Tag: matthew effect
7 posts tagged "matthew effect".
The principle of cumulative advantage — "to those who have, more will be given" — by which early leads in money, reputation, or attention compound into runaway gaps. Coined by the sociologist Robert K. Merton from a line in the Gospel of Matthew, it explains why the rich get richer and famous names hoard credit for collaborative work. The blog uses it to argue that outcomes owe more to luck and initial conditions than raw merit, and that much apparent success is really accumulated status signalling. It underpins the case for compound interest and for seeking optionality early, since small advantages snowball over time.
Posts:
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Meditations on Momentum
First, work your butt off to get some momentum behind you. Keep a watchful eye out for entropy. Then, focus your efforts on helping other people up.
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The Madness Of Crowds
If you skip the top-tier or ‘must-do’ attraction, you will usually have a way better time at a fraction of the price.
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What I've Learned From One Year of Blogging
One year ago, a squalling infant entered the world, confused and alone. It was ugly, weird, and coated in blood and slime. I named it ‘Deep Dish’.
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The Barbell Strategy: How Not to Be a Starving Artist
Living off ramen in your mom's basement while you wait for your genius business idea or novel to hit the big time is a dead end. It's time to get strategic.
Also mentioned in:
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Is Crypto Bullshit? Calling My Shots
Nothing in this arena can be taken at face value, which makes it unusually fertile ground for battle-testing your own critical thinking skills.
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I Aten't Dead
My initial impulse was to delete the blog, de-list the book, and generally disappear quietly into the ether.
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Futurama Taught Me Everything I Know About Compound Interest
During the 1000 years Fry spent as a human popsicle, the interest on his bank balance of 93c compounded into the staggering sum of $4.
