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Lex Fridman Podcast

#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

2498.401 - 2526.118 Jennifer Burns

You know, there's a version in the German-speaking lands, in the French-speaking lands, and in Britain. And they all kind of come together. And the shift... is in the theory of value. So the theory of value in marginalism is on the margin. So say you have one apple and you want a second one, how much is going from one apple to two apple worth for you? Probably quite a bit.

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