I ended the previous part of this essay with:
The one factor that motivates the vast majority of people is self-interest. Self-interest is not a pathology because it’s a normal and unalterable aspect of human nature. It’s not a bug in human nature but is actually a feature. Indeed, self-interest broadly construed — enlightened self-interest — is what accounts for the advancement of civilization itself. People work hard to better the circumstances of themselves and those they care about, and in doing so advance the greater good even without intending to. This had been recognized two and a half centuries ago by Adam Smith and others.
Moving on —
Continue reading “The Problem of Economic Growth – Part 2”







We are nearly almost totally unaware of the technological marvels that surround us. But we should be in awe of them. They don’t magically fall unbidden from the skies like manna from heaven. Real people have to work really hard, often in obscurity, to bring those amazing things to life. Today I learned the details about the making of one such innovation: that of the blue LED.
Artificial intelligence is perhaps the most transformative technological advancement of our time, poised to revolutionize industries, reshape societies, and redefine the very fabric of human existence.