More from Overcoming Bias
The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations (quotes below), by Donald Chew, persuaded me that for-profit-firm capitalism has varied quite a lot over space and time, and that the U.S.
To those who see just how much better is a civilized life, one of the most terrifying things one can learn from history is that pretty much all past civilizations fell.
Standard decision theory says that all decisions combine two key factors: opinions on values, and beliefs about facts.
It is relatively easy to identify a list of things that we want, in the sense of preferring a life with more of them to less of them.
We humans have brains that guide our behavior, inserting complex “signal-processing” between input from our eyes, ears, etc., and output to control our hands, mouth, etc.
More in history
I had a dinner with a friend tonight and we spoke of how the new era which has just begun makes lots of our knowledge, or the ways of thinking, about international relations, economic policies, poverty and wealth etc.
One reason I became a historian is the joy of encountering moments in the past that are foreign, yet also oddly familiar.
Willing suspension of disbelief is not a good basis for lawmaking