Christian Baaki
@christianbaaki
Christian Baaki
@christianbaaki
In an idea world, what you’re really buying is that person’s entire life experience. All the problems they’ve already figured out how to solve that you don’t. All the shortcuts they’ve learned about that aren’t even on your radar.
You expand the capacity of the business by adding more people who know more than you do.
Bottom Line: Treat your time as a graduate student like a professional musician treats his or her performance repertoire. If you’re not constantly straining yourself to learn more and perform better, you’re in danger of being left behind.
... See moreMany students no longer arrive at college—even at highly selective, elite colleges—prepared to read books.
…the student told Dames that, at her public high school, she had never been required to read an entire book. She had been assigned excerpts, poetry, and news articles, but not a single book cover to cover.
The anecdote helped explain the change
... See moreSo, why claim that Keynesian economics is immoral? It is because Keynesians economists claim that by creating new money and increasing spending, the government can create new wealth that will spur economic growth. That is a lie, period. As Murray Rothbard has noted, new money creation and borrowing and spending simply transfers wealth from those wh
Economists have come to recognize that there is no living thing called a corporation. A corporate income tax is a double tax upon stockholders, first as a “corporation,” and next upon their personal income.
... See moreThe scope of federal activities has expanded in recent decades along with the size of the federal budget. The federal government subsidizes farming, health care, school lunches, rural utilities, the energy industry, rental housing, aviation, passenger rail, public broadcasting, job training, foreign aid, urban transit, and many other activities.
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... See moreI thought to myself, how many company CEOs are focused on culture above all else? Is it the metric they measure closest? Is it what they spend most of their hours on each week?
The thing that will endure for 100 years, the way it has for most 100 year companies, is the culture. The culture is what creates the foundation for all future innovation. If
... See moreAn entrepreneur risks his time, effort, and capital to run a business to serve consumers and turn a profit. Entrepreneurs seek to profit by providing value to consumers. For them to succeed in their venture, they must hire workers to contribute to their projects. When a business venture is started, jobs are created as workers help the business to f
... See moreWe align with Berens' second hypothesis: teachers assign writing tasks but fail to incentivize or provide opportunities for students to write often and well… Writing strengthens memory, attention, reasoning, and understanding across all subjects. Learning to write in the early grades is not just about grammar; it's about learning to organize though