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The Rational Optimist: How Prosperity Evolves, Matt Ridley elaborates: "'If I sew you a hide tunic today, you can sew me one tomorrow' brings limited… - Peter Diamandis
" "The Rational Optimist: How Prosperity Evolves, Matt Ridley elaborates: "'If I sew you a hide tunic today, you can sew me one tomorrow' brings limited rewards and diminishing returns. '[But] … I make the clothes, you catch the food' brings increasing returns. Indeed, it has the beautiful property that it does not even need to be fair. For barter to work, two individuals do not need to offer things of equal value. Trade is often unequal but it still benefits both sides.
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About Peter Diamandis
Peter H. Diamandis (born May 20, 1961) is an American engineer, physician, and entrepreneur. He is best known as the founder and chairman of the XPRIZE Foundation, and the cofounder and executive chairman of Singularity University. He is also cofounder and former CEO of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, cofounder of Celularity, founder of Students for the Exploration and Development of Space, and vice chairman and cofounder of Human Longevity, Inc.
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Also Known As
Native Name:
Peter H. Diamandis
Alternative Names:
Dr. Peter Diamandis
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Dr. Peter H. Diamandis
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