Podcasts about externalities

Youtube - https://youtu.be/TQVWUdFibC8 The Profiteers - https://www.amazon.com/Profiteers-Business-Privatizes-Profits-Socializes/dp/1541703529Newsletter - https://curiousworldview.beehiiv.com/subscribeChristopher Marquis spent 10 years as a professor at the Harvard Business School, he's also worked as a professor at Cornell, the Harvard Kennedy School and is currently a professor at the Judge Business School in Cambridge, where I was lucky enough to record this in person with him. It was quite a neat experience actually, after we did the interview, Christopher treated me to a lunch in one of the Cambrdige college halls where in proper Friday British fashion, a perfect Fish and Chips was served. Christopher has authored three books, but the subject of this interview was his latest… Profiteers, How Business Privatizes Profit and Socializes Cost.Some of you may have noticed a recurring question around ‘negative externalities' in several of my interviews this year… particularly with Johan Norberg most recently. Well, Adam Lantz, who listens to this podcast reached out to me in response to the JOhan interview and said. If you really wanty to talk externalities, than you've got to talk to this guy.Johan Norberg Spotify - https://open.spotify.com/episode/4ujVUlq3BbhTDBhBFnaR5S?si=46b8333b866341da Johan Norberg Apple - https://podcasts.apple.com/us/podcast/johan-norberg-does-capitalism-fail-to-price-in-negative/id1540424160?i=1000671395087 And so I wrote to Christopher immediately, read his book, booked the flight and was greeted with so much generosity and hospitality it was a bit of a pinch myself moment, because even though this podcast creates 0 dollars in revenue, it's instead introducing me to a wealth of experience.This episode with Christopher is negative externalities all the way down… with specific attention to plastics, agriculture and clothing.00:00 - Christopher Marquis02:27 - The Externality Iceberg07:57 - The Plastic Iceberg14:47 - Can A Free Market Price These Negative Externalities?26:04 - Agriculture Iceberg41:07 - We Consume Via Our Means Not Our Morals42:41 - Clothing Iceberg52:33 - Egregious Cases Of Greenwashing54:39 - Zoom & Netflix? Externality?1:07:22 - The Jevons Paradox1:08:43 - Just Speed Bumps On The Way To Prosperity?1:12:35 - Hitchhikers Guide To The Galaxy, What Are The Right Questions?1:16:57 - Serendipity In Christopher's Life

In this week's episode rerun, host Daniel Raimi talks with Kim Stanley Robinson, acclaimed author of many books, most recently “The Ministry for the Future.” Robinson's books vividly illustrate some of the most devastating potential consequences of climate change, but that's not all they do—the books also offer innovation and optimism, imagining the ways in which we can prevent some of the worst impacts of climate change and adapt to the impacts that are unavoidable. Robinson discusses his recent visit to COP26 and his views on climate economics, modern monetary theory, space opera, and more. We're rebroadcasting this episode from the Resources Radio archive while the podcast team is on a break through the rest of December. We'll be back with new episodes in the new year; in the meantime, enjoy this throwback and poke around the archive at Resources.org for more topics you might be interested in. References and recommendations: “The Ministry for the Future” by Kim Stanley Robinson; https://www.hachettebookgroup.com/titles/kim-stanley-robinson/the-ministry-for-the-future/9780316300162/ “The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes” by Zachary D. Carter; https://www.penguinrandomhouse.com/books/563378/the-price-of-peace-by-zachary-d-carter/ “Improving Discounting in the Social Cost of Carbon” by Brian Prest, William Pizer, and Richard Newell; https://www.resources.org/archives/improving-discounting-in-the-social-cost-of-carbon/ “Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist” by Kate Raworth; https://www.chelseagreen.com/product/doughnut-economics-paperback/ The concept of “carbon currency” by Delton Chen; https://globalcarbonreward.org/carbon-currency/ “Hypothesis for a Risk Cost of Carbon: Revising the Externalities and Ethics of Climate Change” by Delton B. Chen, Joel van der Beek, and Jonathan Cloud; https://link.springer.com/chapter/10.1007/978-3-030-03152-7_8 “Breaking Boundaries: The Science of Our Planet” by David Attenborough and Johan Rockström; https://www.netflix.com/title/81336476

A company's value includes not just the goods and services it provides but also the societal costs it imposes. In this episode of The Pie, Lubos Pastor, Charles P. McQuaid Distinguished Service Professor of Finance at Chicago Booth, explores how to integrate the costs of corporate greenhouse gas emissions into traditional measures of corporate performance.

“Influencers are forever reinforcing the same images. They’re spending no time in the actual place, other than the requisite time to take the photo. From the local community’s point of view, these kinds of tourists bring very little value.” –Stuart McDonald In this episode of Deviate, Rolf and Stuart talk about why Stuart chose to make his office in West Bali, and why South Bali has developed something of a bad reputation in terms of over-tourism (2:30); the mythos of Bali, how it became a “dreamscape” in the Western consciousness, and how it has changed in recent years (6:30); why certain areas in Bali become over-touristed, and how it has recently been affected by “influencers” (18:00); how black magic and ghosts are part of the belief systems of Balinese, yet few travelers ascertain this (24:00); and how much social-media travel content leaves out essential cultural context (31:00). Stuart McDonald (@travelfishery) is the co-founder of Travelfish.org, a travel planning website covering Southeast Asia, which he launched in 2014. He has been traveling in that part of the world since 1993, and living there since 1997. Notable Links: The Vagabond’s Way, by Rolf Potts (book) Bali Hai Immigrant Song (YouTube mashup) Dutch presence in Bali (colonialist history) Eat, Pray, Love, by Elizabeth Gilbert (book) Canggu (coastal village in Bali) Fly-in fly-out [FIFO] (term for temporary laborers) Digital nomads (remote workers who travel) Lonely Planet (travel guidebook publisher) Infinity pool (type of swimming pool) National Geographic (magazine) GetYourGuide (tour company) Gates of Heaven (photogenic temple in Bali) Balinese sacred textiles Kastom (Melanesian traditional culture) Kava (sedative drink in Melanesia) Listicle (article structured as a list) Filterworld: How Algorithms Flattened Culture, by Kyle Chayka (book) Externality (indirect economic cost) This episode of Deviate is also brought to you by AirTreks, an industry leader in multi-stop international travel. If you've ever planned a trip with multiple stops, you know that finding the right flights can be difficult. Between balancing travel logistics and cost, it often becomes impossible to build an itinerary that matches your travel goals.  AirTreks is a distributed travel company with employees working from all corners of the world to help with your flight planning, specializing in complex routes with up to 25 stops. The AirTreks website offers suggested pre-planned travel itineraries to help you get started, but can customize to fit your journey. The Deviate theme music comes from the title track of Cedar Van Tassel's 2017 album Lumber. Note: We don't host a “comments” section, but we're happy to hear your questions and insights via email, at deviate@rolfpotts.com.

Impact at Scale with Zal Dastur discussed all things waste management with Joel Tasche, the founder and co-CEO of Cleanhub. Cleanhub brings waste management services to areas with inefficient systems, aiming to keep plastic out of the environment and create local jobs. Joel shares his company's mission to tackle plastic pollution at scale and emphasizes the importance of strong partnerships and building relationships with local partners and communities. He also discusses Cleanhub's business model, which involves partnering with consumer goods brands to sponsor the cleanup of plastic waste. Joel highlights the challenges of recycling, including the competition with the optimized process of producing virgin plastic and the difficulty of sorting and processing different types of plastic. We talk about the need for strong regulation and extended producer responsibility to drive change in waste management and recycling practices. Some Topics Joel Covered Government Regulation in Waste Management Challenges in Recycling Role of Status in Shifting Consumer Behaviour Need for Pricing in Externalities and Changing Business Models Other Titles We Considered Global extended producer responsibility How responsible are the companies that make waste? Everybody strives for convenience.

Join America's Roundtable (https://americasrt.com/) radio co-host and economist Natasha Srdoc with Dr. Arthur Laffer, also known as “The Father of Supply Side Economics” in a discussion about Ronald Reagan's economic and tax policy, US economic growth of 12% during Reagan, flat tax revolution in Eastern Europe, a proper interpretation of the US debt, deficits and government spending, balancing of the budget and transfer theorem. Dr. Laffer's career has been marked by experience and success in business, in public policy, and as an academic economist and professor. During the 1970s, Dr. Laffer was a consultant to Secretaries of the Treasury George Shultz and William Simon and Chief of Staff and Secretary of Defense Donald Rumsfeld. He was the first to hold the title of Chief Economist at the Office of Management and Budget under Secretary of the Treasury George Shultz in the early 1970s. Dr. Laffer was a member of President Reagan's Economic Policy Advisory Board for both of his two terms (1981-1989). He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s. Dr. Laffer's economic acumen and influence in triggering a world-wide tax-cutting movement in the 1980s have earned him the distinction in many publications as “The Father of Supply-Side Economics.” His Laffer Curve is one of the main theoretical constructs of supply-side economics. Dr. Laffer was an economic advisor to Donald Trump's 2016 presidential campaign. In 2019, President Trump awarded DR. Laffer with the Presidential Medal of Freedom for his contributions in the field of economics. He has received numerous awards and recognition for his economic work and authored a number of books, including the End of Prosperity: How Higher Taxes Will Doom the Economy—If We Let it Happen, and most recently Return to Prosperity and Trumponomics. Dr. Laffer currently lives in Nashville, Tennessee where he is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm. americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @LafferCenter @ileaderssummit @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America's Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

Join America's Roundtable (https://americasrt.com/) radio co-host and economist Natasha Srdoc with Dr. Arthur Laffer, also known as “The Father of Supply Side Economics” in their conversation about industrial policy in America today, Kamala Harris's proposal of price controls, smart regulation, energy independence during Trump Presidency, incentives, requiring price transparency for medical services, offseting carbon tax with a reduction of other taxes, tariffs and international trade. Dr. Laffer's career has been marked by experience and success in business, in public policy, and as an academic economist and professor. During the 1970s, Dr. Laffer was a consultant to Secretaries of the Treasury George Shultz and William Simon and Chief of Staff and Secretary of Defense Donald Rumsfeld. He was the first to hold the title of Chief Economist at the Office of Management and Budget under Secretary of the Treasury George Shultz in the early 1970s. Dr. Laffer was a member of President Reagan's Economic Policy Advisory Board for both of his two terms (1981-1989). He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s. Dr. Laffer's economic acumen and influence in triggering a world-wide tax-cutting movement in the 1980s have earned him the distinction in many publications as “The Father of Supply-Side Economics.” His Laffer Curve is one of the main theoretical constructs of supply-side economics. Dr. Laffer was an economic advisor to Donald Trump's 2016 presidential campaign. In 2019, President Trump awarded DR. Laffer with the Presidential Medal of Freedom for his contributions in the field of economics. He has received numerous awards and recognition for his economic work and authored a number of books, including the End of Prosperity: How Higher Taxes Will Doom the Economy—If We Let it Happen, and most recently Return to Prosperity and Trumponomics. Dr. Laffer currently lives in Nashville, Tennessee where he is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm. americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @LafferCenter @ileaderssummit @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America's Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

Join America's Roundtable (https://americasrt.com/) radio co-host and economist Natasha Srdoc with Dr. Arthur Laffer, also known as “The Father of Supply Side Economics.” Dr. Laffer's career has been marked by experience and success in business, in public policy, and as an academic economist and professor. During the 1970s, Dr. Laffer was a consultant to Secretaries of the Treasury George Shultz and William Simon and Chief of Staff and Secretary of Defense Donald Rumsfeld. He was the first to hold the title of Chief Economist at the Office of Management and Budget under Secretary of the Treasury George Shultz in the early 1970s. Dr. Laffer was a member of President Reagan's Economic Policy Advisory Board for both of his two terms (1981-1989). He also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s. Dr. Laffer's economic acumen and influence in triggering a world-wide tax-cutting movement in the 1980s have earned him the distinction in many publications as “The Father of Supply-Side Economics.” His Laffer Curve is one of the main theoretical constructs of supply-side economics. Dr. Laffer was an economic advisor to Donald Trump's 2016 presidential campaign. In 2019, President Trump awarded DR. Laffer with the Presidential Medal of Freedom for his contributions in the field of economics. He has received numerous awards and recognition for his economic work and authored a number of books, including the End of Prosperity: How Higher Taxes Will Doom the Economy—If We Let it Happen, and most recently Return to Prosperity and Trumponomics. Dr. Laffer currently lives in Nashville, Tennessee where he is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm. americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @LafferCenter @ileaderssummit @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America's Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

Youtube - https://youtu.be/iCNiZfMASNs Subscribe To The Curious Worldview Newsletter----Johan Norberg is a prolific author and academic, he's one of the most notable members of the Cato Institute and as well someone who has recently bronzed in the blinding spotlight of both Javier Milei and Elon Musk. Johan is a staunch defender of globalisation and author of‘ The Capitalist Manifesto' which was boosted into the stratosphere earlier this year with an overwhelming endorsement by Elon Musk when he wrote that the book is an excellent explanation of why capitalism is not just successful, but morally right. 00:00 - Johan Norberg01:35 - Johan's Worldview Influences09:07 - Johan's Rand-ian Fictional Tale10:35 - Johan Know Being A Role Model To Others14:35 - The Elon Musk Effect19:05 - Serendipity24:05 - Will AI Destroy The Labour Market?41:50 - Capitalism Failure To Price In Negative Externality1:02:45 - Globalisation Homogenising Culture1:15:40 - Anxious Generation1:23:55 - Nassim Taleb Influence

Show host Gene Tunny responds to listener feedback about the private versus public sector's role in wealth creation, particularly addressing externalities like environmental harm and whether governments should fund facilities like Men's Sheds. He also explores the efficiency of the private sector compared to government spending.If you have any questions, comments, or suggestions for Gene, please email him at contact@economicsexplored.com  or send a voice message via https://www.speakpipe.com/economicsexplored. Timestamps for EP254Introduction (0:00)Externalities and Market Efficiency (4:47)Government's Role in Addressing Externalities (11:30)Coase Theorem and Market Failures (19:43)Government Spending and Efficiency (26:31)Men's Sheds and Government Support (32:51)Scott Prasser's Critique of Government Spending (39:43)Balancing Government and Private Sector Roles (45:49)TakeawaysExternalities in Wealth Creation: Private markets can overlook externalities such as pollution or public health impacts, justifying government intervention in some cases.Incentives for Efficiency: Due to market competition, the private sector generally has stronger incentives for efficiency, while government projects typically lack the same discipline.Government Spending Criticism: Many government projects, particularly those done for political reasons, are inefficient and do not consistently deliver expected benefits.Cost-Benefit Analysis is Crucial: Government spending should be evaluated through cost-benefit analysis to avoid wasting public funds.Coase Theorem and Market Solutions: While private negotiation can theoretically resolve externalities (as per the Coase Theorem), it typically does not work in practice due to high transaction costs and imperfect information.Links relevant to the conversationRelevant previous episodes:Government vs Private Sector in Wealth Creation:https://economicsexplored.com/2024/07/05/government-vs-private-sector-who-generates-wealth-ep247/White Elephant Stampede:https://economicsexplored.com/2022/10/17/white-elephant-stampede-w-scott-prasser-ep161/Coase theorem paper - “Does the Coase theorem hold in real markets? An application to the negotiations between waterworks and farmers in Denmark”https://www.sciencedirect.com/science/article/pii/S0301479711003331Urbis review of Men's Sheds:https://www.health.gov.au/sites/default/files/documents/2022/01/review-of-support-for-the-men-s-shed-movement-current-state-report_0.pdfBeyond Blue Report on Men's Sheds:https://mensshed.org/wp-content/uploads/2022/05/Ultrafeed-beyondblue-Mens-Shed-in-Australia-Final-Executive-Report-2013.pdfLumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED 

Show Highlights: Discover blind spots in assessing external risks. [00:00:22] Negative externalities defined with examples. [00:03:56] The three whys of missing external-risk trends. [00:09:42] Learn the 'Don't Be a Bird' tactic to fight blindness. [00:14:47] How to perform external risk analysis as a team. [00:18:12] If you are interested in connecting with Joe, go to LinkedIn: https://www.linkedin.com/in/joemosher/, or schedule a call at www.moshercg.com.

Audio, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Video, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Rabash. Record 824. Internality and Externality

Audio, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Video, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Video, fre_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Video, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

Audio, eng_t_rav_2024-09-02_lesson_rb-0824-pnimiyut_n2_p1. Lesson_part :: Daily_lesson 2

S hostem Janem Zápalem z CERGE-EI se bavíme o environmentální ekonomii a zaměříme se na klíčový pojem „ekonomické externality“ a jaký je jejich význam pro ochranu klimatu. Externalitou se rozumí dopad na lidi, přírodu nebo společnost, který je způsobený jednáním aktérů na trhu. Pokud například vlastním uhelnou elektrárnu, z prodeje elektřiny mám zisk, ale dopad znečištění nese celá společnost – to je právě externalita. Na příkladech si vysvětlíme, jak vypadají pozitivní i negativní externality, objasníme, jak v základu fungují trhy a proč v některých případech klasické ekonomické poučky neplatí.  Důležitým aspektem práce s externalitami je jejich internalizace – tedy pokud bereme v potaz potenciální důsledky našeho jednání na někoho jiného. Řešení problémů externalit pak do určité míry spočívají právě v jejich internalizaci. Tedy jak zajistit, aby (zejména firmy) nesly náklady, které jejich externality způsobí. Jak lze s externalitami pracovat, jak je internalizovat a jaký dopad to má na udržitelný rozvoj a klimatickou politiku? I to je součástí naší diskuze.

Learning Deep Concepts from Rebbe Nachman Zya from Likutei Moharan 34 - 35 Bringing the Nekudah of Wisdom aka Chochma

Bees and Valencia oranges from my family's farm in rural central Florida provide a snapshot of externalities and transaction costs. A local beekeeper wasn't just a boon for our crops but also an illustration of Arthur Pigou's theories on the divergence between supply price and marginal supply price.  Real-world practices, such as apple orchard owners paying for pollination services while beekeepers pay for the privilege of orange blossom honey, reveal how market dynamics naturally balance costs and benefits. M.C. Munger. "The Lighthouse Myth." https://www.aier.org/article/the-lighthouse-myth/M.C. Munger. "Orange Blossom Special." https://www.econlib.org/library/Columns/y2008/Mungerbees.htmlJ.E. Meade, 1952, "External Economies and Diseconomies in a Competitive Situation." https://www.jstor.org/stable/2227173Shawn Regan, "How Capitalism Saved the Bees", PERC. https://www.perc.org/2017/07/20/how-capitalism-saved-the-bees/SNS Cheung, "Fable of the Bees." https://www.pauldeng.com/pdf/stevencheung/fableofbees.pdfBruce Frohnen and Ted McAllister, Character in the American Experience: An Unruly People.  https://rowman.com/ISBN/9781666914528/Character-in-the-American-Experience-An-Unruly-PeopleIf you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz

(Conversation recorded on May 5th, 2024)   Show Summary:  In this episode, Nate welcomes back Daniel Schmachtenberger to unpack a new paper, which he co-authored, entitled Development in Progress, an analysis on the history of progress and the consequences of ‘advancement'.  Current mainstream narratives sell the story that progress is synonymous with betterment, and that the world becomes better for everyone as GDP and economies continue to grow. Yet, this is an incomplete portrayal that leaves out the dark sides of advancement. What are the implications when only the victors of history write the narratives of progress and define societal values? What are the value systems embedded in our institutions and policies, and how do they reinforce the need for ongoing growth at the expense of the natural world and human well-being? Finally, how do we change these dynamics to form a new, holistic definition of progress that accounts for the connectedness of our planet to the health of our minds, bodies, and communities? The full paper discussed in this episode will be available on The Consilience Project website in the near future.   About Daniel Schmachtenberger: Daniel Schmachtenberger is a founding member of The Consilience Project, aimed at improving public sensemaking and dialogue.  The throughline of his interests has to do with ways of improving the health and development of individuals and society, with a virtuous relationship between the two as a goal. Towards these ends, he's had a particular interest in catastrophic and existential risk, with focuses on civilization collapse and institutional decay. His work also includes an analysis of progress narratives, collective action problems, and social organization theories. These themes are all connected through close study of the relevant domains in philosophy and science.   For Show Notes and More visit: thegreatsimplification.com/episode/daniel-schmachtenberger-7   To watch this video episode on Youtube → https://youtu.be/tmusbHBKW84 0:00 - Introduction 0:46 - Guest Introduction: Daniel Schmachtenberger 2:24 - Personal Catch-Up and Observations 3:55 - Paper on Development and Progress 6:19 - Definition and Importance of Progress 11:03 - Critique of Technological Advancement 14:05 - Historical Context of Progress Narratives 18:53 - Social Structures and Restraint 21:21 - Technological Efficiency and Wisdom 27:41 - Climate Change and Technological Solutions 30:32 - Historical Analysis of Conquerors 35:30 - Multipolar Traps and Progress 45:01 - Asymmetry and Power in Evolution 46:29 - Definitions of Progress 47:15 - Ecological and Economic Risks 52:54 - Case Studies of Externalities 56:14 - Corporate Personhood and Sociopathy 1:02:22 - Influence of Dominant Narratives 1:09:09 - Global Coordination and AI 1:11:51 - Self-Terminating Path of Winning 1:13:45 - Addressing Systemic Ecological Issues 1:20:17 - Human Wisdom and Restraint 1:23:27 - Jevons Paradox and Energy Efficiency 1:30:07 - Historical Analysis of Warfare 1:35:30 - Cancer and Industrial Toxins 1:39:03 - Influence of Dark Triad Traits 1:45:01 - Environmental Impact of Corporations 1:52:54 - Long-Term Ecological Solutions 2:00:27 - Role of Education in Progress 2:07:02 - Ethical Considerations in Technology 2:13:45 - Philosophical Foundations of Progress 2:20:17 - Addressing Social Inequality 2:23:27 - Integrating Traditional Knowledge 2:30:07 - Future Prospects and Challenges 2:35:30 - Personal Reflections and Closing Thoughts

Episode 271: Quick Chat - Reframing Happiness with Cortney McDermottWelcome to the Love Your Story Podcast. I'm your host Lori Lee and you're here today for a Quick Chat. That's one great inspirational idea in 15 minutes or less. Today's show is about reframing happiness. Stay tuned for a quickie discussion with Corney McDermott, Author of Give Yourself Permisson, as we explore the idea of shifting the way you think about happiness so we can more easily find it. Join us in the audio program as we discuss:In the Wizard of Oz Dorthy goes on an adventure to find her way home. She heads out on this path - the Yellow Brick Road searching, along her path she has the support of the Good Witch Glenda looking out for her, she has companions who are learning along the journey also, and in the end she finds that no one else - no wizard existed who could do it for her…. I think in a way we all take this journey. We are told - no sold - all day long that we need this product, that promotion, this coach, this corner office and then we will be happy, but Cortney points out in her book - “if the something or someone isn't pointing back to yourself, then it simply won't work.” We talk about:Where do we find happy? What is this reframing happiness you speak of?In your book you say, “Aligning your ego to the divine truths in you is like a constant spontaneous enlightenment that doe snot rely on anything or anyone outside of you for its fulfillment.” Can you explain this?Happiness is an inside work.We are sold what happiness should be - what if our happiness doesn't align with what we are "supposed" to want?Most of the time we don't question this - but what happens when you equate happiness with "all the things and all the gold stars" and you still aren't happy.What if happy to me doesn't look like happy to everyone else?Externalities don't solve the problemsThe work is in your head.Accept what makes YOU happy. Even if it's different.You are okay with doing it YOUR way.Move away from what is distracting you from your own happiness.Dedicate more time to what your happiness looks like. Start small but build up your devotion to you.Focus on the self enough so you can experience the most from your relationships.Don't force things. Ease in and allow things to flow.Cortney shares a story of her own emotional youth. She shares how important it was to learn to accept her own depth of feeling.What does YOUR happiness feel like?Thanks for being with us today. And thanks to Cortney McDermott, author of Give Yourself Permission for co-hosting the past 3 Quick Chats with me and sharing her powerful insights.If you liked this episode - please consider sharing it with a friend. It's all about doing good in the world and this is an easy way to share inspiration in your sphere. We'll see you in two weeks for our next episode.Contact Cortney or buy her book:www.cortney mcdermott.comemail: cort@cortinc.comBook: Give Yourself PermissionAmazon Link to purchase:

Byron Carson is an associate professor of economics and business at Hampton-Sydney College in Virginia. He is also the author of a recently published book, Challenging Malaria, which we talk about today. He explains to us what malaria is and the different ways that individuals and private interests responded to it before the invention of pesticides. We talk about why it is so difficult for larger groups to respond quickly and how individuals moving towards an emergency solution can align with societal interests. He gives examples of private malaria prevention action and private COVID prevention action, giving us insight into how we as members of our communities can solve problems held up by collective action. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Objectify your desires to truly understand what it is that you're chasing. This will ensure your desires do not become passions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/thestoicsage/message Support this podcast: https://podcasters.spotify.com/pod/show/thestoicsage/support

Back at it again, as we coerce you into listening to Part 2 of our four part series on Libertarianism, with Mr. Bruce Nielson (@bnielson01). In this episode we cover the Economic Issues section of Scott Alexander's (non-aggressive and principled) non-libertarian FAQ (https://slatestarcodex.com/2017/02/22/repost-the-non-libertarian-faq/), and discuss his four major economic critiques of the libertarian view that free and voluntary trade between consenting, informed, rational individuals is the best possible thing ever, with no downsides at all. Also, can we interest you in buying some wasps? We discuss Loose ends from last episode - coercion and the Non-Aggression Principle What distinguishes a conservative like Bruce from a libertarian? Externalities Boycotts and Coordination Problems Irrational Choices Lack of Information References The Non-libertarian FAQ (https://slatestarcodex.com/2017/02/22/repost-the-non-libertarian-faq/) Planet Money on the Porcupine Freedom Festival (https://www.npr.org/sections/money/2017/06/28/534735727/episode-286-libertarian-summer-camp) Vaden's blog posts on Libertarianism / Austrian Economics / Anarcho-Captialism / Whateveryawannacallit First: Is Austrian Economics the Best Explanation of Economics? (https://vmasrani.github.io/blog/2023/aecr-challenge/) Second: Can we predict human behaviour? A discussion with Brett Hall (https://vmasrani.github.io/blog/2023/predicting-human-behaviour/) Quotes The Argument: In a free market, all trade has to be voluntary, so you will never agree to a trade unless it benefits you. Further, you won't make a trade unless you think it's the best possible trade you can make. If you knew you could make a better one, you'd hold out for that. So trades in a free market are not only better than nothing, they're also the best possible transaction you could make at that time. Labor is no different from any other commercial transaction in this respect. You won't agree to a job unless it benefits you more than anything else you can do with your time, and your employer won't hire you unless it benefits her more than anything else she can do with her money. So a voluntarily agreed labor contract must benefit both parties, and must do so more than any other alternative. If every trade in a free market benefits both parties, then any time the government tries to restrict trade in some way, it must hurt both parties. Or, to put it another way, you can help someone by giving them more options, but you can't help them by taking away options. And in a free market, where everyone starts with all options, all the government can do is take options away. The Counterargument: This treats the world as a series of producer-consumer dyads instead of as a system in which every transaction affects everyone else. Also, it treats consumers as coherent entities who have specific variables like “utility” and “demand” and know exactly what they are, which doesn't always work. - https://slatestarcodex.com/2017/02/22/repost-the-non-libertarian-faq/ What is an externality? 1.1: What is an externality? An externality is when I make a trade with you, but it has some accidental effect on other people who weren't involved in the trade. Suppose for example that I sell my house to an amateur wasp farmer. Only he's not a very good wasp farmer, so his wasps usually get loose and sting people all over the neighborhood every couple of days. This trade between the wasp farmer and myself has benefited both of us, but it's harmed people who weren't consulted; namely, my neighbors, who are now locked indoors clutching cans of industrial-strength insect repellent. Although the trade was voluntary for both the wasp farmer and myself, it wasn't voluntary for my neighbors. Another example of externalities would be a widget factory that spews carcinogenic chemicals into the air. When I trade with the widget factory I'm benefiting – I get widgets – and they're benefiting – they get money. But the people who breathe in the carcinogenic chemicals weren't consulted in the trade. 2.3: How do coordination problems justify regulation of ethical business practices? ... Let's say Wanda's Widgets has one million customers. Each customer pays it $100 per year, for a total income of $100 million. Each customer prefers Wanda to her competitor Wayland, who charges $150 for widgets of equal quality. Now let's say Wanda's Widgets does some unspeakably horrible act which makes it $10 million per year, but offends every one of its million customers. There is no incentive for a single customer to boycott Wanda's Widgets. After all, that customer's boycott will cost the customer $50 (she will have to switch to Wayland) and make an insignificant difference to Wanda (who is still earning $99,999,900 of her original hundred million). The customer takes significant inconvenience, and Wanda neither cares nor stops doing her unspeakably horrible act (after all, it's giving her $10 million per year, and only losing her $100). The only reason it would be in a customer's interests to boycott is if she believed over a hundred thousand other customers would join her. In that case, the boycott would be costing Wanda more than the $10 million she gains from her unspeakably horrible act, and it's now in her self-interest to stop committing the act. However, unless each boycotter believes 99,999 others will join her, she is inconveniencing herself for no benefit. Furthermore, if a customer offended by Wanda's actions believes 100,000 others will boycott Wanda, then it's in the customer's self-interest to “defect” from the boycott and buy Wanda's products. After all, the customer will lose money if she buys Wayland's more expensive widgets, and this is unnecessary – the 100,000 other boycotters will change Wanda's mind with or without her participation. 3.1: What do you mean by “irrational choices”? A company (Thaler, 2007, download study as .pdf) gives its employees the opportunity to sign up for a pension plan. They contribute a small amount of money each month, and the company will also contribute some money, and overall it ends up as a really good deal for the employees and gives them an excellent retirement fund. Only a small minority of the employees sign up. The libertarian would answer that this is fine. Although some outsider might condescendingly declare it “a really good deal”, the employees are the most likely to understand their own unique financial situation. They may have a better pension plan somewhere else, or mistrust the company's promises, or expect not to need much money in their own age. For some outsider to declare that they are wrong to avoid the pension plan, or worse to try to force them into it for their own good, would be the worst sort of arrogant paternalism, and an attack on the employees' dignity as rational beings. Then the company switches tactics. It automatically signs the employees up for the pension plan, but offers them the option to opt out. This time, only a small minority of the employees opt out. That makes it very hard to spin the first condition as the employees rationally preferring not to participate in the pension plan, since the second condition reveals the opposite preference. It looks more like they just didn't have the mental energy to think about it or go through the trouble of signing up. And in the latter condition, they didn't have the mental energy to think about it or go through the trouble of opting out. If the employees were rationally deciding whether or not to sign up, then some outsider regulating their decision would be a disaster. But if the employees are making demonstrably irrational choices because of a lack of mental energy, and if people do so consistently and predictably, then having someone else who has considered the issue in more depth regulate their choices could lead to a better outcome. 4.1: What do you mean by “lack of information”? Many economic theories start with the assumption that everyone has perfect information about everything. For example, if a company's products are unsafe, these economic theories assume consumers know the product is unsafe, and so will buy less of it. No economist literally believes consumers have perfect information, but there are still strong arguments for keeping the “perfect information” assumption. These revolve around the idea that consumers will be motivated to pursue information about things that are important to them. For example, if they care about product safety, they will fund investigations into product safety, or only buy products that have been certified safe by some credible third party. The only case in which a consumer would buy something without information on it is if the consumer had no interest in the information, or wasn't willing to pay as much for the information as it would cost, in which case the consumer doesn't care much about the information anyway, and it is a success rather than a failure of the market that it has not given it to her. In nonlibertarian thought, people care so much about things like product safety and efficacy, or the ethics of how a product is produced, that the government needs to ensure them. In libertarian thought, if people really care about product safety, efficacy and ethics, the market will ensure them itself, and if they genuinely don't care, that's okay too. Socials Follow us on Twitter at @IncrementsPod, @BennyChugg, @VadenMasrani Come join our discord server! DM us on twitter or send us an email to get a supersecret link Help us negative positive externalities and get exclusive bonus content by becoming a patreon subscriber here (https://www.patreon.com/Increments). Or give us one-time cash donations to help cover our lack of cash donations here (https://ko-fi.com/increments). Click dem like buttons on youtube (https://www.youtube.com/channel/UC_4wZzQyoW4s4ZuE4FY9DQQ) How much would you pay for a fresh nest of high quality, free range wasps? Tell us over at incrementspodcast@gmail.com Special Guest: Bruce Nielson.

Unlock the secrets of the energy market evolution with economist Professor Lynn Kiesling, who brings her expertise on transaction costs and the digital transformation of the electricity industry to our table. Our energized discussion orbits around the innovative world of Distributed Energy Resources (DERs), where we explore the shift from consumers to proactive producers, thanks to technologies like rooftop solar panels and home energy storage. Professor Kiesling, drawing from her academic journey and reverence for Ronald Coase's work, delves into the institutional structure of production within firms and imparts her wisdom on navigating the complex regulatory frameworks that shape our smart grid technologies.Also, 4 new TWEJ's, and a letter. It's the January TAITC!This month's guest:  Lynne Kiesling:  https://lynnekiesling.com/Our paper:  Theisen, Kiesling, and Munger, "Airbnb to solar: electricity market platforms as local sharing economies."   Public Choice: 2022  Lynne's Substack: "Are We Talking Ourselves Out of Progress?"Lynne's Substack:  "Pareto-relevant Externalities (You don't have to internalize everything, folks!)Links:Buchanan and Stubblebine, "Externality." Economica.  Russ Roberts and the parable of the wind and the sun:   https://www.econtalk.org/david-mcraney-on-how-minds-change/Amory Lovins (cold beer, hot shower, "Nega-Watts"): https://en.wikipedia.org/wiki/Amory_LovinsOhtani's contract, from REASON:  https://reason.com/2023/12/15/baseball-star-shohei-ohtanis-new-contract-is-a-massive-tax-avoidance-scheme-nice/If you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Public Fundraising has Positive Externalities, published by Larks on December 26, 2023 on The Effective Altruism Forum. Epistemic status: revealed to me in a dream Summary: fundraising from the public has positive externalities: it also functions as outreach and red-teaming. If organizations have not taken this into account they may have under-invested in public outreach and should do more of it. A simplistic approach Here is a simple model for how a normal organization might think about fundraising: A: Estimate how much money you expect to be able to raise from fundraising activities. B: Estimate how useful that money would be to you. C: Estimate the costs of fundraising (e.g. staff time). If B > C, do fundraising! If not, skip it for now. My claim is this is a bad model for EA orgs, because it misses a significant fraction of the benefits. Field-building benefits Soliciting donations from the general public is generally quite hard. The skills required to do this are often quite different from those involved in running the organization's core operations, and can be a significant distraction. It is hard to convince people what you're doing is a good idea, and even those who agree often don't donate. But this is not wasted effort: the difficulty in converting agreement into donations means that fundraisers are effectively subsidizing outreach. The people who read your work but don't hand over their credit card details might be sold on the mission but skeptical of the team… so they donate to another org. Or they might be a student with limited liquid assets but willing to apply for jobs in the space in a few years. Or they might bring up the idea to their friends, or answer an online poll, or change their vote. Each of these seem pretty valuable - for example, it seems plausible to me that a large fraction of the value of SIAI's fundraising efforts might have come from these channels, rather than via directly increasing SIAI's budget. Epistemic benefits Fundraising can also be unpleasant because it opens yourself up to criticism. If you're just doing your own thing with one or two large donors, you have little need to explain yourself to anyone else. You need to appeal to the big foundations, but you probably have a decent idea of what they want, and they're also likely to be pretty busy. Even if they say no, they're unlikely to send you a long message about how you are bad and your organization is bad and you should feel bad. In contrast, having the audacity to run a public fundraiser naturally invites questions and criticisms from people who are skeptical of your effectiveness and theory of change. These critics have no obligation to represent a single perspective or agree with each other, so you may find yourself being attacked from multiple directions at once. However, this may be one of the only sources of feedback your org can get, especially if you are small. For the same reasons peer review, flawed as it is, is useful in science, your org can potentially benefit from feedback and questioning and critique of your assumptions, plans and execution. Fundraising from the broader group of EAs can attract high quality criticism from similarly-minded people; raising from a broader audience could potentially attract feedback from a wider range of perspectives. There is something of a principal-agent problem here; for the staff, criticism is unpleasant. For the organization, it is a mixed bag, because good criticism, even if harshly worded, can help them improve. And from the perspective of the broader movement it seems very good, because damning public criticism helps avoid grant misallocation. So my guess is that, from an impartial point of view, organizations under-invest in exposing themselves to public scrutiny. You could think of this argument as being somewhat ana...

In this episode, CII General Counsel Jeff Mahoney interviews Robert R. Carnes, an Assistant Professor at the Warrington College of Business at the University of Florida. Professor Carnes is a co-author of a recent research paper entitled "Externalities of Financial Statement Fraud on the Incoming Accounting Labor Force."

In today's episode I chat with one of my favourite thinkers and writers: Jamie Wheal. I got to know Jamie through our mutual interest in, well, the hot mess that our civilization seems to be going through, and I knew he'd make a great guest for Win-Win because he's one of those rare folks who can combine both intellectual rigor and a deep love for physicality and nature. So as well as discussing game theory and the meaning crisis and all that good stuff, we also get into his discoveries studying human "flow states" - he's the co-founder of the Flow Genome Project, as well as the author of the bestselling books Stealing Fire and Recapture the Rapture. If you enjoy this episode, I highly recommend you check out his blog linked below. Chapters 00:00:00 - Intro 00:01:30 - Childhood Games 00:03:23 - Flow States 00:18:24 - Flow Genome Project 00:23:27 - The Meaning Crisis 00:32:00 - Moloch 00:36:12 - Seeking Win-Win Games 00:48:51 - AI Concerns and Risks 00:53:24 - Protecting oneself from cynicism 01:12:51 - Fostering Community 01:15:16 - Book Recommendations 01:19:40 - The Goal of the Cosmic Game Links ♾️  Jamie Wheal's Substack https://jamiewheal.substack.com/ ♾️  Stealing Fire by Jamie Wheal https://www.harpercollins.com/products/stealing-fire-steven-kotlerjamie-wheal?variant=32121993101346 ♾️  Recapture the Rapture by Jamie Wheal https://www.recapturetherapture.com/ ♾️  Flow Genome Project https://www.flowgenomeproject.com/ ♾️  Group Flow https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6312318/ ♾️  Bob Kegan https://www.gse.harvard.edu/directory/faculty/robert-kegan ♾️  Finite and Infinite Games by James Carse https://www.goodreads.com/en/book/show/189989 ♾️  Problems with Externalities and Capitalism - Substack ♾️  Bittersweet by Susan Cain https://susancain.net/book/bittersweet/ ♾️  Dawn of Everything by David Graeber https://us.macmillan.com/books/9780374157357/thedawnofeverything ♾️  Sand Talk by Tyson Yunkaporta https://www.harpercollins.com/products/sand-talk-tyson-yunkaporta?variant=32280908103714 ♾️  John Lilly Wikipedia Page https://en.wikipedia.org/wiki/John_C._Lilly   ♾️ The Win-Win Podcast: Poker champion Liv Boeree takes to the interview chair to tease apart the complexities of one of the most fundamental parts of human nature: competition. Liv is joined by top philosophers, gamers, artists, technologists, CEOs, scientists, athletes and more to understand how competition manifests in their world, and how to change seemingly win-lose games into Win-Wins.   Credits Hosted by Liv Boeree Produced & Edited by Raymond Wei Audio Mix by Keir Schmidt

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Interpretability Externalities Case Study - Hungry Hungry Hippos, published by Magdalena Wache on September 20, 2023 on The AI Alignment Forum. Some people worry about interpretability research being useful for AI capabilities and potentially net-negative. As far as I was aware of, this worry has mostly been theoretical, but now there is a real world example: The hungry hungry hippos (H3) paper. Tl;dr: The H3 paper Proposes an architecture for sequence modeling which can handle larger context windows than transformers Was inspired by interpretability work. (Note that the H3 paper is from December 2022, and it was briefly mentioned in this discussion about publishing interpretability research. But I wasn't aware of it until recently and I haven't seen the paper discussed here on the forum.) Larger Context Windows The H3 paper proposes a way to use state space models (SSMs) for language models instead of attention. With an SSM it's possible to model longer sequences. Using attention, the compute for context window length n scales with O(n2). Using the SSM based architecture, the compute scales with O(nlog(n)). Inspired by Interpretability Work The paper mentions that the work was inspired by Anthropic's In-context learning and induction heads paper. E.g. they write We provide an informal sketch of a two-layer attention model that can solve the associative recall task, inspired by the construction of [In-context learning and induction heads paper]. There is also the "Hyena paper" which builds on the H3 paper, and was also inspired by the induction heads paper: This work would not have been possible without [...] inspiring research on mechanistic understanding of Transformers (Olsson et al. 2022; Power et al. 2022; Nanda et al. 2023). My Takes These two papers in particular will probably not shorten AI timelines much. It seems unlikely that this type of architecture ends up being the state of the art. However, the example makes me take the downsides of publishing interpretability research more seriously. Even if this work itself is not a key capability milestone, it shows that there is truth in the argument "If we understand systems better, it will not just be useful for safety but also lead to capability advancements" Capabilities externalities are a strong argument that most (good) interpretability research should not be published There are alternative ways to distribute research which are less risky than publishing. We can probably learn something by studying military research practices which have a similar use case of "make research accessible to other researchers while preventing it from becoming public" The constraints are less strict than with military research because there is not an adversary force trying really hard to get access. Maybe this is already relatively common (I would not know of most unpublished research) On the other hand, interpretability research is probably crucial for AI alignment. I think it is possible but unlikely that we get alignment without extremely good interpretability. The cost of keeping interpretability research private is really high. Publishing is a great driver of scientific progress. Overall, publishing interpretability research seems both pretty risky, and extremely valuable, and it's not clear to me if it is worth it. Your Takes? I would be really interested to see a discussion about this! How big a deal are the H3 and Hyena papers? Does this example change your mind about whether publishing (or even doing) interpretability research is a good idea? Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org.

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Interpretability Externalities Case Study - Hungry Hungry Hippos, published by Magdalena Wache on September 20, 2023 on LessWrong. Some people worry about interpretability research being useful for AI capabilities and potentially net-negative. As far as I was aware of, this worry has mostly been theoretical, but now there is a real world example: The hungry hungry hippos (H3) paper. Tl;dr: The H3 paper Proposes an architecture for sequence modeling which can handle larger context windows than transformers Was inspired by interpretability work. (Note that the H3 paper is from December 2022, and it was briefly mentioned in this discussion about publishing interpretability research. But I wasn't aware of it until recently and I haven't seen the paper discussed here on the forum.) Larger Context Windows The H3 paper proposes a way to use state space models (SSMs) for language models instead of attention. With an SSM it's possible to model longer sequences. Using attention, the compute for context window length n scales with O(n2). Using the SSM based architecture, the compute scales with O(nlog(n)). Inspired by Interpretability Work The paper mentions that the work was inspired by Anthropic's In-context learning and induction heads paper. E.g. they write We provide an informal sketch of a two-layer attention model that can solve the associative recall task, inspired by the construction of [In-context learning and induction heads paper]. There is also the "Hyena paper" which builds on the H3 paper, and was also inspired by the induction heads paper: This work would not have been possible without [...] inspiring research on mechanistic understanding of Transformers (Olsson et al. 2022; Power et al. 2022; Nanda et al. 2023). My Takes These two papers in particular will probably not shorten AI timelines much. It seems unlikely that this type of architecture ends up being the state of the art. However, the example makes me take the downsides of publishing interpretability research more seriously. Even if this work itself is not a key capability milestone, it shows that there is truth in the argument "If we understand systems better, it will not just be useful for safety but also lead to capability advancements" Capabilities externalities are a strong argument that most (good) interpretability research should not be published There are alternative ways to distribute research which are less risky than publishing. We can probably learn something by studying military research practices which have a similar use case of "make research accessible to other researchers while preventing it from becoming public" The constraints are less strict than with military research because there is not an adversary force trying really hard to get access. Maybe this is already relatively common (I would not know of most unpublished research) On the other hand, interpretability research is probably crucial for AI alignment. I think it is possible but unlikely that we get alignment without extremely good interpretability. The cost of keeping interpretability research private is really high. Publishing is a great driver of scientific progress. Overall, publishing interpretability research seems both pretty risky, and extremely valuable, and it's not clear to me if it is worth it. Your Takes? I would be really interested to see a discussion about this! How big a deal are the H3 and Hyena papers? Does this example change your mind about whether publishing (or even doing) interpretability research is a good idea? Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org

Chicago attorney, Brendan Cournane, leads off talking NIL in college athletics. Joel Elconin of Benzinga talks $AAPL and market-timing strategies. Kenny Polcari, Chief Market Strategist at SlateStone Wealth and a contributor to Fox Business, continues the $AAPL discussion before talking economic indicators including unemployment. Professor of Economics, Dr. Hal Snarr, calls in to talk Artificial Intelligence, the college sports landscape, […]

Should we tax negative externalities like air pollution? Join us for a thought-provoking debate on one of London's most contentious policies, Sadiq Khan's Ultra Low Emission Zone (ULEZ). Andy Mayer, the Energy Analyst at the Institute of Economic Affairs, argues against the ULEZ scheme, emphasising its potential economic and social implications. On the other side of the debate, Daniel Freeman, Research Assistant at the Institute of Economic Affairs, makes the case for the ULEZ, highlighting its positive impact on environmental sustainability and public health. Moderating this debate is Reem Ibrahim, the Communications Officer and Linda Whetstone Scholar at the IEA.

Walter walks us through how clubs can not be analogous to government in any capacity on the basis of voluntary participation and funding. we also discover how public goods such as a light house do NOT justify a levy on individuals due to the nature of mutually assured " public" benefit.

Why do we need prices in an economy and how are they generated differently in a Participatory Economy compared to a Capitalist Economy?This episode of PEP Talk is all about prices. What are “indicative prices'' in the annual participatory planning procedure? What are opportunity costs, social costs and “externalities”? What's the problem with prices generated in capitalist economies and how are they more accurate in a Participatory Economy?Support the Show.Website: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

A conversation with Helmy Abouleish, CEO of SEKEM, a legendary bio-dynamic farm in Egypt, about growing an agriculture company with 2000 farmers in the desert of Egypt, carbon credits and more.---------------------------------------------------Join our Gumroad community, discover the tiers and benefits on www.gumroad.com/investinginregenag. Support our work:Share itGive a 5-star ratingBuy us a coffee… or a meal! www.Ko-fi.com/regenerativeagriculture----------------------------------------------------More about this episode on https://investinginregenerativeagriculture.com/helmy-abouleish.Find our video course on https://investinginregenerativeagriculture.com/course.----------------------------------------------------The above references an opinion and is for information and educational purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.Support the showFeedback, ideas, suggestions? - Twitter @KoenvanSeijen - Get in touch www.investinginregenerativeagriculture.comJoin our newsletter on www.eepurl.com/cxU33P! Support the showThanks for listening and sharing!

Humans respond to incentives, and so incentives predict behavior and sometimes the behavior can be detrimental. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules van Binsbergen discuss a range of less obvious examples of how incentives produce negative externalities — long legal contracts, negative news stories, dumb traffic lights, overly pessimistic disaster prediction and other examples. All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week's discussion covered a recent story about a local woman who is pushing back against the regulations banning gardening and keeping bees as a business in the city of Ottawa KS. Join us as the Gwartney Team discusses entrepreneurship, home businesses, and property rights. Timeline: Restrict the Business / 3.00 Government is thinking of Externalities? / 6.30 Private Solutions or Collective Action / 13.15 People require too much of one another? / 19.30 Reduced competition / 22.45 Vote with your feet / 27.00 https://kansasjusticeinstitute.org/case/right-to-earn-selling-home-raised-honey/

In this episode, Claudia speaks to Simon Hombersley,  CEO of Xampla, a company that has developed natural alternatives to single-use plastics. Simon tells us about the importance of reaching price parity with traditional plastics, minimizing negative externalities and why business and policy are critical to achieving net-zero.

Far Middle episode 95 begins with Nick offering, “everything you wanted to know about daylight saving time but were afraid to ask.” And on the topic of time, Nick dedicates this episode to “The Iron Man,” Cal Riken Jr., who in 1995 broke Lou Gehrig’s consecutive games played streak by playing in his 2,131st straight game, a streak that spanned 17 years. In total, Ripken’s streak reached 2,632 games, “the equivalent of 16 seasons without missing a game.” Nick says you have time to sleep on this record as the soonest it could be broken by an active player would be in about a dozen years. Leaving the ballpark, Nick proceeds along this episode’s string of connections, a format that's the hallmark of The Far Middle and an ongoing tribute to the great Dr. James Burke. “Cal Ripken is in the history books because of math; math has the ability to clarify the exceptional and to bring truth to a situation,” explains Nick as he delves into the math of externality accounting in the energy sector. Externalities look to capture the true net costs or benefits of an activity to society, quantifying direct and indirect impacts, both positive and negative. The subject of externalities has always interested Nick. And that interest was recently reawakened following the request by a professor performing a study on externalities, asking Nick to offer his view on competitor natural gas-producing companies that tend to understate their companies’ environmental impact. “I saw this request as an opportunity to take a holistic view of the energy landscape and the context of energy externality accounting,” says Nick as he begins to walk through his response to the professor (explore further in Nick’s commentary, “Crunching the Numbers: Energy Source Externality Accounting”). As a precursor to the professor’s request, Nick argues that externalities should be first analyzed on an energy source-versus-energy source basis, in other words, domestic natural gas compared to wind or solar energy sources. Following the discussion of energy externality accounting, Nick springs backward to 1961 and the movie, Judgment at Nuremberg. “The movie deals with heavy, fascinating themes,” says Nick, analogizing the film to “a mental tennis match,” and suggesting it be required viewing for every American high school student.

IN THIS EPISODE: There has been an increasing level of attention paid to the negative environmental impact of the fashion industry. And as consumers increasingly seek out brands that are environmentally conscious, change is in the making. In this episode our host, Philip Guarino, is joined by Stephanie Sarka CEO & Co-Founder of 1 Atelier. Together they talk about these trends and how her innovative handbag company is addressing this increasing opportunity- and delighting customers. 1Atelier's is out to build a stronger connection with their market by extending the joy of creation. Their customers are able to design a one of a kind bag made from sustainable materials and methods. With the fight against global warming, consumers are now more conscious of how products are made and how they can decrease their carbon footprint. It's no wonder that business models and value chains are evolving to meet these demands. Tune in to hear from this retail expert and entrepreneur on the pathway to making your venture more sustainable — and how to attract customers while you do it! GUEST BIO: Stephanie Sarka is the Co-Founder & CEO of 1 Atelier, where they are leveraging technology to reinvent luxury.Graduating from Stanford, Stephanie started in M&A at Goldman Sachs. Realizing that she is a builder, not a banker, she spent a year running marketing for IFF in Paris before getting her MBA at HBS. She then worked at Coach for 7 years as Handbag Product Manager and GM of Mark Cross, the American luxury goods brand. Stephanie co-founded GoTo.com in 1998, where they invented the “Paid Search” business model. They took the company public in 1999 and grew it to ~$1 billion in revenue before selling it to Yahoo for $1.6 billion in 2003.

Jennifer Grancio is Chief Executive Officer at Engine No. 1,  an investment firm that identifies value creation opportunities in once in a generation systems changes the economy is now going through. She is based in the San Francisco area. She previously founded and ran her own firm advising CEOs and accelerating revenue growth. Prior to that was a Managing Director at Blackrock where she led businesses and global distribution teams for close to 20 years. She is a Board Member   of the MannKind Corporation and Ethic Investments.Our conversation starts with Jennifer's upbringing on the East Coast, her pursuit of International Relations at Stanford and how this turned her towards management consulting. We analyze the skillset that that discipline brought to her later move to the investment world. In particular management consulting involves a deep analysis of company business models, supply chains and drivers.  This ability to dissect the drivers of a business would prove to be helpful later when the focus turned to the sustainability of those drivers and ultimately the business. We move then to Engine No. 1 and its focus and dig in to many complex issues such as the future of ESG, whether the name and umbrella title is still fit for purpose, how different companies are navigating the energy transition and how collaboration and activism can work together to further this.  We also discuss the importance of Board Representation, what it means to have a climate confident or climate competent board and the likely future evolution of this branch of governance. The discussion on the integration of sustainability targets with sustainable business models is a detailed one, and we turn to whether there is a case for optimism in this area, where the stakes are high and sometimes overwhelming. Series 2 of 2023 is kindly sponsored by Beach Point Capital Advisors, an investment manager that believes in investment beyond the traditional.  It specializes in credit investments and employs a flexible, value-oriented, risk-controlled focusing on complex and less well-followed opportunities.  You can find all of our podcasts on The Fiftyfaces Hub, Apple Podcasts, Spotify or wherever you get your podcasts. 

A conversation with Douglas Eger, CEO and founder of Intrinsic Exchange Group, about how to value nature and make it the centre of our economy and not some non-calculated externality, and more.---------------------------------------------------Join our Gumroad community, discover the tiers and benefits on www.gumroad.com/investinginregenag. Support our work:Share itGive a 5-star ratingBuy us a coffee… or a meal! www.Ko-fi.com/regenerativeagriculture----------------------------------------------------More about this episode on https://investinginregenerativeagriculture.com/douglas-eger.Find our video course on https://investinginregenerativeagriculture.com/course.----------------------------------------------------The above references an opinion and is for information and educational purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Support the showFeedback, ideas, suggestions? - Twitter @KoenvanSeijen - Get in touch www.investinginregenerativeagriculture.comJoin our newsletter on www.eepurl.com/cxU33P! Support the showThanks for listening and sharing!

Glencore admitted to bribery in five African countries between 2011 and 2016. A £276 million payment ordered by a UK court highlights the financial risks of bribery. We take a look at the company's broader ESG risks and how its operations create positive and negative externalities. And then, with COP27 in full swing, we walk through how climate change could affect the insurance industry.Host: Bentley Kaplan, MSCI ESG ResearchGuests: Sam Block & Cody Dong, MSCI ESG Research

On this episode, the gang and our special guests talk about the controversy behind our electric cars. The crew also debates whether or not these electric cars are better or worse for our future.

✨ Subscribe to the Green Pill Podcast ✨ https://availableon.com/greenpill 

Ethereum is the second biggest thing in crypto, and it may one day flip Bitcoin in market cap. But the big news around Vitalik's creation is the upcoming switch from proof-of-work to proof-of-stake. We have questions and concerns about this major change in how the Ethereum chain will operate.  So today we welcome Matt Cutler of Blocknative to the show to answer all our questions about the Ethereum merge. Someone call 911 because it's an Ethmergency on episode #630 of The Bad Crypto Podcast. Full Show Notes at:  00:00 - Intro - Twitter and jokes; don't miss 08:02 - Matt Cutler, CEO of Blocknative 08:43 - A pre-chan internet? Is that possible? Matt gives his history in the technology space 09:40 - What is Blocknative?  11:03 - When did you get on board with blockchain and crypto?  12:25 - Early introduction to the Internet, and a comparison to the current early cryptocurrency market and adoption.  14:18 - What's broken with Ethereum that we even need to move from POW to POS?  15:12 - We need more scalability for transactions beyond the current 13-14 transactions per second. Matt explains.  16:50 - In order to get to a future state without sacrificing decentralization, Ethereum determined it would be best to move from POW to POS.  17:25 - In a POW system, you need to operate computers to solve problems on the network, which also require large amounts of energy to operate. Externalities include the conversion of cryptocurrency to fiat to afford operating the system. These are problems proof-of-stake can solve. 18:45 - Reduced energy impact of operating the network is a benefit. 19:45 - What is the easiest, dumbed down way to explain the Ethereum Merge?  22:28 - What are we going to see? Are we going to see lower gas fees?  24:48 - Is there going to be a time where the Ethereum miners are going to be upset and earning less money? Will that cause people to flock to Ethereum Classic? 28:51 - Miles Sudor makes the case this merge is extremely dangerous for some of the reasons you mentioned, including UDC basically decides which chain wins and which chain loses. All of this introduces due to the OFAC regulation that base layer protocol censorship would be introduced on Ethereum, meaning very centralized crypto, which is not what Ethereum was intended to be. What are your thoughts on that?  36:41 - According to my research, there are over 4,000 ERC-20 tokens. What about those tokens? Will the Merge be noticeable to them? Will they have to upgrade their tokens?  42:32 - Let's play a game here, and I want you to think about a nightmare scenario. What is the worst thing that could happen if everything goes belly-up here?  43:30 - The nightmare scenario for any chain - Bitcoin, Ethereum - is that the network stops producing blocks. 45:18 - This is a big event in technology.  45:55 - What's the best case scenario? People are saying this is like a triple-halvening.  49:25 - What is Vitalik saying about the Merge?  49:50 - What should people be thinking about doing now, because if it is proof of stake, where and how should we be staking our Ethereum to earn other Ethereum? What are the parameters around that and how does that work?  51:00 - How do people stake?  01:00:00 - Outro with Joel's golf story  SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Externalities will make it easier for you to do certain things, but it will always be you who'll end up deciding what to do. Take responsibility. Listen up! Show Notes: [10:20]#1 Opportunity cannot make you change internally. It can lead you to change but you're going to have to make that choice. [20:32]#2 Correlation vs Causation. [30:22]#3 People who develop an internal locus of control believe that they are responsible for their own success. [34:24]#4 Semantics matter a whole lot, in the outcomes that you want in life. [36:27]Recap Episodes Mentioned: 1879 Externalities are not Excuses http://dreallday.com/1879- 1409 This is Not a Podcast: A Discussion of Semantics http://dreallday.com/1409- --- Next Steps: #DailyMotivation Text: Text Dre at 1.305.384.6894 (or go to http://DreAllDay.com/Text) CashApp: $DreBaldwin Cash.app/$DreBaldwin Get The Free Books: The Third Day: http://ThirdDayBook.com The Mirror Of Motivation: http://MirrorOfMotivation.com The Overseas Basketball Blueprint: http://BallOverseas.com Basketball: How To Play As Well As You Practice: http://HoopHandbook.com/Free Get Your FREE Issue Of The Monthly “Bulletproof Bulletin”: http://www.BulletproofBulletin.com Work On Your Game LIVE: http://WorkOnYourGame.LIVE Bulletproof Mastermind & 1x1 Coaching: http://WorkOnYourGameUniversity.com FULL Work On Your Game Podcast archive at: http://WorkOnYourGamePodcast.com Be sure to Subscribe to have each new episode sent directly to you daily! If you're enjoying Work On Your Game, please Review the show and let us know! Dre on social media: Instagram [http://instagram.com/DreBaldwin] Twitter [http://Twitter.com/DreAllDay] YouTube [http://youtube.com/dreupt]