The Boeing Lesson
The Gist
Peach Fish Productions
4.5 • 3.7K Ratings
🗓️ 28 March 2019
⏱️ 32 minutes
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Summary
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| 0:00.0 | Show may contain my tips for making money on Bitcoin. |
| 0:02.7 | It won't. |
| 0:03.7 | It also may contain explicit language. |
| 0:05.5 | And it really might. |
| 0:06.5 | ["Made a Love Song"] |
| 0:10.1 | So Wednesday March 27, 2019 from Slate. |
| 0:12.9 | It's the gist on my Pascale. |
| 0:15.1 | So you get the Las E Far theories of markets, |
| 0:17.8 | which is pretty much the open markets theory, |
| 0:20.6 | libertarian theory. |
| 0:22.1 | It's the governing theory of most of the right. |
| 0:24.8 | And it says something like, the markets will correct themselves. |
| 0:28.7 | We don't need excessive regulation, |
| 0:31.1 | because businesses that offer products and services |
| 0:34.7 | will be properly incentivized to make good products and services |
| 0:39.4 | because if they made bad products and services, |
| 0:41.7 | then the customers will know it. |
| 0:43.1 | And the customers won't buy it. |
| 0:44.4 | And the customers won't patronize it. |
| 0:46.0 | And the companies will suffer. |
| 0:47.5 | You see how all the incentives align. |
| 0:50.8 | And the consumer doesn't need to be protected |
... |
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