Pseudo Random News and Comment, Late Edition

Nice use of HFT to show the superiority of Menger’s ideas on price determination. What I call the “irresistible urge to aggregate” clouds nearly all thinking in economics today.

Is it possible to use more of our brain? No, but we can use it better.

When you are at your worst, you’re at your best. Your best creative time may not be when you think

Knee replacements on shaky footing.

Marvin Minsky’s The Society of Mind remains influential, though rarely credited. This article on decision-making in bees is an example. The process in this article is especially interesting given functionally similar systems in the human brain – though humans are often stuck in two states of mind for long periods of time, even permanently, when conflicting ideas or goals remain unreconciled.

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