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EP 205 Matthew Pirkowski on Time Preference and Cooperation

The Jim Rutt Show

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Algae, Fungus, and Monetary Systems

The chapter explores the example of algae and fungus building an ecosystem and relates it to different monetary systems. It discusses high discount rates and high time preferences in the current epoch, income inequality, and its impact on time preferences. The chapter reflects on significant changes over a single lifetime and explores the concept of time preferences.

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