The principal-agent problem is a straightforward concept and can be found in most intro microeconomics texts.
The smaller the organization, the more people feel like a principal. The less you feel like an agent, the better job you’re going to do for the principal. When you are the principal, you are the owner. You care and will put out quality work.
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Julius Caesar famously said, “If you want it done, then go. And if not, then send.” What he meant was, if you want it done right, then you have to go yourself and do it. When you are the principal, then you are the owner—you care, and you will do a great job. When you ar...
The most infamous comment in the Unix source code is “You are not expected to understand this,” which appeared before some hairy context-switching code. It turned out that Dennis Ritchie and co-author Ken Thompson didn’t understand it themselves and later had to rewrite it.
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