Friday, March 26, 2021Volume 2, Issue 20 “Once you start doing only what you’ve already proven you can do, you’re on the road to death.” — Jerry Seinfeld Ray Dalio sees ‘good probability’ bitcoin gets outlawed by Julia La Roche, Wednesday, March
Skeptics sometimes equate optimism with naivete, and this is often the case for sunny optimists who are gullible enough to believe in any business plan or far fetched concept. Optimism must be tempered with a heavy dose of realism, and supported by historical fact and intelligent projections of the future. This is Matt Ridley’s primary focus in The Rational Optimist: How Prosperity Evolves. In a work that may be best describes as a fusion of Adam Smith’s invisible hand and Charles Darwin’s natural selection, Mr. Ridley has presented a fascinating argument, at least for those not wed to predetermined ideologies. Read this book review for more information.