{"id":1305,"date":"2016-11-16T23:23:28","date_gmt":"2016-11-16T23:23:28","guid":{"rendered":"https:\/\/blog.jillpearlman.com\/?p=1305"},"modified":"2016-11-16T23:23:28","modified_gmt":"2016-11-16T23:23:28","slug":"the-art-of-the-hoax","status":"publish","type":"post","link":"https:\/\/blog.jillpearlman.com\/?p=1305","title":{"rendered":"The ART of the HOAX"},"content":{"rendered":"

\"screen-shot-2016-11-16-at-6-14-29-pm\"<\/a><\/p>\n

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“So the secret of the stock market…” my father began.\u00a0 Was I interested?\u00a0 I was an introverted, 12-year-old would-be artist, and he a savvy person of the world, small businessman and maverick. Maybe I yawned, but who wouldn’t be interested in secrets?\u00a0 As it turned out, he was talking about psychology and construction of reality.<\/p>\n

“So the secret is the market is based on perception,” my father said when he saw he’d caught my eye. “People buy and trade stocks not based on their real value, but on how much other people think they are of value.\u00a0 It’s a gambling game.\u00a0 It’s not about what cards your fellow gambler has, and not even how well he bluffs. \u00a0All that matters is what the other players at the table think of the way he bluffs.”<\/p>\n

Aha! I was thrilled to be in on the dark knowledge that money people work in strange ways. \u00a0They operate in a complicated, agreed-on confidence game that floats in an ether above the ground level of reason.\u00a0 Reason is not the foundational given – it is based not on reason or what should happen, but in some strange way, on collective emotion.<\/p>\n

Why do we think that politics is different?\u00a0 What a mistake to think politics unfolds rationally – that because people are unhappy, they will investigate the reasons for their dissatisfaction and vote to fix it.\u00a0 It’s not about reason, stupid.\u00a0 It’s\u00a0perception.\u00a0\u00a0<\/em>Who but a master American capitalist would better understand the time-honored American art of the hoax?<\/p>\n","protected":false},"excerpt":{"rendered":"

  “So the secret of the stock market…” my father began.\u00a0 Was I interested?\u00a0 I was an introverted, 12-year-old would-be artist, and he a savvy person of the world, small businessman and maverick. Maybe I yawned, but who wouldn’t be … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[529,526,528,527],"class_list":["post-1305","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-trump","tag-con-games","tag-construction-of-reality","tag-perception"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4D5qU-l3","_links":{"self":[{"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/posts\/1305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1305"}],"version-history":[{"count":5,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/posts\/1305\/revisions"}],"predecessor-version":[{"id":1310,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=\/wp\/v2\/posts\/1305\/revisions\/1310"}],"wp:attachment":[{"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.jillpearlman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}