4.6 • 2.7K Ratings
🗓️ 11 March 2024
⏱️ 12 minutes
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0:00.0 | Book your ticket to happiness with Sun Express Airlines. This is a |
0:21.0 | a B a Bachelor and Adrian Waldrich, who was badgered at the economist is the author |
0:29.7 | Adrian Waldrich of the aristocracy of talent, how meritocracy made the world. |
0:35.1 | And we've moved through 2,500 years of history right up to the 19th century now. |
0:40.6 | I do not want to leave out Plato, however however I didn't have a moment to include him but |
0:45.5 | Plato writes a republic and in the republic there are doubts about democracy |
0:50.8 | doubts about whether you can trust people to know what's best for them because after |
0:55.6 | all they're working very hard and they live short lives. Doubts also about |
1:00.0 | whether democracy chooses the best leader, doubts also about whether you're ever |
1:06.4 | going to follow a course of action that is rewarded anywhere in this lifetime. |
1:12.4 | That is in the minds of the men and women of the 19th century as we |
1:16.6 | come to not the French Revolution, but the British interpretation of the French Revolution and Adrian identifies two schools of |
1:25.3 | thought in Britain, in the United Kingdom, in the 19th century that are important to explore |
1:32.1 | because they inform how the United States |
1:34.0 | responds as well to the search for brains, for talent. |
1:39.0 | One is the school of utilitarian, the greatest number for the greatest good. The other is the school of |
1:44.6 | economists which is self-interest. Adrian I can't choose between them and I don't think |
1:51.6 | Britain did either is that correct? |
1:54.0 | Oh absolutely and in some ways they sort of supplement each other because the people |
1:58.7 | like Adam Smith and the great founders of modern economics are sort of utilitarian's and they're taking part of the utilitarian philosophy and using it to inform their arguments. |
2:12.0 | And of course the greatest utilitarian economists of |
2:15.1 | the of the 19th century John Stuart Mill is is you know a pure product of utilitarianism |
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