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3min chapter
Centralized Law vs Decentralized Law with Stephan Kinsella (WiM099)
The "What is Money?" Show
Introduction
Stephon kinsella is a British philosopher and author. His work explores the nature of centralized versus d centralized law. He argues that when you make law in a certain way, it increases over all uncertainty,. But in so many ways, its bad for time preference. It basically raises time preference u and it reduces inefficiency and makes us all poorer.
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