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#15 – Naval Ravikant and Brett Hall: Knowledge, Constraints, and Truth-Seeking Mechanisms

Arjun Khemani Podcast

NOTE

The Truth and Validity of Market Constraints

Markets expose a form of truth through consistent voting./nMarket constraints are not infallible or unchangeable./nThere is a level of truth in the constraints imposed by free markets./nNatural physical constraints are likely more valid than cultural constraints./nSpeed of light example reveals constraints on travelers./nFree market constraints are a fact about physical reality./nWealth is generated by creating value./nConstructing an explanation of what works is an objective fact about reality./nReason and physics are important.

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