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EP7 Daniel Schmachtenberger and the Evolution of Technology

The Jim Rutt Show

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The Impossibility of Pricing Externalities Correctly

"We couldn't theory fix that. It may require an amendment to the Constitution and some other things, but it could be fixed," he says. "The democratic liberal argument is if we priced the externalities correctly, we could defend the commons." The U.S. legal system has been hijacked by our economic and financial systems, Obama adds.

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