Dwarkesh Podcast David Friedman - Dating Markets, Legal Systems, Bitcoin, and Automation
Aug 9, 2021
David Friedman, an anarcho-capitalist economist and legal scholar, dives into fascinating topics such as the mechanics of the dating market and the evolution of reputation in privacy-driven societies. He shares his predictions on Bitcoin and discusses the challenges posed by regulation on global progress. Friedman also critiques modern legal systems and explores the intriguing effects of automation and AI on wealth disparity. With a unique take on property rights and career paths, his insights challenge and inspire thoughtful consideration of contemporary issues.
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Dating Market Efficiency
- The dating market isn't perfectly efficient due to search costs and varying individual preferences.
- Online dating hasn't drastically improved efficiency, possibly due to limitations in algorithms and business practices.
Arranged Marriage Encounter
- David Friedman recounts meeting a woman whose husband was chosen by her parents.
- This experience challenged his assumptions about arranged marriages, highlighting cultural differences in relationship success.
Bureaucrat God and Efficiency
- David Friedman uses the concept of a "bureaucrat god" to illustrate economic efficiency.
- This thought experiment compares real-world outcomes to an ideal scenario controlled by an omniscient, benevolent entity.
