Join Highlights By Saif
A batch of the best highlights from what Saif's read, .
The timing of long-range plans is screwed up too. You have the most information when you’re doing something, not before you’ve done it. Yet when do you write a plan? Usually it’s before you’ve even begun. That’s the worst time to make a big decision.
ReWork
Jason Fried und David Heinemeier Hansson
Total Expenditure = Household expenditure on goods and service (C) + Firm expenditure on capital and other factors (I)+ Government’s expenditure on public goods (G)+ Foreigners net expenditure on exports (X-M)
GDP = C + I + G + (X – M)
Here, C is the consumption by households, I is defined as the investment by firms, G is the government expenditure and X-M is export minus imports. This is how GDP is measured in the expenditure approach.
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Rather than steering your life to avoid surprises, aim directly for them.
The Technium: What Books Will Become
kk.org
...catch up on these, and many more highlights
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