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#70 Mark Spitznagel: The Dao of Capital
Founders
The Austrian Narrative of Roundabout Production
The protagonist of the Austrian narrative is the entrepreneur who assembles the necessary inputs, the factors of production into a temporal capital structure. Capital accumulation is a sequential production process accomplished through stages to produce final consumer goods more efficiently and time for when they will be demanded. By exploring universal strategic thinking, we build a structure of understanding from many sources that mimic how capitalists layer their tools and intermediate stages of production.
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