Tag Archives: theorists

The best way to deal with growing complexity may be to keep things simple

Schumpeter Simplify and repeat Apr 28th 2012 |Economics IN 1932, as the global economy collapsed, a Danish carpenter called Ole Kirk Kristiansen started to supplement his income by selling wooden toys. Eventually he hit on the idea of making toy bricks. He and his son and grandson steadily perfected these bricks. They shifted from wood [&hellip