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One of my best episodes ever. Lars Doucet is the author of Land is a Big Deal, a book about Georgism which has been praised by Vitalik Buterin, Scott Alexander, and Noah Smith. Sam Altman is the lead investor in his new startup, ValueBase: https://www.valuebase.co/ Talking with Lars completely changed how I think about who creates value in the world and who leaches off it. We go deep into the weeds on Georgism: Why do even the wealthiest places in the world have poverty and homelessness, and why do rents increase as fast as wages? Why are land-owners able to extract the profits that rightly belong to labor and capital? How would taxing the value of land alleviate speculation, NIMBYism, and income and sales taxes? Spotify: https://spoti.fi/3XbdnOI Apple Podcasts: https://apple.co/3CyfvbJ Website + Transcript: https://www.dwarkeshpatel.com/p/lars-... Follow Lars on Twitter: / larsiusprime Follow me on Twitter: / dwarkesh_sp Timestamps (00:00:00) - Intro (00:01:11) - Georgism (00:03:16) - Metaverse Housing Crises (00:07:10) - Tax Leisure? (00:13:53) - Speculation & Frontiers (00:24:33) - Social Value of Search (00:33:13) - Will Georgism Destroy The Economy? (00:38:51) - The Economics of San Francisco (00:43:31) - Transfer from Landowners to Google? (00:46:47) - Asian Tigers and Land Reform (00:50:53) - Libertarian Georgism (00:55:16) - Crypto (00:56:50) - Transitioning to Georgism (01:02:30) - Lars's Startup & Land Assessment (01:14:46) - Big Tech (01:20:24) - Space (01:22:39) - Copyright (01:24:36) - Politics of Georgism (01:32:44) - Someone Is Always Collecting Rents