Reforming The System

If we cannot agree on a path that both increases the size of the pie by maximizing human productivity and divides the pie well so there is something approaching equal opportunity, we will fight each other and not be productive which will hurt most everyone. There is no system that has proven better than capitalism in providing incentives, ideas and products. And it can easily be reformed to work better for most people. What’s the better choice?

Following Principles

Following principles is for me simply like following good recipes that get me what I want. However, when operating in a principled way one can see things from a higher level so that one wants to operate with a high standard of behavior. 

Principle Of The Day: Fail Well

Everyone fails. Anyone you see succeeding is only succeeding at the things you’re paying attention to—I guarantee they are also failing at lots of other things. The people I respect most are those who fail well. I respect them even more than those who succeed. 

That is because failing is a painful experience while succeeding is a joyous one, so it requires much more character to fail, change, and then succeed than to just succeed. People who are just succeeding must not be pushing their limits. Of course the worst are those who fail and don’t recognize it and don’t change.