StarTalk Podcast: Freakonomics, with Stephen J. Dubner & Neil deGrasse Tyson
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- Опубликовано: 15 окт 2024
- On this episode of StarTalk Radio, Neil deGrasse Tyson sits down with first-time comic co-host @TheJamesAltucherShow, host of The James Altucher Show, and Stephen J. Dubner, author of Freakonomics and host of Freakonomics Radio, to answer fan-submitted Cosmic Queries about the stochastic world of economics.
We discuss the economics of asteroid mining: would resources brought back from an asteroid completely de-stabilize global markets? How feasible is asteroid mining as an economic solution? What would happen if you brought back water from an asteroid? You’ll learn why an influx of resources from an asteroid might create industries we haven’t seen before. Also, Neil explains why weight is the most important thing when moving things in space.
Next, dive into the trends of a recession. You’ll hear whether recessions happen in cycles and if they’re easy for economists to predict. Stephen and James give their assessment of our current economic climate. We debate private vs public space exploration and how space exploration serves as an engine for future economic growth. Neil weighs in on whether we should send people to the Moon or to Mars and Stephen wonders how concerned we should be about an Earth-ending asteroid.
Find out why Stephen says you have to set aside your moral compass when studying analytics. Discover what the most important thing to look for is when using statistics. We also discuss why the United States healthcare system is “bizarre.” Stephen gets to ask Neil his own Cosmic Query about the dangers of contaminating our solar system with Earthly microbes. All that, plus, we look towards the future and investigate the use of artificial intelligence in the world of economics.
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About StarTalk:
Science meets pop culture on StarTalk! Astrophysicist & Hayden Planetarium director Neil deGrasse Tyson, his comic co-hosts, guest celebrities & scientists discuss astronomy, physics, and everything else about life in the universe. Keep Looking Up!
#StarTalk #NeildeGrasseTyson #Freakonomics
Neil, I love you but YOU HAVE TO STOP INTERRUPTING YOUR GUESTS.
That is all. Love you man
😂😂😂
I wonder if Neil will have to wait a couple of years before he gets back on the Joe Rogan Experience.
Really wish Neil would stop interrupting answers! If it's not your field, let the expert answer please
tommy aronson man you’re cool
I think he gets too excited haha just exemplifies his concern and curiosity
😂😂😂
stfu
Experts ? We destroyed 90% of all silver mined. Silver is what cure you and make our smartphones work. We do not need water gold or diamonds
Neil "I interrupt for a living" DeGrasse "I Freak out like a child when I get interrupted myself" Tyson
He is just a big kid, he has admitted this fact many times and ask us to forgive him.
Needs more upvotes. Get on it Youtub-e-Verse
Neil, Neil, NEEEEEEEEEEEEEIIIIIIIIIIIIIIIIIIIIIIIIIIIIILLLLLLLLLLLL, LET THEM FINISH SENTENCES! I love you but ugh, it's bad.
He just like to inform, even his guests listen to him because he knows mathematics. He worked in Congress for two Presidents, he does let people.
@@adorable6385 I'm a long time viewer and fan of Neil. He's great. He's way more interesting to listen to than most others doing the same thing. And, as a long time viewer, I know that Neil does this even when HE is the guest on someone else's show. I think you're referring to his interruptions to elaborate on something that may be confusing to some people, and I get it when he does that. It's when the guest can't get a full sentence out that it gets distracting. It happens even when it's not something educational. Lol, watch someone try to tell a slightly longer joke without him cutting them off. Again, I love Neil. This is just one of his bad personality traits.
Congrats for reaching *800.000 subscribers!*
The Exoplanets Channel : THATS HOW MANY BEEN INDOCTRINATED TO SCIECE FICTION .!!!!!! .😎🤣😆🤣😎.....
Neil is a great orator but not a good listener. This helps of course when you are educating but not a lot when you're learning from the others.
It's besides he thinks he knows more than they do are trying to "educate" them. He only does that to people who try to argue points he makes. This was probably the most confrontational Star Talk i've heard in quite awhile.
These shows are so insightful and I learn something new every time I watch a episode. For example I never thought about diamonds being in a controlled market vs gold being on a free market. I’m slowly/patiently but surely learning about the financial markets so I can trade. Thank you all at StarTalk for these free educational and thought-provoking shows.
Learn something new in every episode...and getting more and more frequent...how many times can you interrupt a person in 45min.
So far I am not getting to hear the comprehensive responses from the experts. Neil needs to allow the experts to respond without interrupting
CJ willz these two guys aren’t experts in economics. If you really want the truth of economics then LearnMMT, Modern Monetary Theory, also known as Soft Currency Economics, or Mosler Economics. Start here:
ruclips.net/video/g6rlprwQB5E/видео.html
Once you done with that I’ll send you more vids to watch.
@@MichaeldeSousaCruz thank you. Your very thoughtful. I do actually study economics so i wasnt looking for a lesson. I wanted to hear their thoughts within the context of the "startalk" show. And while neil had some great contributions i thought some of his reasoning was a little misinformed. One guy was a former fund manager and i dobt remember what the other guy does but i would think they have more experience and knowledge of finance and economics than neil does.
Edit: i googled stephen j dubner. I suppose neil should have had an actual economist on the show. Maybe thats why he was talking over them so so much because he felt his knowledge was on par with theirs.
CJ willz are you familiar with Mosler Economics, aka MMT?
For myself, I wouldn’t trust a word of economic thought from a hedge fund manager, especially when they call themselves “conservative”. It makes it even more apparent that such an individual doesn’t understand that the US government is the sole creator of the US dollar, which means they are a monopolist that can create unlimited dollars and as monopolist the US Government price setter for anything that is available to sale in its own currency.
@@MichaeldeSousaCruz Rather, that's an ignorant scam. You know that, it's why comments are turned off.
Niel, I love you man, but I have not been waiting for years to have economics repressented on a science-show like yours, only to have the hosts interrupt the guest, and not let them explain their professional points of views.
I feel like the point made by Stephen truly shines through; Economics though it is a social science, is a science none the less. It often gets dismissed by those who dont understand the broadness and importance of the subject.
I think this happens because people dont understand what economics truly is. Many think of economics as a study of money, of efficiency, or something to do with accounting or some other thing, when in reality economics is the study of human behaviour under the conditions of scarcity. This is the reason why in todays society the most valuable commodity is information, because information is the key to understand, influence an predict how people behave in given situation. This is the very reason why companies like facebook and google are multi billon dollar companies. I truly believe that economics is a valuable and often underrated science when it comes to legislations and politics, because like I said, people don't understand what it really is. Stephen tried to explain this with his talk about morality. An important factor in economics is to not let you personal opinions and beliefs, or even morality affect your analysis, because you are not trying to figure out what you want to happen, or what you think should happen. Especially in macroeconomics you are often trying to predict the affect of different actions, based on data, AS ANY SCIENCE SHOULD!, and not in what you ideally or morally think should happen. Morality is for the politicians, economists worry about consequences.
Anyway... Sorry for going on a rant. But economics as a science is something I feel very passionate about, as it really grinds my gears when it gets disrespected, especially by natural sciences. I dont mean to offend anyone, I try to keep an open mind about other sciences, and seek knowledge from anywhere possible. My only wish is for scientists regardless of field of expertise, to show respect and understanding for each other, and to not be bumptious.
I feel like he does it more for the audience. You can see the guests dont mind as they start to ask him questions rather than waiting for him to finish.
@@YouCantParkThereMate Thank you for your input. You might be right about Stephen not minding the interruptions. However that was not my point at all. My issue is the lack of respect and understanding for the field. I have no doubt in my mind that Niel is a smart man, has a very broad knowledge, and tries to learn about the field, and work of the guests he interviews, for a multitude of reasons. But I don't understand why you bring in a guest, a so called expert, and then dont give them the credit they deserve. Niel does bring up some valid points, no gonna deny that, I would just like to hear Stephen talk more as it is a rare sight to have economics represented in the science community.
And I know economics the same sexappeal as a boiled potato compared to astrophysics, but it is an important part of our everyday life, and even though everyone doesn't need to be an expert, everyone can benefit from have a better understanding about it. Most people I talk to have practically no idea what it is about. most have heard about supply and demand, but seldom do people grasp the enormity of uses of this concept, and how it affects us. All Im really asking for is to have the experts explain the problems/situations using the knowledge from their field.
It’s not hard science though, even though I’m an economist myself. It is much more subject to bias than most natural sciences and relies much more on assumptions of human behaviour.
@@rvanzo925 I agree its not a natural science like physics, I never claimed it to be that, quite contrary, I defined it as a social science; but it is a science none the less, and that is the point of it all. You are right there is a possibility for bias in the work , but like i mentioned in my initial reply, that is why subjective thoughts like morality, is an important part to leave out of an economic thought process, at least in the analytical part. I agree that assumptions is almost always an intrinsic part of economics, but that is because it is a social science. All science regarding human behaviour, needs to make assumptions in order to move forward. Assumptions is not necessarily a bad thing, it means there are still work to do. Even natural sciences work on assumptions at times. Take Newtons law of gravity, as an example; at the time of conceptions, the assumptions was that gravity worked non-relativistically, but that is not the case. Newtons laws only works in low gravity fields. Other than that you need to use general relativity. And like social sciences Newtons theories needed work and testing before being accepted. The main difference is that often in social sciences we are more aware of the assumptions we make. Where as in physics you are seldom aware of these assumptions before the limits of a otherwise proven theory is discovered. i.e. why the orbit of Mercury acted different that all other gravitational theories predicted at the time (1915)
Im not saying economics is the most important thing in the world, what I am saying is that economics holds knowledge that other sciences does not. And that knowledge is a part of our world whether we like it or not, and to ignore it would be foolish. Not lethal, not necessary dangerous, but it will limit our understanding of the world and the people we share it with.
He challenge his guests not interrupt, interrupt is not needed here. He challenges most of his guests and they know he does. Notice how angry the gentleman got, raising up in his seat. It's a debate to Dr. Tyson.
Another famous example of an aircraft, that used wood as it's major building material, was the World War II British DeHavilland Mosquito. It was at first conceived by Geoffrey DeHavilland, owner of the company, that bore his name, and also famous for the Comet airliner, as a fast bomber. It went on to serve in many roles; bomber, nightfighter, anti-shipping and anti-submarine roles, reconnaissance, etc..
Sorry Dr. Tyson, you mentioned the circumstances of the invention of the touchscreen technology, and I'm sorry I don't think I understood that correctly. I've been reading a bit about it and haven't found any information about what you said. Could you please clarify that? Thank you for everything! Big fan here!
"Let me finish a sentence." Uh huh, they are straight up telling you to your face. I know a lot of really smart people that are like this too. Can give you the answer to anything, but lack the most common sense.
This is his show so if they don't like it then don't come BIG Facts 💪
Love ya Neil but man you interrupt your guests way to much.
Cory C : WHEN EVER , THE GUEST , COMES CLOSE TO THE TRUTH ? , ( HE HAS TO CORRECT THEM ) !!!!!!! . TO AVOID THE TRUTH .!!!!!!!!! . 😎🇺🇸😎🤣😂🤣....
You're right tho. I mean face it...he isn't wrong on most of the stuff he says lol
20:08 Guys it was a 10. TEN!!
ooooo knowing the economy right now while watching this is great lol
looking for your comment pal
Excellent, thank you Neil!!
I was about to make a comment about Tyson constantly talking over his guests. But it looks like you guys have it covered.
This was awesome, needed much more......
best co-host I have seen on your podcast
Wow, I think this is the first time I've seen Stephen's face. Listened to SO MANY of his episodes, I always thought he was younger haha
Poor Neil couldn't get a word in edgewise. These two guests totally dominated the show with their incessant interruptions!
I feel Neil had a bit too much coffee before this episode!
Interesting dubner asked about cross-contamination! So much relatable now!
25:55 That would never work from a psychology perspective. Those kids would essentially be exposed to a child actors' life. Best astronauts have always kept a low public profile prior to their space missions, and that's not a coincidence I think. Astronauts have to have a mental zen most people don't and that's in part due to their training and life experience leading to their career. The number of people who'd want them to fail vs. the number of people who'd want them to succeed would essentially put their public and private characters in a tug of war which is likely too unpredictable to invest in. What if they get run over? Then you'd be dealing with a public tragedy having the opposite effect of getting people excited about the mission. You mentioned drugs. Is this going to be in an elimination type format? So if one kid suffers depression and neglects their health, are you going to move on to the next candidate? My point here is that people aren't supposed to be put on permanent American idol from a young age. You could make a Top Chef style competition to pick an astronaut though.
I bought the very first Freakonomics book :-D loved it
Does Homoeopathy work or it's just a placebo effect? Is the theory of high dilution completely fake? Give us your view on Homoeopathy and other alternative medical branches.
I think the way that you couched the question demonstrates that you already know the answer.
People complaining about the host interrupting. I think Dr. Tyson has limited time that has to cover everything that he has planned. IMO Interruption is part of getting the main details.
Always learns something
I love u Neo - what is the = sign and how does it balance all equations in the universe - is pie involved in balancing infinity - also does the universe end happily ever after or does it go horribly wrong??
It's hard to hear even with studio headphones when Neil is giving one of his moving anecdotes.
He does this to all his guests and they know he challenges information to get the facts for us.
@@adorable6385 I meant it's just hard to hear him. ;p
Well this was a fun post. A topic I am SOO uneducated in that I can not even have an opinion on it.
I'm gonna go back to coloring inside the lines now. lol
when I was young , me and my brother new this is real, you guys are behind us.
Love theses shows :)
In the wonderful book “Periodic Tales” by Hugh Aldersey-Williams, the history of the changing popularity and economic value of the elements is given. I recommend it.
Neil is a knowledge machine with so much knowledge he doesnt know what to do with it.
Neil let people talk dammit, i love you man but jeez ....
I feel like more gold along with some other rare elements i am not smart enough to name would change a lot. Electronics SHOULD become cheaper. You're talking about this as i write so ill wait until after podcast for my opinions :)
" This is startalk I'm your host Neil degrasse Tyson your personal astrophysicists "
My favorite line from Neil
Mine is "The universe is under no obligation to make sense to you"
UltraVioletDreams mine is “ poo poo da daa “
13:45 great question
Spacex for the win.
Neil IS the expert, on all matters contained in the universe. And was on Bojack. So let him interrupt.
I just understood how civilization works...WOW
good lord this was good! vary informative for a future space miner!!
lol probably one thing that will kick off the industry will be the cost of war vs. cost of asteroid mining. How much does a war in Afghanistan cost including the human cost to establish facilities for mining natural resources? A dark thought indeed.
I have a good question .....if we can estimate the amount of water every human that has ever lived had drank ..now this being based on accumulated intelligence from every subject from the beginning of human learning up until now...if we do grab or mine an asteroid and find out our best predictions were dead wrong...would that change alot of theories that have been put forth.. considering math is entwined in everything, and every category???
This is so surreal watching in 2022, them predicting from 2019 that the US economy would crash in the next 4 years, when it BOTH crashed and ripped since 2019 due to an unforseen pandemic
come on neil let people talk, your guess looked a little annoying for a minute, a man come on you have to let them talk first and then you man. love you
Sample size is definitely key! All too many times I hear of "a recent study" that shows 80% of Americans like this or that. Then you see that there were only 600 people in that study. I immediately ignore that "80% of Americans".
Jeff S 600 people in a study is a lot and can be generalized quite accurately if it is a representative sample.
I wanna see dubner and levitt on rogan.
neil is a great guy and expert in his fields. but i want to hear dubner put some sense into some of rogans self proclaimed ignorance on economics
Neil DeGrasse Tyson
Oh shit ! This is awesome
@10:19 gold ranks third on a list of metals with high conductivity. silver is above it and copper is number one for conductivity.
en.wikipedia.org/wiki/Electrical_resistivity_and_conductivity
Expensive recording studio microphones and lots of high-end electronic gear use gold as a film on diaphragms, coating on connectors. Any supply would find a buyer.
😂😂 Ive been putting off watching this until I could pay full attention, Today I pressed play and found out he’s not interviewing Fred Armison..
put a lot of effort and resources into mining asteroids then... you will get your investment back and civilization will rise 1000x fold
I think for such podcasts should be used lavalier mics, people are moving and the sound is either very low or high in dB.Very annoying to listen both with Headphones or Speakers.
Hi Neil, can you respond directly to my message than your office? I am big fan but I get the middlemen!! Here is my comment for you! You are my inspiration! I can tell you more if you respond directly
So glad Neil has interesting guests on the show so he can interrupt and talk over them.
Good job Dr. Tyson next time can you go over why humans have not followed the basic functions of evolution for so long. Mutation, gene flow, genetic drift, sexual selection and so on; in the same abrupt way as animals
OMG 2 of my fav podcasters on 1 show! :O
Desalination facilities might be a bit more simple than mining for water in space.
I think the point was mining giant blocks of ice for water in space for space. Lauching it off the planet would be more expensive than finding it in space and delivering it on a station or even landing it on a planet. Maybe even processing it into bottles on a station and simply landing the product with parachutes. Less energy to move mass in space.
Did you get what you wanted
Yes
What did it cost
Everything
Economist: this is an opportunity.
Enjoyed it alot
A.I is bulls**t don't really increase your expectations buddies
That comedian dude... He didn't realize he was there as a comic relief, i guess. It was uncomfortable to watch him act as an expert. Whenever there is another comedian I always miss Chuch, though. He and Dr. Tyson has awesome chemistry!
Actually there is taste testing AI, however, the creators do have to manually input what is flavorful, tasty and what isn’t. So is it really AI?
20:12 well obviously that prediction didn't age well
Omg that’s dubner? So different that what I imagined
"There will be no more big, great recessions." Talk about jinxing yourself. get these 2 back post covid.. would love to hear what they have to say now.. o.O
If you were right now people would be starving and there wouldn't be bail out money.
Gold is used to for shielding
James Altucher looks like college Ted Mosbey
Sounds like some people need to read Kim Stanley Robinson's Mars Trilogy :D
Hi Neil if we are bringing back water from asteroids wont the pressure of atmosphere and heat make the container explode
If it's pressurized and heat-shielded, it should make it safely, like any other person or cargo that has been brought from space.
Where will you put all the extra water you will be mining?
An asteroid of diamonds effecting the price of diamonds is a terrible example. The prices of diamonds is already manipulated by throttling how much is released to be sold vs how much is already stockpiled. They release a small amount compared to what they have mined to keep the demand high and the supply low.
There is more water on a typical comet than has ever been drank by humans. Really???
Yeah, I feel like that one was off. lol
Everyone is getting older at all times! Relative only to those that are conscious at the present time, surely. Everyone as a generalized noun could include those whom have passed away... Just saying 😜
20:00 if only they knew...
29 likes for what? Video hasn't started.
NM, it's NGT! I CLICKED LIKE ,TOO!
Wut-wuuut?
everyone is getting older at all times
27:20 - I disagree, it would give humanity more chance of survival if we lived on two planets, that is if we can work out how to live on mars, also it would be a whole new exploration. Although you could argue we don't need people to explore Mars, we can send robots. But still it's a good idea to live on mars if we want to improve humans chances long term.
(About 2 hours and a half before premier)
I assume this is prerecorded, however, if you want questions, things to fuel discussion, I have questions:
- Does investing in science make sense?
- What is education return on investment?
- Can economy explain moon landing conspiracy theories?
- How has space exploration helped the economy?
- How would asteroid mining impact the economy?
- Is it worth to send humans to other planets? Or are robots enough?
- Any advise for people losing jobs due to automation?
- What kind of currency should a type 1 civilization use?
- What can we infer about alien economy? Is there any techno-signature for economy?
- If we want to trade with aliens, can we do better than barter?
- Will it ever make economic sense to throw things at a black hole?
- What are the economic incentives for ancestor simulations?
- Can economy tell us how we should act if it turns out we are in a simulation?
- If you were in the business of making universes, what features would you put in?
Ha, I bet there is enough material to make a new video with Dubner!
Addenum: I bet some people will want to post answers to me as responses. I want to make it clear: I intended this question to open discussion, not as things I personally want to know. Also, I would prefer a video than comments, however... if you want to post answers below, you do you.
all irrelevant questions we gain nothing from knowing the answers to any of these..if you cant answer these questions logically on your own and understand they are pointless then this video and others like it are to advanced for the level you are currently on. just saying this is in general not meant as an insult even though some things cant be taken any other way....
@@iahmmei1849 I see them as entertainment.
Marx spent 30 years developing a science for some americans to call economics 'random'
Love NDGT but man stop interrupting the guests let them speak
I want to mine asteroids not to become a trillionare, but to eliminate scarcity; bringing home an entire world made of rare earth metals will change society globally.
That's kinda how you become a billionaire though. By bringing something that people value to a lot of people (and capturing a small percentage)
I wish that next guest is Elon musk.. and have a podcast of atleast 4 hours 😅
Shubham Sharma ; HE PERFER HIS GUEST AS STUPIT , AS POSSIBLE .!!!!!! . TO INDOCTRINATE , THEM .!!!!!! . 🤣😂🤣📚.....
What was the last thing Neil said? His voice dropped too low when he said what the economist asked. What did the economist ask?
The scientist asks “Why does it work?”
The engineer asks “How does it work?
The economist asks “How much does it cost?”
I feel like before this show, they watched Steven Wright.
Neil's co-host is cracking me up with his sly digs at Neil for being interruptive. Going straight over NDGT's head.
@27:02 "What's the point of sending people to Mars?" asks Altucher, it was answered years ago:
"The first question which you will ask and which I must try to answer is this: What is the use of climbing Mt. Everest?
And my answer must at once be, it is no use. There is not the slightest prospect of any gain whatsoever.
Oh, we may learn a little about the behavior of the human body at high altitudes, and possibly medical men may turn our observation to some account for the purposes of aviation, but otherwise nothing will come of it. We shall not bring back a single bit of gold or silver, and not a gem, nor any coal or iron. We shall not find a single foot of earth that can be planted with crops to raise food.
So it is no use.
If you cannot understand that there is something in man which responds to the challenge of this mountain and goes out to meet it, that the struggle is the struggle of life itself upward and forever upward, then you won't see why we go. What we get from this adventure is just sheer joy, and joy, after all, is the end of life. We don't live to eat and make money. We eat and make money to be able to enjoy life. That is what life means, and that is what life is for."
George Herbert Leigh Mallory, probably the first person to get to the top of the Everest.
Why space time curves when mass put on it
No one knows
this guy really thinks we should go mine water in space when we can't even get it across the globe enough to some places =/
Maple Syrup has a cartel as well
Rubber as well
I didn't like this episode.
NDT is annoying in terms of not letting guests answer without interruption!
The price of a commodity generally is determined by the socially
necessary labour time required to produce it. Gold's value is high
because it requires a lot of labour to produce.
5:55..."is it precious because it's rare or is it precious because
it's useful"?...
But the investors who financed the mission would own of the gold, diamonds, etc., not the "global citizenry.
7:18..."it would help put resources in the power of the global
citizenry as opposed to the cartels"...
Why "growth"? Slave nor feudal modes of production were structured around constant compound growth. And look where this capitalist mode of social production based upon this unnecessary concept of constant compound growth has gotten us; a the doorstep of a sixth great mass extinction.
24:23..."engines of growth economies"...
Yeah, that's the 𝑖𝑑𝑒𝑎 but the reality is something different. Capital
doesn't wanna pay any taxes and in many cases get 𝑟𝑒𝑏𝑎𝑡𝑒𝑠!
29:47..."what the government does do is release the patents so
that you make a boatload of money and you pay taxes"...
How about the landscape of actually understanding the physical universe?
30:27..."and they're lookin' why [study stem]? Because there's no, there's no
landscape out there for them to arrive on after they've actually
gone through that exercise"...
How about the law of value?
34:15..."economics has about one law that's like a physics law
and it's basically supply and demand and how price works within
that"...
Perhaps the question should be, what's better for the working
population, the class of people who actually do all the work?
34:37..."okay, private versus public health care what's better
for the economy."
"I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society."
Albert Einstein, Why Socialism? May 1949
Society would benefit greatly if physical scientists learned Marxist science
like Einstein did, and help the species so throw off this scourge of competitive capitalist relations of production, appropriation and distribution that leads necessarily to wealth concentration, increasing poverty side by side with leaps in the productivity of social labour and constant wars. Physics and chemistry has allowed us to understand the laws of motion of the physical universe but not of society. Marxism has done this.
I always feel like they're not even gonna be able to finish the question. lol. Once you notice it, you can't ever miss it again. It's makes me feel awkward.
The 99 crach was the tech bubble burst. If you didn't see it coming, you should have. The 2008 was due to greed and moral hazard only.
Solar panels and electric vehicles
If they laid all the economists in the world end to end, they still wouldn't reach a conclusion.
Joe Rogan still gets more views, amazing!!
And?
Couldn't you just drop gold to the surface in a desert; so that it's delivery cost would be pretty much zero (don't have to decelerate it)? It can't be destroyed by any known heat other than fluorine. Water you'd have to decelerate (haul it to the surface) or it would turn to gas and then be a climate issue.
Hey SMT, think of it on this level. You pretty much have a giant ballistic missile from that altitude (really a small asteroid) explosion on earth. Land or sea. Maybe some type of in between point. Maybe guidance systems can be improved upon. It's an engineer's dream to figure that one out. Cool to think about ways to get there. Great question!👍