On 9/7/16 1:51 PM, Marcus Daniels wrote:

I just returned from a trip from the UK. I think rumors of the demise of their economy have been greatly exaggerated.

Brexit will hurt the people that voted for it, just like Trump would hurt the people that voted for him. These aren’t the people that keep things running; they are the rear guard for a retreat from globalization that won’t work and can’t happen. Sure, Brexit will be an administrative nightmare, but decentralized control also has benefits in the long run.

I heard an interesting analysis from another LANL friend who works in Global Security and by my measure is a pretty well informed and deeply introspective wonk on the topics of international politics and it's practical upshot.

He also recently returned from the UK (pleasure not business) and said something that matches my own experience, such as it is. He said that he predicts that in spite of the vote, by the time the 2 years are up for exercising the actual Brexit, there will not turn out to be enough will of the people (or bureaucrats) to actually effect it and at that time, it will time out and they will not have actually Brexited, as it were... and business will return to "normal". I am probably hacking this badly, but that is how I understood what he said.

I have two young colleaugues who live in the UK (many of you know them) who essentially entered their careers under the (new then) EU and it hugely shaped them personally and professionally. Much of who they have become and what they do would have been radically different if not for the EU and Britain's involvement. There are huge implications for both of them (they work all over the EU together as freelancers currently, but live primarily in Wales). One will have to leave the UK and the other won't be (openly) welcome in the EU. They will probably survive, find a way to make it around the system as it evolves. I hope for them that the above scenario is a likely one (a miscarriage of the Brexit in 2 years).

*From:*Friam [mailto:friam-boun...@redfish.com] *On Behalf Of *Owen Densmore
*Sent:* Wednesday, September 07, 2016 9:10 AM
*To:* The Friday Morning Applied Complexity Coffee Group <friam@redfish.com>
*Subject:* Re: [FRIAM] Wisdom of Crowds vs Kenneth Arrow

Slightly OT, but: The Brexit signaled the start of truly unexpected events. Italy, btw, is also having a referendum.

But here's the Dallas News endorsing Hilary .. first dem endorsment in over 70 years!

http://www.dallasnews.com/opinion/editorials/20160907-we-recommend-hillary-clinton-for-u.s.-president.ece

l guess these are the years of Expect the Unexpected!

 -- Owen

On Wed, Sep 7, 2016 at 8:39 AM, Steven A Smith <sasm...@swcp.com <mailto:sasm...@swcp.com>> wrote:

    I know we try to avoid getting into political discussions here,
    and that is not what I'm trying t draw you into.  Out of my
    infamous morbid fascination, I *have* been following the
    presidential campaigns this past year or more and in particular
    comparing the many running *polls* to the *Iowa Electronic Markets*

    
http://www.realclearpolitics.com/epolls/2016/president/us/general_election_trump_vs_clinton_vs_johnson_vs_stein-5952.html

    https://tippie.biz.uiowa.edu/iem/

    It is most interesting to me how much the WTA vs the popular vote
    prices in the IEM diverge.  It definitely supports MY (reluctant)
    preferences in this context, but it IS disturbing in a democracy
    that the representative factor (electoral college in this case)
    seems to either magnify a small lead, or even perhaps bias it?

    The polls seem to be somewhat "all over the place" which I suspect
    reflects the methodology for sampling the population in each
    case.   Perhaps someone here has some professional experience with
    polling methodologies or theory can illuminate a little?

    This has impact on the debates.  At this point, it looks like the
    Libs and the Greens will be shut out of the upcoming debates, in
    spite of the likely absurdity of a Trump/Clinton debate, given
    their personal styles and stances.  3rd party debaters would
    surely add some signal to what is likely to be nearly purely noise
    otherwise?

    As a side note, I am disappointed with how little traction either
    Gary or Jill are getting this time around.  As UNpopular as both
    of the primary candidates are, and as relatively acceptable (both
    Jill and Gary seem to have serious intentions, serious campaigns
    and serious platforms) candidates are, why don't we see
    higher/growing polling numbers?  Is it the ominosity of the
    elections themselves?  Everyone is afraid of creating a "spoiler"?

    This re-invigorates my interest in Ranked Voting Systems.  Do we
    have any Psephologists (pebble counters) in the house with insight
    into Ranked Voting Systems?

    http://www.fairvote.org/ seems to be the main organization
    promoting RVS at the national level but I don't see a roadmap of
    what it would take to actually change our system to embrace this?




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