Friday, April 5, 2019
How The Economic Machine Works, by Ray Dalio
This is a good, quick introduction to fundamentals of economic growth. It is the context within which the connectivity, and all other businesses and industries work.
As many of you know, Ray Dalio also believes there are structural problems with modern capitalism that must be addressed (inequality, for example). Not often does one encounter someone who "gets" both the vital role of "creating wealth" and the necessity of ensuring its fair distribution.
You should read his perspectives on reforming capitalism, to preserve both wealth creation and wealth distribution. We need both.
Subscribe to:
Post Comments (Atom)
Is Sora an "iPhone Moment?"
Sora is OpenAI’s new cutting-edge and possibly disruptive AI model that can generate realistic videos based on textual descriptions. Perhap...
-
NTT researchers recently demonstrated ability to transmit 100 Gbps at 300 GHz frequencies, far beyond the ranges we have used for freespa...
-
Up to this point, mobile cost per gigabyte has been an order of magnitude more costly than fixed network cost per gigabyte. That has meant...
-
Rich Communications Services was intended to be the multimedia successor to SMS (short message service). It still seems likely to do so, tho...
No comments:
Post a Comment