Is there such a thing as “equivalent exchange”? Yes, if you trade one $10 bill for another $10 bill, but that doesn’t really accomplish anything In economics, more trade is better More trade means more producer and consumer surplus, which contributes to overall economic welfare, which is just economic jargon for “the world is better Continue reading

I am afraid of forgetting who I am Looking back at past photos, past memories, past blog posts I don’t want to be 30 and look back at my life and ask where did I diverge? I don’t want to be 50 with regrets I don’t want to forget who I am… It’s scary. It’s Continue reading

Hedge your bets or double-down? If you really care about something, and you truly want to succeed, you double-down it’s not gambling It’s making an investment in a path you choose Continue reading

Economists oversell the benefits of material goods Philosophers often undersell economic growth But it’s important to put the two in conversation Is the average American happier than the average American 100 years ago? Surely we are more economically fulfilled in terms of technology, medicine, education and services In fact we are perhaps 500% more economically Continue reading

I generally don’t get close to people easily But I’m happy to have the friends that I do Jim Kwik says if you fight for your limitations then you get to keep them Instead we need to break down those walls Good luck Continue reading

Today I turned 20 and am not longer in my teenage years As I finally join the two decade club I am reminded of one of my favorite life quotes about youth: I could do nothing right and only fail for the next 10 years and I’d still be young So I intend to try Continue reading