If idea markets were a thing today, I’d stake a lot in this gaining a lot of appeal in the next 6 months.https://twitter.com/eriktorenberg/status/1169056864711016448 …
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I think the most under-rated idea is ergodicity. If I could bet on an idea over the next 10 years, that’d be it.https://aeon.co/ideas/how-ergodicity-reimagines-economics-for-the-benefit-of-us-all …
I just read the article and didn’t get much out of it. (Didn’t get specific enough.) Is there a follow-up article you’d recommend?
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Curious to hear more David - why would you bet / why are you excited?
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This is a good thing to write about! I’ll type something up... Here is the ultra-compressed version from
@normonics who once spent almost an hour explaining the concept to me on Zoom
https://twitter.com/normonics/status/1103001406192214016?s=20 … - 9 more replies
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If looking for simple examples to illustrate the idea, this thread does a good job:https://twitter.com/taylorpearsonme/status/1102993242021392384?s=21 …
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If looking for a slightly longer read with practical applications, this is a good place to start:https://medium.com/incerto/the-logic-of-risk-taking-107bf41029d3 …
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Maybe try the most recent article on the author’s blog? (Some of them can be dense but that one’s ok)https://ergodicityeconomics.com/
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