Tag Archives: Diamond

Nervous States: Counterpoint

This is the second of three posts discussing William Davies’ book Nervous States–Democracy and the Decline of Reason. I pick a couple of areas to argue with some of the scenarios Davies presents.

Markets and Evolution

Davies discusses Hayek as the guy who believes in free markets above all else, and who has helped us reach this point of not agreeing on reality.  When I read Hayek (The Road to Serfdom), he said to me that free markets with the right stable rules in place are the best system for everyone. Unfortunately, determining the right stable rules is difficult and the job of government.  Hayek seems to have taken Adam Smith’s invisible hand and run with it. David Sloan Wilson in This View of Life- Completing the Darwinian Revolution makes clear that the invisible hand only works at one scale of a market (see posts Evolution for Everyone and Multilevel Selection Theory).

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Jared Diamond and Decision Making

jaredindexIn his latest book, The World Until Yesterday, Jared Diamond looks at how several societies that have avoided technological advancements over long periods of recent time can teach us something.  He calls them traditional societies. He indicates that you can look at these traditional societies as separate experiments of how a society develops and maybe by picking and choosing, you can find ways to enhance today’s first world societies. Dealing with risk and making decisions are part of that.

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