David Friedman’s Substack • 242 implied HN points • 22 Nov 24
- Brilliant individuals can contribute to knowledge in two main ways: through challenging, complex work and by highlighting simple ideas that others may overlook. Simple ideas often seem obvious once recognized.
- Examples like the median voter theorem and Coase's theories show how simple concepts can explain complex phenomena, such as election outcomes or the functioning of firms, making them essential in economics.
- Even in biology, like Darwin's theory of evolution, simple ideas can lead to significant insights, changing how we understand life and its development over time.