Game Theory

World War III has started. The United States and Israel have begun to attack Iran, and we are now in the fourth day of this war. We can expect this war to last for many weeks, possibly also for many years. But I promise you that after this war is

The 20th century was defined by the Cold War, an ideological struggle between capitalism and communism. For the longest time, we believed that capitalism and communism were polar opposites—a dialectic, a black and white. But if that is the case, then how do we explain China? For the longest

We have already discussed the British Empire and how it ultimately triumphed over its main rivals—the French, the Spanish, and the Dutch—because of three major powers. 1. The Bank of England: What made the Bank of England so important is that it could absorb foreign capital from all

There is a strange game being played in the world, and it's worth examining the behaviors it produces. Consider three things that, on the surface, don't seem to make any sense. First, many of the best and brightest in developing nations spend an inordinate amount of

Today we examine the question: why is it that states, countries, and nations rise and fall? Let's start with an example you know pretty well: the Warring States period. At this point in history, around 250 BCE, there are many powerful states, for example, the Chu, the Zhao,

Let's look at the United States, which is where most immigrants go. As you can see from this chart, there are certain ethnic groups that do better than other ethnic groups. Indian people make the most money in America. This makes sense because India has a very competitive

Today we look at the question of success: who succeeds and why? We've done a lot of research and discovered that people who succeed do so for certain reasons. The Marshmallow Test: Delayed Gratification and Self-Control There is a Columbia psychologist named Walter Mischel, and he devised

We can use game theory to analyze global events, understand why they're happening, and make predictions about how they should develop. To do that, I first need to train your mind on how to see the world using game theory. We previously discussed the dating game and why

How do societies behave? Why do we do what we do? What motivates us? What drives us? There have been different theories as to what drives human behavior. Five Theories of Human Behavior Let's go over some of the major theories. 1. Religion: The first theory comes to