Universal Skills All Learners Should Know How to Do
7 Questions that Change the Way People Think — Leadership Freak
When making decisions the most important thing is to make them. The principles of decision-making include: Go with your highest point of clarity. (Important decisions are never perfectly clear.) Keep moving forward, especially after making mistakes. Fear creates a disappointing future. 7 questions that change the way people think: #1. Will it cause harm? Reasonable […]
7 Questions that Change the Way People Think — Leadership Freak
Storytelling with a Purpose
MidMarket Place Manifesto
Core Tenets of Organizational Culture
Book Summary: “The Origin of Wealth” by Eric D. Beinhocker
“Evolution is an algorithm; it is an all-purpose formula for innovation, a formula that, through its special brand of trial and error, creates new designs and solves difficult problems.”
Title:The Origin of Wealth, Evolution, Complexity and the Radical Remaking of the Economics
Author: Eric D Beinhocker
Scope: 4.5 stars
Readability: 3.5 stars
My personal rating: 5 stars
See more on my book rating system.
If you enjoy this summary, please support the author by buying the book.
Topic of Book
The economy is a complex, adaptive system that evolves in ways similar to how biological organism evolve in nature. This means that we have to reconceptualize economics.
Key Take-aways
- Traditional economics assumes that the economy is a closed-stable system. Because of this assumption, economist cannot answer the most basic question: where did the economy come from?
- The actual economy is an open, unstable system.
- Wealth creation is the product of a simple, but profoundly powerful, three-step formula— differentiate, select, and amplify.
- The three-way coevolution of Technology, Cooperation, and Business Models that accounts for the patterns of change…
View original post 1,876 more words
Book Summary: “The Origin of Wealth” by Eric D. Beinhocker
“Evolution is an algorithm; it is an all-purpose formula for innovation, a formula that, through its special brand of trial and error, creates new designs and solves difficult problems.”
TechCrunch: This early-stage marketing expert says ‘B2B SaaS is actually very, very cool now’
TechCrunch: This early-stage marketing expert says ‘B2B SaaS is actually very, very cool now’. https://techcrunch.com/2021/07/09/this-early-stage-marketing-expert-says-b2b-saas-is-actually-very-very-cool-now/
MarketWatch: Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist
MarketWatch: Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist. https://www.marketwatch.com/story/here-are-four-reasons-the-west-is-headed-for-a-very-drastic-crisis-according-to-a-veteran-economist-11625655832
MidMarket Place 