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.Naval: Marxism, besides denying human incentives, also has a problem where it just assumes that everything is finite and we're all just dividing up the same small set of things. Well, the cavemen didn't have color TVs, computers, cars, antibiotics, or medicine. They were not sitting around dividing up...

163,525 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von Arjun Khemani
Arjun Khemanivor 1 Jahr

My full conversation with @naval:

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Trump2024Filmvor 2 Jahren

There's only one way to fight back against the Marxists, Socialists, Globalists, and Communists ruining our country...

Profilbild von Maren Kahnert 🦊⚔❤
Maren Kahnert 🦊⚔❤vor 1 Jahr

@naval They should teach this👆 at school, but they teach our kids the opposite: "Tax the rich because it's a zero-sum game."

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Middle Age Dadvor 1 Jahr

@naval David Deutsch says wealth is the set of physical transformations that we can affect. Best wealth definition ever!

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Mattvor 1 Jahr

@naval This is fundamental thinking right there.

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BDSM Tokenvor 1 Jahr

@naval Ride the wave with $BDSM, it's a game-changer! 🚀💰💡

Profilbild von Podcast Notes 🗒️
Podcast Notes 🗒️vor 1 Jahr

@naval Full notes!

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Erick Turricellivor 1 Jahr

@naval great interview @arjunkhemani , keep going

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Aaki...vor 1 Jahr

@naval Need to read more to understand this

Profilbild von Michael A. Markosian, M.D.
Michael A. Markosian, M.D.vor 1 Jahr

@naval “Wealth is the set of physical transformations that we can effect.”

Profilbild von Vladimir Milosevic
Vladimir Milosevicvor 1 Jahr

@naval Wealth is more like energy then like stuff. It is a power to get stuff going.

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.Naval: You define wealth in a beautiful way. You talk about wealth as a set of physical transformations that we can affect. So as a society it becomes very clear that knowledge leads directly to wealth creation for everybody. A given individual can obviously affect physical transformations proportional to the resources available to them—but much more proportional to the knowledge available to them. Knowledge is a huge force multiplier. You then define resources as the thing that you combine with knowledge to create wealth. New knowledge allows you to use new things as resources and discard old things that maybe we’re running out of. There are lots of examples of how we’ve done that in the past. For example, in energy we’ve gone from wood to coal to oil to nuclear. But then people say, “Now we’re out of ideas. Now we’re caught up. Now we’re done. There aren’t going to be new ideas, and now we have to freeze the frame and conserve what we have.” The counter to that is, “No, we’ll create new knowledge and have new resources. Don’t worry about the old ones.” Well they say, “If you’re going to have new resources, if you can’t think of them now, it’s not real.” This now gets into the realm of people demanding that if you’re going to claim that new knowledge will be created, you have to name that knowledge now. Otherwise it’s not real. But that seems like a Catch-22. David Deutsch: It does, and it’s a bad argument. I don’t want to claim that the knowledge will be created. We’re fallible; we may not create it. We may destroy ourselves. We may miss the solution that’s right under our nose, so that when the snailiens come from another galaxy and look at us, they’ll say, “How can it possibly be that they failed to do so-and-so when it was right in front of them?” That could happen. I can’t prove or argue that it won’t happen. What I always argue, though, is that we have what it takes. We have everything that it takes to achieve that. If we don’t, it’ll be because of bad choices we have made, not because of constraints imposed on us by the planet or the solar system. Naval: It will be by anti-rational memes that restrict the creation of knowledge and the growth of knowledge. David Deutsch: Maybe. Or maybe it’ll be by well-intentioned errors, which nobody could see why they were errors. Again, it doesn’t take malevolence to make mistakes. Mistakes are the normal condition of humans. All we can do is try to find them. Maybe not destroying the means of correcting errors is the heart of morality; because if there is no way of correcting errors, then sooner or later one of those will get us. Naval: Don’t destroy the means of error correction is the base of morality. I love that. I think about places like North Korea where you can’t have elections and a revolution is very difficult because the gang in charge is armed to the teeth and they’ve destroyed the means of political error correction for a long time. That is a case where humanity is trapped in a local minimum, and it’s very hard to climb out of that hole. If too much of the world falls into that mindset, then we as a species may just stagnate because we’ve lost our biggest advantage. We’ve lost our biggest discovery, which was the ability to make new discoveries.

Deutsch Explains

143,913 Aufrufe • vor 1 Jahr

.Naval: Epistemology, which is a fancy word for the theory of how knowledge grows or how knowledge growth occurs. And we've all been told since we're young that there's a scientific method and that scientists sort of do this stuff in white lab coats and we're supposed to accept it because of this thing called the scientific method. And then they give us true beliefs that we can then say, well the science is settled and we take that we move on. And we all only have a very, very vague understanding of how this works. And people say, well maybe you go out in the real world, you look at what's happening, you make all these observations, and then based on that you form a theory, you test the theory against more observations, and the more observations you get the closer you get to the truth. And once you have enough observation it's true and then you call it a scientific theory or a law and it's settled and you move on. And this is the popular conception of how science works. And as Popper pointed out and as you take even further, this is completely wrong. And so I'd love for you to get into that, which is what is knowledge? How does it grow? What is the real scientific method? And how do we figure things out? David Deutsch: I love the way you just stated the prevailing view there and laced every aspect of it with the contempt that it deserves. So you just went through touching every base. It's amazing that this series of misconceptions is still common sense. I mean, that it was common sense at a time when we didn't really have science or when science was just starting up, when the main issue in science was freeing itself from dogmatism, freeing itself from religion, freeing itself from authority, and so on. There it was understandable that people would look for an alternative source of authority and they would think, oh, it's sense impressions. We can see the world and you know, these religious people, they can't even see God and so on. And so we are confined to what we can see. That's where we get our ideas from. And as you say, that is completely false. Sense impressions, like all observation, even the most careful scientific observation is all theory laden. And theories are inherently fallible. I mean, we actually want to replace our best theories. Everybody who does a PhD is technically anyway, working to overturn something in the existing body of knowledge. You're not turned away at the door if you say, I don't believe this stuff, I'm going to produce something better. Whereas for most of human history, that was exactly what you were forbidden to do. The idea was that we already had all the important knowledge. If you want to discover something new, what you had to make sure of was that it didn't contradict the existing knowledge. Now, you have to make sure that it does contradict existing knowledge. So more or less. Naval: Yeah, it's this tradition of criticism that you've talked about in the West, that the Enlightenment really ushered in the Enlightenment era. David Deutsch: It has been institutionalized. So in many ways, our institutions are wiser than we are. So the institutions of science, for instance, have this built in, even if scientists actually don't always act that way. In fact, they often don't act that way, and act in a dogmatic way and try to preserve the status quo and are resistant to new ideas and so on. But the institutions, the way the procedures of science work, makes the right thing happen in the end anyway, regardless of what the people are trying to do. Naval: So you're saying the knowledge of the true scientific method is embedded in the institutions of science in the PhD process? David Deutsch: Well, the best scientific method that we know of, and one shouldn't really think of it as a method, you know, there's this wonderful lecture by Popper when he first was made a professor at the London School of Economics. He was made a professor of scientific method, and his first six lectures, I wish the rest of them were, the first six lectures are on the internet somewhere. And he starts the first one by saying, I am the first professor of scientific method in the British Empire. The British Empire still existed at the time, more or less. And so the first thing I want to say to you is that there is no such thing as the scientific method. And then he goes on from there. So this subject does not exist. So if any of you have come here to learn the handle that you have to turn in order to make scientific knowledge come out the other end, you're going to be disappointed.

Deutsch Explains

114,992 Aufrufe • vor 1 Jahr

Elon Musk: A lot of the negativity stems from the axiomatic flaw that the economic pie is static, that it's a zero-sum game. “At my first company I didn't have any money, I just had $100,000 in student debt. That was a company in the very early days, of the Internet, called Zip2. But for all companies subsequently, I basically doubled down. I took the money from Zip2, invested it in X.com-PayPal, and then took the PayPal money, invested that in creating Tesla and SpaceX. It didn't feel right that I should ask investors to invest if I was not prepared to invest my own money. I think the whole other people's money thing is not right. You want to have skin in the game. As a result of that, I own a lot of shares in the company. And the better the company does, the more valuable the shares are. But that's because the pie has grown. And so you have to say what's at the root of a lot of the negativity is an axiomatic flaw. That the pie is static, that it's a zero-sum game, that if someone else succeeds, it's because they took more than their fair share of this fixed pie. But it's not a fixed pie. Obviously, the economic pie has grown considerably from what it was in the past. The output of goods and services, the productivity per person is dramatically greater than it has been in the past. So when you create a new company and you create new products and services, you're growing the amount of goods and services available to people. So you've not taken anything away from anyone. You've created something new and you've given people new products and services they didn't have before. We didn't use to have an iPhone, we didn't use to have computers. We didn't use to have cars or be able to fly in airplanes. We didn't use to have many of the life-saving medicines that we have today. These are all new things. The pie has grown tremendously.” From: Interview with Ben Shapiro, January 24, 2024

ELON CLIPS

987,088 Aufrufe • vor 7 Monaten

🛑 Burkina Faso 🇧🇫 - Captain with school boys and girls! The young Captain was having a conversation with the pupils, and here is what he saying, “I was telling you a while ago, in school they were telling us that we couldn’t do it here. They lied to us. We grow wheat here, and it works well, and we will develop it. Some people have started, this year, I was able to see people who did it, as part of the presidential initiative, and I was told that in the past, some were able to do it and they produced it well. Currently, we are sowing wheat in some farmlands as part do the presidential initiative. What you eat must be produced here. So, this is why I say that we will teach you many things, and we will review the curricula they teach you. For those who drink coffee, they told us that your coffee, chocolate, it is only in the countries with abundant rainfalls, that here is only savanna, desert, it does not rain, we cannot farm. Again, they lied to us. It’s not true! Coffee grows well here, cocoa grows well too. There are people here who have the farms here, even in Ouagadougou here, there are people who have cocoa trees in their yards. This means that, chocolate that children envy those from well to do familes can be manufactured here in Burkina and all the children can eat chocolate in Burkina. We found out it is possible. As for milk, why do we have to import it? We can do it. I just want to tell you that there are many things that they never told us the truth about. You guys are lucky, we are now teaching you, and we promise you that we will do all we can so that you can eat your fill. As we say, you will eat well in the morning before you go to school, you will go to school for free, you will eat lunch, you will have fun, and in the afternoon, when you return home, you will have fun in the neighborhood, then in the evening, you will learn and review your homework and sleep. This is the dream we have. As long as the children in Burkina are not in these conditions, our fight will not stop. Ok? (Claps). So, we know these are your aspirations and it is right and legal. Any parent is fighting for this. Even those who do not have children fight in the hope of having children and to take care of them, so that they can live in better conditions, and be better than them. This is the fight of everyone, this is the fight of every generation. We are lucky God gave us everything. Do you know that everywhere in Burkina we can farm? Everywhere! In the Sahel where they tell you it is the desert, it is only sand, we can farm. As for us, we have been lied to so much, it is the brainwashing of the colonizer. He did that so that we may not think 💭. But we finally found out that everything was a lie ( damn lie, emphasis is mine). If God left many lakes in that desert, He knows why. We can farm everything in Burkina, we can do everything, the land is fertile. And there are so many natural things in Burkina that we never planted but they were here, isn’t it ? Have you ever learned how to plant a shea tree in Burkina? You were born and found them already here right? It is there in the wild in nature. You know it is a gift from God. There are many things in the shea fruit. You have the shea butter, that is oil; do you know that there is chocolate in it? There are seven derivatives in the shea fruit. You also have the Parkia biglobosa (also known as the African locust bean) which is a natural fruit. We have many things, it is not only the minerals in the soil. Even with the soil, we were told that it’s ferralitic soil, that it is not fertile, everything is a lie. You see that today there is so much gold in Burkina. But it is just poorly managed. Our mission is to well manage these resources, and to take good care of you, so that you can be in your basic rights, to lead a good life, to go to school, and that we may protect you. And also that you may fulfill your duties, because your duties are very important, aren’t they?…

Sy Marcus Herve Traore

94,967 Aufrufe • vor 2 Jahren