Second, trying to time the market is almost always a suboptimal strategy. The question is when will you likely need the money? If you won't need it for 10 years or more, keep it in index funds. Otherwise, treasuries.

It's this competition that leads to prosperity, the alternative is central planning which leads to poverty.

This isn't true. I'm mostly using python and UV with claude and it periodically decides to try to run scripts directly instead of using UV.

Both are cartoon versions of something real, and both fail in predictable ways. The more honest picture comes from behavioral economics and evolutionary psychology: humans are neither blank slates nor rational maximizers. We’re a messy bundle of cooperative instincts and tribal ones, capable of extraordinary generosity within in-groups and breathtaking cruelty toward out-groups. Our “goodness” has always been conditional and contextual.

What really undermines the anarchist vision specifically isn’t that people are evil — it’s that they’re biased and self-deceiving in systematic ways. There’s a well-replicated finding that when you ask members of a team to estimate their individual contribution to a group outcome, the percentages sum to well over 100%. Everyone genuinely believes they pulled more than their weight. This isn’t malice — it’s a predictable artifact of how memory and attention work. We have more access to our own effort than to others’, so we weight it more heavily.

The practical consequence of this is underappreciated: it means that even in a community of genuinely well-meaning people with no bad actors, you’ll still get persistent grievance and conflict, because everyone will sincerely believe they’re being shortchanged. This isn’t a solvable problem with better norms or more transparency — it’s baked into human cognition.