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Taleb on EconTalk

Russ Roberts chats with Taleb about his latest book Skin in the Game, my copy due to be in my hands tomorrow.   complexityDecision makingexpertiseintellectual yet idiotNassim Nicholas TalebprobabilityrationalityReligionRiskRuss Robertsskin in the game

René Descartes

Born on this day. The following extract from Bernard Williams’ brilliant (but dense) Descartes: The Project of Pure Enquiry. René Descartes was born on 31 March 1596 in a small town near Tours, now called la-Haye-Descartes, where the house of his birth can still be seen. His family belonged to the lesser nobility, his father and…

Boundedly Rational Decision-Making under Certainty and Uncertainty: Some Reflections on Herbert Simon

The sixth in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Mark Pingle Introduction Our collective rationality became more bounded on February 9, 2001. Herbert Simon emphasized we humans are cognitively constrained, and those constraints impact our decisions. Yet, Herbert Simon’s mind was less constrained than most of…

Stochastic rationality in Oakeshott’s philosophy

With the MOA conference about to start in just under a week here’s an excellent and unusual piece by Erika Kiss entitled “The rules of the game: Stochastic rationality in Oakeshott’s rule-of-law theory — unusual in that Oakeshott’s A New Guide to the Derby rarely features in an academic paper beyond being mentioned as a curiosity. The rest…