Secrets Of The Global Brain These two words, supply and demand, seem very simple. They are known and supposedly understood by virtually anybody. They are ubiquitous, and if you know the words, but are a bit sketchy on the concepts, then you will fully understand them by the end of this post. Despite their simplicity, […]
Tragedy Of The Commons
Why Are The Freeways So Crowded? This is a simple idea from economics that has far reaching ramifications. You’ll find it among roommates, farmers and even in the ocean. It’s called the “tragedy” of the commons because that’s how it always ends. Opposite of how everybody thinks it will end. Set Up Imagine you’ve […]
Fiat Death
How Paper Money Slowly Kills Us Quite a bold article, right? There’s plenty of posts from economic and fringe sites about the dangers of fiat currency, but I’d like to focus on how fiat currencies slowly whittle away our motivation. We’ll look at this from a personal development and motivational standpoint. What Is Money? […]
Time Preference Destruction
The Death Of Every Society In a recent post, we talked about the idea of time-preference. How it is the meta skill that is behind every other skill. How the lower your time-preference is, the more easily you can delay gratification. The more you can plan your future instead of living day to day. In […]