
#373: The Energy of Nations with John Constable
TFTC: A Bitcoin Podcast
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The Character of Wealth
I reread your piece in Colette this morning. I think it's very important work what you're doing, especially right now. It's frustrating that there are so few of us willing to take this physicalist perspective on wealth seriously. If we get this wrong, according to my view, we may be jeopardizing the accumulated wealth and sophistication of several millennia. Once you start slipping in this way, it could be very dangerous for us, indeed. We tend to think of wealth and sophistication as permanent acquisitions. They're very far from it. Intellectual sophistication is like any other physical state. It's vulnerable to thermodynamic decay,. conceptual elegance and sophistication can easily be lost. You climb slowly
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