Category Archives: Politics and Government

Leading in Complexity

We constantly hear that there is a dearth of leadership in this country, that David Cameron needs to lead in the UK, that we need leaders to save us from ourselves. What is leadership in a complex society? Is it … Continue reading

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A Constitutional Problem

Many Tea Party supporters carry a miniature copy of the U.S. Constitution in their pocket as they complain about how Washington does business. They want spending reigned in—except for the programs that they like or depend on—and the deficit reduced. … Continue reading

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Irrational Irritation

According to at least one commentator “everybody, everywhere” is “upset over the economy.” It may be true, although the article actually shows that only Republicans and older people are actually angry. But no sane person should be angry at the … Continue reading

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Reduce the Cost of Banking

In a column in the Financial Times, John Kay comments that the financial innovations that were much lauded in the 1990s and that contributed to the 2008 financial meltdown were designed to manage risks that it caused. They do nothing … Continue reading

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Malefactors of Great Power

On this 234th celebration of the Declaration of Independence, it is appropriate to look at what the Founding Fathers left out of their declaration and the subsequent constitution. Today we need protections against new Malefactors of Great Power. The US … Continue reading

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Thaler Agrees

The noted professor of economics and behavioral science at the University of Chicago agrees with our post “Too Complex to Govern.” See his comments in the New York Times about complexity in various modern social systems. As Thaler comments: “Neither … Continue reading

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Too Complex to Govern

The Gulf Spill raises the question: Are some activities are too complex to govern effectively? The technology needed to drill a mile below the surface of the sea is, by itself, not complex. It may be complicated but because it … Continue reading

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