We typically think of constraints as limiting factors to something we want to achieve. This conception is too narrow. Progress often comes from discovering constraints, and from further refining them. Moreover, the discovery of constraints is just another way to describe the growth of knowledge, and knowledge growth is the backbone of all progress. This is why constraints, when applied non-coercively, are catalysts for progress.
#109 – The Constraints of Money
#109 – The Constraints of Money
#109 – The Constraints of Money
We typically think of constraints as limiting factors to something we want to achieve. This conception is too narrow. Progress often comes from discovering constraints, and from further refining them. Moreover, the discovery of constraints is just another way to describe the growth of knowledge, and knowledge growth is the backbone of all progress. This is why constraints, when applied non-coercively, are catalysts for progress.