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Uncovering the Surprising Link Between Private Ownership and Civilization's Success
2 years ago
7
So of course GDP goes like crazy when you got a bunch of people who are spending their own money and owning their own businesses and so on. And nobody in the history of the world that I'm aware of has ever gotten from hunter gathering to modern civilization except through a system where most of the property was privately owned. And by the way, I just said something that's perfectly obvious but it doesn't really talk that way in most education. What worries you most about our economy and stock market and on the other hand, what makes you optimistic? Well, you have to be optimistic about the competency of our technical civilization.
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