In science and history, consilience is the principle that evidence from independent, unrelated sources can "converge" on strong conclusions. That is, when multiple sources of evidence are in agreement, the conclusion can be very strong even when none of the individual sources of evidence is significantly so on its own. Most established scientific knowledge is supported by a convergence of evidence: if not, the evidence is comparatively weak, and there will probably not be a strong scientific consensus.
The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes. Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity.
A polymath is an individual whose knowledge spans a substantial number of subjects, known to draw on complex bodies of knowledge to solve specific problems.
Vilfredo Federico Damaso Pareto was an Italian polymath. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices. He was also responsible for popularising the use of the term "elite" in social analysis.
In neoclassical economics, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value. Market failures can be viewed as scenarios where individuals' pursuit of pure self-interest leads to results that are not efficient – that can be improved upon from the societal point of view. The first known use of the term by economists was in 1958, but the concept has been traced back to the Victorian philosopher Henry Sidgwick. Market failures are often associated with public goods, time-inconsistent preferences, information asymmetries, non-competitive markets, principal–agent problems, or externalities.
Participatory economics, often abbreviated Parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people. Participatory economics is a form of socialist decentralized planned economy involving the common ownership of the means of production. It is a proposed alternative to contemporary capitalism and centralized planning. This economic model is primarily associated with political theorist Michael Albert and economist Robin Hahnel, who describes participatory economics as an anarchist economic vision.
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.
A United States military occupation code, or a military occupational specialty code, is a nine-character code used in the United States Army and United States Marine Corps to identify a specific job. In the United States Air Force, a system of Air Force Specialty Codes (AFSC) is used. In the United States Navy, a system of naval ratings and designators are used along with the Navy Enlisted Classification (NEC) system. A system of ratings is also used in the United States Coast Guard.
In literature, the competent man is a stock character who exhibits a very wide range of abilities and knowledge, making him a form of polymath. While not the first to use such a character type, the heroes and heroines of Robert A. Heinlein's fiction generally have a wide range of abilities, and one of Heinlein's characters, Lazarus Long, gives a wide summary of requirements:
A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyse a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.
"Jack of all trades, master of none" is a figure of speech used in reference to a person who has dabbled in many skills, rather than gaining expertise by focusing on only one.
A generalist is a person with a wide array of knowledge on a variety of subjects, useful or not. It may also refer to:
The European Social Fund Plus (ESF+) is one of the European Structural and Investment Funds (ESIFs), which are dedicated to improving social cohesion and economic well-being across the regions of the Union. The funds are redistributive financial instruments that support cohesion within Europe by concentrating spending on the less-developed regions.
In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a common perspective on the way economies work. While economists do not always fit into particular schools, particularly in modern times, classifying economists into schools of thought is common. Economic thought may be roughly divided into three phases: premodern, early modern and modern. Systematic economic theory has been developed mainly since the beginning of what is termed the modern era.
Multi-objective optimization or Pareto optimization is an area of multiple-criteria decision making that is concerned with mathematical optimization problems involving more than one objective function to be optimized simultaneously. Multi-objective is a type of vector optimization that has been applied in many fields of science, including engineering, economics and logistics where optimal decisions need to be taken in the presence of trade-offs between two or more conflicting objectives. Minimizing cost while maximizing comfort while buying a car, and maximizing performance whilst minimizing fuel consumption and emission of pollutants of a vehicle are examples of multi-objective optimization problems involving two and three objectives, respectively. In practical problems, there can be more than three objectives.
Yew-Kwang Ng is a Malaysian-Australian economist, who is currently Special Chair Professor of Economics at Fudan University, Shanghai, and a Distinguished Fellow of the Academy of the Social Sciences in Australia. He has published in a variety of academic disciplines and is best known for his work in welfare economics.
The concept of T-shaped skills, or T-shaped persons is a metaphor used in job recruitment to describe the abilities of persons in the workforce. The vertical bar on the letter T represents the depth of related skills and expertise in a single field, whereas the horizontal bar is the ability to collaborate across disciplines with experts in other areas and to apply knowledge in areas of expertise other than one's own.
An information technology generalist is a technology professional proficient in many facets of information technology without any specific specialty. Furthermore, an IT generalist is generally considered to possess general business knowledge and soft skills allowing them to be adaptable in a wide array of work environments. The IT Generalist is often able to fulfill many different roles within a company depending on specific technology needs. In a small business environment, budgets often delegate many different facets of technology to a single individual, especially considering a small business will often require an individual proficient in desktop support, web page design, databases, phone systems, and even server administration. The role of the IT Generalist within a larger company, however, often becomes more of a project leader or integrations specialist due to a project team consisting of a varying degree of IT specialists and interfacing with end-users requiring soft-skills.
21st century skills comprise skills, abilities, and learning dispositions that have been identified as being required for success in 21st century society and workplaces by educators, business leaders, academics, and governmental agencies. This is part of a growing international movement focusing on the skills required for students to master in preparation for success in a rapidly changing, digital society. Many of these skills are also associated with deeper learning, which is based on mastering skills such as analytic reasoning, complex problem solving, and teamwork. These skills differ from traditional academic skills in that they are not primarily content knowledge-based.
Range: Why Generalists Triumph in a Specialized World is a 2019 book by David Epstein in which he expands on the points from his previous book The Sports Gene: Inside the Science of Extraordinary Athletic Performance to make a more general argument against overspecialization. In the book, he argues that range – defined as more diverse experience across multiple fields – is more relevant in today's society than specialization because the wicked problems of the modern world require bridging experience and knowledge from multiple fields to foster solutions.
The Polymath: Unlocking the Power of Human Versatility is a non-fiction book by British author Waqas Ahmed, first published in 2018. It argues that specialisation in education and workplaces stifles human curiosity and human potential which naturally transcend subject areas. And that professional institutions have erected walls to keep outsiders out. Ahmed argues that a new approach — one which recognises and fosters versatility — is urgently needed in the modern world. He writes that this would help people both to lead more fulfilling lives and to develop solutions to complex, multi-dimensional problems. The book draws on historical, psychological, and neuroscientific research and profiles living and historical polymaths from many cultures.