Difference between revisions of "11: Sam Harris - Fighting with Friends"

11: Sam Harris - Fighting with Friends (view source)

No change in size , 10:12, 10 October 2020

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 '''Sam:'''  Right.
-'''Eric:'''  And the funny part about it, the, the hysterically funny part about it is that no capitalists who claim that they're interested in getting rid of the inefficiency that comes from being forced to use your own labor are interested in the model in which you actually pay people for their securitized rights. Because the real thing they're interested in is not the tiny inefficiency, which is called the Harberger triangle.
+'''Eric:'''  And the funny part about it, the, the hysterically funny part about it is that no capitalists who claim that they're interested in getting rid of the inefficiency that comes from being forced to use your own labor are interested in the model in which you actually pay people for their securitized rights. Because the real thing they're interested in is not the tiny inefficiency, which is called the Harberger Triangle.
-'''Eric:'''     01:07:00       There's a giant structure below it called the Morehouse rectangle, which is what is transferred from labor to capital.
+'''Eric:'''     01:07:00       There's a giant structure below it called the Moorhouse Rectangle, which is what is transferred from labor to capital.
 '''Sam:'''  The amazing thing is you've referenced this several times over cocktails.