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Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
tim.blogRead Something Wonderful - Kludgeocracy
readsomethingwonderful.com
New results on tariff history do not favor protectionism - Marginal ...
marginalrevolution.com
Patrick Collison • Science Is Getting Less Bang for Its Buck
David Freedman, “Lies, Damned Lies, and Medical Science,” Atlantic, October 4, 2010, http://www.theatlantic.com/magazine/archive/2010/11/lies-damned-lies-and-medical-science/308269/.
Leslie F. Stebbins • Finding Reliable Information Online: Adventures of an Information Sleuth
“Patents per researcher” has been falling for most of the twentieth century.
Tyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
read a great article of Marc’s in the Atlantic titled “Hacking the President’s DNA.”
Ferriss, Timothy • Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
The importance of thinking on the margin did not become commonplace in economics until 1871, when marginal thinking was simultaneously described by three economists: William Stanley Jevons, Carl Menger, and Leon Walras. Economists refer to the “marginal revolution” to explain this transformation in economic thought.
Alex Taborrok • Modern Principles of Economics
I don’t mean to deny the productivity gains where we find them, such as in information technology, but I fear that those gains are being offset by productivity losses elsewhere in the economy. A simple example: In 2005, finance accounted for 8 percent of U.S. GDP, and that figure had been rising throughout the 2000-2004 “productivity boom” period.
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