going to war, first of all, democracy's themselves, the greatest democracy in the country, the United States has been bombing and going to war with countries for nonstop. So I understand that the theory compares- With other democracies, though, yeah. Right. I understand that the theory compares democracy to democracies, but that doesn't make any sense. I mean, I think what's happening there is democracy has become very popular recently, or maybe it's waning in popularity now, but it had a 100-year bull market. And that coincided with Pax Americana, where America was the sole Hegemon or shared power with the Soviet Union, which that was a stable arrangement. So there just fundamentally wasn't a lot of interstate warfare. There was a lot of intrastate warfare, that's for sure, which that model doesn't really capture. So it might just be, like Taleb would say, you just don't have enough data to come to that conclusion and something like war is fat-tailed. So- Yeah. And the other point you (41/97)
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