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Episode 199: A Game of Risk

Words & Numbers

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The Benefits of Commoditizing Risk

This is one of those human institutional inventions that literally changed the course of humanity. It's actually a brilliant thing if you think it through. We're just better across the board because of this invention. The ability to commoditize risk makes our lives tremendously better. When you can insulate individuals against it, they out produce like you wouldn't believe.

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