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Marginal REVOLUTION - Small Steps Toward A Much Better World
marginalrevolution.com
The importance of thinking on the margin did not become commonplace in economics until 1871, when marginal thinking was simultaneously described by three economists: William Stanley Jevons, Carl Menger, and Leon Walras. Economists refer to the “marginal revolution” to explain this transformation in economic thought.
Alex Taborrok • Modern Principles of Economics
Radical Markets: Uprooting Capitalism and Democracy for a Just Society
amazon.com
fallacy that it takes Supermen to forge super teams.
Stanley McChrystal • Team of Teams: New Rules of Engagement for a Complex World
Another insight is that making things easier has nonlinear effects. Making something 10x easier can cause 1000x more of that thing to happen. Hence the explosion of online creativity you see on YouTube, with chess, Minecraft, math videos, Khan Academy, Twitchstreams, Soundcloud, etc; you remove a small bit of friction and get a large result.