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Chris Sernel
Chris Sernel

Chris Sernel

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Highlighted by Chris Sernel

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From Inequality and Skin in the Game by Nassim Nicholas Taleb

Our condition here is stronger than mere income mobility. Mobility means that someone can become rich. The no absorbing barrier condition means that someone who is rich should never be certain to stay rich.

From Do the Rich Capture All the Gains from Economic Growth? by Russ Roberts

How important are these effects? One way to find out is to follow the same people over time. When you follow the same people over time, you get very different results about the impact of the economy on the poor, the middle, and the rich.

From Do the Rich Capture All the Gains from Economic Growth? by Russ Roberts

But the people in the snapshots are not the same people. These snapshots fail to correct for changes in the composition of workers and changes in household…

Claps from Chris Sernel

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Pedophrasty, Bigoteering, and Other Modern Scams

Nassim Nicholas Taleb

The New 95

1517 Fund

How to be Rational about Rationality

Nassim Nicholas Taleb