LAI

“Because torpedoes took some time to slice through the water to hit their target, the submarine’s periscope operator had swiftly to judge a ship’s speed and direction before firing the torpedo on an intercept course.”
― Tim Harford, How to Make the World Add Up : Ten Rules for Thinking Differently About Numbers

“You do not get a job or funding in this system by producing important scholarship that is productive and useful to the real world, but by furthering the agenda of the funders.”
― Saifedean Ammous, The Bitcoin Standard: The Decentralized Alternative to Central Banking

“Nightingale and Farr concluded that poor sanitation had caused many of the deaths in the Crimean War hospitals, and that most military and medical professionals had failed to learn this lesson. The problem was much bigger than one war: it was an ongoing public health disaster in barracks, civilian hospitals and beyond. The pair began to campaign for better public health measures, tighter laws on hygiene in rented properties, and improvements to sanitation in barracks and hospitals across the country.”
― Tim Harford, How to Make the World Add Up : Ten Rules for Thinking Differently About Numbers

“In its infancy, Bitcoin already appears to satisfy all the requirements of Menger, Mises, and Hayek: it is a highly salable free‐market option that is resistant to government meddling.”
― Saifedean Ammous, The Bitcoin Standard: The Decentralized Alternative to Central Banking