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fate of empires – john glubb

Sir John Glubb (1897-1986) was a British soldier and scholar. He served in World War I and later commanded Jordan’s military from 1938-1956. In his essay, The Fate of Empires and Search for Survival, he surveys 3,000 years of history and provides his observations on...

ray dalio’s “paradigm shifts”

Ray Dalio is widely considered one of the greatest living investors. He is the founder of Bridgewater Associates, as well as a master educator through How the Economic Machine Works and his latest book Principles For Navigating Big Debt Crises. What follows are my...

money, sound and unsound – joseph t. salerno

Joseph Salerno (b. 1950) is an American economist of the Austrian School. In 2010, he wrote Money, Sound and Unsound, where he provides a wide-ranging application of Austrian monetary theory across history. I read this book for a course with Saifedean Ammous: The...

on the origins of money – carl menger

Carl Menger (1840 – 1921) was an economist and founder of the Austrian School of Economics. In 1892, he wrote On the Origins of Money, where he argued that money is not created or sanctified by the State, but instead money naturally emerges from the marketplace. I...

bamboo metaphor for learning

I skim an article about Chinese bamboo. Apparently, once the seed has been sown, you see nothing for about five years, apart from a tiny shoot. All the growth takes place underground, where a complex root system reaching upward and outward is being established. Then,...

walking anger into the ground

An Eskimo custom offers an angry person release by walking the emotion out of his or her system in a straight line across the landscape; the point at which the anger is conquered is marked with a stick, bearing witness to the strength or length of the rage. ~ Lucy...