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References

The 4 Steps to Competence

The 4 Ways to Spend Money - Milton Friedman

According to economist Milton Friedman, there are 4 ways to spend money:

  1. Spend my money on me:
    • In this case, I have the incentive to look for the best value for money
    • Good service at a fair price
  2. Spending my money on other people:
    • In this type of situation, the objective is to save money, the price is more important than the quality of the service
    • An average service for a good price
  3. Spending someone else’s money on me:
    • In this case, money is spent with great attention to quality, but with little interest in seeking the best price
    • Excellent service at a high price
  4. Spending someone else’s money on a third party:
    • In a situation like this, there is little incentive to care about both service quality and price
    • Bad service for a high price or good service for an extremely high price

Principles

8 Lehman’s Laws

Created by Meir Lehman, are a set of principles that describe the evolution and maintenance of software systems over time.

  1. Law of Continual Change:
  1. Law of Increasing Complexity:
  1. Law of Self-Regulation:
  1. Law of Conservation of Organizational Stability:
  1. Law of Conservation of Familiarity:
  1. Law of Continuous Evolution:
  1. Law of Decline in Quality:
  1. Law of System Feedback:

These laws are applicable in any modern software development environment and help guide system maintenance and evolution practices.

Information vs Knowledge

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Knowledge vs Confidence

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How we learn

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Critical Thinking

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Maslow’s Pyramid

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