Governance & Academia

by Jack · updated 1mo ago

  • Self-Reliance

    Emerson's "Self-Reliance" advocates for individualism, nonconformity, and trusting one's inner voice while criticizing societal conformity and reliance on external validation for personal growth and fulfillment.

    by Ralph Waldo Emerson

    Jack added 1mo ago

  • Collective hallucinations and ineÿcient markets: The British Railway Mania of the 1840s

    The British Railway Mania of the 1840s illustrates market inefficiencies and collective hallucinations among investors, leading to significant financial losses despite available evidence and insightful criticism regarding railway demand and revenue projections.

    by Andrew Odlyzko

    Jack added 1mo ago

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