yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Free Markets Are Intrinsic to Humans


less than 1m read
·Nov 3, 2024

Overall, capitalism is intrinsic to the human species. Capitalism is not something we invented; capitalism is not even something we discovered. It is innate to us. In every exchange that we have, when you and I exchange information, I want some information back from you. I give you information, you give me information. If we weren't having a good information exchange, you would go talk to somebody else.

So the notion of exchange and keeping track of credits and debits, this is built into

More Articles

View All
How to Navigate the Different Life Phases
But also you say, for example, the second phase, the part that I’ve been in tends to be one of the unhappier times of life. You think about how much you’re worrying about your kids and whether they’ll be okay, and all the struggles balancing work and fami…
The Black Hole Bomb and Black Hole Civilizations
Black holes are the largest collections of pure violent energy in the universe. If you come too close, they’ll devour you and add your energy to their collection. And so, the energy is lost to us forever. Or is it? It turns out there’s a universe cheat co…
Tiger Shark Database | World's Biggest Tiger Shark?
NARRATOR: Next day, back in the Polynesian town of Papetoai, they visit an expert who ID sharks by their fins. So we were hoping to see if you could look through some of your databases. NARRATOR: Shark scientist Nicolas Buray keeps a photo archive of Tah…
Labor and Capital Are Old Leverage
So why don’t we talk a little bit about leverage? The first tweet in the storm was a famous quote from Archimedes, which was: “Give me a lever long enough and a place to stand, and I will move the earth.” The next tweet was: “Fortunes require leverage.” …
Humans don't have needs
Humans don’t have needs, so that’s a deliberately provocative title. We do talk about things that humans need; we say humans need food, shelter, love. What we usually mean by a human need is something that humans require to stay alive or healthy. We say t…
Neil deGrasse Tyson on a Dystopic Future | Breakthrough
It’s always been a curious fact to me that the most successful science fiction storytelling involves completely dystopic scenarios or finales, and all of them, essentially all of them. Now maybe at the end they give you some glimmer of hope, but somethin…