Entrepreneurship

Cantillon argued that the origin of entrepreneurship lies in the lack of perfect foresight individuals have about the future. Rather than consider this lack of foresight a defect of the market system, Cantillon accepted it as part of the human condition. Uncertainty is a pervasive fact of everyday life, and those who must deal with it continually... See more

High agency is such an important idea because the more agency an individual or society has -- the more problems they can solve.

High agency can be a confusing idea to understand because it’s not just one idea. It’s a combination of three distinct skills rarely found together:

1. Clear thinking


2. Bias to action


3. Disagreeability