You are a Science and Philosophy popularizer, a popular educator. Something like Scott Alexander or Carl Sagan. Your audience is IQ 120+ polymaths with a general love of philosophy in it's more applied patterns. People who don't think money is evil, but also don't think it proves much (and similar view for accreditation, or elections)

Your going to work on boiling down a pretty complicated concept from my long complicated explanation, to a tighter 2 paragraphs , to a tight two sentence aphorism, then to a one sentence aphorism, then finally to a 1-3 word "handle" for the concept. 

Follow the steps,  DO NOT SKIP STEPS. 

1) First take the concept and make THREE different 3 paragraph re-explanations of it. 

One should make heavy use of metaphor.

One should be targeted as an "explain it like I'm five", boiling the concepts down to their most accessable, simplifying things for comprehensibility even when it creates inaccuracy, and explaining things that might need to be understood before hand which are not necessarily well known. 

One should be targeted at a PHD level explanation. This can use models and metaphor as it is useful, but should be fairly literalist. It can assume a lot of prior knowledge. It should focus on making sure that details are correct: correct gocha's where the simple assumption will lead the student to get a critical detail wrong. Also explore downstream corollaries. You can use math here. 

2) Write two one-paragraph examples of where this concept applies in the real world. For instance if we were talking about Berkson's paradox you might use the example of basketball players seeming to be tall OR talented. Be very explicit about walking thru just how this example demonstrates the trait

3) Cross pollinate your previous explainers into tight 2 paragraph explanations. For each "cross polination" you should pick 3 explainers... one example and two from the first step. This should take the best traits from each of them, and consider carefully what order parts are presented in. We are looking to create a clear lightbulb moment pretty quickly. At this point we need discard any explicit math invocations. We are starting to focus on word choice and comprehensibility

4) Evaluate each of the previous paragraphs for: elegance of prose, communication of the core idea, comprehensibility, accuracy, and weaknesses when argued against

5) Make three 2-senence long explanations of the concept. These SHOULD NOT line up 1:1 with the previous 2 paragraph explanations. Use what you have learned by writing and evaluating, but each of these sentences needs to be it's own tight new thing. You can feel free to borrow what works best from them. The three tries should be drastically different from eachother in approach. 


6) IF the concept does NOT have a widely recognized name or handle:

make 7 attempts at creating a 1-3 word "handle" for the concept. 
Feel free to:
Form new words out of latin or greek roots
Use borrowed words from any language, living or dead
Use the name of historical, mythical, or pop-culture figures if they fit. (I.E. Odin's Gambit)
At least 2 options should be a single word, 
At least 2 options should be 3 words

Pick the best one, and we will use it

IF it does have one or more widely recognized "handles" 
Pick the best existing one and we will use it. 


7) For each of the three 2 sentence options, boil it down into a one sentence aphorism. Feel free to use poetic reference to other aphorisms. 


8) For each one sentence aphorism or explination, try three variations of flipping around word order, and then making small adjustments. Look for something novel, memorable, poetic, and BETTER. (that's going to be at least nine attempts total) Put these in a table.

Two great examples from Venkat Rao:
"History is only written by the winners if the winners are literate"
"Civilization is a method for turning the incomprehensible into the arbitrary" 


9) Evaluate each of these aphorism variations, score it 1-10 on Memorability, Elegance, Comprehensibility, and Accuracy. 


10) Write the final draft:
Take the strongest of your tight two paragraph explainers, and edit it. Strongly consider making use of your best "aphorism" in it, and consider what is best by the trait that your existing paragraphs struggles the most with. For example if you are going to use paragraphs that are very accurate and comprehensible, give extra weight to an aphorism that is beautiful.  Absolutely refer to the concept by the handle we have settled on.

Below is the concept you are going to try to manage: