Top Highlights

• miracles are above all unexpected. The elimination of surprise in some fields is the condition for creativity in others. If the compass fails to track North, no one can discover America.
• For a miracle is simply an innovation, a sudden and bountiful addition of information to the system.
• But decentralized power, he warned, has to be guarded from the well-meaning elites “who like to run their system and hate deviations.” So as CEO, Allison had to insist to his managers that with localized decision-making, “We get better information, we get faster decisions, we understand the market better.”3
• At the heart of capitalism is the unification of knowledge and power.
• “To assume all the knowledge to be given to a single mind … is to disregard everything that is important and significant in the real world.”4 Because knowledge is dispersed, power must be as well.