The Science and Art of Economics with Peter Boettke & Rosolino Candela, Pt. 2
Hayek Program Podcast
00:00
Using Double Entry Bookkeeping to Increase Productivity
He realized that it took just as much time to unload freight in brooklyn, that's where most of the ships were docked. He simply took cernilus world war two ships and the existing technology and re combined it into a new system. Now just imagine all the goods and services we've been able to enjoy precisely because that entrpeneal effort has reduced cost of transportation.
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