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A batch of the best highlights from what Edwin's read, .
Let’s take your Tesla.
You retire your gas guzzler and go electric: you reduce your personal emissions.
But what happens systematically?
That incremental gallon of gas is still sold. All you have done is slightly decrease demand.
Congrats, you just made gas cheaper.
Everything You Have Been...
@XavierHelgesen on Twitter
Very few people have gone through the process of explicitly calibrating their personal level of risk‐aversion, even though all of us are regularly making decisions about how much risk to take. When we decide how much of our savings to put at risk in the stock market or in a business that we're trying to build, or whether to rent versus buy a home with or without a mortgage, we are making decisions that are related to our personal risk‐aversion, even if we're not consciously aware of it.
The Missing Billionaires
Victor Haghani and James White
Montaigne once remarked that certain books “become all the more marketable and public by being suppressed.” To some extent, this happened to him: the suppression of his book in France gave it an irresistible aura. In the century to come, it enhanced his appeal to rebellious Enlightenment philosophers and even to full-blown revolutionaries.
How to Live
Sarah Bakewell
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