Milton Friedman on Inflation
From “Free to Choose”, chapter 9 Below are Milton Friedman’s five simple truths regarding inflation. Inflation is a monetary phenomenon arising from a more rapid increase in the quantity of money than...
View ArticleStop Blaming the Employer!
Over the past few days I’ve had several people tell me that business is taking advantage of employees. When recessions hit, the employer exploits the situation in his favor, to the employees’...
View ArticleBefore You Bet, Understand Expected Value!
With the upcoming super-bowl and all the betting surrounding it, you should understand expected value before you make any bets. Informally, the expected value can be interpreted as the long-run average...
View ArticleGood advice from Daniel Kahneman
I think academia would be a better place and with a little less ego if we all followed your lead on this! Finally, you’re working on well-being now. What can we do to boost our well-being? I can think...
View ArticleThe Forgotten Man
“As soon as A observes something which seems to him to be wrong, from which X is suffering, A talks it over with B, and A and B then propose to get a law passed to remedy the evil and help X. Their law...
View ArticleZero to One – Peter Thiel & Blake Masters
Bottom line, if you’re in business, invest in business, thinking about starting a company or are currently starting a company, you should read this book! The premise of the book is that you have to...
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