1 filters applied
Deep-DivesGlobalCurated insights across markets, macros, history, and intelligenceShowing 3 of 3
Distilling high-signal intelligence into digestible insights.
Deep-DivesGlobalShowing 3 of 3
Jevon's Paradox is the counterintuitive idea that improvements in efficiency (in this case fuel) tend to *increase*, rather than decrease, overall use of that resource (in this case fuel). In 1865, William Stanley Jevons, a British economist, observed that despite significant improvements in coal efficiency in steam engines, total coal consumption actually rose. Rather than saving fuel, efficiency made…
[John Gall](https://docdrop.org/download_annotation_doc/John-Gall---Systemantics_-How-Systems-Work-and-Especially-Ho-8qhgx.pdf) pg.52 | Source-[@ Tom Whitwell](https://medium.com/@tomwhitwell)
Jevon's Paradox is the counterintuitive idea that improvements in efficiency (in this case fuel) tend to increase, rather than decrease, overall use of that resource (in this case fuel).
In 1865, William Stanley Jevons, a British economist, observed that despite significant improvements in coal efficiency in steam engines, total coal consumption actually rose. Rather than saving fuel, efficiency made…
John Gall pg.52 | Source-@ Tom Whitwell
