As a psychotherapist, you have diagnostic categories for problems. There are specific techniques and therapies to apply. So the book really comes out of that frustration. If you think about science, it progresses from description, to categorisation, then to explanation, prediction, and control — and I wanted to feel like there was some science behind what I was doing.
— Martin DubinSome call it resilience, but it's likely just escapism. When you keep moving, the wind moves behind you, and you leave behind who you once were and move towards something new.
A little neglect may breed mischief …for want of a nail, the shoe was lost; for want of a shoe the horse was lost; and for want of a horse the rider was lost.
The smallest male can be dominant based on his social skills. Think about it; nobody walks into a big store in London and assumes the biggest person is the boss! It might be the old man; it might be the young woman!
we make ourselves miserable, or we make ourselves happy. The amount of work is the same…
China for example, aims to increase their buying by 400,000 barrels a day in the last quarter of 2012, and will be adding over 750,000 barrels of new refining capacity. That economic engine is still turning.
There are no people called entrepreneurs but people perform entrepreneurial functions at different times. Edison performed great entrepreneurial acts. But he was also fierce opponent of innovation when it threatened his business interests.
Every reason why we fight reveals a cost that our society ignored. The grisly, terrible costs of fighting are often 'nil' where, for example in the case of a dictator, the leadership is not held to account.
The most successful organisations I've met over the years have a very-strong senses of culture (even from start-up stage). This isn't the soft process of drafting a mission statement for your website, but genuinely understanding the type of personality you want your company to have.
It's amazing how little data the world has about women and girls. There are even gender gaps in the data we use to measure gender gaps.
Crime itself can increase inequality. A doubling in crime increases the Gini coefficient by 3% to 4%. When crime increases twofold the share of the rich tercile drops by 1.3%, and the share of the population in the poorest tercile increases.
The 'black swan' doesn't appear very often in coin-toss land but in agent based complex systems land, it appears quite a lot.
Classic economic theory simply will not allow governments and regulatory bodies to deal with bubbles effectively, as they will grow to tremendous sizes immensely fast, meaning that the amount of support needed when they burst vastly exceeds the value of most economies.