I used to do this with my Dad. He cut himself one day. I asked why he didn’t use a plastic razor like mine. I remember him chuckling to himself as he explained.
Daniel Kahneman, Nobel Laureate in Economics, on Idea Lab
In this interview he also states that the key trait of entrepreneurs is ‘delusional optimism’.
Realists are forced out by the organizational immune system, especially when confronting senior leadership about the cognitive biases inherent in most policy setting. At the most obvious, pointing out that some initiative is based on optimistic projections will lead to the realist being sidelined as a trouble-maker intent on demotivating people.
There is no really good intervention possible to counter irrational exuberance once an elite group in an entrepreneurial organization have collectively decided to move forward. The fact that one in ten or one in a hundred turns out to create a billion dollar business justifies the waste and pain of the failed nine or ninety-nine efforts, at least in the mind of the entrepreneur.
The fast-and-loose business has room for realists, because the core foundation is about being engaged in your work, and connecting to others through a deep culture based on constant learning and adaptation. It is not about mobilizing people into collective delusional mindsets or quests. Laissez-faire management starts with an appreciation of the cognitive biases underlying group dynamics and decision making, while entrepreneurialism is based upon glorifying bias and applauds the 1% who win the gamble as triumphant geniuses, instead of just dumb luck.(via stoweboyd)
I want to hug this person.
|—||Howard Aiken (via chztn)|
The staircase of Dr. Johnson’s house, from the attic room where his English dictionary was compiled.
(via Twitter / cameronmoll: ”Please no. This is not what society needs, especially teen socialites already self-conscious about their appearance.”)
Well, that idea disgusts me. As usual, I find ‘before’ more attractive too.
I read you need a Thing. I can TOTALLY Thing.
I thinged for Place and Other Location, and I have additional experience in Activities, Doing, and Stuff.
Please look at my list of Thinging history and call me if you want to chat about how I can Thing and Stuff for you.
David Cain has started working in Canada again after a seven month backpacking trip of New Zealand and other far away lands, and the juxtaposition fo the two ways of life leads to some interesting observations about the 40 hour work week:
The eight-hour workday developed during the industrial revolution in Britain in the 19th century, as a respite for factory workers who were being exploited with 14- or 16-hour workdays.
As technologies and methods advanced, workers in all industries became able to produce much more value in a shorter amount of time. You’d think this would lead to shorter workdays.
But the 8-hour workday is too profitable for big business, not because of the amount of work people get done in eight hours (the average office worker gets less than three hours of actual work done in 8 hours) but because it makes for such a purchase-happy public. Keeping free time scarce means people pay a lot more for convenience, gratification, and any other relief they can buy. It keeps them watching television, and its commercials. It keeps them unambitious outside of work.
We’ve been led into a culture that has been engineered to leave us tired, hungry for indulgence, willing to pay a lot for convenience and entertainment, and most importantly, vaguely dissatisfied with our lives so that we continue wanting things we don’t have. We buy so much because it always seems like something is still missing.
Western economies, particularly that of the United States, have been built in a very calculated manner on gratification, addiction, and unnecessary spending. We spend to cheer ourselves up, to reward ourselves, to celebrate, to fix problems, to elevate our status, and to alleviate boredom.
Can you imagine what would happen if all of America stopped buying so much unnecessary fluff that doesn’t add a lot of lasting value to our lives?
The economy would collapse and never recover.
All of America’s well-publicized problems, including obesity, depression, pollution and corruption are what it costs to create and sustain a trillion-dollar economy. For the economy to be “healthy”, America has to remain unhealthy. Healthy, happy people don’t feel like they need much they don’t already have, and that means they don’t buy a lot of junk, don’t need to be entertained as much, and they don’t end up watching a lot of commercials.
The culture of the eight-hour workday is big business’ most powerful tool for keeping people in this same dissatisfied state where the answer to every problem is to buy something.And the system is designed to give no flexibility, in general:
Suddenly I have a lot more money and a lot less time, which means I have a lot more in common with the typical working North American than I did a few months ago. While I was abroad I wouldn’t have thought twice about spending the day wandering through a national park or reading my book on the beach for a few hours. Now that kind of stuff feels like it’s out of the question. Doing either one would take most of one of my precious weekend days!
The last thing I want to do when I get home from work is exercise. It’s also the last thing I want to do after dinner or before bed or as soon as I wake, and that’s really all the time I have on a weekday.
This seems like a problem with a simple answer: work less so I’d have more free time. I’ve already proven to myself that I can live a fulfilling lifestyle with less than I make right now. Unfortunately, this is close to impossible in my industry, and most others. You work 40-plus hours or you work zero. My clients and contractors are all firmly entrenched in the standard-workday culture, so it isn’t practical to ask them not to ask anything of me after 1pm, even if I could convince my employer not to.
Wake up america