3min chapter

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Nassim Nicholas Taleb on the Nations, States, and Scale

EconTalk

CHAPTER

Is It a City State?

It's nice to have a city state that minds its own business, involves engages in commerce. In a world of nations, a city state's very vulnerable and there's a natural tendency towards forming. Small states, t was said, nationalism works at small scale because you may not like your neighbors but you end up dealing with them. When you think about it, the this works.

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