Categories
Technology

Superintelligence

This book is written by Swedish Philosopher, Nick Bostrom. He is a professor at Oxford University and the founding director of the Future of Humanity Institute. We all are hyped about the future but also have some fear of dangers that come along. Artificial Intelligence will make our life prosperous and there will be the smarter world without a doubt but it all depends on humans as we may not succeed in making AI as we think. The author explores the opportunities and potential risks posed by the development of AI. He also provides a hypothetical future scenario where machines surpass human intelligence and could even threaten humanity. There are endless positive aspects and possibilities but also concerns when thinking of superintelligent AI agents.

Categories
History

The Fourth Turning

This book is written by William Strauss and Neil Howe. It explores the concept of generational cycles and proposes a theory that history unfolds in a recurring and predictable pattern that every span lasts around a lifetime roughly 80-100 years which consists of four turnings. These turnings are driven by generational shift and societal and cultural transformations. The book was written in 1997, at which point the authors wrote that we were approaching the Fourth Turning which is the life changing period of crisis that marks every saeculum in history.

Trying to understand the current geopolitical situation, its essential to know some history of the current most powerful nation on earth, America. This post is nothing more than just a summary and my thoughts after reading the book. The full breadth of ideas within the book will amaze you. I highly recommend this book for those who loves to know history and excited for the future and at the same time prepare for it.

Categories
Finance

Pension, Tax and Investment

I’ve been searching for the answer to the question “What is Money?” for quite some time.

I’ve been going down this rabbit hole for long but its really hard to know what money is. For some it might be everything, for someone it might just be a tool, for someone it might be way of freedom and for someone it might be the power. But what actually is Money? Who creates it? Why does it have value? What is Value? Why humans sacrifice their finite time out of their life to get money? Why is it so important? What if there was nothing such as money? Would we live the way we live? There are lots of questions like these which is very hard to answer but one thing is for certain. We as a human from the beginning of time always had desire to put value on something through a tool we call money. The form of it might have changed from barter, to labor time, to glass beads, to salt, to stones, to gold, to silver, to coins, to paper and now to digits on a computer.

Categories
History

税金の世界史

「この世で最も理解しがたいものは所得税である。」- アインシュタイン

アインシュタインが理解できなかったのだから、私たちが理解できるはずがない。通貨の歴史と税制に飛び込もう。この本はイギリスの作家で声優でもあるドミニク・フリスビーが書いた面白い本だ。彼は、現代の通貨制度の欠陥を包括的に探求し、より公平な未来のための代替え的な金融の道を検討するものとして書いてくれている。様々な国で様々な期間に課された特異な税金の歴史的な例が記載されている。この本を読めば現代の税制の合理性や公平性に疑問を抱くかもしれない。

Categories
Economics History

Daylight Robbery

“The hardest thing in the world to understand is the income tax.” – Albert Einstein

If Einstein couldn’t understand it, we sure will never get it. Right? Its ludicrous to say the least. Lets dive into the monetary history and taxation. This book is written by Dominic Frisby, a British author and voice actor. It is a comprehensive exploration of the flaws within the modern monetary system and an examination of alternative financial paths for a fairer future. There are historical examples of peculiar taxes that have been imposed in various countries on several durations. You might even question the current rationale of certain taxation practices and its fairness after going through the book.

Categories
Economics

Principles of Economics

This book is written by the author of The Bitcoin Standard, Saifedean Ammous, an internationally best-selling economist and author. He gives lots of thought provoking ideas and examples with data how human civilization has been moving forward with money which is the most important tool of our civilization. Its a University level textbook offering a comprehensive, engaging and easy to read overview of the field of economics.

Categories
Economics History

Layered Money

This book explores the evolution and functioning of money throughout history and around the globe. Author writes about the concept of layered money, which refers to the different forms and levels of money that exist in modern economies. Basically, this provides an intuitive model view of the history, evolution, current state and future of money. As we know gold has been used for thousands of years but civilization found it hard to divide and carry around so they created various layers of money like IOUs issued by the banks with gold on deposit.

Categories
Economics

The Bitcoin Standard

This book is written by Saifedean Ammous. I highly recommend this book to those who are interested in finance and technology. This does not contain all the technical details of Bitcoin but you can grasp its current state and the economic impact it will have on our lives. This book explores the history of money, the flaws of the current financial system, and suggests the potential of Bitcoin as a decentralized alternative to central banking. Bitcoin has the potential and is very much likely to become the new global standard of money, which is free from government control and its inflationary policies.