The "What is Money?" Show cover image

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

The "What is Money?" Show

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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

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