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Innovation and Optimization at War
One Takeaway: The skills and tools that help with optimization often prevent companies from innovating.
May 13
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We Need Good Rules More Than Good Rulers
A successful economy depends more on good rules than wise overseers. Clear, consistent rules allow people to cooperate, and plan; even when no one is in…
May 11
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We Can't Calculate Without Prices
One Takeaway: Without prices that reflect reality, no one, not even the smartest, most informed planner, can know how best to use scarce resources.
May 4
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Why Structure Determines Strategy
One Takeaway: Organizational structure isn’t really about org charts or reporting lines. It’s about economic trade-offs between specialization and…
May 1
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April 2026
We Don't (and Shouldn't) Control What Others Own
Property rights make exchange, investment, and cooperation possible. Without them, markets can’t function and progress stalls.
Apr 27
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We Each Know Different Things (And No One Knows Everything)
No one person has all the knowledge in the world. The best systems are those that help us use what we know to make better decisions.
Apr 20
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We Need More Than Headlines
Statistics are helpful summaries, but they offer limited explanations of how the economy is doing. It's better to focus on principles vs managing…
Apr 13
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Bad Rules Beat Good People
Leadership must design systems where cooperation becomes the default. Get the system right and you don’t need everyone to be the ideal version of…
Apr 10
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We Can’t Outsmart The System
The economy runs on signals, not switches. The more we try to control outcomes, the more we distort signals that help people make good decisions.
Apr 6
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March 2026
We Learn What Works By Trying
Entrepreneurs move the economy forward. They don’t follow a map. But they do spot new paths no one else may see and take a chance to walk them.
Mar 30
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Metrics Can Kill Innovation
"What gets measured gets managed” often ends up becoming “what can’t be measured gets eliminated.” This can kill what's needed for long-term success.
Mar 27
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We Are Uncertain If We Will Profit
Markets work because people try things. Sometimes they win, sometimes they lose. But, every outcome reveals what’s valuable and what isn’t.
Mar 23
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Cameron Belt
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