Culture Clash

William Faulkner wrote, “all human behavior is unpredictable, and considering man’s frailty...and the ramshackle universe he functions in, it’s all irrational.” Despite this claim, scientists from disciplines ranging from economics and mathematics to  anthropology and psychology have laboriously attempted to uncover patterns within the morass. Game theory is one such approach that starts with the… Continue reading Culture Clash

I err, therefore I am

When talking about the human mental capabilities, in The Symbolic Species, Terrence Deacon stated that “biologically, we are just another ape. Mentally, we are new phylum of organism.”  This wondrous and unfathomably complex organ - the brain -  has enabled us to become the most dominant species of the planet. With a unique capacity to… Continue reading I err, therefore I am

Carrots & Sticks

In my last essay, I not only described the historical underpinnings of the model of homo economicus but also described it as a foundational element of modern economic theory. Homo economicus is the smallest unit of analysis in economic theory and is characterized as a solitary agent, calculating in his utility, solely driven by competition,… Continue reading Carrots & Sticks

The Map is not the Territory

It is hard to even fathom let alone comprehend the size, scale, and complexity of the universe. It takes light 91 billion years to traverse the diameter of the observable universe. That is approximately six times longer than the age of the universe itself. Similarly, the amount of information in the world vastly overwhelms the… Continue reading The Map is not the Territory

Stereotypes

Humans are natural pattern recognition machines. We have an evolved instinct not only to recognize different patterns but also to categorize and store these patterns in order to make future predictions. In fact, this ability to recognize and represent patterns to draw a variety of intuitive inferences could be the defining and most original characteristic… Continue reading Stereotypes