Sublime

“In equilibrium systems, everything adds up nicely and linearly. It is trivial to generalize to many agents; this simply corresponds to connecting more glasses of water. The effect on the water level from adding several drops of water is proportional to the number of drops. One does not have to think about the individual drops. In physics, we refer

This matters, argues economist Robert Frank, because ‘our beliefs about human nature help shape human nature itself’.

“Bowley’s Law.”

Apportant à l'humanité l'immortalité physique, Djerzinski a évidemment modifié en profondeur notre conception du temps ; mais son plus grand mérite, selon Hubczejak, est d'avoir posé les éléments d'une nouvelle philosophie de l'espace.

According to the principles of quantum mechanics, anything that can move does move, spontaneously. As a result, the distance between two points fluctuates. Upon combining general relativity with quantum mechanics, we calculate that space is a kind of quivering Jell-O, in constant motion.

If you believe in deflation, U.S. Treasuries offer great value. Unsurprisingly, the biggest proponents of deflation are David Rosenberg and Lacy Hunt. Both work at firms that manage a lot of money in bond funds.

At the time, a fierce debate was raging about whether centrally planned economies like that of the Soviet Union—in other words, economies where there was a single core responsible for creating and distributing goods and services—worked better than free market economies where planning and production were done by an undirected, decentralized crowd. M