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The Unaccountability Machine by Dan Davies is a fantastic book, which argues that people create these models because if you can reduce decision-making to an algorithm, or a formula, or a process, or a procedure, you avoid the risk of blame. Computer says no, effectively.

Instinctively, people love to codify things, and make them numerical, and turn ... See more

Adam Grant • Are We Too Impatient to Be Intelligent?

The Big Short: Inside the Doomsday Machine

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The optimal amount of fraud is non-zero

bitsaboutmoney.com

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Skin in the Game

Nassim Nicholas Taleb

Cover of Skin in the Game

The Folly of Certainty

Howard Marks oaktreecapital.com

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Misbehaving: The Making of Behavioral Economics

Richard H. Thaler

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Boom: Bubbles and the End of Stagnation

Cover of Boom: Bubbles and the End of Stagnation

An Economist Walks Into a Brothel

Allison Schrager

Cover of An Economist Walks Into a Brothel

Hedge: A Greater Safety Net for the Entrepreneurial Age

Cover of Hedge: A Greater Safety Net for the Entrepreneurial Age