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WiM005 - The Saylor Series | Episode 5 | Channeling Monetary Energy Across Time and Space

The "What is Money?" Show

CHAPTER

The Law of Thermodynamics - You Can't Cheat.

In thermodynamics, it's a great field because everybody think they're all looking for that perpetual motion machine. The laws of thermodynamics, we used to paraphrase them at MIT in a snarky way. There's no cheating in thermodynamics. It might look like you got something for nothing. Even Maxwell's demon. Things that are hard to obtain and have utility are what give them value in the marketplace. You can't wiggle your fingers and make it twice as much. If you lose it, it's gone.

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