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180  <figure id="user_logo"><a href="http://econgoat.com">Heather R Morgan</a></figure>
181  <h2><a href="http://econgoat.com">Heather R Morgan</a></h2>
182  <h3>The Shameless Economist in pearls. Globetrotter. Writer.
183</h3>
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191  <h6 class="separator_title read_first">Read&nbsp;this&nbsp;first</h6>
192  <article id="dv9PLP1RzrEwA7Hggf6UnZ" class="post user_show">
193    <h1 class="article_title">
194      <a href="http://econgoat.com/how-failure-loss-can-make-you-a-better-entrepreneur">Let’s All Fail More to Become a Better Entrepreneurs</a>
195    </h1>
196    <a href="http://econgoat.com/how-failure-loss-can-make-you-a-better-entrepreneur">
197      <p>In the last five years I’ve made more reckless mistakes and had more mishaps than most people inflict on themselves in a lifetime. I’ve almost killed myself in the Middle East a dozen times, smuggling myself in and out of Sinai amidst bombings to go to the beach, and hitchhiking in Eastern Turkey in search of my ancestral homelands. I’ve also screwed up by blowing $50,000 on a marketing campaign that targeted a segment of customers that didn’t monetize well.<br>
198<img src="https://svbtleusercontent.com/tj4m5q6wb2mmna_small.jpg" alt="camels.jpg"></p>
199<p>Even with all blunders and errors, some of which I’m less proud of than others, I have no regrets for any of my actions. While my risk-loving behavior may have brought me more chaos than most people could handle mixed with some failures, it also led me to my biggest wins. </p>
200
201<p>For each of my failures I have learned more valuable lessons than college, grad school, books, lectures, and seminars could ever have taught me. (Not to...</p>
202    </a>
203    <p><a href="http://econgoat.com/how-failure-loss-can-make-you-a-better-entrepreneur" class="buttonize outline small">Continue reading &rarr;</a></p>
204  </article>
205  <hr class="articlesplit" />
206  <article id="pze7SYpf47MbokbS8hXezh" class="post user_show">
207    <time datetime="2014-03-25" class="article_time">Mar 25, 2014</time>
208    <h1 class="article_title"><a href="http://econgoat.com/blocking-turks-only-makes-them-stronger-more-stubborn">Blocking Turks Only Makes Them Stronger &amp; More Stubborn</a></h1>
209    <a href="http://econgoat.com/blocking-turks-only-makes-them-stronger-more-stubborn" class="content"><p>With the latest Turkish twitter ban, Turks are questioning whether Erdogan fears tweets leaking sex tapes from AK party officials, his own dirty secrets, or is just using this as a distraction from his other political fails. </p>
210<p>

210Erdogan’s Twitter ban seems like a modern-day book burning to the world, but this isn’t Turkey’s first time blocking social media. While the censorship of Twitter shows blatant disregard for democracy and freedom of speech, the Turkish government has never been able to stop its people when they are most determined.  Whether Turks are completely disregarding the few traffic laws that Turkey does have, or avoiding taxation with black market cash transactions, Turks are naturals at finding ways around laws and red tape. </p>
211
212<p><img src="https://svbtleusercontent.com/esxbw6xjm6sysw_small.jpeg" alt="twitter turk.jpeg"></p>
213
214<p><b>Internet Censorship: Not a New Game for Turkey</b><br>
215Turkey’s not the only country to censor the Internet, but this isn’t their first go with censorship...</p></a>
216    <p class="continue_mark"><a href="http://econgoat.com/blocking-turks-only-makes-them-stronger-more-stubborn" class="buttonize outline small">Continue reading &rarr;</a></p>
217  </article>
218  <hr class="articlesplit" />
219  <article id="22NDMJz95tHpaMrVvdvaAr" class="post user_show">
220    <time datetime="2014-03-01" class="article_time">Mar  1, 2014</time>
221    <h1 class="article_title"><a href="http://econgoat.com/focus-or-fail">Find a Focused Direction or Fail</a></h1>
222    <a href="http://econgoat.com/focus-or-fail" class="content"><p>Stop pretending to be Superman or your kryptonite will kill you. By lying to ourselves by believing we can do everything, we are setting ourselves up for failure. Do yourself a favor and stop screwing yourself over.</p>
223<p>We all think we can do everything. We lie to ourselves thinking we have more time than we do. We believe we can multitask and overbook. But we are wrong. By doing so, we are left with dozens of projects half-assed, half-done feeling burnt out.</p>
224
225<p><img src="https://svbtleusercontent.com/xfybazsrwbeo4g_small.jpg" alt="hkkkkk.jpg"></p>
226
227<h2>Hong Kong: the Asian version of a New York minute on speed</h2>
228
229<p>In my early 20’s I lived in Hong Kong and worked in project management. I accepted my job just after ending a long relationship to a Hong Konger I met in college. At the time the only people I knew there were three loose acquaintances from California and Turkey. </p>
230
231<p>To compensate for my lack of network and social support in this new country, I made a great effort to go out of...</p></a>
232    <p class="continue_mark"><a href="http://econgoat.com/focus-or-fail" class="buttonize outline small">Continue reading &rarr;</a></p>
233  </article>
234  <hr class="articlesplit" />
235  <article id="tVWUigACr7f9FwVX6nX3cd" class="post user_show">
236    <time datetime="2014-02-25" class="article_time">Feb 25, 2014</time>
237    <h1 class="article_title"><a href="http://econgoat.com/a-lesson-in-economics-for-engineers">A Lesson in Economics for Engineers</a></h1>
238    <a href="http://econgoat.com/a-lesson-in-economics-for-engineers" class="content"><p>If you are thinking about investing in Bitcoin you might as well flush your money down the toilet by investing in the Egyptian pound. </p>
239<p>Even the smartest people are susceptible to the shortcomings of confirmation bias. We search for the data and metrics that support our claims, giving us the answers we want to see. </p>
240
241<p>It was easy enough for engineers and the Silicon Valley tech crowd to believe in Bitcoin, a new kind of self

241-regulating currency based in the beauty of mathematics.  Avoiding the pitfalls of politics, bureaucracy and monetary centralization sounds like a good plan on paper, but the efficient market hypothesis (that free markets will regulate themselves) doesn’t always work in practice.  Unexpected ripple effects of the absence of regulation are even messier when financially engineered assets like Bitcoin are involved.  </p>
242
243<p><img src="https://svbtleusercontent.com/lwyeg4xaznplda_small.jpg" alt="bitcoin1.jpg"></p>
244
245<p><strong>The Fragility of Artificial Assets</strong></p>
246
247<p>No matter how...</p></a>
248    <p class="continue_mark"><a href="http://econgoat.com/a-lesson-in-economics-for-engineers" class="buttonize outline small">Continue reading &rarr;</a></p>
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