- Why the super rich are inevitable
This is the crux of the Yard-sale model. In a free market, one person ends up with all of the wealth – completely by chance.
This is completely counterintuitive. If everyone wins half their games, everyone should end up approximately where they started, around $1,000.
But it all starts to make sense when you’re in the position of the poorer player. Your wager changes based on how much you can afford, so…
- GoogleChromeLabs/squoosh: Make images smaller using best-in-class codecs, right in the browser.
Something to consider for larger DoOOO/WP image issues
H/T to Taylor
- The Book Of Leaves on Vimeo