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What is Value?
Sub topics:
- Real vs. Nominal Growth
- At the end of the day, input = output
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What is Value?
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This writing is intended as a conversation starter for anyone who wants to contribute research for how to inclusively grow and share the economic pie.

Overall it probably makes sense for there to be a “Bipartisan Manhattan Project” for figuring out how to increase the size of the pie and distribute it well (similar to Dalio stating what he would do as president).
This may be humanity’s Most Important Century.
Here’s a brief summary of the relevant economic and historical trends:
How Global Financial Freedom Impacts Existential Risk
The Inequality challenge seems likely to get worse with tech advancement
See WaitButWhy “A Game of Giants”
Ray Dalio’s report on Populism: The Phenomenon, the book Principles for Dealing with a Changing World Order, and the video Dealing with a Changing World Order.
Dalio’s Principled Perspectives on Linkedin.
Determinants of the Perpetual Motion Machine.
Determinants: Class Struggles.
Determinants: Political Left/Right Cycle.
Determinants: The Big Multigenerational Psychological Cycle.
Determinants: Human Inventiveness.
Determinants: Inflation and Wealth.
The Changing World Order: The New Paradigm.
The Rising Risk of Civil War: Following in the Footsteps of History.
The Changing World Order: Focusing on External Conflict and the Russia-Ukraine-NATO Situation.
The Past Is Prologue: The Changing World Order; How the Sides Are Lining Up.
How Can We Tell How the First Battle in the Long War for Control of the World Order Is Going?
Nick Bostrom’s writing on the rate of change in humanity’s capability vs. wisdom and coordination.
In the All In Podcast section “How the US can fix its current economic issues” David Friedberg provides a good summary of context and potential solutioning:
(1) Grow the pie
(2) Split the pie well
(3) Efficiently create and distribute the value
“The ability to bioengineer pathogenic organisms is becoming ubiquitous. The toolkit for doing gain-of-function research… is a very simple toolkit. The ability to engineer organisms that can cause catastrophic harm to the human species is becoming available on the internet and with tools that any of us can buy and use in our garage. So what I'm more questioning and what I'm more concerned about and what I care more about is what is our global biodefense strategy, how are we getting ahead of the next wave of this happening.” -David Friedberg. Deep Fakes.
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