Your two oldest friends, persistence and pragmatism, can become each other's greatest foe.
They can turn each other into, respectively, stubbornness and the fickle.
For harmony, you must persist in pragmatism about that in which you persist.
Focus ≠ Myopia
Pivot ≠ Quit
There's only one "H" in Churchill of course, but the name always made me (and I imagine others) think of a little English church on a little English hill.
Apex soothing.
I heard a radio advert: "your dream diamond at your dream price."
If a diamond is someone's dream diamond, it is big, well-cut and clear.
Their dream price for this diamond is 0.
If their dream price is 0, the size, cut and clarity matters not.
Any free diamond = gain.
At least the old-school communists wanted economic growth and just erroneously thought central planning would achieve it.
Piketty’s version explicitly identifies a shrinking global economy and increased impoverishment as the GOAL.
I never met Gordon Wood, but I have a story about him.
In one of my grad school seminars, we read Wood’s Creation of the American Republic. The sheer erudition and evidentiary depth of the book bowled me over.
Back then, before kids and before life accelerated to warp speed, I used to call my mother every Sunday to catch up. Lots of times, we ended up talking about what I was reading that week in my grad seminars or for leisure. Mom had an omnivorous mind, and she was always looking for something else to read. She was a true intellectual—curious about almost everything, always eager to integrate new arguments or ideas into her existing schemas of how the world worked or to have those schemas challenged and changed.
When we talked that particular Sunday, I think I tried to describe to her part of Wood’s argument about the relationship between the state constitutions during the Articles of Confederation era and the federal Constitution. Maybe I was tired, maybe I didn’t completely understand her questions, but the end result of the conversation was that Mom had questions about Wood’s argument that I didn’t answer satisfactorily. I told her that she should probably just read the book, and we said goodbye.
She did eventually read the book, but the next Sunday, Mom started our conversation by saying, “Well, I had a lovely conversation with Gordon Wood this week.” For a split second, I thought she was joking, but then I remembered who I was dealing with. I started to sweat. “How?” I asked. A whole variety of unlikely scenarios in which the foremost historian of the American Revolution and my mother, who lived in Wichita, Kansas, might have met ran through my mind. “Oh, I just looked up his office phone number on Brown’s website and called, and he picked up!” Mom said. I decided I would have to find another profession.
As it ended up, Gordon Wood spent about an hour on the phone with my mother answering her questions about the Constitution. Ever since, I’ve had a soft spot for the man when I imagine him picking up the phone in Providence and finding Becky Elder from Wichita on the other end of the line. His generosity in that moment spoke very well of him.
Rest in peace, professor.
Time and again the same lesson occurs to humanity.
"Never eat the marshmallow."
It's everywhere from the Bible to behavioral science.
Time and again the same conclusion occurs to humanity.
"My sweet Jesus, marshmallows are my purpose. Please manifest for me a family bag."
@DanNeidle@drgerke1 The philosophers have only interpreted the world in various ways. And that's awesome because positive analysis and normative analysis should never be confused. 😎
Workers of the world unite. You have nothing to lose but your jobs, standard of living, family cars, material goods, consumer durables, occasional holidays somewhere sunny, remnants of any mental well-being and, eventually, and as the scurvy kicks in, your teeth. Exciting!! ✊
The world today is characterized by large-scale inequalities. And a climate crisis is looming over us.
We urgently need a new vision for global progress in the 21st Century. One that grounds human development and equality in planetary habitability.
What would it take to achieve high prosperity and equality while remaining within planetary boundaries?
The World Inequality Lab is very excited to launch the #GlobalJusticeReport.
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It's all very simple.
In a democracy, the people decide the fate of a leader they remove at will.
In an autocracy, the leader decides the fate of the people he removes at will.
Sometimes, to anchor the past, I imagine the dates of historical figures as contemporary dates. For whatever reason, it gives me a better sense of time and brings things closer to home.
For example:
Franz Ferdinand (1963-2014)
Gavrilo Princip (1994-2018)
Congrats to @tomkeene and @scarletfu on their new show Bloomberg Money. Happy to be a part of the mix with a money look ahead to the weekend…and the week to come. Tune in every Friday at noon on @BloombergTV
Throughout history, a sociopathic leader has offered a foreign policy premium alongside a domestic discount. Autocracies bottle that advantage by controlling their domestic populace. Meanwhile, democracies are second movers. That's changing.
https://t.co/9aL9oi528c