping, disinformation, Dr. Strangelove, Fall of the Berlin Wall, Great Leap Forward, Kickstarter, Korean Air Lines Flight 007, Mikhail Gorbachev, military-industrial complex, mutually assured destruction, Neil Kinnock, Norman Mailer, nuclear winter, precautionary principle, RAND corporation, Ronald Reagan, Ronald Reagan: Tear down this wall, Silicon Valley, Strategic Defense Initiative, The Chicago School, Vladimir Vetrov: Farewell Dossier

No military topic received quite as much attention. But the contents always proved to be weak on analysis.32 Shevardnadze spoke for the whole Politburo when he said: ‘People haven’t been able to make complete sense of what the Strategic Defense Initiative really is.’33 Gorbachëv operated on the precautionary principle. If the Americans were building a new anti-missile system, the USSR would work to acquire the capacity to counteract it. While denouncing the warlike purposes behind Reagan’s Initiative, Gorbachëv was secretly funding research for the construction of a rival system. Velikhov’s dismissive book about the American project disguised the fact that he and other Soviet scientists and technologists were involved in efforts to match the US.


EuroTragedy: A Drama in Nine Acts by Ashoka Mody

Alan Greenspan, Andrei Shleifer, asset-backed security, availability heuristic, bank run, banking crisis, Basel III, Bear Stearns, Berlin Wall, book scanning, book value, Bretton Woods, Brexit referendum, call centre, capital controls, Carmen Reinhart, Celtic Tiger, central bank independence, centre right, credit crunch, currency risk, Daniel Kahneman / Amos Tversky, debt deflation, Donald Trump, eurozone crisis, Fall of the Berlin Wall, fear index, financial intermediation, floating exchange rates, forward guidance, George Akerlof, German hyperinflation, global macro, global supply chain, global value chain, hiring and firing, Home mortgage interest deduction, income inequality, inflation targeting, Irish property bubble, Isaac Newton, job automation, Johann Wolfgang von Goethe, Johannes Kepler, Kenneth Rogoff, Kickstarter, land bank, liberal capitalism, light touch regulation, liquidity trap, loadsamoney, London Interbank Offered Rate, Long Term Capital Management, low interest rates, low-wage service sector, Mikhail Gorbachev, mittelstand, money market fund, moral hazard, mortgage tax deduction, neoliberal agenda, offshore financial centre, oil shock, open borders, pension reform, precautionary principle, premature optimization, price stability, public intellectual, purchasing power parity, quantitative easing, rent-seeking, Republic of Letters, Robert Gordon, Robert Shiller, Robert Solow, short selling, Silicon Valley, subprime mortgage crisis, The Great Moderation, The Rise and Fall of American Growth, too big to fail, total factor productivity, trade liberalization, transaction costs, urban renewal, working-age population, Yogi Berra

As the economy weakened, the government’s revenue inflow would diminish, and 240   e u r o t r a g e d y borrowers from Greek banks would have greater difficulty repaying their debts. Rating agencies would downgrade the Greek government, which would push interest rates further up, adding to government, banking, and economy-​wide stress. It was time for Merkel and other European leaders to apply the precautionary principle. Just as the US authorities had responded preemptively after the tech bubble had burst in 2000 and then even more aggressively when the financial crisis had threatened to spin out of control between mid-​2007 and early-​2009, European leaders now needed to create a financial safety net for Greece.


pages: 1,199 words: 332,563

Golden Holocaust: Origins of the Cigarette Catastrophe and the Case for Abolition by Robert N. Proctor

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", bioinformatics, carbon footprint, clean water, corporate social responsibility, Deng Xiaoping, desegregation, disinformation, Dr. Strangelove, facts on the ground, friendly fire, germ theory of disease, global pandemic, index card, Indoor air pollution, information retrieval, invention of gunpowder, John Snow's cholera map, language of flowers, life extension, New Journalism, optical character recognition, pink-collar, Ponzi scheme, Potemkin village, precautionary principle, publication bias, Ralph Nader, Ronald Reagan, selection bias, speech recognition, stem cell, telemarketer, Thomas Kuhn: the structure of scientific revolutions, Triangle Shirtwaist Factory, Upton Sinclair, vertical integration, Yogi Berra

That was the approach in 1967, when Australian manufacturers asked about using two different flavorants for which BAT had recommended an upper safety limit. The question was whether one should worry about synergistic effects, and Sydney J. Green’s response at BAT was basically: in the absence of other information, assume no interactions.39 I’m not sure what name to give to this violation of “the precautionary principle” (reckless endangerment?), but in the cigarette world it seems to have been business as usual. Some additives have been banned by national legislative bodies. Diethylene glycol is prohibited in cigarettes sold in Australia, for example, and coumarin has been banned in Germany. Maleic hydrazide was banned in Rhodesia in the 1960s, as already noted.