Remarkable Reading: #4 When to Rob a Bank - The Freakopedia by Steven D.Levitt and Stephen J.Dubner and Dream-Biz.com by Burke Hedges

The aim of this section Remarkable Reading is pay a tribute to the books that taught, share trends & insights into where our world in the 21st century is heading in a technology enabled world, and ask the right questions.

Bolded and italics quotes and references do not belong to myself  and belong directly to the author.  The focus is to share valuable insights and teachings from the book to win business for the authors.




Two other topics & themes I found stimulating were further insights into history, and key take-outs on finance & happiness.

Steven D. Levitt and Stephen J.Dubner's WHEN TO ROB A BANK states:

Epilogue, Page 221 - "Universality, and the advancement of common good were two of the internet's founding principles"

Epilogue, Page 221 - "Facebook is perhaps the closest to the Internets original vision"

Do you believe the Internet is close to it's original vision in 2017 - 23 years after it's launch?  Is there anything you would introduce in the way of features with social networking?




Burke Hedge's states on Page 52  - "I've been saying all along that money isn't what people are really after - it's the benefits of money they really want".

I think in the 21st century to acquire financial happiness we will need to ensure we set realistic goals about what is really important to us.  More depth and specific details into exact areas of material happiness and experience based happiness we want to acquire, and what precisely makes us happier in terms of hobbies, values & achievements as well as having a better understanding of our personal, individual stremgths & weaknesses.  And above all, being comfortable with who we are.

How we spend should directly correlate to what makes us happy.


Burke also states on page 28 - "...And believe me, the wealth created via the Internet age will far surpass the wealth of the three previous ages combined".

From a business perspective, something pertinent to note is that it will perhaps be the ability to collect wealth from consumers within a  specific, focused, customized, specialized and empowered manner & environment that will ensure we retain happiness & harmony between business, society, governments, & individuals.  

Expectations from Internet businesses may perhaps be uniquely different, and contain entirely different organization management styles (something we'll touch on in consecutive posts).

You can purchase a copy of WHEN TO ROB A BANK here, follow Freakonomics on Twitter here, read more about WHEN TO ROB A BANK on the Frakonomics Blog here and listen to Stephen J.Dubner's podcast here

Burke can be reached through his website burkehedges.com



We will be touching on Robotics and AI, food innovation (Finnovation), convergence of established media and social media, internet necessities and what the future of the 21st century workplace & economy will be like.  My core aim is to study in-depth these areas with a business friend and to write a book.

Thank you.

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