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Any economic network is largely dependent on trust if it is to function well. As economists put it, a high degree of trust lowers the costs of transactions and compensates for a lack of information.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
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“The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.”
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“It’s important never to be ‘ambitious.’ Men of ‘ambition’ are losers. Act and feel like a winner and good things, friends, and victory will come.”
― Bronze Age Mindset
― Bronze Age Mindset
Ermicioi’s 2025 Year in Books
Take a look at Ermicioi’s Year in Books, including some fun facts about their reading.
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