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GOAT: Who is the greatest economist of all time and why does it matter?
econgoat.aiWhy Nerds are Unpopular
paulgraham.comThe theory by Erik Hoel states that: We're not maximizing the potential of the world's most gifted individuals because we're not educating them the right way. In the past, geniuses did not go to school; they were tutored — getting most of their education at home, for a single person (or a small group of people).
Dror Poleg • Gays, Jews, and Geniuses
“self-interested behavior is learned behavior, and people learn it by studying economics and business.”
Nathan Schneider • Governable Spaces: Democratic Design for Online Life
The economist, philosopher, and writer Henry Hazlitt sums up the dilemma: In the modern world knowledge has been growing so fast and so enormously, in almost every field, that the probabilities are immensely against anybody, no matter how innately clever, being able to make a contribution in any one field unless he devotes all his time to it for ye... See more
Shane Parrish • The Generalized Specialist: How Shakespeare, Da Vinci, and Kepler Excelled
All citizens over 18 would get an annual distribution, in dollars and company shares, into their accounts. People would be entrusted to use the money however they needed or wanted—for better education, healthcare, housing, starting a company, whatever. Rising costs in government-funded industries would face real pressure as more people chose their ... See more
Sam Altman • Moore's Law for Everything
Caplan offers the following thought experiment: “Would you rather have a Princeton diploma without a Princeton education, or a Princeton education without a Princeton diploma? If you pause to answer, you must think signaling is pretty important.” In pursuit of signaling value, students flocked to universities.
David Perell • What the Hell Is Going On?
Hayek’s argument was predicated upon the premise that knowledge is always ‘local’ and all attempts to aggregate it are bound to fail. The world, in his eyes, is too complex for its essence to be distilled in some central node; e.g. the state. If we hardly understand our own preferences and capabilities, how on earth can we hope to aggregate the kn
... See moreWhy Valve? Or, what do we need corporations for and how does Valveâs management structure fit into todayâs corporate world? | Valve
feeling so far is that standardized testing and performance-based salaries are likely to push education from social norms to market norms. The United States already spends more money per student than any other Western society. Would it be wise to add more money? The same consideration applies to testing: we are already testing very frequently, and ... See more