“nineteenth-century French economist Frédéric Bastiat pointed out that just because something is less noticed doesn’t mean it’s less important than things that are obvious: In the department of economy, an act,”
“Moneyball is that Billy Beane had found a honey hole of success that twenty-nine other intelligent GMs chose to ignore. Nor was Beane the only GM stumbling on to new and innovative ideas that helped his team win. He is just one example of a successful entrepreneur. Economists refer to the pursuit of new innovative ways of doing things at the cost of discarding outdated methods as creative destruction—a”
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