Beth Simone Noveck on Solving Public Problems
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We're also at a time where political culture has become popular culture – in other words, it's become a central talking point for everyone… it's become the water cooler conversation – and political comedy and satire have really come to the fore.
In humanity's relentless drive for convenience and economic growth we have developed a dangerous level of dependency on networked systems in a very short space of time: in less than two decades, huge parts of the so-called 'critical national infrastructure' in most countries have come under the control of ever more complex computer systems.
I wish to God she had had an M-4 in her office, locked up so when she heard gunfire, she pulls it out and takes him out and takes his head off before he can kill those precious kids.
The representative agent model (and its descendants) imposed a straightjacket that made it difficult to think clearly about what was going on [in the economy]… To me [Stiglitz], the strangest aspect of modern macroeconomics was that the central banks were using a model in which banks and financial markets played no role.
The most important thing to realise is this; we control the market, the market does not control us.
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