“Why the ‘Unexpected’ Keeps Happening”


Good piece. Especially nice is this reminder of one of Robert Heinlein’s great quotes:

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded – here and there, now and then – are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as “bad luck.”

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

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