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Live versus Dead Players
Thinking in evolutionary terms is essential for understanding adaptive complex systems. And evolution is not just about biology; it applies to a broad range of adaptive complex systems, including economics and the other social sciences. Firms, for example, have to make profits or they quickly go out of business, illustrating that selection underlie
... See moreJ. Doyne Farmer • Making Sense of Chaos: A Better Economics for a Better World
A friend of mine recently asked me if I thought everything was systemic. I said I think that’s sort of right. Take systemic racism. I tend to think that while systemic racism exists, “progress” on questions of race is no less systemic. This is not how we like to talk about things in the United States. We imagine entrenched injustice that is righted... See more
Damian Marusic • Progress Without Heroes
The challenge we all face is how to maintain the benefits of breadth, diverse experience, interdisciplinary thinking, and delayed concentration in a world that increasingly incentivizes, even demands, hyperspecialization. While it is undoubtedly true that there are areas that require individuals with Tiger’s precocity and clarity of purpose, as com
... See more(Journalist) David Epstein • Range: How Generalists Triumph in a Specialized World
Like chess masters and firefighters, premodern villagers relied on things being the same tomorrow as they were yesterday. They were extremely well prepared for what they had experienced before, and extremely poorly equipped for everything else. Their very thinking was highly specialized in a manner that the modern world has been telling us is incre... See more