The farther you are from something, the less you know about.
In physics, this applies to the force of gravity, to electro-static attraction
or repulsion, to the intensity of sound.
More generally, it applies to social and political distances. Political decisions made at city hall, the
county seat, the state capital, and Washington D.C. must suffer by the square of the distance from a lack of information.
From DigitalArtForm.com |
On the other hand, when you make economic choices for
yourself, your family, or household, you are most directly informed about the
facts and the consequences. The
further into the future you plan, the less you know and the greater your risks.
Political plans to save the planet and the future
generations that inhabit it must suffer from degradations of knowledge along
every dimension of true costs, actual benefits, and both primary and secondary consequences
intended and unintended. Indeed,
it is quite likely that many, if not most, future generations will not even be
on this planet.
The world’s oldest continuing companies (see Wikipedia here)
are all narrowly focused on mundane pursuits such as beer, wine, candy, jewelry,
and hospitality. It is hard enough to make beer successfully for 200 years. The oldest companies in the United
States (Wikipedia here) reflect the economic paradigm of capitalism: pencils,
chemicals, tools, and newspapers. And we still have old breweries and continuing farms.
http://www.classroomhearing.org/images/6db_drop.jpg |
SUNY Canton Engineering and Construction Management Interactive here. |
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.