In keeping with our tradition of Bric-a-brac, Grab-bag, Potpurri, and Miscellany, Ron and Ed present their thoughts on some articles and posts on varied topics that require more than just a cursory conversation, but not quite a full episode.
Ron’s links mentioned during the show:
Happy Birthday Milton Friedman!
https://www.nationalreview.com/2023/07/milton-friedman-still-winning-the-argument/The Modern Quest For Immortality
https://www.nationalreview.com/magazine/2023/07/10/the-modern-quest-for-immortality/The Question
https://www.dissentmagazine.org/wp-content/files_mf/1353953160genovesethequestion.pdfRightsizing China
https://www.nationalreview.com/magazine/2023/06/12/chinas-coming-decline/A difficult new world, Special Report: The Car Industry, The Economist, April 22, 2023
https://www.economist.com/special-report/2023-04-22Psychologically Safe Work Environment
https://businessbreakthrough.online/report/build-psychological-safety-in-your-firm/
Use these AI generated show notes to follow along with the audio.
School vouchers.
Happy birthday to Milton Friedman!
Friedman made the case for school vouchers in the 1955 essay, and that idea found its way into capitalism and freedom.
The number of earnings calls where executives mention environmental initiatives is declining.
They don't want to reform school they want to end school.
Nobody wants to reform school. Nobody wants to end schooling. What parent wants to do this?
Moving to a voucher system or an educational savings account program, or an esa program in Arizona, gives a lot more flexibility in terms of finances and makes so much sense.
State after state after state is rolling out this program across all political sectors.
The modern quest for immortality, by lionel shriver, a novelist and columnist for British Spectator magazine.
With eternity at stake, with that at stake who would be voluntary for the military?
The burden of finding purpose and meaning could grow unbearable, she says.
What is the quality of the extra time?
Concerns about the quality of that extra time, and how it would impact the social security system from an economic standpoint.
The knowledge problem of a shrinking worldwide population and the need for more knowledge, learning, growth and innovation.
The summer of 1994, the book, well it's called the question, by Eugene Jenna Basie, a historian.
We broke all records for mass slaughter piling up 10s of millions of corpses in less than three quarters of a century when the asian figures are properly calculated.
The importance of subjecting basic premises to stern review and own up to all that has gone wrong and take the measures necessary to guarantee against the next round of the same old story.
The turning point that shifted Jonah's mind from supporting the collapse of the Soviet Union to questioning it.
How hard is it to change a culture of denial?
The soviet union has not accounted for its past. The soviet union has done nothing to rectify the wrongs of the Soviet Union.
It is hard to change a culture, which is why theories work so well, because it is just the language and the persuasion.
China under the communist party is a nation in long-term decline, weaker than it wants the world to believe.
More than half of china's middle school age students are unable to advance to high school or choose not to complete junior high, some 400 million future working age chinese may be classified as cognitively handicapped.
Unemployment rate in china is 20% higher than the general population, and they are dependent on Russia for natural resources.
China is no longer the low cost producer.
Corruption in the car industry.
The two party system in China is better than a one party system, for sure, but they still have a lot of issues that nobody talks about.
The economist's special report on the car industry is one of their special reports from April 22, 22, this year.
Global car production peaked at 73 million passenger vehicles in 2017, but is expected to drop to 62 million by 2022, according to mckinsey.
Legacy carmakers are facing a big challenge.
By the end of this decade, the sticker price of most evs will be equal to that of an internal combustion engine.
By 2020, charging could go from 66 billion in 2023 to 300 billion by 2020. Most of it will go to tesla because they get the half.
Subscription model for cars.
The electric engine is a very basic concept. The basic concept is unchanged completely, and it is just as simple to produce. It feels like driving a slot racer.
The emerging subscription model for cars is easier for a tech firm to make cars than it is for a carmaker.
Only about 8% of petrol heads are real car buyers, and only 1% of new cars are bought by people under the age of 24, according to mckinsey.
Sony and Honda are teaming up with software companies to make evs and alibaba, huawei, tencent and zami.
I have a business breakthrough. Paul shrimpbling, humanize the numbers. Book. The fearless organization creating psychological safety in the workplace for learning, innovation and growth. By amy edmondson.
Project aristotle, a multi-year study of 100 Navy teams at Google that looked at their composition, educational backgrounds, skills, personality traits.
The importance of building trust in an organization.
There has been an uptick in conversation about sage on the sage thought leadership podcast and other psychological safety podcasts.
After action reviews are a perpetual tool for psychological safety.
The importance of the debrief of course in the air force and the importance of rapid decision making under uncertainty.
The book is one of his top books of the year.
“Time sheets are not evil though what we do with them sometimes is”
75% of revenue in a professional still generated by the billable hour.
Time tracking is the tool, but it is the ideology around the timesheet that is the problem, not the idea of who is implementing it. No good way to implement a crappy idea.
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