The importance of local media dragon milieus, “How important are local inventive milieus: The role of birthplace, high school and university education,” by Olof Ejermo and Høgni Kalsø Hansen
Regulatory Reform 10 Years After the Financial Crisis: Systemic Risk Regulation of Non-Bank Financial Institutions. Jay B. Sykes, Legislative Attorney. April 12, 2018.
“When large, interconnected financial institutions become distressed, policymakers have historically faced a choice between (1) a taxpayer-funded bailout, and (2) the destabilization of the financial system—a dilemma that commentators have labeled the “too-
big-to-fail” (TBTF) problem. The 2007-2009 financial crisis highlighted the significance of the TBTF problem. During the crisis, a number of large financial institutions experienced severe distress, and the federal government committed hundreds of billions
of dollars in an effort to rescue the financial system
A plurality of experts say digital life will continue to expand people’s boundaries and opportunities in the coming decade and that the world to come will produce more help than harm in people’s lives. Still, nearly a third think that digital life will be mostly harmful to people’s health, mental fitness and happiness. Most say there are solutions.”
Recutting movie trailers to wrong-foot movies into different genres is an old YouTube tradition — see The Shining as a romantic comedy, 90s-style opening credit sequences for prestige dramas like Game of Thrones, and Toy Story as a horror film — but this recasting of Wall-E into trailers for seven different genres (including a Jony Ive bit at an Apple keynote) is a good demonstration of the power of film editing. Just switch a few scenes, slip in some different music, change the pacing of cuts, and you’ve got yourself a completely different movie. Watching these types of videos always makes me think that film editors do not get the credit they deserve. (See, for example, how extensive editing rescued Star Wars.) (via @johnbarta)
Here are the next two steps:
2. Shift to a soft focus on that person and picture them in their happiest moments — Hugging a friend, picking up their kids from school, reuniting with someone they love, celebrating after some good news.I do this kind of thing from time to time when I’m out and about, not as meditation exactly, but as a way of empathizing with others in a small way, especially those I might feel certain ways about because of personal or cultural prejudice. It’s difficult for me to remember to do this, but I always feel better and more human when I do. (via @pieratt)
3. Now, picture them in their saddest moments and imagine what they would look like when feeling low. Feel their sadness and despair with them.
the Noticing newsletter goes out, a bunch of people unsubscribe. When this happens each week I panic a little, so I asked other newsletter writers if this happened to them too. And it does.
In the ensuing thread, a former Twitter employee chimed in to say that “the single biggest correlation with people unfollowing an account [on Twitter] was whenever an account tweeted anything at all”. And someone else chimed in with “historically the biggest problem of newspaper subscriptions: physical delivery of the damn things leads to churn!” I also remarked that this reminded me of Jon Bois’ amazing Chart Party episode on Barry Bonds, where he concludes (spoilers!) that in 2004, Bonds would have finished with essentially the same on-base percentage if he hadn’t used a bat for the entire season.
Newsletters you’re better off not sending, newspapers you shouldn’t publish, and pitches you should never swing at. Was WOPR right in WarGames? Is the only winning move not to play?
Global thermonuclear war notwithstanding, this issue highlights the need to keep in mind why you’re playing a particular game in the first place. I often return to something that Ludicorp (makers of Flickr) had on their about page from a book by Charles Spinosa et al. about the goal of business:
Business owners do not normally work for money either. They work for the enjoyment of their competitive skill, in the context of a life where competing skillfully makes sense. The money they earn supports this way of life. The same is true of their businesses. One might think that they view their businesses as nothing more than machines to produce profits, since they do closely monitor their accounts to keep tabs on those profits.The people who work for newspapers want to provide their readers with high quality information.
But this way of thinking replaces the point of the machine’s activity with a diagnostic test of how well it is performing. Normally, one senses whether one is performing skillfully. A basketball player does not need to count baskets to know whether the team as a whole is in flow. Saying that the point of business is to produce profit is like saying that the whole point of playing basketball is to make as many baskets as possible. One could make many more baskets by having no opponent.
The game and styles of playing the game are what matter because they produce identities people care about. Likewise, a business develops an identity by providing a product or a service to people. To do that it needs capital, and it needs to make a profit, but no more than it needs to have competent employees or customers or any other thing that enables production to take place. None of this is the goal of the activity.