Anyone who tells you YouTube is a den of disinformation is watching the wrong videos.. and to prove it, here’s one that taught me a new word. Homophily could also be called cognition bias,or echo chamber bias. I think it’s lack of critical thinking.
I’m no economist. I have zero qualifications on the subject, but it’s not rocket science, and over the years I’ve listened to enough really clever people – Nicole Foss, Richard Murphy, Steve Keen and more – to realise that mainstream economists have no idea of what they’re talking about…
This is UK centric, but make no mistake, it’s a global phenomenon…. enjoy.
Description
The Blind Spot in The Rest Is Politics – Barry’s Economics
This video isn’t about attacking Rory Stewart, or about bad faith, stupidity, or intent. It’s about something more uncomfortable… and much more common. Some of the biggest mistakes in modern politics and economics aren’t made by extremists or idiots. They’re made by intelligent, well-meaning people who all make the same mistake at the same time, and don’t notice it.
Decision science has a word for this: homophily. When people with similar backgrounds, training, and assumptions cluster together, their errors stop cancelling out. They line up. That’s when consensus starts to feel like evidence. Using Rory Stewart and The Rest Is Politics as a case study, this video looks at:
1 – Why expert agreement can become unreliable in complex systems
2 – How dismissal replaces critique
3 – And why voices from outside elite circles often sound “dangerous” rather than informative This isn’t a call to shout louder. And it isn’t a rejection of expertise. It’s a reminder that when everyone around you agrees, that’s often the moment you should check what you might be missing.
We are, as Nate Hagens would put it, already in some sort of a “Mordor Economy,” where we spend more and more energy just on getting the next batch of energy and other resources—sacrificing everything we hold dear in the process. Human well being. Nature. Our future. This path we are on, however, is not only unsustainable but puts us on an accelerated trajectory towards a radically simplified world economy. And while many people believe that we can still alter our course—or at least, that we could’ve changed direction 50 years ago—all this was “written” in the laws of physics. The question is thus not “how we stop this from happening” but what is beyond Mount Doom?
Median power densities of fossil fuel, nuclear, and renewable electricity generation (W/m2). Source: ResearchGate
Damn the Matrix 
