jesuschroist

While not being super technical, there is an interesting miniature "The First Word Across the Ocean" in the "Decisive Moments in History" book by Stefan Zweig. It tells the story and circumstances of how the first trans-atlantic cable (back then for telegraphs) was laid in the late 19th century.

But this is just what Hayek's work is all about: to show _why_ central planning is ineffective. It works with theoretical arguments and there is no need to use real-life examples.

Sure, it's an assumption.

But saying that all concert violinists are intelligent is something different than saying that everybody, who is intelligent, is a concert violinist.

The article doesn't really use a strict equality between being "intelligent" and being good at making money. It's more an implication, that being good at making money implies being probably something like "intelligent".

Now having this established, your examples of playing the violin and Hollywood stars doesn't make any sense. They are reading the relation backwards. The implication holds the other way round.

Right, I felt a little insulted when he suggested me to go back browsing FB.

Once I moved to a new city and business wouldn't start until a few days later. Some time to spare, I walked into the first bookstore I saw on the street. There in the corner this book caught my attention, well, because I like motorcycles and thought the cover looks appealing.

Still the best random buy I ever did.

> It's easy to get nicotine via gum, pill, patch, or vaping.

.. or snuff! Which I think is one of the most elegant ways of delivering nicotine to your body

The strategy here is clearly fighting Covid-19 with 'Security through obscurity'.

Yes, but the article describes the problem of physical storage running out. This affects the price much stronger than some political gamble.

The 'oil price war' was 3 weeks ago. Things are changing fast these days.