Economic Reality vs. Political Rhetoric | The Aneesh Karve Series | Episode 5 (WiM272)
The "What is Money?" Show
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The Use of Knowledge in Society
If you try to eliminate people's ability to discriminate between one thing and another, that creates an irrational society. Just destroys central planning. And just to, we want people pursuing their own interest. That's where you get these phenomenal innovations. It's like when someone goes into the thing they're really into and they spend a lifetime doing it,. But when you do get these giant Steve Jobs, Apple kind of breakthroughs, that's because that guy was maniacally pursuing his own interest for decades.
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