The Sovereign Individual Quotes📚

We know what happened to organized religion in the wake of the Gunpowder Revolution. Technological developments created strong incentives to downsize religious institutions and lower their costs.

Societies that have been indoctrinated to expect income equality and high levels of consumption for persons of low or modest skills will face demotivation and insecurity.

To an increasing degree, individuals capable of creating significant economic value will be able to retain most of the value they create for themselves.

As the era of the "Sovereign Individual" takes shape, many of the ablest people will cease to think of themselves as party to a nation, as "British" or "American" or "Canadian.

The things best to know are first principles and causes, but these things are perhaps the most difficult for men to grasp, for they are farthest removed from the senses. —Aristotle gumroad.com/a/974115955/Ax…

In the long run, of course, Sovereign Individuals will probably be able to travel on nongovernmental documents, issued like letters of credit by private agencies and affinity groups.

The corporation with a headquarters that can be surrounded by pickets or sabotaged by terrorists will be vulnerable until it ultimately becomes a "virtual corporation" without a location, "dwelling in many places concurrently,

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The fastest-growing and most important new economy of the next century will not be China but the cybereconomy. To take full advantage of it, you will need to place your business or profession on the World Wide Web.

@tigerjvideo Very useful. Thank you.

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Of all the nationalities on the globe, U.S. citizenship conveys the greatest liabilities and places the most hindrances in the way of becoming a Sovereign Individual.

The cybereconomy will be a high-trust community.

Your PC will be the branch office of your bank and global money brokerage

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Most information is generated by brokerage firms, few of which will tell you that stocks are overvalued. Their income is derived from transaction business that depends on the majority of customers being ready to buy. Independent, contrary voices are seldom heard.

Now that information technology is displacing mass production, it is logical to expect the twilight of mass democracy.

Areas of opportunity and security will shift. Economies that have been rich during the Industrial Era may well be subject to deflation of living standards and social unrest as governments prove incapable of guaranteeing prosperity and entitlement programs collapse.

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The good news is that the Information Revolution will liberate individuals as never before. For the first time, those who can educate themselves will be almost entirely free to invent their own work and realize the full benefits of their own productivity.