#15 - Struggle Makes us Stronger: The Economics of Equality
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Societies of equals yield only average individuals. Without adversity, the strong grow dull. Without competition, the weak win more ground than they should. What follows is a regression to the mean for all participants. And then, a limited society begins to rot.
Subscribe: https://newsletter.jmk.info
Societies of equals yield only average individuals. Without adversity, the strong grow dull. Without competition, the weak win more ground than they should. What follows is a regression to the mean for all participants. And then, a limited society begins to rot.