The idea that ‘The profits of production must be reinvested in increasing production’ sounds trivial. Yet it was alien to most people throughout history.


“our mind is strongly biased toward causal explanations and does not deal well with “mere statistics.”
― Thinking, Fast and Slow
― Thinking, Fast and Slow

“people agreed to represent imaginary goods – goods that do not exist in the present – with a special kind of money they called ‘credit’. Credit enables us to build the present at the expense of the future. It’s founded on the assumption that our future resources are sure to be far more abundant than our present resources. A host of new and wonderful opportunities open up if we can build things in the present using future income.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind

“Consumerism and nationalism work extra hours to make us imagine that millions of strangers belong to the same community as ourselves, that we all have a common past, common interests and a common future. This isn’t a lie. It’s imagination. Like money, limited liability companies and human rights, nations and consumer tribes are inter-subjective realities. They exist only in our collective imagination, yet their power is immense.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind

“Consumerism has worked very hard, with the help of popular psychology (‘Just do it’) to convince people that indulgence is good for you, whereas frugality is self-oppression.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind

“When the nuclear age erupted in the 1940s, many forecasts were made about the future nuclear world of the year 2000. When sputnik and Apollo 11 fired the imagination of the world, everyone began predicting that by the end of the century, people would be living in space colonies on Mars and Pluto. Few of these forecasts came true. On the other hand, nobody foresaw the Internet.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
Gaurav’s 2024 Year in Books
Take a look at Gaurav’s Year in Books, including some fun facts about their reading.
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