Application of multidisciplinary approach to education
we need ... to have multidisciplinary coverage of immense amplitude, with all needed skills raised to an ever-maintained practice-based fluency, including considerable power of synthesis at boundaries between disciplines, with the highest fluency levels being achieved where they are most needed, with forward and reverse thinking techniques being employed in a manner reminding one of inversion in algebra, and with "checklist" routines being a permanent part of the knowledge system
bad accounting quote
a profession and a nation that allow unsound accounting for management cost are leaning in the same moral direction as the group that leaves most of the steel out of the concrete in erecting high rise apartment buildings
golden rule of success
the safest way to get what you want is to try to deserve what you want.
Joy of using mental models
The happier mental realm I recommend is one from which no one willingly returns. A return would be like cutting off one's hands.
lack of integrity quote
it is hard for an empty sack to stand upright
love based on admiration
no love that's so right as admiration based love, and such love should include instructive dead
quote on generational knowledge transfer
the sacrifices and the wisdom and the value transfer that comes from one generation to the next should always be appreciated
quote on incentives
the people who design easily gameable systems belong in the lowest circle of hell
Rationality of stock price
They are valued partly like bonds, based on roughly rational projections of use value in producing future cash. But they are also valued partly like Rembrandt paintings"
Stock market is not pefectly efficient or rational.
read biographies
I am a biography nut myself. And I think when you're trying to teach the great concepts that work, it helps to tie them into the lives and personalities of the people who developed them.
reciprocity quotation
cash registers did more for human morality than the congregational church
vice effect quote
single flaw is inexorably punished by remorseless fate