Greatest Hits: What Alex Danco Thinks About Basically Everything
Village Global Podcast
00:00
The Problem With Positional Scarcity
The problem with positional scarcity is it has the ability to consume basically unlimited amount of our resmacts. The only thing that can stop positional scarcity from eating up like all of this money if we care about it is that eventually we run out of money, he says. "I really do worry that so, you know, the land housing prices and rents and college education is another one where it's just like these types of accelerating costs of positional goods are just going to eat up all of the economic gains"
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