Inadequate Equilibria

off-the-cuff

high-variance.

I’m merely emphasizing that to find a rare startup idea that is exploitable in dollars, you will have to scan and keep scanning, not pursue the first “X is

backward chaining,

found that what mainly predicted voting behavior wasn’t how much the voter liked their preferred party, but how much they disliked the opposing party.

It’s that there are too many people advocating changes in the system for their own reasons, who could also draw diagrams that sounded equally convincing to someone who didn’t already understand Nash equilibria.

Meta-problems in general—even problems as simple as first-past-the-post versus instant runoff for particular electoral districts—are issues outside the Overton window.

shoot off your own foot

This fits into a very common pattern of advice I’ve found myself giving, along the lines of, “Don’t assume you can’t do something when it’s very cheap to try testing your ability to do it,” or, “Don’t assume other people will evaluate you lowly when it’s cheap to test that belief.”