Collisions of Crowds

“The madness of crowds comes from like-minded people who are all wrong.” This is a memorable quote from Scott E. Page, an American social scientist and Leonid Hurwicz Collegiate Professor of Complex Systems, Political Science, and Economics at the University of Michigan, whose Model Thinking course I took through Coursera. From this, I have taken away that we… Continue reading Collisions of Crowds

Qualities of a Quantity

I just read that Pokémon Go developer Niantic is collaborating with Starbucks to make thousands of their locations Pokémon gyms nationwide. It begs the question, ‘Why?’ The game launched back in the summer and exploded in popularity, but according to this article, the game had already stumbled and lost a vast swath of its player… Continue reading Qualities of a Quantity

The Money Game

Change in industry is normal, and expected. It’s also sometimes difficult to digest. I read the other day an opinion piece in the New York Times that described the economy, firms, and jobs with the metaphor of a vertical parking structure, wherein the seats in the cars are jobs, and the cars come and leave… Continue reading The Money Game

Fanning the Right Flames

Fire walks are touted as a demonstration of mind over matter. Cool confidence in a hot situation. They don’t violate any natural laws either. Like feet, wood is actually a rather poor conductor of heat. However, some people’s conduct during a Tony Robbins seminar led to some of them getting burned. As you can see… Continue reading Fanning the Right Flames