Entropy, Compound and Game Theory

  20260531 - Prologue The almost singular through line behind every major financial crisis is one thing: debt. p14 At the moment, AI related companies are borrowing a lot of money to build AI centres. This year it's over $150B, which is more than the sum of the past 2 years. Will this cause trouble in the near future? https://x.com/_FORAB/status/2060960266322588048 20260531 - Part I 20260531 - Chapter One: February 1, 1929 20260601 - Chapter Two: February 14, 1929 20260531 - Chapter Three: February 16, 1929 20260601 - Chapter Four: March 4, 1929 So far, the only issue I found is leverage. All other factors are fine. 20260606 - Chapter Five: March 5, 1929 20260607 - Chapter Six: March 26, 1929 20260607 - Chapter Seven: March 29, 1929 "The stock market will not have a very material decline unless and until there is an adverse turn in business," p101 Can interest rate changes affect companies' profit? Yes, of course. Why most of the smartest people in 19...

  20260529 - Introduction: An Eater's Manifesto In 2005 we learned that dietary fibre might not, as we'd been confidently told for years, help prevent colorectal cancers and heart disease. p5 Interesting! I don't know this. Part One: The Age of Nutritionism 20260529 - 1. From Foods to Nutrients 20260529 - 2. Nutritionism, Defined 20260529 - 3. Nutritionism Comes to Market 20260529 - 4. Food Science's Golden Age 20260530 - 5. The Melting of the Lipid Hypothesis In pace of those fats, they consumed substantially more vegetable oils, especially in the form of margarine, sales of which outpaced butter for the first time in 1957. p46 Maybe it's not that animal fat is better than seed oils, but that people should eat less. 20260530 - 6. Eat Right, Get Fatter 20260530 - 7. Beyond the Pleasure Principle 20260530 - 8. The Proof in the Low-Fat Pudding 20260531 - 9. Bad Science To really know what a person is eating you'd have to have a second invisible per...

  20260525 - Introduction to the Paperback Edition xi The solution is obvious: the economy desperately needs more fiscal support. p. xv Not just that. When factories all locked down, there were not enough goods produced. Thee goods in warehouses were close to exhausted. MMT doesn't tell us what we should do. It shows us what we can do. p xx Good point. 20260525 - Introduction: Bumper Sticker Shock 1 But evidence of overspending is inflation, and most of the time deficits are too small, not too big. p9 Inflation could be delayed by other countries' "oversea currency reserve". Without the protection of tariff, MMT doesn't work. 20260527 - 1 Don't Think of a Household 15 That can help manage inflationary pressures, by balancing the strain on our economy's real productive capacity. p33 Why does government tax normal people? To reduce the pressure of inflation. Why does government tax rich people more? To redistribute wealth from the rich to the poo...