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#011 Eric Jorgenson: Metagames, Feedback Loops and Transcending The Muggle World
Smart Friends
The Meta Game Only Matters if You Have the Courage to Play
The book that came to mind when i asked myself that question wasa inadequate equilibrium by eliaizer yadkowski. It takes some of these a kind of common like microecon, one o one principles, and applies them to this question of where and how civilizations work? And he eleizer calls this like adequate versus inadequate. So something that society is actually incredibly good at is the short term pricing of securities. That is an opportunity that is inexploitable. There's other things that we are inadequate at. Like in the us, we don't have a particularly efficient market in health care services and pricing. But because of a series of cluster fucks, that's not particularly explo
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