the tension between commoditization and product differentiation — that is, between wanting to sell in a thick market to buyers even if they don’t care who you are, and trying to make your product special enough that many buyers will care
...more
“The thickness of the Amazon marketplace — the ready availability of so many buyers and sellers — is self-reinforcing.”
― Who Gets What - And Why: The Hidden World of Matchmaking and Market Design
― Who Gets What - And Why: The Hidden World of Matchmaking and Market Design
“We may, without even realizing it, work backward to generate persuasive-sounding theories that rationalize them, and these will often fool our friends and colleagues as well as ourselves.”
― The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
― The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
“Men may construe things, after their fashion / Clean from the purpose of the things themselves.”
― The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
― The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
“The culture and ideology fostered in this globalization process relate largely to “lifestyle” themes and goods and their acquisition; and they tend to weaken any sense of community helpful to civic life.”
― Manufacturing Consent: The Political Economy of the Mass Media
― Manufacturing Consent: The Political Economy of the Mass Media
“This bias is politically advantageous to U.S. policy-makers, for focusing on victims of enemy states shows those states to be wicked and deserving of U.S. hostility; while ignoring U.S. and client-state victims allows ongoing U.S. policies to proceed more easily, unburdened by the interference of concern over the politically inconvenient victims.”
― Manufacturing Consent: The Political Economy of the Mass Media
― Manufacturing Consent: The Political Economy of the Mass Media
Jason Zhang’s 2024 Year in Books
Take a look at Jason Zhang’s Year in Books, including some fun facts about their reading.
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