Zurich Minds Symposium

Last night, we went to a symposium called “Zurich Minds.” You can find out more about it at http://Zurichminds.com. Our friend, Rolf Dobelli brings together people from all over the world to talk about what is on their minds. Last year, we went to hear another friend, Nassim Taleb, author of The Black Swan. This year, we went to see what Rolf would come up with.

The program was fascinating, as usual. A young woman explained neutrinos. A young man told us about his hobby. On weekends, he puts on a suit that makes him look a little like a flying squirrel, if you can imagine a flying squirrel dressed in parachute silk. Then, he drives up to one of Switzerland’s highest cliffs and jumps off. With the help of his flight suit he is able to fall/glide down the mountainside, covering 2.5 meters in horizontal distance for every one meter of fall. Then, at the last minute, he pulls a small parachute to break his fall.

He was meant to make his presentation with a fellow jumper. Alas, the other fellow died two weeks ago in a tragic accident.

One of the highlights of the program was a noted surgeon who showed us how to operate on a human brain. Some people left the room, their hands to their mouths…but we were glued to the screen. We had never seen brain surgery at all; last night we got to see it from the surgeon’s perspective.

“There is some science involved,” said Dr. Bertalanffy. “But it is mostly a skill that you learn over many, many years. It takes at least 10 years to master it…no, more like 20. And I’m still learning. And this is not something you can learn in school. You have to learn it by working with a real master. And that master had to learn it from another master.

“You are dealing with very small, delicate nerves, arteries and veins. But you are also dealing with a human being. Just a tiny error and the person will never be the same again. You don’t want to make a mistake…”

We watched in suspense and amazement as Dr. Bertalanffy showed a video of brain surgery as he saw it. He probed into the soft tissues…exploring the folds and crevices in a brain, looking for a tumor…and then getting it out without causing further damage.

He told the story of how he once performed an emergency operation in a foreign country, with no preparation and without proper tools.

“I don’t think I would do it again. But this woman came to me. She needed this operation or she could die at any minute. But it was a very dangerous and difficult operation, deep in the brain. I was actually at the airport and ready to get on a plane to come back to Switzerland. But she came to see me at the airport and I agreed to do it. Something told me that it would be all right. And she was confident too. I don’t usually pray when I operate. Just like I don’t expect the pilot to pray when I get in a plane; I expect him to be capable of flying the plane. But this time, I prayed. And I’m happy to say, it worked out.”

The star of the show, however, was Dan Dennett, an American philosopher from Tufts University. Mr. Dennett believes the world and everything in it is an accident, in the sense it has no purpose and no designer. He says he can explain human consciousness without resorting to ‘magic.’

But there was nothing very original in his approach, as near as we could see. And something a bit too smug and self-satisfied about his conclusions. Like the dotcom hustlers at the end of the ’90s…or Wall Street in 2006… He acted as though he had it all figured out.

He described the creation and development of human beings and their culture in much the same terms that Austrian economists explain the workings of an economy. They are the result of ‘spontaneous order,’ in which the pieces assemble themselves without the help of central planning. Things take shape from the bottom up…cells get together to form hands and arms…and brains. One person joins with another to form a community. Then, they develop culture, language and so forth…all of it – like successful businesses – the result of natural selection rather than divine intervention.

“The best way to understand cultural Darwinism,” said Dennett, “is to think of the Polynesian canoe. The canoe makers don’t necessarily understand why they make them the way they do. But they still make them well…and improve them over time. The rule is pretty simple: if the canoe comes back, copy it.”

We’re perfectly willing to believe that that’s the way the process appears to a 21st century observer. We suspect, however, that professor Dennett may be leaving something out – the part he doesn’t understand. Darwinism only describes the mechanisms…the drive chain…of the evolving world. It doesn’t really tell you much about ‘why’ things are the way they are or what they will be in the future. Nor does it have much to do with the existence or non-existence of a grand designer – God. If God wanted to throw a monkey wrench into the gears, He could do so anytime He wanted. He could also permit people like Dan Dennett to think they know what they are talking about. God would have to build the world with something. Why not eukaryotes, quarks and evolution?

What separates man from the beasts? Put the question to some of our friends in London and they will say “the English channel.” In Paris, they say “the Mediterranean.” Dan had a different answer. Not a body of water; a body that chatters.

Even termites live in communities…build elaborate cities…and have a division of labor. But ants can’t transmit knowledge and ideas via words. This is the critical, distinguishing feature of mankind…and it is what has permitted him to be so successful, he says. He can pass ideas and information by way of ‘memes’…words are ‘memes.’

“The triumph of human kind is a very recent development. Ten thousand years ago we were just another animal trying to make a go of it on planet earth. Humans – and all their livestock – were barely 1% of the vertebrate biomass on the planet. Now, they are 98% of it.”

Hmmm…1 to 98. What a spectacular success story. A 5,000% increase. Hey wait a minute…that’s a bubble! Yes, dear reader, humans are a sell.

Until next time,

Bill Bonner
for Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.
Bill Bonner

Latest posts by Bill Bonner (see all)

Leave a Reply

Be the First to Comment!

Notify of
Letters will be edited for clarity, punctuation, spelling and length. Abusive or off-topic comments will not be posted. We will not post all comments.
If you would prefer to email the editor, you can do so by sending an email to letters@marketsandmoney.com.au