Because of (mostly) journalists, politicians, and the broader cynic class, pessimism seems to be dominating the narrative. Hopefully today’s newsletter will lead us to think of optimism as a competitive advantage in life and in business. And if enough of us think so, it will lead us all to better outcomes.
Optimism is a duty. The future is open. It is not predetermined. No one can predict it, except by chance. We all contribute to determining it by what we do. We are all equally responsible for its success — Karl Popper
Warm welcome to our new sponsor pinktada, and best of luck to the team (take a look at their impressive background) in their mission to bring greater value to hotels and guests.
Pinktada is a membership-based, leisure-oriented hotel marketing and reservation platform that is built on blockchain technology. Pinktada leverages the utilitarian aspects of NFTs to deliver greater value to hotels in the form of non-refundable reservations while preserving flexibility for travelers, who can swap or sell their reservation tokens on the platform if their plans change. Pinktada offers a fully immersive customer experience, enabling travelers to explore amenities and rooms in 3D prior to booking and giving hotels the ability to showcase their unique attributes. Pinktada has been recently covered by the WSJ, Bloomberg and Yahoo Finance among others.
1. Definite optimism as human capital
Dan Wang asks himself about the drivers of economic growth. He is less interested about the technical categories that can be easily and precisely measured, and more about the role that optimism and pessimism play, and how our beliefs about the future affect economic growth. He suggests that economists overrate the easier-to-observe policy factors and underestimate the idea that positive visions of the future drive long-term growth. In addition to education levels, Dan thinks that human capital models should consider factors like optimism, imagination, and hope for the…
