NYTimes: “The notion that art can improve mental well-being is something many people intuitively understand but can lose sight of — especially if we have become disconnected from the dancing, creative writing, drawing and singing we used to enjoy as children. But there’s a “really robust body of evidence” that suggests that creating art, as well as activities like attending a concert or visiting a museum, can benefit mental health, said Jill Sonke, research director of the University of Florida Center for Arts in Medicine…Start by quickly drawing yourself; don’t overthink it. The second drawing should show you with your biggest problem. The third drawing should show you after your problem has been solved.”
Abraham Thomas: “Early stage founders have to discover almost everything about their business. What is the product? Who is the customer? How do we reach them? What will they pay? How do we hire, and scale, and compete, and disrupt, and defend? It’s like putting together a jigsaw puzzle where you have to craft each piece from scratch and you don’t know what picture you’re assembling…Early stage founders need to hire, build, sell and grow, before they run out of cash. It’s a race against the clock, and most startups are ‘default dead’ — their runway will end before they reach profitability. This is like venturing on the Polar Plateau: you have to reach safety or perish; time is not your friend. (The jigsaw puzzle will explode if you don’t finish it in 6 months). What’s the best way to mitigate this deadly duo?…Speed.”
WSJ: “For two years debate has raged over what caused the highest inflation [in the US] since the 1980s: government stimulus or pandemic-related disruptions. Now two of the country’s top economists have an answer: It’s both. Pandemic-related supply shocks explain why inflation shot up in 2021. An economy overheated by fiscal stimulus and low interest rates explain why it has stayed high ever since. The conclusion: For inflation to fade, the economy has to cool off, which means a weaker labor market.”
Kevin Corcoran: “I found Following Their Leaders to be a solid and important work…A key point Holcombe makes throughout the book is that, to a huge degree, people do not adopt parties based on policy, but instead adopt policy based on parties. Democracy is treated as sacrosanct, and its justness is taken for granted. I suspect that most people don’t come to support democracy because they are persuaded that democratic governments are accountable to the people—instead, they accept uncritically the idea that democratic governments are accountable to the people because it supports their pre-existing belief in the justness of democracy. Refuting the idea that democratic governments are accountable to the people will therefore have little effect. I wish I could end on a less dour note, and I sincerely hope to be proven wrong! But regardless of the impact it will have, Holcombe has written a well-reasoned and important book that deserves to be widely read, and one I can easily recommend.”
