Russ Roberts: Wild Problems S1 E18
Meditations with Zohar
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Are You a Wild Problem?
"There are 8 billion people with each one with a set of wild problems," he says. "If our problems were the same, then neither one of us would be competing with each other to get the better deal" The price adjusts in ways that there's enough bagels for me and for you, but it's too high for some people; they buy something less fancy than a bagel. And so we can both find solutions for a wild problem through commerce.
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