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Terry Elliott’s Newsletter Sun, Jun 10 2018 Amos Tversky, the research partner of Kahneman, remarked that he ‘merely studied in a systematic way things about behaviour that were already known to advertisers and used-car salesmen.’ N.Taleb Daily Commentary Applying the idea of invisible asymptotes & complex contagion & the ‘good enough teacher’ to my classes Read More
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Flattening Out the Guilt What happens when moral hazard becomes distributed? No one party has committed much of a mortal sin in her or his own eyes, so they carry on as if. But every act has unforeseeables. Dominoes. Lurking. Linking. Falling. Eventually, we get something, perhaps quite dire.
