Category: personal AnGoL

The Pygmalion effect is a psychological phenomenon wherein high expectations lead to improved performance in a given area. Its name comes from the story of Pygmalion, a mythical Greek sculptor. Pygmalion carved a statue of a woman and then became enamored with it. Unable to love a human, Pygmalion appealed to Aphrodite, the goddess of love. She took pity and brought the statue to life. The couple married and went on to have a daughter, Paphos.

Source: The Pygmalion Effect: Proving Them Right

The Snowball Principle And How To Have It All The Snowball Principle is the idea that we can have it all if we’re willing to:

1. Get the fundamentals right FIRST and make them non-negotiable.
2. Have Big, Hairy, Audacious Goals (BHAGS), but be patient with them.
3. Replace all-or-nothing sprints with a marathon mentality.

Source: An Ambitious Person’s Brutally Honest Take On Work-Life Balance

Thanks to new text-mining techniques, this has now been done. Researchers at the University of Vermont’s Computational Story Lab have analysed over 1,700 English novels to reveal six basic story types – you could call them archetypes – that form the building blocks for more complex stories. They are:
1. Rags to riches – a steady rise from bad to good fortune
2. Riches to rags – a fall from good to bad, a tragedy
3. Icarus – a rise then a fall in fortune
4. Oedipus – a fall, a rise then a fall again
5. Cinderella – rise, fall, rise
6. Man in a hole – fall, rise

Source: BBC – Culture – Every story in the world has one of these six basic plots

To Study::

Top 5 SQL and Database Courses to Learn Online — Best of the Lot For those looking to gain a deeper knowledge of SQL or even those just looking to brush up, here are five online database courses to help you get there.
Source: Top 5 SQL and Database Courses to Learn Online — Best of the Lot – DZone Database

Small. Boutique. High-level. Responsive and hands on. Tech savvy and forward thinking… these are qualities the Goliaths are trying desperately to convey in their rebrands and new marketing starting decades ago with marketing campaigns like Charles Schwab’s “talk to Chuck”. But however effective such advertising might be at hooking in new clients, it can’t deliver these types of values compared to a real David. The overhead alone makes it impossible. You couldn’t have done this 10 years ago. The market, the

Source: How To Stand Out As A Small Consultancy And Crush Goliaths

Link from marginal revolutions blog

Overconfidence has been studied in 3 distinct ways.
Overestimation is thinking that you are better than you are.
Overplacement is the exaggerated belief that you are better than others.
Overprecision is the excessive faith that you know the truth.
These 3 forms of overconfidence manifest themselves under different conditions, have different causes, and have widely varying consequences. It is a mistake to treat them as if they were the same or to assume that they have the same psychological origins.

Source: The three faces of overconfidence – Moore – 2017 – Social and Personality Psychology Compass – Wiley Online Library

Listening for EmotionAt the fourth level we listen for any emotions and or identity issues that may be driving their argument.  These emotions or issues may (unlikely) or may not (most assuredly) make sense to us but at this level we recognize their significance to the other side as they talk about what is important to them. Listening for Their Point of ViewOne level beyond that is where we listen for what their argument, phrase, or statement says about who they are in world.  What does it symbolize or represent to them?  This is where we filter their emotion and logic through a prism of empathy. It is where we should be as negotiators. Getting beyond the cursory level of understanding to a deeper appreciation of their world view.  If we do not understand their world view, we do not really understand them.  If we do not understand them, we will never influence them.  It it is difficult to maintain this level of listening every waking moment of everyday but we need to be ready and willing to get here when the situation dictates.

Source: Did You Know There Are 5 Levels of Listening?

Indeed, Caplan has done us a service by compelling us to pay attention to a number of distressing facts: U.S. adults who have gone through our public schooling system are astonishingly ignorant of basic civics, history and science. Millions of people who start college will never finish. And the payoff for schooling is primarily about how many hours we have sat in classrooms rather than how much we have actually learned. Tick the boxes, get your degree and employers will smile on you, regardless of whether you gained any real skills and knowledge along the way.But Caplan’s instrumental, bottom-line solutions of practical subject matter and financial austerity certainly won’t help. Indeed, there is a twisted logic at play when we use dismal average student outcomes to justify the call for public divestment from education. When the most vulnerable students fail to thrive in inferior schools, we attribute their sub-par performance to their own inferiority. To tell these students they need fewer credentials in the name of social efficiency is a gross injustice.Surely, schools should be in the business of opening rather than closing doors.

Source: We Don’t Need No Education? | Boston Review

What could be the TFP of the Philippines???

First, the dominant reason for slow growth has been what economists label slow “total factor productivity” (TFP) growth. That is, the problem has not primarily been a shortage of capital and labor inputs into production, but rather slow growth in output, given inputs. After growing at about 1 ¾ percent per year between 1996 and 2004, the TFP growth rate has dropped by half since 2005.While TFP has fallen off rapidly, there is no basis for supposing that levels of labor input or capital are less than one would expect given the magnitude of the Great Financial Crisis. In fact, labor force participation rates in 2016 lined up closely with Federal Reserve researchers’ 2006 predictions. This suggests the lack of importance of the various factors adduced by the CEA’s report.

Source: No, “Obamasclerosis” wasnt a real problem for the economy | Larry Summers

The Disruption Antidote This analysis applies to Facebook and Google, two of the other companies in that chart, more than you might expect. While the two companies’ revenues are based on advertising, the attractiveness to advertisers rests on consumers using both services. Both, though, are disadvantaged to an extent because their means of making money operate orthogonally to a great user experience; both are protected by the fact would-be competitors inevitably have the same business model. That is why, fo

Source: Divine Discontent: Disruption’s Antidote – Stratechery by Ben Thompson