Andrei Stoica

Together, Hobart and Huber argue that bubbles are coordination mechanisms for progress: by linking collective risk to potential financial rewards, bubbles enable megaprojects beyond the capability of any single person or industry—megaprojects which, although risky, mark inflection points in technology, economics, and culture when they are... See more

Interestingly, Hoffer also makes the repeated but less emphasized point that creative people— fulfilled creative people; Hitler was not alone among Nazi leadership in being a failed, frustrated artist—are less prone to subsume themselves in mass movements. Not because fulfilled creative people are smarter or more successful or wiser, but because... See more

The basic thesis of this book is that liberalism — or progressivism, or the left, etc. — has forgotten how to build the things that people want. Every progressive talks about “affordable housing”, and yet blue cities and blue states build so little housing that it becomes unaffordable. Every progressive talks about the need to fight climate change,... See more

4. Ever wonder about the vast universe of critically acclaimed aesthetic masterworks, most of which you do not really fathom? If you dismiss them, and mistrust the critics, odds are that you are wrong and they are right. You do not have the context to appreciate those works. That is fine, but no reason to dismiss that which you do not understand.... See more

The proper role of commerce is to both exploit and absorb those shocks, passing some of the velocity and wealth on to the development of new infrastructure, but respecting the deeper rhythms of governance and culture.

Every young person (and plenty of non-young people), trying to strike gold and solve problems, is architecting themselves after a dominant personality of our field.

These archetypes equally modeled themselves off of someone else that inspired them. Steve was obsessed with Edwin Land, the founder of Polaroid. He would even take the “intersection of... See more