You heard it first from Thucidides. Now here’s Smith: Little else is requisite to carry a state to the highest degree of opulence from the… Read More »Adam Smith on emergent opulence: peace, easy taxes and justice
These things are prizes: Large amounts of money; Prestige; Medals and awards of all shapes and sizes; Universal recognition and adoration. It’s easy to focus… Read More »The Prize vs The Work
“What am I hoping to get?” Once we’ve admitted to ourselves that we’re doing our work (at least partly) for ourselves, we can think more… Read More »The switch (2)
This is a great introduction (or reminder) about emergent order in the complex adaptive system that is the economy.
Another way of looking at networks from Iqbal Quadir, founder of Grameen Phone and entrepreneur against poverty: One day in 1993 [while working at an… Read More »Iqbal Quadir: connectivity is productivity