3min chapter

The "What is Money?" Show cover image

The War on Language | The Aneesh Karve Series | Episode 6 (WiM281)

The "What is Money?" Show

CHAPTER

The Money of Fools - The Best Defense of the Free Market

entrepreneurship necessitates this kind of forward-looking orientation like you're trying to map your current action to future consumer demands right. Even an innocent sounding phrase like income distribution endlessly repeated can suggest a process in which income exists somehow and is then distributed as one might distribute food at a dinner table or chris or gifts at christmas but that's the problem Income isn't distributed at all and there's no question of whether it was just or unjust because soul again most income in a market economy is earned directly by providing something that someone else wants and values enough to pay for itWhether what they're paying for is labor housing or diamonds hmm yeah i hope to spend a lot of time on this section

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