When a child uses up some of its mother’s milk, the amount of milk consumed is measured not in pints, not in calories, but in units of detriment to other children of the same mother. For instance, if a mother has two babies, X and Y, and X drinks one pint of milk, a major part of the P.I. that this pint represents is measured in units of increased probability that Y will die because he did not drink that pint. P.I. is measured in units of decrease in life expectancy of other children, born or yet to be born.
Parental investment is not quite an ideal measure, because it overemphasizes the importance of parentage, as against other genetic relationships. Ideally we should use a generalized altruism investment measure.
Individual A may be said to invest in individual B, when A increases B’s chance of surviving, at the cost of A’s ability to invest in other individuals including herself, all costs being weighted by the appropriate relatedness. Thus a parent’s investment in any one child should ideally be measured in terms of detriment to life expectancy not only of other children, but also of nephews, nieces, herself, etc.
- market trends (and, occasionally, history)
- emerging technologies and deep tech
- startups and venture capital
- corporate strategy and business dynamics
- product development and marketing
- finance and (mainly behavioral) economics
- cognitive psychology and neuroscience
- the future of work and career
I occasionally add a personal note to them.
The whole collection is available here.