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Ray Dalio • Principles: Life and Work
Philip was the first economist to make use of his son’s invention of path diagrams.
Dana Mackenzie • The Book of Why: The New Science of Cause and Effect

Claude is now being listed as an author on arXiv papers
A response paper to Apple's "Illusion of Thinking" work just dropped with Claude Opus as first author, critiquing their experimental design and arguing the reasoning collapse was actually just token limit constraints. https://t.co/32TuCUx27e
Conventional economics asks how agents’ behaviors (actions, strategies, forecasts) would be upheld by—would be consistent with—the aggregate patterns these cause. It asks, in other words, what patterns would call for no changes in microbehavior, and would therefore be in stasis or equilibrium.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
Hence, we are more likely to accept a dangerous idea if it aligns with our own experiences and is supported by the people we value.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
In the terminology of mathematics, what I did here (and in my writing) was to “make a conjecture,” a qualified guess based on limited information. A hypothesis. The mathematician Alexander Grothendieck, whom Johanna and I have written about elsewhere, would always summarize his first impression of a new situation with a conjecture, proclaiming with... See more
the question of representation needs to precede the question of acquisition.
Judea Pearl, Dana Mackenzie • The Book of Why
