Chapter
The Disconnection Between Government Officials and Citizens in California
53:45 - 1:02:07 (08:21)
The government officials in California are not representing the people who are living and voting there, but instead are catering to special interests and teachers unions, leading to the inability to build housing and stunting growth.
Clips
The government should not be for profit, but rather aim to provide its citizens with an even starting line, even if that means running at a loss, as long as the net GDP is positive and accretive to society.
53:45 - 54:40 (00:55)
Summary
The government should not be for profit, but rather aim to provide its citizens with an even starting line, even if that means running at a loss, as long as the net GDP is positive and accretive to society. The premise of the economic point of view relies on GDP growth, and without it, the formula fails.
ChapterThe Disconnection Between Government Officials and Citizens in California
EpisodeE20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker believes in the importance of narrative in understanding and driving economic development.
54:40 - 57:38 (02:58)
Summary
The speaker believes in the importance of narrative in understanding and driving economic development. He argues that it’s not just about the numbers, but also about the stories and narratives that come with it.
ChapterThe Disconnection Between Government Officials and Citizens in California
EpisodeE20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Venture capitalist Tim Draper and Marcus & Millichap CEO Hessam Nadji join Jason Hartman to discuss the problems of overregulation and big government in California and New York, and how it's causing a death spiral for these states.
57:38 - 1:02:07 (04:28)
Summary
Venture capitalist Tim Draper and Marcus & Millichap CEO Hessam Nadji join Jason Hartman to discuss the problems of overregulation and big government in California and New York, and how it's causing a death spiral for these states. They argue that the government officials are not representing the people which is leading to the downfall of these states.