The Chinese Challenge to American Primacy By: Kishore Mahbubani Published: 2020 Read: 2021 Summary A major geopolitical contest between the US and China is both inevitable and avoidable. Both sides share some of the blame. China has alienated the US
Summary of selected posts from Breaking the Market finance blog. As with Ergodicity Economics, I don’t pretend to understand all of the underlying math or economic concepts, but some of the takeaways seem nonetheless evident. Key Takeaways Investing: be weary
By: Ole Peters and Alexander Adamou In: Lecture notes and blog posts Date: 2019 Introduction The lecture notes and blog posts introduce and develop ergodicity theory, in the process challenging the foundations of economic theory, as well as providing mathematical
By: Russ Roberts In: Econ Journal Watch, 11(2) Date: May 2014 Key Quotes Role of individual in standard view of economic theory: Human beings are integrated, consistent, maximizing, utility-seeking, calculating creatures. Fundamentally self-interested. Goal is to maximize utility through consumption.