
Is the economy on the brink? March 31, 2023
Motley Fool Money
00:00
The Emergence of Capitalism
I keep coming back to the idea when it comes to highly dynamic, complex systems full of feedback, like the economy. Where people go wrong is they directly intervene to the market where I think it's actually more about framing the rules of the game. You're just not going to buy apples at $400 an apple, right? There are certain things that just sort of fix themselves. So we get away from this problem of having to sort of drive this thing that cannot be drive and forming a whole bunch of unintended consequences. We've all got a profit motive there to do, to, to make money. That's why capitalism works so well.
Play episode from 56:25
Transcript


