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In my experience teaching in a hyperselective grad program, pretty much any truth written deeply and with enough clarity and candor to allow emotional range winds up fascinating me. I’m not sure just any scribbler could win my praise writing lived experiences, but our students seem fairly adroit at cobbling up unique voices that hold me in thrall.
The Art of Memoir
Mary Karr
You won’t always find something better when you’re forced to quit, but sometimes you will. The problem is that most of us never discover those other opportunities because we can’t see what we’re not even looking for. The lesson here is that we shouldn’t wait to be forced to find a Plan B. We should always be doing some exploration, especially because sometimes Plan B can turn out to be better than the thing you’re already pursuing.
It’s good to keep in mind that those who extoll the virtues of disruption tend to be—coincidentally enough—the ones in the winners’ circle. But disruption that spreads its benefits and new opportunities broadly is better for society. Fortunately, most disruption falls into this category. In a 2004 working paper, “Schumpeterian Profits in the American Economy: Theory and Measurement,” Yale economist William Nordhaus examined the US economy from 1948 to 2001. Based on the data he collected, he concluded that only 2.2 percent of “profits that arise when firms are able to appropriate the returns from innovative activity” went to the disrupters. “Most of the benefits of technological change are passed on to consumers rather than captured by producers,” he concluded. Like it or not, change is inevitable—but it doesn’t have to be wholly unexpected.
Blitzscaling
Reid Hoffman, Chris Yeh
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