Dangerous Models on cod fish populations and the current financial crisis, via kottke.
for most of earth’s surface systems, whether biological or geological, the complex interaction of huge numbers of parameters make mathematical modeling on a scale of predictive accuracy that would be useful to fishers a virtual impossibility.
i’ve caught some flack for being cynical and pessimistic for believing this, that essentially all these predictions we make for the future are just educated crapshoots and will often turn out to be wrong, most notably on our economy and the environment.
i think it’s gone so far as to make friends think i’m a global climate change naysayer, but that’s not what i think at all; i don’t doubt that global climate change is occurring and that it will have some crazy effects on the world, i just doubt that we can accurately predict what will happen as a result. i mean, we can’t even figure out a unified theory of physics, or even how many codfish there are in the world, how can we accurately predict what the earth will look like when the temperature is increasing, iceburgs are melting, cows are farting, polar bears are swimming, the polarity of the earth is weakening, and we’re hurtling through space at millions of miles per hour amongst many other things hurtling through space?
anyways, this also kinda relates to the argument i had with jancy over the cyclical nature of the economy and whether or not we would know if we had entered economic collapse. with the environment, scientists will very willingly report that we have entered a death spiral because awareness of the increasing problem is essentially a call to action to try and counteract it. with our economy, however, the logic is kind of reversed because reporting on some kind of economic death spiral could cause massive amounts of panic which would in turn cause the death spiral itself. i dunno. i don’t want to be alarmist, and i ain’t no mathematician, but the math of our current prosperity just doesn’t jive with me.