Embedded Growth Obligation
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"We have effectively entered a period in which we cannot trust our experts. I think that what began as a desire to contribute and to do real work, ended with an understanding that we’ve got two generations of institutional experts that are corrupted, and that we cannot wake up from this crazy fever dream that we’re all in, because we can’t figure out who we can still trust.
The doctors are compromised. The professors are compromised. The Journalists are compromised. The politicians are compromised.
About the only thing that isn’t badly compromised are people with an independent source of sustenance — individuals and very small groups are about the only thing that is free of this disease of the Embedded Growth Obligation (EGO)."
Eric's central thesis is that the Embedded Growth Obligation is generative (a parent) of major problem areas in modern society, and that these are a specific form and instantiation of institutional derangement due to Embedded Growth Obligations.
- H1B Visas as a mechanism to suppress STEM wages
- Mask and PPE shortages in the Coronavirus pandemic as a result of institutional failures
- String Theory as a dead end in physics
- The reproducibility crisis in the social sciences
- Campaign finance corruption and unfairness
Eventually, this page should be a fuller explanation of EGO, but for the time being here are a few links to things we were able to find doing a Google Search.