Sublime
An inspiration engine for ideas
Bill Bernbach’s letter of resignation from Grey in 1947, warning about the hidden costs of scale is the best thing I've read this year https://t.co/QNGwf1qF5h
In economics the particles, that is, agents, are endowed with some kind of foresight. Their image of the future affects the present.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
It traditionally assumed that firms were independent, and so changes would be independent, and so their sizes and aggregate effects would be distributed normally.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Any solution implies a complete transition of our behaviour, our technology, and the power structures that organize society. In the transition, we will see further segregation of winners from losers in a world already stratified by deep, unjust inequality. If we already struggle with generational issues like pensions and housing, we ain’t seen noth
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