"The $1.4 Trillion Question" by James Fallows

Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China. Like so many imbalances in economics, this one can’t go on indefinitely, and therefore won’t. But the way it ends—suddenly versus gradually, for predictable reasons versus during a panic—will make an enormous difference to the U.S. and Chinese economies over the next few years, to say nothing of bystanders in Europe and elsewhere.

Any economist will say that Americans have been living better than they should—which is by definition the case when a nation’s total consumption is greater than its total production, as America’s now is. Economists will also point out that, despite the glitter of China’s big cities and the rise of its billionaire class, China’s people have been living far worse than they could. That’s what it means when a nation consumes only half of what it produces, as China does.

Neither government likes to draw attention to this arrangement, because it has been so convenient on both sides. For China, it has helped the regime guide development in the way it would like—and keep the domestic economy’s growth rate from crossing the thin line that separates “unbelievably fast” from “uncontrollably inflationary.” For America, it has meant cheaper iPods, lower interest rates, reduced mortgage payments, a lighter tax burden. But because of political tensions in both countries, and because of the huge and growing size of the imbalance, the arrangement now shows signs of cracking apart.

Link to the article in The Atlantic

Divine Madness

Now, however, the human species wishes to add deeper significance to their endeavors. Realizing that true fulfillment escapes them, they have begun once more to search within themselves for a kind of satisfaction they have not found so far in their conquest of the external world. They know that they can find biological happiness by achieving adaptation to their physical and social environment, but they realize that this form of happiness is as limited in scope as the contentment of the cow. The best-adapted populations certainly experienced physical contentment, but their lives were probably deficient in other ways since they have produced chiefly what Toynbee called "arrested civilizations." Modern Humans are not yet resigned enough to be completely satisfied with purely creature contentment. They still hope that they can discover a philosophy of life that will be as creative and emotionally rewarding as that of classical Greece or of Western Europe in the thirteenth century.

Our greatest blessing, says Socrates in Plato's dialogue Phaedrus, comes to us by way of madness—mania. In this arresting statement, Plato does not mean mania as a disease, but rather as a state during which man experiences a kind of self-revelation occurring through the emergence of a powerful spirit from the depth of their beings. Poetical words, tones, and gestures, and even prophecy are the expressions of enthusiasm—the god within. Apparently certain drugs can help in generating this inspired state. But Plato traced inspiration to the primeval forces that Greek mythology symbolized in the form of deities, especially Dionysos.


The Microbiologist René Dubos's from “A God Within".

To be against happiness is to embrace ecstasy

From an essay adapted from Eric G. Wilson's book "Against Happiness: In Praise of Melancholy"

A recent poll conducted by the Pew Research Center shows that almost 85 percent of Americans believe that they are very happy or at least pretty happy. The psychological world is now abuzz with a new field, positive psychology, devoted to finding ways to enhance happiness through pleasure, engagement, and meaning. Psychologists practicing this brand of therapy are leaders in a novel science, the science of happiness. Mainstream publishers are learning from the self-help industry and printing thousands of books on how to be happy. Doctors offer a wide array of drugs that might eradicate depression forever. It seems truly an age of almost perfect contentment, a brave new world of persistent good fortune, joy without trouble, felicity with no penalty.

Why are most Americans so utterly willing to have an essential part of their hearts sliced away and discarded like so much waste? What are we to make of this American obsession with happiness, an obsession that could well lead to a sudden extinction of the creative impulse, that could result in an extermination as horrible as those foreshadowed by global warming and environmental crisis and nuclear proliferation? What drives this rage for complacency, this desperate contentment?

Surely all this happiness can't be for real.

~~~~

Suffering the gloom, inevitable as breath, we must further accept this fact that the world hates: We are forever incomplete, fragments of some ungraspable whole. Our unfinished natures — we are never pure actualities but always vague potentials — make life a constant struggle, a bout with the persistent unknown. But this extension into the abyss is also our salvation. To be only a fragment is always to strive for something beyond ourselves, something transcendent. That striving is always an act of freedom, of choosing one road instead of another. Though this labor is arduous — it requires constant attention to our mysterious and shifting interiors — it is also ecstatic, an almost infinite sounding of the exquisite riddles of Being.

To be against happiness is to embrace ecstasy. Incompleteness is a call to life. Fragmentation is freedom. The exhilaration of never knowing anything fully is that you can perpetually imagine sublimities beyond reason. On the margins of the known is the agile edge of existence. This is the rapture, burning slow, of finishing a book that can never be completed, a flawed and conflicted text, vexed as twilight.

Via Marginal Revolution

Theism/Atheism?

"The most beautiful experience we can have is the mysterious. It is the fundamental emotion that stands at the cradle of true art and true science. Whoever does not know it and can no longer wonder, no longer marvel, is as good as dead, and his eyes are dimmed. It was the experience of mystery -- even if mixed with fear -- that engendered religion. A knowledge of the existence of something we cannot penetrate, our perceptions of the profoundest reason and the most radiant beauty, which only in their most primitive forms are accessible to our minds: it is this knowledge and this emotion that constitute true religiosity. In this sense, and only this sense, I am a deeply religious man... I am satisfied with the mystery of life's eternity and with a knowledge, a sense, of the marvelous structure of existence -- as well as the humble attempt to understand even a tiny portion of the Reason that manifests itself in nature."

Albert Einstein from "The World as I see it"

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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

American Declaration of Independence

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“Why bother with the never ending, genuinely hopeless search for truth when a truth can be had so readily, all at once, in the form of an ideology or doctrine? Suddenly it is all so simple. Think of all the difficult questions which are answered in advance!”

Vaclav Havel, 1985

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"[Some of my opponents] do not want to change the Constitution, but I believe it's a lot easier to change the constitution than it would be to change the word of the living God, and that's what we need to do is to amend the Constitution so it's in God's standards rather than try to change God's standards,"

Huckabee (lrjjr note: Mike Huckabee candidate for the republican presidential nominee) often refers to the need to amend the constitution on these grounds, but he has never so specifically called for the Constitution to be brought within "God's standards," which are themselves debated amongst religious scholars.

From MSNBC

Big Brain Theory: Have Cosmologists Lost Theirs?

By DENNIS OVERBYE

Jan. 15, 2008 New York Times

It could be the weirdest and most embarrassing prediction in the history of cosmology, if not science.

If true, it would mean that you yourself reading this article are more likely to be some momentary fluctuation in a field of matter and energy out in space than a person with a real past born through billions of years of evolution in an orderly star-spangled cosmos. Your memories and the world you think you see around you are illusions.

This bizarre picture is the outcome of a recent series of calculations that take some of the bedrock theories and discoveries of modern cosmology to the limit. Nobody in the field believes that this is the way things really work, however. And so there in the last couple of years there has been a growing stream of debate and dueling papers, replete with references to such esoteric subjects as reincarnation, multiple universes and even the death of spacetime, as cosmologists try to square the predictions of their cherished theories with their convictions that we and the universe are real. The basic problem is that across the eons of time, the standard theories suggest, the universe can recur over and over again in an endless cycle of big bangs, but it’s hard for nature to make a whole universe. It’s much easier to make fragments of one, like planets, yourself maybe in a spacesuit or even — in the most absurd and troubling example — a naked brain floating in space. Nature tends to do what is easiest, from the standpoint of energy and probability. And so these fragments — in particular the brains — would appear far more frequently than real full-fledged universes, or than us. Or they might be us.

Link to the rest of the article

The Physical World as a Virtual Reality

Brian Whitworth
Massey University, Albany, Auckland, New Zealand

Not only is the universe stranger than we imagine, it is stranger than we can imagine

Sir Arthur Eddington

Abstract

This paper explores the idea that the universe is a virtual reality created by information processing, and relates this strange idea to the findings of modern physics about the physical world. The virtual reality concept is familiar to us from online worlds, but our world as a virtual reality is usually a subject for science fiction rather than science. Yet logically the world could be an information simulation running on a multi-dimensional space-time screen. Indeed, if the essence of the universe is information, matter, charge, energy and movement could be aspects of information, and the many conservation laws could be a single law of information conservation. If the universe were a virtual reality, its creation at the big bang would no longer be paradoxical,as every virtual system must be booted up. It is suggested that whether the world is an objective reality or a virtual reality is a matter for science to resolve. Modern information science can suggest how core physical properties like space, time, light, matter and movement could derive from information processing. Such an approach could reconcile relativity and quantum theories, with the former being how information processing creates space-time, and the latter how it creates energy and matter.



Link to paper (.pdf)

Via Boing Boing