“The creation of new tools and intellectual property [are] certifications that we’ve accumulated process knowledge” https://danwang.co/how-technology-grows/ …https://twitter.com/danwwang/status/1209161302855340033 …
“For reasons I can’t yet get my mind around, homeowners in cities like San Francisco have the ability to veto the creation of new housing stock”pic.twitter.com/V0kUUBuMMP
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“Non-defense discretionary spending made up over 60% of the federal budget in 1962. By 2017, that figure has fallen to 15%. They can simply let the government go on autopilot, since their predecessors have already committed most available funds”pic.twitter.com/SEtCCCF2Ul
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“When people have experienced a few years of high growth, they’re conditioned to expect more of it”pic.twitter.com/uipW7upKAE
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“Dystopian science fiction is the natural outcome of stagnant growth; no wonder so much of the science fiction published in the last few decades has been so bleak.”pic.twitter.com/2bDCZ7xTLi
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“If we view excellent talent as a scarce resource, then I think it’s regrettable that asset management attracts so many smart young people.”pic.twitter.com/PZDEoeWxQZ
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“Would anyone else like to subscribe to a magazine on industrial goings-on?” — Like a high-quality ‘De Ingenieur’ https://www.deingenieur.nl/tijdschrift pic.twitter.com/8BZywvXdBe
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“Just because we can’t straightforwardly measure process knowledge doesn’t mean that we should dismiss its existence.”pic.twitter.com/yhl1cWxinx
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“Healthy ecosystems are hard to maintain, but if you build them up and continue to inject vitality into them, they deliver sustained breakthroughs.”pic.twitter.com/2iAcTf96Ii
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“We can nurture optimism by developing a greater appreciation for industry and by reaching for higher economic growth.”pic.twitter.com/IPhZEJEeai
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End of conversation
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