#economics
A first-principles look at Weber's Law — the discovery that what counts as a noticeable change depends on where you start, and how that one ratio quietly shapes pricing, prison sentences, and the feeling that time speeds up with age.
A first-principles look at what hedge funds and quant funds actually are, where the idea of algorithmic trading came from, how high-frequency trading works mechanically, and how 'skill' gets measured once most decisions are made by machines.
A first-principles exploration of how financial markets turn scattered private opinions into prices — and why that forces a counterintuitive conclusion about how to invest.