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This excerpt from Richard Koch’s The 80-20 Principle and 92 Other Power Laws of Nature explores the application of various scientific principles to the world of business. The text is structured around the idea that the universe is governed by “power laws” that dictate how things work. Koch examines a diverse range of scientific theories, including Darwin’s theory of evolution, game theory, chaos theory, and quantum mechanics.
This excerpt from Richard Koch’s The 80-20 Principle and 92 Other Power Laws of Nature explores the application of various scientific principles to the world of business. The text is structured around the idea that the universe is governed by “power laws” that dictate how things work. Koch examines a diverse range of scientific theories, including Darwin’s theory of evolution, game theory, chaos theory, and quantum mechanics.