Sent by Jonathan Stark on January 8th, 2017
No big email today... instead, I’d like to share a video that I come back to again and again and again when thinking about the effects of specialization on wealth creation.
It’s a TED talk called “When Ideas Have Sex” by Matt Ridley:
NOTE: Pay special attention to the bit about Adam and Oz trading a spear for an ax. It goes by fast, but it is CRITICAL to the concept of mutual profit. I had to rewatch it about 10 times before I really internalized it.
If you have a few more minutes, check out this wonderful and related video about The Toaster Project:
Back to retainers tomorrow!