Lester Brown: ‘The Problem Is The Market Is Giving Us Bad Information’
Lester Brown, in his Authors@Google talk, draws a prescient (and morbid) link between Enron and current U.S. practices:
In late 2001-early 2002, some outside accountants began looking at Enron, and what they realized was that Enron had been leaving costs off the books. [...] When they got done with the accounting, they discovered that Enron was essentially worthless. [...] Enron was bankrupt.
We are doing exactly what Enron did, except on a far larger scale: leaving costs off the books. Eventually someone will have to pay those costs. If not us, then our children. But like Enron, we too will have to make adjustments. You can’t continually leave costs off the books without eventually getting into trouble.
The key is to get the market to tell the environmental truth. We are all economic decision-makers — we rely on market signals. [...] The problem is the market is giving us bad information, and we are making bad decisions.
Brown goes on to quote Øystein Dahle, his successor as World Watch Institute Chairman of the Board:
Socialism collapsed because it did not allow the market to tell the economic truth.
Capitalism may collapse because it does not allow the market to tell the ecological truth.
Sends shivers down my spine.
Iraq
I want to re-print this because it hit me very hard emotionally, unexpectedly — my dad was a Vietnam vet. I imagine others may be having an emotional reaction, too. And now that we’ve begun this withdrawal process, emotions will likely continue increasing before they decrease, which may take years.
Barack Obama, in an email to his supporters:
Tonight marks the end of the American combat mission in Iraq.
As a candidate for this office, I pledged to end this war responsibly. And, as President, that is what I am doing.
Since I became Commander-in-Chief, we’ve brought home nearly 100,000 U.S. troops. We’ve closed or turned over to Iraq hundreds of our bases.
As Operation Iraqi Freedom ends, our commitment to a sovereign, stable, and self-reliant Iraq continues. Under Operation New Dawn, a transitional force of U.S. troops will remain to advise and assist Iraqi forces, protect our civilians on the ground, and pursue targeted counterterrorism efforts.
By the end of next year, consistent with our agreement with the Iraqi government, these men and women, too, will come home.
Ending this war is not only in Iraq’s interest — it is in our own. Our nation has paid a huge price to put Iraq’s future in the hands of its people. We have sent our men and women in uniform to make enormous sacrifices. We have spent vast resources abroad in the face of several years of recession at home.
We have met our responsibility through the courage and resolve of our women and men in uniform.
In seven years, they confronted a mission as challenging and as complex as any our military has ever been asked to face.
Nearly 1.5 million Americans put their lives on the line. Many returned for multiple tours of duty, far from their loved ones who bore a heroic burden of their own. And most painfully, more than 4,400 Americans have given their lives, fighting for people they never knew, for values that have defined our people for more than two centuries.
What their country asked of them was not small. And what they sacrificed was not easy.
For that, each and every American owes them our heartfelt thanks.
Our promise to them — to each woman or man who has donned our colors — is that our country will serve them as faithfully as they have served us. We have already made the largest increase in funding for veterans in decades. So long as I am President, I will do whatever it takes to fulfill that sacred trust.
Tonight, we mark a milestone in our nation’s history. Even at a time of great uncertainty for so many Americans, this day and our brave troops remind us that our future is in our own hands and that our best days lie ahead.
Thank you,
President Barack Obama
UPDATE: Snippets of President Obama’s message were taken from his full “End of the Combat Mission in Iraq” speech. It’s only 18 minutes, and I highly recommend you watch it.
The First Step Is to Start
Jason Zimdars:
It’s easy to feel inadequate when you compare yourself to the very best, but even they weren’t born with those skills and they wouldn’t have them if they never started.
The Elegance of Tedium
Beautiful mini-doc about Oxxford Clothes, the last factory in the U.S. making custom tailored suits by hand.
Katrina, Hiroshima. Hiroshima, Katrina.
Mac McClelland, for Mother Jones:
It’s awfully irresponsible to say all that stuff about recovery without also mentioning that you can’t even count the blocks that are still half-full of empty, broke-down houses, or that [Brad] Pitt’s 50 new houses dot an area that lost 4,000—an area people sometimes compare to Hiroshima because its torn-up roads, total lack of streetlights, and abundance of overgrown lots contribute to a vast and penetrating emptiness.
Hiroshima.
Bird’s eye view of Hiroshima before and after we dropped the bomb; New Orleans before and after Katrina.
Seth Godin Is Quitting Traditional Book Publishing
Seth Godin, in an interview with Jeff Rivera for Media Bistro:
I’ve decided not to publish any more books in the traditional way. 12 for 12 and I’m done. I like the people, but I can’t abide the long wait, the filters, the big push at launch, the nudging to get people to go to a store they don’t usually visit to buy something they don’t usually buy, to get them to pay for an idea in a form that’s hard to spread… I really don’t think the process is worth the effort that it now takes to make it work. I can reach 10 or 50 times as many people electronically. No, it’s not ‘better,’ but it’s different. So, while I’m not sure what format my writing will take, I’m not planning on it being the 1907 version of hardcover publishing any longer.
Important distinction: this doesn’t mean Seth won’t be publishing books at all. It means he won’t be publishing them via traditional means.
Reporter Gives Credit Cards to Panhandlers And Tracks Usage
Nothing too surprising. No conclusions drawn, no ultimate truths, no real message — any of which would have been nice. Just an account of events. But at least we’re talking about the less fortunate, rather than the usual M.O. of ignoring them altogether.
… right?
Startup Tempo Tickets Aims Crosshairs at Ticketmaster
Curently, Tempo Tickets is focusing heavily on signing up more venues and events; their homepage is essentially a sales brochure. And it will take a lot of momentum and inertia to catch up to the current de facto solution, Ticketmaster.
That said, Ticketmaster is infamous for their website’s poor user experience, from price gouging to profiteering on made-up tasks like “convenience fees,” thus I imagine smaller bands and events need little incentive to flee to a more compassionate competitor like Tempo Tickets. Consider my interest piqued.
Wikipedia’s List Of Common Misconceptions
Well, I’ll be darned:
Contrary to the popular image of the Pilgrim Fathers, the early settlers of the Plymouth Colony in present-day Plymouth, Massachusetts, did not dress in black, wear buckles, or wear black steeple hats.
There is no evidence that Vikings wore horns on their helmets.
Sugar does not cause hyperactivity in children.
And other busters.
Video Maps Asteroid Discovery from 1980-2010
Not unlike living on Earth, the 80s are boring, the 90s stir things up, and the new millennium kicks things into high gear.
‘Because This Is America, Damnit’
Keith Olbermann offers up a particularly eloquent and passionate Special Comment on the Ground Zero mosque controversy.
IDEO’s Axioms for Starting Disruptive New Businesses
Very useful entrepreneurial advice from Colin Raney of IDEO, a company of people who repeatedly build (or sometimes re-build) products from the ground-up.
Trung Le: ‘Wanna Improve Education? Demolish the Classrooms’
Radical? Yes. Also actually being give a chance, and tested, in the real world? Yes; it’s called Ørestad College, and it was beautifully designed by 3XN Architects.
Netflix Origami
Finally, Netflix members can feel like responsible citizens by putting the DVD packaging’s “flap” to good use.
Dan Pink: ‘The Surprising Truth about What Motivates Us’
My admiration for pop social science is no secret, including its authors like Dan Pink.
I mentioned Dan’s book Drive back in April and May. For those who have not read Drive, and who may not have time to, this 10-minute video animated by RSA should suffice as a summary.
In my opinion, Dan Pink’s work is yet another essential piece to solving a slowly-revealing human puzzle — a puzzle whose existence we’ve really only discovered in the last 10 years. Drive is a great addition to the new, developing body of evidence that human beings are not consistently rational, not endlessly manipulable, and are not always predictable.
(Thanks to Joseph Gordon-Levitt for unintentionally bringing this to my attention again.)
Universe Will Expand Forever
BBC:
A “galactic lens” has revealed that the Universe will probably expand forever.
It will eventually become a cold, dead wasteland, researchers say.
Well then.
SoBi Is Making Smarter Smart Bikes
GOOD:
Without the need for a fleet of custom bikes and a network of special docking stations, SoBi can be set up, the company claims, “at approximately one-third the cost of existing systems.”
Jealous NY gets it first. But I can’t imagine it will be long before SF has a similar program.
‘Learning to Write Is Not Like Learning to Ride A Bike’
Anne Trubek argues eloquently for eliminating the SAT and better appropriating our energy, money, and talent:
According to FairTest: The National Center for Fair and Open Testing, the average verbal score for African Americans in 2004 was 430; for whites, it was 528. Those whose families earned between $20,000 and $30,000 per year averaged 459; those whose families earned above $100,000 averaged 553.
America’s Looming Decision About Taxes, Illustrated
Crystal clear.
On Anti-Mosque Sentiments, Nicholas Kristof Draws Similarities Between Republicans and Al Qaeda
Poignant.
Russian Empire in Color, A Century Ago
Unbelievable. The image quality of these photos easily rivals today’s cameras.
Here Comes Quora
Quora is nailing it. They are winning. No, they don’t have majority market share; their top 3 competitors — Yahoo! Answers, WikiAnswers, and Mahalo — have that.1
But Quora has the best answers of anyone in their field. And to users seeking answers, (as opposed to users answering questions, discussed below) all that matters is quality answers. Quora is succeeding because they actually solve the problem: foster quality answers — yes, that implies their competitors are not fostering quality answers.
So why is young Quora getting the best answers? In a nutshell:
Build bottom-up rather than top-down
Quora, like most tech start-ups, suffered from the chicken-and-the-egg problem when they started. For Quora, it went something like this: people who ask questions need to know they will get good answers; people who answer questions need to know their answers will be appreciated. Where to start?
Instead of content farming to build initial content, Quora had an invite-only private beta phase.2 By design, the best answers get voted up/down on Quora, so early users had a lot to gain/lose from the quality of their questions and answers. Reputation is everything, and small communities — when done right — foster quality, intimacy, accountability, and responsibility.
(Also, big ups to Quora’s staff. Historically, they’ve done an outstanding job of giving users freedom; they rarely moderate content, and let users self-correct. This sense of control and freedom is important when you’re asking people to provide free content. Too much control and users feel stifled and leave; too little control and inferior content flourishes, and your best users feel under-appreciated and leave. It’s a tightrope, and requires a lot of improvisation, experience, and intuition. If there’s any one thing that makes Quora so successful, it’s the evident wisdom and taste of the people behind it.)
Early users essentially acted as Quora’s Founding Fathers and Mothers, building the content from the ground-up. They were a community (and still are) and share a sense of camaraderie. That camaraderie helps keep the quality flowing today.
Design thinking
Exhibit A. Compare answer page screenshots: Quora vs. Yahoo! Answers, WikiAnswers, and Mahalo. Overall poor web design aside, the latter three focus screen real estate on pizazz and profiteering (e.g. oversized graphics, irrelevant and sometimes offensive ads, and misdirection). Quora focuses on the question’s answer; bingo. Hack away at the unessential.
The website is simple in its beauty, as if to say subconsciously to its users, “Go ahead, I won’t get in your way.” Web users just want to get-in-and-get-out. You can do that on Quora.
Design thinking → great design → users who feel appreciated → good questions ↔ good answers. In other words, Quora attracts smart users in the same way Apple does: make a product feel so good that people dare not use it except to produce things worthy of that product.
Quora is getting the best answers and, catastrophes aside, will eventually dominate the space. It’s only a matter of time. (Remind you of anybody else?)
1. It’s really by default. Yahoo! was able to grow on its current user base, and as far as I can tell WikiAnswers and Mahalo did a great job of SEO and, in the beginning at least, content (and possibly link) farming. (Though Jason Calacanis would deny this.) Back to citation
2. Full disclosure: I was part of this private beta, but was not compensated in any way. Back to citation
Borderland
Profound. Everyone should see this 7-minute mini-doc about the U.S.-Mexico border, and who it’s really keeping out: drug smugglers, human traffickers, and other scum.
Bubbles On The Beach
Magnificent.
The Cost Of Morals Undermining Freedom
Eye-opening infographic on the exorbitant cost of keeping marijuana illegal. Jeffrey Miron’s stance on legalizing all drugs — the one I mentioned last week — seems even more relevant.
How Much Does Transportation Cost in Your Neighborhood?
Moving? Like to compare yourself to others?
Step 1 – Enter an address into CNT’s new tool Abogo.
Step 2 – Learn that neighborhood’s average cost for commuting, errands, and car ownership and use. (BONUS: It even displays average CO2 usage.)
Go Naked, Go Natural
Naturalistic fallacy aside, Garr Reynolds’ breakdown of onsen, or Japanese hot springs, is well done.
The breakdown, in a simile: ”Both corporate communication and hot springs best enjoyed when naked.”
Ryan Freitas: ’35 Lessons in 35 Years’
My favorite:
Tact and tolerance can go a long way towards keeping you out of fights, but sometimes that guy really is asking for it.
But they’re all good.
Beautiful ‘Inception’ Infographic
Wonderful design by Rick Slusher for Co.Design’s Inception Infographics Contest. Make sure to read his thoughts and interpretations at the bottom.

