"It is a deeply held conviction within economics that our world can be reduced to models that are founded on the solid ground of axioms, plumbed by deductive logic into rigorous, universal mathematical structures. Economists think they have things figured out, but our economic behavior is so complex, our interactions are so profound that there is no mathematical shortcut for determining how they will evolve. The only way to know what the result of these interactions will be is to trace out their path over time: we essentially must live our lives to see where they will go. There is no formula that allows us to fast-forward to find out what the result will be. The world cannot be solved; it has to be lived." -Richard Bookstaber (The End of Theory)
Walter Isaacson talks with David Rubenstein about Leonardo da Vinci (video) (LINK) ["Smart people are a dime dozen. The people who matter are the creative people."]
Related book (to be released in October): Leonardo da Vinci – by Walter IsaacsonThe Knowledge Project podcast: Marc Garneau on The Future of Transportation (LINK)
Masters in Business podcast: Chris Anderson and the Long Tail (LINK)
Related books: 1) The Long Tail; 2) Free; 3) MakersBrent Beshore talks with Vishal Khandelwal (LINK)
Jim Chanos: U.S. Economy is Worse Than You Think [H/T @vitaliyk] (LINK)
Mutual Fund Observer, July 2017 (LINK)
The Absolute Return Letter, July 2017 (LINK)
A Dozen Things I’ve Learned About Startups from Hunter Walk - by Tren Griffin (LINK)
The Lost Art of Thinking - by Frank Martin (LINK)
Related book (back in print): The Art of Thinking – by Ernest DimnetThe Alternative to Thinking All the Time (LINK)