Jottings for my forthcoming book on Knightian uncertainty. Finance had not interested Herbert Simon and the other “old” behavioral economists. It also did not feature prominently in the work of Kahneman ...

And NOT by any means a recommendation In April 2015 I had dinner with an old friend in Paris, who also happens to be the retired founder of a storied biotech company.  He looked in unusually splendid shape and ...

Social Agreement v. objective facts/information Professor Reed writes on his blog. “Facts are independently testable and verifiable, with truth independent of one’s own opinions or beliefs. It is raining at this ...

Well said Joel Kotkin! Zoning rules have become a target in many libertarian circles. Joel Kotkin who I believe is strongly inclined to libertarian views — as am I — points to dangers in this post. ...

Being very proud son of extraordinary parents, I have endowed a scholarship in their name. Modest sums go a long way in India.