All tagged discussion

Here is how I explained my little sister what money is: 

Imagine we live in a world without money. You need someone to clean your house today and I am your neighbour who would be happy to do it. You promise me a basket of apples in the autumn for doing you this favour. Then one month later I meet someone who makes carpets and I realize I need the carpet more than the apples.

We tend to believe that the more we know, the more we will understand. We want more facts, more details, more numbers, more of whatever that would make us smarter. But what really makes us smarter is thinking and thinking is hard. Seeking data is easier than thinking, so we tend to go that way.

I used to be a big supporter of the idea that the more information I have at hand, the better I will understand how things come together. And so I dig in, get the data and figure out how that number became what it became. At this point I have already the first issue.