Tag Archives: Economics

2017: Be a Resilient Cooperator

Do human beings act purely out of self-interest? The Prisoners’ Dilemma is a classic puzzle designed to test and explore this question: Two members of a criminal gang are arrested and imprisoned. Each prisoner is in solitary confinement with no … Continue reading

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2009: A Trade Union for Trees

Look at a single tall tree standing proud in the middle of an open area. Why is it so tall? Not to be closer to the sun! That long trunk could be shortened until the crown of the tree was … Continue reading

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1819: Kahikona arrives in Hawai’i

Beginning in the early part of the last millennium, Polynesians explored 16 million square miles of ocean by canoe, navigating by the stars, sun, clouds, ocean swells, and currents; they settled on every habitable island in the Pacific and likely … Continue reading

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