Erica Thompson: "Models, The Hawkmoth Effect, and the Future"
The Great Simplification with Nate Hagens
00:00
Is There a Fund to Remove Prior Nobel Prizes?
It does higher status in our society lend more respect and credibility to that person or that entity's model. You can, I mean, it's an entry barrier to even constructing a model that's going to be taken seriously. It is completely ridiculous. This gets to the late Herman Daly's point that a standard economist would look at food production as only 3%. So if we lose all food, we would only drop 3% of our economy, but the rest of the economy depends on people having food. What if there was a philanthropist listening to this program that would start a fund to remove prior Nobel Prizes for analysis and conclusions that were total bunk and unhelpful to society? Okay
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