โข
“Power, by which I mean political power, is always zero-sum: if the intellectual elite has it, you and I donโt have it.” ~ Michael Munger
โข
“The mistake of outsiders was to see Amazon as a bookseller; since books were a dying business (not true, actually), having a web site to sell books had limited upside at best, even if Amazon could survive against the market power of Barnes and Noble and the other bookstore behemoths.” ~ Michael C. Munger
โข
“The Future and Its Enemies is a well-written, lucid argument for decentralized progress and the intellectual, political, and commercial liberty that makes it possible.” ~ Art Carden
โข
“It’s hard not to be sad about the passing of old, personalistic cultural tropes. But entrepreneurs exploiting microphone technologies on digital platforms are going to wipe out most of them. And itโs just as well, because we could never make that much pizza.” ~ Michael C. Munger
“Lessons around the division of labor that stop with Smithโs description of the multiple human tasks miss his largest lesson: it is the human imagination that is most responsible for ongoing economic growth, not the dividing of manufacturing into separate tasks.” ~ Craig J. Richardson
“We find in Smith both condemnation of imprudent projectors and endorsement of prudent entrepreneurs. Although projectors occasionally turn a profit, it comes at the risk of squandering resources and missing out on more sober opportunities.” ~ Kacey Reeves West
โข
“Understanding just how and when institutions matter requires an appreciation for imperfections in governance, the socially constructed nature of rules, and the unique knowledge and motivations of entrepreneurial actors.” ~ Caleb S. Fuller
โข
“By diversifying their research, and working on multiple projects on new, different topics, venture academics have a chance to make a greater research contribution than if they were to work in traditional ways.”~ Michael J. Douma
โข
“Power, by which I mean political power, is always zero-sum: if the intellectual elite has it, you and I donโt have it.” ~ Michael Munger
โข
“The mistake of outsiders was to see Amazon as a bookseller; since books were a dying business (not true, actually), having a web site to sell books had limited upside at best, even if Amazon could survive against the market power of Barnes and Noble and the other bookstore behemoths.” ~ Michael C. Munger
โข
“The Future and Its Enemies is a well-written, lucid argument for decentralized progress and the intellectual, political, and commercial liberty that makes it possible.” ~ Art Carden
โข
“It’s hard not to be sad about the passing of old, personalistic cultural tropes. But entrepreneurs exploiting microphone technologies on digital platforms are going to wipe out most of them. And itโs just as well, because we could never make that much pizza.” ~ Michael C. Munger
“Lessons around the division of labor that stop with Smithโs description of the multiple human tasks miss his largest lesson: it is the human imagination that is most responsible for ongoing economic growth, not the dividing of manufacturing into separate tasks.” ~ Craig J. Richardson
“We find in Smith both condemnation of imprudent projectors and endorsement of prudent entrepreneurs. Although projectors occasionally turn a profit, it comes at the risk of squandering resources and missing out on more sober opportunities.” ~ Kacey Reeves West
โข
“Understanding just how and when institutions matter requires an appreciation for imperfections in governance, the socially constructed nature of rules, and the unique knowledge and motivations of entrepreneurial actors.” ~ Caleb S. Fuller
โข
“By diversifying their research, and working on multiple projects on new, different topics, venture academics have a chance to make a greater research contribution than if they were to work in traditional ways.”~ Michael J. Douma
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