Patrick Collison

CEO of Stripe and Co-Founder of Arc Institute

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Book Recommendations:

PC

Recommended by Patrick Collison

An excellent new book from @danielgross and @tylercowen on how to hire great people: https://t.co/GvajYQ1Io0. Between them, they've seen how undergrad & grad programs, academic departments, YC, startups, Apple, and Pioneer do talent selection. Run, don't walk! (from X)

The art and science of talent search: how to spot, assess, woo, and retain highly talented people. How do you find talent with a creative spark? To what extent can you predict human creativity, or is human creativity something irreducible before our eyes, perhaps to be spotted or glimpsed by intuition, but unique each time it appears? Obsessed with these questions, renowned economist Tyler Cowen and venture capitalist and entrepreneur Daniel Gross set out to study the art and science of finding talent at the highest level: the people with the creativity, drive, and insight to transform an organization and make everyone around them better. Cowen and Gross guide the reader through the major scientific research areas relevant for talent search, including how to conduct an interview, how much to weight intelligence, how to judge personality and match personality traits to jobs, how to evaluate talent in online interactions such as Zoom calls, why talented women are still undervalued and how to spot them, how to understand the special talents in people who have disabilities or supposed disabilities, and how to use delegated scouts to find talent. Talent appreciation is an art, but it is an art you can improve through study and experience. Identifying underrated, brilliant individuals is one of the simplest ways to give yourself an organizational edge, and this is the book that will show you how to do that. Talent is both for people searching for talent and for those who wish to be searched for, found, and discovered.

PC

Recommended by Patrick Collison

Agree; by far the best book I've read on the sector. https://t.co/0rm2uxwNrw (from X)

Shortlisted for the Financial Times Business Book of the Year Named a Best Book of 2022 by The Economist “A gripping fly-on-the-wall story of the rise of this unique and important industry based on extensive interviews with some of the most successful venture capitalists.” - Daniel Rasmussen, Wall Street Journal “A must-read for anyone seeking to understand modern-day Silicon Valley and even our economy writ large.” -Bethany McLean, The Washington Post "A rare and unsettling look inside a subculture of unparalleled influence.” —Jane Mayer "A classic...A book of exceptional reporting, analysis and storytelling.” —Charles Duhigg From the New York Times bestselling author of More Money Than God comes the astonishingly frank and intimate story of Silicon Valley’s dominant venture-capital firms—and how their strategies and fates have shaped the path of innovation and the global economy Innovations rarely come from “experts.” Elon Musk was not an “electric car person” before he started Tesla. When it comes to improbable innovations, a legendary tech VC told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. It is the nature of the venture-capital game that most attempts at discovery fail, but a very few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives the VC business, all of Silicon Valley, the wider tech sector, and, by extension, the world. In The Power Law, Sebastian Mallaby has parlayed unprecedented access to the most celebrated venture capitalists of all time—the key figures at Sequoia, Kleiner Perkins, Accel, Benchmark, and Andreessen Horowitz, as well as Chinese partnerships such as Qiming and Capital Today—into a riveting blend of storytelling and analysis that unfurls the history of tech incubation, in the Valley and ultimately worldwide. We learn the unvarnished truth, often for the first time, about some of the most iconic triumphs and infamous disasters in Valley history, from the comedy of errors at the birth of Apple to the avalanche of venture money that fostered hubris at WeWork and Uber. VCs’ relentless search for grand slams brews an obsession with the ideal of the lone entrepreneur-genius, and companies seen as potential “unicorns” are given intoxicating amounts of power, with sometimes disastrous results. On a more systemic level, the need to make outsized bets on unproven talent reinforces bias, with women and minorities still represented at woefully low levels. This does not just have social justice implications: as Mallaby relates, China’s homegrown VC sector, having learned at the Valley’s feet, is exploding and now has more women VC luminaries than America has ever had. Still, Silicon Valley VC remains the top incubator of business innovation anywhere—it is not where ideas come from so much as where they go to become the products and companies that create the future. By taking us so deeply into the VCs’ game, The Power Law helps us think about our own future through their eyes.

PC

Recommended by Patrick Collison

Some day, there'll hopefully be a vibrant genre of books putting forth different visions for how science can be structured and recounting the experience of applying various visions in practice. When there is, I suspect Don Braben's book will still be seen as one of the best. https://t.co/x4LumXOUHq (from X)

A radical and timely proposal for reinvigorating transformative scientific discovery. So rich was the scientific harvest of the early 20th century that it transformed entire industries and economies. Max Planck laid the foundation for quantum physics, Barbara McClintock for modern genetics, Linus Pauling for chemistry—the list goes on. In the 1970s, the nature of scientific work started to change. Increases in public funding for scientific research brought demands that spending be justified, a system of peer review that selected only the research proposals promising the greatest returns, and a push for endless short-term miracles instead of in-depth, boundary-pushing research. A vicious spiral of decline began. In Scientific Freedom, Donald W. Braben presents a framework to find and support cutting-edge, much-needed scientific innovation. Braben—who led British Petroleum’s Venture Research initiative, which aimed to identify and aid researchers challenging current scientific thinking—explains: The conditions that catalyzed scientific research in the early 20th centuryThe costs to society of our current research modelThe changing role of the university as a research institutionHow BP’s Venture Research initiative succeeded by minimizing bureaucracy and peer review, and the program’s impactThe selection, budget, and organizational criteria for implementing a Venture Research program today. Even in the earliest stages, transformative and groundbreaking research can look unrecognizable to those who are accustomed to the patterns established by the past. Support for this research can, in fact, be low risk and offer rich rewards, but it requires rethinking the processes used to discover and sponsor scientists with groundbreaking ideas—and then giving those innovators the freedom to explore. First published in 2008, this new edition of Scientific Freedom includes over 30 redesigned charts and figures and a new foreword by Donald Braben.

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Recommended by Patrick Collison

@whyvert @paulg Great book, yes. (from X)

The story of the greatest of all philosophical friendships―and how it influenced modern thought David Hume is widely regarded as the most important philosopher ever to write in English, but during his lifetime he was attacked as “the Great Infidel” for his skeptical religious views and deemed unfit to teach the young. In contrast, Adam Smith was a revered professor of moral philosophy, and is now often hailed as the founding father of capitalism. Remarkably, the two were best friends for most of their adult lives, sharing what Dennis Rasmussen calls the greatest of all philosophical friendships. The Infidel and the Professor is the first book to tell the fascinating story of the friendship of these towering Enlightenment thinkers―and how it influenced their world-changing ideas. The book follows Hume and Smith’s relationship from their first meeting in 1749 until Hume’s death in 1776. It describes how they commented on each other’s writings, supported each other’s careers and literary ambitions, and advised each other on personal matters, most notably after Hume’s quarrel with Jean-Jacques Rousseau. Members of a vibrant intellectual scene in Enlightenment Scotland, Hume and Smith made many of the same friends (and enemies), joined the same clubs, and were interested in many of the same subjects well beyond philosophy and economics―from psychology and history to politics and Britain’s conflict with the American colonies. The book reveals that Smith’s private religious views were considerably closer to Hume’s public ones than is usually believed. It also shows that Hume contributed more to economics―and Smith contributed more to philosophy―than is generally recognized. Vividly written, The Infidel and the Professor is a compelling account of a great friendship that had great consequences for modern thought.

PC

Recommended by Patrick Collison

@zackkanter Isn’t it a great book? (from X)

How does one go about organizing something as complicated as a strategic-missile or space-exploration program? Stephen B. Johnson here explores the answer―systems management―in a groundbreaking study that involves Air Force planners, scientists, technical specialists, and, eventually, bureaucrats. Taking a comparative approach, Johnson focuses on the theory, or intellectual history, of "systems engineering" as such, its origins in the Air Force's Cold War ICBM efforts, and its migration to not only NASA but the European Space Agency. Exploring the history and politics of aerospace development and weapons procurement, Johnson examines how scientists and engineers created the systems management process to coordinate large-scale technology development, and how managers and military officers gained control of that process. "Those funding the race demanded results," Johnson explains. "In response, development organizations created what few expected and what even fewer wanted―a bureaucracy for innovation. To begin to understand this apparent contradiction in terms, we must first understand the exacting nature of space technologies and the concerns of those who create them."

PC

Recommended by Patrick Collison

@jaimani I love that book... (from X)

Modern Singapore is a miracle. Half a century ago it unwillingly became an independent nation, after it was thrown out of the Malay Federation. It was tiny, poor, almost devoid of resources, and in a hostile neighborhood. Now, this unlikely country is at the top of almost every global national index, from high wealth and low crime to superb education and much-envied stability. But have these achievements bred a dangerous sense of complacency among Singapore's people? Nicholas Walton walked across the entire country in one day, to grasp what it was that made Singapore tick, and to understand the challenges that it now faces. Singapore, Singapura teases out the island's story, from mercantilist Raffles and British colonial rule, through the war years, to independence and the building of the current miracle. There are challenges ahead, from public complacency and the constraints of authoritarian democracy to changing geographic realities and the difficulties of balancing migration in such a tiny state. Singapore's second half-century will be just as exacting as the one since independence--as Walton warns, talk of a "Singapore model" for our hyper-globalized world must face these realities.

PC

Recommended by Patrick Collison

@jaimani I love that book... (from X)

Few gave tiny Singapore much chance of survival when it was granted independence in 1965. How is it, then, that today the former British colonial trading post is a thriving Asian metropolis with not only the world's number one airline, best airport, and busiest port of trade, but also the world's fourth–highest per capita real income? The story of that transformation is told here by Singapore's charismatic, controversial founding father, Lee Kuan Yew. Rising from a legacy of divisive colonialism, the devastation of the Second World War, and general poverty and disorder following the withdrawal of foreign forces, Singapore now is hailed as a city of the future. This miraculous history is dramatically recounted by the man who not only lived through it all but who fearlessly forged ahead and brought about most of these changes. Delving deep into his own meticulous notes, as well as previously unpublished government papers and official records, Lee details the extraordinary efforts it took for an island city–state in Southeast Asia to survive at that time. Lee explains how he and his cabinet colleagues finished off the communist threat to the fledgling state's security and began the arduous process of nation building: forging basic infrastructural roads through a land that still consisted primarily of swamps, creating an army from a hitherto racially and ideologically divided population, stamping out the last vestiges of colonial–era corruption, providing mass public housing, and establishing a national airline and airport. In this illuminating account, Lee writes frankly about his trenchant approach to political opponents and his often unorthodox views on human rights, democracy, and inherited intelligence, aiming always "to be correct, not politically correct." Nothing in Singapore escaped his watchful eye: whether choosing shrubs for the greening of the country, restoring the romance of the historic Raffles Hotel, or openly, unabashedly persuading young men to marry women as well educated as themselves. Today's safe, tidy Singapore bears Lee's unmistakable stamp, for which he is unapologetic: "If this is a nanny state, I am proud to have fostered one." Though Lee's domestic canvas in Singapore was small, his vigor and talent assured him a larger place in world affairs. With inimitable style, he brings history to life with cogent analyses of some of the greatest strategic issues of recent times and reveals how, over the years, he navigated the shifting tides of relations among America, China, and Taiwan, acting as confidant, sounding board, and messenger for them. He also includes candid, sometimes acerbic pen portraits of his political peers, including the indomitable Margaret Thatcher and Ronald Reagan, the poetry–spouting Jiang Zemin, and ideologues George Bush and Deng Xiaoping. Lee also lifts the veil on his family life and writes tenderly of his wife and stalwart partner, Kwa Geok Choo, and of their pride in their three children –– particularly the eldest son, Hsien Loong, who is now Singapore's deputy prime minister. For more than three decades, Lee Kuan Yew has been praised and vilified in equal measure, and he has established himself as a force impossible to ignore in Asian and international politics. From Third World to First offers readers a compelling glimpse into this visionary's heart, soul, and mind.

PC

Recommended by Patrick Collison

This is a remarkable book about a man (perhaps the most important and original philosopher of our age), a society (the corrupt Austro-Hungarian Empire on the eve of dissolution), and a city (Vienna, with its fin-de siecle gaiety and corrosive melancholy). The central figure in this study of a crumbling society that gave birth to the modern world is Wittgenstein, the brilliant and gifted young thinker. With others, including Freud, Viktor Adler, and Arnold Schoenberg, he forged his ideas in a classical revolt against the stuffy, doomed, and moralistic lives of the old regime. As a portrait of Wittgenstein, the book is superbly realized; it is even better as a portrait of the age, with dazzling and unusual parallels to our own confused society. Allan Janik and Stephen Toulmin have acted on a striking an understanding of prewar Vienna, Wittgenstein s native city, will make it easier to comprehend both his work and our own problems .This is an independent work containing much that is challenging, new, and useful. New York Times Book Review."

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Recommended by Patrick Collison

Men, Machines, and Modern Times, though ultimately concerned with a positive alternative to an Orwellian 1984, offers an entertaining series of historical accounts taken from the nineteenth century to highlight a main theme: the nature of technological change, the fission brought about in society by such change, and society's reaction to that change.Beginning with a remarkable illustration of resistance to innovation in the U.S. Navy following an officer's discovery of a more accurate way to fire a gun at sea, Elting Morison goes on to narrate the strange history of the new model steamship, the Wapanoag, in the 1860s. He then continues with the difficulties confronting the introduction of the pasteurization process for milk; he traces the development of the Bessemer process; and finally, he considers the computer. While the discussions are liberally sprinkled with amusing examples and anecdotes, all are related to the more profound and current problem of how to organize and manage system of ideas, energies, and machinery so that it will conform to the human dimension.

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Recommended by Patrick Collison

“Fischel . . . does for the housing debate what zoning once did for cities: brings order and coherence to what’s otherwise a mess.” — Ezra Klein, New York Times This best-selling book describes how zoning has been overused by local communities to block new housing development in ways that exacerbate sprawl and social inequity. Named one of the best urban planning books of the decade by Planetizen, Zoning Rules! lays out the history, motivation, structure, and impact of municipal zoning in the United States and offers more effective approaches for developers and public officials to consider when instituting new regulations.

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Recommended by Patrick Collison

"An inspiring and informative page-turner." –Walter Isaacson Longlisted for the FT/McKinsey Business Book of the Year Award The authoritative account of the race to produce the vaccines that are saving us all, from the #1 New York Times bestselling author of The Man Who Solved the Market Few were ready when a mysterious respiratory illness emerged in Wuhan, China in January 2020. Politicians, government officials, business leaders, and public-health professionals were unprepared for the most devastating pandemic in a century. Many of the world’s biggest drug and vaccine makers were slow to react or couldn’t muster an effective response. It was up to a small group of unlikely and untested scientists and executives to save civilization. A French businessman dismissed by many as a fabulist. A Turkish immigrant with little virus experience. A quirky Midwesterner obsessed with insect cells. A Boston scientist employing questionable techniques. A British scientist despised by his peers. Far from the limelight, each had spent years developing innovative vaccine approaches. Their work was met with skepticism and scorn. By 2020, these individuals had little proof of progress. Yet they and their colleagues wanted to be the ones to stop the virus holding the world hostage. They scrambled to turn their life’s work into life-saving vaccines in a matter of months, each gunning to make the big breakthrough—and to beat each other for the glory that a vaccine guaranteed. A #1 New York Times bestselling author and award-winning Wall Street Journal investigative journalist lauded for his “bravura storytelling” (Gary Shteyngart) and “first-rate” reporting (The New York Times), Zuckerman takes us inside the top-secret laboratories, corporate clashes, and high-stakes government negotiations that led to effective shots. Deeply reported and endlessly gripping, this is a dazzling, blow-by-blow chronicle of the most consequential scientific breakthrough of our time. It’s a story of courage, genius, and heroism. It’s also a tale of heated rivalries, unbridled ambitions, crippling insecurities, and unexpected drama. A Shot to Save the World is the story of how science saved the world.

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Recommended by Patrick Collison

Anthropic Bias explores how to reason when you suspect that your evidence is biased by "observation selection effects"--that is, evidence that has been filtered by the precondition that there be some suitably positioned observer to "have" the evidence. This conundrum--sometimes alluded to as "the anthropic principle," "self-locating belief," or "indexical information"--turns out to be a surprisingly perplexing and intellectually stimulating challenge, one abounding with important implications for many areas in science and philosophy. There are the philosophical thought experiments and paradoxes: the Doomsday Argument; Sleeping Beauty; the Presumptuous Philosopher; Adam & Eve; the Absent-Minded Driver; the Shooting Room. And there are the applications in contemporary science: cosmology ("How many universes are there?", "Why does the universe appear fine-tuned for life?"); evolutionary theory ("How improbable was the evolution of intelligent life on our planet?"); the problem of time's arrow ("Can it be given a thermodynamic explanation?"); quantum physics ("How can the many-worlds theory be tested?"); game-theory problems with imperfect recall ("How to model them?"); even traffic analysis ("Why is the 'next lane' faster?"). Anthropic Bias argues that the same principles are at work across all these domains. And it offers a synthesis: a mathematically explicit theory of observation selection effects that attempts to meet scientific needs while steering clear of philosophical paradox.

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Recommended by Patrick Collison

Democracy in America (Volume 1) book cover

by Alexis de Tocqueville·You?

De La Démocratie en Amérique: published in two volumes, the first in 1835 and the second in 1840) is a classic French text by Alexis de Tocqueville. Its title translates as On Democracy in America, but English translations are usually simply entitled Democracy in America. In the book, Tocqueville examines the democratic revolution that he believed had been occurring over the previous several hundred years.

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An inside analysis of modern cultural and political upheavals in China by a fluent Beijing correspondent describes the power struggles currently taking place between the party elite and supporters of democracy, the outcome of which the author predicts will significantly affect China's rise to a world super-power. 125,000 first printing.

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Recommended by Patrick Collison

At the heart of Africa is Congo, a country the size of Western Europe, bordering nine other nations, that since 1996 has been wracked by a brutal and unstaunchable war in which millions have died. And yet, despite its epic proportions, it has received little sustained media attention. In this deeply reported book, Jason Stearns vividly tells the story of this misunderstood conflict through the experiences of those who engineered and perpetrated it. He depicts village pastors who survived massacres, the child soldier assassin of President Kabila, a female Hutu activist who relives the hunting and methodical extermination of fellow refugees, and key architects of the war that became as great a disaster as--and was a direct consequence of--the genocide in neighboring Rwanda. Through their stories, he tries to understand why such mass violence made sense, and why stability has been so elusive. Through their voices, and an astonishing wealth of knowledge and research, Stearns chronicles the political, social, and moral decay of the Congolese State.

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Recommended by Patrick Collison

NIXON AGONISTES book cover

by Garry Wills·You?

From one of America's most distinguished historians comes this classic analysis of Richard M. Nixon. By considering some of the president's opinions, Wills comes to the controversial conclusion that Nixon was actually a liberal. Both entertaining & essential, Nixon Agonistes captures a troubled leader & a struggling nation mired in a foolish Asian war, forfeiting the loyalty of its youth, puzzled by its own power & looking to its cautious president for confidence. In the end, Nixon Agonistes reaches far beyond its assessment of the 37th president to become an incisive & provocative analysis of the American political machine.PrefaceThe moral market (Ralph Waldo Emerson)The economic Market (Adam Smith) The intellectual market (John Stuart Mill)The political market (Woodrow Wilson)The future of liberalismIndex of Names

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Pulitzer Prize in General Nonfiction finalist Winner of the 2014 National Book Award in nonfiction As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. Age of Ambition provides a vibrant, colorful, and revelatory inner history of China during a moment of profound transformation. From abroad, we often see China as a caricature: a nation of pragmatic plutocrats and ruthlessly dedicated students destined to rule the global economy-or an addled Goliath, riddled with corruption and on the edge of stagnation. What we don't see is how both powerful and ordinary people are remaking their lives as their country dramatically changes. In Age of Ambition, Osnos describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party's struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals-fluent in English and devoted to Western pop culture-consider themselves "angry youth," dedicated to resisting the West's influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth? Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail. An Economist Best Book of 2014 Winner of the bronze medal for the Council on Foreign Relations’ 2015 Arthur Ross Book Award

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Recommended by Patrick Collison

The Dream Machine book cover

by M. Mitchell Waldrop·You?

The story of the man who instigated the work that led to the internet—and shifted our understanding of what computers could be. Behind every great revolution is a vision, and behind perhaps the greatest revolution of our time is the vision of J.C.R. Licklider. He did not design the first personal computers or write the software that ran on them, nor was he involved in the legendary early companies that brought them to the forefront of our everyday experience. He was instead a relentless visionary who saw the potential in the way that individuals could interact with computers and software. At a time when computers were a short step removed from mechanical data processors, Licklider was writing treatises on “human-computer symbiosis,” “computers as communication devices,” and a now not-so-unfamiliar “Intergalactic Network.” His ideas became so influential, his passion so contagious, that author M. Mitchell Waldrop calls him “computing’s Johnny Appleseed.” In a simultaneously compelling personal narrative and comprehensive historical exposition, Waldrop tells the story of the man who not only instigated the work that led to the internet, but also shifted our understanding of what computers were and could be. This Stripe Press edition also includes the original texts of Licklider’s three most influential writings: “Man-Computer Symbiosis” (1960), which outlines the vision that led to the personal computer revolution of the 1970s; his “Intergalactic Network” memo (1963), which outlines the vision that inspired the internet; and “The Computer as a Communication Device” (1968, coauthored with Robert Taylor), which amplifies his vision for what the network could become.