Ermicioi

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Economics in One ...
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Oct 22, 2025 04:00AM

 
How Spies Think: ...
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The Art of Strate...
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Ermicioi Ermicioi said: " Some interesting ideas so far:
- The entire idea of game theory is that you're not dealing with a mathematical probability in your decisions because your decisions also affect the decisions of other players, so the landscape is constantly evolving.
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Dec 16, 2025 12:19PM

 
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Book cover for The King of Oil: The Secret Lives of Marc Rich
Any economic network is largely dependent on trust if it is to function well. As economists put it, a high degree of trust lowers the costs of transactions and compensates for a lack of information.
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Theodore Roosevelt
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
Theodore Roosevelt

Jack London
“The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.”
Jack London

“It’s important never to be ‘ambitious.’ Men of ‘ambition’ are losers. Act and feel like a winner and good things, friends, and victory will come.”
Bronze Age Pervert, Bronze Age Mindset

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