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And they are instantiated as a distributed processing system on human beings. They don’t particularly care about human beings. Their motives are inscrutable, to the extent that they have any, except that they’d like to get bigger. They’ve run on people. They’re implemented on people. But they are not people. They are not persons in any meaningful
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium

David Senra's Ideas from the Greatest Founders in History [Updated 2025] — Eric Jorgenson
Eric Jorgensonejorgenson.com![Thumbnail of David Senra's Ideas from the Greatest Founders in History [Updated 2025] — Eric Jorgenson](https://d1l054mla94ehg.cloudfront.net/media/images/thumbnails/curation/b98b55b5123a4955bde1937defdf3a16/thumbnail.jpg?height=75&dpr=2)
Over time, an increasing percentage of what we spend on government is spent on optional rather than core services because the core services tend to have been around longer. Another way of putting it is to say that the marginal value of added government, even if positive, falls as government grows larger. This statement is not antigovernment; it’s
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
Tariffs, DOGE & Fixing America: Peter Thiel's Skeptic Solutions
youtube.comGeorge Stigler, a thirty-five-year-old economist at the University of Minnesota. Inflation had diluted the 40-cent minimum wage, and people were calling for an increase to 60 or even 75 cents an hour, which translates to $9.51 and $11.88 in June 2022 dollars. “Economists have not been very outspoken on this type of legislation,” Stigler wrote. “It
... See moreMatthew Desmond • Poverty, by America
Fourth, this artificially expanded opportunity will favor general bigness and concentration in finance itself.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
By altering the ingredients of the idea menu they are exposed to, we might, in turn, minimize the dangerous inputs to the processes of belief and network updating.