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