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Tyler Cowen - Hayek, Keynes, & Smith on AI, Animal Spirits, Anarchy, & Growth

Dwarkesh Podcast

NOTE

The Evolution of Anarchy and Collusion

Anarchy exists within government structures at various levels, demonstrating the need for collusion for things to function. The speaker argues that anarchy is pervasive and contends that anarchy itself evolves enough collusion to enable its persistence. They point out that anarchy does not necessarily lead to destructive outcomes, citing examples from medieval Iceland and Ireland. The speaker acknowledges the potential for anarchy to devolve into chaos, but suggests that controlled anarchy could be preferable in certain situations, as seen with North Korea and the issue of loose nukes.

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