3min chapter

The "What is Money?" Show cover image

There are No Solutions, Only Trade-Offs with Aneesh Karve (WiM310)

The "What is Money?" Show

CHAPTER

The Economic Calculation Problem

If the outcome is equality of outcome, which is legitimately being sought by certain central planners, you're never going to achieve that because it's not possible. The thing unseen in that conversation is this: Has there ever been an equal distribution of anything in the history of nature, logic, or culture? And so what goes into that? It's like, oh, you know, lightning strikes are... Kansas has some of, like, 80% of the world's tornadoes, right? There are all these things. We don't have to say it's not about natural law. But again, it's like, well, having computers and quantum computers, can't we... No, because

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode