Sundar Pichai, head of Google parent company Alphabet, said he sees “elements of irrationality” in the AI boom, amid concerns of a market pullback. In an interview with the BBC, Pichai called this an ...
Originally published by Colin Shaw on LinkedIn: Be Rational About Your Irrationality! You are irrational. Your friends are irrational. Your boss is irrational. Unless you happen to know a Vulcan, ...
Writing a Comment for this week’s magazine about the S.E.C.’s lawsuit against Goldman Sachs got me thinking again about the underlying reasons for the subprime crisis. Was it primarily driven by Wall ...
Review of Irrationality: A History of the Dark Side of Reason. By Justin E. Smith. Princeton University Press. 312 pp. $29.95. Centuries ago, the philosopher Gottfried Wilhelm Leibniz declared that ...
Robert Shiller’s Irrational Exuberance is probably one of the best and most important works of the past quarter-century — in economics or in any other field. In contrast I found his new book Animal ...
Adam Smith first coined the term "The Invisible Hand" in his important book "The Wealth of Nations." With this term he was trying to capture the idea that the marketplace would be self-regulating. The ...