The Option Value of Satisfying Work
Doing what you love in public has an option value. One road to the good life is to be able to find satisfaction in utter obscurity, while setting up the possibility for fame to find you.
Doing what you love in public has an option value. One road to the good life is to be able to find satisfaction in utter obscurity, while setting up the possibility for fame to find you.
Political news is nor more a noble calling that sports news, and they follow exactly the same patterns.
Ultimately only experience will tell us what kinds of niches Bitcoin will be able to fill, and how it will adapt.
Video games have long been an icon of modernity’s ills. But in reality, they can be the perfect vehicles for personal satisfaction.
News is bad for you, and big media events make the rule, rather than being the exception.
Current technology trends have had a negative impact on our focus, but we already have everything we need to adapt.
We have not adapted to the circumstances surrounding death in modern times.
Has the very growth that made us so wealthy ended up weakening the incentives to grow further? Have the specific nature of many of our innovations drawn us away from productive work and human capital investment?
We need to take some personal responsibility in shifting the copyright landscape. DRM, EULAs, and litigious industry associations are avoidable problems without resorting to policy reforms.
The Internet doesn’t dissolve common culture. Rather, it enables the proliferation of viral content that penetrates our attempts to isolate ourselves. As a result, we have more common culture than ever before.