Michael Webster
https://www.goodreads.com/michael_webster
“When I started my first job at the Boston weekly newspaper, I thought I’d be a journalist for the rest of my life. Back in 2000, newspapers were still extremely lucrative; they were rolling in advertising revenue. The online world was such a minor consideration that our newsroom made do with only one internet-connected computer. I had signed on to the industry at the exact moment it started its inexorable collapse, but I couldn’t see it at the time. When it comes to identifying the precise tipping point of future trends, I doubt any of us can.”
― Entrepreneurial You: Monetize Your Expertise, Create Multiple Income Streams, and Thrive
― Entrepreneurial You: Monetize Your Expertise, Create Multiple Income Streams, and Thrive
“The tipping model is a special case—a broad class of special cases—of critical-mass phenomena. Its characteristics are usually that people have very different cross-over points; that the behavior involves place of residence or work or recreation or, in general, being someplace rather than doing something; that the critical numbers relate to two or more distinct groups, and each group may be separately tipping out or tipping”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“But whether the measure is the number of people engaged, or the number times the frequency or the length of time they engage in it, or the ratio of the number who do to the number who do not, or the amount of such activity per square foot or per day or per telephone extension, we can call it a “critical-mass” activity and a lot of people will know what we mean.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“The observed outcome may be one that everybody prefers, it may be one that nobody prefers, or it may be one that some prefer and others deplore.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“If the option of taking the course pass-fail (without a letter grade) is available to all students, it is usually observed that there are some who will elect pass-fail no matter how many others do, some who will elect letter grades no matter how many elect pass-fail, and an intermediate group who will elect pass-fail if enough do but will choose letter grades if pass-fail is uncommon. Notice that the first and second groups’ behavior is independent of how the third group chooses, but not vice versa; the people whose behavior is uninfluenced nevertheless influence others.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
Michael’s 2025 Year in Books
Take a look at Michael’s Year in Books, including some fun facts about their reading.
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