2min chapter

The "What is Money?" Show cover image

Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)

The "What is Money?" Show

CHAPTER

Aren't We All Equal?

In a true free market economy, we can specialize on the things we're really good at and that make us discernibly different. Let other people do the same type of specialization on their individual skills,. And then we all trade the fruits of one another's labor and we all benefit. So it's a positive sum game that's premised on the natural inequality or diversity to use a nicer word that we observe in one another.

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