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123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

The Bitcoin Standard Podcast

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Democracy Is a Good Thing, but It's Not an Exception

I don't now if they didn't care. I guess, yes, hey, promised this democracy bu yes. Look how well that worked. It was a greate the it was a great way to introduce me to the work of hans helmand happe. And watching all these democratic projects turn into exactly what he says and realizing that's just what democracy is. Ait's just, if you have a rich society that has already developed and industrialized, and you add democracy, then it takes a time for democracy to work and destroy it - but it still does.

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