904 books
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1,255 voters
“The 2011 US budget included $60 billion for “protection” and another $964 billion for “defense.” With a population of 311 million people, that averages out to $3,294.60 spent by every man, woman, and child for government protection. That does not include the additional taxes you pay to support your local police, incidentally.”
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“Kids who are good at traditional school—repeating rote concepts and facts on a test—can fall apart in a situation where that isn’t enough. Programming rewards the experimental, curious mind.”
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“Insight 1: Human decision making serves evolutionary goals. The traditional way of thinking about human behavior is based almost completely on a consideration of people’s surface goals—getting a decent bargain on a pair of dress shoes, for example, or picking a fine restaurant for a date next Saturday. But humans, like all animals, evolved to make choices in ways that promote deeper evolutionary purposes. Once we start looking at modern choices through this ancestral lens, many decisions that appear foolish and irrational at the surface level turn out to be smart and adaptive at a deeper evolutionary level. Insight 2: Human decision making is designed to achieve several very different evolutionary goals. Economists and psychologists have often assumed that humans seek a single broad goal: to feel good or to maximize benefits. In actuality, all humans pursue several very different evolutionary goals, such as acquiring a mate, protecting themselves from danger, and attaining status. This is an important distinction. Depending on which evolutionary goal they currently have in mind, consciously or subconsciously, people will have very different biases and make very different choices.”
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“As Lee Rainie and Barry Wellman document in their book Networked, people who are heavily socially active online tend to be also heavily socially active offline; they’re just, well, social people.”
― Smarter Than You Think: How Technology is Changing Our Minds for the Better
― Smarter Than You Think: How Technology is Changing Our Minds for the Better
“Despots, it turns out, are learning to practice what journalist Rebecca MacKinnon calls “networked authoritarianism”—the use of the Internet to consolidate power. Rather than simply ban all digital communications, they realize, why not leave it partially open? Then dissidents will engage in public thinking and networking, which is a great way to keep tabs on them. “Before the advent of social media, it took a lot of effort for repressive governments to learn about the people dissidents are associated with,” as the writer Evgeny Morozov notes in The Net Delusion.”
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Economics
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— last activity Jul 14, 2020 11:44AM
A place to gather and discuss economics books, papers, forecasts and trends.
Michael’s 2025 Year in Books
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