The Awesome Science of Chinonomics

Another cycle around our star and we're still stuck in the same rut. Still talking about dealing with uncertainty; about counting your blessings; about stopping and smelling the roses because  life is short  and it's better to appreciate the small things when a virus can snatch your life away any second should you dare step outside. Is Omicron deadlier? More contagious? Resistant to Pfizer? To Moderna? How many mutations did you say it had? Does it evade natural immunity? But it doesn't affect your smell? Oh, the symptoms are the same as the common cold? But masks still work, right? Oh, but not cloth ones?  The noise is  maddening .  Our hyper-mediatized, over-stimulated minds can't think of nothing other than what's in our handheld screens. And at the same time, our hyper-cynical minds won't believe those very same incessant, flickering alerts, either. Somehow our collective mind has entered a sort of  Schrödinger -like, superposition state. We  both   eat up e

Today I saw a man wearing a Lionel Messi jersey. It was weird. It was not the ubiquitous blaugrana   jersey that you see everywhere. No. It was the new Paris St. Germain one. It felt foreign . It got me thinking. How dares the emblem of Culés betray his tribe? And how cheap of that guy to jump ship from Barça to PSG just because of a player? The strangeness of seeing the PSG emblem in the same piece of clothing with the letters Messi   in the back hit me. We are nothing but pawns. Cheap imitators who crave for models to follow. Without them, we are lost. This whole post-modernist idea that says " you're unique ", " you're an individual " ,  " you're cool in your own way " is complete bullsh*t.  The man wearing that jersey wants to be like Messi. Why else would he be willing to shell out $200  to signal to the world that he's committed to emulate him? What part of Messi he wants to be, I don't know. The fame? The money? The ability to dr

We're instinctive animals. We act in accordance to what we feel: anger, happiness, compassion, pain. Your body is an evolution-optimized "soft machine"  whose actions can be traced and explained by specific emotions.  You are cold? You get a blanket. The pain your nerves communicate to your brain prompts you to act and look for warmth. You're angry because somebody flipped you off on your commute to work? Your return the gesture, or even escalate by cutting him/her off at the first chance.   Emotion begets actions. We are slaves to the whims of our feelings. Entire religions and eastern traditions are built around the concept of achieving control over what we feel and emote. Nobel prizes are given to those who invent  new branches of knowledge which merge psychology and economics (“behavioral economics”), based on the idea that our emotions makes us act stupidly.  This is evidently a huge blind spot in all of us. A vulnerability that's been exploited for centur

We can't predict the future. Chaos always reigns. The unpredictable compounding of events is inevitable, and we can always count on surprises occurring , which is why it pays to build our lives (and invest) with the certainty that something will inevitably go wrong. Accounting for the certitude that something you planned for will not go as planned should prod you to hedge yourself via diversification --or even better, redundancies. Of course, building redundancies takes resources. That insurance policy doesn't pay for itself. You sacrifice current income (and/or effort) to build that safety net in case SHTF.  And although it could very well be that you'll never use it, it's not stupid to build it. An example: Nature, in its infinite iteration game called evolution, gave us two kidneys. I am pretty sure it's not free (evolutionarily speaking) to carry an extra filter behind your belly just in case one clogs with crap you throw at your body. If evolution settles on an

Knowledge accumulates throughout generations. It travels through time as long as there is always someone at the other end of the arrow of time to absorb it, assimilate it and apply it. Language helped it transcend --first in oral traditions , then in written form. Sure, there were some instances of miscommunication between some generations and knowledge stalled at times, but generally speaking, knowledge compounds itself. It exhibits the same exponential behavior as wealth. For early forager humans, the knowledge to conquer our environment (learning about medicine plants, edible roots, game migrating patters) was as valuable then as it is today to learn what's the next meme stock being hyped on reddit.  At the beginning the band forager culture fomented cooperation. To share what early foragers gathered/hunted was the rational thing to do. After all, the volatility of your returns (one day you'd have a good kill, but then days would go by without a catch) pushed you to share w

One of the most ironic things about the political revolution that manifested itself with battle cry " Make America Great Again " is its inherent ideological contradiction. Although  Trump supporters   never explicitly explain what " America " they want to bring back, implicit is the notion that they want to see again the dominant, stable U.S. of the post war II period. A country characterized by economic stability, a rising  middle class;  a country where people could pay for their own college education with a waiter's wage, and where corporate employees could rely on the certainty that their corporation looked at them as life partners who deserved to retire with juicy defined benefit pensions.  Where's the contradiction, you ask? Well, the political leaning of the era --the one that allowed stability and prosperity for its middle class--was markedly left-leaning: the New Deal  of FDR, the Great Society of LBJ. Even Republican Eisenhower knew better than goi

Out of all the forms of societal organization (the tribe, bands, the  Kingdom, The City-State, The Empire, etc), the Nation-State seems to have been the most stable and successful way of human association. The competition was somewhat settled after WWI with the collapse of the last of the great empires, like the Ottoman, and Austro-Hungarian one. But " most stable and successful " does not mean absolutely stable nor absolutely successful. Everything that's built by a human is bound to be flawed. From the concept of the family, to the effectiveness of vaccines, to the engineering of the Boeing 737 MAX . One of the most important functions of leadership in Nation-State is to keep stability. Without it, no society can sustain itself. Social stability depends on trust and legitimacy of its institutions. Economic activity rests on the bedrock of rule of law and contract enforcement. No one would venture to embark on a business if marauders will destroy your property on a whim