Quoterday – The Massive Defense of Optimism

The pessimist seems to be at the mercy of reality, whereas the optimist has a massive defense against reality that maintains good cheer in the face of a relentlessly indifferent universe. Martin Seligman, Learned Optimism While I like this quote in some ways, I cannot give my full agreement. On one hand, Seligman makes a convincing case … Continue reading Quoterday – The Massive Defense of Optimism

Quoterday – The Illusion of Free Markets

If some markets look free, it is only because we so totally accept the regulations that are propping them up that they become invisible. -Ha-Joon Chang - 23 Things They Don't Tell You About Capitalism When people debate political economic policy, the same theme surfaces.  One side believes in "free markets" while another promotes "regulation". "When the … Continue reading Quoterday – The Illusion of Free Markets

Quoterday – Dangerous Dreaming

Dreaming about a positive future seemed to protect against sadness in the short term but promote it over the long term. Gabriele Oettingen, Rethinking Positive Thinking Fantasizing about the future.  It's easy.  It's free. It gives us direction.  It feels good.  What could go wrong? According to Gabriele Oettingen, daydreaming of an ideal future is … Continue reading Quoterday – Dangerous Dreaming

Quoterday – Equality of Opportunity

Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of minimum income, education, and healthcare, we cannot say that we have fair competition. -Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism When people debate equality and fairness (especially in the U.S.), many voice support for equality of opportunity and … Continue reading Quoterday – Equality of Opportunity