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Tag Archives: optimization
As a general rule, there are two paths to collapse: gradual erosion and sudden crash. The two are intertwined, of course; in most cases, the system slowly loses vigor, resources, efficiency, etc. (erosion) which leaves it so weakened that a crisis … Continue reading
When everything’s going great, nobody questions the nation’s core institutions:they must be doing a great job because everything’s going great. The temptation to extend positive expansion to the moon is ever-present. Take Japan’s “boost phase” of credit, banking and corporate … Continue reading
An insightful correspondent recently remarked on the striking transition of American neighborhoods from commercial districts dominated by locally owned businesses to streets lined with look-alike outlets of Corporate America. This transition is so obvious that few even comment on it, … Continue reading
Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and parasites. The problem with optimizing a system for … Continue reading