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The Founders' List: Your Life is Driven by Network Effects by James Currier

The NFX Podcast

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Introduction

This article outlines how we see network effects impact nearly every aspect of your life. Adam Smith published The Wealth of Nations in 1776. In it, he envisioned markets with thousands of individuals pursuing their own independent self-interest as creating an invisible hand that unintentionally promoted the good of society. We want to use a network model to characterize the large-scale human social orders and then explain how they impact each of us with an often unseen hand. It will hopefully help you make decisions that are more true to the kind of life you want to lead.

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