Entrepreneurship

If effort is now diminished, if it can be hidden, and proof can or soon will be gamed too, if transparency itself can be performed — what’s left?

The only thing left that can’t be gamed is wanting something badly enough that it shows. Desire is the closest thing to proof of authenticity we have left.

Desire resists this because it’s too... See more

It’s about the same trap in professional life: doing the thing for years, getting more experienced, and staying stuck at the same level. You can work hard for a very long time without getting better—not because you’re lazy or untalented, but because you’re confusing practice with deliberate practice.

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