What a piece of work is a man,
how noble in reason,
how infinite in faculties, in form and moving
how express and admirable, in action
how like an angel, in apprehension
how like a god! the beauty of the world, the paragon of animals—and yet...to ME,
...what is this quintessence of dust?
Hamlet

Hamlet Act 2, scene 2

Everything is relative, even when it should not be.

I was recently invited to a meeting with three other young gentlemen (with separate businesses) interested in forming a local entrepreneurial cartel (in the literal sense- a small group of producers of a good or service who agree to regulate supply in and effort to control or manipulate prices, not the Hollywood Tony Montana sense).

What was interesting was that I witnessed the "Tragedy of the Commons'. The tragedy was apparent less than 30 minutes into the competitive meet.

The tragedy of the commons refers to a dilemma described in an influential article by that name written by Garrett Hardin and first published in the journal Science in 1968.

The article describes a situation in which multiple individuals, acting independently, and solely and rationally consulting their own self-interest, will ultimately deplete a shared limited resource even when it is clear that it is not in anyone's long-term interest for this to happen.


The dilema illustrates the argument that free access and unrestricted demand for a finite resource ultimately reduces the resource through over-exploitation, temporarily or permanently.

This occurs because the benefits of exploitation accrue to individuals or groups, each of whom is motivated to maximize use of the resource to the point in which they become reliant on it, while the costs of the exploitation are borne by all those to whom the resource is available (which may be a wider class of individuals than those who are exploiting it).


Individuals will always behave in a selfish fashion. Rationality would dictate that even self-interested individuals will often find ways to cooperate, because collective restraint serves both the collective and individual interests...but alas.

YAMBUKA fara da se (Italian).

Entrepreneur- a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.


Onwards.Upwards.Always!

YAMBUKA is Alive.

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