zen quaker

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Tag: economics

Book Review III

The Darwin Economy

by Robert H. Frank

Adam Smith is not the founder of economics, Charles Darwin is. Both studied competition but Darwin saw that something that was a competitive advantage for an individual is sometimes a competitive disadvantage for the species.

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Quote VI

Quote of the week: “My colleagues, they study artificial intelligence. Me? I study natural stupidity.” -Amos Tversky, behavioral economist