Australia and New Zealand · Public discussion

Re: The Moon

Started by william mook · · Last activity · 1 post · 453 views

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Australia and New Zealand
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9 October 2004
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9 October 2004
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william mook
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  1. Didn't address Arrow's Paradox.

    Arrow's paradox stems from the nature of transitivity - as the pointer
    in the previous post shows. Numbers are transitive. Human values are
    not. So, when we try to measure human values with numbers - something
    is lost. Clever people can manipulate which information is lost to
    determine outcomes against the will of people - even though the people
    who are deciding against themselves make the decisions.

    This is true whether you're voting in an election, or making decisions
    in the closing room of your local car dealership. The decision making
    process is organized to give those running the show the benefit of
    your choices.

    People intuitively feel this during elections which is why most refuse
    to participate.

    So, my solution to Arrow's Paradox is straightforward - as are all my
    solutions. Basically numbers are more complicated than people
    generally realize. Numbers occur in different varieties. There are
    scalars - the numbers everyone thinks about when you talk about
    numbers. There are vectors - these are ordered lists of scalars.
    These are important in structuring information - and can be used to
    draw pictures for example since ordered lists of numbers can be
    represented by a directed line segment. The interesting thing about
    vectors, is that they are in certain ways non-transitive. You can
    reduce them to transitive values by doing things to them. Like
    figuring out their length or their orientation and measuring them.
    But vectors of themselves are non-transitive too. Then, there are
    tensors -ordered tables of scalars (or ordered lists of vectors.)
    Since Arrow's Paradox is generally introduced by examining a table of
    values - we should keep this idea in mind. Tensors are non-transitive
    too!

    Now, there is a new field of study called emergent systems

    http://www.it.swin.edu.au/centres/ciamas/tiki-index.php?page=Introduction

    Might is be possible to create an emergent system involving vectors or
    tensors that allow for rational collective choices to be made?

    I think so.

    my idea is two-fold;

    (1) Create personal electronic wealth symbols that are used to
    transact business. Individuals create their own money when they buy
    something and redeem their own money when someone buys something from
    them. This is the way nations work. Each person's spending and
    redeeming habits are encoded in a table, very similar to the way a
    credit report is used today.

    (2) The electronic wealth symbols are vectors that encode a wide
    variety of information useful to the people who use it. Wassily
    Leontieff created the input-output method of econometric analysis. An
    economy can be represented by a table of numbers. Each table can be
    broken down into rows and columns. The columns represent all the
    needs of each consuming activity in the economy. The rows represent
    all the benefits of each productive activity in the economy.
    Individual transactions can be encoded in this way as well. In any
    event, the wealth symbols each person creates have a certain structure
    that reflects that person's values and desires.

    SYNTHESIS
    So, the electronic currency is used to transact business and encode in
    each transaction the reason for the transaction and the value of the
    transaction to both parties - recording at least as well as a written
    contract enforced by a court and attorneys.

    The value of the currency automatically adjusts as it flows through
    the electronic exchanges.

    The structure each person gives to their currency reflects their
    personal values. Collectively these structures combine to provide for
    the emergence of cultural and social features rationally desired by
    the population.

    For example, if someone wanted to support cancer research with each
    transaction - invoking it like a tax each time their currency was used
    - this would reduce the value of the currency to others, but cause
    money to flow to cancer research. If sufficient numbers of people
    chose to support this activity - large quantities of money would flow.
    Those qualified to receive it and under what terms, could be encoded
    in the transaction matrix as well.

    So, the issue in this new economy wouldn't be to find someone to work
    for to get money. People would be able to create money on demand.
    The issue would be to find something useful to do to allow you to
    redeem the money you want to spend! This at the outset is pretty
    damned impressive change of focus.

    Basically, nearly all the activities we use voting and money for can
    be subsumed by this new system with little or no change and would
    finally provide humanity with a means to make rational collective
    choice.

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