Chris Voss: FBI Negotiator on High-Stakes Diplomacy
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I'll start by emphasizing that this will be a long journey. Think of fundraising as refueling your car for the trip. It's essential – you can't undertake the journey without fuel. But that's all it is: fuel. It isn't the objective of your journey.
You've got around 2.6 billion people in the world who survive on less than $2 per day, 75% of them are rural and agriculture is their primary economic activity. Most are, however, mired in a form of subsistence farming that barely allows them to scrape-by.
In the multi-agent model, if you feed in the real price of the market, they show that before the large dives in market prices you could see the crowding that was beginning to happen behind the scenes, even though you couldn't see it in the price.
It's about catching that surge of emotion, be it offense or anger, usually incited by someone attempting to ignite your social identity or signal an outgroup threat, with a likely aim to shape your thoughts or actions.
Kuznets (who developed the measure) was highly skeptical about the assertion that all government spending contributed to people's economic well-being. He wanted the measure of output to be more relevant to people's well-being and he lost-out on this argument to the UN and partner economies of the USA.
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