Link: Ten Laws Of The Modern World - Forbes.com.
• Moore's Law. In 1965 Moore (he co-founded Intel three years later) noted that components on silicon chips were doubling every year. In 1975 he amended that to every two years.• The Back Side of Moore's Law. This one says that digital stuff gets 30% to 40% cheaper every year--at the same performance point.
• Andy and Bill's Law. It went like this: "What Andy giveth, Bill taketh away."
• Metcalfe's Law. Metcalfe said the usefulness of a network improves by the square of the number of nodes on the network.
• Gilder's Law: Winner's Waste. The best business models, he said, waste the era's cheapest resources in order to conserve the era's most expensive resources.
• Ricardo's Law. The more transparent an economy becomes, the more David Ricardo's 19th-century law of comparative advantage rules the day.
• Wriston's Law. He said capital (meaning both money and ideas), when freed to travel at the speed of light, "will go where it is wanted, stay where it is well-treated...."
• The Laffer Curve. Cut taxes at the margin, on income and capital, and you'll get more tax revenue, not less.
• Drucker's Law. Contribution puts the focus where it should be--on your customers, employees and shareholders.
• Ogilvy's Law. Ogilvy wrote that whenever someone was appointed to head an office of O&M, he would give the manager a Russian nesting doll. These dolls open in the middle to reveal a smaller doll, which opens in the middle to reveal a yet smaller doll...and so on. Inside the smallest doll would be a note from Ogilvy. It read: "If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But if each of us hires people who are bigger than we are, we shall become a company of giants."
These are very powerful.
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