Also all the awful things he said, too. But hey. We’ll have to have someone to spring to mind when thinking of the awfulness of the early Aughts.
|—||William Hutchinson Murray, though the quote is often misattributed to Goethe.|
|—||Hubert Dreyfus’ take on online anonymity: without risk, there is freedom to experiment.|
a man walks into a bar. the circumstances that led him there are too complex to easily fit this joke format, but they are funny
The college premium skyrocketed over the last three decades. B.A.s now out-earn high school grads by 70-80%.* College graduation, in contrast, barely rose. In econospeak, the supply of college graduates looks bizarrely price-inelastic.
Over the last two months, I’ve read virtually everything ever written on this puzzle. All of the compelling stories converge on a single factor I’ve emphasized for years: The return to trying to get a degree is far lower than the return to successfully getting a degree. Why? Because marginal students routinely fail to graduate.
|—||What Bad Students Know that Good Economists Don’t, by Bryan Caplan.|
|—||Mostly Summer Rolls, by Paul Ford.|
If you think about it, every success story you read; every entrepreneur that says “You’ve just got to focus on what you want, ignore all the naysayers… you focus and you believe and you keep chasing that goal, and that’s how I got successful.”
That is also a perfect recipe for failure. It’s exactly how you fail, isn’t it? But the difference is, the people that failed aren’t writing those biographies.
Derren Brown on confirmation bias in self-help books
|—||Why we need to stop worrying and let Kensington Market change, by Edward Keenan in The Grid.|