The Control Revolution And Its Discontents
- "the long process of algorithmisation
over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
Paul Romer: A Theory of History, with an Application
- "His economic theory of history explains phenomena such as the constant improvement of the human standard of living by looking primarily at just two forms of innovative ideas: technology and rules." (previously
) [more inside]