Doing an iPhone teardown for the XS Max, we see the cost of the components and the suppliers that extend around the world.
Our freshly roasted cup of coffee is the result of a coffee supply chain that depends on prices that create production and distribution incentives.
In a chicken sandwich are ingredients from around the world that one person can create but the price system gathered them for us at the local supermarket.
Whether looking at the supply chain for a pencil or an iPhone 6, we see globalization because price system incentives create cooperation.
HealthCare.gov’s problems might relate to “elegance.” Equal to simplicity, elegance results from eliminating complexity. In the Broadway play “Proof,” the math proof was elegant. For me it could be an analytic essay or an architectural blueprint. No matter the discipline, the final…