Ole Peters[1] suggests adding this to the curriculum: https://ergodicityeconomics.com/lecture-notes/ https://ergodicityeconomics.com/lecture-notes/ Synopsis: T

Ole Peters[1] suggests adding this to the curriculum: https://ergodicityeconomics.com/lecture-notes/ https://ergodicityeconomics.com/lecture-notes/ Synopsis: The notes below are our attempt to re-develop economic theory from scratch, namely starting with the axiom that individuals optimize what happens to them over time, not what happens to them on average in a collection of parallel worlds. The latter, surprisingly, is the starting point of the currently dominant form of economic theory. [1]https://twitter.com/ole_b_peters/status/1041252157956280321 https://twitter.com/ole_b_peters/status/1041252157956280321