"Thanks for the effort, Samiran! As Sarah notes above, both the nominees and the "winners" seem to come from a rather small subset of EVOKE: given the relatively small numbers involved, probably the voters, too, come from the same subset. I…"
"I think that the solution isn't to eliminate debt but to eliminate interest. If you make loaning money a non-profit expenditure you make it so people are forced to save. On the other hand people that do loan money on interest will make crazy…"
I run a blog about public policy. I wrote a preliminary a****sment of the EVOKE experience - interesting and in my opinion generally positive, despite the dissatisfaction of some high profile agents over what they perceive as censorship. Anyone interested: http://bit.ly/aI29CkSee More
"I hero-worship Nassim Taleb. Malcolm Gladwell is also worth a mention - he wrote the Tipping Point and outlined everything you need to create a social epidemic. And this is the thing - it's the culture and thinking that make things happen.…"
"@Patricio - Don't speculate. Experiment. Or speculate, then experiment. Figure out a way to test the system out and see if it works. I fear that such a system would entrench wealth disparities, but if data showed me wrong - okay. (My reasoning…"
"@Mark- I see where you are coming from. I can totally agree with you in "History teaches us that we are eternally overconfident."
Talking about re-inventing money and banks- What could happen in a system with NO interest rates and NO debt…"
"I profoundly disagree with Mr. Taleb´s "People who use history as a guide do not understand history." The Austrian School of economics and the Austrian Business Cycle Theory predicted the Great Depression and with those same tools it…"
I run a blog about public policy. I wrote a preliminary a****sment of the EVOKE experience - interesting and in my opinion generally positive, despite the dissatisfaction of some high profile agents over what they perceive as censorship. Anyone interested:
April 2020. In a move that credibly signals a will to push for reform, the European Central Bank starts to reinvent itself. Two brilliant, unorthodox scientists are charged with leading it through the reform process: epistemologist/statistician Nassim Taleb (nicknamed The Black Swan, after his best seller book) and economist… Continue
I decided to join the EVOKE team (15 members, me included, as of today) on the microlending site Kiva. After some search on the website I allocated a microloan of $50 to Ms. Mame Diarra Samb from Diamaguène Thies, Senegal. She sells works of art at the local market, and will use her loan to purchase more works so she can bolster sales. …
Hi Alberto, glad to meet you here. I know Kublai and I know who you are. I'm following you on twitter, via one of my accounts (it's "wh***mergence", the one I use for rss; please don't be offended if it is not the personal one - "mapofemergence" - ; it's just because of efficiency).
I'm glad for your proposal and I'll consider it seriously. I will just take some time, as I don't like to answer superficially. Also, I'll follow your EVOKE blog in the next days when, hopefully, I'll be a bit lesser busy than now. Thank you for taking some time to read my blog and giving feedback, I seriously appreciate that.