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Lars Doucet - Progress, Poverty, Georgism, & Why Rent is Too Damn High
Dwarkesh Podcast
Is There Something Cyclic About the Stock Market?
People are now paying an ever increasing portion of their incomes to the land sector, and that didn't used to be the case. And if it keeps going, it's gonna be, I mean, you have people who are now paying 50% of their income just for rent. That's not sustainable in the long term. You're going to have, the cycle you have there is revolution. It's either like, either you have a never ending cycle of transfers of income from the unlanded to the landed. And eventually the unlands will not put up with that.
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