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The Disruptive World of Edward Norton - The New York Times
Oct. 7, 2019
The disruptive world
of Edward Norton.

By David Marchese Photograph by Mamadi Doumbouya
actors  category_errors  disruption  Edward_Norton  entrepreneur  start_ups 
october 2019 by jerryking
Saving the System - NYTimes.com
APRIL 28, 2014 | NYT | David Brooks.

“The ‘category error’ of our experts is to tell us that our system is doing just fine and proceeding on its eternal course toward ever-greater progress and global goodness. This is whistling past the graveyard.

“The lesson-category within grand strategic history is that when an established international system enters its phase of deterioration, many leaders nonetheless respond with insouciance, obliviousness, and self-congratulation. When the wolves of the world sense this, they, of course, will begin to make their moves to probe the ambiguities of the aging system and pick off choice pieces to devour at their leisure.

“This is what Putin is doing; this is what China has been moving toward doing in the maritime waters of Asia; this is what in the largest sense the upheavals of the Middle East are all about: i.e., who and what politico-ideological force will emerge as hegemon over the region in the new order to come. ....Today that system is under assault not by a single empire but by a hundred big and little foes. As Walter Russell Mead argues in a superb article in Foreign Affairs, geopolitics is back with a vengeance. Whether it’s Russia seizing Crimea or China asserting itself, old-fashioned power plays are back in vogue. Meanwhile, pre-modern movements and people try to eliminate ethnic and religious diversity in Egypt, Ukraine and beyond.

China, Russia and Iran have different values, but all oppose this system of liberal pluralism. The U.S. faces a death by a thousand cuts dilemma. No individual problem is worth devoting giant resources to. It’s not worth it to spend huge amounts of treasure to establish stability in Syria or defend a Western-oriented Ukraine. But, collectively, all the little problems can undermine the modern system. No individual ailment is worth the expense of treating it, but, collectively, they can kill you (JCK: Worst of all worlds).
authoritarianism  autocracies  category_errors  China  Colleges_&_Universities  Crimea  curriculum  David_Brooks  death_by_a_thousand_cuts  dilemmas  diplomacy  geopolitics  grand_strategy  insouciance  international_system  Iran  liberal_pluralism  multiple_stressors  obliviousness  power_plays  power_to_obstruct  rogue_actors  Russia  self-congratulatory  South_China_Sea  stratagems  strategic_thinking  strategy  Walter_Russell_Mead  worst_of_all_worlds  Yale 
april 2014 by jerryking
Take Smart Risks
09.21.09 | Wired Magazine | by By William Gurstelle. "Done
artfully and wisely, living dangerously engages our intellect, advances
society, and even makes us happier. It is possible to work consciously
toward joining the "golden Third": Just get in there and start pitching.
As with knife-throwing, unicycle-riding, and whip-handling, one gets
better mainly by practice. Make your choices smart ones. It's not
difficult to discriminate between a good, soul-enriching risk and one
that's just plain nuts."

A comment:

That study of risk takers vs. non risk takers is probably
biased. The random sample of people interviewed most likely didn't
include people that were dead or in prison as a result of the risks they
took.

And it is very true, but sometimes risks are compounding and other times
they are isolated. It's important to distinguish when something that
appears to be isolated is really starting to compound.
category_errors  risk-taking  risks  self-actualization  isolation  compounded  discernment  risk-assessment  dangers  psychology  soul-enriching  practice  dedication  multiplicative  survivor_bias  cumulative 
october 2009 by jerryking
What, me worry? (1)
September 30, 2005 | Globe & Mail | by Doug Steiner.
Tsunamis, asteroids, central bankers - how do you protect one portfolio
against all those risks? Systemic versus personal risk.

"Unfortunately, risk is rarely that clear cut. It comes in many forms, and we all think of it in different ways. Many of us have trouble putting risks into appropriate categories. We often mash all of them together or worry too much about spectacular calamities. To get a handle on things, you need to create a proper hierarchy of anxieties and then deal with them in an orderly fashion.

Many academics split risks into two buckets. Systemic risk is general risk--risk that affects large groups of people, such as the stock market crashing or a hurricane wiping out a city. Personal risk relates to individuals making choices, such as trying to balance on a balcony railing after downing three or four martinis."
Doug_Steiner  category_errors  risk-assessment  systemic_risks  personal_risk  insurance  panics  natural_calamities  risk-mitigation  risks  disasters 
march 2009 by jerryking

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