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by
Adam Taggart
Dan Ariely needs lab rats.
Our new friend, the renowned behavioral economics researcher, is conducting an experiment to better understand people’s perceptions around wealth inequality. A timely subject, as the wealth gap between rich and poor in many developed countries is now reaching all-time highs.
Following Chris’ recent interview with him, Dan has put together a survey for the CM.com audience to fill out on this topic. Perhaps we’ll become one of the colorful studies Dan is famous for citing in his talks!
If you’re game for it, take 10 minutes to fill out Dan’s survey. And remember, this is for posterity, so please be honest. (Can anyone cite that film reference?)
Here’s a bit more background in Dan’s own words:
Your Chance to Advance Science
by Adam TaggartDan Ariely needs lab rats.
Our new friend, the renowned behavioral economics researcher, is conducting an experiment to better understand people’s perceptions around wealth inequality. A timely subject, as the wealth gap between rich and poor in many developed countries is now reaching all-time highs.
Following Chris’ recent interview with him, Dan has put together a survey for the CM.com audience to fill out on this topic. Perhaps we’ll become one of the colorful studies Dan is famous for citing in his talks!
If you’re game for it, take 10 minutes to fill out Dan’s survey. And remember, this is for posterity, so please be honest. (Can anyone cite that film reference?)
Here’s a bit more background in Dan’s own words:
by
Chris Martenson
Chris and I spent last week down in Charleston, SC at a gathering of thought leaders. Participants included politicians, scientists, economists, diplomats, astronauts, financiers, media personalities, entrepreneurs, entertainment executives, and others of specialized expertise. It was a humbling group to mingle with.
The general purpose of the event was to share observations about the opportunities and challenges our society faces, and to spark new thinking as to how to address them.
Chris and I spent several days attending and participating in panel discussions (there were hundreds to choose from) as well as in private conversation with many of the luminaries there. Our detailed observations from Day 1 and Day 2 are available for our enrolled members (enrollment required).
The experience was valuable for us: it sharpened our thinking on a number of fronts. We think it will be useful for you to understand how, so you have a sense of where our minds are as we look forward to the year ahead. What follows are our high-level observations and generalizations. As always, something gets lost when you reduce a rich experience into a few ideas, but with that caveat in place, here’s what we came away with:
Perspective for the New Year
by Chris MartensonChris and I spent last week down in Charleston, SC at a gathering of thought leaders. Participants included politicians, scientists, economists, diplomats, astronauts, financiers, media personalities, entrepreneurs, entertainment executives, and others of specialized expertise. It was a humbling group to mingle with.
The general purpose of the event was to share observations about the opportunities and challenges our society faces, and to spark new thinking as to how to address them.
Chris and I spent several days attending and participating in panel discussions (there were hundreds to choose from) as well as in private conversation with many of the luminaries there. Our detailed observations from Day 1 and Day 2 are available for our enrolled members (enrollment required).
The experience was valuable for us: it sharpened our thinking on a number of fronts. We think it will be useful for you to understand how, so you have a sense of where our minds are as we look forward to the year ahead. What follows are our high-level observations and generalizations. As always, something gets lost when you reduce a rich experience into a few ideas, but with that caveat in place, here’s what we came away with:
by
Chris Martenson
"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is Tyler Durden, founder and chief demagogue of the popular econoblog Zero Hedge. Zero Hedge's mission is to bring back a more critical, rigorous, and informed style of commentary and synthesis for the professional investing public. The blog has experienced explosive growth in it's two-year existence, due in part to its prolific coverage of financial events as well as its unapologetic (some say controversial) editorial approach, which is often highly critical of today's economic and political leaders.
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1. What led you to start Zero Hedge? Was there a particular story or moment? For many of our readers, you have become the CNN of the Great Collapse (this is seen as a positive thing). Is this what you set out to be?
Zero Hedge was started two years ago in the aftermath of the Great Financial Crash, as coined by Bill Buckler, when we realized there is a substantial vacuum in information distribution, and to a lesser extent, processing. The financial media world was (and to a great extent still is) dominated by journalists who were learning finance on the job and thus were incapable of putting the dots together on most stories under investigation.
Straight Talk with Tyler Durden: The U.S. Is Free-Falling Into Bankruptcy
by Chris Martenson"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is Tyler Durden, founder and chief demagogue of the popular econoblog Zero Hedge. Zero Hedge's mission is to bring back a more critical, rigorous, and informed style of commentary and synthesis for the professional investing public. The blog has experienced explosive growth in it's two-year existence, due in part to its prolific coverage of financial events as well as its unapologetic (some say controversial) editorial approach, which is often highly critical of today's economic and political leaders.
p.p1 {margin: 0.0px 0.0px 6.0px 0.0px; font: 13.0px Verdana}
1. What led you to start Zero Hedge? Was there a particular story or moment? For many of our readers, you have become the CNN of the Great Collapse (this is seen as a positive thing). Is this what you set out to be?
Zero Hedge was started two years ago in the aftermath of the Great Financial Crash, as coined by Bill Buckler, when we realized there is a substantial vacuum in information distribution, and to a lesser extent, processing. The financial media world was (and to a great extent still is) dominated by journalists who were learning finance on the job and thus were incapable of putting the dots together on most stories under investigation.
by
Chris Martenson
"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is Charles Hugh Smith, who has been an independent journalist for 22 years. His weblog, www.oftwominds.com, is a daily compendium of observations and analysis on the global economy and financial markets, as well as notable political, social, and cultural trends. Charles has authored a number of books across several genres, including the recent Survival+: Structuring Prosperity for Yourself and the Nation.
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1. Of the many forces at play that you write about within the economy, society, and politics, which ones do you see as the most defining for the future? How do you expect things to unfold?
CHS: Clearly, demographics and Peak Oil are forces which cannot be massaged away by policy tweaks or financial engineering. I think the exhaustion of Global Neoliberal Capitalism and State Capitalism is apparent, as is the bankruptcy of the two ideologies that more or less define our politics. The reliance on expansion of credit and State power is a dynamic with only unhappy endings.
Straight Talk with Charles Hugh Smith: Why The Status Quo Is Unsustainable
by Chris Martenson"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is Charles Hugh Smith, who has been an independent journalist for 22 years. His weblog, www.oftwominds.com, is a daily compendium of observations and analysis on the global economy and financial markets, as well as notable political, social, and cultural trends. Charles has authored a number of books across several genres, including the recent Survival+: Structuring Prosperity for Yourself and the Nation.
p.p1 {margin: 0.0px 0.0px 6.0px 0.0px; font: 13.0px Verdana}
1. Of the many forces at play that you write about within the economy, society, and politics, which ones do you see as the most defining for the future? How do you expect things to unfold?
CHS: Clearly, demographics and Peak Oil are forces which cannot be massaged away by policy tweaks or financial engineering. I think the exhaustion of Global Neoliberal Capitalism and State Capitalism is apparent, as is the bankruptcy of the two ideologies that more or less define our politics. The reliance on expansion of credit and State power is a dynamic with only unhappy endings.
by
Chris Martenson
"Straight Talk" features thinking from notable minds who you, the PeakProsperity.com audience, have indicated that you want to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is G. Edward Griffin — political lecturer, film producer, and author. In his best-known book, The Creature from Jekyll Island, Griffin details how money is created and exposes the anything-but-boring history of how the Federal Reserve came into being. The book provides one of the best explanations of how our monetary system works, as well as a prescient foreshadowing of the Fed's bailout of the financial system at taxpayer expense.
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1. Practically everything that you outlined in your book The Creature From Jekyll Island has come to pass. Bailouts, increased centralization of power, all of it. Now what happens? We are having a hard time envisioning the current debt-based fiat money system surviving for much longer (let alone forever). If not fiat money, then what? What are the next moves for those who might wish to see the continuation of their extremely lucrative franchise?
GEG: What happens next also is portrayed in my book, and it isn't pretty.
Straight Talk with G. Edward Griffin: What’s Coming Next Isn’t Pretty
by Chris Martenson"Straight Talk" features thinking from notable minds who you, the PeakProsperity.com audience, have indicated that you want to learn more about. Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.
This week's Straight Talk contributor is G. Edward Griffin — political lecturer, film producer, and author. In his best-known book, The Creature from Jekyll Island, Griffin details how money is created and exposes the anything-but-boring history of how the Federal Reserve came into being. The book provides one of the best explanations of how our monetary system works, as well as a prescient foreshadowing of the Fed's bailout of the financial system at taxpayer expense.
p.p1 {margin: 0.0px 0.0px 6.0px 0.0px; font: 13.0px Verdana}
1. Practically everything that you outlined in your book The Creature From Jekyll Island has come to pass. Bailouts, increased centralization of power, all of it. Now what happens? We are having a hard time envisioning the current debt-based fiat money system surviving for much longer (let alone forever). If not fiat money, then what? What are the next moves for those who might wish to see the continuation of their extremely lucrative franchise?
GEG: What happens next also is portrayed in my book, and it isn't pretty.
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