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The great thing about #AdamSmith is that when he's about to go off on a 65 page tangent, he warns you. Humans, we bring you the DIGRESSIONS ON SILVER! #OhLawdHeComin #WealthOfTweets

Oh King Edward III, it’s adorable that you think you can just decree that servants and laborers become permanently content with wages fixed at the rate they were at five years ago.
https://t.co/NtOmttquJ3 (I.xi.e.2) #WealthOfTweets #SmithTweets


He’s already digressing, and he can’t take a minute to share the menu from that famously magnificent feast with us? (I.xi.e.4–5) #WealthOfTweets #SmithTweets

Super Important 18thC Vocab Geekery: When Smith says the price of the quarter of wheat wasn't “supposed to be < 4 oz silver” he doesn’t mean “shouldn't be.” He means “wasn't thought to be.” He’s not approving of fixed prices. (I.xi.e.7) #WealthOfTweets #SmithTweets

So. Many. Wheat. Prices. (But really, Smith is talking about how much wheat it takes to buy a quantity of silver, NOT how much silver it takes to buy a quantity of wheat.) (I.xi.e.1–14) #WealthOfTweets #SmithTweets
Shared this on the gram but a friend's comments made me think I should share this here.

Martin Luther King Jr. rose to prominence in his 20s. By the time of his murder 10+ years later, his viewpoints had evolved. He had begun to explicitly link white supremacy to capitalism.

https://t.co/qzRARQ2Zw4


Remember: he was in Memphis when he was killed supporting the sanitation workers strike over wages and working conditions. This is a man who said, "what good is the right to sit at a lunch counter if you cant afford to buy a hamburger?"

King also spoke out strongly against the war in Vietnam. I've copied an excerpt from his 1967 speech Beyond Vietnam Below but you should listen to the whole thing


I also want to note, the NYT's and WaPos reaction to King's speech at the time (and the NAACPs)
The History of Remote Work

A look back before we zoom too far into the future...🚀

#FutureOfWork #WorkforceFuturist

Thread (1/10)
https://t.co/4SxOJDx8HG


What % of working adults in the UK will 'work from home exclusively' in July 2021?

About 75% of this group of #superforecasters say more than 10% but less than 20% (the red line in the graph below)

@superforecaster

Thread (2/10)
https://t.co/3fhFR1lXFy


“We tend to overestimate the effect of the technology in the short run and underestimate for the long run”
Roy Amara

Our predictions tend to be made through foggy Zoom goggles and constrained by the Gregorian calendar.

Thread (3/10)


Remote Work Isn’t New

In Britain from the 1600s to the mid-19th century work did not take place in factories but in people’s houses.

Workers made dresses, shoes, and matchboxes in their kitchens or bedrooms.

Thread

Some predictions from people in 1921 who were asked

“what will happen in 2021?”

📺 streaming entertainment into our homes
🚗 electricity powers our wheels
📚 books will read to us

Thread