It's weird that "humans create value" immediately hits the racism button. Human capital is vastly more important than physical capital. It's why Japan could rebuild so quickly after WWII, but Venezuela collapsed after seizing the means of production.
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Replying to @RogueWPA @GabrielRossman
Yeah, great point. Solid institutions + human capital = progress.
10:21 AM - 26 May 2020
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