Sublime
An inspiration engine for ideas
archive.ph • Tyler Cowen, the Man Who Wants to Know Everything
Patrick Rivera • The emerging Internet Renaissance — my interview with Patrick Ri…
that a dollar in the future is worth less than a dollar today because future generations will be richer than people are now. Since we (today’s generation) value money more than they (tomorrow’s richer generations) will, it’s not “efficient” to have us pay to stop climate change.
Juliet B. Schor • True Wealth: How and Why Millions of Americans Are Creating a Time-Rich,Ecologically Light,Small-Scale, High-Satisfaction Economy
Contrary to the founding theories of development economics, inequality does not make economies grow faster: if anything, it slows them down. And it does so by wasting the potential of much of the population: people who could be schoolteachers or market traders, nurses or micro-entrepreneurs – actively contributing to the wealth and well-being of th
... See moreKate Raworth • Doughnut Economics: The must-read book that redefines economics for a world in crisis
It all started back on Oct.... See more
Top Financial News
Empirical research from around the globe has demonstrated this beyond a reasonable doubt. For example, researchers at the London School of Economics released a paper titled, “Why Do People Stay Poor?” that illustrated how the lack of initial wealth (and not motivation or talent) is what keeps people in poverty. The researchers tested this hypothesi
... See moreNick Maggiulli • Just Keep Buying
And that’s pretty much how I imagined it; what I never imagined is that the future reader might look back on any of this, or on my own peculiar experience, and say, “How quaint.” How innocent. Not for a moment did I suspect that the financial 1980s would last for two full decades longer, or that the difference in degree between Wall Street and ordi
... See moreMichael Lewis • The Big Short: Inside the Doomsday Machine
Specifically, in 1928, the top 1 percent accounted for 24 percent of all income. In 1970 the one-percenters’ share of the wealth was down to about 9 percent, the result of multiple economic dynamics and government policies, including the New Deal reforms and the post-war growth in the 1950s and 1960s of the country’s manufacturing base and, with it
... See moreSteven Brill • Tailspin: The People and Forces Behind America's Fifty-Year Fall--and Those Fighting to Reverse It
That is true, but this system also disproportionately rewards luck, and even the destruction of real economic value. Bill Janeway said to me, “The process is inherently wasteful, what I call Schumpeterian waste. Progress through trial and error and error and error. So of course luck comes into the game.” In short, there is many an Internet multimil
... See more