Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Charles T. Mungeramazon.com
Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
The take-home message from Schelling’s story—that incentives sometimes backfire—is familiar to psychologists.
Stuart Armstrong gives closely related advice: Cut up your Great Thingy into smaller independent ideas, and treat them as independent. For instance a marxist would cut up Marx’s Great Thingy into a theory of value of labour, a theory of the political relations between classes, a theory of wages, a theory on the ultimate political state of mankind.
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