Skip to main content

December 05, 2017

From The Economist:
Everyone who has scrolled through Facebook knows how, instead of imparting wisdom, the system dishes out compulsive stuff that tends to reinforce people’s biases.

From The New Yorker:
One of my skills was making models for other architects’ projects. I was in far greater demand for these models than I was for my own designs. In fact, they pretty well ate my career.

From The Guardian (Nicola Barker on Best books of 2017):
Becoming Myself: A Psychiatrist’s Memoir (Piatkus) by Irvin D Yalom. When Yalom publishes something – anything – I buy it, and he never disappoints. He’s an amazing storyteller, a gorgeous writer, a great, generous, compassionate thinker, and – quite rightly – one of the world’s most influential mental healthcare practitioners. All Things Remembered (Faber) by Goldie. A fabulous, whirling kaleidoscope of music, memory and trauma. Top highlights: when Goldie’s boa constrictor decides to try to eat him after he staggers home from the pub smelling like a kebab; and when his favourite piece of custom-made jewellery is stolen – right from under his nose – by dodgy Russian airport officials. Magical and cautionary. Navid Kermani’s Wonder Beyond Belief: On Christianity (Polity). Iranian-born, German-bred, Muslim novelist/intellectual Kermani travels the globe looking at significant (and not so significant) Christian artworks. This truly is one of the best books I’ve read in years: funny, outrageous, touching, intimate, glorious.

From The TLS (Minoo Dinshaw on "Which of your contemporaries will be read 100 years from now?"):
If allowed my elders by three-quarters of a generation or so, I might put flutters on Paul Kingsnorth and Gwendoline Riley. I found Claire Lowdon’s debut novel very compelling and frustrating with a sometimes provocative sense of zeitgeist. I think the most enthralling writer with whose lifespan I happen to have overlapped is Javier Marías.

From The Economist:
Because different sides see different facts, they share no empirical basis for reaching a compromise.

Comments

Popular posts from this blog

February 24, 2018

From The New York Times : We are willing to pay a premium for convenience, of course — more than we often realize we are willing to pay. During the late 1990s, for example, technologies of music distribution like Napster made it possible to get music online at no cost, and lots of people availed themselves of the option. But though it remains easy to get music free, no one really does it anymore. Why? Because the introduction of the iTunes store in 2003 made buying music even more convenient than illegally downloading it. Convenient beat out free. As task after task becomes easier, the growing expectation of convenience exerts a pressure on everything else to be easy or get left behind. We are spoiled by immediacy and become annoyed by tasks that remain at the old level of effort and time. When you can skip the line and buy concert tickets on your phone, waiting in line to vote in an election is irritating. This is especially true for those who have never had to wait in lines (whic...

February 26, 2018

From The Economist : An equity is a claim on the assets and the profits of a firm; a bond entitles the investor to a series of interest payments and repayment on maturity. Bitcoin brings no cashflows to the owner; the only return will come via a rise in price. When there is no obvious way of valuing an asset, it is hard to say that one target price is less likely than another. Bitcoin could be worth $10 or $100,000. One argument made by bitcoinnoisseurs is that it is a type of “digital gold”. Stores of value are supposed to keep their value; bitcoin, by contrast, is extremely volatile. Its code ensures that no more than 21m coins can ever be created; that sets bitcoin apart from fiat money, which central banks can create at will. Yet being limited in supply is a necessary, but not sufficient, condition for having value; signed photographs of Economist journalists are rare but, sadly, of negligible worth. Nor is supply really limited. Plenty of other cryptocurrencies exist. If the...

February 27, 2018

From The New York Times : [Steven] Pinker contends that we should not be nostalgic for the economy of the 1950s, when jobs were plentiful and unions strong. A third of American children lived in poverty. Sixty percent of seniors had incomes below $1,000 a year. Only half the population had any savings in the bank at all. Between 1979 and 2014, meanwhile, the percentage of poor Americans dropped to 20 percent from 24 percent. The percentage of lower-middle-class Americans dropped to 17 from 24. The percentage of Americans who were upper middle class (earning $100,000 to $350,000) shot upward to 30 percent from 13 percent. There’s a fair bit of social mobility. Half of all Americans wind up in the top 10 percent of earners at at least one point in their career. One in nine spend some time in the top 1 percent. Poverty has been transformed by falling prices and government support. “When poverty is defined in terms of what people consume rather than what they earn, we find that the...