Farnam Street
Mastering the best of what other people have already figured out
Equilibrium is an important concept that permeates many disciplines. In chemistry we think about the point where the rate of forward reaction is equal to the rate of backward reaction. In economics we …
We’ve all been taught natural selection; the mechanism by which species evolve through differential reproductive success. Most of us are familiar with the idea that random mutations in DNA cause …
“It is important to understand that none of these replicating entities is consciously interested in getting itself duplicated. But it will just happen that the world becomes filled with …
“Big populations don’t go extinct. Small populations do. It’s not a surprising finding but it is a significant one.” *** Why do small populations go extinct? While the answer …