The thinking process of most innovators is something like this: Get an idea for what you want to make. Create it. Find someone who wants it. I think any entrepreneur will immediately recognize this is a horrible strategy for starting a business (or making any decision). By making something before you see any opportunity, you […]
Avoid the Zero-Sum Mind Trap
In life, few things are truly zero-sum. A zero-sum game has winners and losers. If you believe that in order to make $100, someone else needs to lose $100, that’s zero-sum. While there are often tradeoffs in life, in most situations having a winner doesn’t mean there needs to be a loser. Unfortunately, I think […]
Friday Links 08-10-02
From the Web The Moral Roots of Liberals and Conservatives – An interesting talk about the five pillars of morality across human cultures and why liberals and conservatives disagree. In Praise of Salaried Employment – Tim Clark has an interesting article about the joys of not working for yourself. I’m a big fan of entrepreneurship, […]
Is It Better to Read Books You Disagree With?
In the last two weeks I’ve been reading Friedrich Hayek’s, The Road to Serfdom. Hayek argues in this book that any form of collectivism (whether left or right) inevitably leads to a totalitarian state. My views are mostly libertarian, so I agree with almost all of the arguments Hayek presented. Reading through the book, however, […]