American Monetary Association 290: Cost of Complexity & the Solutions with Etienne Deffarges
In today's 10th episode, Jason Hartman talks with Etienne Deffarges, author of Untangling the USA: The Cost of Complexity & What to Do About It, about some of the most pressing issues facing the country, such as health care and our banking system. They look at what exactly is causing the issues, but don't just focus on the problems. Etienne and Jason also discuss the most important part of the problems: their solutions.
Key Takeaways:
[2:26] We as a society make things much more complex than we need
[7:51] Etienne's solution for health care
[14:04] How can we improve the world of finance?
[18:15] Etienne is in favor of banks having to have a higher equity to debt requirements
[21:35] With all of these problems in the world, what's the solution?
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