Johanna

In an efficient labor market, jobs only exist because we want the product of the labor and the only purpose of wages is to provide an incentive for people to perform that labor.

A lot of extraordinary things in life are the result of things that are first-order negative, second order positive. So just because things look like they have no immediate payoff, doesn’t mean that’s the case. All it means is that you’ll have less competition if the second and third order consequences are positive because everyone who thinks at... See more

You cannot swap one life for that of another. But if friends are primarily attributes, then you could swap two people with the same attributes. Or even get someone else with better attributes.What you cannot do is remove someone from their web of entanglements and replace them with an identical twin. To do so would be to disrupt the networks of... See more

Remote teams need 5x the process. When i say processes, i don’t necessarily mean heavy-handed workflows, piles of paper and someone using a giant stamp confirming every action. I mean “systemized communication and expectations made explicit”.This can be as simple as: “We do check-ins every morning…” “Please before you do X always do Y…” These... See more

To reverse this trend of stagnating growth, we must put more capital in the hands of lower income consumers, who will then spend it on things they desire and increase GDP.

he coalition between left and right evaporates, the idea’s economic inevitability looks fanciful, and the promise that the plan could end poverty forever looks more dependent on technical details than you might think.In part that’s due to disagreement about what basic income is for. I think it’s a useful tool for eliminating or dramatically... See more

I still read through every scorecard and every offer going out at Gusto. The reason it’s still viable to do that in an hour is because the interview information is all brought together and packaged in an organized and consolidated way.”

If you criticize X to Y, Y wonders whether you criticize him to others as well. This problem can increase to the extent your criticism is biting and on the mark.