#19 – Logan Chipkin: Understanding Economics
Arjun Khemani Podcast
The Constructor Theoretic View of Wealth
David Frum: Wealth is the set of all transformations an entity can conceivably perform. He says it makes it more obvious why knowledge is limiting factor in our ability to make progress rather than some arbitrary raw material or scarce resource, like a capital good. "The economy is too complex for any single individual to plan in the first place"
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