5min chapter

The Jordan B. Peterson Podcast cover image

245. The Uncomfortable Truth Behind Economic Inequality | Glenn Loury

The Jordan B. Peterson Podcast

CHAPTER

The Invisible Hand Theorem

Larry Cai: I think there are deeper insights that can be generated through the application of mathematics to the real world. He says we're always contending, in some sense, with genuine uncertainty and that the future is actually unpredictable. And so i tend to view the free market as a giant computational device that does the best job that we can of computing what's valuable at any given point across the globe.

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