hey this is a really really important thread, if you're a follower of mine i'd really appreciate it if you could read through this https://t.co/6yalBIEotQ
— Goddess of Butterflies (@JuniperTheory) January 17, 2021
A THREAD OF PEOPLE DISCUSSING MY THREAD:
[THREAD] https://t.co/Xr5YOxECxp
— Plum, Cat Girl (Festive)\U0001f384 (@BirbBabe) January 17, 2021
there's always a lot of stuff vying for yr attention on twitter but try to read this thread, if you can https://t.co/A8PNSgH1LL
— soaked through in digital video (@tvwolfsnake) January 17, 2021
5. There is no five.https://t.co/dsUDkY4dHa
— Lorxus \U0001f967 (@CoronaCoreanici) January 17, 2021
A THREAD OF PEOPLE DISCUSSING MY THREAD:
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
real shit right here, click thru https://t.co/LlwDg2OCeT
— the illustrious IRIS JAY (@irisjaycomics) January 17, 2021
here's a thread apologizing for this thread. sorry again https://t.co/xV9McJaN60
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
here's a cool person talking about my thread https://t.co/puVbnPQuKd
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
just a really good lesson for all of us to learn in this thread https://t.co/JWeUQOvWy9
— some dude who hates cops and owns a cool dog (@DocNum4) January 17, 2021
here's another good point https://t.co/b8AqlUpkPC
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
and here's another! people are being so nice to me https://t.co/d1MeD7sZgH
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
wait no jeez i'm sorry i mean uh https://t.co/4gfMDhSFHP
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
george: i'm yearning, jerry!
— Heather \u2b22 Flowers (@HTHRFLWRS) August 26, 2019
jerry: yearning!?
george: yearning, i tell you!
jerry: what, did you get bored of pining?
george: i'm pining and yearning at the same time, jerry!
oh gosh is this the right link oh jeez https://t.co/YXd46kJx3K
— Heather \u2b22 Flowers (@HTHRFLWRS) January 17, 2021
More from For later read
Excited we finally have a draft of this paper, which attempts to provide a 'unifying theory' of the long economic divergence between the Middle East & Western Europe
As we see it, there are 3 recent theories that hit on important aspects of the divergence...
1/
One set of theories focus on the legitimating power of Islam (Rubin, @prof_ahmetkuru, Platteau). This gave religious clerics greater power, which pulled political resources away form those encouraging economic development
But these theories leave some questions unanswered...
2/
Religious legitimacy is only effective if people
care what religious authorities dictate. Given the economic consequences, why do people remain religious, and thereby render religious legitimacy effective? Is religiosity a cause or a consequence of institutional arrangements?
3/
Another set of theories focus on the religious proscriptions of Islam, particular those associated with Islamic law (@timurkuran). These laws were appropriate for the setting they formed but had unforeseeable consequences and failed to change as economic circumstances changed
4/
There are unaddressed questions here, too
Muslim rulers must have understood that Islamic law carried proscriptions that hampered economic development. Why, then, did they continue to use Islamic institutions (like courts) that promoted inefficiencies?
5/
As we see it, there are 3 recent theories that hit on important aspects of the divergence...
1/
New CEPR Discussion Paper - DP15802
— CEPR (@cepr_org) February 14, 2021
Culture, Institutions & the Long Divergence@albertobisin @nyuniversity, Jared Rubin @jaredcrubin @ChapmanU, Avner Seror @SerorAvner @amseaixmars @univamu, Thierry Verdier @PSEinfohttps://t.co/lhs6AJb7jE#CEPR_DE, #CEPR_EH, #CEPR_ITRE pic.twitter.com/FtMzAELljJ
One set of theories focus on the legitimating power of Islam (Rubin, @prof_ahmetkuru, Platteau). This gave religious clerics greater power, which pulled political resources away form those encouraging economic development
But these theories leave some questions unanswered...
2/
Religious legitimacy is only effective if people
care what religious authorities dictate. Given the economic consequences, why do people remain religious, and thereby render religious legitimacy effective? Is religiosity a cause or a consequence of institutional arrangements?
3/
Another set of theories focus on the religious proscriptions of Islam, particular those associated with Islamic law (@timurkuran). These laws were appropriate for the setting they formed but had unforeseeable consequences and failed to change as economic circumstances changed
4/
There are unaddressed questions here, too
Muslim rulers must have understood that Islamic law carried proscriptions that hampered economic development. Why, then, did they continue to use Islamic institutions (like courts) that promoted inefficiencies?
5/
You May Also Like
1/ Some initial thoughts on personal moats:
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.