Pub Day!
My new book The Almightier is out today. Already the top new release in Amazon’s money section, it’s a history of money you haven’t heard before: how money came from religion, eventually broke free from religion and how money became its own morality. And how maybe we can do better.
From Liaquat Ahamed’s “1873”:
“Each had been convinced that when the music stopped, they would be able to exit.”
He’s talking about Vienna in, well, in 1873. But he might as well be talking about today, this morning, this very minute.
@f_flint72110@mcuban@grok That’s fair, but my overarching point was that 150M people didn’t decide to invest in the market, which was what Mark said. The options given us herd us into stocks. The markets gains are engineered. And not for nothing but you’ll see this w/SpaceX, too. Forced buying by funds.
@mcuban The problem is incentives. “Economics” is just the study of how people interact with each other. “The economy” is the result of the incentives we bake into our laws. If we want to put people’s welfare over money, which we should, the only way to do it is to change the incentives.
@Heartforever39@cxllum7 ‘94 did have some effect. It’s an established sport now here. We have pro leagues and the women’s nat’l team is a legit world power. But the men’s nat’l team has never been a contender. If that happens, this country will go soccer mad overnight.
Pub Day!
My new book The Almightier is out today. Already the top new release in Amazon’s money section, it’s a history of money you haven’t heard before: how money came from religion, eventually broke free from religion and how money became its own morality. And how maybe we can do better.
@StruanCumming I was trying to answer the question, what is money? I talked to Hudson before the pandemic. I’d heard of debt jubilees but didn’t know anything about them, or the ancient world for that matter. He helped me explore that whole world.
@StruanCumming Thanks, Struan. Not only are you right, but I’ve interviewed Hudson, and I quote him in The Almightier. A lot of what he said sparked the ideas that became my book. He was critical.
This is not the first time we’ve had to coin a new word to describe a new class of wealthy. And it ended very, very badly. There’s a lesson there for all the Elon fanboys. Elon, too, for that matter.
https://t.co/PKxvUTreu2
@ttmygh Well, he’s right that it would be insane for the company to pledge to never sell a bitcoin. But, he definitely did pledge that the company would never sell a bitcoin.
For 13 games the Knicks were like Christopher Reeve in Somewhere in Time. They mentally willed themselves into being the best team in MBA history.
But at some point before game three they pulled the penny out of their pocket. Broke the illusion.
It’s all over.