Intangible assets may be one of the most important, least understood phenomenon of the 21st. Innovation, growth, inequality, the role of management, and financial and policy reform can't be understood without a proper measure of intangible assets.
The 2002 Conference on Research in Income and Wealth sought to measure the types of investment people were making in "the new economy." At the time, Microsoft was the world's most valuable company at $250b. $3b (1%) was plant and equipment. This was unheard of.
Jul 17, 2018 • 5 tweets • 2 min read
Recent book recommendations (full list: danschlz.com/2018-reading).
Edwin Land heavily influenced Steve Jobs. Two "Landisms":
“If you are able to state a problem... then the problem can be solved.”
A few spectacular reads on Andy Clark's theory of the predictive mind.
newyorker.com/magazine/2018/…
"When the brain strove to minimize prediction error, it was not just trying to reduce its uncertainty about what was going on in the world; it was struggling to resolve the contradictions between fantasy and reality—ideally by making reality more like fantasy."
Feb 10, 2018 • 17 tweets • 7 min read
0 • A thread on the best reading lists I've come across so far.
1 • @patrickc: with over 700, this might be the only list you need.
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