Lifeboat Foundation

Perhaps the most important lesson, which I have learned from Mises, was a lesson located outside economics itself. What Mises taught us in his writings, in his lectures, in his seminars, and in perhaps everything he said, was that economics—yes, and I mean sound economics, Austrian economics—is primordially, crucially important. Economics is not an intellectual game. Economics is deadly serious. The very future of mankind —of civilization—depends, in Mises’ view, upon widespread understanding of, and respect for, the principles of economics.

This is a lesson, which is located almost entirely outside economics proper. But all Mises’ work depended ultimately upon this tenet. Almost invariably, a scientist is motivated by values not strictly part of the science itself. The lust for fame, for material rewards—even the pure love of truth—these goals may possibly be fulfilled by scientific success, but are themselves not identified by science as worthwhile goals. What drove Mises, what accounted for his passionate dedication, his ability to calmly ignore the sneers of, and the isolation imposed by academic contemporaries, was his conviction that the survival of mankind depends on the development and dissemination of Austrian economics…

Austrian economics is not simply a matter of intellectual problem solving, like a challenging crossword puzzle, but literally a matter of the life or death of the human race.

–Israel M. Kirzner, Society for the Development of Austrian Economics Lifetime Achievement Award Acceptance Speech, 2006

Continue reading “On the Problem of Sustainable Economic Development: A Game-Theoretical Solution” »

As leaders of calorie restriction research and practice, Meredith Averill and I often participate in media events. A recent news conference covered rapidly evolving aspects of calorie restriction research that anyone could benefit from, whether they choose to follow a low-calorie lifestyle or not. Therefore, we thought it appropriate to share the details of the event with the Lifeboat Foundation audience.

The conference was hosted by the American Federation of Aging Research (AFAR). AFAR is a forward-looking organization that provides financial support for early- and mid-career scientists who are developing careers in the study of aging.

This conference, entitled “You are What you Don’t Eat!” presented two world-famous CR scientists, Drs. Luigi Fontana and Donald Ingram. After an introduction from AFAR’s board member, Dr. Jack Watters, both scientists shared many profound insights that could extend healthy lifespan for millions of people.

Dr. Fontana first reminded us how important calorie restriction research is for the health and financial viability of the health care system: “Cardiovascular disease (CVD), cancer, stroke and diabetes account for nearly 70% of the deaths in the United States and Europe. About 80% of adults over 65 years of age have at least one chronic disease, and 50% have two or more of these chronic diseases that accelerate the aging process¹ .” The point he makes is that health care systems, especially with our rapidly aging population cannot sustain this large number of people with disease.

Continue reading “"You are What you Don't Eat!"” »

I am both the warner and the only reporter — a strange situation to be in. My scientific results prove that the currently running LHC experiment is going to shrink the earth to 2 cm in perhaps 5 years’ time with a probability of 8 percent if continued. They stay un-disproved for 3 years but no one takes notice. What is the explanation?

If my results were nonsense, some scientist would have taken the trouble to dismantle them publicly under her or his own name so I could respond and an open consensus – if need be that to disagree — could form as befits both science and the dignity of the public.

The fact that CERN currently continues in defiance of a Cologne court’s request to first admit a scientific safety conference is equally baffling, since again the public appears to have the right to know.

While CERN keeps a low profile, a well-equipped blog owned by a member of CERN’s sister institution, DESY, substitutes refutation by ad-hominem assaults to influence the media. Although experienced hatred is better than no response at all, this response throws a scant light on CERN’s science.

Continue reading “If No Single Scientist Openly Contradicts My Results: Why No Public Debate?” »

Originally posted at Fast Company.

Yesterday I gave a talk at the Snoqualmie Valley School District Foundation fundraising luncheon. My role was to help them envision the future of education. Some of the comments I made yesterday will be relevant to the scenarios we build on this blog. As an avid anti-futurist, I said I didn’t know what education would look like, but that I was tracking how many of its attributes might play out.

That said, there are some things I feel very strongly about, regardless of the future. These are considered robust implications in a scenario planning exercise. I will discuss a few of those, and then discuss some of the uncertainties.

Learning How to Learn With technology evolving at an exponential rate, and with it the rise of new industries; and with ever more of the planet’s human population bumping into each other in cyberspace, if not directly connecting to one another through social media, the ability to learn new things will be important. Successful people will learn this regardless of their formal education experience, but there will be tremendous missed opportunity if we don’t use the 19-years of education afforded most students (yes, less in developing countries, but increasing) to teach students how to learn, and through that, how to accept and embrace change.

Continue reading “Education: Uncertainty Isn't the Only Risk” »

(NOTE: Selecting the “Switch to White” button on the upper right-hand corner of the screen may ease reading this text).

“Who are you?” A simple question sometimes requires a complex answer. When a Homeric hero is asked who he is.., his answer consists of more than just his name; he provides a list of his ancestors. The history of his family is an essential constituent of his identity. When the city of Aphrodisias… decided to honor a prominent citizen with a public funeral…, the decree in his honor identified him in the following manner:

Hermogenes, son of Hephaistion, the so-called Theodotos, one of the first and most illustrious citizens, a man who has as his ancestors men among the greatest and among those who built together the community and have lived in virtue, love of glory, many promises of benefactions, and the most beautiful deeds for the fatherland; a man who has been himself good and virtuous, a lover of the fatherland, a constructor, a benefactor of the polis, and a savior.
– Angelos Chaniotis, In Search of an Identity: European Discourses and Ancient Paradigms, 2010

I realize many may not have the time to read all of this post — let alone the treatise it introduces — so for those with just a few minutes to spare, consider abandoning the remainder of this introduction and spending a few moments with a brief narrative which distills the very essence of the problem at hand: On the Origin of Mass Extinctions: Darwin’s Nontrivial Error.

Continue reading “A (Relatively) Brief Introduction to The Principles of Economics & Evolution: A Survival Guide for the Inhabitants of Small Islands, Including the Inhabitants of the Small Island of Earth” »

If nothing else, Japan’s recent tragedy has brought the risk of current nuclear power plants back into focus. While it’s far to early to tell just how grave the Fukushima situation truly is, it is obvious that our best laid plans are inadequate as they relate to engineering facilities to withstand cataclysmic scale events.

Few places on the globe are as well prepared as Japan for earthquakes and the possibility of subsequent tsunamis. However, in spite of their preparedness — which was evidenced by the remarkably small number of casualties given the nature of the events that took place (can you imagine how many people would have perished had this same disaster struck somewhere else in the world?) — Japan’s ability to manage a damaged nuclear power plant was severely compromised.

As frightening as Japan’s situation is, what ought to frighten us even more is that there are many more nuclear power plants in equally vulnerable locations all over the globe. In California, for example, both the San Onofre and Diablo Canyon facilities are right on the coast (they both use ocean water for cooling) and the Diablo Canyon facility in particular is perilously close to a major fault.

Given what we’ve seen in Japan, the widely varying degrees of preparedness around the world, the age of many of the existing power plants and the consequences for even a single catastrophic containment failure, shouldn’t we be taking a long, hard look at nuclear power as a viable means of providing energy for the planet? Have we learned so little from Three Mile Island, Chernobyl, and now Fukushima? Just how capable are we [really] of dealing with a second, a third or a fourth disaster of this type? (and what if they were to happen simultaneously?) With so many existential risks completely beyond our control, does it make sense to add another one when there are other, lower risk alternatives to nuclear energy within our reach?

Continue reading “Are Current Nuclear Power Plants an Existential Risk?” »

Forgive me my courage because I like you. The catastrophe at Fukushima is a testimony to human fallibility. For 3 years, an analogous trap has been opened up for the planet as a whole, but no one believes my proof: An 8-percent probability of the planet being shrunk to 2 cm in perhaps 5 years’ time if the LHC experiment at Geneva is continued.

500 planetary newspapers reported on my warnings in 2008, before the experiment fizzled. After it got resumed in 2010, there is a press curfew worldwide. Even the appeal by a court to at long last admit the scientific safety conference called for (my only request) is quietly skirted by CERN. Just finding out about the truth is asking too much.

The reason is painful and has to do with Einstein and Japan (“I made one mistake in my life,” he said). No one believes any more that he was even greater in his youth. This is what I found out: The famous equivalence principle (between gravity and horizontal acceleration) of 1907 is even more powerful than known. What is known is that clocks tick more slowly further down in gravity, as he proved. But this time-change result stands not alone: Length and mass and charge are equally affected (TeLeMaCh theorem, for T, L, M, Ch) as is easy to prove. Hence gravity is much more powerful than anticipated. Black holes have radically different properties, for example. And black holes are being tried to be generated at the LHC.

Why the planet-wide press curfew since 2008? Apparently a nobelist cooperating with the LHC gave the parole that the new result is “absolute nonsense,” which would be gratifying to believe if true. But the press for some reason forgot to ask back: “Did you discuss your counterclaim with the author?” (No.) “Has anyone proved it?” (No.) “Is anyone ready to defend it publicly in dialog?” (No.)

Continue reading “Short Speech to the World” »

Continue reading “The Existential Importance of Life Extension” »

Common wisdom is that great companies are built by business leaders who out-vision and out-innovate their competitors. However, the truth is that groundbreaking businesses tend to come from entrepreneurs who were smart enough to out-execute everyone else in their space – which means getting products out there and growing a loyal customer base, instead of engineering a product until it’s supposedly perfect.

Microsoft is a great example of company that has succeeded by execution. They’ve rarely been first to market with any of their products, but they’ve successfully brought them to market, figured out how to improve them, and introduce them again and again. This is the approach that puts you in the Fortune 500.

Why do entrepreneurs believe so fervently in the myth that they need to be first to market with a never-before-seen innovation? Because that’s what they’re told in business school. The problem with this piece of wisdom is that it encourages business leaders to wait until the mythical breakthrough business idea is fully formed.

This myth is fed by the public perception of groundbreaking companies as having come out of nowhere to rock the world. But companies like Facebook rarely, if ever, spring into being with no antecedents: MySpace and Friendster were in the market first, but Facebook did social networking better than anyone else had done before. Google wasn’t the first search engine ever; AltaVista probably deserves that title. But Google advanced the search experience to the point that we all believe they were the breakthrough innovator.

Continue reading “Dear Entrepreneur, Stop Dreaming and Just Launch That Business” »