“From Mount Hollywood, Los Angeles looks rather nice, enveloped in a haze of changing colors. Actually, and in spite of all the healthful sunshine and ocean breezes, it is a bad place - full of old, dying people, who were born old of tired pioneer parents, victims of America - full of curious wild and poisonous growths, decadent religious cults and fake science, and wildcat enterprises, which, with their aim for quick profit, are doomed to collapse and drag down multitudes of people.” PeopleLooksAmericaScienceParentGrowthBornReligiousNiceDyingColorOceanHollywoodAimVictimTiredProfitCuriousFakeEnterpriseSpiteSunshineLos AngelesCollapseDragMultitudesDoomedCultBreezePioneersPoisonousHazeReligious CultsWildcatsChanging Colors Author:Louis Adamic
“As great edifices collapse of their own weight, so Heaven sets a similar limit to the growth of prosperous states.” StatesHeavenGrowthLimitsWeightCollapseProsperousEdifice Book:Pharsalia: dramatic episodes of the Civil Wars Source: Pharsalia: dramatic episodes of the Civil Wars
“How could Digital's collapse be so precipitous? It's because, in many ways, financial performance data is misleading. As you move up to the top of the market, you're getting rid of the less profitable products at the low end and adding business with more attractive margins at the high end. The rate of unit volume growth might be tapering off as you pursue these smaller markets, but your margins actually look better. So Wall Street rewards your stock price until you hit the ceiling.” WayLooksEndsMightMovingGrowthStreetsProductsWallLowsPerformancesRewardsRateFinancialPursueDataAttractiveDigitalCollapseVolumeUnitsProfitableMarginsCeilingsMisleadStock PriceTapering Author:Clayton Christensen
“Without the heart to ground it and open it to who we really can be as human beings, the brain is a very dangerous machine. A machine that is saying: we've got to have economic growth; we've got to have unending economic growth, otherwise societies will collapse. And yet there should be something saying: wait a minute, this isn't going to work.” ShouldHumansHeartWaitingGrowthHuman BeingsBrainEconomicMinutesDangerousMachinesCollapseGoing To WorkEconomic GrowthUnending Author:Jane Goodall
“The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.” BigsSeemsJobsGrowthEconomyEconomicStreetsWallImpactInvestmentEmploymentCollapseModestInitialsEconomic GrowthLendingPositive ImpactMain Street Author:Gerald Epstein