2min chapter

The Bayesian Conspiracy cover image

170 – By George, The Rent Is Too Damn High!

The Bayesian Conspiracy

CHAPTER

You Can't Exert Labor and Not Produce Wealth

We are not going to beat the words quite that hard because we have a time limit. If you don't like this, take it up with Henry George. We're just the messengers here. But also I'm a very enthusiastic messenger. First he says, labor is the exertion of human beings. So I don't do labor for a living then. You do. It's anything that you have to exert yourself to do. Like not necessarily physically, even mentally counts. Okay. Next is wealth is the product of labor. What you create with your labor is wealth. The software that is the end result of your labor iswealth. Wealth isn't money. Money is a claim

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