Complex systems, like economies, require common mediums of exchange, like money, to increase their efficiency.
Read moreAdam Smith: the dangers of specialization
Adam Smith praised specialization; however, was he entirely correct in doing so? read on to find out.
Read moreAdam Smith: why we don’t want AGI and the dangers of specialization
;Adam Smith has some important lessons to teach us about Artificial Intelligence. His discussion on the division of labour seems to suggest general AI is the wrong way to go.
Read moreThe Wealth of Nations: the first of many
In this essay, I discuss the dangers of conflating consumption with human psychology, something Adam Smith does in his wealth of nations.
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