Stocks and Flows
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Stocks and Flows
“Stock and flow” is an economic concept that writer Robin Sloan has adapted into a metaphor for media: “Flow is the feed. It’s the posts and the tweets. It’s the stream of daily and sub-daily updates that remind people you exist. Stock is the durable stuff. It’s the content you produce that’s as interesting in two months (or two years) as it is tod
... See moreAustin Kleon • Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered (Austin Kleon)
“Stock and flow” is an economic concept that writer Robin Sloan has adapted into a metaphor for media: “Flow is the feed. It’s the posts and the tweets. It’s the stream of daily and sub-daily updates that remind people you exist. Stock is the durable stuff. It’s the content you produce that’s as interesting in two months (or two years) as it is tod
... See moreAustin Kleon • Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered
I actually think stock and flow is a useful metaphor for media in the 21st century. Here’s what I mean:
Flow is the feed. It’s the posts and the tweets. It’s the stream of daily and sub-daily updates that reminds people you exist.
Stock is the durable stuff. It’s the content you produce that’s as interesting in two months (or two years) as it is toda... See more
Flow is the feed. It’s the posts and the tweets. It’s the stream of daily and sub-daily updates that reminds people you exist.
Stock is the durable stuff. It’s the content you produce that’s as interesting in two months (or two years) as it is toda... See more
Minsuk Kang 강민석 added
We can understand money's hardness through understanding two distinct quantities related to the supply of a good: (1) the stock, which is its existing supply, consisting of everything that has been produced in the past, minus everything that has been consumed or destroyed; and (2) the flow, which is the extra production that will be made in the nex
... See moreSaifedean Ammous • The Bitcoin Standard: The Decentralized Alternative to Central Banking
All systems with flow, whether energy, materials, or digits in the banking system, experience a similar trade off between efficiency (and brittleness) and resilience (adaptive to shock but slow to change more fundamentally).
Resilience versus efficiency
sari added
You need stocks to create flows, and you need flows to replenish stocks.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
A stock takes time to change, because flows take time to flow.