It’s my birthday today and I am glad it is on a Friday. I have planned first half of my day as ‘me time’ which obviously includes watching everything is everything. Also for my birthday gift I am getting my first ever tattoo - ‘I play to play’. I am the silent majority but today I choose to be vocal and appreciate you both gem of humans for making my life richer week on week. Putting this comment out there to increase my surface area of serendipity and manifesting to meet and engage with you both in some capacity in the coming year!❤️ Thank you again for everything you two do💖
This is one of my favourite comments for anything I have done, so thank you for this. There are times I can't find meaning in the world -- and it means a lot when someone can find such meaning in my work. Play to play indeed. Thank you! (Happy to buy you coffee if you're ever in the same city.)
41:01 As the 42nd minute began, she walked in from behind the scenes. As the camera remained focused on Amit and unbeknownst to Shah, the beautiful black cat decided to give us a glimpse of her grace. She makes herself seen. She then goes on to explore the lush bushes and then makes herself unseen. All while Amit explains “The seen and the unseen” to Shah. You better introduce us to her majesty in the next episode.
Glad Ajay Shah mentioned that ultimately milton was wrong on money supply as the control variable , it was later accepted from ideas originating in the post keynesian tradition that money is actually endogenous and is created within the banking system rather than generated from the central bank. That doesn't take away from milton's contributions, but its also true that there were others like Tobin and all who deserve a lot of credit
Sheer brilliance ! Thank you Amit & Ajax for that scintillating chat. I love the format and the way you’ll have structured it. Keep it up. Look forward to seeing some more of these VDO’s.
Great topic and very finely put. Keep bringing these content. Your content frequently becomes one of our discussion topic during our weekend hikes or drives.
Hi Amit and Ajay, I have been been following your work for some time. I have read Ajay book and I am a regular watcher of Seen and Unseen + Everything is Everything. Ideas of small state and free market have changed my opinions from being centre left to the "idea of freedom". However, in recent day, doubts have crept in due to the lived experiences of people in UK. UK has had 14 years of conservative governments which had PM who have been centre-right to Libertarian. In these last 14 years, size of government has been cut down, welfare spending has been reduced, corporate taxes have been slashed and overall UK have moved towards where we would want government to be. The concerning part is that instead of benefiting UK, these policies have made life harder for normal folks and reduced the quality of life of people. I know there are other factors to blame like Brexit, Covid and Gas Prices (Russia War). But shouldn't these conservative policies helped? Would UK have been worse off if UK had a centre-left government in last 14 years? I hear similar concerns about destruction of worker rights, welfare spending and quality of life since Reagan came to power. It seems like some things do get worse when we purse the idea of free market. How do we understand the difference in theory and practice. Same is observed for left-wing ideas where theory looks appealing and practical experience is bad. Can you please talk about UK in particular and "perceived failure" of free markets which we observe in practice? It is difficult to convince myself on these ideas when I see contradictions in real world. Sorry for the long message. Love your work.
Excellent! I read "The Seen and the Unseen by Frédéric Bastiat. Yes, the other three papers I will read. Price contains the complete information and that should decide the market. But the ecosystem for a perfect market where the price information is available instantly is a pre-condition for its success. In an imperfect world information asymmetry has to be expected and monitored. So, the State with its own perverse incentives is unavoidable!
Fantastic episode! A small request. Would love to hear Dr. Shah and Mr. Varma's views on the consulting industry and its inpact on the economy. I feel there is a lot to discuss given the ubiquitous nature of its growth. Cheers!
Lovely episode I hoped there was a bit more science in it :) To me, these three papers fundamentally changed the world. And everything we use today is impacted by these bodies of work: 1. Annus mirabilis papers by Einstein 2. Principia Mathematica by Newton 3. On physical lines of force, by Maxwell
How can there not be Einstein's seminal 1905 paper when the title is about the papers that changed the world! But anyway, the other papers were equally worthy of the title! Commenting here after some time! Feels nice to be at the best place on my youtube - my place ie Everything is Everything!
A Natural sciences equivalent of this would be a great episode as well, but probably focused on ones who have not received the Noble prize or on such papers from India.
Good. I would also claim that Shanon's ``A mathematical theory of communication" is also an equally important paper. en.wikipedia.org/wiki/A_Mathematical_Theory_of_Communication 😀
Guessing that Hayek's - The use of Knowledge made the cut. Let's see. PS: For the love of God(who does not play dice) how did Einstein fail to make the cut? PPS: We will assume the 5th paper which you discuss was that Einstein's seminal paper. Sorted! PPPS: How do i unsee what i saw at the 45:50 mark?
Yikes!@@amitvarma Awesome Episode btw(as usual). But i expected Ajay Shah sir to put one of einstein's paper on his list. I remember you and him debating why machines cant ever come up with the theory of relativity in that episode on AI/AGI. But i will give you two the benefit of doubt. That 5th paper you two didnt disucss had to be one of Einstein's Seminal papers. Sorted :)
It’s my birthday today and I am glad it is on a Friday.
I have planned first half of my day as ‘me time’ which obviously includes watching everything is everything.
Also for my birthday gift I am getting my first ever tattoo - ‘I play to play’.
I am the silent majority but today I choose to be vocal and appreciate you both gem of humans for making my life richer week on week.
Putting this comment out there to increase my surface area of serendipity and manifesting to meet and engage with you both in some capacity in the coming year!❤️
Thank you again for everything you two do💖
Many many happy returns of the day! Have a blast🎉🎉
This is one of my favourite comments for anything I have done, so thank you for this. There are times I can't find meaning in the world -- and it means a lot when someone can find such meaning in my work. Play to play indeed. Thank you!
(Happy to buy you coffee if you're ever in the same city.)
@@amitvarma hahaha yes I am from Mumbai only, I stay in Kandivali :)
And I have been Nikhil sir’s EA for two years. Would love to catchup!
Super, get my email from Nikhil and mail me! 🙂
Also, Happy Birthday!
41:01 As the 42nd minute began, she walked in from behind the scenes. As the camera remained focused on Amit and unbeknownst to Shah, the beautiful black cat decided to give us a glimpse of her grace. She makes herself seen. She then goes on to explore the lush bushes and then makes herself unseen. All while Amit explains “The seen and the unseen” to Shah.
You better introduce us to her majesty in the next episode.
Glad Ajay Shah mentioned that ultimately milton was wrong on money supply as the control variable , it was later accepted from ideas originating in the post keynesian tradition that money is actually endogenous and is created within the banking system rather than generated from the central bank. That doesn't take away from milton's contributions, but its also true that there were others like Tobin and all who deserve a lot of credit
Sheer brilliance ! Thank you Amit & Ajax for that scintillating chat. I love the format and the way you’ll have structured it. Keep it up. Look forward to seeing some more of these VDO’s.
What a brilliant episode. Loved it.
More power to you two and 1000 more episodes.
Great topic and very finely put. Keep bringing these content. Your content frequently becomes one of our discussion topic during our weekend hikes or drives.
Make an episode on personal finance
Phenomenal episode! Cheers to you both and the team for such exquisite work and excellent references! Made my Friday!🙏🏼🙏🏼
Superb
No words are enough to thank you guys
Thanks for such a beautiful content !!😍 45 Min of this absolute masterclass.
Awesome! really insightful on seminal works 👍Looking forward to more such...
Hi Amit and Ajay, I have been been following your work for some time. I have read Ajay book and I am a regular watcher of Seen and Unseen + Everything is Everything. Ideas of small state and free market have changed my opinions from being centre left to the "idea of freedom". However, in recent day, doubts have crept in due to the lived experiences of people in UK. UK has had 14 years of conservative governments which had PM who have been centre-right to Libertarian. In these last 14 years, size of government has been cut down, welfare spending has been reduced, corporate taxes have been slashed and overall UK have moved towards where we would want government to be. The concerning part is that instead of benefiting UK, these policies have made life harder for normal folks and reduced the quality of life of people. I know there are other factors to blame like Brexit, Covid and Gas Prices (Russia War). But shouldn't these conservative policies helped? Would UK have been worse off if UK had a centre-left government in last 14 years?
I hear similar concerns about destruction of worker rights, welfare spending and quality of life since Reagan came to power. It seems like some things do get worse when we purse the idea of free market. How do we understand the difference in theory and practice. Same is observed for left-wing ideas where theory looks appealing and practical experience is bad.
Can you please talk about UK in particular and "perceived failure" of free markets which we observe in practice? It is difficult to convince myself on these ideas when I see contradictions in real world.
Sorry for the long message. Love your work.
Excellent! I read "The Seen and the Unseen by Frédéric Bastiat. Yes, the other three papers I will read.
Price contains the complete information and that should decide the market. But the ecosystem for a perfect market where the price information is available instantly is a pre-condition for its success. In an imperfect world information asymmetry has to be expected and monitored. So, the State with its own perverse incentives is unavoidable!
Fantastic episode! A small request. Would love to hear Dr. Shah and Mr. Varma's views on the consulting industry and its inpact on the economy. I feel there is a lot to discuss given the ubiquitous nature of its growth. Cheers!
Would be interested in same vein to hear about outsourced governance... to consulting through PMUs
The light is going
Brilliant episode!
Could you do an episode on Henry Ford, Edison and Tesla?
There are some fascinating stories, ideas which can make 1-2 interesting episodes
As always, great episode. Love it! @Amit when you pointed down during essay #4 I didn't think grass but the infamous Amit Shah meme 😂😂
Lovely episode
I hoped there was a bit more science in it :)
To me, these three papers fundamentally changed the world. And everything we use today is impacted by these bodies of work:
1. Annus mirabilis papers by Einstein
2. Principia Mathematica by Newton
3. On physical lines of force, by Maxwell
Guys, where are you shooting this.. very interesting to see such intelligent topics are being dissected and operated and discharged to laymen
How can there not be Einstein's seminal 1905 paper when the title is about the papers that changed the world! But anyway, the other papers were equally worthy of the title! Commenting here after some time! Feels nice to be at the best place on my youtube - my place ie Everything is Everything!
Best 46 mins (and maybe 46 days in rabbit hole) you will spend !
Love the new thumbnail style!
A Natural sciences equivalent of this would be a great episode as well, but probably focused on ones who have not received the Noble prize or on such papers from India.
🔥🔥
1st. Now I need the gold medal
🥇
@@sh0001
I thought the episode was about Einstein 😂
+1
Economics this time. Otherwise of course Einstein!
I too 😢
Bitcoin is not coming out of thin air, fiat money does.
No thumbnail art today?
Trying to see if putting our faces works better, as traditional wisdom tells us.
Another crazy idea, if possible and not super difficult, would be to somehow put your faces in the thumbnail art. Kinda mix of both.
Clutter would be an issue...
Living in the past. Update the reading list maybe.
Good. I would also claim that Shanon's ``A mathematical theory of communication" is also an equally important paper. en.wikipedia.org/wiki/A_Mathematical_Theory_of_Communication
😀
Guessing that Hayek's - The use of Knowledge made the cut. Let's see.
PS: For the love of God(who does not play dice) how did Einstein fail to make the cut?
PPS: We will assume the 5th paper which you discuss was that Einstein's seminal paper. Sorted!
PPPS: How do i unsee what i saw at the 45:50 mark?
We kept this ep to economics. Sorry, should have been clear.
Yikes!@@amitvarma
Awesome Episode btw(as usual).
But i expected Ajay Shah sir to put one of einstein's paper on his list. I remember you and him debating why machines cant ever come up with the theory of relativity in that episode on AI/AGI.
But i will give you two the benefit of doubt. That 5th paper you two didnt disucss had to be one of Einstein's Seminal papers. Sorted :)