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A batch of the best highlights from what Louis's read, .
“You have to believe in your own magic. This is what makes a magician great. He believes the story he is telling to the audience, he believes in himself. It’s not about the illusions, or the applause, or any sleight of hand. It’s about the magician’s ability to believe in himself and his ability to have the audience believe in him. A trick is never done at the expense of the audience. Magic isn’t a hustle or a con. A real magician transports the audience to a world where anything is possible, everything is real, and the unbelievable becomes believable.”
Into the Magic Shop
James R. Doty, MD
People, after all, are universally interested in beauty. Lipstick, jewelry, eye shadow, perfume, hair dyes, high heels-people are just as willing to exaggerate or lie about their sexually alluring traits as any peacock or bowerbird. And as the list above makes clear, it seems as if men seek female beauty rather more than women seek male beauty.
The Red Queen
Matt Ridley
The Principal Agent Problem
Summary:
Now, the principal agent problem pops up everywhere in micro economics. The way that they try to characterize it is that the principals incentives are different in the agent's incentives. So the owner of the business wants what is best for the business and will make the most money. The agent generally wants whatever will look good to the principal, or might make them the most friends in the neighborhood or in the business, or might make them personally the most money.
Transcript:
Speaker 1
Now, the principal agent problem pops up everywhere in micro economics. The way that they try to characterize it is that the principals incentives are different in the agent's incentives. So the owner of the business wants what is best for the business and will make the most money. The agent generally wants whatever will look good to the principal, or might make them the most friends in the neighborhood or in the business, or might make them personally the most money.
Principal-Agent Problem — Act Like an Owner
Naval
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