Archive | July 2020

Lebanon: from Ponzi to Antifragility | by Nassim Nicholas Taleb | Jul, 2020 | Medium

And, I can’t be happier to see the antifragility spreading everywhere. Including those areas where the Altresco collaborative is preparing the “new” economies made possible by the disruption and failure of what has been the existing reality.

What we see in Africa is an opportunity, through reorganization, to open the doors for 350 million new consumers, which will be helping reduce CO2, through drawdown that today’s consumer consumption by combustion approach to the existing reality has been stomping into the dirt and hopelessness of abject poverty.
And we don’t plan to be bragging about “how” we’re doing it, although I’m open to some public speaking as people began to “notice” that something seems to be changing for the better.

Source: Lebanon: from Ponzi to Antifragility | by Nassim Nicholas Taleb | Jul, 2020 | Medium

Charles Proteus Steinmetz, the Wizard of Schenectady | History | Smithsonian Magazine

Once again, I find a beautifully and thoughtfully written amendment to something I thought I knew all about.

And, it does create a clear distinction between “energy” and electricity, and for me highlights the core complexity of how electrical systems work.

Wizard, Mathematical and electricity systems genius, and what my perception also recognizes as a “magician.”

I’ve been hearing and appreciating variations on the Henry Ford story for decades, but this is the first time the “details” have been explained in a way that creates clarity, context, and an ever deeper admiration.

Source: Charles Proteus Steinmetz, the Wizard of Schenectady | History | Smithsonian Magazine