“Why do geeks love nuclear power?
More precisely, using Howard Gardner’s theory of multiple intelligences, why do people with high logical-mathematical intelligence like nuclear power so much more than people with high intelligence in other areas? Framed this way, it’s an easy question. In the world of logic and numbers and predictable machines, nuclear power is totally safe. Chernobyl doesn’t count because, for political reasons, the plant was not designed, regulated, or run correctly. Fukushima doesn’t count because, for economic reasons, the plant was not built to withstand an 8.9 earthquake and tsunami. Nuclear power would be perfect if only you stinky primates would obey our beautiful science!”—Why do geeks love nuclear power? by Ran Prieur on 15.03.2011
“Shortly after this meeting, my host informed me of an audit recently done on one of the largest hospitals in Athens. This hospital was hemorrhaging Euros, and the Greek government is required to make up the deficit with capital injections. Officials began an inquiry into these losses and found 45 gardeners on staff at the hospital. The most interesting fact about the hospital was that it did not have a garden. The corruption is endemic in the society, and it is no wonder that Greece has been a serial defaulter throughout history (91 aggregate years in the last 182 – or approximately half the time). It is unfortunate that it is about to happen once again.”—Kyle Bass: The Cognitive Dissonance of It All
“In one of the more comical meetings we have ever attended, one chief economist at one of the largest banks in Greece surmised that if the sovereign could transfer €100 billion of government debt to the personal balance sheets of the population that it would be a potential “magical” fix for the state’s finances (and subsequently pointed out that Greece would not be such an “outlier” as a result). When asked how the Greek state could accomplish such a feat, he said he did not know and that maybe Harry Potter could find a way. It is hard to believe, but he was completely serious. For him, it wasn’t important how or if it could happen – as long as the potential outcome made the situation look better for prospective bond investors.”—Kyle Bass: The Cognitive Dissonance of It All