About Edward Kless

Ed Kless is the senior director of partner development and strategy for Sage Business Solutions. He is a frequent contributor to industry publications, including the Journal of Accountancy and Harvard Business Review, and has spoken at many conferences worldwide on project management, pricing, and knowledge workers. A senior fellow at the VeraSage Institute, he lives north of Dallas with his wife and two children and ran for Texas State Senate in 2010.

Public Notes


Recent Activity

  • Edward shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    Economic growth springs not chiefly from incentives—carrots and sticks, rewards and punishments for workers and entrepreneurs. The incentive theory of capitalism allows its critics to depict it as an inhumane scheme of clever manipulation of human needs and hungers scarcely superior to the more benign forms of slavery. Wealth actually springs from the expansion of information and learning, profits and creativity that enhance the human qualities of its beneficiaries as it enriches them. Workers’ learning increasingly compensates for their labor, which imparts knowledge as it extracts work....
    Note: Gilder quote of the day.
  • Edward shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    Economic growth springs not chiefly from incentives—carrots and sticks, rewards and punishments for workers and entrepreneurs. The incentive theory of capitalism allows its critics to depict it as an inhumane scheme of clever manipulation of human needs and hungers scarcely superior to the more benign forms of slavery. Wealth actually springs from the expansion of information and learning, profits and creativity that enhance the human qualities of its beneficiaries as it enriches them. Workers’ learning increasingly compensates for their labor, which imparts knowledge as it extracts work....
    Note: Gilder quote of the day.
  • Edward shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    startups drive all innovation and employment growth. Doing new things, they are devoted to effectiveness, not efficiency.
    Note: Gilder quote of the morning.
  • Edward shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    THROUGH WARS AND DEPRESSIONS, through booms and benisons of prosperity, the central failure of economics has been its inability to grasp the centrality of entrepreneurial creation in economic life.
    Note: Gilder quote of the day.
  • Edward shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    The freer an economy is, the more this human diversity of knowledge will be manifested. By contrast, political power originates in top-down processes—governments, monopolies, regulators, and elite institutions—all attempting to quell human diversity and impose order. Thus power always seeks centralization.
    Note: The George Gilder quote of the evening.
  • Edward shared from Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb
    Let us return to the metaphor of the birds. Think of the following event: A collection of hieratic persons (from Harvard or some such place) lecture birds on how to fly. Imagine bald males in their sixties, dressed in black robes, officiating in a form of English that is full of jargon, with equations here and there for good measure. The bird flies. Wonderful confirmation! They rush to the department of ornithology to write books, articles, and reports stating that the bird has obeyed them, an impeccable causal inference. The Harvard Department of Ornithology is now indispensable for bird flying....
    Note: On lecturing birds on how to fly.
  • Edward shared from Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb
    When you become rich, the pain of losing your fortune exceeds the emotional gain of getting additional wealth, so you start living under continuous emotional threat.
    Note: Fascinating perspective from Taleb.
  • Edward shared from Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb
    Political and economic “tail events” are unpredictable, and their probabilities are not scientifically measurable. No matter how many dollars are spent on research, predicting revolutions is not the same as counting cards; humans will never be able to turn politics and economics into the tractable randomness of blackjack.
    Note: Taleb quote of the day.
  • Edward shared from Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb
    I’ve looked in history for heroes who became heroes for what they did not do, but it is hard to observe nonaction; I could not easily find any.
    Note: Where are the anti heros? Those that did the right amount of nothing.
  • Edward shared from Antifragile: Things That Gain from Disorder (Incerto) by Nassim Nicholas Taleb
    Modernity starts with the state monopoly on violence, and ends with the state’s monopoly on fiscal irresponsibility.
    Note: Sorry, I have to share this, even though I just shared a quote a few minutes ago.
(Allen, Texas, United States)
Edward Kless
Web Page: edkless.com