tag:blogger.com,1999:blog-5154389358831836369.post4522144802932571869..comments2024-03-28T02:00:36.854-04:00Comments on The Slack Wire: Liza Featherstone on Focus GroupsJW Masonhttp://www.blogger.com/profile/10664452827447313845noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5154389358831836369.post-46087321358338909862019-08-02T19:00:03.502-04:002019-08-02T19:00:03.502-04:00dank vapes are fast becoming a staple substitution...<a href="https://dankvapeonlinestore.com" rel="nofollow">dank vapes</a> are fast becoming a staple substitution for marijuana in homes. 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I should have made that clearer. JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-12123647610693575702014-09-24T19:02:17.240-04:002014-09-24T19:02:17.240-04:00Thanks for sharing this. Very enjoyable thinking. ...Thanks for sharing this. Very enjoyable thinking. I suspect that people's beliefs and desires emerge more through attempts to present them to others than hearing others' presented.<br /><br /> First, the human brain will always believe that its conclusions are logical and well substantiated. It is only by trying to express the internal logic that we can perceive any flaws. (Yes, there are narrow exceptions to this rule.) In a non-threatening conversation we may actually recognize some flaws and change our preferences, especially if there are people that we like who have different ones. At least we have to recognize that a monad will have many preferences that are both strongly stated and critically unexamined.<br /><br />Second, we (most of us) desperately want to have an impact on other people. (I do recognize the humor of me making this argument in a blog comment.) I think the whole phenomenon of anonymous blog ranting is evidence of a fundamental desire to have an impact on other people, even if it is just to make people angry. We can't resist an opportunity to influence the preferences of other people.<br /><br />Focus groups are selected for people who most want the opportunity to influence others. While solitude holds great attractions for people who do not enjoy the pain of trying to rationally express ideas that seem clear internally. Thus, groups are subjected to the vagaries of persuasive interactions and polls are full of unexamined preference.<br /><br />For a market to function well you need the intermediate and unstable situation where actors argue decisions in small independent groups before acting individually. It is less important that individuals hear the arguments of others but rather are forced to present their own.Anonymoushttps://www.blogger.com/profile/07526182934557192620noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-6562073414845906712014-09-24T18:04:54.045-04:002014-09-24T18:04:54.045-04:00Is it against the spirit of the blog to ask if it ...Is it against the spirit of the blog to ask if it comes in an ebook for iPhone or Kindle?Thornton Hallhttps://www.blogger.com/profile/11402495641975262697noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-1701959947063900812014-09-24T15:06:47.640-04:002014-09-24T15:06:47.640-04:00Excellent! I'm about a third of the way throug...Excellent! I'm about a third of the way through. It is riveting, brilliant, far-reaching and persuasive. Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-43160357119975012572014-09-24T14:24:49.651-04:002014-09-24T14:24:49.651-04:00Yes indeed. I've just ordered that book.Yes indeed. I've just ordered that book.JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-14330350761374969592014-09-24T13:37:36.126-04:002014-09-24T13:37:36.126-04:00Or, as Andre Orlean puts it, "the reduction o...Or, as Andre Orlean puts it, "the reduction of human desires to a purely utilitarian calculus has little or no basis in fact. After all, if the demand for goods were a function of material needs alone, one would expect it to decline markedly over time. But the opposite is true. Marketing and publicity, which deliberately seek to stimulate demand by appealing to the mimetic urge, provide incontrovertible evidence of the importance of this aspect of economic behavior."<br /><br />The "fixed set of preferences" is one of the postulates required to make the Walrasian model produce its cherished equilibrium. Taken together, the constraints of the model are not merely "unrealistic" but bizarre and contradictory (e.g., every market actor is a solipsistic monad EXCEPT the auctioneer who is a consumate altruist). So when the auctioneer dies, how do they find a replacement?<br /><br />I think the prototype of the "sovereign individual" of neoclassical analysis can be found in the Spanish Baroque how-to manual for courtiers by Baltasar Gracian. If we assume that every representative agent is a courtier wannabe, engulfed by a multitude of 'necios' (fools), then we have a picture of the "society of the market." This has about the same probability as everyone scoring above average on an exam...Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.com