Elections, for their part, are typically popularity contests rather than measures of candidates' relative competency or effectiveness. Imagine if scientific truth were determined according to which scientist was most popular. To be successful, scientists would have to be charismatic and attractive - and human knowledge would suffer terribly.
From Nathan Myhrvold
We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.
From Nathan Myhrvold
People get cranky when you burst their bubble. Over time, advances in astronomy have relentlessly reinforced the utter insignificance of Earth on a celestial scale. Fortunately, political and religious leaders stopped barbecuing astronomers for saying so, turning their spits with human-rights activists instead.
From Nathan Myhrvold
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