A reasonable argument (finally, a reasonable one!) against quants and markets driven by them. It's impossible to include every variation of human behaviour into such models.
Once again that important point: you can only conclude that Europeans work shorter hours than Americans if you exclude the hours spent in home production.
Using the Prisoner's Dilemma as an anti-cartel weapon.
Heh, yes, "profitable until deemed illegal".
"Would be science journalist doesn't think much of current science journalists" shocker. But he's right all the same.
You might say that 2,215 page contracts have something to do with the Big Three's current woes.
And finally, Buffett's cornered the market again.