Second Order Effects
If autonomous vehicles end car accidents, where do we get organ donors?
The Pomp Letter offers a daily dose of insight on investing. I suggest you subscribe. Today’s email on second-order effects deserves special note.
I spent 15 years building airplanes at McDonnell Douglas and Boeing. Aerospace engineers think of airplanes as 4 million parts flying in formation. Any part could fail. When they do, the plane still needs…
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