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Epsilon Theory on Tape: The Icarus Moment

Epsilon Theory Podcast

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The Triumph of Abstraction

In 18 84, congress established the bureau of labor statistics to do some counting and abstracting. Since 19 15, the b l s has been surveying employers to estimate how many americans are working and how much they are being paid. We model the model in order to instil fear or greed, or pleasure or patriotism. Constantly everywhere. To day, we abstract social behaviors, not newtonian physics. This is the true triumph of abstraction. It's the triumph of the cartoon.

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