Jeremiadus

"Finance is about money. Politics is about power. Neither can exist without the other. Together, they make a mockery of democracy. But democracy cannot exist without both."

"Taleb doesn’t say this, but I will. I propose that the fundamental problem with both finance and politics is that no one reads. And to put a finer point on the proposition, risk would not scale inappropriately if people did read. And to extend this argument even further, technology does a lot to explain this absence of reading. Not just technology viewed as the impact of computers and cell phones and now tablets in our work lives (and personal lives). But technology as a kind of ray gun that annihilates ideas and thought. So we should read and cherish books as physical objects, not as lifeless digital decompressors of meaning."

Interesting blog post.  Don't agree with his beliefs but I'm wowed by his analysis of the current economic system. Plus I'm an ardent fan of NNT and any comprehensible analysis and extrapolation of his ideas is definitely a good read. That and the LOTR references.
http://jeremiadus.com/2011/12/18/scaling-risk-and-political-decline-or-the-triumph-of-the-dark-lord-sauron/