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These are two different worlds. Nothing really prepares us for the differences. As F. A. Hayek pointed out in The Fatal Conceit, a modern person has to inhabit two worlds at the same time—a world that is intimate and a world that is distant, a world that is held together by love and a world that is held together by prices and monetary incentives. Hayek argued that we have an urge to take the norms and culture of our intimate family life and try to extend them into our less intimate commercial life. By that he didn’t mean being nice to the cashier at the grocery (assuming your grocery has a cashier) or kind to your co-workers. He meant that we have an urge to try to make the macroeconomy more like the microcosm of the family, taking the egalitarian norms of the family and extending those norms, via the political system, to society at large.
How Adam Smith Can Change Your Life
Russ Roberts
Plan before acting. A few hours of strategic thinking can dramatically improve execution efficiency.

Tweets from Kpaxs
@Kpaxs on Twitter
The whole point of what I call “tragic optimism” is the realization that life goes on, but people die along the way. Any particular person you ask, “How are things?” is going to tell a very circumstantial story, quite frankly. Empires rise and fall, but civilization keeps chugging.
The Godfather of Good
good.is
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