Why Information Matters
The very beginnings of both technologies, however, could be found at an institution that had been Einstein’s academic home since 1933: the Institute for Advanced Study in Princeton, N.J. The institute was the brainchild of its first director, Abraham Flexner. Intended to be a “paradise for scholars” with no students or administrative duties, it allowed its academic stars to fully concentrate on deep thoughts, as far removed as possible from everyday matters and practical applications. It was the embodiment of Flexner’s vision of the “unobstructed pursuit of useless knowledge,” which would only show its use over many decades, if at all.
James Baldwin’s FBI file contains 1,884 pages of documents, collected from 1960 until the early 1970s. During that era of illegal surveillance of American writers, the FBI accumulated 276 pages on Richard Wright, 110 pages on Truman Capote, and just nine pages on Henry Miller.
If you could give a piece of advice to a young person starting out, what would you say?
I would provide five bits of advice:
Do not be afraid to want a lot.
Things take a long time; practice patience.
Avoid compulsively making things worse.
Finish what you start.
Often people start out by thinking about all the things that they can’t do. Once you take that path, it’s very hard to get off of it. Shoot high and shoot often.
The skin of some of the men developed a coarse, rough appearance, as a result of the hardening of their hair follices. Other effects included dizziness, muscle soreness, reduced coordination, and ringing in their ears. But the creepiest change, which occurred in all of the men, was a whitening of their eyeballs as the blood vessels in their eyes shrank. Their eyes eventually appeared brilliantly, unnaturally white, as if made out of porcelain.

Sometimes we are so confused and sad that all we can do is glue one thing to another. Use white glue and paper from the trash, glue paper onto paper, glue scraps and bits of fabric, have a tragic movie playing in the background, have a comforting drink nearby, let the thing you are doing be nothing, you are making nothing at all, you are just keeping your hands in motion, putting one thing down and then the next thing down and sometimes crying in between.
Another thought comes quickly, particularly when I think about all these people here searching for their happiness. It is the quote from Hugh Laurie: “It’s a terrible thing, I think, in life to wait until you’re ready. I have this feeling now that actually no one is ever ready to do anything. There is almost no such thing as ready. There is only now. And you may as well do it now. Generally speaking, now is as good a time as any.”

P.T. Barnum, The Art Of Money Getting (1880)
“Golden rules for making money.” The table of contents alone is awesome:
- The art of money getting
- Don’t mistake your vocation
- Select the right location
- Avoid debt
- Persevere
- Whatever you do, do it with all your might
- Depend upon your own personal exertions
- Use the best tools
- Don’t get above your business
- Learn something useful
- Let hope predominate, but be not too visionary
- Do not scatter your powers
- Be systematic
- Read the newspapers
- Beware of “outside operations”
- Don’t indorse without security
- Advertise your business
- Be polite and kind to your customers
- Be charitable
- Don’t blab
- Preserve your integrity
Like most prescriptive books (including my own) you could probably write a whole book simply stating the opposite, but there’s so much in this book I love, especially the very simple message of “living below your means” stated in the beginning, which is not stressed enough these days:
True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer… live on plainer food if need be; so that, under all circumstances, unless some unforeseen accident occurs, there will be a margin in favor of income.
Great read.
Files under: my reading year 2012

