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Construction is a big employer, and the way it is done now is one of the ways that wealth diffuses into society as a whole. A decade ago, I thought of efficien
by mannykannot 6y ago
Construction is a big employer, and the way it is done now is one of the ways that wealth diffuses into society as a whole.
A decade ago, I thought of efficiency as an unalloyed good, but these days I recognize how destabilizing its relentless persuit can be.
- jkhdigital 6y agoIndeed, antifragility and efficiency are often completely at odds.
- war1025 6y ago> I thought of efficiency as an unalloyed good This sort of efficiency is efficient in the way an uninsulated wall is efficient at moving heat from inside to outside in the winter. I think most people could agree that inefficient heat transfer is good in the case of houses in the winter. Similarly, ineffeciencies can be very good for markets to help them achieve a critical mass and viability.