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Unless your business is extracting something from the ground, like oil, diamonds or gold, without the help of the majority of the population. From "The Rules f
by 29athrowaway 5y ago
Unless your business is extracting something from the ground, like oil, diamonds or gold, without the help of the majority of the population.
From "The Rules for Rulers" by CGP Grey, an adaptation of "The Dictator's Handbook"
https://www.youtube.com/watch?v=rStL7niR7gs https://www.youtube.com/watch?v=rStL7niR7gs
- h0l0cube 5y agoMining and extraction does seem to have a Baumol effect, and it's a problem for those countries to justify expenses like health, education and housing when easy money is being made.