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WiM055 - The Hillebrand Series | Episode 4 | Justice and Reason
The "What is Money?" Show
The Beauty of Division of Labor
The base line for economic scarcity is human time. We're creating more freedom through voluntary exchange and interaction objectively than we possibly can through any form of involuntary exchange, or any imposed structure whatsoever. And one additional, great benefit of division of labor is that it benefits even the lowest people in the hierarchy and the competenc hierarchy. If if the top always win, then the bottom will stop playing. So we need game where the bottom win too.
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