Ruminating Out Loud

On Topics Small and Grandiose

The Laws of Incremental Returns: Reclaiming the Long-term Perspective

with 2 comments

The old adage has it that patience is a virtue. In the day and age where attention is continually being interrupted and many of us are driven by the desire to find the shortcuts in life there is a case to be made for patience. I shall aspire to document thoughts and information that will go into the formulation of what I call the laws of incremental returns (LIRs). An attempt will be made to make the case for sustained development and application of ones faculty and its relative importance in achieving objectives. A quick brainstorming of areas of interest the will be explored in pursuit of formulation of LIRs include, but not limited to:

          Economics: Aggregation and compounding

          Education: Adaptation, refinement, and advancement of knowledge

          Certification, accreditation, and access to opportunity

          Research undertakings: Influence of past precedent of the discovery process (we stand on the shoulders of giants)

          Interpersonal and inter-community relationships: The building of trust

          Growth of faith

          Governance: Institutional organization and efficiency

          Physiological evolution and organization

          Cognitive development

          Decision making

          On the functionality of the union of components being more than the sum of the individual components

          Health and endurance

          Creationism and evolution

          Marketing, traction of ideas and popularity

          Intelligence and smartness

          Democratization

Written by Fetu

December 7, 2008 at 8:33 am

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  1. [...] to continue to improve over a long period of time. This is a prime example of what I would call the laws of incremental returns. In fact, this shall be the second law of incremental [...]

  2. [...] 10, 2009 by utef Here is a wonderful example of the application of Laws of Incremental Returns; that a journey of 1000 xm starts with a single step. It presents a schematic of the the [...]


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