Rationality: From AI to Zombies, The Podcast, and the other podcast
LessWrong posts Discussed in this Episode:
The American System and Misleading Labels
Next Episode’s Sequence Posts:
170 – By George, The Rent Is Too Damn High!
The Bayesian Conspiracy
00:00
The Law of Rent
Rent is determined by the margin of production. The most you could charge for rent for one of these lots is 90 because people's next, next least productive alternative is the one that gives 10. Henry George argues that landowners oppress both labor and capital,. cheating both of them of hard work and investment out of their fair share.
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Transcript
