Venture Law

At Let A Thousand Nations Bloom, Mike Gibson writes a perfect sentence:

Rules are a form of technology. But unlike iPhones, a set of rules is not subject to the constraints of scarcity. In fact, they break them. So not only should we aim to spread superior rule sets–since we lose nothing in the spreading–we should also try to innovate better rule sets. & faster. We need a Silicon Valley for innovating rules.

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