Review: Governing the $5 Trillion Economy–A Twentieth Century Fund Essay

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Economics

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5.0 out of 5 stars Brilliant Analysis of Federal Budget As Influence Device,

February 27, 2002
Herbert Stein
This absolute gem from 1989 should be updated and republished. I have resurrected it in relation to my reading on federal budgeting and the dangers of the deficit spending now in vogue in Washington (2002).This is the best book I have read on the strategic aspects of the federal budget–needed reforms, key issues in allocation policy, using the budget to stabilize the economy.

Where the book excels is in its analysis of how the federal budget should be used to steer private sector outlays–as Osborne and Gaebler suggested, we must steer rather than row–guide the private sector rather than use taxpayer dollars for direct products and services.

In his discussion of priorities, the author focuses heavily on the lack of investment in education and the resurrection of education both public and private. As we enter the 21st Century largely ignorant as a Nation (of external realities, not at individuals), I cannot help but think that the time has come for the public to take charge of “political economy,” and begin actively setting forth its priorities. Just this week, in The Washington Post of 27 February 2002, David Ignatius suggests that Washington has turned its back on the Nation. Seems to me that's pretty dangerous, but if the Nation allows itself to be ignored by Washington, then we have the government–and the federal spending priorities–we deserve.

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Review: The Structure of Scientific Revolutions

5 Star, Change & Innovation, Culture, Research, Economics, Education (General), Education (Universities), Games, Models, & Simulations, History, Information Operations, Information Society, Intelligence (Commercial), Intelligence (Extra-Terrestrial), Intelligence (Government/Secret), Intelligence (Public), Strategy, Truth & Reconciliation, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)

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5.0 out of 5 stars Enduring Classic on the Hard Truth about Changing Minds,

May 29, 2000
Thomas S. Kuhn
Two points are worthy of emphasis: 1) the paradigm shift is always forced and 2) until the paradigm shift occurs, always suddenly, the incumbents can comfortably explain everything with their existing paradigm. There will be many from the current “laissez faire” academics without accountability environment who would be critical of this book, but the fact is that it's fundamentals are on target; as the sociology of knowledge has shown time and time again, “thinkers” are nepotistic, incestuous, and generally lazy, as well as mono-lingual and culturally-constrained, and it takes a major shock-wave to push any given intellectual domain up to the next plateau.
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Review: World Brain

5 Star, Consciousness & Social IQ, Culture, Research, Decision-Making & Decision-Support, Democracy, Economics, Education (General), Education (Universities), Future, History, Information Operations, Information Society, Intelligence (Collective & Quantum), Intelligence (Commercial), Intelligence (Extra-Terrestrial), Intelligence (Government/Secret), Intelligence (Public), Intelligence (Wealth of Networks), Misinformation & Propaganda, Philosophy, Strategy

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5.0 out of 5 stars Updated Edition is Even Better,

May 29, 2000
H. G. Wells
First published in 1938, a modern edition is vastly improved by the addition of a critical introduction by Alan Mayne. Very much focused on how a world-brain might alter national policy-making, how Public Opinion or an “Open Conspiracy” might restore common sense and popular control to arenas previously reserved for an elite. The information functionality of the World Brain easily anticipated the world wide web as it might evolve over the next 20-30 years: comprehensive, up to date, distributed, classification scheme, dynamic, indexes, summaries and surveys, freely available and easily accessible. We have a long way to go, but the framework is there. The communication functions of the world brain would include a highly effective information retrieval system, selective dissemination of information, efficient communication facilities, effective presentation, popular education, public and individual awareness for all issues, and facilitate social networking between organizations, groups, and individuals. The world brain is the “virtual intelligence community” qua noosphere. This is one of the fundamental references for anyone thinking about the future of politics, economics, or social systems.
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Review: The Digital Economy–Promise and Peril in the Age of Networked Intelligence

5 Star, Best Practices in Management, Budget Process & Politics, Capitalism (Good & Bad), Change & Innovation, Complexity & Resilience, Economics, Information Operations, Information Society, Information Technology

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5.0 out of 5 stars Focus on Decentralized Human Expertise,

May 29, 2000
Don Tapscott
After demolishing Business Process Reengineering (BPR) as a necessary element of but insufficient substitute for corporate strategy, organizational learning, or reinvention, the author goes on to address twelve themes central to success in an economic environment characterized by networked intelligence: knowledge, digitization, virtualization, molecularization, integration/internetworking, disintermediation, convergence (a big one), innovation, prosumption, immediacy, globalization, and discordance (another big one). He stressed the need for “busting loose from the technology legacy”, the need to dramatically transform both the information management and human resource management concepts and also a turning on its head of how government works-from centralized after the fact “leveling” and gross national security to decentralized, proactive nurturing of individual opportunity before the fact, providing individual security through individual opportunity and prosperity within the network.
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Review: Out of Control–The New Biology of Machines, Social Systems, & the Economic World

5 Star, Change & Innovation, Consciousness & Social IQ, Culture, Research, Economics, Environment (Solutions), Information Operations, Information Society, Information Technology, Intelligence (Collective & Quantum), Intelligence (Commercial), Intelligence (Extra-Terrestrial), Intelligence (Government/Secret), Intelligence (Public), Intelligence (Wealth of Networks), Technology (Bio-Mimicry, Clean), Values, Ethics, Sustainable Evolution

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5.0 out of 5 stars Co-Evolution of Man and Machine,

April 17, 2000
Kevin Kelly
Kevin has produced what I regard as one of the top five books of this decade. A very tough read but worth the effort. I had not understood the entire theory of co-evolution developed by Stewart Brand and represented in the Co-Evolution Quarterly and The Whole Earth until I read this book. Kevin introduces the concept of the “hive mind”, addresses how biological systems handle complexity, moves over into industrial ecology and network economics, and concludes with many inspiring reflections on the convergence of biological and technical systems. He was easily a decade if not two ahead of his time.
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Review: Business @ the Speed of Thought –Using a Digital Nervous System

4 Star, Best Practices in Management, Change & Innovation, Economics, Information Society, Information Technology

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4.0 out of 5 stars 900 Pound Gorilla Speaks–Worth Listening,

April 8, 2000
Bill Gates
No doubt largely written by staff assistants, this book can be considered a watered-down version of Microsoft's game plan for taking over the world, i.e. being the operating system for everything. Each chapter has a useful figure that sums up business lessons and methods for diagnosing one of the aspect's of one's digital nervous system. This is a great airplane book.
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Review: The exemplar–The exemplary performer in the age of productivity

6 Star Top 10%, Best Practices in Management, Change & Innovation, Complexity & Resilience, Consciousness & Social IQ, Culture, Research, Democracy, Economics, Environment (Solutions), Information Society, Intelligence (Public), Leadership

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5.0 out of 5 stars Productivity Primer–One of Five Basic Books for InfoAge,

April 8, 2000
Robert R Carkhuff

This book had a profound influence on me, helping me to understand that the functions fulfilled by an employee dealing with “things” are completely distinct from the functions fulfilled by an employee dealing with “ideas”, and that completely different educational, training, management, and compensation models are needed for the new “Gold Collar” worker. From this book I realized that virtually everything we are doing in U.S. education and U.S. personnel management and training today is way off the mark and at least a decade if not two or three decades behind where we could be in human productivity management.

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