Inadequacy and Modesty
Wow. The section beginning from <i>”If I had to name the single epistemic feat...”</i> and ending at <i>”...on modern-day Earth.”</i> might be the most riveting description of finance I’ve read in recent memory. If that series of bullet points doesn’t grab someone’s interest and make them want to engage in the robust hyper-competition of modern capitalism, I’m not sure anything will.<p>Really, that entire example of price discovery as a demonstrable core competency and <i>focus</i> of humanity is very interesting to think about. This is a great (and cynical) observation, though it’s much more powerfully delivered in the context of the article:<p>”Our civilization <i>cares</i> about whether Microsoft stock will be priced at $37.70 or $37.75 tomorrow afternoon.”