“Prosperity is: the increase in the amount of goods or services you can earn with the same amount of work. The cumulative accretion of knowledge by specialists that allows us each to consume more and more different things by each producing fewer and fewer is, I submit, the central story of humanity.” – Matt Ridleyhistory
Next:
- 2-1c2a Matt Ridley - ‘Self-sufficiency leads to economic downturns. Mutual interdependence is more robust.‘
- 2-1c3 ‘Win and help win’ always outcompete
Related:
- 2-1a2 See clearly - 解像度を高める
- 5-3a Knowledge via new explanations is inherently creative and its effects are positive-sum, because it begets new problems to be solved
- 5-3b Knowledge creates new frontiers (and new markets)
- 8-2b2b Key moment is when people (e.g., devs) don’t have to worry about the infrastructure (e.g., platform risks including high take rates)
- 13-1a3.0 Return is about how much, when you expect to get it, how sure you are—in comparison with other possible returns