Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
And at his stage in history, he's able to set aside nice worry about inequality and say, when I look at the data—and this is true for the macro data at mid-century— incomes are actually converging, right? And also, if you look historically, if a country goes from, say, a more feudal agrarian society to a more market-based society, incomes will converge.
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