Money and Finance
Books...
I just started the book The Nature of Value, and author Nick Gogerty mentions two other interesting books for the multidisciplinary thinker in the acknowledgements worth checking out, which he said provided him "a useful way of framing the 'why' of adaptive economic complexity as a process of thermodynamic and information flows":
1.
Into the Cool: Energy Flow, Thermodynamics, and Life2.
Cosmic Evolution: The Rise of Complexity in Nature
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Links
Google’s New Phone Service Bridges Cell and Wi-Fi Gaps (LINK) [It might be interesting to read this post from Benedict Evans last year first: Railways and WhatsApp.] David Ogilvy’s 1982 Memo “How to Write” Offers 10 Pieces of Timeless...
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Links
Barry Ritholtz Interviews Rob Arnott (LINK) Nick Kristof: Who’s Right and Wrong in the Middle East? (LINK) Charles Darwin's Beagle library (LINK) New book that looks interesting: The Nature of Value: How to Invest in the Adaptive Economy...
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This Is The Man Bill Gates Thinks You Absolutely Should Be Reading
“There is no author whose books I look forward to more than Vaclav Smil,” Bill Gates wrote this summer. That’s quite an endorsement—and it gave a jolt of fame to Smil, a professor emeritus of environment and geography at the University of Manitoba....
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David Epstein On Econtalk
David Epstein, writer for ProPublica and author of The Sports Gene, talks with EconTalk host Russ Roberts about the book. Epstein discusses a number of the ideas in the book including what we have learned about the nature vs. nurture debate, the role...
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Rick Bookstaber: Human Complexity & Financial Markets
Found via Simoleon Sense.In a recent post I discuss the limitations of neoclassical economics and the strain of behavioral economics that remains tethered to it. I argue that they fail because the market is inhabited by people, heterogeneous and context-sensitive,...
Money and Finance