Quote of the Day

There is a famous Iraqi idiom which states that if you think your opponents can eat you for dinner, then you'd better eat them for lunch. If your opponent is too big and powerful to eat you right-now, you'd better eat them for lunch before they eat you. Commitment problems from our opponents lead us to act, and that's another reason why rational man can go to war.

— Christopher Blattman

It was not wealth or fame that these people wanted... These individuals had, in their own minds, observed a particular customer need that wasn't being met. They were wired in such a way, that this need seemed obvious to them.

Morality represents the way we would like the world to work, and economics represents how it actually does work.

Of the 1.4 million people in this country who have learning difficulties, only 6% are in work. That's insane! There are over a million people with disabilities looking for work, who can't find work because they're discriminated against.

There is an honest trade-off between labour market protection and learning. If you have an extremely static labour market—like the high protection laws in France or Spain—you get stability, but you sacrifice learning. You pay a 'learning cost' for that 'stability dividend.'

The perspective of seeing the Earth from space has rewired our brain. We used to have a 2-dimensional view for hundreds of thousands of years. Now with space telescopes we have a 4-dimensional view of our universe.

You can think of the human mind as a measuring instrument. We're making judgements all the time and studies show that on a day-to-day basis, when presented with the same evidence, our judgements may be different. If you see the mind as a measuring instrument, you start to see it as a scale, a bafflingly variable and noisy scale.

I wish I had known that Football is the most important part of the least important parts of my life. A bad result or losing in a final of the champions League is hard to take, but there are worse things to endure in life.

Philosophy Psychology Sport

Capital has poured into San Francisco and the Bay Area but the growth hasn't distributed itself beyond the top percentile of the community. If you are in one of these companies, you may have a stable and survivable life in the Bay Area, but if you're not? You're going to have to make some incredible trade-offs.

Business Economics Society

CSR does not help with me as a buyer, why? Because I'm cynical about it now, I don't believe it. After the success of Toms Shoes, every 23 year old told me they're starting an umbrella company and giving an umbrella to the people that need it in the Amazon. CSR has clearly become a tactic. Every strategy of every company and human being should come from a truth.

Business Justice Society

Long ago, I attended an Anthony Robbins seminar where he spoke of CANI—constant and never-ending improvement—which I adapted into constant and never-ending innovation. Nothing is entirely new, but innovation has defined my journey, despite its ups and downs.

Business Innovation Philosophy

You get a raise, and for the first week it feels awesome, but then it doesn't have as much impact as you thought it would. Researchers call this the 'impact bias.'

Economics Psychology

The general body of research suggests a moderate positive correlation between religiosity and happiness. Religion provides a sense of community and cohesion within an in-group. It draws clear lines between in-group members, with whom I can engage in cooperative behaviour and reciprocal exchanges, and out-group members. Religion also offers purpose and meaning through a supernatural narrative.

Culture Philosophy Psychology
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