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	<title>Isegoria &#187; Eric Falkenstein</title>
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	<description>From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small</description>
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		<title>The key is not options but obliquity</title>
		<link>https://www.isegoria.net/2019/03/the-key-is-not-options-but-obliquity/</link>
		<comments>https://www.isegoria.net/2019/03/the-key-is-not-options-but-obliquity/#comments</comments>
		<pubDate>Wed, 27 Mar 2019 20:46:28 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>

		<guid isPermaLink="false">https://www.isegoria.net/?p=44905</guid>
		<description><![CDATA[Eric Falkenstein explains why Taleb&#8217;s Antifragile book is a fraud: In Nassim Taleb’ book Antifragile he emphasizes that ‘if you see a fraud and do not say fraud, you are a fraud,’ I am thus compelled to note that Antifragile is a fraud because its theme is based on intentional misdirection. The most conspicuous and [&#8230;]]]></description>
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		<slash:comments>7</slash:comments>
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		<title>Capital isn&#8217;t a thing</title>
		<link>https://www.isegoria.net/2014/08/capital-isnt-a-thing/</link>
		<comments>https://www.isegoria.net/2014/08/capital-isnt-a-thing/#comments</comments>
		<pubDate>Sun, 03 Aug 2014 16:13:21 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35778</guid>
		<description><![CDATA[Capital isn&#8217;t a thing, Eric Falkenstein says — it&#8217;s a ledger, a way of determining who gets the make decisions about various things, and who gets the fruits of those things: The fact that a minority has most of the power to decide and access the fruits is a consequence of a past where individuals [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>All Men Seek to Rule</title>
		<link>https://www.isegoria.net/2014/08/all-men-seek-to-rule/</link>
		<comments>https://www.isegoria.net/2014/08/all-men-seek-to-rule/#comments</comments>
		<pubDate>Sat, 02 Aug 2014 16:09:09 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35776</guid>
		<description><![CDATA[Status-seeking is a human universal, Eric Falkenstein reminds us: The anthropologist Harold Schneider studied hunter gatherers and noted they had an almost absence of hierarchy, which he saw as the resulting from the maxim that ‘all men seek to rule, but if they cannot, they seek to be equal.&#8217; It&#8217;s a reasonable solution for a [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Not More, Better</title>
		<link>https://www.isegoria.net/2014/08/not-more-better/</link>
		<comments>https://www.isegoria.net/2014/08/not-more-better/#comments</comments>
		<pubDate>Fri, 01 Aug 2014 11:03:57 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35774</guid>
		<description><![CDATA[The government spends about 35% of GDP in the US today, Eric Falkenstein notes, and heavily regulates the rest: It would be far better if, instead of thinking about new tricky ways to squeeze the rich, we instead set government spending to some fraction (say 35%) of the past 5 years of GDP and no [&#8230;]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Power to the People&#8217;s Proxies</title>
		<link>https://www.isegoria.net/2014/07/power-to-the-peoples-proxies/</link>
		<comments>https://www.isegoria.net/2014/07/power-to-the-peoples-proxies/#comments</comments>
		<pubDate>Thu, 31 Jul 2014 14:50:19 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35772</guid>
		<description><![CDATA[Democracy does not decentralize power to the people, Eric Falkenstein finds — it does the opposite: As the Occupy movement showed, unorganized mass movements get nothing done, so successful parties are those that channel public legitimacy into a small set of essential rights too important to be outside state dominion. Go to a school board [&#8230;]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Democracy in Moderation</title>
		<link>https://www.isegoria.net/2014/07/democracy-in-moderation/</link>
		<comments>https://www.isegoria.net/2014/07/democracy-in-moderation/#comments</comments>
		<pubDate>Wed, 30 Jul 2014 14:48:07 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35770</guid>
		<description><![CDATA[Democracy, like all things, is good only in moderation, Eric Falkenstein says — it is a means and not an end: Taken to an extreme it is highly dysfunctional, as decisions are not helped by making them mass plebiscites or town hall meetings.  Go to a school board meeting and watch how quickly thoughtful discussions [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Intellectuals should run everything as the vanguard of the people</title>
		<link>https://www.isegoria.net/2014/07/intellectuals-should-run-everything-as-the-vanguard-of-the-people/</link>
		<comments>https://www.isegoria.net/2014/07/intellectuals-should-run-everything-as-the-vanguard-of-the-people/#comments</comments>
		<pubDate>Tue, 29 Jul 2014 14:46:01 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35768</guid>
		<description><![CDATA[Liberals consider Piketty&#8217;s book a must-read, but only, Eric Falkenstein says, because, like Marx&#8217;s Capital, it&#8217;s a great safety blanket for Liberal prejudices: The end-game is exactly what progressive conventional wisdom (e.g., the common New York Times or Harvard professor view) has been preaching for over 50 years: enlarge the state. The key point is a [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>What have the Victorians done for us?</title>
		<link>https://www.isegoria.net/2014/07/what-have-the-victorians-done-for-us/</link>
		<comments>https://www.isegoria.net/2014/07/what-have-the-victorians-done-for-us/#comments</comments>
		<pubDate>Mon, 28 Jul 2014 14:42:49 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=35766</guid>
		<description><![CDATA[Certainly the eras that gave us our scientific and intellectual heritage were very unequal, Eric Falkenstein notes, with not just an aristocracy but often slavery: If some inequality is inevitable, how much is too much or too little?  When the West was beginning its industrial revolution and creating an unprecedented growth in productivity and social [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>A Theory of Growth</title>
		<link>https://www.isegoria.net/2011/01/a-theory-of-growth/</link>
		<comments>https://www.isegoria.net/2011/01/a-theory-of-growth/#comments</comments>
		<pubDate>Thu, 13 Jan 2011 13:09:42 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=23153</guid>
		<description><![CDATA[Eric Falkenstein reiterates his theory of growth, which does not focus on preventing recessions: That decentralized, self-interested, people can collectively make such large errors seems irrational or corrupt to many, but they should remember that growing economies require people to be making things better, which means, new ways of doing things. New ideas are often [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Courage and Power</title>
		<link>https://www.isegoria.net/2010/12/courage-and-power/</link>
		<comments>https://www.isegoria.net/2010/12/courage-and-power/#comments</comments>
		<pubDate>Thu, 16 Dec 2010 15:04:10 +0000</pubDate>
		<dc:creator>Isegoria</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eric Falkenstein]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[War]]></category>

		<guid isPermaLink="false">http://www.isegoria.net/?p=22851</guid>
		<description><![CDATA[Eric Falkenstein has long said that the risk premium doesn&#8217;t make sense — and not just in investment markets: I was reading a book, The Decline and Fall of the British Aristocracy, by David Cannadine, which covers 1870 through 1930. They highlight that this was the strongest aristocracy in Europe due to primogeniture and Britain exceptional [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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