What happened in 17th century England (a lot) - Marginal REVOLUTION
East India Company founded — 1600 Shakespeare – Hamlet published 1603 England starting to settle America – 1607 in Virginia, assorted, you could add Harvard here as well King James Bible – 1611 The beginnings of steady economic growth – 1620 (Greg Clark, JPE) Rule of law ideas, common law ideas, Sir Edward Coke – […]
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Domestic Textile Industry Crashing Because of Trade Loophole
The ‘de minimis’ exemption allows Chinese e-commerce companies Shein and Temu to deliver hundreds of millions of packages of cheap clothing without tariffs or inspections.
Called on to give an after-dinner talk at a 1961 meeting, Los Alamos physicist Darol Froman proposed a new project “without much attention to some of the practical aspects”: What if we turned Earth into a giant spaceship and drove it around? If we built a fusion rocket and fed it the moon and some damp sand, it could (in principle) carry us out of orbit. Our atmosphere would protect us from interstellar radiation, and we’d be free of the worry of our sun’s impending death. It might take 100 million years to make our way out of the solar...
Dopamine, Smartphones & You: A battle for your time - Science in the News
by Trevor Haynes figures by Rebecca Clements “I feel tremendous guilt,” admitted Chamath Palihapitiya, former Vice President of User Growth at Facebook, to an audience of Stanford students. He was responding to a question about his involvement in exploiting consumer behavior. “The short-term, dopamine-driven feedback loops that we have created are destroying how society works,” he explained. In Palihapitiya’s talk, he highlighted something most of …
Idolatry of Innovators Can Lead You to Foolish Places
Here’s an insane thing I read on social media today: Post by @inspiringselfcompassion View on Threads The fellow who blocked the account above, Michael Darius, includes Apple pioneer, skeuomo…
I occasionally get to hang around people with real wealth, and those on their way to real wealth. I’ve notice there is a rising scale of how wealth is experienced. As your income gains more zeros, you ascend through this … Continue reading →