Ideally a currency would have price stability and avoid the risk of the issuer inflating the supply to their benefit. One proposed remedy for this is the idea of a… Read More »Implications of Friedman’s Commodity-Reserve Currency for Partial-Reserve Banking, Bitcoin, and Better Currency Designs.
People that are both quick thinkers but also doing something abnormal. You also need to know enough of them to see a pattern, but not so many that they are just following a crowd.
Over the last while, I’ve frequently heard that serial entrepreneurs have a higher probability of success. Mistakenly, though, I’ve taken this statement to mean that entrepreneurs improve by learning from past… Read More »Part 4: Prior startup experience may not help much
Giving advice on startups is really hard and I think this difficulty is frequently overlooked. It’s hard to advise on startups because, in the startup environment, you rarely see the same thing much more… Read More »Can you teach entrepreneurship, part 0: The importance of seeing things much more than once
because in a few years it’ll be making fun of us.
“If your parents didn’t have children, the chances are you won’t have children either”. One of my uncle’s favourite jokes reminds us, at a deeper level, that the present wouldn’t… Read More »As an engineer, great rewards and great responsibilities lie in wait
Much like the financial cliff, the western ramp of culture isn’t so much of a jolt but more of a glide. Unlike the financial cliff, this ramp may come sooner and more… Read More »The Western Ramp of Culture
Upon recommendation, I recently took my first look at “The Big Bang Theory”, only to realise that a season of “Star Trek” is an important pre-requisite. In some ways, it… Read More »The Importance of Intensive Innovation