A Quote by John Maynard Keynes
Well, when I get new information, I rethink my position. What, sir, do you do with new information?
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The 1970s was the decade of developments in the new area of information economics. Search theory, which emphasized the need to gather information, was joined by models that featured asymmetric information, the case in which information differed across individual agents.
Today we are on the brink of another extraordinary revolution. The Information Age is already over and an exciting new epoch is taking its place. Remember, the key point is this: When wealth is derived from a new source - say information rather than industry - a new economic era is born.
Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we will find that the information that we thought was so important becomes tempered, and reduced in significance, by new and related information that follows.
Having learned something, we tend to cling to that belief, even in the face of overwhelming evidence to the contrary. New information comes in all time, and the thing we ought to be thinking about doing is changing our beliefs as that new information comes in.
Well, there's a question as to what sort of information is important in the world, what sort of information can achieve reform. And there's a lot of information. So information that organizations are spending economic effort into concealing, that's a really good signal that when the information gets out, there's a hope of it doing some good.
Well, there's a question as to what sort of information is important in the world, what sort of information can achieve reform. And there's a lot of information. So information that organizations are spending economic effort into concealing, that's a really good signal that when the information gets out, there's a hope of it doing some good...
Getting new information through Web-surfing almost always feels more rewarding than having to generate new information in the work that is in front of us. It therefore takes increasing amounts of self-discipline to stay on task.
New possibilities for a more active democracy are beginning to emerge in the information age. Effective citizen action is possible if citizens develop the abilities to gain access to information of all kinds and the skills to put such information to effective use.
Through the information the Pleiadians bring, we come into a new innate understanding of ourselves, and a new remembering. That really allows us to move forward on our path with that information. It's empowering. It puts things in perspective, back into place. It makes sense of everything that we are and what we're doing here, and what we have done and where we are going.
The human brain long ago evolved a mechanism for rewarding us when we encountered new information: a little shot of dopamine in the brain each time we learned something new. Across evolutionary history, compulsively seeking information was adaptive behavior.
Human memory, they say, is like a coat closet: The most enduring outcome of a formal education is that it creates rows of coat hooks so that later on, when you come upon a new piece of information, you have a hook to hang it on. Without a hook, the new information falls on the floor.
You know, entropy is associated thermodynamically, in systems involving heat, with disorder. And in an analogous way, information is associated with disorder, which seems paradoxical. But when you think about it, a bit of information is a surprise. If you already knew what the message contained, there would be no new information in it.
People who relate what they believe to be new and startling information like to have such information received with exclamations of astonishment and admiration.
The organization of information actually creates new information.
If 'The New York Times' didn't exist, CNN and MSNBC would be a test pattern. 'The Huffington Post' and everything else is predicated on 'The New York Times'. It's a closed circle of information from which Hillary Clinton got all her information - and her confidence.
The function of journalism is, primarily, to uncover vital new information in the public interest and to put that information in a context so that we can use it to improve the human condition.
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