Reason Foundation

Reason Foundation

"If you don't have a consensus that it's nonsense, you don't have a breakthrough."

Ted Balaker
April 26, 2005, 1:22pm

I just came across a very interesting passage in a Time article from Nov 04. The passage explains how Burt Rutan came up with the design that won the X Prize. There's the exhilaration of the "aha!" moment followed by the inevitable skepticism from those who think he's nuts (which is always so enjoyable in hindsight). The market process is so often described as dog-eat-dog, hyper-competitive Gordon Gekkoism that it's easy to overlook the creativity inherent in entrepreneurial discovery: Quite a bit different than "Greed is good."

Ted Balaker is Producer

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