Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
His only real hope of avoiding many years in prison is to convince people that he did not steal money from FTX’s customers, but rather that he ran a leveraged financial institution that ineptly but innocently ran into trouble. This will be very hard to do! But I am not sure it is *impossible* . The task, really, is to lay out a reasonable-seeming story of how FTX’s innocent choices led to its insolvency. Eventually he has to do that to a jury, but why not get some practice on Substack?
Money Stuff: JPMorgan Says Frank Was Fraud
Matt Levine
I call this “unlocking the commons,” and it’s the same approach I’ve taken with my [Patreon](https://www.patreon.com/tcarmody) and [newsletter](https://www.tinyletter.com/tcarmody). Fans support the person and the work. But it’s not a transaction, a fee for service. It’s a contribution that benefits everyone. Free-riders aren’t just welcome; free-riding is the *point*. This, I think, is key to understanding the psychology of patronage.
Unlocking the Commons
Tim Carmody
Rewild your attention” — that’s a wonderful way of putting it! (Or as CJ Eller titled his blog post, from which I got my title here: “Rewilding Your Attention”.)
Instead of crowding your attention with what’s already going viral on the intertubes, focus on the weird stuff. Hunt down the idiosyncratic posts and videos that people are publishing, oftentimes to tiny and niche audiences. It’s decidedly unviral culture — but it’s more likely to plant in your mind the seed of a rare, new idea.
“Rewilding Your Attention”. To Find Truly Interesting Ideas, Step… | by Clive Thompson | Aug, 2021 | Medium
clivethompson.medium.com
...catch up on these, and many more highlights