"Money changes hands, but the world does tend to improve, either through over-investment in technology (in equity bubbles) or through a more detailed mapping of the status quo (in credit bubbles)."
Prikaži ovu nit
"Bubbles make the world more legible." https://www.scribd.com/document/420334402/Manias-and-Mimesis-Applying-Rene-Girard-to-Financial-Bubbles … by @byrneseyeview & @TobiasAHuber
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Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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"With the rise of railway timetables, it was possible to know, down to the minute, when they’d reach the station. Other bubbles re-map the world in other ways: the growth of global trade led Parliament to offer a bounty for accurate measurements of longitude."
Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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"The legibility-inducing nature of bubbles creates a rivalrous dynamic, because it requires visionaries to have a specific view of the future, incompatible with the status quo."
Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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"A railway is not merely an investment with an expected return; it’s also a slap in the face for older social norms."
Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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