I recently finished reading the Elon Musk biography written by Walter Isaacson. Each chapter is a short story that allows us to understand Musk’s personality and how he accomplished all of his achievements: the commercialization of electric vehicles, world-leading self-driving technology, reusable rockets, satellite communications, and more. These are daunting feats, yet he made them happen. Musk is not a perfect person, nor does he need to be. We can try to learn from his working methods…

Many economic studies discuss the relationship between income and happiness. This is not a formal economics blog, so I will not introduce them. Therefore, the research part will not be too detailed or accurate. I mainly want to talk about my own thoughts. For details of the studies, please see my references.

Talent vs Luck: the role of randomness in success and failure, a 2018 paper that won the 2022 Ig Nobel Prize in Economics.