Mike, this is a very good distillation of wisdom. I completely agree with this mindset and try to practice it daily. Who cares if I put more knowledge out there than I get back? I still get a ridiculous amount back.
I think this speaks to a "scarcity mindset." This pervades economics and knowledge.
Mike, this is a very good distillation of wisdom. I completely agree with this mindset and try to practice it daily. Who cares if I put more knowledge out there than I get back? I still get a ridiculous amount back.
I think this speaks to a "scarcity mindset." This pervades economics and knowledge.
The lump of labor fallacy is probably the closest example I think.
Yep, perfect "scarcity" fallacy!
Ben Franklin understood the principles of reciprocity and knowledge growth well.