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Free Market: The History of an Idea (with Jacob Soll)

Free Thoughts

CHAPTER

Piketty's Veil of Ignorance

John Rawls came up with the veil of ignorance. Adam Smith was this super complex moral thinker who saw the world around him and was able to describe it in great complexity. He did not understand the basics of economics that manufacturing is where value was going to come from. That artifice was actually the source of wealth.

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