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IYI routinely fails to make a distinction between an institution (say formal university setting and credentialization) and what its true aim is (knowledge, rigor in reasoning) –I’ve even seen a French academic arguing against a mathematician who had great (and useful) contributions because the former “didn’t go to a good school” when he was eighteen or so.
The Intellectual Yet Idiot
Nassim Nicholas Taleb
Breaking your rules to co-invest with well-known investors is usually a bad idea, but following your rules when others reject a startup can work out extremely well.
Tools of Titans
Timothy Ferriss
comparisons with south-east Asia show that the significance of bureaucracies ultimately depends on the more fundamental governmental decision to force entrepreneurs to manufacture for export and then to cull firms which fail to perform adequately. Bureaucracies are only as good as the policies they implement. Above all, developing states must force their most powerful and resourceful entrepreneurs to export, typically against their will. Firms that can make money at home in a protected environment are always reluctant to compete globally. Other policies tend to be induced by this basic framework. That said, the framework was not rationalised in east Asia by policy makers, but rather copied by nineteenth-century Japan from historical example.
How Asia Works
Joe Studwell
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