Free trade: yay or not? (Review of Free Trade Doesn't Work: What Should Replace It and Why)
www.emilkirkegaard.com
Recently, I decided it was time for catching up on my to-read list. I try to read >=30 books a year, and I was behind, owing to spending a lot of time on company work. I also wanted to avoid reading too much of the same stuff. Two reasons. First, I want to avoid getting too much confirmation bias that inevitably happens from reading a lot of stuff that's in high agreement with each other. Second, knowledge in general has strong diminishing returns. Knowing, say, 50% about physics is almost as practically useful as knowing 90%, But knowing 50% is a lot more useful than knowing 0%. Furthermore, there are diminishing returns to knowledge accumulation too because the material will inevitably cover some of the same stuff, meaning that you aren't learning something new.
Free trade: yay or not? (Review of Free Trade Doesn't Work: What Should Replace It and Why)
Free trade: yay or not? (Review of Free Trade…
Free trade: yay or not? (Review of Free Trade Doesn't Work: What Should Replace It and Why)
Recently, I decided it was time for catching up on my to-read list. I try to read >=30 books a year, and I was behind, owing to spending a lot of time on company work. I also wanted to avoid reading too much of the same stuff. Two reasons. First, I want to avoid getting too much confirmation bias that inevitably happens from reading a lot of stuff that's in high agreement with each other. Second, knowledge in general has strong diminishing returns. Knowing, say, 50% about physics is almost as practically useful as knowing 90%, But knowing 50% is a lot more useful than knowing 0%. Furthermore, there are diminishing returns to knowledge accumulation too because the material will inevitably cover some of the same stuff, meaning that you aren't learning something new.