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March
03
2017

Academic Research May Not Be Accurate 85 Percent of the Time
The Daily Bell Staff

Universities in America have typically been dominated by a liberal bias. …  The mindset of employees at such institutions is quite different than one might think. We’re not going to name any names in this essay; this isn’t about a person or individual University. It’s about the intellectual class, really the only public intellectual class in America with any respect; the Ivory Tower. If you haven’t heard this expression before, it refers to the high brow raised lip attitude class of University Professors and their associates. They have influence on every aspect of society. - ZeroHedge

This article states that academia is changing for the better after so many years of getting worse. It also makes the point that academia doesn’t really have any power, certainly not the way business does.

The intellectual class, the article says, is like Adam Smith’s hidden hand. They are subtle advisers who don’t control things “like the Illuminati does.”

They have influence rather than out-right power but they know how to wield that influence. They’ve influenced “literally every aspect of human life in America.”

More:

… Have you been hearing recently “Studies show that … Obamacare is more popular after the election” or some such nonsense. Who are they polling? They claim their polls aren’t biased, they are scientific. But these are the polls and methods that had Trump losing by a landslide!

What does this mean? The article states we’re experiencing a major paradigm shift in which the influence exercised by academia is gradually waning.

“Many published research findings are false or exaggerated, and an estimated 85 percent of research resources are wasted.” It’s likely that some researchers are consciously cherry-picking data to get their work published … The problems of false findings often begin with researchers unwittingly fooling themselves: they fall prey to cognitive biases, common modes of thinking that lure us toward wrong but convenient or attractive conclusions.

This is a good deal of falsity, a massive amount actually, enough to render the entire academic infrastructure unworkable. But it feels right to us. We’ve wondered ourselves about the polls that show such a visceral and deep dislike for Donald Trump.

The article states that “We interpret observations to fit a particular idea. Psychologists have shown that “most of our reasoning is in fact rationalization.” Within this context academic “studies” can certainly have a large amount of rationalization. Scientists may ask “How am I right?” instead of asking, “How am I wrong,” which is what should be asked.

Partially as a result of the Trump election, the Ivory Tower Psychosis is happening in an obvious way now, at a class level, as a group.  Reality is crashing down, as it doesn’t fit with a given “reality.”

Their “Reality Based Community” is coming apart. The reality generated by empire is not working properly at a time when the current administration is anti-empire in many ways.

This is a very important point, though we would tend to think that the crashing of this reality is ultimately related to the Illuminati itself. We don’t think any of these realities are entirely de-linked.

In fact to take it a step further, we’ve often observed that, at this point in time, a chief goal is to spread chaos. There’s no reason why at the very top, chaos is being disseminated in academia as well as elsewhere.

Conclusion: In that case, the current chaos will probably grow a good deal worse along with many other kinds of disruption. The ultimate goal is to take down existing society and academia is part of that larger structure. It will therefore be part of the larger chaos and the disruption will continue.

 

 

 

Anthony Wile is an active investor, business strategist and consultant, financial markets commentator, publisher and author. Having lived and worked in several leading financial centers around the world, he has established an international network of asset managers, banks, family offices and financial analysts, as well as institutional investors and securities firms.

As Founding Chairman and CEO of The Wile Group Ltd., Wile now provides consulting and strategic financial advisory services to select firms and individuals within this network. Anthony founded The Daily Bell and served as its Chief Editor until February 2016. He is the author of four books: Financial Freedom: The High Alert Way to Discover Winning and Profitable Investment Ideas, High Alert: How the Internet Reformation is causing a financial hurricane – and how to profit from it, and The Liberation of Flockhead. He serves as a director of Fundación PharmaCielo, which endeavors to assist rural Colombians through partnering with existing organizations and efforts to improve living conditions and expand opportunities.

 

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