Silicon Valley’s Reading List Reveals Its Political Ambitions

In 2008, Paul Graham mused about the cultural differences between great US cities. Three years earlier, Graham had co-founded Y Combinator, a “startup accelerator” that would come to epitomize Silicon Valley — and would move there in 2009. But at the time Graham was based in Cambridge, Massachusetts, which, as he saw it, sent a different message to its inhabitants than did Palo Alto.

Cambridge’s message was, “You should be smarter. You really should get around to reading all those books you’ve been meaning to.” Silicon Valley respected smarts, Graham wrote, but its message was different: “You should be more powerful.”

Read the full article in Bloomberg Weekend.

Other Writing:

Essay

What If These Economic Weapons Fall into Trump’s Hands? – with Abraham Newman

The Biden administration has built an unprecedented machine for economic and technological coercion. When Russia invaded Ukraine, the United States and its allies cut off Russia’s access to its own central bank reserves held outside Russia. The administration revamped export controls to strangle China’s access to the powerful and specialized semiconductors needed to train A.I., ...
Read Article
Essay

The Twilight of America’s Financial Empire – with Abraham Newman

When Iraqi lawmakers voted to expel U.S. forces from the country earlier this month, the Trump administration’s response was swift and forceful: it refused to withdraw and, for good measure, threatened financial retaliation, saying it would freeze Iraq’s accounts at the U.S. Federal Reserve. The threat seems to have been effective. Although Iraqi officials still ...
Read Article