BC SOCIETY
Saved by @SteveeRogerr

Smith Fans! It’s the conclusion of chapter 11 of #WealthOfNations!! We made it! (1.xi.p.2) https://t.co/Tb0JBqJs9E
#WealthOfTweets #SmithTweets

 Improvements make things cheaper, but they also raise the rent of land, which makes landlords richer, and lets them purchase more labor. Neglect and decay, though, make everyone poorer. (1.xi.p.2–6) #WealthOfTweets #SmithTweets
Smith says landowners won't mislead the public about what’s in the public interest, because their interest aligns with the public interest. Also they're lazy and kind of dumb, because they don't have to do anything to make their money. (I.xi.p.8) #WealthOfTweets #SmithTweets
The kerfuffle over the Enclosure Acts might have given him second thoughts. (1.xi.p.8) #WealthOfTweets #SmithTweets
Laborers suffer the most when a society is in decline. But they are incapable (‽‽‽‽‽) of understanding how they are tied to society at large. (1.xi.p.9) #WealthOfTweets #SmithTweets
Employers are the odd ones out here. Their wealth is not tied to the flourishing of their society. Profits are highest in a declining society, and lowest in a flourishing one. (1.xi.p.10) #WealthOfTweets #SmithTweets
These merchant types (unlike landlords) are very savvy, but only about their specific area, not about the good of society as a whole. (1.xi.p.10) #WealthOfTweets #SmithTweets
Merchants want a big market with no competition. As our pal @sghorwitz says, “No one hates capitalism more than a capitalist.” So you should be super suspicious of any new laws they want to pass(1.xi.p.10) #WealthOfTweets #SmithTweets
We’re not so sure landowners are that pure of heart, laborers are that simple-minded, or merchants are that nasty. But we’ve got four more books to go, so we’ll see! #WealthOfTweets #SmithTweets
And just in case you didn’t get enough of the Digression on Silver (you remember the Digression on Silver, don’t you?) here are 8 solid pages of charts on the price of wheat over time. We...are gonna let you guys annotate that on your own. (1.xi.p) #WealthOfTweets #SmithTweets
What? Oh, all right. Fine. 🌽🌽🌽🌽🌽🌽🌽🌽 💰💰💰💰💰💰💰💰. Happy? We’ll see you tomorrow. SmithTweeters out! #WealthOfTweets #SmithTweets
BUT WAIT! A SmithTweeters work is never done! That wasn't just the conclusion of chapter 11. It was the end of Book One!

What'd we learn?
1) The division of labor. It matters!
2) Wealth comes from land, the use of resources, and labor.
3) Not everything is about precious metals.

(Except the 65 pg Digression on Silver. That's about precious metals. And poop.) #WealthOfTweets #SmithTweets
If you've missed any of our finely crafted #WealthOfTweets coverage of Book One of #AdamSmith's #WealthOfNations, you'll be able to find every thread archived SOON at https://t.co/RtaLO1Sy9k!
Looking for a slightly less hashtagged reading guide to #WealthOfNations, or something to pair with our tweets and Smith's original work? Try the reading guide over at https://t.co/neyFRKs2SJ! https://t.co/ttcG9lujUo
See you tomorrow for Book Two!! It's full of stock, money, and banking! (@lawrencehwhite1 and @GeorgeSelgin have been waiting breathlessly for this!)

More from @AdamSmithWorks

@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
Here we go! Tweeting our way through #WealthOfNations! It’s a marathon, not a sprint, so be sure to stretch, stay hydrated, and keep a steady pace. #WealthOfTweets #SmithTweets

That’s one heck of a first sentence, Dr. Smith. No dithering here. The division of labor is the secret sauce that increases productivity. (I.i.1) #WealthOfTweets #SmithTweets

We always forget the pin factory comes this early and that Smith looks at it not because pins are important (though they are!) but because it’s a small industry that you can look at all at once.(I.i.3) #WealthOfTweets #SmithTweets

How many pins can the SmithTweeters make in a day? How bad do you want them to be? (I.i.3) #WealthOfTweets #SmithTweets

Do you think the pin guys were all “Dude, we let you observe our work, told you how many pins in a pound, showed you every step in the process...and you call us a ‘trifling manufacture’? Not cool, Smith!” (I.i.4) #WealthOfTweets #SmithTweets
SOCIETY
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
Today we come to the topic @EconTalker has called one of the more underemphasized lessons from #AdamSmith: That the Division of Labor is limited by the Extent of the Market. a.k.a Book 1 Chapter 3. #WealthOfTweets #SmithTweets

We love ya, Smith, but we see why people don't dwell on this chapter. Unless they are really into the navigable waterways of the late 18th century. (I.iii.3–8) #WealthOfTweets #SmithTweets #RiverEnthusiastsRejoice


The first two paragraphs of this chapter are the meatiest. Then things get a little...#WealthOfTweets #SmithTweets


The more people there are to trade with, the more labor can be divided. Wealth of the people included in the market increases disproportionately as the division of labor progresses. Because division of labor is special sauce. (I.iii.1-2)#WealthOfTweets #SmithTweets

This seems like common sense. No one to trade with? You won't produce stuff for trade. Instead you'll produce the things you need, and because you need many things you won't specialize. No specialization, no division of labor. (I.iii.1–2) #WealthOfTweets #SmithTweets
CULTURE
Advertisement
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
It's been a whole day since we tweeted Part 2 of this chapter, so let us remind you: #AdamSmith just said that the colonies got nothing that helped them succeed from the mother country. (IV.vii.c) #WealthOfTweets #SmithTweets

So these two opening sentences are pretty heckin’ sarcastic:
Now we've seen the great advantages the colonies got (they got nothing!) (IV.vii.c.1)
So what have been the great advantages to Europe! (IV.vii.c.2)

Seems like there’s a...tone there. #WealthOfTweets #SmithTweets


Europeans buy goods from America, and Americans buy European goods as well. Even countries that don’t trade directly with America have benefited. (IV.vii.c.3–8) #WealthOfTweets #SmithTweets

The mother countries restrict colonial trade (esp the exclusive right to buy from or sell to their colonies). That's a dead weight on the increase of the wealth of nations. Everything is more expensive, everyone enjoys less of it. (IV.vii.c.9) #WealthOfTweets #SmithTweets

Maybe European countries get added security? In ancient times, empires expected military support and revenue from their colonies, and they got it.
18thC colonies? Not so much. (IV.vii.c.11–13) #WealthOfTweets #SmithTweets
SOCIETY
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
Everybody ready for more #WealthOfNations? Let's go!


The third sort of rude produce is the kind where human attempts to cultivate and improve it produce unpredictable results. Examples include wool and animal hides. (I.xi.m.1) #WealthOfTweets #SmithTweets

It seems like the price of these should rise right along with the price of meat, but Smith says “Not so fast!” (I.xi.m.3)
#WealthOfTweets #SmithTweets


Because this sort of produce travels much better than meat, the market is much much larger. And we all know that more competition drives prices down. (I.xi.m.4–5) #WealthOfTweets #SmithTweets

And it all gets more complicated when government gets involved, like it did in the English wool industry. (Isn’t that always the way? You should see the forms we have to fill out to get each tweet govt. approved!) (I.xi.m.8) #WealthOfTweets #SmithTweets
SOCIETY
@AdamSmithWorks
@AdamSmithWorks
@adamsmithworks
The great thing about #AdamSmith is that when he's about to go off on a 65 page tangent, he warns you. Humans, we bring you the DIGRESSIONS ON SILVER! #OhLawdHeComin #WealthOfTweets

Oh King Edward III, it’s adorable that you think you can just decree that servants and laborers become permanently content with wages fixed at the rate they were at five years ago. https://t.co/NtOmttquJ3 (I.xi.e.2) #WealthOfTweets #SmithTweets


He’s already digressing, and he can’t take a minute to share the menu from that famously magnificent feast with us? (I.xi.e.4–5) #WealthOfTweets #SmithTweets

Super Important 18thC Vocab Geekery: When Smith says the price of the quarter of wheat wasn't “supposed to be < 4 oz silver” he doesn’t mean “shouldn't be.” He means “wasn't thought to be.” He’s not approving of fixed prices. (I.xi.e.7) #WealthOfTweets #SmithTweets

So. Many. Wheat. Prices. (But really, Smith is talking about how much wheat it takes to buy a quantity of silver, NOT how much silver it takes to buy a quantity of wheat.) (I.xi.e.1–14) #WealthOfTweets #SmithTweets
SOCIETY

More from Society

Jonny Best
Jonny Best
@JonnyWorst
Academic staff at universities can't be open about the complaints against them - and most complaints of transphobia from students seem to be directed at staff. I'm just a final year PhD student, under no contractual requirement to be confidential, so I can share.

The original complaint against me was typical of the sort of thing directed at many female professional academics (and some male too). The strategies employed by my complainants are commonly used.

One of these is to perform vulnerability while behaving aggressively. Performing vulnerability is essential in order to trigger the university's awareness of its duties under the Equality Act, and establish an oppressor/victim dynamic to the case from the outset.

My complainants did this effectively. The complaint was initiated by a fellow PhD student, who joined forces with the SU. A student from the SU wrote the actual complaint. This is how it begins:


In all my dealings with @HuddersfieldUni I accepted that sometimes anonymous complaints were necessary - and that, sometimes, victimisation could be a concern. However, I have never victimised anyone. Nobody has ever argued that I have.
SOCIETY
The Sharing Scientist
The Sharing Scientist
@ScienceShared
Unless we pass laws which support people to enable them to self-isolate properly, any improvements to test & trace will have marginal impact and cases will simply spiral out of control once again as we ease lockdown in December.

A short thread on what we can do and why 👇
1/


Improving the currently poor rates of self-isolation is actually the key point, which many scientists, politicians, & commentators do still seem to be missing.

This requires good public health communication, proper support for those who need to self-isolate, & trust.
2/

Massive testing and tracing will only significantly reduce
transmission if positive cases isolate effectively. Yet
currently fewer than 20% of those who should isolate are fully adherent.

I don't think I need to explain why it's so critical to improve these rates.

3/

Survey data shows intention to adhere to test/trace/isolate behaviours is higher than self-reported adherence: whilst 76% of people intend to share contacts, only 50% of people correctly recognise symptoms &
just 12% get a test, 18% isolate, & 11% of contacts isolate properly.
4

Self-reported ability to self-isolate
is three times lower in those who earn less than £20,000 per year or have less than £100 saved.

5/
SOCIETY
Advertisement
AFP news agency
AFP news agency
@AFP
Hong Kong protester equipment list:
- respirator (dubbed "pig snouts" in Cantonese)
- helmet
- eye mask
- heat-proof gloves
- water bottle
- cling wrap
- saline
- traffic cones
- pots and pans

Demonstrators find creative methods to battle police tear gas
https://t.co/kPeUTu9iFh


AFP graphic charting Hong Kong's main socio-economic indicators and opinion polls on press freedom and government performance

@AFPgraphics


AFP graphic showing the main equipment used by hardcore pro-democracy protesters in Hong Kong to battle police tear gas, pepper spray and rubber bullets

@AFPgraphics


Frontline first aid.

Nurses, doctors, medical students and ordinary citizens with first aid training have clamoured to join a small volunteer corps helping treat people involved in the Hong Kong protests

@AFP's Yan Zhao reports: https://t.co/uDfYkMeZJf

📸 Anthony Wallace


Pro-democracy activists kick off three days of rallies at Hong Kong airport.

Protesters hope to win international support from arriving passengers. The last demonstration at the airport on July 26 passed off peacefully without causing flight disruptions
https://t.co/jmVqtEd4M2
SOCIETY
Somya Lakhani
Somya Lakhani
@somyalakhani
Thread:
A year ago, at this hour exactly I was in Maujpur in northeast Delhi. For days, weeks & months, I -- like several other reporters -- filed multiple stories on the #DelhiRiots. On the violence, the perpetrators, the victims, the burnt homes & shops, the fear.

I remember every minute of Feb 23, 2020 -- from the speeches to smoke billowing from afar. What I can't ever forget is the face of a man who sat alone in front of a shop, his kurta dusty and torn, blood on his forehead, unable to answer who he was & where he wanted to go.

I've his photo, I never posted it anywhere, and I won't either. He was in such shock, and there was no help around. I tried talking to him but he didn't say a word. He was numb.

It'll take me years before I can fully write down what happened that afternoon -- a stampede, stones flying all around me, a colleague who held nu hand & ran, another who lost her slipper for a minute, tear gas, my inhaler, salt.

I sent my mother messages, my hands trembling. At 1 am, I was home -- my head buried inside a pillow between my parents.
SOCIETY
BIG DADDY
BIG DADDY
@bigdaddyvinz
If you often procrastinate, open this

Stop being a perfectionist.

The root of procrastination for most people ain't laziness, it's anxiety.

I know your anxiety will tell you the worst case scenario. It’s a damn liar.

If you're a procrastinator, you will find every excuse not to do what u need to do. But here's an advice: DO IT FIRST, I call it reverse procrastination.
SOCIETY

You May Also Like

Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Eri Katha Ramar Temple
Maduranthakam

Eri Katha Ramar temple is located at Maduranthakam near Chengalpattu of Tamil Nadu. Beautiful Kodanda Ramar of about 8ft holding Ma Sita's hand & with Lakshmana. This temple story is connected with Sri Ramanujar.
@LostTemple7


It was here Periya Nambigal performed Pancha Samskaaram to Ramanujar under Magizham tree.
Sri Ramanujar was on his way from Kanchipuram to meet Sri Periya Nambigal at Sri Rangam to become his disciple. Sri Periya Nambigal also started towards Kanchipuram to meet Ramanujar.


They both met here at Madurantakam.
Small Mandapam where Ramanujar undertook Pancha Samskaaram is seen in the temple. Separate sannidhi is for Periya Nambigal & Ramanujar & this is the only temple where Ramanujar is seen as a Grahastha (married person) and not in Sanyasa kolam.


Story says about an incident which occurred during British rule. The Madurantakam lake bund was about to breach, due to heavy rain & village will be flooded if it happened. Dt collector was Cl. Lionel Blaze who took efforts to protect the bund & asked for the piles of stones


in the temple to protect it. But it was meant for Janakavalli ( sita) Thayar sannidhi which faced shortage of fund. Lionel Blaze prayed Sri Ramar to save the bund and if so he will provide fund to construct.
That night he saw in the lightning, Sri Rama & Lakshmana walked along
ALL
Sevak Sathaya
Sevak Sathaya
@Sevakofmata
Sharing one incident... After Modi's Trichy youth conference, the very next morning when police were clearing up their mini-control room, they found 5 strange boys who were roaming there with bags. When police enquired them "Sir, we are from Subramaniapuram in Trichy.

Whatever political meeting or conference is held in this ground, we come here on the same night or morning hours to collect the Liquor bottles to sell in the scrap shop for 50 paisa to 1 rupee per bottle and we used to earn Rs 200 to Rs 400 on each such event.

Even in the last DMK meeting the very next day we collected around 1500 bottles. But for Modi's BJP meeting, we could not find even a single bottle in the whole ground. We are coming around and around and not a single bottle in any corner of the G Corner ground in Trichy,

we are much disappointed, sir!". Police seem were stunned and pleasantly surprised. This is what Modi magic does in this nation. Modi is the one who can lead our nation and make everyone prosper with hardwork in right direction and proper approach.

This funny but interesting anecdote was published by a statewide local daily Dinamalar. I have just translated and posting it here for rest of the nation;
INDIA
Advertisement
Caleb Porzio
Caleb Porzio
@calebporzio
🎉🎉 PHP 7.3 is here!

Here are the things I'm excited about.

🚂 Trailing commas in function/method calls!

This will certainly be a required styling choice for me. Same delightful benefits of trailing comma in multi-line PHP arrays, and JavaScript objects.


🧵 Less disgusting heredoc syntax!

Inlining heredoc strings in any way right now is grrrosssss. Now we get sensible capabilities. Everything that was wrong with it is now fixed!

(Ignore the bad syntax highlighting)


☠️ Finally, not-so-silent json_decode error detection!

This really sucked before, now it just sucks a bit less (who wants to pass a 4th param and pass 2 default params first? (helper function anybody?)


📜 Not horrible functions for getting the first and last item (or key) from an array!

Before you either strung a bunch of functions together or messed with internal array pointers. This is a much-needed improvement.
TECH
Carol Forden
Carol Forden
@CarolForden
1. The major problem most startups face is marketing and the ability to carve out a niche, find and retain paying customers.

Even with a stellar developer team and a stellar product, your startup may not grow or survive without a great marketing and sales teams.

2. Start growing your audience before you’ve a product or an idea.

You should start promoting yourself and building your audience before you have a finished product or even before you have a great idea that you want to build.

3. Don’t wait to start building your audience after you’ve launched a product.

Most first-time developers actually ignore marketing.

They’re oblivious to the challenge of attracting people to take a look at something they’ve created.

4. At least until they see their first project crash and burn within hours of the launch.

There are so many times that I have seen developers spend countless hours building something, releasing it with no fanfare...

5. and only then trying to figure out how to promote it by asking marketing questions on Indie Hackers, Quora or Hacker News. Don’t make that mistake.
STARTUPS
Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Thuravoor Narasimha Swamy Temple
Alappuzha, Kerala
#KeralaTemples 🚩

Thuravoor Narasimha Swamy or Thuravoor Mahakshetram is situated in Alappuzha with Narasimha Swamy and Sudharshana Moorthy as main Prathishta.
Temple has separate Sannidhi for Vadakkanappan ( Narasimha) and 👇


Tekkanappan ( Sudarshana).

Sthala puranam says that Vigraham of Narasimha was brought from Varanasi. Swami Padmapadar, shishya of Adi Sankaracharya, had worshipped the same Vigraham at Kashi.
A Namboodiri, on his way to Kashi saw a powerful light which disappeared here 👇


Namboodiri dug the place and he found a beautiful beautiful Vigraham made of Anjanasila. It is said that the vigraham occupied a site, which was the place of Durga Devi
Sudarshana Moorthy is about 6 Ft, Chaturbahu. Deepavali is famous festival here.
Om Narasimha Swamine Namah
🕉
ALL