Weekend reading: a big government pensions report and a FIRE-side chat update
byThe InvestoronMay 23, 2026
What caught my eye this week.
Apparently Britain is under-saving for retirement. I know! You’d hardly get that impression if you hung around Monevator for a week or two, where we debate whether gilts have the edge over cash if you’ve already filled your ISAs and The Accumulator once spent a winter watching telly in a fat suit to save on his heating bills.
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Brilliant links. Unique and idiosyncratic. Widely cast and well chosen. Thank you 🙂
AWoCS and Trend Labs: just so much info now everywhere, and just so many ideas / opportunities competing for attention.
The lever point, IMHO, is to try to act on frameworks, rather than on explanations or models.
Explanations describe what / how something is (state).
Models claim insight into causes and relationships between states, based on priors, updated for evidence (causation/ effect).
Frameworks, though, go above and beyond both to help with how to create and to test models and to differentiate credence between explanations.
A new framework changes how you look at information itself, and how you make choices based on it. Once you’ve been given a new framework you can’t unsee it. It literally changes your worldview.
It’s something fresh and different, like receiving a hand written note on high quality paper, as opposed to just a different set of words on a page or screen, to use Ben Carlson’s example from advertising in ‘Stories v Statistics’/AWoCS.
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Brilliant links. Unique and idiosyncratic. Widely cast and well chosen. Thank you 🙂
AWoCS and Trend Labs: just so much info now everywhere, and just so many ideas / opportunities competing for attention.
The lever point, IMHO, is to try to act on frameworks, rather than on explanations or models.
Explanations describe what / how something is (state).
Models claim insight into causes and relationships between states, based on priors, updated for evidence (causation/ effect).
Frameworks, though, go above and beyond both to help with how to create and to test models and to differentiate credence between explanations.
A new framework changes how you look at information itself, and how you make choices based on it. Once you’ve been given a new framework you can’t unsee it. It literally changes your worldview.
It’s something fresh and different, like receiving a hand written note on high quality paper, as opposed to just a different set of words on a page or screen, to use Ben Carlson’s example from advertising in ‘Stories v Statistics’/AWoCS.