2min chapter

Made You Think cover image

45: More Knowledge, More Problems. The Beginning of Infinity by David Deutsch

Made You Think

CHAPTER

The Market Is a Very Strong Corrective Force for Problems

Economics is a very hard thing to put into discrete terms as well, which is why economics is like impossible to model. The increase in population means there's more mouths to feed mean there's more demand for food. People who have a monetary incentive to do that will invest in technologies that can make their costs go down. Which will increase the production of food. It's just like it's a really there's so many second and third and fourth and fifth order effects that you just like can't predict,. except that the market is an incredibly strong corrective force for problems.

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