Tag: human capital
Concepts and Skills
Stephen Ambrose, in his new book describing the construction of the Transcontinental railroad, Nothing Like It In the World, suggests that trains were the primary vehicle for introducing the industrial revolution. He quotes an engineer who said, “where a mule can go, I can make a locomotive go.” The poetry of engineering requires both the imagination to conceive and the skills to execute. We use concepts to frame our imagination, we use skills to build Read More
The History of Great Ideas
Great ideas have been piling up in history’s graveyard for 3,000 years. They are left unattended and largely forgotten. When these ideas are first introduced, they are usually met with laudatory excitement and abundant enthusiasm. Then, the ideas are gradually diminished and distorted through this four step process: Trivialization, Bastardization, Privatization, Commercialization