rePost:Surest Way To Raising Prosperity:New Rules for the New Economy

In both country and network, the surest route to raising one’s own prosperity is raising the system’s prosperity. The one clear effect of the industrial age is that the prosperity individuals achieve is more closely related to their nation’s prosperity than to their own efforts. Lester Thurow, an MIT economist, has pointed out that enabling the lowest paid to earn more is the best way to raise wages for the highest paid–the theory being that a rising tide lifts all boats. The network economy will only amplify this.
To raise your product, lift the networks it ties into. To raise your company, lift the standards it supports. To raise your country, increase the connections (in quality and quantity) that allow others to prosper.
via New Rules for the New Economy.

Quote::The Happiness Project: Seth Godin: "You Can Become the Indispensable Linchpin."

Read the whole interview at the linked site!!

Gretchen:If you had to sum up in one sentence what you want a reader to understand from reading Linchpin, what would it be?
The world wants you to be a faceless, replaceable cog in the vast machinery of production–but if you choose, and you work at it, you can become the sort of person we really need, an indispensable linchpin, a person who matters. The marketplace needs and embraces artists, creatives, initiators, challengers and movers. You have that skill, the challenge is unearthing it.
via The Happiness Project: Seth Godin: “You Can Become the Indispensable Linchpin.”.

Quote::Real Advice Hurts | 43 Folders

We can’t get good at something solely by reading about it. And we’ll never make giant leaps in any endeavor by treating it like a snack food that we munch on whenever we’re getting bored. You get good at something by doing it repeatedly. And by listening to specific criticism from people who are already good at what you do. And by a dedication to getting better, even when it’s inconvenient and may not involve a handy bulleted list.
via Real Advice Hurts | 43 Folders.

Quote::Innovation's Accidental Enemies – BusinessWeek

When faced with a new idea, the boardroom impulse is to ask for proof in one of two flavors: deductive and inductive. With deduction, we apply a widely held rule. With induction, we develop a new rule from a wide range of data. In both cases, we use existing information to understand the issue in play. But for breakthroughs, there is no rule or pool of past data to provide certainty. So when a CEO, like our banker friend, demands evidence that an idea will succeed, he is driving innovation away.
via Innovation’s Accidental Enemies – BusinessWeek.

Quote::TheMoneyIllusion » Seeing the world in a different way (one year later)

I loved reading this, thanks to Marginal Revolution’s Tyler Cowen for the pointer!!! (Trying his best to impersonate famous blogger’s tone)

Still, at the current pace my blog is gradually swallowing my life. Soon I won’t be able to get anything else done. And I really don’t get any support from Bentley, as far as I know the higher ups don’t even know I have a blog. So I just did 2500 hours of uncompensated labor. I hope someone got some value out of it. Right now I just want my life back.
via TheMoneyIllusion » Seeing the world in a different way (one year later).

Quote:: Fathoming People's Emotions and Motives from Afar

A friend once said to me, “I don’t judge other people, I don’t care if other people judge me.”

What’s more, deconstructing the dynamics of a relationship we have no part of is a fool’s errand:
A friend of mine once said that the only two people who know what’s going on between a man and a woman are the man and the woman themselves. He was half right. The man and the woman—or man and man, woman and woman; it’s all the same—are the last to know. The idea that we can precisely fathom people’s emotions and motives is absurd. We can barely comprehend our own. Maybe pretending that we understand what makes our political figures tick is how we console ourselves for not understanding our politics at all.
via Ben Casnocha: The Blog: Fathoming People’s Emotions and Motives from Afar.

Quote::Finding the signs « Paulo Coelho’s Blog

Sabi nga ng  Zombieland “Enjoy the small things!!!!!” Loved reading this, hope you can too.

This miracle is in the small things of daily life; we must live in the understanding that at every moment there is a way out of each problem, the way of finding that which is missing, the right clue to the decision which must be taken in order to change our entire future.
But how to find the courage for this? As I see it, God speaks to us through signs. It is an individual language which requires faith and discipline in order to be fully absorbed.
via Finding the signs « Paulo Coelho’s Blog.