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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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Book Preview: #1 Paul English was the CEO of Kayak Software Corporation, and he had just announced that the company had merged with Priceline. The audience was ecstatic.
#2 After the meeting, Paul sat at his computer writing thank you emails to the team's congratulatory emails. He seemed unhappy about the news, but not in a mood to celebrate.
#3 Paul had created the engineering office...
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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 Many world leaders have studied economics, but most seem to be happy without a degree.
#2 While economics can help you, actually running an economy requires much more than just that. John Maynard Keynes once argued that the master economist must possess a rare combination of gifts.
#3 Until recently, governments have been trying to collect economic data...
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#1 Wealth is created when a human being consciously and intelligently transforms his environment from a condition in which it is less to a condition in which it is more serviceable to his needs. Without wealth, man cannot exist.
#2 There are three factors in the production of all human wealth: land, capital, and labor. When we talk about the Means of Production,...
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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 The traditional investment management approach is based on a single core belief: investors can beat the market, and superior managers will beat the market. That optimistic expectation was reasonable 50 years ago, but not today. Times have changed the markets so much in so many major ways that the premise has proven unrealistic.
#2 The difference between a winner's...
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#1 Money is a man-made deity that affects not only the fate of individuals, but also the future of sovereign states. Money is a primitive drive and collective subconscious, and it has carried over into modern society.
#2 The case of Yap Island demonstrates the essence of money is credit. The islanders used large stone discs called fei as a form of currency. If...
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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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#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 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 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 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 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 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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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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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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#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 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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