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💡 Did You Know?

Kudzu spreads over 150,000 new acres each year.

#facts #biology

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💡 Did You Know?

The United States alone consumes 23% of the planet’s ecological capacity.

#facts #biology

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💡 Did You Know?

The energy in the sunlight that reaches Earth each day is equivalent to the energy in 100 million atomic bombs.

#facts #biology

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5 of My All-time Favorite Books (by Bill Gates)

I decided to try something different for my list of holiday books this year.



The holidays are a great time for annual traditions. Like many people, I love to spend the end of the year celebrating the holidays with my family. (We usually wear matching pajamas on Christmas.) I also enjoy sitting down to write my annual list of holiday books, which I’ve done around this time of year for the last decade. It’s always a fun opportunity for me to reflect on everything I’ve read recently.

This time, though, I decided to try something different. Rather than limit myself to things I’ve read over the previous twelve months, I instead picked books regardless of when I finished them.

One of the selections has been a favorite of mine since middle school. Another is a brand-new memoir that I just finished. This isn’t a complete list of my favorite books of all time—that list would include a lot more Vaclav Smil and Elizabeth Kolbert. But all five are books that I have recommended to my family and friends over the years.

I hope you find something new to read this winter—and that you and your loved ones enjoy celebrating your favorite traditions together over the holiday season.


1. Best introduction to grownup sci-fi: Stranger in a Strange Land, by Robert Heinlein.

Paul Allen and I fell in love with Heinlein when we were just kids, and this book is still one of my favorite sci-fi novels of all time. It tells the story of a young man who returns to Earth after growing up on Mars and starts a new religion. I think the best science fiction pushes your thinking about what’s possible in the future, and Heinlein managed to predict the rise of hippie culture years before it emerged.


2. Best memoir by a rock star: Surrender, by Bono.

This book came out this month, so it’s the most recent one I’ve read on my list. If you’re a U2 fan, there is a good chance you already plan to check it out. Even if you’re not, it’s a super fun read about how a boy from the suburbs of Dublin grew up to become a world-famous rock star and philanthropist. I’m lucky enough to call Bono a friend, but a lot of the stories he tells in Surrender were new to me.

3. Best guide to leading a country: Team of Rivals, by Doris Kearns Goodwin.

I can’t read enough about Abraham Lincoln, and this is one of the best books on the subject. It feels especially relevant now when our country is once again facing violent insurrection, difficult questions about race, and deep ideological divides. Goodwin is one of America’s best biographers, and Team of Rivals is arguably her masterpiece.


4. Best guide to getting out of your own way: The Inner Game of Tennis, by Robert Gallwey.

This book from 1974 is a must-read for anyone who plays tennis, but I think even people who have never played will get something out of it. Gallwey argues that your state of mind is just as important—if not more important—than your physical fitness. He gives excellent advice about how to move on constructively from mistakes, which I’ve tried to follow both on and off the court over the years.


5. Best book about the periodic table: Mendeleyev’s Dream, by Paul Strathern.

The history of chemistry is filled with quirky characters like Dimitri Mendeleyev, the Russian scientist who first proposed the periodic table after it allegedly came to him in a dream. Strathern’s book traces that history all the way back to its origins in ancient Greece. It’s a fascinating look at how science develops and how human curiosity has evolved over the millennia.


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💡 Did You Know?

Albacore tuna has about three times more mercury per can than light tuna.

#facts #biology

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💡 Did You Know?

Because it uses sunlight to warm its body, a reptile requires only about 10% as much food energy as a mammal of equivalent size.

#facts #biology

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💡 Did You Know?

About 60% of the calories you consume are released back into the environment as body heat.

#facts #biology

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💡 Did You Know?

The U.S. organic farming industry has grown 20% per year during the past decade, making it one of the fastest-growing segments of agriculture.

#facts #biology

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💭 ISSUE

Will the Next Recession Feel Like a Recession?

According to the National Bureau of Economic Research (NBER), the last U.S. recession officially ended in June 2009. Since then, the U.S. economy has embarked on a record-long period of recovery and expansion that has produced significant growth in GDP and a sharp reduction in the unemployment rate. The economy is in such robust shape that when the next recession begins, it may not actually feel like a recession. How could this be?

Part of the explanation is how economists date the business cycle. The NBER looks at “turning points” when the economy goes from a peak to a downturn or from a trough to a recovery. A recession officially begins when the economy is at its peak, which occurs when the economy is in its best (or near best) condition.

This means that for a portion of the recession, the economy will appear healthy in terms of employment and wages. But it’s the trend that matters. At the start of a recession, life is still good for most people, but the trend is turning negative as companies begin to cut production and lay off workers as consumer confidence erodes.

Toward the end of the recession and into the start of the recovery is when most people feel the effects of the recession at its worst. The start of the recovery occurs right after the trough, when unemployment is usually high and wages are depressed. A comparison of key statistics at the start and end of the Great Recession tells the story: In December 2007, the unemployment rate was 5.0%, and GDP was $13.4 trillion. At the start of the recovery in June 2009, the unemployment rate was 9.5%, and GDP was $12.8 trillion.

What does this suggest about the prospects of the next recession? When the next recession begins, it may not actually feel like a recession because of how recessions and recoveries are dated based on turning points in the business cycle.


#econ #issue

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"The master of the art of living makes little distinction between his work and his play, his labor and his leisure, his mind and his body, his education and his recreation, his love and his religion. He simply pursues his vision of excellence in whatever he does, leaving others to decide whether he is working or playing. To him, he is always doing both."

— Lao-Tzu

#quotes

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💡 Did You Know?

Across the Earth, photosynthesis produces about 160 billion metric tons of sugars each year—more than enough to fill every stadium in the world.

#facts #biology

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💡 Did You Know?

Economists estimate that the environment provides 10 times more measurable services than the entire U.S. economy.

#facts #ecology

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"Violent or antisocial games, such as Halo 4 and Call of Duty: Black Ops, as well as Brothers in Arms and the several Grand Theft Auto games, have created a fear that they contribute to antisocial behavior in some players. Defenders of these games point to developing quick wits, quick reactions, and judgment under pressure as being advantageous. Very few defenders or attackers comment on the artistic qualities of the virtual landscapes, realistic characters, or colorful interiors."

P.S. That's why we need interdisciplinary thought — to make everything worthwhile to notice (sometimes even the worst of matters).

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I am reading What I Wish I Knew When I was 20 by Tina Seelig in the live stream.

Click to join 👇🏻
https://t.me/thebiglab?livestream

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#quotes

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Once you dig deeper into economics, at some point you will realize that everyone should be an economist — from a business owner to a farmer.

#econ #thoughts

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“I often get asked how I read so many books every year. This is how.”

— Bill Gates

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