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Get the Summary of Jane McGonigal's Imaginable in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: The COVID-19 pandemic, increasingly frequent climate disasters, a new war-events we might have called "unimaginable" or "unthinkable" in the past are now reality. Today it feels more challenging than ever to feel unafraid, hopeful, and equipped to face the future with optimism. How do we map out our lives...
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#1 Your identity is a powerful and influential driver that governs outcomes in all parts of your life. It defines the limits of your success, finances, and achievements. It controls the quality of your emotions, relationships, and self-worth.
#2 As a child, you were a blank canvas. You were impressionable, happy, and accepting. You had no reason to believe the external...
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#1 A bank is an institution that accepts deposits from savers, extends loans to borrowers, and provides a range of other financial services to its customers. Banks are a central part of the modern financial system.
#2 The global financial crisis of 2007—9 was a rude awakening for many commentators who had believed that modern, technologically sophisticated banks would...
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#1 The German mark, the British shilling, the French franc, and the Italian lira were all worth about the same in 1913. By the end of 1923, the mark had fallen almost ten times its size. The mark's fall began gradually in the war years, 1914-1918, and accelerated in the 1920s.
#2 In the winter of 1918-1919, the German, Austrian, and Hungarian economies underwent political...
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#1 When you are ready to coach yourself, you must first understand how to best coach the unique individual that is you. This comes from your experience as a professional who has coached a wide variety of people and personalities.
#2 The second thing we will help you do is figure out what we will be coaching you toward. This is a necessity, since coaching should not be...
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#1 Marginal utility is the additional utility gained from consuming an additional unit of a particular good. It is the reason people do not spend all of their money on a single good: consumption of most goods comes with decreasing marginal utility.
#2 The opportunity cost of a choice is the value of the best alternative that you must forgo in order to make that choice....
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Book Preview: #1 The Fintech space, like the tech space a few years ago, is evolving at a rapid pace. Fintech companies, however, are typically not as large as their tech counterparts, and are thus less able to escape regulation.
#2 The financial markets are a highly connected system, and it is not possible to understand financial services regulation without a high-level understanding...
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Book Preview: #1 The author's mother, born in 1950, was a girl. She grew up in Kenya, a predominantly white country. She was the youngest of eight siblings, and her parents had high hopes of having a boy to even out the family numbers. When she was born, she was a disappointment.
#2 We all have this feeling of fatalism from time to time. We think our life is going to end up like this,...
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#1 The term colony evokes images of exploitation and marginalization. However, America was extremely fortunate in that it was blessed with rich resources and a relatively liberal regime.
#2 The Constitution created America's unique democratic society, in which the majority could not trample on people's rights to own private property, engage in trade, and keep the fruits...
10) Summary of Daryl Collins, Jonathan Morduch, Stuart Rutherford & Orlanda Ruthven's Portfolios of t
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#1 The world's poor are defined as those who live on less than two dollars a day. It is difficult to imagine what it is like to live on such a low income, and it is even harder to imagine how you would prosper if your income was just two dollars a day.
#2 Existing data sources are limited in their ability to answer these questions. However, after conducting several...
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Book Preview: #1 I was tasked with creating a workshop for 33 national leaders to find solutions to their country's most critical problem: the devastating nexus of insecurity, illegality, and inequality. However, I was terrified that the project would not live up to its expectations, and so I became suspicious, distrustful, and rigid.
#2 We all do it. We think and act as if the people...
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#1 The entrepreneurial state has a economic theory behind it. Outside the office of Google in Mountain View, California, the public road is said to be necessary for cars to drive into Google's parking lot.
#2 The most ardent recent partisan of statism and the entrepreneurial state is Mariana Mazzucato. She has been parachuting herself into the center of the debate...
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Book Preview: #1 I was a very young student at TAFE who shared a three-bedroom unit with two guys from school in an area known for drug deals and graffiti. I was there because I couldn't afford to live anywhere else. I decided to take control of the one resource I had available to me at the time: my mind.
#2 Your mindset is the most important aspect of your financial plan. It attracts...
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#1 The post-World War II Kilgore Committee of the United States Senate heard detailed evidence from government officials that American financial assistance had helped build the German cartel system, and the German Wehrmacht.
#2 The American business press was aware of the Nazi threat and the nature of German war preparations, and they warned their readers about them. They were also...
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#1 The steamship industry was one of the first large-scale businesses to be mechanized, and it was in the vanguard of technological change. It was also highly competitive, and soon became large in scale.
#2 The triumph of market entrepreneurs in steamboating led to improvements in technology. As one man observed, The boat builders, freed from the domination of the Fulton-Livingston...
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#1 The term money laundering was coined in the 1920s, when gangsters would wash money to hide its origin. Today, the ideas and economics of money laundering are thousands of years old.
#2 Money laundering is the process of integrating the proceeds of crime into the mainstream financial system by hiding their origin. It is a sophisticated international game of intrigue...
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#1 The problem is that the United States has been on a path to a crisis of confidence in the dollar, as trade deficits have been accompanied by perpetual free trade and globalism. This must be solved to secure the future strength and stability of the United States.
#2 The CIA has many names for itself. It is often referred to as Langley, after its location in McLean,...
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#1 I took Maura and Ciara to the beach house that would be our refuge for the day. We were ten minutes from the house, but Maura was sick, so we stopped to get some water coconuts. Within an hour, our friends were poolside.
#2 I began to think about what I wanted to do next. I loved working for IP, but I was beginning to think about what I wanted to do next. I thought...
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#1 The US brought back more than 1,500 German scientists and engineers after World War II, many of whom were responsible for developing the V-2 rocket. One of these scientists was Magnus von Braun, who was responsible for developing the V-2 rocket. He claimed that his brother Wernher was the inventor of the V-2 bomb.
#2 To understand von Braun and his willingness to...
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#1 Money is a tool that allowed humans to progress away from reciprocal altruism, where animals exchange favors. Humans have used seashells, animal teeth, jewelry, livestock, and iron tools as tokens of barter for tens of thousands of years, but eventually settled on gold and silver as globally accepted forms of currency.
#2 The first coins were made by the Lydians...
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