Friday, April 5, 2019
How The Economic Machine Works, by Ray Dalio
This is a good, quick introduction to fundamentals of economic growth. It is the context within which the connectivity, and all other businesses and industries work.
As many of you know, Ray Dalio also believes there are structural problems with modern capitalism that must be addressed (inequality, for example). Not often does one encounter someone who "gets" both the vital role of "creating wealth" and the necessity of ensuring its fair distribution.
You should read his perspectives on reforming capitalism, to preserve both wealth creation and wealth distribution. We need both.
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