John Nash: It’s All About the Game

Picture this:

You’re on a game show where you face off with another contestant in deciding whether you should split or steal a hefty pot of money. Each player is given the two options and must choose in secret of their intentions. If both choose to split, they each receive half of the pot. If one chooses to steal and the other chooses to split, the one who chooses steal takes the whole pot. If both choose to steal, neither player takes home any money. Continue reading “John Nash: It’s All About the Game”

Douglass North: How Did We Even Get Here?

The iPhone X just came out yesterday. This phone costs $999, has insane processing power, and has facial recognition that can be used to unlock the phone and make purchases. Technofears and privacy debates aside, this is a marvel of technology. I promise this isn’t an Apple commercial, I’m just taking a moment to be astounded at how far we’ve come today. Continue reading “Douglass North: How Did We Even Get Here?”