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Jukka Aakula
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Jukka Aakula said:
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Formal. Requires at least some mathematics - especially game theory. But very good book on what is driving democratization.
An easier one by Acemoglu is "Why Nations Fail [and succeed" which discusses the problem of institutional development and deve ...more "
We have seen two diametrically opposed responses to the Great Depression. The first, the collapse of the Weimar Republic in Germany, was an example of a zero-sum Red Queen, where each side competed to undercut the other without any
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This is the main question we face today inside every country. How to react to the problems of polarization and inequality and loss of trust. The Swedish Folkhem way with coalition of businesses, workers and peasants or the Weimar way creating dictatorship.
Risto liked this
“One key adaptation of a malignant cancer is to increase the rate of mutations. A fast-growing tumor isn’t just one type of cancer cell that is rapidly proliferating. It is a boiling cauldron of hyper-mutating cell lines that compete against each other. Another adaptive strategy for a cancer cell is to disperse so that it can compete against normal cells rather than against other cancer cells—metastasis.”
― This View of Life: Completing the Darwinian Revolution
― This View of Life: Completing the Darwinian Revolution
“Representation is a principle which is fundamentally just and vital to the successful conduct of industry…Surely it is not consistent for us as Americans to demand democracy in government and practice autocracy in industry…With the developments of industry what they are today there is sure to come a progressive evolution from autocratic single control, whether by capital, labor, or the state,”
― This View of Life: Completing the Darwinian Revolution
― This View of Life: Completing the Darwinian Revolution
“The truth is that we have little empirical knowledge about the connection between merit and success in most countries, and that is precisely the heart of the problem: in the absence of information, anyone can believe what they want.”
― Economics for the Common Good
― Economics for the Common Good
“the collective reputation is a public good for the group. Defending the collective reputation entails an entirely private cost but a benefit that is shared by the whole community. This is why there is a tendency toward free-riding.”
― Economics for the Common Good
― Economics for the Common Good
“Tetlock selects Marx and libertarians31 as examples of hedgehogs who stick to a simple worldview and whose grand predictions never materialize.”
― Economics for the Common Good
― Economics for the Common Good
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Jukka’s 2025 Year in Books
Take a look at Jukka’s Year in Books, including some fun facts about their reading.
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