2min chapter

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245. The Uncomfortable Truth Behind Economic Inequality | Glenn Loury

The Jordan B. Peterson Podcast

CHAPTER

The Economics of Super Stars

Economist sherwin rosen wrote a classic paper called the economics of super stars. To produce something that people want to see, you need talent, but you also need other resources. And so it's the combination of the productivity of the talent, which is scarce and distributed in the population, and the ctiveness of their ability to command other resources who determine what they will be able to produce.

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