Compound Effects
|IN PROGRESS| The phenomenon where small initial differences create increasingly large gaps over time through accumulating advantages or disadvantages.
Meritocracy
|IN PROGRESS| The belief that rewards should be based on individual merit and achievement rather than inherited advantage or social connections.
Network Effects
|IN PROGRESS| The more people who use something, the more valuable it becomes for everyone - creating a self-reinforcing cycle that makes established networks extremely difficult for competitors to displace.
Resource Allocation
|IN PROGRESS| The process of deciding how to distribute limited resources (time, money, attention, social capital) across different opportunities and priorities.
Risk and Uncertainty
|IN PROGRESS| The relationship between initial advantages and the capacity to take risks, handle uncertainty, and pursue high-variance strategies.
Systemic vs Individual
|IN PROGRESS| The complex relationship between individual choices and systemic factors that shape opportunities and outcomes.