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WiM007 - The Saylor Series | Episode 7 | The Virtues of Strong Money

The "What is Money?" Show

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The Importance of Human Intervention in Complex Systems

Tlaub: Human intervention moves us from what he calls mediocristan to extremistan. He says that the non-linearity of effects goes through the roof once we try to intervene in natural systems. Tlaub: When we offset, we try to press one lever to cause one result, there's a cascade of unintended consequences surrounding that.

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