Nov 192011
 
Algorithms and the future of divorce

In Chapter 21 of Thinking, Fast and Slow Dan Kahneman discusses the frequent superiority of algorithms over intuition. He documents a wide range of studies showing that algorithms tend to beat expert intuition in areas such as medicine, business, career satisfaction and more. In general, the value of algorithms tends to be in “low-validity environments”

Share
Jun 032010
 

Two things are indisputably true of Tyler Cowen: he has an interesting mind, and he has an economist’s mind. This struck me as I was reading Chapter 4 of Create Your Own Economy, titled ‘IM, Cell Phones, and Facebook’.  It’s a quirky (and occasionally funny) chapter about how our choice of communication platform impacts our

Share
Jun 012010
 

I’m reading Tyler Cowen’s book Create Your Own Economy and I’ll be posting thoughts and snippets as I go.  Here’s Cowen on the new cultural literacy: What cultural literacy means today is not whether you can “read” all the symbols in a Rubens painting but whether you can operate an iPhone and other web-related technologies. 

Share