Rethinking China

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Macro

“What is truth? For the multitude, that which it continually reads and hears.” 

Oswald Spengler, The Decline of the West

Trend following is generally a waste of time, but if you’re lucky you might find something that makes you think. Not all minds that wander are lost. On this note, a topic I’ve delved into lately has been Chinese innovation and the supposed decline of America.

From Themistocles and Xerxes, or Obama and Trump, we’ve witnessed this question arise when a new paradigm has emerged. In the modern wake of the trade war, the current shape of the question is America versus China. Rephrased, it’s really asking what shapes countries over the long run – democracy and property rights or a no holds barren autocracy.

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Beginning an Infinite Game

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Macro

“A finite game is played for the purpose of winning, an infinite game for the purpose of continuing the play.” 

James Carse, Finite and Infinite Games

Graduating university is a cornerstone of a classic American life. I recently graduated and one reason I had such a tough time updating the blog was revising for my (mostly) useless exams. My friends who took time off during university to work and then returned to school said it was near impossible to feel like a student again: the siren song of work was too tempting to ever let it go.

This made me curious why that was. Culturally, we as students are told that we are having the time of our lives. In reality, all my friends were looking forward to getting on with their lives and leaving school behind. But that’s selection bias – what do the facts say?

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