There's a deep and surprising sense in which money can't be "wasted" from a bird's eye perspective - only resources and people's time can be wasted.
If someone "wastes" $100, someone else now has $100 extra to spend. Even burning bills deflates the currency, making other bills more valuable.
But people's time genuinely can be wasted. The tragedy of someone spending hundreds of millions of dollars building a yacht is not the dollars spent but the enormous quantity of people's time and all ...
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resources
Ten theories for how to achieve true happiness (and useful resources for you to try them out)
This essay is cross-posted from the Clearer Thinking blog.
The question of how to achieve true happiness has been debated for thousands of years. In this article, we've summarized ten approaches to happiness, new and old, that are popular today.
How do you think about being truly happy?
You might find that your personal views on this topic are captured by one of these ten popular theories. We hope that understanding these different theories will help you to better refine you...
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How do we predict high levels of success?
Below, I outline 13 approaches to predicting high levels of success with differing levels of complexity, including my own mega model at the bottom.
Note: here, I use the term "success" merely in terms of achievement, career success, or high levels of expertise, NOT in terms of happiness, living a good life, morality, having strong social bonds, etc. There is nothing wrong with not wanting to be successful in the way this post focuses on. But if you DO want "success" in the sense in...
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Deconstructing Accomplishment
Accomplishments are usually only achieved when a number of factors all come together. Take, for example, a tennis player. It is unlikely that he will accomplish a lot if he doesn't have ambitious goals. If he only plays for fun, or to be the best player in his tennis club, it is very unlikely he'll put in sufficient effort to win a major tournament. So ambition will be an important ingredient in determining his level of success. What's more, to attain great things in tennis, the player need to s...
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