Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Reports are more a medium of self-discipline than a way to communicate information. Writing the report is important; reading it often is not.
High Output Management
Andrew S. Grove
The law states that any circulating currency consisting of both "good" and "bad" money (both forms required to be accepted at equal value under legal tender law) quickly becomes dominated by the "bad" money. This is because people spending money will hand over the "bad" coins rather than the "good" ones, keeping the "good" ones for themselves. Legal tender laws act as a form of price control. In such a case, the intrinsically less valuable money is preferred in exchange, because people prefer to save the intrinsically more valuable money.
Gresham's law
wikipedia.org
Weightlessness is bad for the bones, but good for the soul.
The William Langewiesche Aviation Reader
Marcin Wichary
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