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| Link | Quote | Stars | Tags | Author |
| e7ab946 | While market economies are often thought of as money economies, they are still more so knowledge economies.... Economic transactions are purchases and sales of knowledge." "After all, the cavemen had the same natural resources at their disposal as we have today.... We are all in the business of buying and selling knowledge from one another, because we are each so profoundly ignorant of what it takes to complete the whole process of which .. | George Gilder | ||
| a873771 | The availability of federal grants and loans to help students meet rising tuition costs virtually ensures that those costs will rise. A college which kept tuition affordable could forfeit millions of dollars annually in federal money available to cover costs over and above what students can afford, according to a financial aid formula. Arguments | Thomas Sowell | ||
| 021d18b | The ideological component of multiculturalism can be summarized as a cultural relativism which finds the prominence of Western civilization in the world or in the schools intolerable. Behind this attitude is often a seething hostility to the West, barely concealed even in public statements designed to attract wider political support for the multicultural agenda. | Thomas Sowell | ||
| 07594f0 | Put another way, success can distract us from focusing on the essential things that produce success in the first place. | Greg McKeown | ||
| 8868ab0 | Moreover, even at elite colleges, the personnel attracted to college admissions are seldom themselves part of the intellectual elite. Yet their job is to select students unlike themselves, to be taught by professors unlike themselves, for careers unlike theirs. It can hardly be surprising that admissions personnel are drawn toward non-intellectual criteria and toward ideas not unlike the notion of judging "the whole person," as found among .. | Thomas Sowell | ||
| 1d7366f | financial transactions that produced both wealth and unpopularity. | Thomas Sowell | ||
| 1b7f3b6 | stability of government and dependability of laws which attracted foreigners. | Thomas Sowell | ||
| b42b6a5 | Between 50,000 and 100,000 Huguenots fled to Britain from France in the seventeenth century, particularly after revocation of the Edict of Nantes, which had previously guaranteed religious freedom to Protestants.67 | Thomas Sowell | ||
| cf2e7b4 | What the British had earlier than many other peoples was a framework of law and government that facilitated economic transactions. | Thomas Sowell | ||
| 34add4c | Complex and time-consuming international economic transactions, including long-term investments, are particularly dependent on a reliable framework of law, so that changes of government policy or of individuals in power, do not create large uncertainties as to whether commitments will be honored or foreigners treated on an equal plane with the natives involved in commercial and financial transactions. | Thomas Sowell | ||
| 25de928 | British kings could not repudiate national debts-and this in turn made Britain a more attractive country for lenders.71 | Thomas Sowell | ||
| 272a938 | It was in the wake of these erosions of economic controls that intellectual challenges were then made to the role of government in the economy, first by the Physiocrats in France, who coined the term "laissez-faire," and then by Adam Smith in Britain, who became its leading champion." | Thomas Sowell | ||
| 1823e70 | It would be impossible to understand the persistence and vehemence of these arguments against test scores without understanding the political purpose they serve. Arguments that test scores under-estimate the subsequent academic performance of minority students (1) serve to justify preferential admissions of minority students and (2) permit denial that these are in fact preferential policies, by enabling the claim to be made that different a.. | Thomas Sowell | ||
| 9eac516 | Thomas Sowell wrote: "There are no solutions. There are only trade-offs." | Greg McKeown | ||
| d619f4a | What if society stopped telling us to buy more stuff and instead allowed us to create more space to breathe and think? What if society encouraged us to reject what has been accurately described as doing things we detest, to buy things we don't need, with money we don't have, to impress people we don't like? | Greg McKeown | ||
| 65cf4d8 | The results of this research were startling: when there was a high level of clarity of purpose, the teams and the people on it overwhelmingly thrived. When there was a serious lack of clarity about what the team stood for and what their goals and roles were, people experienced confusion, stress, frustration, and ultimately failure. As | Greg McKeown | ||
| b11ae26 | As John Maxwell has written, "You cannot overestimate the unimportance of practically everything."9" | Greg McKeown | ||
| 4172d9c | In the many hours Geoff spent resting he came to see an interesting paradox in his addiction to achievement: for a type A personality, it is not hard to push oneself hard. Pushing oneself to the limit is easy! The real challenge for the person who thrives on challenges is not to work hard. | Greg McKeown | ||
| 535af7f | Saying no is its own leadership capability. | Greg McKeown | ||
| b8d9d1c | And the cost of hiring too many wrong people (and one wrong hire often leads to multiple wrong hires because the wrong person will tend to attract more wrong people) is what Guy Kawasaki called a "Bozo explosion"--a term he uses to describe what happens when a formerly great team or company descends into mediocrity.1" | Greg McKeown | ||
| 70b48a0 | choice is not a thing. Our options may be things, but a choice--a choice is an action. It is not just something we have but something we do. | Greg McKeown | ||
| 699b3dc | Will this activity or effort make the highest possible contribution toward my goal?" Part One of this book will help you figure out what those activities are." | Greg McKeown | ||
| 01deec4 | Nonessentialists listen too. But they listen while preparing to say something. They get distracted by extraneous noise. They hyperfocus on inconsequential details. They hear the loudest voice but they get the wrong message. In their eagerness to react they miss the point. | Greg McKeown | ||
| f0a7497 | When there is a serious lack of clarity about what the team stands for and what their goals and roles are, people experience confusion, stress, and frustration. When there is a high level of clarity, on the other hand, people thrive. When | Greg McKeown | ||
| 6e675b4 | GIVE ME SIX HOURS TO CHOP DOWN A TREE AND I WILL SPEND THE FIRST FOUR SHARPENING THE AXE. --Attributed to Abraham Lincoln | Greg McKeown | ||
| 7d97dcd | A powerful essential intent inspires people partially because it is concrete enough to answer the question, "How will we know when we have succeeded?" This" | Greg McKeown | ||
| 108126d | When we start small and reward progress, we end up achieving more than when we set big, lofty, and often impossible goals. And as a bonus, the act of positively reinforcing our successes allows us to reap more enjoyment and satisfaction out of the process. | Greg McKeown | ||
| 21e3897 | Tell me, what is it you plan to do / with your one wild and precious | Greg McKeown | ||
| 6f8cfa7 | I'm sorry. We're not going to do a thousand different things that really won't contribute much to the end result we are trying to achieve.' | Greg McKeown | ||
| 2f53eb7 | Charles Duhigg, author of the book The Power of Habit. | Greg McKeown | ||
| 0cacf38 | choice is an action. It is not just something we have but something we do. | Greg McKeown | ||
| c06cf1c | In The Tao of Warren Buffett, Mary Buffett and David Clark explain: "Warren decided early in his career it would be impossible for him to make hundreds of right investment decisions, so he decided that he would invest only in the businesses that he was absolutely sure of, and then bet heavily on them. He owes 90% of his wealth to just ten investments. Sometimes what you don't do is just as important as what you do." | Greg McKeown | ||
| 3555071 | only once you give yourself permission to stop trying to do it all, to stop saying yes to everyone, can you make your highest contribution towards the things that really matter. What | Greg McKeown | ||
| b648a7a | Once an Australian nurse named Bronnie Ware, who cared for people in the last twelve weeks of their lives, recorded their most often discussed regrets. At the top of the list: "I wish I'd had the courage to live a life true to myself, not the life others expected of me." | Greg McKeown | ||
| 590c51f | The overwhelming reality is: we live in a world where almost everything is worthless and a very few things are exceptionally valuable. As John Maxwell has written, "You cannot overestimate the unimportance of practically everything." | Greg McKeown | ||
| 9680ee1 | The Nonessentialist operates under the false logic that the more he strives, the more he will achieve, but the reality is, the more we reach for the stars, the harder it is to get ourselves off the ground. | Greg McKeown | ||
| 544b7d3 | the faster and busier things get, the more we need to build thinking time into our schedule. And the noisier things get, the more we need to build quiet reflection spaces in which we can truly focus. | Greg McKeown | ||
| 021232c | Today, technology has lowered the barrier for others to share their opinion about what we should be focusing on. It is not just information overload; it is opinion overload. THE | Greg McKeown | ||
| 48a120f | To embrace the essence of Essentialism requires we replace these false assumptions with three core truths: "I choose to," "Only a few things really matter," and "I can do anything but not everything." These simple truths awaken us from our nonessential stupor." | Greg McKeown | ||
| ed0d4e0 | EVERY DAY DO SOMETHING THAT WILL INCH YOU CLOSER TO A BETTER TOMORROW. --Doug Firebaugh Think | Greg McKeown | ||
| 68bdc84 | I had just learned a crucial lesson: certain types of effort yield higher rewards than others. | Greg McKeown | ||
| dc292fe | The way of the Essentialist means living by design, not by default. Instead of making choices reactively, the Essentialist deliberately distinguishes the vital few from the trivial many, eliminates the nonessentials, and then removes obstacles so the essential things have clear, smooth passage. In other words, Essentialism is a disciplined, systematic approach for determining where our highest point of contribution lies, then making executi.. | Greg McKeown | ||
| 2fd349b | The word priority came into the English language in the 1400s. It was singular. It meant the very first or prior thing. It stayed singular for the next five hundred years. Only in the 1900s did we pluralise the term and start talking about priorities. Illogically, we reasoned that by changing the word we could bend reality. Somehow we would now be able to have multiple "first" things." | Greg McKeown | ||
| 54623ba | Jeff Weiner, the CEO of LinkedIn, for example, schedules up to two hours of blank space on his calendar every day. He divides them into thirty-minute increments, yet he schedules nothing. It is a simple practice he developed when back-to-back meetings left him with little time to process what was going on around him.4 At first it felt like an indulgence, a waste of time. But eventually he found it to be his single most valuable productivity.. | Greg McKeown |