Monthly Archives: September 2014

Time Favors the Disruptors

the rents earned by those companies stem from their preexisting intellectual property, rather than from their current managerial talents. That’s Tyler Cowen discussing stock buybacks. Another way of saying that big companies are slow and built to maximize what they have … Continue reading

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How To Really Learn

Here’s Michael Pettis: I remember reading in the early 1990s for example a very interesting book about the US “long depression” of the 1880s and 1890s that began with the September 1873 crash in the NY Stock Exchange. The book … Continue reading

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Because We Lie To Ourselves

Here’s Robin Hanson in a short post suggesting that high school career counseling might work better if it were more like tarot card reading. Contrast such life readings to school career counselors. Such counselors usually refer to statistics about the … Continue reading

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And The Actuaries Settle Things

I’ve never seen the word “actuaries” so much in print outside of trade publications. Here’s the NYT: The National Football League, which for years disputed evidence that its players had a high rate of severe brain damage, has stated in federal court … Continue reading

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Evil is Complicated

Here’s Ross Douthat: The point is that as a society changes, as what’s held sacred and who’s empowered shifts, so do the paths through which evil enters in, the prejudices and blind spots it exploits. So don’t expect tomorrow’s predators … Continue reading

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