Thinks 1084

Michael Magoon on the 5 Keys to Progress: “A highly efficient food production and distribution system. This enables societies to overcome geographical constraints to food production so that large numbers of people can focus on solving problems other than finding enough food to eat. Trade-based cities packed with a large number of free citizens possessing a wide variety of skills. These people innovate new technologies, skills, and social organizations and copy the innovations made by others. Decentralized political, economic, religious, and ideological power. Of particular importance are elites being forced into transparent, non-violent competition that undermines their ability to forcibly extract wealth from the masses. This also allows citizens to freely choose among institutions based on what they have to offer to each individual and society in general. At least one high-value-added industry that exports to the rest of the world. This injects wealth into the city or region, accelerates economic growth, and creates markets for smaller local industries and services. Widespread use of fossil fuels. The incredible energy density of fossil fuels injects vast amounts of useful energy into society enabling it to solve a wide variety of problems. Without this energy, life would return to the daily struggle for survival that dominated most of human history.”

Stephen Davies: “[A]s people became more connected to others, often distant, by the connections of trade and by social intercourse, and as their lives became more comfortable and less harsh so their psychology changed and they became gentler, less violent and aggressive and more controlled and ‘refined’ (to use a key term) in their way of behaving.” [via CafeHayek]

Economist: “The entertainment market is strongly self-correcting. Audiences have the power to turn a hot property into a has-been in an instant, as stars are all too aware. And even as AI-powered entertainment grows, consumers still seem to relish human drama. Sport, perhaps the most AI-proof, flesh-and-bones spectacle there is, has seen its value to media companies soar in recent years (meanwhile, no one watches computer-powered chess, though its best players could beat any human). Moreover, AI will make entertainment’s long tail even longer, with deeper niches and more personalised content. In the AI age, audiences will face heavy bombardment from a handful of omnistars, from Taylor Swift to Darth Vader. But it will be easier than ever for them to change the channel.”

FT: “The concept of a 15-minute city emerged in the second half of the 20th century as an alternative to modernist single-use zoning, which separates homes, offices and retail into discrete areas. Imagine replacing this with mixed-use neighbourhoods, where offices, schools, shops and parks are all within a 15-minute walk or bike ride from your home. Food deserts and dead neighbourhoods would turn into lively communities, reducing long commutes.”

WSJ: “Though traditional book clubs have been a fixture of American social life for decades, some bibliophiles think they have lost the plot. These bookworms don’t want to read books that don’t interest them. Even worse is recommending a book the rest of the group hates. They dread the scheduled dinners where they feel bound to dish up smart-sounding hot takes, along with a side or dessert. So they are showing some spine and rewriting the book club, without the assignments or attitude. More people of all ages are gathering to read silently or discuss books they’re reading on their own.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.