This TED talk by mathematician Steven Strogatz “shows how flocks of creatures (like birds, fireflies and fish) manage to synchronize and act as a unit when no one’s giving orders”. The parallels to market behavior and financial panic are implicit but obvious. We often perceive of our decisions during a crisis as unique and self-preservational, but the tendency toward spontaneous order is a powerful impulse. Coordinated reaction to natural threats, be it a hungry seal or predator hawk, can often increase a group’s biological fitness and probility of survival, while a coordinated reaction to financial crises can actually amplify individual risk – like Strogatz’s example of London’s Millenium Bridge – and only make matters worse…

As politicians and investors cast their enthusiastic support behind the legislation and technology necessary to christen the “New Age of Ethanol”, consensus among the world’s leading scientists is still critical at best. From hungry Mexicans to enraged environmentalists to ruffled foreign dignitaries, the real cost of ethanol has become increasingly obvious to all but the most cynical energy hucksters. Fueled by agricultural protectionism and the pressing drive for “energy independence”, the Ethanol Lobby is now humming on all cylinders, and if Runge and Senauer are right, that might spell disaster far beyond the pumps…

Reading is believing…

I cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdgnieg. The phaonmneal pweor of the hmuan mnid Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn’t mttaer inwaht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is taht the frist and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Amzanig huh? yaeh and I awlyas thought slpeling was ipmorantt!

Imagine learning for the very first time — contrary to public opinion and centuries of contemporary science — that the world was actually round. Imagine being that first group of scientists (regents and spiritual leaders) or politicians (again, regents and spiritual leaders) or shell-shocked shepherds who grazed for thousands of years through the countrysides of the known world, convinced that if they wandered just a little too far, they might, in fact, fall right off the edge of the planet.

Life in those days was distinctly two-dimensional. There were the heavens, and there was the earth, and never the twain should meet. Stars were but holes in a giant celestial blanket while various pagan deities pulled the moon and the sun…