3min chapter

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Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game

EconTalk

CHAPTER

The Secret of Modern Civilization Is the Opportunity to Trade With Strangers

The secret of modern civilization, i would argue, is the opportunity to trade with people who are not like me. I don't put any a emphasis on national boarders. Soething com from new zealand can come from illinois. And i think that's the way it should be. The market will determine whether i should use that product for new zealand or not.

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