Join 📚 Hadar's Highlights
A batch of the best highlights from what Hadar's read, .
Per capita production remained static. But all that changed in the modern age. In 1500, global production of goods and services was equal to about $250 billion; today it hovers around $60 trillion. More importantly, in 1500, annual per capita production averaged $550, while today every man, woman and child produces, on the average, $8,800 a year.1
Sapiens
Yuval Noah Harari
North-east Asian politicians then improved their industrial policy returns through a second intervention – culling those firms which did not measure up. This might have meant a forced merger with a more successful firm, the withdrawal of capital by a state-directed financial system, withholding – or threatening to withhold – production licences, or even the ultimate capitalist sanction, bankruptcy. Since the 1970s, there has been much talk about state industrial policy in western countries being an attempt to ‘pick winners’ among firms, something that most people would agree is extremely difficult. But this term does not describe what happened in successful developing states in east Asia.5 In Japan, Korea, Taiwan and China, the state did not so much pick winners as weed out losers.
How Asia Works
Joe Studwell
The secretary general solemnly announced, “Start the pendulum.” The elevated winch released the cable tied to the pendulum, and the weight noiselessly fell along a smooth arc. Initially, it fell slowly, but then it accelerated, reaching maximum speed at the bottom of the arc. As it sliced through the air, the sound of the wind was deep and resonant. By the time the noise disappeared, the pendulum had followed the arc to its highest point on the other side, and, after pausing for a moment, began its backward swing. Wang felt the great force generated by the movement of the pendulum, as though the ground was shaken by its swings. Unlike a pendulum in the real world, this giant pendulum’s period was not stable, but changed constantly. This was due to the continually shifting gravitational attraction of the giant moon. When the giant moon was on this side of the planet, its gravity partially canceled out the gravity of the planet, causing the pendulum to lose weight. When it was on the other side of the planet, its gravity was added to the gravity of the planet, causing the pendulum’s weight to increase, almost to the level it would have had before the great rip. As he gazed up at the awe-inspiring swings of the Trisolaran Pendulum Monument, Wang asked himself, Does it represent the yearning for order, or the surrender to chaos? Wang also thought of the pendulum as a gigantic metal fist, swinging eternally against the unfeeling universe, noiselessly shouting out Trisolaran civilization’s indomitable battle cry.… As Wang Miao’s eyes blurred with tears, he saw a line of text appear against the background of the swinging pendulum: Four hundred and fifty-one years later, Civilization 192 was destroyed by the fiery flames of twin suns appearing together. It had reached the Atomic Age and the Information Age. Civilization 192 was a milestone in Trisolaran civilization. It finally proved that the three-body problem had no solution. It gave up the useless effort that had already lasted through 191 cycles and set the course for future civilizations. Thus, the goal of Three Body has changed. The new goal is: Head for the stars; find a new home. We invite you to log on again.
The Three-Body Problem
Cixin Liu and Ken Liu
...catch up on these, and many more highlights
Readwise