{"id":10803,"date":"2010-01-13T14:01:09","date_gmt":"2010-01-13T21:01:09","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=10803"},"modified":"2010-01-13T14:01:09","modified_gmt":"2010-01-13T21:01:09","slug":"the-physics-of-economics-will-not-be-mocked-just-ask-youtube","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10803\/the-physics-of-economics-will-not-be-mocked-just-ask-youtube\/","title":{"rendered":"The Physics of Economics Will Not Be Mocked – Just Ask YouTube"},"content":{"rendered":"

Don’t know about you, but I’m sick to death of all the propaganda about Free being the future of ideas. Really? Let’s take that to the extreme. Ideas should be free for the asking? Not in my world. But if you listen to all the utopian crack smokers pontificating while enjoying their afternoon expressos at the local Ivory Tower Starbucks, they’ll tell ya — and I swear I’m not making’ this up — you’ve seen it everywhere — ‘information wants to be free’<\/em>. Information doesn’t want anything. Duh. Folks who don’t\/won’t\/can’t come up with new ideas\/information — they<\/em> want information to be free. <\/p>\n

Allow me a major, albeit, related detour. I promise it’ll swerve back to the whole concept of Free. I’m reading one of the best books I’ve come across in quite some time. Outliers<\/em>, written by Malcolm Gladwell<\/em>. In it, among other things, he gives some astounding examples of what he empirically proves are totally erroneous conclusions based upon false assumptions. These false conclusions are then ‘proven’ by future results. In other words, horrible analysis produced WAY wrong conclusions, which were then proven ‘correct’ years later. Confusing? Here’s an example I lived in real time. <\/p>\n

Gladwell talked about this in his book, though he chose youth hockey as an example. Their system mirrors Little League exactly. We all know how Little League works. The kids are kept within their own ages more or less, so as to keep things on as even a keel as possible. When it comes time to pick All-Star teams, performance, merit if you will, is the criteria. It’s been the same since before I was born. It’s also been universally accepted as the best system. Why? They simply point to the kids they chose as ‘the elite’. As they grew older, a percentage became stars in high school. From there, some went to college and thrived at that level. Some eventually became Major League players. How much proof do we need, right? Those not chosen didn’t amount to a hill of beans for the most part. <\/p>\n

Wrong, analyst breath. The entire theory is built Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Don’t know about you, but I’m sick to death of all the propaganda about Free being the future of ideas. Really? Let’s take that to the extreme. Ideas should be free for the asking? Not in my world. But if you listen to all the utopian crack smokers pontificating while enjoying their afternoon expressos at […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2,6],"tags":[],"class_list":{"0":"post-10803","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","7":"category-marketing","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":981,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/981\/let-ideas-kill-themselves\/","url_meta":{"origin":10803,"position":0},"title":"Let Ideas Kill Themselves","author":"Jeff Turner","date":"February 2, 2007","format":false,"excerpt":"The last 36 hours have been interesting to watch, both on ActiveRain and here on BloodhoundBlog. Perhaps there's something in the water, but there have been a slew of posts about REALTOR? commissions and what is the \"fair price\" to pay for their services. Here are a few: Are you\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2705,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2705\/does-the-renet-mean-real-estate-or-resist-everything\/","url_meta":{"origin":10803,"position":1},"title":"Does the RE.net mean Real Estate or Resist Everything?","author":"Teri Lussier","date":"March 5, 2008","format":false,"excerpt":"In a recent post, Brian Brady said he's been talking to me and that's kinda sorta true. What's really going on is that he's been doing the talking\u00a0while\u00a0I've been doing the whining, just like a lot of us in real estate.\u00a0What he didn't tell you is that he gave me\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2389,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2389\/unchained-gift-ideas-get-the-most-from-your-amazon-gift-certificates\/","url_meta":{"origin":10803,"position":2},"title":"Unchained gift ideas: Get the most from your Amazon gift certificates","author":"Greg Swann","date":"December 18, 2007","format":false,"excerpt":"Presumably you're getting Amazon gift certificates in every new batch of email. We've been playing with a lot of music ideas, and here are some of them in easy-to-click, easy-to-own form:Cash American Extraordinary Fiona Tom Waits: Beautiful Maladies Leonard Cohen: I'm Your Man -- the movie... Lyle Lovett: It's Not\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10912,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10912\/10-creative-business-card-ideas\/","url_meta":{"origin":10803,"position":3},"title":"10 Creative Business Card Ideas","author":"Richard Riccelli","date":"January 20, 2010","format":false,"excerpt":"Not all business cards are created equal. Good ones burn into the brain. Start a relationship. And build your brand. The best ones turn a simple intro and some bare info into lasting commitments and customers for life. Some cards are better than others as this recent article from Inc.\u2026","rel":"","context":"In "Innovation"","block_context":{"text":"Innovation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/innovation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2010\/01\/before%2Bafter_biz_card-300x169.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12480,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12480\/four-years-of-the-dog-happy-birthday-to-all-the-hounds\/","url_meta":{"origin":10803,"position":4},"title":"Four years of the dog: Happy Birthday to all the hounds…","author":"Greg Swann","date":"June 29, 2010","format":false,"excerpt":"I want to challenge everything. After four years of hammering away at this thing, the other night I finally came up with a mission-statement that best describes my own involvement here -- and everywhere: I want to challenge everything. I love classical ideas, but not because they're old, and I\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11082,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11082\/regrettably-we-have-to-rethink-all-of-our-ideas-about-staging-homes\/","url_meta":{"origin":10803,"position":5},"title":"Regrettably, we have to rethink all of our ideas about staging homes","author":"Greg Swann","date":"January 30, 2010","format":false,"excerpt":"How are we ever going to top this? Oh, yes. It's real. Mrs. Buyer said, \"I don't even want to think about what happened in that room.\" My risposte? \"Nothing happened in that room!\" But: Even so: It's an interesting real estate problem, isn't it? It would be $500, at\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=10803"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10803\/revisions"}],"predecessor-version":[{"id":10822,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10803\/revisions\/10822"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=10803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=10803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=10803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}