economy
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Stop specializing: I am my own niche
For years I’ve thought that the way to truly be successful and influential in your field(s) was to specialize – experts would always best Jack of all trades, masters of none. Yet I quickly realized I had so many interests, genuine passions, for so many different fields that didn’t necessarily coordinate well together. In high Continue reading
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Winners and Losers: a cashless society
In Sweden, cash retail transactions have fallen 80% Digital transactions in China have risen from 4% in the past 20 years to 34% in 2017. A cashless society provides many benefits to society Countries spend roughly 0.5% of their GDP managing physical cash Consumers have better tracking of their money in digital forms, more convenience, Continue reading
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finite desires
The first thing we learn in any introductory economics class is the definition of economics, which is widely accepted to be how we, as rational humans, with infinite desires, should act in a world with finitely scarce resources. There are two important notes here: Humans are rational We have infinite desires Both of these concepts, when looked at Continue reading
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Taxes???
I literally had a dream about taxing the rich last night. And while I don’t necessarily have a firm position on tax, I think there’s more to the picture than just tax or no tax. I believe an honest major issue in regards to tax politics in America is that majority of the people who Continue reading
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Pressing issues
I’m probably like most people around my age that live on the West Coast in Canada: Liberal–at least socially. Scorns at hate crimes and racial bias Low-key panicking about global warming and the inevitable doom of our environment Cares about charity and curing poverty And probably have a few not-to-kind things to say about Trump Continue reading
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[Book Review] Freakonomics
![[Book Review] Freakonomics](https://jiefo.blog/wp-content/uploads/2018/05/th.jpg?w=474)
[Freakonomics: A Rogue Economist Explains the Hidden Side to Everything] – by Stephen J. Dubner and Steven Levitt was a great book. It was different. And I liked it. Freakonomics makes you look at the world in a different way. The book explores the real reasons for the 1990s crime drop, information asymmetry, real estate agents, Continue reading
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