Molly Conger
๐ค SpeakerAppearances Over Time
Podcast Appearances
Who decided that we should do math and economics?
Oh, the first guy that did it.
Versus trying to force reality into this chart that I made.
Yeah, I'm going to go ahead and say I don't endorse everything he did.
I don't know anything about him.
I guess, you know, in this supply and demand model, it's just like whatever people are willing to pay, you just keep increasing the price until demand drops off and then you back off a little.
We're actually doing the economy right now.
So my new airline where everyone gets a free ice cream is really throwing a wrench into this.
The problem with all of these principles is it's a perfect blend of stuff that's like completely fucking obvious, like statements of observed reality.
And you can never tell which one you're dealing... You know what I mean?
Yeah, like what the factory is worth is based on how much money it can make, obviously.
Well, I thought the value of things, I thought the price of things was set by supply and demand.
So the value of the factory is whatever someone's willing to pay for it.
No, I'm just making a joke that like prices and values appear to be disconnected.
So we're saying like the factory has an inherent value versus the factory has a price.