Month: November 2022

A universal law of economics says the moment something becomes free and ubiquitous, its position in the economic equation suddenly inverts. When nighttime electrical lighting was new and scarce, it was the poor who burned common candles. Later, when electricity became easily accessible and practically free, our preference flipped and candles at dinner became a sign of luxury.

– Kevin Kelly

Success traps can be harder to get out of, because at least with failure traps, there’s incentives to change things. With success traps, the incentives are to keep doing the same thing.

– Greg McKeown