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“Average is over.”1 In his book of the same title, Cowen argues that because of increased computerization, automation, outsourcing, and regionalization, we are increasingly living in a world in which the top performers do a lot better than the rest.

Scott Young • Ultralearning - 4Books

The Armchair Economist (revised and updated May 2012): Economics & Everyday Life

Steven E. Landsburg

amazon.com

Cover of The Armchair Economist (revised and updated May 2012): Economics & Everyday Life

Tyler’s distribution strategy, application design, intellectual tastes, and influence on awardees all interplay to explain his success as a talent curator.

kulesa.substack.com • Tyler Cowen is the best curator of talent in the world

foundations were laid in Victorian times. Now it is changing radically. Standard economics is suddenly being challenged by a number of new approaches: behavioral economics, neuroeconomics, new institutional economics. One of the new approaches came to life at the Santa Fe Institute: complexity economics.

Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)

@patrick_oshag Dan Ariely @danariely - his Predictably Irrational is one of the two books I recommend to all founders. It’s simply must study (not just read)

Peter Garety x.com

Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler, “Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias,” Journal of Economic Perspective 5, no. 1 (1991): 193– 206, http://users.tricity.wsu.edu/~achaudh/kahnemanetal.pdf

Greg Mckeown • Essentialism: The Disciplined Pursuit of Less

Longreads + Open Thread

Byrne Hobart thediff.co

The “other countries should put tariffs on China” idea and the “China should shift its economy toward domestic consumption” idea are unified in the worldview of Michael Pettis, who has advocated both things. He has been saying that China needs to increase the share of consumption in its domestic economy for well over a decade, and it seems to me... See more

The Pettis Paradigm and the Second China Shock

Silicon Valley is an extraordinary theatre of sociology right now. Apropos of nothing, my observations about a few people I'm paying attention to: - Why Sam Altman does interviews at all is beyond me. He's so verbally slithering it's an absolute insult to the public. He thinks you are stupid or too cowardly to say it... See more

Justin Murphy x.com