Monday, January 23, 2006

Dr. Jones: Schelling and Connery

Very glad to see that Schelling and Aumann won the Nobel today. The Nobel site's "Advanced Information" sheet mentions that one of Schelling's key insights--that you can sometimes do better by doing worse--was used by Cortez when he conquered Mexico. The Nobel folks did a good job making the point, but Sean Connery put it best when playing the role of the possibly-deranged submarine captain in the classic film The Hunt for Red October-----
When he reached the New World, Cortez burned his ships.
As a result his men were well motivated.

Great movie.

Posted by Garett Jones at 10/10/2005 12:03:00 PM


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