As I've been surfing around over the past week, there's one statement that really jumped out at me that I wanted to share here. It's at the end of John Porcaro's post about scarcity: John Porcaro: mktg@msft: Your Economics Professor Was Wrong
Technology will always progress, allowing us to do more with less--breaking the laws of scarcity. And with the rapid adoption of technology, it's happening even faster. So Seth's right: it's going to take smarter, more dedicated people to make real money, and the rest of the world is going to resort to operating on the razor-thin lines of zero profit due to perfect competition. What's really scarce? Wisdom. Courage. Honor. Relationships.
Ahhh. Those words are so scarce in our society and in general business that it's gratifying and nourishing to see them in print. Thanks, John, for the wonderful reminder.