Competition fuels progress. Add a dash of geopolitics, and you've got the space race of modern times.

Compounding also works downwards

Trois semaines dans un collège marseillais "dans la moyenne" : carnet de bord d’un observateur Poursuivant mon exploration de l'Éducation nationale, j’ai effectué ces derniers jours un remplacement à temps partiel dans un collège public de Marseille, chargé de l’enseignement des

As is my standing commitment, I will post this for Father's Day. Happy Father's Day gents, don't lose sight of what it's all about.

One concept I wish more people were aware of is the Tocqueville Effect. Named for Alexis de Tocqueville, this concept describes the curious phenomenon by which people become more frustrated as problems are resolved: As life gets better, people think it's getting worse!🧵

Skin in the game makes a demarcation between real and faux experts. A plumber/dentist/electician/belly dancer is an expert; a bureaucrat/economist à la Richard H Thaler is not as there is no survival filter, no SITG. Likewise in fat tailed domains.

Aujourd'hui, je vous propose de découvrir deux passages essentiels de Ludwig von Mises tirés de son livre "The Anti-Capitalist Mentality". 📖 Ce texte toujours d'actualité éclaire la psychologie de l'anticapitalisme, nourri d'envie et de ressentiment. Un thread 1/14 🧵