[reading] Just finished The New New Thing by Michael Lewis. ‘…in a 1994 issue of the Journal of Development Economics Romer wrote, “Once we admit that there is room for newness – that there are vastly more conceivable possibilites than realized outcomes – we must confront the fact that there is no special logic behind the world we inhabit, no particular justification for why things are the way they are. Any number of arbitrarily small peturbations along the way could have made the world as we know it turn out very differently . . . We are forced to admit that the world as we know it is the result of a long string of chance outcomes.’
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