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Chapter 7: Status Regulation and Anxious Underconfidence | Inadequate Equilibria

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Whence modesty?

Chapter 7: Status Regulation and Anxious Underconfidence | Inadequate Equilibria Inadequate Equilibria --> Chapter 7 Status Regulation and Anxious Underconfidence I’ve now given my critique of modesty as a set of explicit doctrines. I’ve tried to give the background theory, which I believe is nothing more than conventional cynical economics, that explains why so many aspects of the world are not optimized to the limits of human intelligence in the manner of financial prices. I have argued that the essence of rationality is to adapt to whatever world you find yourself in, rather than to be “hum

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