#342 The Lessons of History (Will & Ariel Durant)

Founders

What I learned from reading The Lessons of History by Will and Ariel Durant.

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(1:00) This is a 100 page biography of the human species

(1:00) The Story of Civilization by Will and Ariel Durant (Full Set)

(2:30) Generations of men establish a growing mastery over the earth, but they are destined to become fossils in its soil.

(4:00) Ruthlessly prioritize how you spend your time.

(4:00) The influence of geographic factors diminishes as technology grows.

(4:30) ALL OF THE NAPOLEON EPISODES:

Napoleon: A Concise Biography by David Bell. (Founders #294)

The Mind of Napoleon: A Selection of His Written and Spoken Wordsedited by J. Christopher Herold. (Founders #302)

Napoleon and Modern War by Napoleon and Col. Lanza. (Founders #337)

(8:00) Our job is to make our companies and ourselves better equipped to meet the test of survival.

(11:30) Economic development specializes functions, differentiates abilities, and makes men unequally valuable to their group.

(12:30) The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Naval Ravikant and Eric Jorgenson. (Founders #191)

(14:30) In the end, superior ability has its way.

(16:30) Nothing is clearer in history than the adoption by successful rebels of the methods they were accustomed to condemn in the forces they deposed.

(19:00) The imitative majority follows the innovating minority and this follows the originative individual, in adapting new responses to the demands of environment or survival.

(20:00) If you can identify an enduring human need you can build a business around that.

(21:00) In every age men have been dishonest and governments have been corrupt.

(25:00) Survival at all costs: Nature and history do not agree with our conceptions of good and bad; they define good as that which survives, and bad as that which goes under.

(25:00) Victory in our industry is spelled survival. — Steve Jobs

(25:00) All that matters is to survive. The rest is just words. — Charles de Gaulle by Julian Jackson. (Founders #224)

(26:00) By being so cautious in respect to leverage and having loads of liquidity, we will be equipped both financially and emotionally to play offense while others scramble for survival. — The Essays of Warren Buffett by Warren Buffett and Lawrence Cunningham (Founders #227)

(27:00) History reports that the men who can manage men manage the men who can manage only things, and the men who can manage money manage all.

(31:00) The Iron Law of Oligarchy

(32:00) Every advance in the complexity of the economy puts an added premium upon superior ability.

(33:00) The General and the Genius: Groves and Oppenheimer—The Unlikely Partnership that Built the Atom Bomb by James Kunetka. (Founders #215)

(34:00) Freedom's Forge: How American Business Produced Victory in World War II by Arthur Herman

(37:00) All technological advances will have to be written off as merely new means of achieving old ends

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“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth

Be like Gareth. Buy a book: All the books featured on Founders Podcast