How might communities be worse at pushing people to their comparative adv than markets? Loose feedback? Prestige? Relevant to graham quote about progress = winning depends on being right. It should depend on being right in a comparatively advantageous way.
Google stuff about markets and comparative advantage (lol)
- Gains from trade is obviously relevant here
I’m guessing constant pressure towards legibly NTI research leads to a similar thing as research in (non-monopolistic, e.g. not bell labs) private research orgs, where the competitive pressures aren’t long-time horizon enough and not tuned to long shot bets which have massive reputational rewards if they work.
Don’t legibility-max when there’s lucrative long-tailed upside. (book on ignorance as the driver of scientific progress?)