Hipster Luddites
The Remnant with Jonah Goldberg
00:00
The Importance of Economic Freedom
In the world of commodities, you have to flatten out risk because one bad weather thing can ruin it. And so you create a commodity or a credit system where you can hedge against downside risk. That requires somebody who's willing to make long-term bets and that completely creates in a lot of ways modern capitalism.
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Transcript
