The idea that ‘The profits of production must be reinvested in increasing production’ sounds trivial. Yet it was alien to most people throughout history.
“Happiness begins within.’ Money, social status, plastic surgery, beautiful houses, powerful positions – none of these will bring you happiness. Lasting happiness comes only from serotonin, dopamine and oxytocin.1”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“Smith’s claim that the selfish human urge to increase private profits is the basis for collective wealth is one of the most revolutionary ideas in human history – revolutionary not just from an economic perspective, but even more so from a moral and political perspective. What Smith says is, in fact, that greed is good, and that by becoming richer I benefit everybody, not just myself. Egoism is altruism.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“The more extreme the original score, the more regression we expect, because an extremely good score suggests a very lucky day. The regressive prediction is reasonable, but its accuracy is not guaranteed.”
― Thinking, Fast and Slow
― Thinking, Fast and Slow
“Consumerism has worked very hard, with the help of popular psychology (‘Just do it’) to convince people that indulgence is good for you, whereas frugality is self-oppression.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“This trust is the sole backing for most of the money in the world.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
Gaurav’s 2025 Year in Books
Take a look at Gaurav’s Year in Books, including some fun facts about their reading.
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