February 23, 2006

Ideas Matter!

Here is an amazing article on the importance of ideas by Atanu.

Ideas matter. Over human history, some humans have had ideas on how to do things based on discoveries they or their forbearers made. As the stock of ideas grew, so did the ability of humans to create stuff out of available raw materials increased. Ideas have the peculiar characteristic in that their stock does not diminish from use. Economists call this property “non-rival in consumption.” Ideas multiply the ability of humans to achieve whatever it is that humans desire. The world we live in is one constructed by human will using raw materials—and ideas. What human will can achieve is only limited by the ideas that are available to humans at any point in time. Since there can be no conceivable limit to how large the stock of ideas can become, there is no conceivable limit to what human will can achieve.


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