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Book: 20231216 to 20240515, "The Narrow Corridor" by Daron Acemoglu and James A. Robinson

20231216 - Preface xiii Where does Liberty come from? It comes from cooperation and balance. Divide up the work and cooperate lead to professions, which bring us high productivity. Balance (checks and balances on power) make this social cooperation sustainable. 20231219 - Chapter 1 How Does History End? 1 It should not be called "corridor". There are four stages of human society: Warre, The cage of norms (Absent), Despotic, and Shackled Leviathans. Warre is not stable. I think it would evolve into the cage of norms in dozens of years. The cage of norms is stable. Likely the countryside area of India. Despotic Leviathans represents oligarchy countries. Shackled Leviathans represents democracy countries. I believe that only Despotic Leviathans can be turned into Shackled Leviathans. One of the most important factor is serious external threat. I am curious that whether the authors would discuss political correctness in this book? I think it's one of the major challenge of de...

20240323 to 20240504, "Scarcity" by Sendhil Mullainathan, Eldar Shafir

20240323 - Introduction 1 Scarcity reduces all these components of bandwidth - it makes us less insightful, less forward-thinking, less controlled. p13 This "bandwidth" actually means "attention". We only have limited attention. How to allocate it everyday? If we pay too much attention to get coupon tickets, then we get less attention to create more value for society. "Think hard, think ahead" is almost impossible when we are facing scarcity. I think another trap is about "pleasure". We might pay too much attention to get more pleasure, when getting addicted to something such as drugs, computer games, sex, etc. From the other side, pleasure is becoming cheaper and easier to get, anywhere and anytime. Part One: The Scarcity Mindset 20240323 - 1. Focusing and Tunneling 19 It is exceedingly difficult to fool ourselves into working harder by faking a deadline. p27 Can we turn it into a game, and make it more fun? Give it a fake score to satisfy ourse...

Book: 20240204 to 20240423, "A Man for All Markets" by Edward O Thorp

20240204 - Chapter 1: LOVING TO LEARN 20240204 - Chapter 2: SCIENCE IS MY PLAYGROUND Another Genius.Compare him to Elon Musk, Carl Sagan and Richard Feynman, what's the difference? Not much. They have very high IQ, broad interest, good enough luck, and all can focus on study and work for long time. They are all happy to take risk, but at the same time be careful of not taking too much risk. Surely there are many people with similar high IQ, but most of them did nothing distingushable in the end. Life is harder dozens of years ago. It's quite difficult for most of young people to afford the cost of college, or learn by themselves. These days, thanks for the social welfare system and Internet, it's not obstacles anymore. However, there are also way less distractions. Are we going to have more genius which can push human perception boundary further? 20240220 - Chapter 3: PHYSICS AND MATHEMATICS Bad luck quite often is just "a blessing in disguise". If we spend time w...

Book: 20231223 to 20240418, "1984" by George Orwell

PART 1 20231223 - Chapter 1 20231223 - Chapter 2 Just like "Animal Farm", "1984" use "Time" and psychology as a powerful tool to describe the fictional world. This make it better than "The brave new world" and "Fahrenheit 451" 20231226 - Chapter 3 20231226 - Chapter 4 George Orwell didn't mention much the low productivity caused by unfair institutions. When government officials are under great pressure and have indisputable power, they would try their best to avoid mistakes, and not be so interested in creating value. The result is GDP per capita may grow very slowly or even drop. This is based on game theory. Together with compound effect, the whole country is doomed. 20231226 - Chapter 5 Comrade Ogilvy reminds me of "Lei Feng" from China. It's against our gene to sacrifice ourselves for long time to help others. So this kind of propaganda is destined to fail. 20240209 - Chapter 6 20240210 - Chapter 7 20240210 - Chapt...

Book: 20231229 to 20240309, "Flow" by Mihaly Csikszentmihalyi

20240103 - 1. Happiness revisited 1 Introduction 1 Overview 5 The Roots of Discontent 8 The Shields of Culture 10 Reclaiming Experience 16 Paths of Liberation 20 The law of entropy is the source of the challenges we meet. Happiness and pleasure come from our perception and imagination, and this is major based on our expectation. If what we got is better than expected, or if we expect things will get better, we are happy. That's why young people are more happy than people in middle age, and why senior people become happy again. If everyone in the world is Zen master, will Nuclear Power and Compuer chip ever been invented? Yes. Because these inventions help us to adapt to the environment, and increase our probability of the survival of our gene. When combined with AGI, Neuralink can help everyone to become Zen master. That could be the major benefit of Neuralink. 20240105 - 2. The Anatomy of Consciousness 23 The Limits of Consciousness 28 Attention as ...

Book: 20230825 to 20240220, "Unleash the Power of Storytelling" by Rob Biesenbach

20230825 - INTRODUCTION: Why Storytelling is Essential to Success I think storytelling is about how to make audience thinking a bit. Not through their conscious, but more through their subconscious. Good story impact to people, but don't help people much. That's why, Solomen King, whom was called the wisest man in the world, didn't let people live a better life, but himself is so famous. PART ONE: STORYTELLING ESSENTIALS 20230827 - Chapter 1: What Makes Stories so Powerful? Story is all about subconscious. That's why emotion, face, connection, etc. are so important. Our subconscious only accept the information that are, looks like, related to ourselves directly. Why the movie "The Godfather" is so good? These kind of people are the one in power. If we understand them more, then we are more likely respond to them properly. All advertisements and public relationship are about storytelling. It could be the most important ingredient to  entrepreneurship. 20230830 ...

Book: 20231111 to 20231227, "Just Keep Buying" by Nick Maggiulli

20231111 - Introduction 1 20231111 - 1 Where Should You Start? 7 Things are quite obvious. If there is no enough money saved, it's meaningless to invest it. So, all people should focus on saving for quite a few years. 20231111 - I Saving 13 20231111 - 2 How Much Should You Save? 15 The major issue for most of people is that they don't have habit of saving money for investment. As I know, most of people only save money for oversea trip or new car or house upgrade, etc. That means they will never get enough money for investment. 20231111 - 3 How to Save More 24 There are many ways to get higher income, but they are just symptoms. I think the most important tip is to use spare time wisely. Reading may be the most effective way to improve ourselves. 20231112 - 4 How to Spend Money Guilt-Free 40 I like neither of the two ways. The easy way is to avoid wasting money. We should not spend money on anything that we may regret in a few years. For large purchase, we'd better wait for ...