Any verbal communication
belongs here (rumours, gossip, general knowledge, background dormant
data, etc.).
The modern world is glutted by information, formal and informal,
partial and comprehensive, out of context and with interpretation.
There are no conceptual, mental, or philosophically rigorous
distinctions today between information and what it denotes or stands
for.
Actors are often mistaken for their roles, wars are fought on
television, fictitious TV celebrities become real. That which has no
information presence might as well have no real life existence. An
entity - person, group of people, a nation - which does not engage in
structuring content, providing and disseminating it - actively engages,
therefore, in its own, slow, disappearance.
Market Impeders and
Market Inefficiencies
By: Dr. Sam Vaknin
Even the most devout proponents of free marketry and hidden hand
theories acknowledge the existence of market failures, market
imperfections and inefficiencies in the allocation of economic
resources. Some of these are the results of structural problems, others
of an accumulation of historical liabilities. But, strikingly, some of
the inefficiencies are the direct outcomes of the activities of "non
bona fide" market participants.
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