Michael eisenberg: If we can just translate their wisdom into modern times, we can deal with a lot of the challenges you were talking about earlier. Russ roberts: i'm attempting to define different models of capitalism as we go forward into the third decade of the 20 first century. And at the same time, we have a chinese kind of an economy that we can no longer call socialism.
Michael Eisenberg, venture capitalist and the author of The Tree of Life and Prosperity talks with EconTalk host Russ Roberts about the secret of the Start-Up Nation, the role of principles in investing, and why he's optimistic about technology's contribution to humanity.