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	<title>Blogging the Bookshelf &#187; ICT</title>
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	<link>http://www.bloggingthebookshelf.com</link>
	<description>Blogging my bookshelf - one book at a time</description>
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		<title>The Problem of Book Reviewing &#8211; &#8220;Confessions of a Book Reviewer&#8221; from “Fifty Orwell Essays” &#8211; George OrwellWell it might have been difficult to organise 50 years ago, but this sounds to me a lot like social media enabled book reviewing today…</title>
		<link>http://www.bloggingthebookshelf.com/2011/11/11/people-sometimes-suggest-that-the-solution-lies-in/</link>
		<comments>http://www.bloggingthebookshelf.com/2011/11/11/people-sometimes-suggest-that-the-solution-lies-in/#comments</comments>
		<pubDate>Fri, 11 Nov 2011 04:41:05 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Criticism]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Reading Related]]></category>
		<category><![CDATA[blogosphere]]></category>
		<category><![CDATA[reading]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://www.bloggingthebookshelf.com/2011/11/11/people-sometimes-suggest-that-the-solution-lies-in/</guid>
		<description><![CDATA[people sometimes suggest that the solution lies in getting book reviewing out of the hands of hacks. Books on specialised subjects ought to be dealt with by experts, and on the other hand a good deal of reviewing, especially of novels, might well be done by amateurs. Nearly every book is capable of arousing passionate [...]]]></description>
			<content:encoded><![CDATA[<p>people sometimes suggest that the solution lies in getting book reviewing out of the hands of hacks. Books on specialised subjects ought to be dealt with by experts, and on the other hand a good deal of reviewing, especially of novels, might well be done by amateurs. Nearly every book is capable of arousing passionate feeling, if it is only a passionate dislike, in some or other reader, whose ideas about it would surely be worth more than those of a bored professional. But, unfortunately, as every editor knows, that kind of thing is very difficult to organise.</p>
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		<title>The Richest Cultural Moment in History &#8211; “Cultural Amnesia” &#8211; Clive James</title>
		<link>http://www.bloggingthebookshelf.com/2011/09/27/it-would-be-a-desirable-and-enviable-existence/</link>
		<comments>http://www.bloggingthebookshelf.com/2011/09/27/it-would-be-a-desirable-and-enviable-existence/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 05:15:05 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Art]]></category>
		<category><![CDATA[Civilisation]]></category>
		<category><![CDATA[Criticism]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Music]]></category>
		<category><![CDATA[Poetry]]></category>
		<category><![CDATA[art]]></category>

		<guid isPermaLink="false">http://www.bloggingthebookshelf.com/2011/09/27/it-would-be-a-desirable-and-enviable-existence/</guid>
		<description><![CDATA[It would be a desirable and enviable existence just to earn a decent wage at a worthwhile job and spend all one’s leisure hours improving one’s aesthetic appreciation. There is so much to appreciate, and it is all available for peanuts. One can plausibly aspire to seeing, hearing and reading everything that matters. The times [...]]]></description>
			<content:encoded><![CDATA[<p>It would be a desirable and enviable existence just to earn a decent wage at a worthwhile job and spend all one’s leisure hours improving one’s aesthetic appreciation. There is so much to appreciate, and it is all available for peanuts. One can plausibly aspire to seeing, hearing and reading everything that matters. The times are not long gone when nobody could aspire to that.</p>
<blockquote><p>I think this is a really important thing to remember. We might look back on previous times as somehow more culturally rich, but I wouldn’t choose to live in any time but now.</p></blockquote>
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		<title>Telecommunications Reform &#8211; “The Light on the Hill” – Ross McMullin</title>
		<link>http://www.bloggingthebookshelf.com/2011/09/02/keating-was-less-successful-in-the-battle-over/</link>
		<comments>http://www.bloggingthebookshelf.com/2011/09/02/keating-was-less-successful-in-the-battle-over/#comments</comments>
		<pubDate>Thu, 01 Sep 2011 23:47:05 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Australian Labor Party]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[ALP]]></category>
		<category><![CDATA[Labor]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[telecommunications]]></category>

		<guid isPermaLink="false">http://www.bloggingthebookshelf.com/2011/09/02/keating-was-less-successful-in-the-battle-over/</guid>
		<description><![CDATA[Keating was less successful in the battle over Telecom’s future, since cabinet decided to support Beazley’s proposal. After intense factional negotiations Beazley and the government carried the day at the special conference, where debate was spirited and at times – especially concerning Telecom – very technical. Grappling with the intricacies of telecommunications was, Beazley remarked, [...]]]></description>
			<content:encoded><![CDATA[<p>Keating was less successful in the battle over Telecom’s future, since cabinet decided to support Beazley’s proposal. After intense factional negotiations Beazley and the government carried the day at the special conference, where debate was spirited and at times – especially concerning Telecom – very technical. Grappling with the intricacies of telecommunications was, Beazley remarked, ‘like amateurs preparing to deal with brain surgery.’</p>
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		<title>&#8220;The Wealth of Networks:  How Social Production Transforms Markets and Freedom&#8221;, Yochai Benkler</title>
		<link>http://www.bloggingthebookshelf.com/2010/08/16/the-wealth-of-networks-how-social-production-transforms-markets-and-freedom-yochai-benkler/</link>
		<comments>http://www.bloggingthebookshelf.com/2010/08/16/the-wealth-of-networks-how-social-production-transforms-markets-and-freedom-yochai-benkler/#comments</comments>
		<pubDate>Sun, 15 Aug 2010 20:00:54 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Yochai Benkler]]></category>

		<guid isPermaLink="false">http://bloggingthebookshelf.wordpress.com/?p=692</guid>
		<description><![CDATA[Synopsis: By lowering the transaction costs of group action, the Internet has made possible a new model of production – commons based peer production. Not market driven, not government directed and not organisationally controlled, peer production within online communities of interest represents a qualitatively new form of production. Benkler was the first to identify it. [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline;"><img class="size-medium wp-image-693 alignright" title="benkler0806" src="http://bloggingthebookshelf.files.wordpress.com/2009/05/benkler0806.jpg?w=198" alt="benkler0806" width="198" height="300" /></span></p>
<p><span style="text-decoration: underline;">Synopsis:</span> By lowering the transaction costs of group action, the Internet has made possible a new model of production – <em>commons based peer production</em>. Not market driven, not government directed and not organisationally controlled, peer production within online communities of interest represents a qualitatively new form of production. Benkler was the first to identify it.</p>
<p><span style="text-decoration: underline;">My Take:</span></p>
<p>Yochai Benkler, a Law Professor at Yale University, is the grand-daddy of the theoretical analysis of online peer production. While Richard Stallman and Eric Raymond preceded him in making the philosophical/political case that underpinned the F/LOSS movement, Benkler was the first to engage in serious theoretical analysis of internet enabled peer production using established economic approaches.  While others had previously written about the unique economic characteristics of information economics (ie high fixed costs, low marginal costs, non-exhaustion and difficulty of exclusion), Benkler was the first serious academic to identify and describe the way that falling transaction costs of collaborative group action facilitated this kind of peer production. In fact, Benkler’s 2002 article, “<a href="http://www.yale.edu/yalelj/112/BenklerWEB.pdf">Coase&#8217;s Penguin, or Linux and the Nature of the Firm</a>” is probably the seminal article on peer-to-peer production in the networked information economy. Benkler’s early work underpinned a slew of more recent and highly influential publications (Clay Shirky&#8217;s <em>&#8220;Here Comes Everyone&#8221;</em><em></em>, James Surowiecki&#8217;s <em>&#8220;Wisdom of Crowds&#8221;</em><em> </em><em></em>and Don Tapscott&#8217;s<em> </em><em>&#8220;Wikinomics&#8221;</em><em></em>).</p>
<p>Benkler’s great insight was that the series of internet enabled phenomena like the Open Source Software movement, Wikipedia and a multitude of communities of expertise centred around blogs represented a genuinely new model of information/cultural production; a model he described as Peer Production. Benkler recognised that internet enabled social tools such as email, blogs and social networking sites have dramatically reduced the transaction costs of finding and maintaining contact with likeminded individuals. As a result, communities of interest allowing large scale collaboration outside traditional organisational or market relationships have only proliferated in recent times.</p>
<p><span id="more-692"></span></p>
<p>Within the blogosphere (a key example of this phenomenon at the time of the writing of “<em>The Wealth of Networks”</em>, communities of interest form around and between topic oriented blogs. Individuals with an interest in the topic of the blog converge around the site and interact with the blogger and each other through the comments section and other social media tools (eg email, social networking sites). Other interested bloggers also interact with the blog through almost ubiquitous comment ‘trackback’ functions that aggregate incoming links and comments for the blog. As a result, each blog acts as both a platform for, and a participant in, collaboration within communities of interest.</p>
<p>According to Benkler, each blog constitutes a node in the networked public sphere around which a community of interest may form. The contributions of participants in each community of interest are aggregated at the intra-blog level through the comments section and via direct communication with the blogger. The blogger then performs an initial filtering function, exercising discretion as to which contributions are then integrated into the body text of the blog in subsequent posts. The body text of each blog is then subject to filtering at the inter-blog level through a process of peer review within the broader community of bloggers writing on the relevant topic. Benkler theorises that this process of decentralised peer review will result in attention in the blogosphere being distributed according to the quality of each contribution, regardless of its source.</p>
<p>Benkler theorises that this will occur because high quality, salient contributions within the networked public sphere are likely to attract increased attention in the form of favourable coverage at other blogs and resulting links back to the original post. Low attention nodes have an incentive to try to draw attention to their higher quality posts by alerting more prominent bloggers in their immediate communities of interest to their posts via email, comments or trackbacks. These more prominent bloggers will filter these submissions and link back to high quality posts. As a result, high quality content that emerges from a low visibility node will diffuse through the community by moving up the attention distribution to be incorporated in high attention blogs. This attention distribution process is further accelerated by Google’s link-reliant, PageRank search algorithm that provides increased prominence to posts on blogs with more links.</p>
<p>In contrast, according to Benkler, a low quality contribution from a low attention node is likely to be ignored, or at most criticised by other bloggers within the community and is unlikely to attract further attention from within the community of interest. A high attention node that produces a low quality post is likely to attract criticism the community in the comments of the post in the short term and if the node continues to produce low quality information in the longer term, is likely to lose attention within the community. While inaccuracies are not prevented from being published, they are unlikely to be systemic and accuracy is likely to increase in the long term.</p>
<p>Benkler theorises that while not perfect, over time this process will generally result in higher quality, more salient information attracting more attention and low quality, low salience information being rejected or ignored. The implication of this community judged, meritocratic attention distribution process is that the reliability of information aggregated at any node within the networked public sphere will increase with the prominence of that node within a community of interest. In this way, Benkler essentially uses attention within the blogosphere as a proxy for quality and uses the skewed distribution of attention within communities of interest as a heuristic for judging the quality of blog content.</p>
<p>On top of this attention distribution filtering mechanism, the reliability of the content incorporated into the ‘A-list’ blogs within a community is further reinforced by the complimentary effect of “Linus’ Law” of Peer Production on the attention distribution process. Linus’ law provides that <em>“Given enough eyeballs, all bugs are shallow”</em>, that is that the participatory nature of the blogosphere will ensure that if enough people are viewing a piece of information someone will highlight any inaccuracies in this information, allowing it to be corrected. As such, the more people that are reading a blog, the more likely it is that someone will highlight an error in a post. In this way, filtering within the blogosphere occurs post-publication rather than prepublication. Benkler shows that while there are generally no formal editors vetting the content of an individual blogger pre-publication, the skewed distribution of attention within the blogosphere creates points at which an editorial filtering process can occur post-publication.</p>
<p>Sadly, Benkler isn’t the most accessible writer. A lot of the time he can get himself needlessly lost in esoterica and jargon. Further, when he strays from economics and moves into political economy and media studies  in Parts 2 and 3 of “The Wealth of Networks” both his persuasiveness and credibility suffer (in particular, Benkler seems to unquestioningly swallow a lot of the assertions of the <a href="http://en.wikipedia.org/wiki/Frankfurt_School">Frankfurt School</a> about the nature of traditional mass media and it’s normative inferiority to what he describes as the emergent online ‘networked public sphere’).</p>
<p><span style="text-decoration: underline;">Highlight:</span></p>
<blockquote><p>&#8220;Sometimes, under conditions I specify in some detail, these nonmarket collaborations can be better at motivating effort and can allow creative people to work on information projects more efficiently than would traditional market mechanisms and corporations. The result is a flourishing nonmarket sector of information, knowledge, and cultural production, based in the networked environment, and applied to anything that the many individuals connected to it can imagine.&#8221;</p></blockquote>
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		<title>“Infotopia: How Many Minds Produce Knowledge”, Cass Sunstein</title>
		<link>http://www.bloggingthebookshelf.com/2010/08/09/%e2%80%9cinfotopia-how-many-minds-produce-knowledge%e2%80%9d-cass-sunstein/</link>
		<comments>http://www.bloggingthebookshelf.com/2010/08/09/%e2%80%9cinfotopia-how-many-minds-produce-knowledge%e2%80%9d-cass-sunstein/#comments</comments>
		<pubDate>Sun, 08 Aug 2010 20:00:54 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Under-Rated]]></category>
		<category><![CDATA[Cass Sunstien]]></category>

		<guid isPermaLink="false">http://www.bloggingthebookshelf.com/?p=1462</guid>
		<description><![CDATA[Synopsis: University of Chicago Professor of Jurisprudence and polymath at large, Cass Sunstein reviews traditional models of aggregating and filtering information in the context of the impact of rapidly evolving technological change. If it was published on Twitter, I’d give it a re-tweet. My Take: The best summary of Cass Sunstien’s “Infotopia” comes from a [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-1636" title="0195340671" src="http://www.bloggingthebookshelf.com/wp-content/uploads/0195340671-199x300.jpg" alt="0195340671" width="199" height="300" /><span style="text-decoration: underline;">Synopsis:</span></p>
<p>University of Chicago Professor of Jurisprudence and polymath at large, Cass Sunstein reviews traditional models of aggregating and filtering information in the context of the impact of rapidly evolving technological change. If it was published on Twitter, I’d give it a re-tweet.</p>
<p><span style="text-decoration: underline;">My Take:</span></p>
<p>The best summary of Cass Sunstien’s <a href="http://www.amazon.com/Infotopia-Many-Minds-Produce-Knowledge/dp/0195189280">“Infotopia”</a> comes from a <a href="http://www.ethanzuckerman.com/blog/2006/11/30/cass-sunsteins-infotopia/">review</a> by Ethan Zuckerman:</p>
<blockquote><p>&#8220;You can think of Info-topia as a caged deathmatch between Hayek and Habermas, streamed live on the Internet. Habermas taps out somewhere around page 200.&#8221;</p></blockquote>
<p>If  this gets your intellectual juices are flowing, you can pick up this book for some first class discussion of the competing theoretical approaches to the aggregation and utilisation of dispersed information. If you’ve never heard of either Hayek of Habermas, you should probably pass up this fairly academic book for a more accessible take on the topic (Clay Shirky or James Surowiecki should do the trick).</p>
<p>Infotopia offers an engaging, if at times slightly academic, discussion of the various established models of information aggregation and filtering, their strengths and short-comings and the way these models are being influenced by the technological changes occurring under the umbrella description of Web 2.0.</p>
<p>Sunstein surveys the academic literature underpinning four models of information aggregation and usage:</p>
<ol>
<li>The statistical averaging of independent judgements of members of a group (ie the <a href="http://en.wikipedia.org/wiki/Condorcet's_jury_theorem">Condorcet jury theorem</a>);</li>
<li>Deliberation and reasoned exchange of individually held facts, ideas and opinions between members of a group (ie the Habermasian norm of <a href="http://en.wikipedia.org/wiki/Public_sphere">the Public Sphere</a>);</li>
<li>Allowing members of a group to buy and sell on the basis of their judgements and examining pricing within a market to aggregate diverse individual judgements (the <a href="http://www.econlib.org/library/Essays/hykKnw1.html">Hayekian model</a>); and</li>
<li><em>“.. enlist(ing) the Internet to obtain the information and perspectives of anyone who cares to participate.”</em> (eg through online collaborative tools like blogs, wikis etc).</li>
</ol>
<p>The most interesting sections of Infotopia come when Sunstein engages with this fourth model. I found this quite surprising as I thought Sunstein’s previous effort in this space (Republic.com) was overly pessimistic and relatively uninformed. But in “Infotopia”, Sunstein quite convincingly comes to the conclusion that online communities of interest are something qualitatively new for information aggregation and filtering; in Sunstein’s words <em>&#8220;Neither Hayek nor Habermas&#8221;</em>. Sunstein recognises that while online communities are able to utilise the ability of the Hayekian model to aggregate diverse information without reference to the formal authority of the source (and favourably cites Wikipedia founder Jimmy Wales&#8217;s declaration that <em>&#8220;Possibly one can understand Wikipedia without understanding Hayek… But one can&#8217;t understand my ideas about Wikipedia without understanding Hayek.&#8221;</em>), the lack of a price signal prevents it being a perfect analogue. Similarly, whilst online communities can perpetuate many of the short-comings of Habermasian deliberation models, particularly in the way that they can increase the ideological extremism of their members (<em>“When like-minded people cluster, they often aggravate their biases, spreading falsehoods.”</em><em> </em>), it can also avoid some of the worst instances of group think by allowing everyone to have a voice.</p>
<p>Both the strength and weakness of “Infotopia” is its academic grounding. Sunstein takes a much less evangelical approach to the potential of both groups, and technology, looking in detail at the circumstances that must be present before groups can outperform individuals at filtering information. In Sunstein’s <a href="http://americareads.blogspot.com/2006/11/pg-69-infotopia.html">words</a>:</p>
<blockquote><p>&#8220;A lot of the book is about how and why groups utterly fail to get the information that they need &#8212; about how and why private and public institutions (1) do not elicit the information their own members have, (2) amplify the errors of their most confused members, or (3) go to unjustified extremes.&#8221;</p></blockquote>
<p>This cautious, caveated approach can make “Infotopia” a little dry at times, but it does give additional credence to Sunstein’s conclusions when he does definitively come to a conclusion (in particular with respect to his generally <a href="http://uchicagolaw.typepad.com/faculty/2006/02/deliberation_da.html">depressing conclusions</a> regarding the shortcomings of deliberation and rational exchange in reaching good group decisions).</p>
<p>There’s an element of &#8220;an <a href="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=578301">excellent review article</a> stretched into a less impressive book&#8221; here, but on the whole it’s a worthwhile read.</p>
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		<title>New Arrival on the Bookshelf: Amazon Kindle</title>
		<link>http://www.bloggingthebookshelf.com/2009/10/30/new-arrival-on-the-bookshelf-amazon-kindle/</link>
		<comments>http://www.bloggingthebookshelf.com/2009/10/30/new-arrival-on-the-bookshelf-amazon-kindle/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 01:34:58 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Admin]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Under-Rated]]></category>

		<guid isPermaLink="false">http://www.bloggingthebookshelf.com/?p=1551</guid>
		<description><![CDATA[Another post, another excuse for sparsity of posting. Life remains professionally intense (though interesting) and Blogging the Bookshelf has had to take a backseat this month while I&#8217;ve focused on the day job. Thankfully while my blogging has suffered, my reading time has held up well (the one saving grace of interstate commuting) and I&#8217;ve [...]]]></description>
			<content:encoded><![CDATA[<p>Another post, another excuse for sparsity of posting. Life remains professionally intense (though interesting) and Blogging the Bookshelf has had to take a backseat this month while I&#8217;ve focused on the day job.</p>
<p>Thankfully while my blogging has suffered, my reading time has held up well (the one saving grace of interstate commuting) and I&#8217;ve had a good run of very enjoyable books in recent weeks including &#8220;<a href="http://www.amazon.co.uk/Brief-Wondrous-Life-Oscar-Wao/dp/0571239730/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1256863594&amp;sr=1-1">The Brief and Wondrous Life of Oscar Wao</a>&#8221; by Junot Diaz, &#8220;<a href="http://www.amazon.co.uk/Stalingrad-Antony-Beevor/dp/0141032405/ref=sr_1_4?ie=UTF8&amp;s=books&amp;qid=1256863621&amp;sr=1-4">Stalingrad</a>&#8221; and &#8220;<a href="http://www.amazon.co.uk/Berlin-Downfall-1945-Antony-Beevor/dp/0141032391/ref=sr_1_2?ie=UTF8&amp;s=books&amp;qid=1256863621&amp;sr=1-2">Berlin</a>&#8221; by Antony Beevor and <a href="http://www.amazon.co.uk/Uninvited-Geling-Yan/dp/0571220525">&#8220;The Uninvited&#8221;</a> by Geling Yan. So I&#8217;ve got a long backlog of freshly read books ready for blogging once I get some more free time.</p>
<p>The most exciting and blog-worthy arrival on my bookshelf in recent times however is my brand new shiny <a href="http://www.amazon.com/gp/product/B0015T963C?amp%3Brw_absolute=y">Amazon Kindle</a>. I am a long time &#8216;early adopter&#8217; of gadgetry, or as some have less charitably characterised it, a &#8216;prolific buyer of toys that I don&#8217;t need&#8217;. However, I have to say that so far I am especially pleased with my kindle purchase.</p>
<p><img class="aligncenter size-medium wp-image-1552" title="IMG00031-20091026-1450" src="http://www.bloggingthebookshelf.com/wp-content/uploads/IMG00031-20091026-1450-300x225.jpg" alt="IMG00031-20091026-1450" width="300" height="225" /></p>
<p>As a biliophile with hundreds of hard copy books on their bookshelf and a passion for stalking second hand book stores at every opportunity, I didn&#8217;t make the jump to e-books lightly. Given the (significant) upfront cost of a Kindle, you pretty well have to swear off buying hard copy books for quite a while to justify the purchase &#8211; a difficult sacrafice for someone with my proclivities.</p>
<p><img class="aligncenter size-medium wp-image-1556" title="IMG00033-20091026-1452_1" src="http://www.bloggingthebookshelf.com/wp-content/uploads/IMG00033-20091026-1452_1-300x225.jpg" alt="IMG00033-20091026-1452_1" width="300" height="225" /></p>
<p>However, after a lot of reflection during the extended period between the announcment of the international version of the Kindle and it&#8217;s availability for purchase, there were a few factors that ultimately tipped the balance in favour of taking the plunge:<em> </em></p>
<h4 style="padding-left: 30px;">Never having to pay for literary classics again</h4>
<p style="padding-left: 30px;">As an earnest young reader with pretentions of literary seriousness I&#8217;ve been slowly but steadily trying to work my way through the cannon of literary classics. As I&#8217;ve mentioned before, I&#8217;m really not a library person &#8211; it feels like a fascist imposition to me to have someone tell me when I need to read a book &#8211; so every classic means another purchase. Even at second hand prices this adds up.</p>
<p style="padding-left: 30px;">However, thanks to the joy of copyright expiration and the non-existent distribution costs of electronic books, there is a mindblowing number of literary classics available for free download from sites like <a href="http://manybooks.net/">Many Books</a> and <a href="http://www.gutenberg.org">Project Gutenberg</a>. Kafka, Camus, Dickens, Twain, Joyce, Austen, Bronte, Carroll, Tolstoy, Dostoyevsky, Chekov etc etc. There&#8217;s more than enough free content out their for the Kindle to keep you occupied for a very long time.</p>
<h4 style="padding-left: 30px;">Savings on Amazon Shipping Costs</h4>
<p style="padding-left: 30px;">Yes, Kindle books retail on Amazon for around half their hard copy list prices (plus a 15% increase for Australian readers), but to my mind, the real savings a realised through not having to pay the exorbitant costs of having books shipped half way around the world to be delivered to Australia (not to mention the agonising wait!). There&#8217;s real potential for savings here.</p>
<h4 style="padding-left: 30px;">Kindle&#8217;s Versatility</h4>
<p style="padding-left: 30px;">The final tipping point for my purchase was the fact that Kindle provides each user with an email account to which they can send documents for uploading onto their device. The benefit of this? Anyone (like me) who has a job that involves voluminous amounts of reading can easily email whatever documents they are working their way through to their Kindle for a portable, and more pleasurable reading experience. Instead of staring at an electronically lit rectangle for hours, or lugging around a bulldog clipped print out of the report de jour, I now transfer these documents onto my Kindle for my civilised consumption. I had heard a number of people in the US blogosphere spruiking this function for sometime before the Kindle&#8217;s release in Australia and was keen to take advantage.</p>
<p><img class="aligncenter size-medium wp-image-1554" title="IMG00036-20091026-1524" src="http://www.bloggingthebookshelf.com/wp-content/uploads/IMG00036-20091026-1524-225x300.jpg" alt="IMG00036-20091026-1524" width="225" height="300" /></p>
<h4>The Reading Experience</h4>
<p>What I couldn&#8217;t be sure of until I got my hands on one in real life was what the reading experience would be like. After a week&#8217;s reading I am happy to say that it is fantastic. The Kindle is light enough to be more comfortable in the hand than a paperback, but solid enough that you don&#8217;t feel like you&#8217;ll fumble it. I&#8217;ve already found myself strongly prefering it for reading in bed or on the couch where previously I needed to prop up books somewhere. The screen is very easy on the eye and if anything is a better experience than reading print on paper.</p>
<p>However, the most satisfying aspect of the Kindle reading experience was completely unexpected. Because the Kindle screen fits slightly less text than a paperback page, the more frequent &#8216;page turning&#8217; gives you a satisfying feeling of momentum whilst reading. The progress bar at the bottom of the screen reinforces this effect and gives you a graphic appreciation for how much you&#8217;ve read in a sitting.</p>
<h4>Gripes</h4>
<p>As you can see, on the whole I love my Kindle. I do however have a few gripes &#8211; and they are pretty well all functions of being an international Kindle user. You really are a second class citizen as an international user of Kindle. No access to content that is widely used in the US: no blog content, a very limited library of magazine content (no Economist, no New Yorker, none of the literary reviews) and a sadly limited library of books for purchase. It&#8217;s not just Australian specific authors who aren&#8217;t available to Australian Kindle readers &#8211; but many major new release books. Hopefully this will improve with time as Amazon reaches agreements with Australian rights holders, but it&#8217;s far from ideal at present.</p>
<p><img class="aligncenter size-medium wp-image-1559" title="IMG00037-20091026-1524" src="http://www.bloggingthebookshelf.com/wp-content/uploads/IMG00037-20091026-1524-225x300.jpg" alt="IMG00037-20091026-1524" width="225" height="300" /></p>
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		<title>&#8220;Foundation&#8221;, Isaac Asimov</title>
		<link>http://www.bloggingthebookshelf.com/2009/07/25/foundation-isaac-asimov/</link>
		<comments>http://www.bloggingthebookshelf.com/2009/07/25/foundation-isaac-asimov/#comments</comments>
		<pubDate>Sat, 25 Jul 2009 00:04:33 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Sci-Fi]]></category>
		<category><![CDATA[Under-Rated]]></category>
		<category><![CDATA[Isacc Asimov]]></category>

		<guid isPermaLink="false">http://bloggingthebookshelf.wordpress.com/?p=751</guid>
		<description><![CDATA[Synopsis: First novel (in order of release, not chronology) of the seven volume Foundation series tracing ‘psychohistorian’, Hari Seldon’s efforts to restore civilisation in the wake of the collapse of the Galactic Empire. My Take: I’m not usually a fan of Science Fiction (and I’m NEVER a fan of fantasy. Yes that includes The Lord [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-756" title="Isaac Asimov_1951_Foundation" src="http://bloggingthebookshelf.files.wordpress.com/2009/05/isaac-asimov_1951_foundation2.jpg?w=183" alt="Isaac Asimov_1951_Foundation" width="213" height="349" /><span style="text-decoration: underline;">Synopsis:</span> First novel (in order of release, not <a href="http://www3.sympatico.ca/n.rieck/links/cool_sci_fi.html#asimov-suggested-reading-order">chronology</a>) of the seven volume Foundation series tracing ‘psychohistorian’, Hari Seldon’s efforts to restore civilisation in the wake of the collapse of the Galactic Empire.</p>
<p><span style="text-decoration: underline;">My Take:</span> I’m not usually a fan of Science Fiction (and I’m NEVER a fan of fantasy. Yes that includes <em>The Lord of the Rings</em> – don’t even get me started). In my (admittedly limited) experience science fiction novelists too often submit to the temptation to invest too much of their imaginative skills in creating a fictional alternative world and not enough in creating depth and complexity in their characters. Similarly, to my mind, the ability to ‘make the rules’ in the fictional universe allows authors to imagine their way through some pretty improbable plot arcs. It’s a bit weak I know, but I just can’t see it as ‘real’ literature.</p>
<p>However, I make an exception for the <a href="http://www.amazon.com/Foundation-Novels-Isaac-Asimov/dp/0553293354">Foundation</a> series. It may be because I came upon him at a tender age, before I was overcome by my current insufferable pretentiousness, but for some reason I can forgive <a href="http://en.wikipedia.org/wiki/Isaac_Asimov">Isaac Asimov</a> of the sins of science fiction writing. I can still see all of the usual shortcomings, but for some reason they don’t seem to irritate me. Go figure.</p>
<p>While Asimov wrote more than 500 books, and managed to get an entry into 9/10 of the Dewy Decimal System categories (striking out in the 100s; philosophy and psychology), the Foundation series are considered his best work. <a href="http://en.wikipedia.org/wiki/I,_Robot_%28movie%29">Will Smith</a> and <a href="http://en.wikipedia.org/wiki/The_Bicentennial_Man">Robin Williams</a> might have popularised Asimov’s <a href="http://en.wikipedia.org/wiki/Isaac_Asimov%27s_Robot_Series">‘Robot Series’</a> in recent times, but for the Sci-Fi geeks, Foundation still reigns supreme. In fact, it was awarded the <a title="Hugo Award" href="http://en.wikipedia.org/wiki/Hugo_Award">Hugo Award</a> in Science Fiction for &#8220;Best All-Time Series&#8221;</p>
<p>The series tells a 500 year story arc beginning with the development of <a title="Psychohistory (fictional)" href="http://en.wikipedia.org/wiki/Psychohistory_%28fictional%29">psychohistory</a>, a branch of mathematics that could be used to predict the future at the macro-level (essentially it is like a kind of <a href="http://en.wikipedia.org/wiki/Econometrics">econometrics</a> but with less grand claims). Interestingly, &#8216;Foundation&#8217; has long had an appeal to economists and inspired the careers of Paul Krugman and <a href="http://www.wired.com/culture/culturereviews/magazine/17-06/nep_googlenomics?currentPage=all">Hal Varian</a>, Chief Economist at Google.</p>
<p>Using psychohistory, Seldon predicts the collapse of the current Galactic Empire (groan, I know) and the descent of man into a 30,000 year long dark-age. In an effort to reduce the time spent in decline to a mere millennia, Seldon establishes two ‘Foundations’ isolated and secluded planets tasked with preserving human progress to date and re-establishing civilisation.</p>
<p>How can this possibly be interesting reading if Seldon could see the future and therefore eliminate any prospect of failure for the Foundations? Well firstly, psychohistory only works at the macro-scale – it can’t predict the behaviour of small, isolated groups of people, which is exactly what is left after the collapse of the empire. Secondly, the citizens of the Foundations are not themselves aware of Seldon’s macro-predictions – such knowledge would affect the accuracy of his predictions. So the success of the Foundations in re-establishing civilisation is always in the balance &#8211; you’ll just have to read all seven volumes if you want to know whether the Galactic Empire is restored.</p>
<p><span style="text-decoration: underline;">Highlights:</span></p>
<blockquote><p>The Three Theorems of Psychohistorical Quantitivity:</p>
<ol>
<li>The population under scrutiny is oblivious to the existence of the science of Psychohistory.</li>
<li>The time periods dealt with are in the region of 3 generations.</li>
<li>The population must be in the billions (±75 billions) for a statistical probability to have a psychohistorical validity.</li>
</ol>
</blockquote>
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		<title>&#8220;The Long Tail&#8221;, Chris Anderson</title>
		<link>http://www.bloggingthebookshelf.com/2009/07/16/the-long-tail-chris-anderson/</link>
		<comments>http://www.bloggingthebookshelf.com/2009/07/16/the-long-tail-chris-anderson/#comments</comments>
		<pubDate>Thu, 16 Jul 2009 02:00:04 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Chris Anderson]]></category>

		<guid isPermaLink="false">http://bloggingthebookshelf.wordpress.com/?p=13</guid>
		<description><![CDATA[Synopsis: As search, storage and distribution costs trend towards zero in an increasingly digital world the economics of commerce are changing. While massively selling high-demand &#8216;hits&#8217; remain important, lower costs have made it economical to trade in an ever increasing &#8216;Long Tail&#8217; of low (but not zero) demand niche products a la iTunes, Amazon, eBay [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration:underline;"><img class="alignleft size-medium wp-image-872" title="Long tail" src="http://bloggingthebookshelf.files.wordpress.com/2009/05/long-tail.jpg?w=209" alt="Long tail" width="171" height="246" />Synopsis</span>: As search, storage and distribution costs trend towards zero in an increasingly digital world the economics of commerce are changing. While massively selling high-demand &#8216;hits&#8217; remain important, lower costs have made it economical to trade in an ever increasing &#8216;Long Tail&#8217; of low (but not zero) demand niche products a la <span class="blsp-spelling-error">iTunes</span>, Amazon, eBay etc etc.</p>
<p><span style="text-decoration:underline;">My Take</span>: Should be seen as one of the most influential books written in recent years. Neatly identifies and summarises the paradigm change in the economics of culture and commerce that has been brought on by the Web 2.0 world. I&#8217;d read the original article this book was based on a while back so I thought I was across the concept and I wasn&#8217;t in any hurry to read the extended version, but now I&#8217;m kicking myself for not having read it earlier. There are insights on every page.</p>
<p><span style="text-decoration:underline;">Highlight</span>: Some stunning facts about the history of media consumption including:</p>
<ul>
<blockquote>
<li>In 1954, 74% of houses with TVs tuned in to watch &#8220;I Love Lucy&#8221; (compared with only around 19% who watch the highest rating show on TV today &#8211; &#8220;<span class="blsp-spelling-error">CSI</span>&#8220;).</li>
<li>When the VCR was introduced in that late 1980s, early 1990s, movie distributors tried to sell videos at retail for $70-$80 a pop! Unsurprisingly, high market power content providers have struggled to deal with all historic changes to their market.</li>
<li>Finally, the most amusing description of the skills of a DJ I&#8217;ve ever read <em>&#8220;<span class="blsp-spelling-error">Clubgoers</span> vote instantly with their feet, relaying their decentralised expectation and preference info to the DJ in aggregate&#8221;</em>. <span class="blsp-spelling-error">ie</span> they leave the dance floor if they don&#8217;t like the music! (To be fair, this sentence is in no way reflective of what is an extremely accessible book).</li>
</blockquote>
</ul>
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		<title>&quot;Super Crunchers: How Anything Can Be Predicted&quot;, Ian Ayres</title>
		<link>http://www.bloggingthebookshelf.com/2009/07/06/super-crunchers-how-anything-can-be-predicted-ian-ayres/</link>
		<comments>http://www.bloggingthebookshelf.com/2009/07/06/super-crunchers-how-anything-can-be-predicted-ian-ayres/#comments</comments>
		<pubDate>Mon, 06 Jul 2009 00:00:51 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[ICT]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Ian Ayres]]></category>

		<guid isPermaLink="false">http://bloggingthebookshelf.wordpress.com/?p=622</guid>
		<description><![CDATA[Synopsis: Technological advances that dramatically reduce the costs of collecting and storing data combined with vast increases in computer processing power has made data driven decision making both more powerful and more feasible. My Take: Ian Ayres is a great advocate. Perhaps the reason for this is that he divides his time and expertise between [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-682" title="supercrunchers" src="http://bloggingthebookshelf.files.wordpress.com/2009/05/supercrunchers.jpg?w=195" alt="supercrunchers" width="178" height="274" /><span style="text-decoration:underline;">Synopsis:</span> Technological advances that dramatically reduce the costs of collecting and storing data combined with vast increases in computer processing power has made data driven decision making both more powerful and more feasible.</p>
<p><span style="text-decoration:underline;">My Take:</span> <a href="http://en.wikipedia.org/wiki/Ian_Ayres">Ian Ayres</a> is a great advocate. Perhaps the reason for this is that he divides his time and expertise between the law and economics (He is both the William K. Townsend Professor at Yale Law School and a Professor at Yale&#8217;s School  of Management). As a result of these divided loyalties, as a writer, Ayres retains the enthusiasm of an amateur as well as a lawyer’s focus in prosecuting a case. This mix can produce some engaging and exciting advocacy, but it can also leave him somewhat blind to the limitations and obstacles to his cause. “<a href="http://www.amazon.com/Super-Crunchers-Thinking-Numbers-Smart/dp/0553805401/ref=pd_bbs_1/102-8376873-5084944?ie=UTF8&amp;s=books&amp;qid=1193775244&amp;sr=8-1"><em>Super Crunchers”</em></a>, is no exception. In this book Ayres makes an enthusiastic and compelling case for the potential of data driven analysis, while completely overlooking the not insubstantial obstacles to realisation of this promise.</p>
<p>The core premise of <em>“Super Crunchers”</em> is a good one. The emergence of technologies that allow the collection of extraordinarily large datasets combined with the computer processing power that allows for the easy use of regression and randomisation trials to analyse these data sets does create an enormous opportunity for data driven decision making. And as Ayres demonstrates over and again in <em>“Super Crunchers”</em> the decisions informed by statistical algorithms frequently outperform those made by highly educated, but more intuitive, subject area experts.</p>
<p>The seminal example Ayres gives of how good data and a better algorithm can best the experts in the seemingly most subjective of fields is the story of Princeton economist, Orley Ashenfelter and his <a href="http://www.liquidasset.com/">Liquid Assets</a> wine newsletter. Armed only with <a href="http://harrisschool.uchicago.edu/About/publications/working-papers/pdf/wp_04_13.pdf">an algorithm</a> informed by time-series regression analysis Ashenfelter was able to predict the quality of Bordeaux vintages using only data on the vintage’s winter rainfall, average growing season temperature and harvest rainfall. While originally the subject of scorn and derision, Ashenfelter’s predictions proved to both gazump and better those of the connoisseurs on a consistent basis. Ashenfelter’s success and the publicity his cause attracted went on to inspire other data geeks to apply their statistical toolkits to other areas, most notably Billy Beane, the general manager of the Oakland Athletics, who applied the tools to the analysis of baseball prospects. Since the release of “Super Crunchers”, statisticians have achieved public success in a range of other fields including Daryl Morey, the General Manager of the Houston Rockets (“<a href="http://sports.espn.go.com/nba/playoffs/2009/columns/story?columnist=keri_jonah&amp;page=Morey-090512">the Dork Elvis of the NBA</a>”) in basketball and Nate Silver <a href="http://www.fivethirtyeight.com/">in politics</a>.</p>
<p>However, while there are plenty of success stories and while the potential is real, the fact is that a utopia of ubiquitous, rational, data-driven decision making is a long way from reality (For a good Australian take on this see Andrew Leigh <a href="http://www.google.com.au/url?sa=t&amp;source=web&amp;ct=res&amp;cd=5&amp;url=http%3A%2F%2Feconrsss.anu.edu.au%2F%7Ealeigh%2Fpdf%2FRandomised%2520policy%2520trials.pdf&amp;ei=o3tJSv_AJIaYkQXM7vi2BA&amp;usg=AFQjCNGJ1wIynJmCtz6RGNA4vbh9wfKD9Q&amp;sig2=xoxDB8l5Qdf0zNSFL7oX6Q">here</a>). As David Leonhardt pointed out in the <a href="http://www.nytimes.com/2007/09/16/books/review/Leonhardt-t.html?ex=1347595200&amp;en=30c4026262914854&amp;ei=5090&amp;partner=rssuserland&amp;emc=rss">New York Times review</a> of the book:</p>
<blockquote><p>“Evidence-based medical treatment, to take one of his favorite examples, is still far from the norm in this country.”</p></blockquote>
<p>While Ayres correctly identifies the potential of “Super Crunching”, I’m afraid he vastly under-estimates the social and institutional barriers to its proliferation.</p>
<p>For starters, there is a thicket of government regulation around privacy and data protection that stands in the way of data collection in a number of fields not the least of which, Medicine.</p>
<p>But moreso, the most significant barriers to the adoption of data-driven decision making are social and institutional. The ‘experts’ that Ayres anticipates being usurped by Super Crunching will not go slowly into the night.  These people currently hold positions of significant respect, power and influence by virtue of their ‘intuitive’ expertise. As has been seen in most of the examples that Ayres cites in his book, they will use their privileged and powerful positions to protect their current status whether via formalised professional standards or informal marginalisation of data geeks. While Ayres is cheerily optimistic about the ability for the demonstrably better Super Crunchers to naturally outperform and usurp the experts, I’m not as convinced. For the moment at least, the majority of fields of expertise are not quantitatively measurable. In a lot of areas, it’s not possible to decisively determine a winner and a loser in a contest between a Super Cruncher and a traditional expert. In these situations, the status quo will be a powerful obstacle to the adoption of wide spread data driven decision making.</p>
<p><span style="text-decoration:underline;">Highlight:</span></p>
<blockquote><p>“We are in a historic moment of horse-versus-locomotive competition, where intuitive and experiential expertise is losing out time and time again to number crunching.”</p></blockquote>
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		<title>&quot;Microtrends:  The Small Forces Behind Tomorrow’s Big Changes&quot;, Mark Penn</title>
		<link>http://www.bloggingthebookshelf.com/2009/06/26/microtrends-the-small-forces-behind-tomorrow%e2%80%99s-big-changes-mark-penn/</link>
		<comments>http://www.bloggingthebookshelf.com/2009/06/26/microtrends-the-small-forces-behind-tomorrow%e2%80%99s-big-changes-mark-penn/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 00:45:43 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Over-Rated]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Mark Penn]]></category>

		<guid isPermaLink="false">http://bloggingthebookshelf.wordpress.com/?p=1024</guid>
		<description><![CDATA[Synopsis: In/famous Clinton pollster, Burson-Marsteller CEO and Bowser look alike claims that small-scale, niche trends, identifiable through statistical analysis, are the key drivers for societal change. A long bow, stretched WAY too far for its own good. My Take: Love him or hate him (and let’s face it, most people hate him these days), Mark [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1028" title="micro" src="http://bloggingthebookshelf.files.wordpress.com/2009/06/micro.jpg?w=212" alt="micro" width="212" height="300" /></p>
<p><span style="text-decoration:underline;">Synopsis:</span> In/famous Clinton pollster, <a title="Burson-Marsteller" href="http://en.wikipedia.org/wiki/Burson-Marsteller">Burson-Marsteller</a> CEO and <a href="http://en.wikipedia.org/wiki/Bowser_%28Nintendo%29">Bowser</a> look alike claims that small-scale, niche trends, identifiable through statistical analysis, are the key drivers for societal change. A long bow, stretched WAY too far for its own good.</p>
<p><span style="text-decoration:underline;">My Take:</span> Love him or hate him (and let’s face it, <a href="http://tokblog.org/?p=798">most people hate him</a> these days), Mark Penn has played a pretty central role in progressive campaigning in the US over the past 15 years. As on e of the most influential pollsters/strategists of the Clinton wing of the Democratic party, Penn can claim to have contributed to the successes of Bill Clinton (in particular his identification of “Soccer Moms” as a key demographic in the 1996 US Presidential election), and the relative failures Hillary Clinton.</p>
<p>Microtrends is a bit of a microcosm of the good and the bad of Penn’s tactics in particular, but also pollsters and strategists in general (here’s a <a href="http://markjpenn.com/downloads/MicrotrendsIntroduction.pdf" target="_blank">link to the Introduction</a>). In a narrow sense, the basic principle of the ‘Microtrend’ is both sensible and important, if not revolutionary to any seasoned campaigner.  Penn reasonably defines a ‘Microtrend’ as:</p>
<blockquote><p>a small but growing group of people, who share an intense choice or preference, that is often counterintuitive and has sometimes been missed or undercounted by the companies, marketers, policymakers, and others.</p></blockquote>
<p>He similarly quite sensibly <a href="http://markjpenn.com/conversation.php">identifies</a> the importance of these groups to political campaigning:</p>
<blockquote><p>The art of trend-spotting, through polls, is to find groups that are pursuing common activities and desires, and that have either started to come together or can be brought together by the right appeal that crystallizes their needs.</p></blockquote>
<p>…</p>
<blockquote><p>It is those groups that can tip an election, make or break a business, or trigger a social movement. They make a huge difference, and yet many conventional commentators on society either don&#8217;t see them or deny them outright.</p></blockquote>
<p>All of which I agree with. All too often political analysts confuse popular support for an issue with vote changing support. 15% of voters who are willing to change their vote on a single issue can be far more politically important than 85% of voters with an opinion on an issue,</p>
<p>Further, the 75 ‘Microtrends’ that Penn identifies are both amusing and illuminating. The book is probably worth reading just for these case studies. Incidentally, there’s a reasonably good promotional <a href="http://www.facebook.com/apps/application.php?id=10036567867">Facebook app</a> you can run to see what ‘Microtrend’ you’re likely to fall into which is moderately amusing.</p>
<p>However, things start to go seriously astray when Penn begins to apply this sensible observation as a catch-all explanation of ALL social and political movements. For example, Penn claims that:</p>
<p><span id="more-1024"></span></p>
<blockquote><p>The whole idea that there are a few huge trends that determine how America and the world work is breaking down. There are no longer a couple of megaforces sweeping us all along. Instead, America and the world are being pulled apart by an intricate maze of choices, accumulating in “microtrends” &#8211; small, under-the-radar forcse that can involve as little as 1 per cent of the population, but which are powerfully shaping our society&#8230; Small is the new big.</p></blockquote>
<p>This is where Penn loses me. It’s one thing to say that many people are strongly motivated by niche concerns that are common to few other people. It might even be fair to suggest that as a result of the emergence of a fragmented, ‘new media’, these ‘microtrends’ are more important than in the past.  However, it’s entirely another thing to say that there aren’t equally important, broader, society wide influences on voter behaviour.</p>
<p>In fact, it’s ironic that this book was released in the lead up to the 2008, US Presidential election, an election in which a single mega-trend, the mass voter movement towards the ‘Change’ represented by Barack Obama, largely determined  the outcome. You only have to read his claims in Microtrends that:</p>
<blockquote><p>There is no One America anymore, or Two, or Three, or eight. In fact, there are hundreds of Americas, hundreds of new niches made up of people drawn together by common interests.</p></blockquote>
<p>to see how out of touch Penn was with the US Electorate in 2008.  The fact is that electorates are more than just the sum of the individual interests of the various groupings within it. There are common issues (patriotism, justice, change, security) that cut across niches and influence votes across the electorate. Penn makes the fundamental consultant’s mistake of believing his own bullshit in Microtrends and as a result, blows their influence totally out of proportion. Which is a shame, because ironically, in a narrow sense, Microtrends has a lot of small, but interesting points to make.</p>
<p><span style="text-decoration:underline;">Highlights:</span> Some of the more interesting Microtrends Penn identifies:</p>
<blockquote>
<h4>Extreme Commuters</h4>
<p>Among the millions of Americans driving to work every day, you&#8217;re pushing the limits (with 3.4 million others) by travelling more than 90 minutes each way. Whether it&#8217;s out of necessity or desire, you&#8217;ve taken discipline to the extreme, waking up at or before dawn to get to work. And you&#8217;re a key, niche consumer — you need ways to eat in the car, study in the car, and be entertained in the car. And boy are you interested in comfortable seats!</p>
<h4>Caffeine Crazies</h4>
<p>Life takes some extra energy, no? Lately you just can&#8217;t perform at your peak levels without a little help from those turbo-caffeinated, super-energy drinks. You&#8217;re part of a growing group who knows those drinks just fire you up for all the work and fun you&#8217;ve got to get done!</p>
<h4><strong>DIY Doctors</strong></h4>
<p>The biggest trend in American healthcare is DIYDs: Do-It-Yourself Doctors. These are people who research their own symptoms, diagnose their own illnesses, and administer their own cures. If they have to call on doctors at all, they either treat them like ATM machines for prescriptions they already “know” they need, or they show up in their offices with full-color descriptions of their conditions, self-diagnosed on WebMD.</p></blockquote>
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