5 things I want to instil my children;
1. Time preference.
2. Opportunity cost.
3. Incentives.
4. Compounding.
5. Second-order consequences.
I think these things help explain a huge amount of human ...
Great list! One thing I try to convey is that there's a lot we don't know. In a lot of their questions about the nature of the world, of history, of human nature, etc they look for an absolute answer or opinion. It's important to me that they see that staying open and curious is often more valuable than having a definitive stance.
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