Doing what is right rather than what is profitable

Barry Schwartz (on whom I’ve posted before) says it’s clear that “we need to rein in the bankers.” What is the solution indifferent, uncaring and selfish individuals and institutions? More rules? More incentives? Barry Schwartz says rules and incentives are not long-term solutions because they de-moralize us. They create large populations of people who do everything for incentives. We become addicted to incentives. Further, there is no set of rules that will effectively get us what we need. Bankers are smart and they will find cracks in any rules. They will find a new way to bring the financial system, once again, to the point of collapse. What we really need is virtue and character --- “we need people who want to do the right thing.” We need “practical wisdom,” the moral will and skill to figure out what the right thing is, and then to do it. Aristotle studied carpenters and other crafts-people who appreciated that you often need to bend the rules to get the job done. Dealing with other people demands flexibility improvisation, and wise people understand this. Wise people do this rule-bending “in the service of the right aims.” We need to do this rule bending in the service of others, not merely ourselves. This is “practical wisdom” in a nutshell. [More . . . ]

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DI traffic

I founded Dangerous Intersection back in March, 2006.  That was 4,500 posts and 21,000 comments ago.  Now that we've reached the end of another year, I decided to check DI's traffic.  We're not a huge site but we're not small either.  I thought readers might find it interesting to see the same stats that I periodically check. Here they are (this is a clickable image): As you can see, we receive almost 6,000 daily visitors these days, which is gratifying and a great honor to each of us who write at this site.  [Note: We changed servers in mid-August, so you will not see the full year's stats in this image]. Thanks to all of you have visited DI or commented at DI over the past year.  Our plan is to keep improving and keep growing.  For those who have not commented before, please do consider leaving a comment, especially if you disagree with us. And happy new year to everyone.

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The secret powers of time (animated)

I've previously posted on Philip Zimbardo's excellent discussion regarding the "Secret Powers of Time." He has convinced me that one's perception of time (or even a nation's overall perception of time) affects one's character (or the nation's character) in profound ways. It certainly affects the pace of life. Tonight, I stumbled upon a ten-minute cleverly animated version of Zimbardo's presentation. Citing the work of Robert Levine, Zimbardo indicates that you can identify countries and cities by their pace of life. In those places with the highest pace of life, "men have the most coronary problems." He proposes that the basic purpose of schools is to take present-oriented children (which he defines as our natural state - see 5:30 of the talk) and attempt to turn them into future-oriented children. In American, a child drops out of school every 9 seconds, and it's often a boy and a minority student. Here's the context. By the time a boy is 21 years old, he has spent 10,000 hours playing video games, and many more hours watching shows, including pornography, which they tend to do alone. This means that many hours are not being spent developing social skills. These children thus live in a world they create. Bottom line is that they will never fit into a traditional classroom, which is analogue--it is incredibly boring to them. The commonly-heard cure for our educational ills--that we need more classroom time reading, writing and arithmetic is thus a recipe for disaster for these present-oriented students. Traditional classrooms offer the lack of control and delay of gratification; this is not at all interesting compared to life in front of a video screen. Zimbardo argues that we are "under-estimating the power of technology in re-wiring young people's brains." They get upset even waiting an extra minute or two booting up their computers or downloading files. We bark at our kids to avoid hedonistic addictive activities, but they are already aware of the consequences, but they are not future-oriented kids, so there is no feedback loop to alter their behavior. Bottom line: Many of the disputes we have with other people are due to our differences in the perception of time.

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The power of sunshine

In this video, you can see the power of two square meters of sunshine. As a child I used to set fire to a piece of paper outside with a small hand held magnifying glass. This sophisticated mirror is several magnitudes more impressive. You might be wondering whether sort of device could be used for cooking. The answer is yes, and these cheap devices can help slow deforestation and desertification. Here is a video demonstration of the cooking power of the sun:

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The Irresistible Lord Ralph

It is the first Sunday of 2011. I woke feeling a bit uneasy; somewhat queasy. As though someone were calling to me, deep inside. As a good igtheist, I ignore calls from the invisible beyond, even on Sunday. But as the day progressed, I divined that it was Lord Ralph calling to me. Loud. After another hour, it became distressing. I tried to placate him with a wintergreen pink tablet made with compounds of Bismuth (the element between toxic lead and radioactive Polonium). But he continued calling louder. I huddled under my blankets and moaned. This helps for a short periods, repeated over a couple of hours. Finally his call became not just clear, but imminent. Lord Ralph was demanding immediate supplication. I threw a wrap around my shivering shoulders and bolted for the room of his shrine. As I knelt before his porcelain altar, I gazed up through at shimmering ceiling to see if his ethereal chariot was nigh. It was. Forcefully I hailed the Holy Buick. The stars then did shimmer around me. The chariot was passing. I hailed it again, slightly weaker. It receded, even though I did loyally call after it a few more times in breathlessly quick succession. Lord Ralph must have been pleased. He set peace upon my wracked body, and allowed me go return to my covers and lie in serenity for a while. Then my wife came to offer us a bile-colored, caffeinated, fizzy, syrup solution over ice, called Mountain something-or-other. This, sipped with great respect, did placate this irresistible lord.

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