Philosophy - Deepstash

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Philosophy

2 STASHED IDEAS

In competitive markets, it pays to have (and to cultivate) eccentric tastes, it doesn’t always pay to be logical if everyone else is also being logical. Logic may be a good way to defend and explain a decision, but it is not always a good way to reach one. This is because conventional logic is a straightforward mental process that is equally available to all and will therefore get you to the same place as everyone else. But when choosing things in scarce supply it pays to be eccentric.

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"There was nothing special about the brains of the moderns; it was their trade networks that made the difference – their collective brains"

We owe our progress as a species to the advent of trade which drove all the innovations.

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