For your Sunday viewing pleasure...

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:

http://www.ted.com/talks/mattridleywhenideashave_sex

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:

https://www.ted.com/talks/thomasthwaiteshowibuiltatoasterfromscratch

Back to retainers tomorrow!

Yours, 

—J


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